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Isopropyl alcohol is an odorous (pungent alcoholic odor), colourless liquid with a strong aroma. It is also known as rubbing alcohol or 2-propanol. It has a molecular weight of 60.1 g/mol and the chemical formula C3H8O.
Isopropyl alcohol dissolves water, ethanol, ether, and chloroform. It has a boiling temperature of 82.6°C (180.7°F) and a melting point of -89°C (-128°F). It has a low viscosity and a density of 0.786 g/mL at 20°C (68°F).
As the hydroxyl group (-OH) is attached to a secondary carbon atom, it is categorised as secondary alcohol.
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It's a common solvent for coatings, lacquers, and printing inks. It is also utilised as a disinfectant and antiseptic in the healthcare business, as well as a cleaning agent for electronic devices.
United States, Germany, Netherlands, South Korea, and China are the leading isopropyl alcohol-producing countries across the globe.
Key Details About the Isopropyl Alcohol Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Isopropyl Alcohol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The isopropyl alcohol price chart, including India’s Isopropyl Alcohol price, USA’s Isopropyl Alcohol price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Isopropyl Alcohol Price Trend:
Isopropyl alcohol is a strong cleaning chemical that is frequently used to clean electronics, optics, and other delicate equipment. It is also used for cleaning and sterilising medical equipment.
It is a versatile solvent capable of dissolving a wide range of substances including oils, resins, and gums. It is frequently utilised in the manufacture of pharmaceuticals, cosmetics, and personal care products. It is also widely used as a solvent for inks and paints in the printing industry.
It is used as a fuel additive in petrol engines to reduce the quantity of carbon monoxide and other dangerous emissions. It is also utilised as an antifreeze component in windscreen wiper fluid and other car fluids.
Key Players:
- The Dow Chemical Company
- Exxon Mobil
- Shell Chemicals Europe B.V.
- INEOS Enterprises Group Limited
- Super Chemical Technology Co. Ltd
Recent News and Development:
- September 2022: BASF has just released a new batch of catalysts. The Ni 3954 E oxy alcohol catalyst from a firm has high selectivity and activity. This catalyst has been investigated and demonstrated to be effective for hydrogenating acetone to create isopropyl alcohol.
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Isopropyl alcohol is used as a solvent in various industries like cosmetics, drugs, shellacs, and gums. It is also employed as a denaturing ethanol agent.