The Global Cosmetic Grade Isopropyl Palmitate Market was valued at US$ 559.3 million in 2023 and is projected to reach US$ 848.3 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period (2023–2030). This growth is being driven by rising consumer demand for effective emollients in personal care products, increasing focus on lightweight and non-greasy formulations in skincare and haircare, and the expanding adoption of natural-derived ingredients across global beauty sectors.

As the personal care industry advances toward sustainable and high-performance formulations, the emphasis falls on essential suppliers of cosmetic esters like isopropyl palmitate, renowned for their moisturizing and solubilizing properties. In this blog, we profile the Top 10 Companies in the Cosmetic Grade Isopropyl Palmitate Market—a diverse group of chemical leaders, oleochemical specialists, and innovation-driven firms propelling the evolution of global beauty and personal care solutions.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: High-purity isopropyl palmitate (content ≥99%), emollients for skincare and haircare formulations

BASF stands as a global powerhouse in the chemical industry, with its Care Chemicals division leading the supply of cosmetic-grade isopropyl palmitate. This company provides high-quality esters that meet international standards like those from the Cosmetic Ingredient Review (CIR), ensuring safety and efficacy in personal care products, and supports sustainable manufacturing processes aligned with the clean beauty movement.

Sustainability Initiatives:

• Commitment to 100% renewable raw materials in cosmetic ingredients by 2030

• Partnerships with palm oil certification bodies like RSPO for sustainable sourcing

• Investment in biotech-derived alternatives to traditional esters

Download FREE Sample Report: Cosmetic Grade Isopropyl Palmitate Market – View in Detailed Research Report

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9️⃣ 2. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: TEGOSOFT IP, cosmetic-grade isopropyl palmitate for makeup and skin care

Evonik is a prominent player in specialty chemicals, renowned for its TEGOSOFT line of emollients, including high-grade isopropyl palmitate that excels in solubilizing lipophilic actives for perfumes, foundations, and body oils used by leading cosmetic houses.

Sustainability Initiatives:

• Development of bio-based isopropyl palmitate from renewable feedstocks

• Collaboration with suppliers to achieve zero-deforestation supply chains

• Reduction of carbon footprint in ester production through energy-efficient processes

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8️⃣ 3. Croda International Plc

Headquarters: Goole, East Riding of Yorkshire, United Kingdom
Key Offering: Arlamol IPM, isopropyl palmitate variants for hair care and color cosmetics

Croda excels in natural and sustainable ingredients, with its Arlamol IPM being a high-purity isopropyl palmitate tailored for personal care applications that imparts a dry, talc-like finish in powders and sticks, ideal for deodorants, lip balms, and mascaras.

Sustainability Initiatives:

• 100% RSPO-certified palm derivatives in cosmetic production

• Launch of biodegradable emollient alternatives

• Carbon-neutral manufacturing goals by 2040

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7️⃣ 4. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: Lexgard IPM, cosmetic-grade isopropyl palmitate for preservation and emolliency

Eastman is a leader in specialty materials, offering Lexgard IPM as a multifunctional isopropyl palmitate that combines emolliency with mild preservation properties, suitable for water-free formulations like anhydrous balms and oil-based cleansers.

Sustainability Initiatives:

• Sustainable palm oil procurement aligned with ISPO standards

• Development of recycled-content esters

• Energy reduction in distillation processes for lower emissions

Download FREE Sample Report: Cosmetic Grade Isopropyl Palmitate Market – View in Detailed Research Report

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6️⃣ 5. Kao Corporation

Headquarters: Tokyo, Japan
Key Offering: Isopropyl palmitate for Asian skincare and hair care products

Kao Corporation, a Japanese multinational, specializes in consumer products and chemicals, delivering high-grade isopropyl palmitate optimized for lightweight textures favored in Asian beauty routines and compatible with water-in-oil emulsions in BB creams and essences.

