North America Isopropyl Alcohol Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The North America isopropyl alcohol market size reached 954,000 Tons in 2022. Looking forward, IMARC Group expects the market to reach 1,099,000 Tons by 2028, exhibiting a growth rate (CAGR) of 2.3% during 2023-2028.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America isopropyl alcohol market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on application and end-use industry.
Key Regions Analyzed
United States
Canada
Mexico
Analysis for Each Country
Market by Application
Process Solvent
Cleaning Agent
Coating Solvent
Intermediate
Others
Market by End-Use Industry
Cosmetics and Personal Care
Pharmaceuticals
Food and Beverages
Paints and Coatings
Chemicals
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
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.
Key Questions Answered in This Report:
How has the North America isopropyl alcohol market performed so far and how will it perform in the coming years?
What are the key regions in the North America isopropyl alcohol market?
What has been the impact of COVID-19 on the North America isopropyl alcohol market?
What is the breakup of the North America isopropyl alcohol market on the basis of application?
What is the breakup of the North America isopropyl alcohol market on the basis of end-use industry?
What are the various stages in the value chain of the North America isopropyl alcohol industry?
What are the key driving factors and challenges in the North America isopropyl alcohol industry?
What is the structure of the North America isopropyl alcohol industry and who are the key players?
What is the degree of competition in the North America isopropyl alcohol industry?
What are the profit margins in the North America isopropyl alcohol industry?
The North America isopropyl alcohol market size reached 954,000 Tons in 2022. Looking forward, IMARC Group expects the market to reach 1,099,000 Tons by 2028, exhibiting a growth rate (CAGR) of 2.3% during 2023-2028.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America isopropyl alcohol market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on application and end-use industry.
Key Regions Analyzed
United States
Canada
Mexico
Analysis for Each Country
Market by Application
Process Solvent
Cleaning Agent
Coating Solvent
Intermediate
Others
Market by End-Use Industry
Cosmetics and Personal Care
Pharmaceuticals
Food and Beverages
Paints and Coatings
Chemicals
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
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.
Key Questions Answered in This Report:
How has the North America isopropyl alcohol market performed so far and how will it perform in the coming years?
What are the key regions in the North America isopropyl alcohol market?
What has been the impact of COVID-19 on the North America isopropyl alcohol market?
What is the breakup of the North America isopropyl alcohol market on the basis of application?
What is the breakup of the North America isopropyl alcohol market on the basis of end-use industry?
What are the various stages in the value chain of the North America isopropyl alcohol industry?
What are the key driving factors and challenges in the North America isopropyl alcohol industry?
What is the structure of the North America isopropyl alcohol industry and who are the key players?
What is the degree of competition in the North America isopropyl alcohol industry?
What are the profit margins in the North America isopropyl alcohol industry?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 GLOBAL ISOPROPYL ALCOHOL MARKET
5.1Market Performance
5.2Market Breakup by Application
5.3Market Breakup by End-Use Industry
5.4Market Breakup by Region
5.5Market Forecast
6 NORTH AMERICA ISOPROPYL ALCOHOL MARKET
6.1Market Performance
6.2Impact of COVID-19
6.3Market Forecast
7 NORTH AMERICA ISOPROPYL ALCOHOL MARKET: BREAKUP BY APPLICATION
7.1Process Solvent
7.2Cleaning Agent
7.3Coating Solvent
7.4Intermediate
7.5Others
8 NORTH AMERICA ISOPROPYL ALCOHOL MARKET: BREAKUP BY END-USE INDUSTRY
8.1Cosmetics and Personal Care
8.2Pharmaceuticals
