The US Electronic Grade Isopropyl Alcohol Market Size was estimated at 12.53 (USD Million) in 2023.The US Electronic Grade Isopropyl Alcohol Industry is expected to grow from 14.98(USD Million) in 2024 to 26.19 (USD Million) by 2035. The US Electronic Grade Isopropyl Alcohol Market CAGR (growth rate) is expected to be around 5.212% during the forecast period (2025 - 2035).
The US Electronic Grade Isopropyl Alcohol Market is experiencing significant growth driven by the increasing demand for high-purity solvents in the electronic manufacturing sector. One of the key market drivers is the booming semiconductor industry, which necessitates the use of high-quality solvents for cleaning and processing applications. The rise of advanced technologies such as 5G, artificial intelligence, and the Internet of Things is further enhancing the demand for electronic components, which in turn propels the need for electronic grade isopropyl alcohol. Additionally, US regulatory developments surrounding environmental safety and the restriction of hazardous substances are pushing manufacturers to adopt cleaner alternatives, further supporting the usage of high-purity isopropyl alcohol.Opportunities in the market are also increasingly prevalent. With the growth of the electric vehicle sector and renewable energy industries, there is potential for electronic grade isopropyl alcohol to be utilized in the production and maintenance of electronic components for these fields. As businesses seek to innovate and enhance product efficiency, there is room for developing new formulations that align with technological advancements and heightened environmental awareness. Trends in recent times reveal an emphasis on sustainable practices and reducing the carbon footprint within manufacturing processes. Many companies are focusing on sourcing isopropyl alcohol that meets rigorous environmental regulations while still delivering high performance.Additionally, there is a growing interest in recycling and reusing solvents, as manufacturers strive for greater sustainability in their operations. As the US continues to prioritize technological advancement and environmental responsibility, these trends will likely shape the electronic grade isopropyl alcohol landscape in the coming years.
Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review
The rapid growth of the semiconductor industry in the United States is a significant driver for the US Electronic Grade Isopropyl Alcohol Market Industry. According to the Semiconductor Industry Association, in 2021, U.S. semiconductor sales approached USD 192 billion, and this number is projected to continue growing as technology advances. Cleaner and more advanced manufacturing processes require high-purity cleaning agents, such as electronic grade isopropyl alcohol, to maintain production efficiency and product quality.Companies like Intel and Texas Instruments are ramping up production capabilities, directly contributing to the increased consumption of electronic grade isopropyl alcohol as a crucial solvent for cleaning semiconductor wafers. This growth is expected to foster a CAGR of over 5 percent in the coming years, underlining the importance of electronic grade isopropyl alcohol in the overall manufacturing process, which is essential for maintaining competitive edge.
The US Electronic Grade Isopropyl Alcohol Market Industry is bolstered by the rising production of consumer electronics. As per the Consumer Technology Association, the U.S. consumer electronics market is projected to grow further, reaching nearly USD 487 billion by 2024. This indicates a robust demand for manufacturing compounds, such as electronic grade isopropyl alcohol, used for cleaning and degreasing components in devices like smartphones, tablets, and computers.Various companies, such as Apple and Samsung, are heavily investing in the U.S. market, with manufacturing facilities and partnerships that will inherently increase the usage of high-purity solvents like isopropyl alcohol in the production processes. The continued investment in electronic product development will likely sustain the demand for electronic grade isopropyl alcohol in the region.
Enhanced focus on Research and Development (R&D) within the United States is contributing significantly to the US Electronic Grade Isopropyl Alcohol Market Industry. Data from the National Science Foundation indicates that U.S. R&D expenditures were estimated to be USD 676 billion in 2020, which showcased a steady increase over the years. As R&D activities expand, particularly in electronics, biotechnology, and pharmaceuticals, the need for high-purity solvents for experimental and production processes increases.Companies such as Merck and Thermo Fisher Scientific rely on high grades of isopropyl alcohol for various applications in laboratory settings, pushing the demand higher. This trend likely positions electronic grade isopropyl alcohol as an essential ingredient in ongoing projects and innovations, which supports the growth trajectory of the market.
