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Report Overview
The global isopropyl alcohol market size reached a value of USD 5.08 Billion in 2025. The market is further expected to grow at a CAGR of 4.30% in the forecast period of 2026-2035 to attain USD 7.74 Billion by 2035.
The isopropyl alcohol market is expected to surge, owing to the requisite role of isopropyl alcohol in cleaning, sanitization, and disinfectants. The sanitizers market size was further propelled due to increasing demand during the COVID-19 pandemic. Sterilization and sanitization of medical devices is crucial to meet healthcare standards and isopropyl alcohol is most widely used in pharmaceutical and the healthcare sector. The need for hygiene and infection prevention in both hospitals and pharmaceutical facilities have been on the rise and is a key factor driving the market.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
Key Isopropyl Alcohol Company Insights
Strategic investments, technological developments and expansion into emerging markets are some factors driving both competition and innovation within the isopropyl alcohol business, with a few key players leading the way. With the increasing demand across most industries, leading players contribute much towards the overall application spanning from pharmaceuticals, cosmetics to chemicals.
- Royal Dutch Shell is a major global manufacturer of isopropyl alcohol, Royal Dutch Shell produces chemicals and solvents of the highest quality. The company’ large distribution network and investment in green practices enable it to supply this surge in demand to many sectors.
- Alumina Trading is an international distributor of isopropyl alcohol with top-quality products and support logistics. They specialize in innovation and efficiency, allowing them to maintain a strong presence in the market.
- Exxon Mobil Corporation is among the prominent players in the isopropyl alcohol business. The company leverages its extensive oil and gas network to produce high-purity alcohols for applications in industrial, pharmaceutical, and cleaning purposes. Its global footprint ensures quality and supply stability.
- Sasol Limited is a top supplier of isopropyl alcohol, offering innovative chemical solutions across industries. Sasol has a solid position in the isopropyl alcohol industry with an emphasis on sustainable production and technology.
Key Isopropyl Alcohol Companies:
- Royal Dutch Shell plc
- The Dow Chemical Company
- Exxon Mobil Corporation
- Sasol Limited
- Chang Chun Group
- Alumina Trading
- Mistral Industrial Chemicals
- INEOS Corporation
- ReAgent Chemicals Ltd.
- LyondellBasell Industries
- Linde Gas
- Ecolab
- Others
Isopropyl Alcohol Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The major drivers of the market include the growing economy, growing hygiene awareness, existing downstream specialty chemical marketspace, increasing healthcare facilities, thriving cosmetics and personal care industry, elevating income levels, and technological advancements.
The growing demand in pharmaceutical and solvent applications and utilisation of isopropyl alcohol in the formulation of sanitizers are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major applications include process solvent, cleaning agent, intermediate, and coating solvent, among others.
The major players in the industry are Royal Dutch Shell plc, The Dow Chemical Company, Exxon Mobil Corporation, Sasol Limited, Chang Chun Group, Alumina Trading, Mistral Industrial Chemicals, INEOS Corporation, ReAgent Chemicals Ltd., LyondellBasell Industries, Linde Gas, and Ecolab, among others.
The global isopropyl alcohol market reached a value of USD 5.08 Billion in 2025.
In the forecast period of 2026-2035, the market is projected to grow at a CAGR of 4.30%.
By 2035, the market is estimated to reach a value of about USD 7.74 Billion.
The largest regional market for isopropyl alcohol is North America.
The key opportunity lies in the growing demand for isopropyl alcohol in personal care products.
The leading application in the isopropyl alcohol market is solvent.
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