Product
Isopropyl Myristate Price Trend and Forecast
Isopropyl Myristate Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Isopropyl Myristate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Isopropyl Myristate Price Trend for the First Half of 2023
The price trends for isopropyl myristate closely mimicked the price trends for its feedstock isopropyl alcohol. The price trends were primarily driven by the market demands from downstream cosmetic and perfuming industries.
In the Asian region, prices were mostly weak since the buyers were still hesitant as the market was struggling to revive. After the restrictions were lifted, the suppliers started hoarding the product to protect the business from losses. This practice, though, had a temporary supporting impact but could not aid the situation completely as the prices again started plunging by the middle of Q2.
The European and American isopropyl myristate markets didn’t behave in any different manner as market trends remained southward facing for most of the discussed period. Overall, dull market sentiments were observed with low swinging price trends.
Analyst insight
According to Procurement Resource, the Isopropyl Myristate market is expected to behave in a similar manner, given the current global inflation rates and demand uncertainties.
Procurement Resource provides latest prices of Isopropyl Myristate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Isopropyl Myristate or Propyl Myristate Iso is a clear colourless chemical compound. It appears as an oily liquid. It can be dissolved in organic solvents while it is insoluble in water. It is one of the crucial additives for high-grade cosmetics. It is often utilised as an emulsifier and as a moistening agent in cosmetics.
Product Details
| Report Features | Details |
| Product Name | Isopropyl Myristate |
| Industrial Uses | Cosmetics, Binding agents, Emollients, Perfuming agents, Skin conditioning, Intermediates, Solvents |
| Chemical Formula | C17H34O2 |
| Synonyms | 110-27-0, Isopropyl myristate (IPM) , Tetradecanoic acid, 1-methylethyl ester, Myristic acid isopropyl ester, Estergel |
| Molecular Weight | 270.5g/mol |
| Supplier Database | Evonik Industries AG, Ernesto Ventós, S.A., Hallstar Corporate, Kao Corporation, Moellhausen S.p.A, Organo Chem (India) |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Process
- Production of Isopropyl Myristate via Esterification and Distillation
Isopropyl Myristate is prepared at industrial level through the esterification of myristic acid and isopropanol, which is alkali refined to neutralise the catalyst, and finally the obtained product is distilled to produce Isopropyl Myristate.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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