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Pricing History
Methodology
Specifications
Glossary

Isopropyl Alcohol Price Trend and Forecast

UNSPC: 51471900

isopropyl alcohol Price Trends by Country

cnChina
inIndia
thThailand
idIndonesia
usUnited States
mxMexico
caCanada
brBrazil
nlNetherlands
gbUnited Kingdom

isopropyl alcohol Pricing Trends in India: 

  • Northern India isopropyl alcohol market price trend
  • Southern India isopropyl alcohol market price trend
  • Central India isopropyl alcohol market price trend

Global isopropyl alcohol Price Trend, Analysis and Forecast​

According to PriceWatch, Isopropyl alcohol price trend declined to 842 USD per MT in China, 1017 USD per MT in the USA, and 1135 USD per MT in the Netherlands. The IPA price Trend turned bearish due to softer demand from coatings and electronics sectors. The IPA Market in India and Thailand slowed slightly, attributed to monsoon-season production disruptions.

Brazil and Mexico reported lower intake due to decreased automotive sector activity. The IPA prices in Canada and UK dipped as inventories remained sufficient. The IPA price index reflected downward momentum, particularly in Europe due to weakened industrial sentiment. Indonesia maintained steady demand but pressed for lower prices. Track real time ethylene vinyl alcohol copolymer price trend analysis.

The IPA price Chart displayed sharper declines in the Netherlands due to a significant 9.63 percent drop. Feedstock propylene costs in China and the USA held relatively firm, while European costs eased due to surplus. Overall, Q2 marked a softer demand landscape and pricing correction across global markets.

Isopropyl Alcohol Price Trend Analysis: Q2 2025

According to PriceWatch, IPA prices declined to 842 USD per MT in China, 1017 USD per MT in the USA, and 1135 USD per MT in the Netherlands. The IPA price Trend turned bearish due to softer demand from coatings and electronics sectors. The IPA Market in India and Thailand slowed slightly, attributed to monsoon-season production disruptions.

Brazil and Mexico reported lower intake due to decreased automotive sector activity. The IPA prices in Canada and UK dipped as inventories remained sufficient. The IPA price index reflected downward momentum, particularly in Europe due to weakened industrial sentiment. Indonesia maintained steady demand but pressed for lower prices.

The IPA price Chart displayed sharper declines in the Netherlands due to a significant 9.63 percent drop. Feedstock propylene costs in China and the USA held relatively firm, while European costs eased due to surplus. Overall, Q2 marked a softer demand landscape and pricing correction across global markets.

Isopropyl Alcohol Price Trend Analysis: Q1 2025

In Q1 2025, the Asian isopropyl alcohol (IPA) market, specifically on an FOB China basis, recorded a notable increase of 1.2% compared to Q4 2024. This growth was supported by improved downstream demand, particularly from the pharmaceutical and cosmetic sectors, along with tighter supply conditions due to reduced plant operating rates in China.

Additionally, steady export volumes and firm inquiries from Southeast Asian countries had contributed to price stability and a positive quarterly trend. In contrast, the North American IPA market experienced a sharp downturn, with FOB USA prices falling by -13.9% in Q1 2025. This decline was largely attributed to surplus inventory levels, weak domestic consumption, and aggressive competition from overseas suppliers, particularly from Asia.

Meanwhile, the European IPA market, represented by FOB Netherlands, saw a decrease of -11.8% quarter-on-quarter, driven by persistent economic sluggishness in the region, high energy costs, and lower industrial activity, especially in United Kingdom and neighboring countries. Despite regional disparities, global IPA markets were influenced by shifting trade dynamics and ongoing supply-demand imbalances.

Isopropyl Alcohol Price Trend Analysis: Q4 2024

In Q4 2024, the isopropyl alcohol (IPA) market in Asia experienced a significant decline of -14.3% compared to Q3 2024, driven by persistent oversupply, weakened spot demand, and downward pressure on feedstock costs. Despite stable consumption from core sectors like pharmaceuticals and solvents, improved domestic production and reduced export activity led to an accumulation of inventories, pushing prices down sharply across the region.

