Same answer as pgk, except IDA is industrial meths, a mix of ethanol and 5% naptha. I think 99.5% IDA is industrial meths (95/5% mix) diluted with a dash of water, not 99.5% ethanol. It's controlled because Ethanol is a recreational drug only sold under licence with much tax added!
Isopropyl Alcohol is a different alcohol with unpleasant side effects.
IDA is cheap and is widely used as a fuel or unfussy solvent – where the naptha doesn't matter.
Propanol is mainly used when a pure alcohol is needed as a solvent for medical, cosmetics, ink and such. Meths works just as well except it stinks or spoils some things! Propanol is a good fuel but is rarely used because of the cost. (It can be added to petrol as an anti-knock agent.)
Dave