8.3Food and Beverages
8.4Paints and Coatings
8.5Chemicals
8.6Others
9 NORTH AMERICA ISOPROPYL ALCOHOL MARKET: BREAKUP BY COUNTRY
9.1 United States
9.1.1Historical Market Trends
9.1.2Market Breakup by Application
9.1.3Market Breakup by End-Use Industry
9.1.4Market Forecast
9.2 Canada
9.2.1Historical Market Trends
9.2.2Market Breakup by Application
9.2.3Market Breakup by End-Use Industry
9.2.4Market Forecast
9.3 Mexico
9.3.1Historical Market Trends
9.3.2Market Breakup by Application
9.3.3Market Breakup by End-Use Industry
9.3.4Market Forecast
10 SWOT ANALYSIS
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 VALUE CHAIN ANALYSIS
11.1Overview
11.2Raw Material Procurement
11.3Manufacturing
11.4Distribution
11.5Exports
11.6End-Use
12 PORTER’S FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 GLOBAL ISOPROPYL ALCOHOL MARKET
5.1Market Performance
5.2Market Breakup by Application
5.3Market Breakup by End-Use Industry
5.4Market Breakup by Region
5.5Market Forecast
6 NORTH AMERICA ISOPROPYL ALCOHOL MARKET
6.1Market Performance
6.2Impact of COVID-19
6.3Market Forecast
7 NORTH AMERICA ISOPROPYL ALCOHOL MARKET: BREAKUP BY APPLICATION
7.1Process Solvent
7.2Cleaning Agent
7.3Coating Solvent
7.4Intermediate
7.5Others
8 NORTH AMERICA ISOPROPYL ALCOHOL MARKET: BREAKUP BY END-USE INDUSTRY
8.1Cosmetics and Personal Care
8.2Pharmaceuticals
8.3Food and Beverages
8.4Paints and Coatings
8.5Chemicals
8.6Others
9 NORTH AMERICA ISOPROPYL ALCOHOL MARKET: BREAKUP BY COUNTRY
9.1 United States
9.1.1Historical Market Trends
9.1.2Market Breakup by Application
9.1.3Market Breakup by End-Use Industry
9.1.4Market Forecast
9.2 Canada
9.2.1Historical Market Trends
9.2.2Market Breakup by Application
9.2.3Market Breakup by End-Use Industry
9.2.4Market Forecast
9.3 Mexico
9.3.1Historical Market Trends
9.3.2Market Breakup by Application
9.3.3Market Breakup by End-Use Industry
9.3.4Market Forecast
10 SWOT ANALYSIS
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 VALUE CHAIN ANALYSIS
11.1Overview
11.2Raw Material Procurement
11.3Manufacturing
11.4Distribution
11.5Exports
11.6End-Use
12 PORTER’S FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
LIST OF TABLES
Table 1: North America: Isopropyl Alcohol Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Isopropyl Alcohol Market Forecast: Breakup by Application (in ‘000 Tons), 2023-2028
Table 3: North America: Isopropyl Alcohol Market Forecast: Breakup by End-Use Industry (in ‘000 Tons), 2023-2028
Table 4: North America: Isopropyl Alcohol Market Forecast: Breakup by Country (in ‘000 Tons), 2023-2028
Table 5: North America: Isopropyl Alcohol Market: Competitive Structure
Table 6: North America: Isopropyl Alcohol Market: Key Players
Table 1: North America: Isopropyl Alcohol Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Isopropyl Alcohol Market Forecast: Breakup by Application (in ‘000 Tons), 2023-2028
Table 3: North America: Isopropyl Alcohol Market Forecast: Breakup by End-Use Industry (in ‘000 Tons), 2023-2028
Table 4: North America: Isopropyl Alcohol Market Forecast: Breakup by Country (in ‘000 Tons), 2023-2028
Table 5: North America: Isopropyl Alcohol Market: Competitive Structure
Table 6: North America: Isopropyl Alcohol Market: Key Players
LIST OF FIGURES
Figure 1: North America: Isopropyl Alcohol Market: Major Drivers and Challenges
Figure 2: Global: Isopropyl Alcohol Market: Volume Trends (in ‘000 Tons), 2017-2022
Figure 3: Global: Isopropyl Alcohol Market: Breakup by Application (in %), 2022
Figure 4: Global: Isopropyl Alcohol Market: Breakup by End-Use Industry (in %), 2022
Figure 5: Global: Isopropyl Alcohol Market: Breakup by Region (in %), 2022
Figure 6: Global: Isopropyl Alcohol Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 7: North America: Isopropyl Alcohol Market: Volume Trends (in ‘000 Tons), 2017-2022
Figure 8: North America: Isopropyl Alcohol Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 9: North America: Isopropyl Alcohol Industry: SWOT Analysis
Figure 10: North America: Isopropyl Alcohol Industry: Value Chain Analysis
Figure 11: North America: Isopropyl Alcohol Industry: Porter’s Five Forces Analysis