In contrast, the North American IPA market saw a strong rebound, with prices surging by 19.2% during the quarter. This sharp increase was supported by tightened supply due to unplanned plant outages and stronger seasonal demand, particularly from healthcare and disinfectant industries.

Meanwhile, the European market registered a moderate decrease of -3.2% quarter-on-quarter. The decline was attributed to mild industrial activity and sufficient supply levels, though the fall was less severe due to relatively steady demand and better market balance compared to Asia. Overall, Q4 2024 reflected divergent market dynamics globally, with Asia facing a pronounced downturn while the U.S. market tightened significantly.

Isopropyl Alcohol Price Trend Analysis: Q3 2024

In Q3 2024, the Isopropyl alcohol (IPA) market in Asia witnessed a sharp decline of -9.3% compared to Q2 2024, driven by persistent oversupply, subdued downstream demand from the pharmaceutical and industrial sectors, and competitive pricing pressure from regional suppliers. Despite expectations of demand recovery, high inventory levels and limited procurement activity led to a significant drop in prices across major Asian markets.

Similarly, the North American IPA market recorded a decline of -6.2%, largely influenced by weak consumption patterns, particularly in the cleaning and personal care sectors, and increased availability of lower-priced imports. In contrast, the European IPA market showed signs of recovery, with prices rising by 6.3% over the quarter.

This increase was supported by a moderate rebound in demand from the coating and cosmetic sectors, alongside tightening regional supply due to plant turnarounds and reduced import volumes. Overall, global IPA pricing trends in Q3 2024 were marked by regional divergence, with Asia and the U.S. facing downward pressure while Europe saw a modest recovery.

Isopropyl Alcohol Price Trend Analysis: Q2 2024

In Q2 2024, the Asia isopropyl alcohol (IPA) market recorded a decline of -1.7% compared to Q1 2024, driven by lower import costs, high inventory levels, and weakened demand from downstream sectors such as pharmaceuticals and solvents. Market activity remained sluggish throughout the quarter, with oversupply dampening any potential price recovery. Similarly, the North American IPA market saw a -2.0%, as domestic demand remained soft and production levels steady, contributing to market oversaturation.

The European market experienced the steepest decline, with prices falling by -16.5%, primarily due to weak industrial demand, increased competition from imports, and ongoing economic challenges across key countries like Germany and France. Overall, global IPA markets faced sustained downward pressure throughout the quarter amid muted consumption and sufficient supply.

Isopropyl Alcohol Price Trend Analysis: Q1 2024

In Q1 2024, the Asian isopropyl alcohol (IPA) market, particularly across China, Thailand, and Indonesia, witnessed a significant increase of 3.1% compared to Q4 2023. This growth was driven by strong post-holiday recovery in industrial activity, improved demand from pharmaceutical and personal care sectors, and tightened supply conditions due to scheduled plant maintenance and reduced output in key Chinese facilities.

Robust export demand, especially from Southeast Asian countries, also supported upward pricing momentum throughout the quarter. In the United States, the IPA market showed a steady improvement, with FOB USA prices increasing by 5.6% quarter-on-quarter. The rise was attributed to seasonal upticks in demand and a more balanced inventory level compared to previous quarters, which allowed suppliers to push for higher prices.

The European market experienced the most substantial change, with FOB Netherlands prices surging by 24% in Q1 2024. This drastic increase was primarily fueled by constrained local supply due to production outages, along with rising raw material and energy costs across the EU. Additionally, increased spot buying activity and a rebound in industrial consumption, particularly in Germany and France, further contributed to the sharp price escalation. Overall, global IPA markets reflected a strong rebound in Q1 2024, driven by both regional recovery and tightening supply fundamentals.

