August 29, 2019 by Steve Blade
Isopropanol has gained a significant industrial imperativeness as a solvent, on account of its compatibility with most of the water-based solvents. This property of isopropanol has further augmented its demand in the cosmetic industry, driven by growing use of personal care products and cosmetics. Virucidal, bactericidal, fungicidal, and anti-microbial properties of isopropanol are being leveraged in sterilizing and disinfecting surfaces in hospitals, food processing equipment, and household dwellings. Isopropanol is also sought-after as a cleaning agent for electronic components, particularly in semiconductor industry where consumption of semiconductor-grade isopropanol remains substantial.
The report provides a coherent assessment on isopropanol market with the assistant of qualitative and quantitative assessment. The report delves into the segmentation of the market to offer insights on the isopropanol. The report also delineates the drivers, restraints, opportunities and trends surrounding the isopropanol market.
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Chapter 1 Executive Summary
Chapter 2 Global Isopropanol Market Overview
Chapter 3 Market Dynamics
To be Continue......
Application of Isopropanol as Biofuel to Emerge as a Key Trend
An emerging trend being witnessed in the isopropanol market is its surging use as a biofuel. Recent analyses made to devise engineered synthetic pathways for producing isopropanol from microbes have meant that significant potential lies for isopropanol’s utilization as a biofuel for replacing gasoline. Moreover, manufacturing isopropanol using lignocellulosic waste represents a remunerative avenue for economically-feasible production of the compound. With the rise in era of green chemicals, which promotes adoption of bio-based chemicals, biological production methods of isopropanol will be sought-after in the upcoming years, thereby impacting the market growth.
The analysis of the report is backed up by secondary research and primary research. The secondary sources encompasses Factiva, veracious paid source, resourceful database and trade journals. The primary source includes unbiased views of experts, seasoned analyst, including surveys and interviews. The report is propelled by absolute dollar opportunity analysis which substantiates the development of the isopropanol market.
Isopropanol Market: Competitive Scenario
A robust assessment of competitive scenario of the isopropanol market is propelled by an exhaustive assessment of Porters’ Five Force Analysis offering inputs on potential strategic steps taken competitors. The report incorporates financial overview, portfolio of the product, recent development, namely.
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