Figure 12: North America: Isopropyl Alcohol Market: Breakup by Application (in %), 2022
Figure 13: North America: Isopropyl Alcohol (Process Solvent) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 14: North America: Isopropyl Alcohol (Process Solvent) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 15: North America: Isopropyl Alcohol (Cleaning Agent) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 16: North America: Isopropyl Alcohol (Cleaning Agent) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 17: North America: Isopropyl Alcohol (Coating Solvent) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 18: North America: Isopropyl Alcohol (Coating Solvent) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 19: North America: Isopropyl Alcohol (Intermediate) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 20: North America: Isopropyl Alcohol (Intermediate) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 21: North America: Isopropyl Alcohol (Other Applications) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 22: North America: Isopropyl Alcohol (Other Applications) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 23: North America: Isopropyl Alcohol Market: Breakup by End-Use Industry (in %), 2022
Figure 24: North America: Isopropyl Alcohol (Cosmetics and Personal Care) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 25: North America: Isopropyl Alcohol (Cosmetics and Personal Care) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 26: North America: Isopropyl Alcohol (Pharmaceuticals) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 27: North America: Isopropyl Alcohol (Pharmaceuticals) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 28: North America: Isopropyl Alcohol (Food and Beverages) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 29: North America: Isopropyl Alcohol (Food and Beverages) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 30: North America: Isopropyl Alcohol (Paints and Coatings) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 31: North America: Isopropyl Alcohol (Paints and Coatings) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 32: North America: Isopropyl Alcohol (Chemicals) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 33: North America: Isopropyl Alcohol (Chemicals) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 34: North America: Isopropyl Alcohol (Other Industries) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 35: North America: Isopropyl Alcohol (Other Industries) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 36: North America: Isopropyl Alcohol Market: Breakup by Country (in %), 2022
Figure 37: United States: Isopropyl Alcohol Market: Volume Trends (in ‘000 Tons), 2017-2022
Figure 38: United States: Isopropyl Alcohol Market: Breakup by Application (in %), 2022
Figure 39: United States: Isopropyl Alcohol Market: Breakup by End-Use Industry (in %), 2022
Figure 40: United States: Isopropyl Alcohol Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 41: Canada: Isopropyl Alcohol Market: Volume Trends (in ‘000 Tons), 2017-2022
Figure 42: Canada: Isopropyl Alcohol Market: Breakup by Application (in %), 2022
Figure 43: Canada: Isopropyl Alcohol Market: Breakup by End-Use Industry (in %), 2022
Figure 44: Canada: Isopropyl Alcohol Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 45: Mexico: Isopropyl Alcohol Market: Volume Trends (in ‘000 Tons), 2017-2022
Figure 46: Mexico: Isopropyl Alcohol Market: Breakup by Application (in %), 2022
Figure 47: Mexico: Isopropyl Alcohol Market: Breakup by End-Use Industry (in %), 2022
Figure 48: Mexico: Isopropyl Alcohol Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 1: North America: Isopropyl Alcohol Market: Major Drivers and Challenges
Figure 2: Global: Isopropyl Alcohol Market: Volume Trends (in ‘000 Tons), 2017-2022
Figure 3: Global: Isopropyl Alcohol Market: Breakup by Application (in %), 2022
Figure 4: Global: Isopropyl Alcohol Market: Breakup by End-Use Industry (in %), 2022
Figure 5: Global: Isopropyl Alcohol Market: Breakup by Region (in %), 2022
