Throughout the first half of 2023, the trajectory of isopropyl myristate price forecast closely paralleled that of its source material, Isopropyl Alcohol. Fluctuations were primarily influenced by demands from the cosmetic and perfuming sectors. In the Asian region, prices remained subdued due to hesitancy among buyers in the recovering Chinese market, prompting suppliers to stockpile to mitigate losses. Despite this, prices eventually declined by mid-Q2. Similarly, the European and American isopropyl myristate markets experienced downward trends, reflecting overall sluggish market sentiments and minimal price fluctuations.
Definition
Isopropyl myristate is an ester derived from myristic acid and isopropyl alcohol. It is widely used in cosmetics and personal care products as an emollient, thickening agent, and moisturizer. Its non-greasy texture and ability to enhance skin penetration make it a popular ingredient in various skincare formulations.
Key Details About the Isopropyl Myristate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Isopropyl Myristate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
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Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Isopropyl Myristate Price chart, including India Isopropyl Myristate price, USA Isopropyl Myristate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Isopropyl Myristate Price Trend:
Isopropyl myristate is an ester derived from myristic acid and isopropyl alcohol. It is widely used in cosmetics and personal care products as an emollient, thickening agent, and moisturizer. Its non-greasy texture and ability to enhance skin penetration make it a popular ingredient in various skincare formulations.
Key Players:
- Evonik Industries AG
- Ernesto Ventós, S.A.
- Hallstar Corporate
- Kao Corporation
- Moellhausen S.p.A
- Organo Chem (India)
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