India isopropyl alcohol Price Trend, Analysis and Forecast

Isopropyl Alcohol Price Trend Analysis: Q1 2025

In Q1 2025, India’s Isopropyl alcohol (IPA) market saw a decline of -4.3% in Ex-India prices compared to Q4 2024, driven by weaker demand, oversupply, and cautious buying behavior. This downturn was exacerbated by a reduction in downstream activity from key sectors like pharmaceuticals and personal care, which impacted overall consumption. Export activity remained subdued, particularly from China, with limited fresh inquiries from regional markets.

However, despite the overall market weakness, CIF India prices saw a slight increase of 2.1% during the same period. This uptick was largely attributed to a recovery in import activity as Indian buyers ramped up procurement in response to tightening local supply and higher production costs. While global price pressure remained, India’s import demand supported this modest price rise, though the overall sentiment remained cautious.

Isopropyl Alcohol Price Trend Analysis: Q2 2025

In Q2 2025, according to PriceWatch, IPA prices in India dropped to 77,223 INR per MT on a CIF basis, marking a 3.87 % decline from Q1. Domestic Ex-Dahej prices also fell to 88,750 INR per MT, showing a 5.94 %quarter-on-quarter dip. The decrease was largely attributed to softer demand due to seasonal monsoon impacts, which slowed activity in key downstream industries such as paints and coatings. Importers from China saw improved availability and slightly lower FOB prices, making imports more cost-effective.

However, consumption in India tapered off, leading to higher inventory levels in Dahej. Feedstock propylene costs remained stable, but weaker demand caused domestic producers to adjust pricing. The IPA market turned bearish amid reduced industrial procurement and logistical delays in port regions during monsoon. Overall, Q2 was characterized by seasonal demand weakening, favorable import pricing, and a general correction in both international and domestic IPA markets in India.

Isopropyl Alcohol Price Trend Analysis: Q1 2024

In Q1 2025, India’s Isopropyl alcohol (IPA) market saw a significant increase of 15.2% in Ex-India prices compared to Q1 2024, driven by stronger demand, supply constraints, and higher production costs. The market benefited from improved consumption in key sectors such as pharmaceuticals and personal care, which led to increased transaction volumes and higher export activity. This upward momentum was further supported by supply disruptions from key manufacturing regions, tightening global availability.

Meanwhile, CIF India prices saw a modest increase of 2.4% compared to Q4 2023, driven by higher import demand and limited local supply. This increase was bolstered by stronger procurement from Indian buyers, who took advantage of favorable market conditions. Despite these gains, the overall market sentiment remained cautious, as concerns about potential global price fluctuations lingered.

Isopropyl Alcohol Price Trend Analysis: Q2 2024

In Q2 2024, India’s Isopropyl alcohol (IPA) market saw a decline of -7.3% in Ex-India prices compared to Q1 2024, primarily driven by reduced import costs, high inventory levels, and decreased demand from downstream industries such as pharmaceuticals and personal care. The market experienced ongoing challenges due to subdued consumption and an oversupply, resulting in a decline in prices.

Conversely, CIF India prices increased by 4.8% during the same period, supported by a rise in import demand as Indian buyers sought to replenish inventories. This uptick in CIF prices was further driven by higher production costs and a tighter supply from key exporting regions. Despite the increase in CIF India prices, the overall market sentiment remained cautious, with mixed signals from both domestic and international markets.

Isopropyl Alcohol Price Trend Analysis: Q3 2024

In Q3 2024, India’s Isopropyl alcohol (IPA) market experienced a decline of -4.9% in Ex-India prices compared to Q2 2024, primarily driven by weakened demand and overproduction. The slowdown in downstream sectors, including pharmaceuticals and personal care, contributed to lower consumption, while supply continued to outpace demand. Export activity from China also remained subdued, with limited inquiries from key regional markets. Meanwhile, CIF India prices fell by -7.8% during the same period, reflecting weaker import demand and increased competition from other suppliers.

The decline was further exacerbated by the persistent softness in domestic consumption and a shift in buying behavior, with Indian buyers adopting a cautious approach amid global price volatility. Despite some intermittent supply adjustments, overall market sentiment remained bearish, and the quarter closed with a notable decline in prices.

