Report Code: A15515 | Pages: NA | Jul 2023 | 1085 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Isopropylamine Market
Request Now !Isopropylamine is a colourless to yellow liquid with a characteristic amine odour. It is primarily used in agriculture for the production of agrochemicals such as glyphosate, atrazine, and bentazon. Isopropylamine is also used to make surfactants and active pharmaceutical ingredients. Isopropylamine is a basic chemical that can change the pH and is used in a variety of applications. It is classified as a highly flammable liquid.
Crop protection agents, pharmaceuticals, pesticides, fuel and lubricant additives, paper, rubber, and paint are all examples of isopropylamine's uses. It is also used to make dodecyl benzene and sulfonic acid, which are both surface-active agents. Isopropyl amine is a common commercial chemical compound that comes in liquid form and has an ammonia-like odour as well as flammability. This important compound is used in a variety of industries, primarily as an intermediate. It is used to make agrochemicals such as herbicides, pesticides, and insecticides. Other industries that use this organic compound include rubber, pharmaceuticals, paints, and dye manufacturing. It is widely used as an additive in the petroleum and lubricant industries. Isopropyl amine, despite being a very useful compound, can cause dermatitis if exposed to it for an extended period. Isopropylamine is a highly flammable liquid that can change the pH of the environment. Herbicides, insecticides, pharmaceuticals, dyes, bactericides, and rubber accelerators are all made with Isopropylamine as an intermediate.
COVID-19 Impact analysis
The recent COVID-19 pandemic has caused the global economy to slow down. The food, pharmaceutical, and chemical industries are all experiencing significant sales declines. This scenario has had a negative impact on the global isopropylamine market's growth. Aside from that, many players in the isopropylamine market are experiencing production and trading disruptions. As a result, key players in the isopropylamine market are focusing more on strategizing their business moves in order to resume normal operations.
Top Impacting Factors
The agrochemical industry's expansion is a major driver of isopropylamine demand. In the field of agriculture, new technologies that improve crop yield are gaining traction. As a result, it is expected that significant progress in the agrochemical sector will fuel demand for isopropylamine. Insecticides, herbicides, and bacticides are all made with isopropylamine as an intermediate. The pharmaceutical industry has seen an increase in demand for isopropylamine, which is used as a key ingredient in the production of drugs. In the pharmaceutical industry, isopropylamine is used to purify penicillin and streptomycin.
Isopropylamine demand is expected to rise as the rubber and plastics industries expand. The isopropylamine market is expected to benefit from increased demand for chemical intermediates in the paints and coatings industry. The isopropylamine market has lucrative growth opportunities in emerging economies such as Asia Pacific and Latin America. Another important factor driving the global isopropylamine acid market is the rise in demand for dyes in the textile industry.Â
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Questions Answered in the Isopropylamine Market Report
Isopropylamine Market Report Highlights
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Key Market Players | Leo Chemo Plast Pvt. Ltd, Tokyo Chemical Industry Co., Ltd., Eastman Chemical Company, Merck KGaA, Henan GP Chemicals Co.,Ltd, BASF SE, Nanjing Qinzuofu Chemical Co.,Ltd, Restek Corporation, DuPont., Arkema Group |
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