Sustainability Initiatives:

• RSPO membership for ethical palm sourcing

• R&D in plant-based ester substitutes

• Water conservation in manufacturing operations

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5️⃣ 6. Wilmar International Limited

Headquarters: Singapore
Key Offering: Oleochemical-derived isopropyl palmitate for industrial and cosmetic uses

Wilmar, one of the world’s largest palm oil companies, leverages its vast supply chain to produce cosmetic-grade isopropyl palmitate at competitive scales, serving as an effective emollient in body butters and conditioners with ≥99% purity.

Sustainability Initiatives:

• Full RSPO certification across palm operations

• Investment in traceability tech for raw materials

• Biodiversity protection in sourcing regions

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4️⃣ 7. KLK OLEO

Headquarters: Shah Alam, Selangor, Malaysia
Key Offering: PALMESTER IPM, high-purity isopropyl palmitate for skincare emulsions

KLK OLEO, part of the KLK Group, is a leading oleochemical producer specializing in palm-based esters like PALMESTER IPM, a cosmetic-grade isopropyl palmitate renowned for its clarity and stability in O/W creams and lotions.

Sustainability Initiatives:

• MSPO compliance for Malaysian sustainable palm oil

• Development of waste-minimizing production lines

• Community programs for sustainable agriculture

Download FREE Sample Report: Cosmetic Grade Isopropyl Palmitate Market – View in Detailed Research Report

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3️⃣ 8. Musim Mas Group

Headquarters: Singapore
Key Offering: Isopropyl palmitate from certified sustainable palm sources for makeup and hair products

Musim Mas is a vertically integrated palm oil giant, producing cosmetic-grade isopropyl palmitate that emphasizes sustainability and purity, supporting pigment wetting in foundations and detangling in shampoos with ≥99% content.

Sustainability Initiatives:

• ISCC-certified sustainable supply chains

• Reforestation projects in Indonesia

• Low-emission refining technologies

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2️⃣ 9. Stepan Company

Headquarters: Northfield, Illinois, USA
Key Offering: MAZOL IPP, isopropyl palmitate for emulsifiers in personal care

Stepan, a surfactants specialist, offers MAZOL IPP as a versatile cosmetic-grade isopropyl palmitate for stabilizing emulsions in creams and conditioners, with purity ≥99% meeting USP standards for U.S.-centric formulations.

Sustainability Initiatives:

• Bio-preferred certifications for ingredients

• Water recycling in production

• Supply chain carbon audits

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1️⃣ 10. INOLEX Incorporated

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: LexGard IPM NC, natural-compatible isopropyl palmitate for clean beauty

INOLEX specializes in sustainable cosmetics, providing LexGard IPM NC as a high-purity isopropyl palmitate for preservation in natural formulations, excelling in lotions and gels with ≥99% purity without parabens.

Sustainability Initiatives:

• 100% renewable-derived emollients

• Cruelty-free and Leaping Bunny approved

• Biodegradability testing for all products

Read Full Report: Cosmetic Grade Isopropyl Palmitate Market – View in Detailed Research Report

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🌍 Outlook: The Future of Cosmetic Grade Isopropyl Palmitate Is Sustainable and Innovative

The cosmetic grade isopropyl palmitate market is experiencing a transformative phase. While traditional palm-derived versions hold the majority share, the industry is investing in bio-based alternatives, advanced synthesis methods, and integrated supply chains for environmental responsibility.

📈 Key Trends Shaping the Market:

• Rapid expansion of sustainable sourcing in Asia-Pacific, Europe, and North America

• Regulatory mandates for biodegradable ingredients and palm oil traceability by 2030

• Digital tools for formulation simulation and supply chain transparency

• Collaborations between chemical firms and beauty brands for custom emollients

Read Full Report: Cosmetic Grade Isopropyl Palmitate Market – View in Detailed Research Report

The companies profiled here are not only key suppliers in the isopropyl palmitate space—they’re at the helm of the green beauty transformation.