Isopropyl Alcohol Price Trend Analysis: Q4 2024

In Q4 2024, India’s Isopropyl alcohol (IPA) market saw a significant downturn, with Ex-India prices declining by -11.3% compared to Q4 2024, driven by weak regional demand, high inventory levels and reduced purchasing activity from downstream sectors such as pharmaceuticals and personal care. Market activity remained limited throughout the quarter, as buyers focused on destocking and delayed fresh procurement amid falling global chemical prices.

CIF India prices also dropped sharply by -12.4% quarter-on-quarter, reflecting muted import appetite and sufficient domestic supply. Despite stable production levels, the lack of substantial recovery signals and continued caution among buyers kept overall sentiment bearish.

Global isopropyl alcohol Supply Chain

Upstream
Downstream
  • Pharmaceuticals
  • Personal Care Products
  • Industrial Solvents
  • Paints and Coatings
  • Composites
  • Electronics Cleaning Agents
Major supplying countries
  • United States
  •  China
  •  Netherlands
Major importing countries
  • India
  • Thailand
  • Indonesia
  •  Mexico
  •  Brazil
  •  Canada

India isopropyl alcohol Supply Chain

Upstream
  • Propylene
Downstream
  • Pharmaceuticals
  • Personal Care Products
  • Industrial Solvents
  • Paints and Coatings
  • Composites
  • Electronics Cleaning Agents
Major supplying countries
  • United States
  •  China
  •  Netherlands
Major importing countries
  • India
  • Thailand
  • Indonesia
  •  Mexico
  •  Brazil
  •  Canada

Technical Specifications of Isopropyl Alcohol Price Trends

Molecular Weight[g/mol]

60.1 g/mol

CAS No

67-63-0

HS Code

29051220

Molecular Formula

C3H8O
isopropyl alcohol

Isopropyl Alcohol (IPA), also known as 2-propanol, is a transparent, colorless, and highly volatile liquid with a distinct smell. It is a versatile solvent and disinfectant used across various industries for its effective cleaning, degreasing, and antimicrobial properties.

Packaging Type

ISOTANKS

Isopropyl Alcohol Grades Covered

Industrial 

Incoterms Used

FOB China, FOB USA, FOB Netherlands, FD United Kingdom, CIF India (China), CIF Indonesia (China), CIF Thailand (China), CIF Mexico (USA), CIF Brazil (USA), CIF Canada (USA), Ex-Dahej.

Synonym

Isopropanol, 2-Propanol

PriceWatch Quotation Terms:

15-20 MT(India), 25-28MT(Global)

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property  Specification 
Appearance  Colourless Liquid 
Freezing Point  -88.5°C (-123.7°F) 
Boiling Point @ 760mm Hg  82.2°C (180.0°F) 
Flash Point – Closed Cup  12°C (53°F) 
Autoignition Temperature  425°C 
Density @ 20°C  0.787 kg/L 6.57 lb/gal 
Vapor Pressure @ 20°C  4.1 kPa 
Solubility in Water @ 20°C  Miscible 
Surface Tension @ 20°C  23 mN/m 
Refractive Index @ 20°C  1.376 
Viscosity @ 20°C  2.4 cP 
Lower Explosive Limit  2 v/v% 
Upper Explosive Limit  12 v/v% 
Heat of Vaporization @ normal boiling point  664 kJ/kg 
  31000 
Odor Threshold  22 ppm 
Evaporation Rate (nBuAc = 1)  1.5 
Conductivity @ 20°C  6 μS/m 
Dielectric Constant @ 20°C  18.6 
Specific Heat @ 20°C  2.6 kJ/kg/°C 

Isopropyl Alcohol Industrial Applications

Isopropyl alcohol (IPA) is a fast-drying, versatile solvent with widespread industrial applications due to its strong cleaning and antimicrobial properties. In pharmaceuticals, IPA is a key ingredient in hand sanitizers, disinfectants, and medical equipment sterilization. In the electronics sector, it is used to clean and degrease components without leaving residue.

