PUBLISHER: ChemAnalyst | PRODUCT CODE: 1369685
PUBLISHER: ChemAnalyst | PRODUCT CODE: 1369685
Japan Iso Propyl Alcohol demand stood at 153.25 Thousand Tonnes in FY2021 and is forecast to reach 222.89 Thousand Tonnes by FY2030, growing at a healthy CAGR of 4.25% until FY2030 owing to the country's rigorous capacity additions in the downstream pharmaceuticals and cosmetic products. Growing demand for coatings and paints from the automotive industries and construction industries will further support the market growth prospects in the forecast period. Eyeing on the growing product scope a significant demand-supply gap, several chemical players in Japan have introduced the product in their portfolios in recent years. With the recent outbreak of COVID-19, the demand for hand sanitizers witnessed a strong demand which uses Iso Propyl Alcohol as the main ingredient for formulation. Leading authorities promoted the manufacturing of hand sanitizers which ultimately led to the surge in market growth. However, the temporary closure of many end-user industries to contain the spread of novel coronavirus negatively impacted the market growth.
Under this subscription, you would be able to access Japan Iso Propyl Alcohol market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to Iso Propyl Alcohol.
Years Considered for Analysis:
Historical Years: FY2015 - FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023- FY2030
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Deliverables:
To extract data for the Japan Iso Propyl Alcohol market, the ChemAnalyst team conducts primary research surveys with Iso Propyl Alcohol manufacturers, suppliers, distributors, wholesalers, and customers followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.