China Isopropyl Alcohol (IPA) Market Size, Industry Analysis Report, 2030 chemanalyst.com
China Iso Propyl Alcohol market demand stood at 598.81 Thousand Tonnes in 2020 and is forecast to reach 984.83 Thousand Tonnes by 2030, growing at a healthy CAGR of 5.36% until 2030. owing to surging demand as a solvent in the pharmaceuticals, disinfectants, and cosmetics industry. IPA is also used as a solvent in foods, adhesives, inks, and coatings, as a cleaning agent for electronic devices, and as a petrochemical intermediate feedstock. The country’s rigorous investments towards the expansion of its pharmaceuticals and chemicals industry would act as a springboard for the IPA market in the forecast period.
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