Isopropyl Myristate Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Isopropyl Myristate Market is Segmented By Cosmetic Grade (Skincare, Haircare, Fragrances, Others), By Industrial Grade (Plastics, Rubber Lubricants, ....
Isopropyl Myristate Market Size
Market Size in USD
CAGR7.5%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 7.5% |
| Market Concentration | High |
| Major Players | BASF SE, Croda International Plc, KLK OLEO, IOI Oleochemicals, Oleon NV |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Isopropyl Myristate Market Analysis
The isopropyl myristate market is estimated to be valued at USD 82.11 Bn in 2024 and is expected to reach USD 136.55 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031. The isopropyl myristate market has been witnessing consistent growth over the past few years. It is due to factors such as rising demand from personal care products industry and increasing applications in industrial and healthcare sectors.