The purity segment of the US Electronic Grade Isopropyl Alcohol Market is crucial for various applications in industries such as electronics, pharmaceuticals, and biotechnology, as the purity level significantly impacts the efficiency and effectiveness of cleaning and manufacturing processes. Within this segment, products with purities of 99.99% showcase dominance due to their essential role in reducing contamination risks and ensuring quality standards in semiconductor fabrication, circuit board production, and other sensitive electronic components.This high level of purity minimizes residue and maximizes performance, which is critical in high-stakes environments like clean rooms where any impurities can lead to significant operational failures. On the other hand, isopropyl alcohol with purity levels of less than 99.99% still holds relevance, particularly in cleaning and degreasing applications, where slightly lower purity grades may suffice for less sensitive tasks. The segmentation of purity reflects the diverse needs of end users, as the electronics sector continually seeks to improve production efficiency while adhering to strict environmental regulations set forth by governing bodies in the US.With the ever-evolving technology landscape and the growing emphasis on clean manufacturing processes, the purity levels of isopropyl alcohol play a pivotal role in shaping market dynamics, trends, and new opportunities for innovation. Moreover, manufacturers are pushed to maintain high standards due to rising consumer expectations and regulatory pressure which in turn influences the overall market statistics concerning purity. It’s expected that the demand for highly pure isopropyl alcohol will continue to rise, driven by advancements in technology and increased production of electronic devices in the US.
Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review
The US Electronic Grade Isopropyl Alcohol Market is witnessing significant demand across various applications, notably in Integrated chips, Printed Circuit boards, Semiconductors, and LCD Cleaning, among others. Integrated chips require high-purity solvents for efficient manufacturing processes, given their intricate designs and sensitivities. Printed Circuit boards benefit from the use of Electronic Grade Isopropyl Alcohol in cleaning and preparation before component assembly, ensuring optimal performance and reliability. The semiconductor industry relies on this high-grade alcohol for its critical role in cleaning and etching processes, which are vital for chip functionality.Additionally, in LCD Cleaning, it serves as a key agent that removes contaminants without damaging delicate surfaces, maintaining visual quality in screens. These applications are key drivers of market growth, showcasing the rising importance of Electronic Grade Isopropyl Alcohol in advanced manufacturing processes, reflecting trends towards higher quality and purity standards in the electronics industry. With increasing advancements in technology, the demand for efficient cleaning agents and solvents is expected to rise, further emphasizing the relevance of this market in the US electronics sector.
The US Electronic Grade Isopropyl Alcohol Market has been experiencing significant growth driven by the increasing demand for high-purity chemicals used in the electronics sector, particularly in semiconductor manufacturing and other precision cleaning applications. The competitive landscape of this market is characterized by a mix of well-established companies and new entrants striving to strengthen their position through innovative product offerings and strategic collaborations. The market is highly regulated due to the stringent quality standards required for electronic grade isopropyl alcohol, which influences the operations and strategies of the industry players. As the market evolves, factors such as technological advancements, changing consumer preferences, and potential disruptions in supply chains due to global events will continue to shape the competitive dynamics.Daihachi Chemical Industry has established a strong presence in the US Electronic Grade Isopropyl Alcohol Market, primarily recognized for its commitment to producing high-purity isopropyl alcohol tailored for electronic applications. The company has cultivated robust relationships with key players in the semiconductor industry, allowing it to leverage partnerships effectively. Daihachi is renowned for its focus on quality and reliability, which significantly contributes to its competitive edge within the market. The company’s investments in research and development help in maintaining its position by continuously improving its manufacturing processes to produce superior products that meet the stringent requirements of the electronics sector. The emphasis on environmental sustainability and responsible sourcing practices further enhances Daihachi’s reputation among industry stakeholders.BASF Corporation stands as a formidable player in the US Electronic Grade Isopropyl Alcohol Market, known for its extensive portfolio of high-quality chemical solutions. The company offers a range of products that meet the demanding purity levels required for electronic applications, thereby securing a substantial market share. BASF’s strengths reside in its strong research and development capabilities, allowing for continuous innovation and the introduction of new applications for isopropyl alcohol. The company has made strategic investments and partnerships to enhance its market position, including mergers and acquisitions that expand its operational capabilities and product range within the US. With a focus on sustainability and efficiency, BASF Corporation aims to provide products that not only meet current market demands but also position the company favorably for future growth in the evolving landscape of electronic manufacturing.
