Isopropyl Alcohol Market Development Overview, Growth Opportunities, Business Strategies and Forecast to 2030
Isopropyl alcohol is an isomer of propyl alcohol used in the manufacture of a wide variety of industrial and household chemicals. It is used in the manufacture of acetone and glycerin and is a readily available alcohol. It is also used in aftershave lotions, hand lotions, and other cosmetics. Water and propene are combined in a hydration reaction to produce isopropyl alcohol. Hydrogenating acetone also yields isopropyl alcohol. Some key factors driving the growth of the isopropyl alcohol market include: Cleaning and Disinfection: Isopropyl alcohol is commonly used as a cleaning and disinfecting agent in households, hospitals, and industries. Its ability to kill bacteria, viruses, and fungi makes it a popular choice for cleaning surfaces and medical equipment. Pharmaceuticals: Isopropyl alcohol is used as a solvent in the pharmaceutical industry for manufacturing medicines, ointments, lotions, and other topical products. It helps dissolve and extract active ingredients from various s