India Isopropyl Alcohol (IPA) Market 2033

India Isopropyl Alcohol (IPA) Market Size, Share, Trends and Forecast by Application, Industry, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A31314

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India Isopropyl Alcohol (IPA) Market Overview:

The India isopropyl alcohol (IPA) market size reached USD 87.50 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 175.28 Million by 2033, exhibiting a growth rate (CAGR) of 7.40% during 2025-2033. The market is experiencing significant growth with growing demand across industries such as pharmaceuticals, cosmetics, and automobiles. Moreover, the growing healthcare industry, surging demand for sanitizers, and industrial applications are acting as growth-inducing factors. Since IPA has a key application in disinfection and cleaning, its demand has been continuously growing, thereby favoring the market further.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 87.50 Million
Market Forecast in 2033	USD 175.28 Million
Market Growth Rate (2025-2033)	7.40%

India Isopropyl Alcohol (IPA) Market Trends:

Growing Demand in Pharmaceuticals and Healthcare

The healthcare and pharmaceutical industries are positively impacting the increasing demand for isopropyl alcohol in India. IPA's efficiency as a disinfectant and a solvent in the manufacture of medicines, sanitizers, and vaccines has rendered it an indispensable product. In line with this, the COVID-19 pandemic rapidly increased the demand for IPA, which was used on a large scale for sanitization and healthcare-related purposes. IPA is increasingly being used by hospitals, clinics, and healthcare centers for sterilization and cleaning. With the Indian healthcare infrastructure growing further, particularly in tier 2 and tier 3 cities, demand for IPA will continue to be robust. Likewise, India's rising population and growing health concerns are anticipated to fuel the need for more efficient cleaning and disinfection processes, which will further drive IPA consumption. The growing focus on health and hygiene, particularly after the pandemic, has solidified IPA's position as a key chemical in the Indian market. Additionally, with the lifting of import safeguards in April 2024, IPA has become more accessible, thus ensuring a stable supply for healthcare and pharmaceutical companies across India.

India Isopropyl Alcohol (IPA) Market Size

Rising Use in Cosmetics and Automotive Industries

The use of Isopropyl Alcohol is also growing in cosmetics and the automobile industry. IPA in cosmetics is used as a solvent and in ingredients for use in a variety of products ranging from skin cleansing agents, hand sanitizers, and make-up removers. As disposable income and consumption in India increase, there has been a growing trend towards high-end cosmetic and personal care items. The increasing demand for personal grooming and hygiene by the urban population raises the demand for IPA even more. In the auto sector, IPA is a cleaner and degreaser applied on engine components and surfaces, imparting maintenance and improved vehicle performance. As one of the largest automobile markets globally, expansion in the automobile sector keeps the consumption of IPA moving. Also, with the opening of additional manufacturing facilities in various parts of the country, the need for quality cleaning and maintenance products is increasing, thereby adding to the growth of the market.

India Isopropyl Alcohol (IPA) Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on application and industry.

Application Insights:

Process Solvent
Cleaning Agent
Coating Solvent
Intermediate
Others

The report has provided a detailed breakup and analysis of the market based on the application. This includes process solvent, cleaning agent, coating solvent, intermediate, and others.

Industry Insights:

Cosmetic and Personal Care
Pharmaceutical
Food and Beverage
Paints and Coatings
Chemical
Others

The report has provided a detailed breakup and analysis of the market based on the industry. This includes cosmetic and personal care, pharmaceutical, food and beverage, paints and coatings, chemical, and others.

Regional Insights:

North India
South India
East India
West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Isopropyl Alcohol (IPA) Market News:

November 2024: Deepak Fertilisers and Petrochemicals, a major Indian IPA producer, continued expanding its portfolio by manufacturing both pharmaceutical and industrial-grade IPA. This strategic move strengthened its market presence, contributing to the domestic supply of IPA while increasing competition in the Indian market.
August 2024: India's Directorate General of Trade Remedies recommended imposing anti-dumping duties (ADD) on Isopropyl Alcohol (IPA) imports from certain Chinese producers. This move aimed to protect the domestic industry from price undercutting, raising IPA prices and impacting Chinese supply in the Indian industry.

India Isopropyl Alcohol (IPA) Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Application Industry Region
Applications Covered	Process Solvent, Cleaning Agent, Coating Solvent, Intermediate, Others
Industries Covered	Cosmetic and Personal Care, Pharmaceutical, Food and Beverage, Paints and Coatings, Chemical, Others
Regions Covered	North India, South India, East India, West India
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the India isopropyl alcohol (IPA) market performed so far and how will it perform in the coming years?
What is the breakup of the India isopropyl alcohol (IPA) market on the basis of application?
What is the breakup of the India isopropyl alcohol (IPA) market on the basis of industry?
What are the various stages in the value chain of the India isopropyl alcohol (IPA) market?
What are the key driving factors and challenges in the India isopropyl alcohol (IPA) market?
What is the structure of the India isopropyl alcohol (IPA) market and who are the key players?
What is the degree of competition in the India isopropyl alcohol (IPA) market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India isopropyl alcohol (IPA) market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the India isopropyl alcohol (IPA) market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India isopropyl alcohol (IPA) industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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