GCC Isopropyl Alcohol Market to Grow at 5.2% CAGR by 2030 | MarkNtel Advisors

The GCC Isopropyl Alcohol Market is estimated to grow at a CAGR of around 5.2% during the forecast period 2024-2030.

Overview of the GCC Isopropyl Alcohol Market: Key Statistics and Trends:

According to the latest report by  MarkNtel Advisors , titled “ GCC Isopropyl Alcohol Market  By Type (70% IPA, 90% Above IPA) , By Application (Process Solvent, Cleaning Agent, Coating Solvent, Others), By End Users (Cosmetics and Personal Care, Healthcare, Food Beverages, Paints Coatings, Chemicals) and Others  The   GCC Isopropyl Alcohol Market  is estimated to grow at a  CAGR  of around  5.2%  during the forecast period  2024-2030.  The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

GCC Isopropyl Alcohol Market Growth and Scope:

Base Year: 2023

Forecast Period: 2024-30

Historical Data: 2019-22

CAGR (2024-2030): 5.2%

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GCC Isopropyl Alcohol Market Opportunity:

Rising Government Initiatives to Strengthen Chemical Manufacturing in GCC  – Owing to diversification initiatives and reduction of dependence on the export of oil products being a priority agenda, governments in GCC countries have been increasingly shifting their focus on the growth of the chemicals manufacturing sector. Consequently, growth in the GCC's chemical manufacturing sector is rising due to heightened government interest in the creation of high-value-added industries. The government has been giving subsidies, and incentives to the chemical sector, all of which have resulted in boosting the country's chemical sector. This in turn, has been leading to the establishment of various chemical giants in countries like UAE, Saudi Arabia, etc., thereby leading to an upsurge in chemical manufacturing.

A Comprehensive Analysis of Leading Companies of GCC Isopropyl Alcohol Market by MarkNtel Advisors:

  • ExxonMobil Corporation
  • Shell UAE
  • Dow Chemical IMEA GmbH
  • Dubichem Marine International
  • Fujairah Chemical
  • Ibn Al Haj Chemicals LLC
  • Green Cross Incorporated
  • Sharjah Chemical
  • MENA Hatch
  • Trice Chemicals
  • Others

Key GCC Isopropyl Alcohol Market Segmentation:

-By Type

  • 70% IPA
  • Above 90% IPA

Out of them both, the above 90% IPA segment holds a considerable market share in the Isopropyl Alcohol market globally driven by rising demand for high-purity IPA in various industrial settings.

-By Application

  • Process Solvent
  • Cleaning Agent
  • Solvent Coating
  • Others (Chemical Intermediate, Disinfectants, etc.)

Based on application, the process solvent segment holds a substantial share of the market owing to its increasing consumption as a versatile solvent in industrial processes.

Explore Our Comprehensive Study:   https://www.marknteladvisors.com/research-library/gcc-isopropyl-alcohol-market.html

-By End Users

  • Cosmetics and Personal Care- Market Size Forecast 2019-2030, Thousand Shades
  • Healthcare- Market Size Forecast 2019-2030, Thousand Tons
  • Food Beverages- Market Size Forecast 2019-2030, Thousand Tons
  • Paints Coatings- Market Size Forecast 2019-2030, Thousand Tons
  • Chemicals- Market Size Forecast 2019-2030, Thousand Tons
  • Others (Automotive, Household, etc.) - Market Size Forecast 2019-2030, Thousand Tons

Geographical Analysis

-By Country

  • The UAE
  • Saudi Arabia
  • Bahrain
  • Oman
  • Qatar
  • Kuwait

Saudi Arabia is predicted to dominate the market with the largest share during the forecast period. Saudi Arabia accounts for a considerable share of the GCC Isopropyl Alcohol Market, driven by the strong chemical manufacturing industry in the country.

Key Reports Highlights:

  • Market Dimensions Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Primary Stakeholders,
  • Analysis of Import and Export Trends,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

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Key Advantages of the Report by MarkNtel Advisors:

  • Accurate Revenue Projections:  The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
  • Strategic Insights for Stakeholders:  By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
  • Comprehensive Market Dynamics Analysis:  The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

Note:  If you need additional information not included in the report, we can customize it to suit your requirements.

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About Us –

MarkNtel Advisors  is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports across diverse industry verticals. We being a qualitative quantitative research company, strive to deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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