The manufacturing industry utilizes IPA as a solvent in coatings, adhesives, and inks, while the automotive sector employs it in deicing fluids, fuel additives, and part cleaning. IPA is also used in personal care products like perfumes and is commonly employed as an industrial degreaser for machinery. Its quick evaporation rate compared to water and its ability to displace aggressive solvents like acetone or toluene further enhance its utility across sectors.

Historically, several events have caused significant fluctuations in Isopropyl Alcohol prices

Russia-Ukraine Conflict (2022-Present): In essence, while the direct effects on IPA may be limited, the indirect consequences of the conflict on the global economy and supply chains can significantly impact its cost, availability, and pricing.
Texas Winter Storm (2021): The effects included potential shortages, increased prices, and delays, reflecting the broader challenges faced by industries dependent on stable infrastructure and supply chains.
COVID-19 Pandemic (2020): COVID-19 led to a dramatic increase in demand for isopropyl alcohol, which in turn created challenges related to production, supply chain logistics, and pricing. The pandemic highlighted the critical role of IPA in public health and drove significant changes in both the market and production practices.
Geopolitical Tensions (2018-2019):  It contributed to potential shortages, Lower prices, and decreased market volatility for isopropyl alcohol during this period.
Global Financial Crisis (2008-2009): The crisis led to a challenging period for the isopropyl alcohol market, characterised by reduced demand, lower prices, and financial instability within the industry.
Hurricane Katrina (2005): Hurricane Katrina’s impact on the IPA market was marked by significant disruptions to production and supply chains, leading to increased prices and market instability during the recovery period.
Oil Price Shocks (1970s-1980s): Oil price shocks can lead to increased production costs, price volatility, and adjustments in market dynamics for isopropyl alcohol, affecting both producers and consumers.

These events underscore the Isopropyl Alcohol market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.

Why PriceWatch?

PriceWatch is your trusted resource for tracking global isopropyl alcohol price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the isopropyl alcohol market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence isopropyl alcohol prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely isopropyl alcohol market data.

Track PriceWatch's isopropyl alcohol price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.
On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major isopropyl Alcohol production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.
Supply Chain Monitoring: We track the entire Isopropyl Alcohol supply chain, from raw material availability (e.g., propylene, acetone) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis​

Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact IPA prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.
Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Isopropyl Alcohol production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.
Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging), to predict shifts in IPA demand and corresponding price movements

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global isopropyl Alcohol production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.
Future Capacity Projections: Our research includes detailed forecasts of upcoming Isopropyl Alcohol production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.
Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Isopropyl Alcohol pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast IPA prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.
Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.
Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Isopropyl Alcohol pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Molecular Weight[g/mol]

60.1 g/mol

CAS No

67-63-0

HS Code

29051220

Molecular Formula

C3H8O
isopropyl alcohol

Isopropyl Alcohol (IPA), also known as 2-propanol, is a transparent, colorless, and highly volatile liquid with a distinct smell. It is a versatile solvent and disinfectant used across various industries for its effective cleaning, degreasing, and antimicrobial properties.

Packaging Type

ISOTANKS

Grades Covered

Industrial 

Incoterms Used

FOB China, FOB USA, FOB Netherlands, FD United Kingdom, CIF India (China), CIF Indonesia (China), CIF Thailand (China), CIF Mexico (USA), CIF Brazil (USA), CIF Canada (USA), Ex-Dahej.

Synonym

Isopropanol, 2-Propanol

PriceWatch Quotation Terms:

15-20 MT(India), 25-28MT(Global)

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property  Specification 
Appearance  Colourless Liquid 
Freezing Point  -88.5°C (-123.7°F) 
Boiling Point @ 760mm Hg  82.2°C (180.0°F) 
Flash Point – Closed Cup  12°C (53°F) 
Autoignition Temperature  425°C 
Density @ 20°C  0.787 kg/L 6.57 lb/gal 
Vapor Pressure @ 20°C  4.1 kPa 
Solubility in Water @ 20°C  Miscible 
Surface Tension @ 20°C  23 mN/m 
Refractive Index @ 20°C  1.376 
Viscosity @ 20°C  2.4 cP 
Lower Explosive Limit  2 v/v% 
Upper Explosive Limit  12 v/v% 
Heat of Vaporization @ normal boiling point  664 kJ/kg 
  31000 
Odor Threshold  22 ppm 
Evaporation Rate (nBuAc = 1)  1.5 
Conductivity @ 20°C  6 μS/m 
Dielectric Constant @ 20°C  18.6 
Specific Heat @ 20°C  2.6 kJ/kg/°C 

