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The North America isopropyl alcohol market reached a volume of 855,450 Tons in 2020. Looking forward, IMARC Group expects the market to exhibit stable growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Isopropyl alcohol (C3H7OH), also known as isopropanol, is a colorless, volatile and flammable chemical compound with a distinctive odor. It is miscible with various essential oils, removes flux, helps in sterilization, cleansing and deicing, and has several anti-bacterial and anti-fungal benefits. Apart from this, the alcohol has long shelf life and is widely available at affordable prices. Owing to this, isopropyl alcohol is employed across diverse sectors such as pharmaceuticals, personal care and cosmetics, food processing, paints and coatings, printing, automotive, and liquid detergents.
North America represents one of the largest markets for isopropyl alcohol owing to the increasing demand in the pharmaceutical industry. Rapid influx of several products such as alcohol wipes and swabs, hand sanitizers, oral mouthwash, and eardrops has fuelled the demand for isopropyl alcohol in the region. Moreover, blooming food and beverage industry has also contributed to the increasing demand. Rising consumer health awareness of the antibacterial and antiseptic benefits of isopropyl alcohol will continue to spur the demand in the upcoming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the North America isopropyl alcohol market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on application and end-use industry.
IMARC Group’s latest report provides a deep insight into the North America isopropyl alcohol market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America isopropyl alcohol market in any manner.
|Base Year of the Analysis||2020|
|Segment Coverage||Application, End-Use Industry, Country|
|Countries Covered||United States, Canada, Mexico|
|Customization Scope||10% Free Customization|
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