Daihachi Chemical Industry
BASF Corporation
Mitsubishi Gas Chemical Company
Honeywell International
Air Products and Chemicals
Nissan Chemical Industries
Linde plc
Kraton Corporation
Sigma Aldrich
Fujifilm Corporation
Showa Denko K.K.
Shanghai 3F New Material
Dow Chemical Company
Nippon Gohsei
Eastman Chemical Company
Recent developments in the US Electronic Grade Isopropyl Alcohol Market indicate significant activity among key players such as Daihachi Chemical Industry, BASF Corporation, and Honeywell International. In September 2023, BASF Corporation announced plans to expand its production capabilities to meet rising demand, while Mitsubishi Gas Chemical Company also reported enhancement in its distribution networks. The market has been witnessing a growth surge, resulting from increased utilization across electronics manufacturing, particularly for cleaning semiconductor devices. This trend has contributed to a robust valuation growth of companies like Sigma Aldrich and Eastman Chemical Company. In terms of mergers and acquisitions, Dow Chemical Company acquired a specialized cleaning solutions firm in August 2023, indicating a strategic move to bolster its portfolio in the electronic solvents sector. Additionally, Linde plc has been investing heavily in R&D for sustainable manufacturing practices, reflecting a shift towards environmentally friendly production methods. Furthermore, the US government has introduced new regulations aimed at improving the safety standards for chemical production, particularly impacting companies like Fujifilm Corporation and Showa Denko K.K., enhancing their operational frameworks in the rapidly evolving market landscape.
99.99%
Less than 99.99%
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Integrated chips
Printed Circuit boards
Semiconductors
LCD Cleaning
Others
| Report Attribute/Metric | Details |
| Market Size 2018 | 12.53(USD Million) |
| Market Size 2024 | 14.98(USD Million) |
| Market Size 2035 | 26.19(USD Million) |
| Compound Annual Growth Rate (CAGR) | 5.212% (2025 - 2035) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2024 |
| Market Forecast Period | 2025 - 2035 |
| Historical Data | 2019 - 2024 |
| Market Forecast Units | USD Million |
| Key Companies Profiled | Daihachi Chemical Industry, BASF Corporation, Mitsubishi Gas Chemical Company, Honeywell International, Air Products and Chemicals, Nissan Chemical Industries, Linde plc, Kraton Corporation, Sigma Aldrich, Fujifilm Corporation, Showa Denko K.K., Shanghai 3F New Material, Dow Chemical Company, Nippon Gohsei, Eastman Chemical Company |
| Segments Covered | Purity, Application |
| Key Market Opportunities | Increasing semiconductor production demand, Expanding electronics manufacturing sector, Growth in cleanroom applications, Rising need for sanitization solutions, Development of eco-friendly alternatives |
| Key Market Dynamics | rising demand in electronics industry, strict quality specifications, supply chain challenges, environmental regulations, competitive pricing pressures |
| Countries Covered | US |
Frequently Asked Questions (FAQ):
The market size is projected to be valued at 14.98 million USD in 2024.
By 2035, the market is expected to reach a value of 26.19 million USD.
The market is expected to experience a CAGR of 5.212% from 2025 to 2035.
The 99.99% purity segment holds a larger market share valued at 10.24 million USD in 2024.
The Less than 99.99% purity segment is expected to reach 8.51 million USD by 2035.
Key players in the market include Daihachi Chemical Industry, BASF Corporation, and Mitsubishi Gas Chemical Company.
The market's growth is driven by increasing demand in the electronics industry.
The market is witnessing trends towards higher purity levels in isopropyl alcohol.
Regional dynamics play a significant role in market growth influenced by local demand in the technology sectors.
The market faces challenges related to fluctuating raw material prices and competition among key players.
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Research Analyst Level I In her 3 years of experience in the market research field, she has handled critical cross-domain projects. she has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.she holds an engineering degree and is an mba professional from a well-known university, capable of evaluating the market and competitive conditions. an exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. generated business through active client and project development, networking, and high-quality responses. her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.
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