ISOPROPYL ALCOHOL MARKET ANALYSIS

Market News

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Key Developments

Several players in the isopropyl alcohol market are adopting various strategies such as plant capacity expansion in order to enhance their presence. For instance,

• In September 2017, Deepak Fertilizers and Petrochemicals Corporation Ltd (DFPCL), planned to invest US$ 63,304 million to expand the production capacity of isopropyl alcohol by 1 lakh tonnes per annum and diisopropyl ether (DIPE) by 70,000 tonnes per annum, in Mumbai. According to the company, approximately 80% of isopropyl alcohol is from pharmaceutical sector and the other remaining sector includes inks, and coatings derivatives.