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 Second Half of 2023

Following the market behavior of its feedstock isopropyl alcohol, isopropyl myristate prices also fluctuated during the last two quarters of 2023. In the Asian market, the first three months were observed to be relatively stable as the supply and demand outlooks still had better coordination. However, the market situation got a little tepid during the final quarter of the year; the inventories were running high, and the demands from the cosmetics and perfuming industries were not as supportive of the price trend, so the price graph dropped around the later months. The situation of the European and American markets was also not much different as the prices consistently oscillated here as well.

Isopropyl Myristate Pric Chart

Isopropyl Myristate Price Trends

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Analyst insight

According to Procurement Resource, the market projection for Isopropyl Myristate doesn’t look very different from the current trend as the prices are expected to fluctuate going forward as well.

Isopropyl Myristate Price Trend for the First Half of 2023

The price trend for isopropyl myristate closely mimicked the price trend for its feedstock isopropyl alcohol. The price trend 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 trend remained southward facing for most of the discussed period. Overall, dull market sentiments were observed with low swinging price trend.

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.

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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.


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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