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The isopropyl alcohol market is expected to witness substantial demand in the coming years

Author : Ravi Chawat | Published Date : 2021-02-11 

The isopropyl alcohol market is expected to witness substantial demand in the coming years owing to the product’s varied range of application across a plethora of industry verticals. Isopropyl alcohol, also known as isomer of propyl alcohol, contains various antibacterial properties. It is immensely used in disinfectants that are utilized by medical and electronics device manufacturers, pharmaceutics, and hospitals for cleaning rooms.

Isopropyl alcohol is generally a colorless liquid which is used for disinfecting purposes. It is also used as a cleaning fluid or solvent for dissolving oils. The chemical is used in the production of acetone and its byproducts. Apart from this, isopropyl alcohol is utilized in gardening for treating rotting, dead or diseased plants, as a disinfectant for silk plant and flower and for preventing fruit flies.

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Due to the COVID-19 outbreak, there have been a tremendous increase in the demand for disinfectants and sanitizers globally. The outbreak has encouraged people to focus more on personal hygiene and use sanitizers and disinfectants for preventing themselves from the severe hazards of COVID-19.

This necessity has incited the demand for isopropyl alcohol by disinfectant and sanitizer manufacturers worldwide. The demand for wellness products has also increased due to the spread of ongoing COVID-19 pandemic.

The isopropyl alcohol market of Middle East & Africa is expected to beat a valuation of $150 million due to collective demand for virtuous quality sanitizers and cleaning solutions. The requirement for hand sanitizers has enormously augmented across the region, which is anticipated to positively influence the regional market’s revenue graph during the ongoing scenario of COVID-19.

Meanwhile, the Latin America isopropyl alcohol market is also likely to gain momentum due to increase in demand for hygiene and self-care products. A research report published by Global Market Insights, projects that the LATAM isopropyl alcohol market is expected to grow at a CAGR of over 6% in the estimated time period. Increasing need for high quality personal care and cosmetic products could offer new business prospects to isopropyl alcohol suppliers in the region.

In terms of application, the isopropyl alcohol market is divided into flavoring agents, chemical intermediate, solvent, cleaning agent, disinfectants and others. The chemical functions as viscosity decreasing agent, antifoaming agent, cosmetic astringent, and solvents. Changing perception towards hygiene ever since the recent pandemic as well as rapid demand for high-quality cleaning products could foster the sales of isopropyl alcohol-based products over time.

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About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

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