There are several grades of isopropyl alcohol (IPA), including industrial/technical, cosmetic, pharmaceutical (USP), reagent, and electronic. Industrial, grade IPA includes use as an industrial/technical solvent and cleaner and as a raw material for derivatives. Direct solvent applications include surface coatings, inks, pesticide formulations, processing solvent in the production of resins, and household cleaners. In a semiconductor manufacturing operation, isopropyl alcohol is used to clean parts. Semiconductors rely on isopropyl alcohol to clean and remove glue, solder flux, stains, dust, and other corrosive materials.
This report contains market size and forecasts of Electronic Grade IPA in global, including the following market information:
Global Electronic Grade IPA Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electronic Grade IPA Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Electronic Grade IPA companies in 2021 (%)
The global Electronic Grade IPA market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Purity, 99.99% Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electronic Grade IPA include LCY Chemical, ExxonMobil, Tokuyama, LG Chem, Dow Chemical, Mitsui Chemicals, Isu Chemical, KMG Electronic Chemicals and Jiangsu Denoir Technology. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electronic Grade IPA manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electronic Grade IPA Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Electronic Grade IPA Market Segment Percentages, by Type, 2021 (%)
Purity, 99.99%
Purity, <99.99%
Global Electronic Grade IPA Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Electronic Grade IPA Market Segment Percentages, by Application, 2021 (%)
Semiconductor Industry
PCBs
LCD Cleaning
Others
Global Electronic Grade IPA Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Electronic Grade IPA Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electronic Grade IPA revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electronic Grade IPA revenues share in global market, 2021 (%)
Key companies Electronic Grade IPA sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Electronic Grade IPA sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
LCY Chemical
ExxonMobil
Tokuyama
LG Chem
Dow Chemical
Mitsui Chemicals
Isu Chemical
KMG Electronic Chemicals
Jiangsu Denoir Technology