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Global Rubbing Alcohol Market (2023-2028) by Grade, Applications, End-Users, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis

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  • 210 Pages
  • January 2023
  • Region: Global
  • Infogence Global Research
  • ID: 5451271

Rubbing alcohol is either an isopropyl alcohol or an ethanol-based liquid, with isopropyl alcohol products being the most widely available

The Global Rubbing Alcohol Market is estimated to be USD 5.99 Bn in 2023 and is expected to reach USD 11.7 Bn by 2028, growing at a CAGR of 14.33%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Rubbing Alcohol Market is segmented based on Grade, Applications, End-Users, and Geography.
  • By Grade, the market is classified into Domestic Grade, Industrial Grade, Laboratory Grade, and Technical Grade.
  • By Applications, the market is classified into Cleaning Agent, Coating Solvent, Intermediate, and Process Solvent.
  • By End-Users, the market is classified into Commercial and Residential.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Equate Petrochemical Co., Exxon Mobil Corp., Green Products Co., Haishi Hainuo Group, Honeywell International Inc., Huntsman Corp., Hydrite Chemical Co., Hydrox Chemical Co. Inc, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Rubbing Alcohol Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Rubbing Alcohol Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Rubbing Alcohol Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Rubbing Alcohol Market

What is the estimated value of the Global Rubbing Alcohol Market?

The Global Rubbing Alcohol Market was estimated to be valued at $5.99 Billion in 2023.

What is the growth rate of the Global Rubbing Alcohol Market?

The growth rate of the Global Rubbing Alcohol Market is 14.3%, with an estimated value of $11.7 Billion by 2028.

What is the forecasted size of the Global Rubbing Alcohol Market?

The Global Rubbing Alcohol Market is estimated to be worth $11.7 Billion by 2028.

Who are the key companies in the Global Rubbing Alcohol Market?

Key companies in the Global Rubbing Alcohol Market include Ami Chemicals Ltd., BASF SE, Clariant Ag, COFCO Group, Dow Chemical Co., Equate Petrochemical Co., Exxon Mobil Corp., Green Products Co., Haishi Hainuo Group and Honeywell International Inc..

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Wide Variety of Industrial and Household Chemical Applications
4.1.2 High-Volume Consumption in the Light of the Pandemic
4.1.3 Use in the Development of Consumer Cleaning Products owing to Awareness About Hygiene
4.2 Restraints
4.2.1 Stringent Government Regulations
4.2.2 Fluctuating Prices of Raw-Material
4.3 Opportunities
4.3.1 Recent Developments and Technological Innovations in Bioisopropanol and Bio-Ethanol
4.3.2 Increasing use in Automobile, Pharmaceutical & Healthcare Industry
4.4 Challenges
4.4.1 Control on Limited use due to Inflammable Property
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 Impact of COVID-19
5.5 Impact of Economic Slowdown & Impending Recession
5.6 Ansoff Matrix Analysis
6 Global Rubbing Alcohol Market, By Grade
6.1 Introduction
6.2 Domestic Grade
6.3 Industrial Grade
6.4 Laboratory Grade
6.5 Technical Grade
7 Global Rubbing Alcohol Market, By Applications
7.1 Introduction
7.2 Cleaning Agent
7.3 Coating Solvent
7.4 Intermediate
7.5 Process Solvent
8 Global Rubbing Alcohol Market, By End-Users
8.1 Introduction
8.2 Commercial
8.3 Residential
9 Americas' Rubbing Alcohol Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas
10 Europe's Rubbing Alcohol Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe
11 Middle East and Africa's Rubbing Alcohol Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA
12 APAC's Rubbing Alcohol Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific
13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements
14 Company Profiles
14.1 Ami Chemicals Ltd.
14.2 BASF SE
14.3 Clariant Ag
14.4 COFCO Group
14.5 Dow Chemical Co.
14.6 Equate Petrochemical Co.
14.7 Exxon Mobil Corp.
14.8 Green Products Co.
14.9 Haishi Hainuo Group
14.10 Honeywell International Inc.
14.11 Huntsman Corp.
14.12 Hydrite Chemical Co.
14.13 Hydrox Chemical Co. Inc.
14.14 LG Chem Ltd.
14.15 LyondellBasell Industries N.V.
14.16 Mitsui Chemicals Inc.
14.17 Perrigo Company PLC
14.18 Renhe Pharmacy Co., Ltd.
14.19 Rexall Laboratories and Chemicals Corp.
14.20 Royal Dutch Shell PLC
14.21 Shandong Lircon Medical Technology Co., Ltd.
14.22 Shenzhen Pango Microsystems Co., Ltd.
14.23 Winner Medical Co.
15 Appendix
15.1 Questionnaire

Companies Mentioned

  • Ami Chemicals Ltd.
  • Clariant Ag
  • COFCO Group
  • Dow Chemical Co.
  • Equate Petrochemical Co.
  • Exxon Mobil Corp.
  • Green Products Co.
  • Haishi Hainuo Group
  • Honeywell International Inc.
  • Huntsman Corp.
  • Hydrite Chemical Co.
  • Hydrox Chemical Co. Inc.
  • LG Chem Ltd.
  • LyondellBasell Industries N.V.
  • Mitsui Chemicals Inc.
  • Perrigo Company PLC
  • Renhe Pharmacy Co., Ltd.
  • Rexall Laboratories and Chemicals Corp.
  • Royal Dutch Shell PLC
  • Shandong Lircon Medical Technology Co., Ltd.
  • Shenzhen Pango Microsystems Co., Ltd.
  • Winner Medical Co.