The latest report titled “Isopropyl alcohol manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Isopropyl alcohol.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Isopropyl alcohol manufacturing process, that might influence Isopropyl alcohol manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Isopropyl alcohol (also known as 2-propanol or isopropanol) is a colorless, flammable, and volatile liquid with a strong odor. Its molecular formula is C3H8O, and has a molecular weight of 60.1 g/mol. Isopropyl alcohol is miscible in water and many organic solvents, making it a versatile solvent.
It has a boiling point of 82.6 °C. The density of isopropyl alcohol is 0.786 g/cm³. There are several uses for isopropyl alcohol, including as a solvent, disinfectant, and cleaning agent. Additionally, it is utilised as a fuel additive, in pharmaceuticals, and in the creation of cosmetics and personal care items.
Market Drivers:
Isopropyl alcohol is used in pharmaceuticals, paints and coatings, personal care, electronics, and chemical industries. In producing personal care products and cosmetics, such as hairsprays, deodorants, and perfumes, isopropyl alcohol is the primary ingredient. The growing demand for these products, particularly in emerging markets, is expected to drive the demand for the compound.
Additionally, it is also used as a cleaning agent in various industries, including healthcare, food and beverage, and manufacturing. and solvent in the electronics industry. Isopropyl alcohol is used as a solvent and disinfectant in the pharmaceutical industry. The growing demand for pharmaceuticals, particularly in emerging markets, is expected to drive the demand.
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