The Global Isopropyl Alcohol Market was valued at USD 7.3 billion in 2025 and is estimated to grow at a CAGR of 6.4% to reach USD 13.7 billion by 2035.
Market growth is supported by rising global emphasis on hygiene standards, expanding pharmaceutical production capacity, and increasing use of precision-grade cleaning solutions across technology-driven industries. Isopropyl alcohol remains widely valued for its disinfecting capability and its role as a reliable solvent in pharmaceutical manufacturing. Heightened long-term awareness around sanitation and infection prevention has sustained demand well beyond earlier surges, reinforcing its position as an essential chemical across multiple industries. In parallel, regulatory pressure and environmental priorities are accelerating the shift toward bio-based production pathways and greener solvent systems. Investments in sustainable chemical manufacturing and supply chain optimization are reshaping production models, enabling suppliers to target specialty and high-purity applications while improving environmental performance. These structural developments continue to enhance market resilience and long-term growth potential.
The industrial-grade isopropyl alcohol segment held 46.9% share in 2025 and is expected to grow at a CAGR of 6.4% through 2035. Its dominance is driven by cost efficiency and broad functional applicability. Lower purification requirements reduce production energy intensity, allowing competitive pricing and supporting large-scale usage across industrial operations.
The healthcare and pharmaceutical segment held 34.1% share in 2025 and is forecast to expand at a CAGR of 6.5% from 2026 to 2035. Strong demand is supported by the critical role of isopropyl alcohol in sanitation, antiseptic use, and pharmaceutical-grade solvent applications.
North America Isopropyl Alcohol Market represented 24.3% share in 2025. Regional growth is driven by rising consumption across healthcare, chemical manufacturing, and professional cleaning sectors, supported by strong industrial infrastructure and consistent regulatory frameworks.
Key companies operating in the Global Isopropyl Alcohol Market include Dow, LyondellBasell, SABIC, Shell Chemicals, LG Chem, Mitsubishi Chemical Group, ExxonMobil, INEOS, Solvay, Sasol, PetroChina, Mitsui Chemicals, Deepak Fertilisers and Petrochemicals Corporation Ltd., Tokuyama Corporation, ISU Chemical, SK Geo Centric, LCY, Kukdo Chemical, Jiangsu Denoir Specialty Chemicals, and Shandong Dadi Supu Chemical Co., Ltd.
Companies in the isopropyl alcohol market are strengthening their competitive position through capacity expansion, sustainability-focused innovation, and portfolio optimization. Many producers are investing in bio-based and low-emission production technologies to meet regulatory and customer expectations. Strategic geographic expansion and localized manufacturing are helping reduce supply risks and improve responsiveness. Firms are also emphasizing high-purity and specialty-grade offerings to capture value-added segments. Long-term supply agreements with pharmaceutical and industrial customers are being used to stabilize demand, while operational efficiency initiatives and digitalized production systems support cost competitiveness and consistent product quality.
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Market growth is supported by rising global emphasis on hygiene standards, expanding pharmaceutical production capacity, and increasing use of precision-grade cleaning solutions across technology-driven industries. Isopropyl alcohol remains widely valued for its disinfecting capability and its role as a reliable solvent in pharmaceutical manufacturing. Heightened long-term awareness around sanitation and infection prevention has sustained demand well beyond earlier surges, reinforcing its position as an essential chemical across multiple industries. In parallel, regulatory pressure and environmental priorities are accelerating the shift toward bio-based production pathways and greener solvent systems. Investments in sustainable chemical manufacturing and supply chain optimization are reshaping production models, enabling suppliers to target specialty and high-purity applications while improving environmental performance. These structural developments continue to enhance market resilience and long-term growth potential.
The industrial-grade isopropyl alcohol segment held 46.9% share in 2025 and is expected to grow at a CAGR of 6.4% through 2035. Its dominance is driven by cost efficiency and broad functional applicability. Lower purification requirements reduce production energy intensity, allowing competitive pricing and supporting large-scale usage across industrial operations.
The healthcare and pharmaceutical segment held 34.1% share in 2025 and is forecast to expand at a CAGR of 6.5% from 2026 to 2035. Strong demand is supported by the critical role of isopropyl alcohol in sanitation, antiseptic use, and pharmaceutical-grade solvent applications.
North America Isopropyl Alcohol Market represented 24.3% share in 2025. Regional growth is driven by rising consumption across healthcare, chemical manufacturing, and professional cleaning sectors, supported by strong industrial infrastructure and consistent regulatory frameworks.
Key companies operating in the Global Isopropyl Alcohol Market include Dow, LyondellBasell, SABIC, Shell Chemicals, LG Chem, Mitsubishi Chemical Group, ExxonMobil, INEOS, Solvay, Sasol, PetroChina, Mitsui Chemicals, Deepak Fertilisers and Petrochemicals Corporation Ltd., Tokuyama Corporation, ISU Chemical, SK Geo Centric, LCY, Kukdo Chemical, Jiangsu Denoir Specialty Chemicals, and Shandong Dadi Supu Chemical Co., Ltd.
Companies in the isopropyl alcohol market are strengthening their competitive position through capacity expansion, sustainability-focused innovation, and portfolio optimization. Many producers are investing in bio-based and low-emission production technologies to meet regulatory and customer expectations. Strategic geographic expansion and localized manufacturing are helping reduce supply risks and improve responsiveness. Firms are also emphasizing high-purity and specialty-grade offerings to capture value-added segments. Long-term supply agreements with pharmaceutical and industrial customers are being used to stabilize demand, while operational efficiency initiatives and digitalized production systems support cost competitiveness and consistent product quality.
Comprehensive Market Analysis and Forecast
- Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape
- Competitive landscape with Porter’s Five Forces and PESTEL analysis
- Market size, segmentation, and regional forecasts
- In-depth company profiles, business strategies, financial insights, and SWOT analysis
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Table of Contents
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Industry Insights
Chapter 4 Competitive Landscape, 2025
Chapter 5 Market Estimates and Forecast, by Grade, 2022-2035 (USD Billion) (Kilo Tons)
Chapter 6 Market Estimates and Forecast, by Application, 2022-2035 (USD Billion) (Kilo Tons)
Chapter 7 Market Estimates and Forecast, by End Use Industry, 2022-2035 (USD Billion) (Kilo Tons)
Chapter 8 Market Estimates and Forecast, by Region, 2022-2035 (USD Billion) (Kilo Tons)
Chapter 9 Company Profiles
Companies Mentioned
The companies profiled in this Isopropyl Alcohol market report include:- Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL)
- Dow
- ExxonMobil
- INEOS
- ISU Chemical
- Jiangsu Denoir Specialty Chemicals
- Kukdo Chemical
- LCY
- LG Chem
- LyondellBasell
- Mitsubishi Chemical Group
- Mitsui Chemicals
- PetroChina
- SABIC
- Sasol
- Shandong Dadi Supu Chemical Co., Ltd.
- Shell Chemicals
- SK Geo Centric
- Solvay
- Tokuyama Corporation
- Others
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 190 |
| Published | December 2025 |
| Forecast Period | 2025 - 2035 |
| Estimated Market Value ( USD | $ 7.3 Billion |
| Forecasted Market Value ( USD | $ 13.7 Billion |
| Compound Annual Growth Rate | 6.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 22 |
