IPA Market
Regions Covered
USA
SEA
Europe
LATAM
Regions Covered
USA
SEA
Europe
LATAM
The global IPA demand is estimated at 2.60 MMT in 2018, which is expected to grow at a CAGR of 2.6 percent until 2022
North America, followed by China, has the largest installed capacity. China is the fastest growing region, with demand from downstream construction and automobile industries
Demand from North America and Europe is expected to grow from the healthcare and medical applications, alongside de-icing segment, in the coming future
Increasing demand for IPA in the pharmaceutical and cosmetics segments, especially in developing regions, like China, India, LATAM, etc., is expected to drive the demand. This increase is due to the rising investment in medical advancements, supported by infrastructural growth, and the increasing auto sales is expected to drive the demand for IPA in the coming years
In the US and Europe, propylene (or/and) acetone contract prices are used as a base to arrive at IPA prices. Around 70–75 percent of the total price change in propylene is usually passed on to IPA prices.
Beroe gathers intelligence through primary sources that include industry experts, researchers and consultants, as well as current suppliers, producers and distributors. Secondary sources can include subscriptions, business journals, newsletters, magazines, market research data, company sources and industry associations. Following data collation, analysis and strategic review, the final report is published.
Want a more detailed personalised report?
Beroe is a global SaaS-based procurement intelligence and analytics provider. We deliver intelligence, data, and insights that enable companies to make smarter sourcing decisions – leading to lower cost, reduced risk, and greater profits. Beroe has been a trusted source of intelligence for more than 15 years and presently partners with 10,000 companies worldwide, including 400 of the Fortune 500 companies.
Copyright © 2022 Beroe Inc / Beroe Consulting India Pvt Ltd. | All rights reserved.
