Report cover image

Global Isopropyl Myristate (IPM) Market Growth 2026-2032

Publisher LP Information, Inc.
Published Jan 05, 2026
Length 115 Pages
SKU # LPI20692331

Description

The global Isopropyl Myristate (IPM) market size is predicted to grow from US$ 92.54 million in 2025 to US$ 132 million in 2032; it is expected to grow at a CAGR of 5.3% from 2026 to 2032.

Isopropyl Myristate (IPM) is a colorless, oily liquid, an ester of isopropyl alcohol and myristic acid. It is widely used in cosmetics and pharmaceuticals as an excellent non-greasy emollient, solvent, penetration enhancer, and emulsifier. It moisturizes the skin, softens the stratum corneum, and helps in the absorption of active ingredients, resulting in a light and easily spreadable product texture.

Isopropyl myristate (IPM) is primarily produced from myristic acid and isopropanol through an esterification reaction. It is widely used in cosmetics (as an emollient, moisturizer, and solvent) and in the pharmaceutical field (for transdermal delivery and as a pharmaceutical excipient).Global sales are projected to be approximately 56,300 tons in 2025, with an average market price of around US$1,800 per ton. The industry's gross profit margin is approximately 13-23%.

The market is increasingly demanding higher purity and functionality for isopropyl myristate (IPM), especially in the Asia-Pacific region, which shows strong consumption potential. The continued prosperity of the cosmetics and personal care industry is its core growth engine. Thanks to its excellent penetration, superior smoothness, and non-greasy feel, IPM has become an indispensable emollient and solvent in skincare and makeup products.

LP Information, Inc. (LPI) ' newest research report, the “Isopropyl Myristate (IPM) Industry Forecast” looks at past sales and reviews total world Isopropyl Myristate (IPM) sales in 2025, providing a comprehensive analysis by region and market sector of projected Isopropyl Myristate (IPM) sales for 2026 through 2032. With Isopropyl Myristate (IPM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Isopropyl Myristate (IPM) industry.

This Insight Report provides a comprehensive analysis of the global Isopropyl Myristate (IPM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Isopropyl Myristate (IPM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Isopropyl Myristate (IPM) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Isopropyl Myristate (IPM) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Isopropyl Myristate (IPM).

This report presents a comprehensive overview, market shares, and growth opportunities of Isopropyl Myristate (IPM) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Cosmetic Grade
Industrial Grade

Segmentation by Content:
Content≤99%
Content＞99%

Segmentation by Ingredient:
Coconut Oil
Palm Kernel Oil

Segmentation by Application:
Personal Care & Cosmetics
Pharmaceuticals
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Croda
BASF
KLK Oleo
Oleon
Wilmar International
Evonik
IOI Oleochemical
Kokyu Alcohol Kogyo
Kao
Inolex
Jiangsu Jinqiao Oil & Fat Technology
Zhejiang Wumei Biotechnology
Guanghzou Zhonghai Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Isopropyl Myristate (IPM) market?

What factors are driving Isopropyl Myristate (IPM) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Isopropyl Myristate (IPM) market opportunities vary by end market size?

How does Isopropyl Myristate (IPM) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

115 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Isopropyl Myristate (IPM) by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Isopropyl Myristate (IPM) by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us