Press release
Isopropyl Myristate Market Forecast to Grow at 7.67 percentage CAGR Through 2032
The ๐๐ฌ๐จ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ ๐๐ฒ๐ซ๐ข๐ฌ๐ญ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 76.79 Mn. in 2024 and the total Isopropyl Myristate Market size is expected to grow at a CAGR of 7.67% from 2025 to 2032, reaching nearly USD 138.69 Mn. by 2032.๐๐ฌ๐จ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ ๐๐ฒ๐ซ๐ข๐ฌ๐ญ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Isopropyl Myristate is a polar moisturizer extensively used in cosmetics, personal care products, and topical medical formulations to enhance skin absorption. Derived either naturally or synthetically, it serves as an emollient, thickening agent, and topical delivery enhancer. Its applications span skin creams, lotions, makeup, shampoos, hair conditioners, and pharmaceutical preparations. Beyond its role in skincare, IPM acts as a pediculicide by physically coating the exoskeleton of lice. The increasing popularity of anti-aging and acne treatments further solidifies its position as a pivotal ingredient in personal care formulations.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.stellarmr.com/report/req_sample/Isopropyl-Myristate-Market/1943
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฌ๐จ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ ๐๐ฒ๐ซ๐ข๐ฌ๐ญ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ:
The Isopropyl Myristate market is primarily driven by the rising demand for skincare and haircare products, particularly in emerging economies. The growing trend of natural and organic ingredients in personal care products has propelled the adoption of IPM derived from sustainable sources like coconut and palm oil. Its ability to act as a penetration enhancer, facilitating deeper absorption of active ingredients, makes it indispensable in advanced skincare solutions. Additionally, the pharmaceutical industry's rising need for chemicals like IPM, attributed to population growth and increasing healthcare expenditures, contributes significantly to market expansion.
๐๐ฌ๐จ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ ๐๐ฒ๐ซ๐ข๐ฌ๐ญ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Sustainability and innovation are shaping the Isopropyl Myristate market. Cosmetic and pharmaceutical manufacturers are investing heavily in sustainable practices and natural formulations to cater to environmentally conscious consumers. The industry's focus on texture, sensory appeal, and enhanced product performance is driving the development of innovative IPM-based solutions. Regulatory compliance and the search for alternatives also influence market dynamics, as manufacturers explore safer and more sustainable emollients to meet evolving consumer preferences. Furthermore, North America's thriving cosmetics industry continues to set the benchmark for IPM adoption, with advancements in formulations ensuring robust market growth.
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฌ๐จ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ ๐๐ฒ๐ซ๐ข๐ฌ๐ญ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐ฌ๐จ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ ๐๐ฒ๐ซ๐ข๐ฌ๐ญ๐๐ญ๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's burgeoning cosmetic industry presents a fertile ground for IPM applications. The rising disposable income and growing beauty consciousness among consumers are driving the demand for personal care products, thereby creating opportunities for IPM manufacturers to establish a foothold in this emerging market.
๐๐ฌ๐จ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ ๐๐ฒ๐ซ๐ข๐ฌ๐ญ๐๐ญ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's well-established beauty and personal care sector is experiencing a surge in demand for high-quality skincare products. IPM's role as a moisturizer and thickening agent makes it a preferred ingredient, contributing to the market's expansion in the country.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.stellarmr.com/report/enquire_now/Isopropyl-Myristate-Market/1943
๐๐ฌ๐จ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ ๐๐ฒ๐ซ๐ข๐ฌ๐ญ๐๐ญ๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's advanced cosmetic industry is characterized by a preference for innovative and high-performance ingredients. The increasing incorporation of IPM in formulations to enhance product efficacy aligns with consumer expectations, driving market growth.
๐๐ฌ๐จ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ ๐๐ฒ๐ซ๐ข๐ฌ๐ญ๐๐ญ๐ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's dynamic beauty industry, known for rapid product development and trends like K-beauty, is witnessing a consolidation of key players incorporating IPM into their formulations. This trend is enhancing product quality and meeting consumer demand for effective skincare solutions.
๐๐ฌ๐จ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ ๐๐ฒ๐ซ๐ข๐ฌ๐ญ๐๐ญ๐ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's status as a regional hub for cosmetic innovation is fostering the adoption of advanced ingredients like IPM. The market is updating its product offerings to include IPM, catering to sophisticated consumer preferences for lightweight and non-greasy formulations.
๐๐ฌ๐จ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ ๐๐ฒ๐ซ๐ข๐ฌ๐ญ๐๐ญ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ
The United States, with a market size projected to reach USD 26.50 million by 2034, is experiencing significant growth in the IPM sector. The demand is driven by the extensive use of IPM in personal care products and pharmaceuticals, coupled with a consumer shift towards high-quality skincare solutions.
๐๐ฌ๐จ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ ๐๐ฒ๐ซ๐ข๐ฌ๐ญ๐๐ญ๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's stringent regulatory environment and emphasis on product safety are leading to increased adoption of IPM in cosmetic formulations. The market is poised for growth as manufacturers seek to comply with regulations while meeting consumer demand for effective and safe personal care products.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.stellarmr.com/report/req_sample/Isopropyl-Myristate-Market/1943
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐๐๐๐ ๐๐: In May 2022, BASF SE launched Kollicreamยฎ IPM, an oil component with low fatty character and high spreadability, suitable for various personal care applications.
๐๐ซ๐จ๐๐ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ฅ๐: Croda has been focusing on expanding its product portfolio to include sustainable and high-performance ingredients, aligning with the growing consumer demand for eco-friendly personal care products.
๐๐๐ ๐๐ฅ๐๐จ ๐๐ซ๐จ๐ฎ๐ฉ: KLK Oleo has been investing in research and development to enhance the quality and applications of its IPM products, catering to the diverse needs of the cosmetic and pharmaceutical industries.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฌ๐จ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ ๐๐ฒ๐ซ๐ข๐ฌ๐ญ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ:
By Form
Solid
Liquid
By Application
High
Medium
Low
By End-User
Skincare Products
Haircare Products
Cosmetics
Pharmaceutical Formulations
Industrial Application
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ: https://www.stellarmr.com/report/Isopropyl-Myristate-Market/1943 ๏ปฟ๏ปฟ
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ฌ๐จ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ ๐๐ฒ๐ซ๐ข๐ฌ๐ญ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
Azelis Group NV - Belgium
Croda International Plc - United Kingdom
BASF SE - Germany
KLK OLEO - Malaysia
IOI Oleochemicals - Malaysia
OLEON NV - Belgium
Mosselman S.A. - Belgium
Emco Dyestuff Pvt Ltd - India
Dadiachemical.com - India
Nanjing Chemical Material Corp. - China
TOP Pharm Chemical Group - China
Wego Chemical Group - United States
Berg + Schmidt GmbH & Co. KG - Germany
Kokyu Alcohol Kogyo Co., Ltd. - Japan
Jigchem Universal - India
Surfachem - United Kingdom
Ventos - Spanish
VG Organics - India
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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