IPA is essential in semiconductor fabs for cleaning post-etch and post-develop processes, requiring ultra-high purity (≥99.99%). The specialized IPA market is estimated at USD 1.5 billion in 2025, with overall IPA market size reaching USD 3.98–5.24 billion (2025), depending on source, and forecasted to grow at ~7.5–10% CAGR through 2029. Market behavior in early 2025 saw sustained price increases in North America and Europe, driven by robust demand across pharma, healthcare, and electronics sectors. In March 2025, IPA prices reached about USD 1,330/MT in the US, USD 926/MT in China,