Figure 6: Global: Isopropyl Alcohol Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 7: North America: Isopropyl Alcohol Market: Volume Trends (in ‘000 Tons), 2017-2022
Figure 8: North America: Isopropyl Alcohol Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 9: North America: Isopropyl Alcohol Industry: SWOT Analysis
Figure 10: North America: Isopropyl Alcohol Industry: Value Chain Analysis
Figure 11: North America: Isopropyl Alcohol Industry: Porter’s Five Forces Analysis
Figure 12: North America: Isopropyl Alcohol Market: Breakup by Application (in %), 2022
Figure 13: North America: Isopropyl Alcohol (Process Solvent) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 14: North America: Isopropyl Alcohol (Process Solvent) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 15: North America: Isopropyl Alcohol (Cleaning Agent) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 16: North America: Isopropyl Alcohol (Cleaning Agent) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 17: North America: Isopropyl Alcohol (Coating Solvent) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 18: North America: Isopropyl Alcohol (Coating Solvent) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 19: North America: Isopropyl Alcohol (Intermediate) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 20: North America: Isopropyl Alcohol (Intermediate) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 21: North America: Isopropyl Alcohol (Other Applications) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 22: North America: Isopropyl Alcohol (Other Applications) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 23: North America: Isopropyl Alcohol Market: Breakup by End-Use Industry (in %), 2022
Figure 24: North America: Isopropyl Alcohol (Cosmetics and Personal Care) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 25: North America: Isopropyl Alcohol (Cosmetics and Personal Care) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 26: North America: Isopropyl Alcohol (Pharmaceuticals) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 27: North America: Isopropyl Alcohol (Pharmaceuticals) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 28: North America: Isopropyl Alcohol (Food and Beverages) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 29: North America: Isopropyl Alcohol (Food and Beverages) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 30: North America: Isopropyl Alcohol (Paints and Coatings) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 31: North America: Isopropyl Alcohol (Paints and Coatings) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 32: North America: Isopropyl Alcohol (Chemicals) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 33: North America: Isopropyl Alcohol (Chemicals) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 34: North America: Isopropyl Alcohol (Other Industries) Market: Volume Trends (in ‘000 Tons), 2017 & 2022
Figure 35: North America: Isopropyl Alcohol (Other Industries) Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 36: North America: Isopropyl Alcohol Market: Breakup by Country (in %), 2022
Figure 37: United States: Isopropyl Alcohol Market: Volume Trends (in ‘000 Tons), 2017-2022
Figure 38: United States: Isopropyl Alcohol Market: Breakup by Application (in %), 2022
Figure 39: United States: Isopropyl Alcohol Market: Breakup by End-Use Industry (in %), 2022
Figure 40: United States: Isopropyl Alcohol Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 41: Canada: Isopropyl Alcohol Market: Volume Trends (in ‘000 Tons), 2017-2022
Figure 42: Canada: Isopropyl Alcohol Market: Breakup by Application (in %), 2022
Figure 43: Canada: Isopropyl Alcohol Market: Breakup by End-Use Industry (in %), 2022
Figure 44: Canada: Isopropyl Alcohol Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
Figure 45: Mexico: Isopropyl Alcohol Market: Volume Trends (in ‘000 Tons), 2017-2022
Figure 46: Mexico: Isopropyl Alcohol Market: Breakup by Application (in %), 2022
Figure 47: Mexico: Isopropyl Alcohol Market: Breakup by End-Use Industry (in %), 2022
Figure 48: Mexico: Isopropyl Alcohol Market Forecast: Volume Trends (in ‘000 Tons), 2023-2028
