Isopropyl Alcohol or 2-Propanol (C3H8O) is a chemical compound which is a propyl alcohol isomer. It looks like a colourless liquid that is flammable in nature and has a strong odour.

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It has a molecular weight of 60.10 g/mol. It is water-soluble and also has solubility in many organic solvents such as ethanol, methanol, acetone, and chloroform. It has antibacterial properties. Its respective boiling, melting and flash points are 82ºC, -89.5ºC, and 11.7ºC.

Key Details About the Isopropyl Alcohol Price Trends

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Isopropyl Alcohol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Isopropyl Alcohol Price Trends, including India Isopropyl Alcohol price, USA Isopropyl Alcohol price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Isopropyl Alcohol Price Trends:

The isopropyl alcohol market is driving northward owing to the chemical's application in producing acetone and its derivatives. In addition to its role in facilitating the production of these products, it is also used as a solvent for coatings and other industrial processes. In the pharmaceutical industry, it is used to make products such as hand sanitiser, rubbing alcohol, and disinfecting pads. Furthermore, it finds application in the automotive sector, in gas-drying fuel additives for solubilising water so it does not split and freeze. Other products that employ the chemical include paint, paint thinner as well as its remover, inks, cement, fuels, dyes, and de-icers. Also, it is added to various household products and perfumes, which further boosts the industry's expansion.

Key Players:

• The Dow Chemical Company
• Exxon Mobil
• Shell Chemicals Europe B.V.
• INEOS Enterprises Group Limited
• Super Chemical Technology Co. Ltd

News Recent Development

• 14th January 2023- Indian healthcare system comprising laboratories, clinics, hospitals, and healthcare centres will be required to switch from non-pharma grade IPA-based disinfectants to Pharma grade Isopropyl alcohol (IPA) based disinfectants.

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