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Description Isopropyl alcohol is a colorless, flammable chemical compound (chemical formula: C3H8O) with a strong odor. It is used in the manufacture of a wide variety of industrial and household chemicals and is a common ingredient in chemicals such as antiseptics, disinfectants, and detergents. Chemical Formula: C3H8O. Isopropyl alcohol and its metabolite, acetone, act as central nervous system (CNS) depressants.