Written by Rahul Singh » Updated on: March 20th, 2024
The latest report by IMARC Group, titled “North America Isopropyl Alcohol Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,“ offers a comprehensive analysis of the industry, which comprises insights into the North America isopropyl alcohol market outlook. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The North America isopropyl alcohol market size reached 1,000,100 Tons in 2023. Looking forward, IMARC Group expects the market to reach 1,237,440 Tons by 2032, exhibiting a growth rate (CAGR) of 2.39% during 2024-2032.
North America Isopropyl Alcohol Market Overview:
The North America isopropyl alcohol market is experiencing significant growth, owing to a combination of primary factors, including the escalating industrial demand and the expanding health sector. Moreover, isopropyl alcohol, known for its effectiveness as a solvent and disinfectant, is propelling the demand among various industries, such as pharmaceuticals, cosmetics, personal care, etc. Apart from this, the widespread use as a sanitizing agent and the rising consumer health and hygiene awareness are acting as significant growth-inducing factors. Additionally, its applications in the manufacturing of acetone and other chemicals are further positively influencing the regional market.
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North America Isopropyl Alcohol Market Trends:
Apart from this, technological advancements and the inflating popularity of sustainable practices are also stimulating the North America isopropyl alcohol market. Moreover, the growing emphasis of key players on producing isopropyl alcohol through environmentally friendly processes is acting as another significant growth-inducing factor. In addition to this, innovations in production techniques that reduce carbon footprints and optimize resource utilization are catalyzing the market growth in North America.
Furthermore, regulatory policies regarding the safe use and transportation of chemicals are inclining leading manufacturers towards safer and more efficient practices, thereby stimulating the market growth across the country. The elevating focus on sustainability, coupled with the rising industrial and healthcare demand, is expected to drive the market growth in the region over the forecasted period.
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/north-america-isopropyl-alcohol-market
North America Isopropyl Alcohol Market Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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