Isopropyl Myristate (IPM) (CAS 110-27-0) Market
Isopropyl Myristate (IPM) (CAS 110-27-0) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Isopropyl Myristate (IPM) (CAS 110-27-0) Market Size and Growth
The Isopropyl Myristate (IPM) market is experiencing steady growth, driven by its applications in cosmetics, pharmaceuticals, and food industries. The global market size was valued at approximately $300 million in 2023, with projections to expand as demand for safe and effective emollients increases. Competitive dynamics favor innovative formulations and sustainability.
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Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Akzo Nobel
◍ Kunshan Huaxin Daily Chemicals
◍ Honeywell
◍ NanJing DongDe Chemicals
◍ Shaanxi Top Pharm Chemical
◍ Zhejiang Wumei Biotechnology
The Isopropyl Myristate (IPM) market features companies like BASF, Akzo Nobel, and Honeywell utilizing IPM in cosmetics, pharmaceuticals, and personal care products. Their innovative applications and quality improvements drive market growth. Notable company revenues include BASF’s €78 billion (2022) and Akzo Nobel’s €10.3 billion (2022).
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