- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
Americas
Future Market Insights, Inc.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
MEA
Future Market Insights

1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
Asia Pacific
Future Market Insights Global & Consulting Pvt. Ltd.
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Isopropyl Myristate Market

Isopropyl Myristate Market: Global Industry Analysis 2012 - 2016 and Opportunity Assessment; 2017 - 2027

Market Insights on Isopropyl Myristate covering sales outlook, demand forecast and up-to-date key trends

Isopropyl Myristate Market Overview

Isopropyl myristate is among the commonly used fatty acid ester and is isopropyl ester of tetradecanoic acid. Isopropyl myristate is categorized mainly employed as synthetic oil and is produced by reaction of isopropyl alcohol and myristic acid. Isopropyl myristate is among the foremost available substitutes for natural oil in the cosmetics industry.

Isopropyl myristate is also used as solvent in several trans-dermal pharmaceutical products and pharmaceuticals creams.

Major end user industries for isopropyl myristate include personal care, pharmaceuticals, food and lubricants among several others. Personal care is the largest application segment for isopropyl myristate and the trend is anticipated to continue for a foreseeable future. Isopropyl myristate is also used as a pesticide free product for killing lice.

Isopropyl myristate helps in enhancing skin penetration properties of products owing to which, pharmaceutical is anticipated to be the fastest growing application segment for isopropyl myristate. Other applications of isopropyl myristate include solvents, plasticizer and bio diesel among others.

Low production cost as compared to other available substitute is among the foremost driver for demand of isopropyl myristate. Moreover the apparatus employed in the production of isopropyl myristate can be used for production of several other products. Therefore low capital investment is among the major growth drivers for isopropyl myristate market.

Isopropyl myristate is employed in several pharmaceutical products primarily creams. Therefore, high growth in pharmaceutical industry across the globe is a major factor fuelling demand for isopropyl myristate. Increasing disposable income leading to surge in demand for personal care products including oil and other skin products is anticipated to drive isopropyl myristate market growth during the forecast period.

Isopropyl myristate is used in combination with several other products including petroleum products. Isopropyl myristate is easily penetrated into the skin whereas the petrochemicals get clogged in pores leading to a decline in supply of oxygen to the skin resulting in several skin related issues.

Isopropyl myristate when in contact with diethanolamine leads to production of carcinogenic compounds. Therefore intensive care has to be taken while using isopropyl myristate based products which has been a major restraint for isopropyl myristate market growth. Increasing research and development for increasing the application scope of isopropyl myristate is expected to offer huge growth opportunity in the market.

North America followed by Europe has been dominating the global isopropyl myristate market. Increasing demand for bio based products in North America and Europe is anticipated to restraint market growth for isopropyl myristate in the regions. Demand for isopropyl myristate in North America and Europe is anticipated to grow at a sluggish rate during the forecast period.

Asia Pacific is anticipated to be the fastest growing region for isopropyl myristate market during the forecast period. High GDP growth and increasing disposable income in the emerging economies of India and China leading to high growth in major end user industries including personal care and pharmaceuticals is expected to drive demand for isopropyl myristate in the region.

Isopropyl myristate is a highly fragmented market and is dominated by regional players. The market is characterized by high degree of competition and major players compete by price differentiation thus increasing price sensitivity. Major players in the isopropyl myristate market include ABITEC Corporation, Sumitomo Chemical Co. Ltd., Archer Daniels Midland Company, Croda International Plc, Akzo Nobel N.V, Evonik Goldschmidt GmbH, Subhash Chemical Industries and Sasol Limited among others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

The report covers exhaust analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
Nikhil Kaitwade
Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Table of Content

NA

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

List of Tables

NA
Nikhil Kaitwade
Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

List of Charts

NA

Explore Chemicals & Materials Insights

View Reports

Isopropyl Myristate Market

Schedule a Call

We value your privacy

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic.

By clicking "Accept All", you consent to our use of cookies. Cookie Policy