Isopropyl Alcohol Project Report, Plant Cost, Business Plan | Provided by Procurement Resource

Product NameIsopropyl Alcohol
Molecular Weight60.1 g/mol
Chemical FormulaC3H8O
Synonyms2-Propanol, Isopropanol, Isopropyl Alcohol, Rubbing Alcohol
Region/Countries for which Data is availableAsia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeOur services can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after service delivery

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Isopropyl alcohol is an organic compound that is flammable, colourless, and has a strong odour. The chemical formula of isopropyl alcohol is C3H8O, and its molecular weight is 60.1 g/mol.

The boiling point and melting point of isopropyl alcohol are 82.5 °C and -89 °C respectively. It has the properties of both ethyl methyl ether and 1-propanol structural isomers.

Isopropyl alcohol is manufactured by high-grade (or polymer-grade) propene. When the catalysts are present, it is created through the direct hydration of gaseous propene with water. As a by-product, propyl alcohol is produced in modest amounts. The density of isopropyl alcohol is 786 kg/m³.

Asia Pacific is a major producer of the isopropyl alcohol market, wherein China and South Korea are the leading countries.

Key Details About the Isopropyl Alcohol Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the isopropyl alcohol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The isopropyl alcohol price trend, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Isopropyl Alcohol Price Trend:

Price Trend Image

Isopropyl alcohol is used as a solvent in various industries like cosmetics, drugs, shellacs, and gums. It is also employed as a denaturing ethanol agent.

It is used in the printing industry as a cleaner as well as for industrial equipment, in flexography, lithography, and in gravure printing.

Other than that, it is utilised in the manufacturing of rubber, diluent, and extractor in chemistry, degreases metal, and strips paints.

It finds its application as an established disinfectant in medical facilities and hospitals. It is also employed as a gentle cleanser in cosmetics, astringents, and perfumes.

Key Market Players:

  • The Dow Chemical Company
  • Exxon Mobil
  • Shell Chemicals Europe B.V.
  • INEOS Enterprises Group Limited
  • Super Chemical Technology Co. Ltd.

News and Events:

  • September 2022: BASF recently unveiled a new line of catalysts. High-performance and high-quality oxo alcohol catalyst Ni 3354 E from a company combines outstanding selectivity and activity. For the hydrogenation of acetone to produce isopropyl alcohol, this catalyst has been examined and found to be effective.

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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

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