Isopropyl Alcohol is a highly versatile solvent which has 1001 uses. Second only to water it is the most commonly used liquid for cleaning and is found in millions of products world wide. It is used in manufacturing acetone, glycerol and isopropyl acetate. A solvent for many oils, alkaloids, gums and resins, it also serves as a deicing agent for liquid fuels. The chemical compound is used in extraction processes, as a dehydrating agent and as a laboratory reagent.