Isopropyl Alcohol Prices: Latest Price, News, Market Analysis, Historical & Forecast, Database, Chart
|Product Name||Isopropyl Alcohol|
|Region/Countries for which Data is available||
|Customization Scope||Our services can be customized as per the requirements of the customer|
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The chemical molecule isopropyl alcohol looks to be colourless, flammable and has a strong odour. One in which the alcohol’s carbon atom is joined to two extra carbon atoms is the most fundamental type of secondary alcohol.
Isopropyl Alcohol has the properties of both ethyl methyl ether and 1-propanol structural isomers. High-grade (or polymer-grade) propene is used to make isopropyl alcohol. This product is created through the direct hydration of gaseous propene with water when acidic catalysts are present. Propyl alcohol is produced in modest amounts as a byproduct.
The major producer of the isopropyl alcohol market is the Asia Pacific, wherein China and South Korea are the leading countries.
Key Details About the Isopropyl Alcohol Price Trend:
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 chart, 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 Trend:
Isopropyl Alcohol price trend is influenced by its industrial uses which include as a solvent in various industries like cosmetics, drugs, shellacs, and gums. Isopropyl Alcohol is also employed as a denaturing ethanol agent.
Key Market Players:
- The Dow Chemical Company
- Exxon Mobil
- Shell Chemicals Europe B.V.
- INEOS Enterprises Group Limited
- Super Chemical Technology Co. Ltd.
News and Events:
- September 2021: To help with the production of isopropyl alcohol, a crucial component of hand sanitizers that were high in demand because of the coronavirus pandemic situation, BASF recently unveiled a new line of catalysts. High-performance and high-quality oxo alcohol catalyst Ni 3354 E from a company combines outstanding selectivity and activity. For the hydrogenation of acetone to produce isopropyl alcohol, this catalyst has been examined and found to be effective.
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