In India, pharmaceutical industry, the largest driver for iso-propanol, shows promising growth and expected to be the primary factor in the rise of iso-propanol growth. Chemical industry, and coating and ink industry are other major end consumers of iso-propanol in the country, which are also expected to grow in the coming years.

Western and northern regions of the country are the primary consumers of IPA, accounting for more than half of the domestic demand. Southern and eastern regions are also expected to drive the demand for iso-propanol in the coming years due to a rise in the pharmaceutical industry in these regions.

Demand for iso-propanol has recorded impressive growth rates. The only domestic producer of IPA is, Deepak Fertilisers and Petrochemicals Corporation Limited, which has an installed capacity of 70,000 metric tons per annum and commenced production from 2006.

Globally, the demand growth of Isopropanol is majorly driven by its use in cosmetics, household products and pharmaceutical industries. North America leads production as well as consumption of Isopropanol while Asia-Pacific is the largest consumer. India and China are among the top growing markets of Isopropanol for the pharmaceutical applications while USA and Europe lead demand for in the solvent industry.

Highlights of the Report

Purchase of IPC's Report includes:

•  Soft Copy of the report in pdf format
•  1 Year access to IPC's price database for polyethylene
•  1 Year access to indianpetrochem.com news and analysis (Login Id/Password)
•  One free report update (Reports are updated half-yearly or yearly)
•  Access to IPC analysts and experts for queries/explanations regarding the report
•  Hard Copy of the report available at extra cost

Purchase of the report entitles you to avail discounts on the following products:

•  Database of chemicals and petrochemicals daily prices
•  Monthly Market Advisory Services
•  Industry database
•  Chemical and Petrochemical project database