Product Code: ETC8843881 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Isopropyl alcohol (IPA) is a vital component in sanitizers, disinfectants, and industrial cleaning agents. The market in the Philippines saw a surge in demand during the pandemic, and continued consumer awareness of hygiene practices ensures stable growth. Industrial applications in electronics and pharmaceuticals also contribute to market expansion.
The isopropyl alcohol market in the Philippines is witnessing strong growth, driven by its extensive use in disinfectants, hand sanitizers, and cleaning products. The COVID-19 pandemic significantly boosted demand for isopropyl alcohol-based hygiene products, and continued emphasis on sanitation is maintaining market momentum. Additionally, its applications in pharmaceutical formulations, personal care products, and industrial cleaning are further fueling demand.
The isopropyl alcohol (IPA) market is affected by fluctuating demand and price volatility. While IPA saw a surge in demand during the pandemic for sanitizers and disinfectants, post-pandemic market stabilization has led to excess supply and price drops. Additionally, local manufacturers face stiff competition from imported IPA, impacting profit margins.
The demand for isopropyl alcohol remains high due to its extensive use in healthcare, cleaning, and industrial applications. The pandemic has heightened awareness of hygiene, boosting long-term market growth. Investors can explore opportunities in local manufacturing, bulk supply chains, and specialized formulations to meet industry demands.
The isopropyl alcohol (IPA) market in the Philippines is heavily regulated due to its use in healthcare, sanitation, and industrial applications. The FDA ensures that all IPA-based products meet safety and efficacy standards, particularly for medical and disinfectant use. The government also enforces strict price controls during public health emergencies to prevent market exploitation. The local production of IPA is encouraged through incentives for manufacturers, reducing reliance on imports.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Isopropyl Alcohol Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Isopropyl Alcohol Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Isopropyl Alcohol Market - Industry Life Cycle |
3.4 Philippines Isopropyl Alcohol Market - Porter's Five Forces |
3.5 Philippines Isopropyl Alcohol Market Revenues & Volume Share, By Production Method, 2021 & 2031F |
3.6 Philippines Isopropyl Alcohol Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.7 Philippines Isopropyl Alcohol Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.8 Philippines Isopropyl Alcohol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.9 Philippines Isopropyl Alcohol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Isopropyl Alcohol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Isopropyl Alcohol Market Trends |
6 Philippines Isopropyl Alcohol Market, By Types |
6.1 Philippines Isopropyl Alcohol Market, By Production Method |
6.1.1 Overview and Analysis |
6.1.2 Philippines Isopropyl Alcohol Market Revenues & Volume, By Production Method, 2021- 2031F |
6.1.3 Philippines Isopropyl Alcohol Market Revenues & Volume, By Indirect Hydration, 2021- 2031F |
6.1.4 Philippines Isopropyl Alcohol Market Revenues & Volume, By Direct Hydration, 2021- 2031F |
6.2 Philippines Isopropyl Alcohol Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 Philippines Isopropyl Alcohol Market Revenues & Volume, By Acetone, 2021- 2031F |
6.2.3 Philippines Isopropyl Alcohol Market Revenues & Volume, By Propylene, 2021- 2031F |
6.2.4 Philippines Isopropyl Alcohol Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Isopropyl Alcohol Market, By Grade |
6.3.1 Overview and Analysis |
6.3.2 Philippines Isopropyl Alcohol Market Revenues & Volume, By Industrial Grade Isopropyl Alcohol (IPA), 2021- 2031F |
6.3.3 Philippines Isopropyl Alcohol Market Revenues & Volume, By USP Grade Isopropyl Alcohol (IPA), 2021- 2031F |
6.3.4 Philippines Isopropyl Alcohol Market Revenues & Volume, By USP Kosher Isopropyl Alcohol (IPA), 2021- 2031F |
6.3.5 Philippines Isopropyl Alcohol Market Revenues & Volume, By Pharmaceutical Isopropyl Alcohol (IPA), 2021- 2031F |
6.4 Philippines Isopropyl Alcohol Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Philippines Isopropyl Alcohol Market Revenues & Volume, By Isopropanol 99.8%, 2021- 2031F |
6.4.3 Philippines Isopropyl Alcohol Market Revenues & Volume, By Isopropanol 99% USP, 2021- 2031F |
6.4.4 Philippines Isopropyl Alcohol Market Revenues & Volume, By Isopropanol 70%, 2021- 2031F |
6.4.5 Philippines Isopropyl Alcohol Market Revenues & Volume, By Isopropanol 70% USP, 2021- 2031F |
6.4.6 Philippines Isopropyl Alcohol Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Philippines Isopropyl Alcohol Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Philippines Isopropyl Alcohol Market Revenues & Volume, By Chemical Manufacturing, 2021- 2031F |
6.5.3 Philippines Isopropyl Alcohol Market Revenues & Volume, By Household and Industrial Cleaning, 2021- 2031F |
6.5.4 Philippines Isopropyl Alcohol Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.5.5 Philippines Isopropyl Alcohol Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.5.6 Philippines Isopropyl Alcohol Market Revenues & Volume, By Transportation, 2021- 2031F |
6.5.7 Philippines Isopropyl Alcohol Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Isopropyl Alcohol Market Import-Export Trade Statistics |
7.1 Philippines Isopropyl Alcohol Market Export to Major Countries |
7.2 Philippines Isopropyl Alcohol Market Imports from Major Countries |
8 Philippines Isopropyl Alcohol Market Key Performance Indicators |
9 Philippines Isopropyl Alcohol Market - Opportunity Assessment |
9.1 Philippines Isopropyl Alcohol Market Opportunity Assessment, By Production Method, 2021 & 2031F |
9.2 Philippines Isopropyl Alcohol Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.3 Philippines Isopropyl Alcohol Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.4 Philippines Isopropyl Alcohol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.5 Philippines Isopropyl Alcohol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Isopropyl Alcohol Market - Competitive Landscape |
10.1 Philippines Isopropyl Alcohol Market Revenue Share, By Companies, 2024 |
10.2 Philippines Isopropyl Alcohol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |