Top 10 Companies in the Isoprene Glycol (IPG) Industry (2025): Market Leaders Driving Cosmetic and Personal Care Innovation

In Business Insights
June 08, 2025

The Global Isoprene Glycol (IPG) Market was valued at USD 128.7 million in 2024 and is projected to reach USD 185.3 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024-2030). This expansion is primarily fueled by rising demand from cosmetic and personal care manufacturers, increasing adoption of multifunctional ingredients, and advancements in bio-based formulations.

As formulators seek versatile ingredients that enhance product performance while meeting clean beauty standards, IPG has become a key component in modern skincare, haircare, and cosmetic products. In this analysis, we examine the Top 10 Companies in the Isoprene Glycol (IPG) Industry – the innovators and market leaders shaping this dynamic sector.


🔟 1. Kuraray Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-purity IPG for cosmetic and pharmaceutical applications

Kuraray maintains its position as a global leader in specialty chemicals, with its IPG products recognized for exceptional purity and performance in skincare formulations.

Technology Leadership:

  • Patented continuous production process improves yield by 18%
  • GMP+ certified manufacturing facilities in Japan and Malaysia
  • Strategic partnerships with Japanese cosmetic brands

Download FREE Sample Report:
Isoprene Glycol (IPG) Market – View in Detailed Research Report


9️⃣ 2. Guangdong He Ji Biotech Co., Ltd.

Headquarters: Guangzhou, China
Key Offering: Cost-effective IPG solutions for Asian markets

This rapidly expanding Chinese manufacturer has captured significant market share through competitive pricing and reliable supply chains across Asia-Pacific.

Market Position:

  • 40% production capacity increase in 2023
  • Established distribution networks in Southeast Asia

8️⃣ 3. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: Ultra-pure IPG for sensitive skin formulations

Mitsubishi Chemical brings its renowned quality control standards to IPG production, serving premium cosmetic brands worldwide.

Quality Assurance:

  • ISO 22716 certified manufacturing
  • Batch-to-batch consistency guaranteed

Download FREE Sample Report:
Isoprene Glycol (IPG) Market – View in Detailed Research Report


7️⃣ 4. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: IPG integrated solutions for haircare

BASF incorporates IPG into its comprehensive portfolio of cosmetic ingredients, offering complete formulation systems for moisture retention and damage repair.

Technical Advantages:

  • Custom IPG-amine complexes for enhanced conditioning
  • Technical service teams support product development

6️⃣ 5. Evonik Industries

Headquarters: Essen, Germany
Key Offering: Performance-optimized IPG for anti-aging

Evonik develops specialized IPG variants with improved skin penetration and bioavailability for premium skincare applications.

Research Focus:

  • Enhanced delivery systems with IPG carriers
  • Clinical studies demonstrating efficacy

5️⃣ 6. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Dermatologist-approved IPG formulations

Solvay’s IPG portfolio focuses on gentle, clinically-tested solutions ideal for sensitive skin and baby care products.

Specialization:

  • Hypoallergenic grade IPG
  • Pediatric dermatology partnerships

4️⃣ 7. Ashland Global Holdings

Headquarters: Wilmington, Delaware, USA
Key Offering: IPG for color cosmetics

Ashland engineers IPG variants specifically for makeup formulations where texture and application properties are critical.

Application Expertise:

  • Spreadability enhancement technologies
  • Pigment dispersion solutions

3️⃣ 8. Croda International

Headquarters: Snaith, United Kingdom
Key Offering: Sustainable IPG alternatives

Croda leads in developing bio-derived IPG variants that meet growing demand for green chemistry in personal care.

Sustainability Initiatives:

  • 75% bio-based IPG under development
  • Carbon footprint reduction program

Download FREE Sample Report:
Isoprene Glycol (IPG) Market – View in Detailed Research Report


2️⃣ 9. Lubrizol Corporation

Headquarters: Wickliffe, Ohio, USA
Key Offering: Functional IPG for sun care

Lubrizol formulates specialized IPG products that enhance sunscreen performance and after-sun recovery.

Formulation Technology:

  • UV protection boosting agents
  • Post-sun soothing complexes

1️⃣ 10. Nippon Shokubai Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Asian-market optimized IPG

Nippon Shokubai produces IPG specifically designed for the unique textures and formats preferred in Asian skincare routines.

Market Specialization:

  • Lightweight emulsion technology
  • Essence and lotion compatibility

Get Full Report Here:
Isoprene Glycol (IPG) Market – View in Detailed Research Report


🌍 Market Outlook: The Evolving Landscape of IPG Applications

The IPG market is undergoing significant transformation as manufacturers develop new variants to meet changing formulation needs across personal care categories.

📈 Key Industry Trends:

  • Growing preference for multifunctional ingredients that simplify formulations
  • Accelerating demand for sustainable and bio-based alternatives
  • Expansion in emerging Asian personal care markets
  • Development of high-performance IPG derivatives for specialized applications

Get Full Report Here:
Isoprene Glycol (IPG) Market – View in Detailed Research Report

The companies profiled represent the innovation engine driving IPG’s expanding role in next-generation personal care formulations worldwide.