The Global Isopropyl Ethanoate Market was valued at USD 356.8 Million in 2023 and is projected to reach USD 482.1 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2024–2030). This steady growth is primarily fueled by increasing demand from the paint and coatings industry, expanding pharmaceutical manufacturing, and the solvent’s pivotal role in printing ink formulations, particularly in the Asia-Pacific region.

As industries increasingly prioritize efficient, fast-evaporating, and low-toxicity solvents, the spotlight turns to the key chemical manufacturers who are driving production, innovation, and supply chain excellence. In this blog, we profile the Top 10 Companies in the Isopropyl Ethanoate Industry—a mix of global chemical giants and specialized producers shaping the future of this essential solvent market.

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🔟 1. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: High-Purity Isopropyl Acetate (IPA)

Eastman Chemical is a leading global producer of specialty materials, including a wide range of solvents. Their Isopropyl Acetate is known for its high purity and is extensively used in coatings, inks, and industrial cleaning applications due to its excellent solvency and evaporation properties.

Key Market Strengths:

• Integrated manufacturing chain from acetyl intermediates

• Strong global distribution network serving diverse industries

• Focus on sustainable solvent solutions and product stewardship

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9️⃣ 2. Seqens

Headquarters: Paris, France
Key Offering: Pharmaceutical and Industrial Grade Isopropyl Acetate

Seqens is a European leader in fine and specialty chemicals, with significant production capabilities for Isopropyl Ethanoate. The company supplies high-purity grades critical for pharmaceutical synthesis and advanced coating formulations across Europe and North America.

Key Market Strengths:

• Dedicated pharma-grade production facilities

• Strong focus on REACH compliance and regulatory expertise

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8️⃣ 3. Huangshan Basihui Chemical Auxiliary Co., Ltd.

Headquarters: Huangshan, Anhui, China
Key Offering: 99% Purity Isopropyl Acetate

Huangshan Basihui is a major Chinese manufacturer of chemical auxiliaries and solvents. The company has carved a significant niche in the Asia-Pacific market by providing cost-effective Isopropyl Acetate primarily to the regional paint, adhesive, and printing ink industries.

Key Market Strengths:

• Competitive pricing advantage in the Asian market

• Robust production capacity catering to local industrial growth

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7️⃣ 4. Shandong Jinyimeng Group Company Limited

Headquarters: Jinan, Shandong, China
Key Offering: Industrial and Reagent Grade Isopropyl Acetate

Shandong Jinyimeng Group is a prominent chemical enterprise in China with diversified product lines. Its Isopropyl Acetate production supports the country’s massive manufacturing sector, particularly in coatings and industrial cleaning applications.

Key Market Strengths:

• Large-scale integrated chemical production complex

• Strategic location serving both domestic and export markets

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6️⃣ 5. Yixing Kaixin Chemical Co., Ltd.

Headquarters: Yixing, Jiangsu, China
Key Offering: 98% and 99% Purity Isopropyl Acetate

Yixing Kaixin Chemical specializes in the production of acetate solvents, including Isopropyl Acetate. The company is a key supplier to the Yangtze River Delta industrial region, one of China’s most significant manufacturing hubs.

Key Market Strengths:

• Specialization in acetate esters

• Strong regional supply chain integration

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5️⃣ 6. Lemon-flex Company Limited

Headquarters: Guangzhou, Guangdong, China
Key Offering: Isopropyl Acetate for Ink and Coating Applications

Lemon-flex is a chemical supplier with a focus on solvents for the printing and packaging industries. The company provides Isopropyl Acetate that meets the specific requirements of ink manufacturers seeking fast-drying and high-gloss properties.

Key Market Strengths:

• Application-specific product formulations

• Expertise in the graphic arts and packaging sector

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4️⃣ 7. Jiangsu Ruijia Chemical Co., Ltd.

Headquarters: Nantong, Jiangsu, China
Key Offering: Technical and Reagent Grade Isopropyl Acetate

Jiangsu Ruijia Chemical is an emerging producer of organic solvents with a growing presence in the Isopropyl Acetate market. The company supplies to various downstream industries, including agrochemicals and synthetic resins.

Key Market Strengths:

• Modern manufacturing facilities with quality control systems

• Expanding export operations to Southeast Asia and Europe

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3️⃣ 8. Sichuan Nitrocell Corporation

Headquarters: Chengdu, Sichuan, China
Key Offering: Isopropyl Acetate for Specialty Applications

While primarily known for nitrocellulose, Sichuan Nitrocell also produces associated solvents like Isopropyl Acetate, which is used in lacquer and coating formulations. Their integrated approach provides synergies for customers in the wood coating and automotive refinish sectors.

Key Market Strengths:

• Vertical integration with downstream product lines

• Strong position in the Asian coatings industry

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2️⃣ 9. Sharox Chemicals

Headquarters: Mumbai, Maharashtra, India
Key Offering: Isopropyl Acetate for Pharmaceutical Intermediates

Sharox Chemicals is an Indian manufacturer focusing on high-purity solvents for the pharmaceutical and agrochemical sectors. The company’s Isopropyl Acetate is valued for its consistency and compliance with industry standards.

Key Market Strengths:

• Strategic focus on the growing Indian pharmaceutical market

• Quality systems aligned with international standards

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1️⃣ 10. Solvay

Headquarters: Brussels, Belgium
Key Offering: High-Performance Isopropyl Acetate Solvents

Solvay, a global leader in advanced materials and specialty chemicals, produces Isopropyl Acetate as part of its extensive solvent portfolio. The company supplies high-performance grades to demanding applications in aerospace coatings, electronics, and specialty adhesives.

Key Market Strengths:

• Strong R&D capabilities for specialty formulations

• Global presence with technical service support

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🌍 Outlook: The Future of Isopropyl Ethanoate is Application-Driven and Sustainable

The Isopropyl Ethanoate market is experiencing a steady evolution. While traditional applications in coatings and inks continue to dominate consumption, the industry is increasingly focused on high-purity grades for pharmaceuticals, green chemistry initiatives, and supply chain optimization to meet regional demand variations.

📈 Key Trends Shaping the Market:

• Growing demand for low-VOC and environmentally preferable solvents

• Expansion of production capacities in Asia-Pacific to serve local markets

• Increasing pharmaceutical applications driving demand for ultra-high purity grades

• Technical innovations in solvent recovery and recycling technologies

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The companies listed above are not only supplying a critical industrial solvent—they’re driving the innovation and sustainability agenda across multiple downstream industries.