North America Isopropyl Alcohol (IPA) Prices Movement Q2:
Isopropyl Alcohol (IPA) Prices in the United States:
| Product | Category | Price |
| Isopropyl Alcohol (IPA) | Pharma API | 1297 USD/MT |
In Q2 2024, isopropyl alcohol (IPA) prices in the United States rose significantly, reaching 1,297 USD/MT by the end of the quarter, primarily due to increased feedstock costs. Raw materials used in IPA production saw sharp price hikes, directly impacting manufacturing expenses. This upward trend was further fueled by strong demand from key sectors, including cleaning, healthcare, and industrial applications. The cleaning sector, in particular, experienced heightened activity, reflecting the ongoing emphasis on hygiene and sanitation. The healthcare industry also maintained robust demand, as IPA is widely used in disinfectants and medical formulations. Although there was a slight dip in prices toward the quarter’s end due to reduced end-user inquiries, the market remained elevated overall, driven by persistent feedstock pressures and seasonal dynamics. According to isopropyl alcohol pricing data, these factors highlighted the significant influence of supply-side costs and sector-specific demand on IPA pricing during this period.
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APAC Isopropyl Alcohol (IPA) Prices Movement Q2:
Isopropyl Alcohol (IPA) Prices in South Korea:
| Product | Category | Price |
| Isopropyl Alcohol (IPA) | Pharma API | 1177 USD/MT |
By late June 2024, isopropyl alcohol (IPA) prices in South Korea fell to 1,177 USD/MT, marking a significant downturn in the market. This decline was mainly driven by weak demand from key industries such as automotive and electronics, which saw slower production and reduced consumption. An oversupply of IPA in the domestic market further exacerbated the downward pressure on prices, as producers struggled to align supply with dwindling demand. Additionally, geopolitical tensions and fluctuations in currency exchange rates created further uncertainty, affecting trade and pricing stability. According to the isopropyl alcohol price chart, the combination of reduced industrial activity, surplus inventory, and ongoing global economic challenges contributed to the sharp decline in IPA prices, reflecting the fragile state of the market during this period.
Regional Analysis: The price analysis can be extended to provide detailed isopropyl alcohol (IPA) price information for the following list of countries.
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.
Europe Isopropyl Alcohol (IPA) Prices Movement Q2:
Isopropyl Alcohol (IPA) Prices in Germany:
| Product | Category | Price |
| Isopropyl Alcohol (IPA) | Pharma API | 1454 USD/MT |
In Q2 2024, isopropyl alcohol (IPA) prices in Germany stabilized at 1,454 USD/MT, reflecting a well-balanced market environment. This price stability was largely attributed to steady IPA supplies and consistent raw material costs, which ensured that production and distribution remained efficient throughout the quarter. Demand for IPA was moderate, with key industries maintaining their consumption levels without significant fluctuations, further contributing to this price stability. Additionally, the absence of major external disruptions or economic challenges helped sustain a balanced supply-demand dynamic, allowing IPA prices to remain consistent without sharp fluctuations. As a result, the German IPA market experienced a period of relative calm, with prices holding steady through the end of the quarter.
Regional Analysis: The price analysis can be expanded to include detailed isopropyl alcohol (IPA) price data for a wide range of European countries:
such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.
Factors Affecting Isopropyl Alcohol (IPA) Demand and Prices
Isopropyl alcohol (IPA) demand and prices are influenced by factors such as industrial demand, raw material costs, and supply chain dynamics. Key sectors like automotive, electronics, cleaning, and healthcare drive significant IPA consumption, with fluctuations in production levels directly affecting pricing. Changes in feedstock prices and transportation costs can increase manufacturing expenses, while geopolitical tensions and currency exchange fluctuations introduce further market uncertainty. Additionally, supply-demand imbalances, such as oversupply or weak demand in specific regions, can create pricing volatility, as seen in the Isopropyl Alcohol Price Chart.
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Key Coverage:
- Market Analysis
- Market Breakup by Region
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Price Analysis
- Spot Prices by Major Ports
- Price Breakup
- Price Trends by Region
- Factors Influencing the Price Trends
- Market Drivers, Restraints, and Opportunities
- Competitive Landscape
- Recent Developments
- Global Event Analysis
How the IMARC Pricing Database Can Help
The latest IMARC Group study, “Isopropyl Alcohol (IPA) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Isopropyl Alcohol (IPA) price trend, offering key insights into global Isopropyl Alcohol (IPA) market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major market shifts.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Isopropyl Alcohol (IPA) demand, illustrating how consumer behaviors and industrial needs affect overall market dynamics. The price report uncovers critical factors influencing current and future prices by exploring the intricate relationship between supply and demand.
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IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.
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