Applications

Isopropyl alcohol (IPA) is a fast-drying, versatile solvent with widespread industrial applications due to its strong cleaning and antimicrobial properties. In pharmaceuticals, IPA is a key ingredient in hand sanitizers, disinfectants, and medical equipment sterilization. In the electronics sector, it is used to clean and degrease components without leaving residue.

The manufacturing industry utilizes IPA as a solvent in coatings, adhesives, and inks, while the automotive sector employs it in deicing fluids, fuel additives, and part cleaning. IPA is also used in personal care products like perfumes and is commonly employed as an industrial degreaser for machinery. Its quick evaporation rate compared to water and its ability to displace aggressive solvents like acetone or toluene further enhance its utility across sectors.

Isopropyl Alcohol Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for isopropyl alcohol. PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

The pricing of Isopropyl Alcohol (IPA) is influenced by several factors, including the cost of raw materials like propylene, which is derived from petroleum. Fluctuations in crude oil prices, supply and demand dynamics from key industries such as pharmaceuticals, personal care, and cleaning products, and production capacity constraints can all impact pricing. Additionally, feedstock availability, energy and operating costs, and logistics expenses, including freight rates and shipping constraints, contribute to price changes.

Environmental regulations and geopolitical factors can disrupt supply chains, further affecting prices, while broader economic conditions and market speculation also play significant roles in determining IPA prices. These factors interact in creating a complex and dynamic pricing environment.

Regional demand plays a significant role in the pricing of Isopropyl Alcohol (IPA), as varying levels of consumption and industrial activity in different regions can lead to price fluctuations. In regions with high demand, such as North America, Europe, and parts of Asia, prices may rise due to increased consumption in sectors like pharmaceuticals, personal care, cleaning, and industrial applications.

For instance, during health crises like the COVID-19 pandemic, the surge in demand for sanitizers and disinfectants led to sharp price increases in regions with higher consumption rates. Conversely, in regions with lower demand or economic slowdowns, there may be an oversupply of IPA, which can push prices down. Additionally, supply chain dynamics, such as transportation costs, tariffs, and local production capabilities, also influence pricing in different regions.

In areas where IPA is primarily imported, higher logistics or shipping costs can increase prices, while in regions with strong domestic production, prices might be more stable or lower due to reduced import dependence. Overall, regional demand, coupled with local production and logistical factors, can create significant pricing disparities across different markets.

Procurement teams can manage Isopropyl Alcohol (IPA) price fluctuations by adopting a strategic and proactive approach. One effective strategy is diversifying suppliers, which helps mitigate risks associated with dependency on a single source and enables teams to take advantage of competitive pricing. Additionally, establishing long-term contracts or fixed-price agreements with suppliers can provide price stability, especially during periods of market volatility.

Teams can also monitor market trends and economic indicators closely to anticipate price movements, ensuring they are prepared for fluctuations. In cases where IPA is critical for operations, building buffer stock during periods of lower prices can help hedge against price hikes. Collaboration with internal stakeholders is also crucial; procurement teams should work closely with production and inventory teams to align purchase strategies with actual demand, avoiding overstocking or understocking.

Furthermore, leveraging alternative formulations or substitutes when appropriate, such as using lower-grade IPA or exploring different suppliers, can offer cost-saving opportunities. Lastly, staying informed about regional market conditions, trade policies, and logistical challenges is essential for managing risks tied to global supply chain disruptions. By adopting these strategies, procurement teams can better navigate IPA price fluctuations and ensure cost-effective procurement.

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