The global Pharmaceutical Grade Isopropyl Myristate market size is predicted to grow from US$ 14.70 million in 2025 to US$ 21.11 million in 2032; it is expected to grow at a CAGR of 5.4% from 2026 to 2032.

The upstream of its supply chain mainly consists of myristic acid and isopropanol. Myristic acid is usually derived from the decomposition of natural palm kernel oil or coconut oil, which means that the upstream supply is significantly affected by the yield of tropical oil crops and international oil and fat market prices.

The global sales volume in 2025 is estimated to be approximately 7,500 tons, with an average market price of approximately 2,000 RMB/ton. The industrys gross profit margin is approximately 12-20%.>Pharmaceutical grade isopropyl myristate (IPM) is a colorless, oily liquid formed by the esterification of myristic acid and isopropanol. It is an excellent polar emollient, solvent, and penetration enhancer, improving the absorption and efficacy of drugs in the skin. It is widely used in transdermal formulations, ointments, creams, and other topical medications.The upstream of its supply chain mainly consists of myristic acid and isopropanol. Myristic acid is usually derived from the decomposition of natural palm kernel oil or coconut oil, which means that the upstream supply is significantly affected by the yield of tropical oil crops and international oil and fat market prices.The global sales volume in 2025 is estimated to be approximately 7,500 tons, with an average market price of approximately 2,000 RMB/ton. The industrys gross profit margin is approximately 12-20%.

United States market for Pharmaceutical Grade Isopropyl Myristate is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

China market for Pharmaceutical Grade Isopropyl Myristate is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

Europe market for Pharmaceutical Grade Isopropyl Myristate is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.

Global key Pharmaceutical Grade Isopropyl Myristate players cover Croda Pharma, BASF, Musim Mas, Oleon, Inolex, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.

Infinity Market Research newest research report, the ?Pharmaceutical Grade Isopropyl Myristate Industry Forecast? looks at past sales and reviews total world Pharmaceutical Grade Isopropyl Myristate sales in 2025, providing a comprehensive analysis by region and market sector of projected Pharmaceutical Grade Isopropyl Myristate sales for 2026 through 2032. With Pharmaceutical Grade Isopropyl Myristate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pharmaceutical Grade Isopropyl Myristate industry.

This Insight Report provides a comprehensive analysis of the global Pharmaceutical Grade Isopropyl Myristate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pharmaceutical Grade Isopropyl Myristate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Pharmaceutical Grade Isopropyl Myristate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pharmaceutical Grade Isopropyl Myristate and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pharmaceutical Grade Isopropyl Myristate.

This report presents a comprehensive overview, market shares, and growth opportunities of Pharmaceutical Grade Isopropyl Myristate market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Content 98%
    Content 99%
    Segmentation by Ingredient:
    Coconut Oil
    Palm Kernel Oil

Segmentation by Application:

    Transdermal Patches
    Topical Creams/Ointments
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    Croda Pharma
    BASF
    Musim Mas
    Oleon
    Inolex

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pharmaceutical Grade Isopropyl Myristate market?
What factors are driving Pharmaceutical Grade Isopropyl Myristate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Pharmaceutical Grade Isopropyl Myristate market opportunities vary by end market size?
How does Pharmaceutical Grade Isopropyl Myristate break out by Type, by Application?