Isopropyl Alcohol Market growing at a CAGR of 14.1% from 2026 to 2033

The global isopropyl alcohol market size was estimated at USD 2.78 billion in 2025 and is projected to reach USD 7.65 billion by 2033, growing at a CAGR of 14.1% from 2026 to 2033. The surging demand for cleaning and sanitization products significantly propelled isopropyl alcohol use.

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Its widespread use in disinfectants and sanitizers became critical during the COVID-19 pandemic, driving a surge in demand. Moreover, the expansion of the pharmaceutical and healthcare sectors further drives its usage. Isopropyl alcohol is essential for sterilization and the production of medical devices and pharmaceuticals. These combined factors underscore the robust growth and increasing importance of isopropyl alcohol, highlighting its vital role in maintaining hygiene and healthcare standards.

Growth in personal care and cosmetics, and advancements in chemical production, are driving the use of isopropyl alcohol. The escalating demand for products such as hand sanitizers, cosmetics, and personal hygiene items has boosted their use. Innovations in chemical manufacturing processes have also enhanced production efficiency and broadened the applications of isopropyl alcohol. These advancements highlight the essential role of isopropyl alcohol across everyday consumer products and industrial applications, propelling its growth and expanding its market.

Application Insights

The antiseptic and astringent segment led the market with the largest revenue share of 40.8% in 2025, propelled by its widespread use in medical and personal care applications. Isopropyl alcohol is a key ingredient in products such as hand sanitizers, disinfectants, and wound cleaning solutions. Its efficacy in killing bacteria and viruses makes it indispensable in healthcare settings. In addition, its astringent properties make it valuable in skincare and cosmetic products. The strong demand in both medical and consumer markets has driven this segment’s growth and dominance within the isopropyl alcohol industry.

The cleaning agent segment is expected to expand rapidly over the forecast period, driven by its essential role in hygiene and sanitation. With increasing awareness about the importance of cleanliness, the demand for cleaning products containing isopropyl alcohol is escalating. This segment is crucial for households, industries, and healthcare settings. As hygiene becomes a top priority globally, the cleaning agent segment’s growth is expected to accelerate, notably contributing to the expansion of the market.

End Use Insights

The pharmaceutical segment led the market with the largest revenue share of 34.5% in 2025, owing to its vital role in healthcare and medical applications. Isopropyl alcohol is essential for sterilization, disinfection, and the production of various pharmaceutical products and medical devices. Its effectiveness in killing bacteria and viruses makes it indispensable in hospitals, clinics, and laboratories. The ongoing advancements in the pharmaceutical industry, coupled with the growing need for stringent hygiene practices, have further reinforced the dominance of this segment, underscoring its crucial role in maintaining health and safety standards.

Isopropyl Alcohol Market Report Scope