The Global Isopropyl Stearate (IPS) Market was valued at USD 156.8 Million in 2024 and is projected to reach USD 212.3 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2030). This steady expansion is driven by escalating demand from the cosmetics and personal care industry, the versatility of IPS as an effective emollient and chemical intermediate, and the rising consumption of specialty chemicals across manufacturing sectors.

As consumer preferences shift toward high-performance and multifunctional ingredients in personal care products, and as industrial applications demand more efficient chemical reagents, the role of key IPS manufacturers becomes increasingly critical. In this analysis, we profile the Top 10 Companies in the Isopropyl Stearate (IPS) Industry—a blend of global chemical giants, specialty oleochemical producers, and innovative suppliers shaping the supply chain for this essential ester.

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🔟 1. KLK OLEO

Headquarters: Kuala Lumpur, Malaysia
Key Offering: High-Purity Isopropyl Stearate (Cosmetic & Industrial Grades)

KLK OLEO is a leading global integrated oleochemical manufacturer and a major supplier of Isopropyl Stearate. Leveraging its vast upstream palm oil-based feedstock, the company produces a consistent and high-quality IPS portfolio catering to diverse industrial and cosmetic applications worldwide.

Key Strengths and Initiatives:

• Vertically integrated supply chain from sustainable palm oil sources

• Strong focus on R&D for product innovation and application development

• Global distribution network ensuring reliable supply to international markets

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Isopropyl Stearate (IPS) Market – View in Detailed Research Report

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9️⃣ 2. Nantong Runfeng Petrochemical Co., Ltd.

Headquarters: Nantong, Jiangsu, China
Key Offering: Technical and Cosmetic Grade Isopropyl Stearate

Nantong Runfeng is a significant Chinese manufacturer specializing in fatty acid esters, including Isopropyl Stearate. The company has established a strong presence in the Asia-Pacific region and serves a broad customer base in the personal care and industrial sectors with cost-effective solutions.

Key Strengths and Initiatives:

• Competitive pricing and large-scale production capabilities

• Strategic location within a major chemical manufacturing hub in China

• Expanding export operations to Europe and North America

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8️⃣ 3. Zhejiang Hengxiang Chemical Co., Ltd.

Headquarters: Shaoxing, Zhejiang, China
Key Offering: IPS (Above 99% Purity), Custom Ester Formulations

Zhejiang Hengxiang Chemical is a reputable producer of fine chemicals and intermediates, with Isopropyl Stearate being a key product in its portfolio. The company is known for its focus on quality control and its ability to serve specialized application requirements.

Key Strengths and Initiatives:

• Specialization in high-purity grades for demanding applications

• Strong technical support and customer service for formulation advice

• Continuous investment in production technology upgrades

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7️⃣ 4. Haiyan Fine Chemical Co., Ltd.

Headquarters: Jiaxing, Zhejiang, China
Key Offering: Industrial and Cosmetic Grade Isopropyl Stearate

Haiyan Fine Chemical is another prominent Chinese player in the fatty acid esters market. The company manufactures Isopropyl Stearate that is widely used as an emulsifier, lubricant, and softening agent across various end-use industries.

Key Strengths and Initiatives:

• Established track record and experience in esterification processes

• Flexible manufacturing able to adjust to varying market demands

• Focus on maintaining consistent product quality for brand loyalty

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Isopropyl Stearate (IPS) Market – View in Detailed Research Report

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6️⃣ 5. IKGCHEM

Headquarters: Seoul, South Korea
Key Offering: High-Purity Isopropyl Stearate for Cosmetics

IKGCHEM is a South Korean specialty chemical company with a focus on ingredients for the personal care and cosmetic industry. It supplies high-grade Isopropyl Stearate that meets stringent international quality and safety standards.

Key Strengths and Initiatives:

• Strong orientation toward the high-value cosmetics sector

• Commitment to regulatory compliance (REACH, K-REACH, etc.)

• Technical expertise in developing esters for specific sensory profiles

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5️⃣ 6. J&H CHEM

Headquarters: Shanghai, China
Key Offering: Isopropyl Stearate, Pharmaceutical and Reagent Grades

J&H CHEM operates as a supplier and distributor of fine chemicals, including Isopropyl Stearate. The company serves a global clientele, providing not only standard grades but also catering to niche applications in pharmaceuticals and laboratory reagents.

Key Strengths and Initiatives:

• Diverse product portfolio serving multiple niche markets

• Robust logistics and supply chain management for exports

• Focus on building long-term partnerships with distributors and end-users

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4️⃣ 7. Wilmar International Ltd.

Headquarters: Singapore
Key Offering: Oleochemicals including Isopropyl Stearate precursors and derivatives

While not a direct producer of IPS in all regions, Wilmar International is a global agribusiness giant with massive oleochemical operations. Its production of stearic acid and fatty alcohols provides essential feedstock for the IPS market, influencing global supply and pricing.

Key Strengths and Initiatives:

• World’s leading palm oil processor with immense feedstock control

• Integrated operations from plantations to refined oleochemicals

• Sustainability commitments through the Roundtable on Sustainable Palm Oil (RSPO)

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3️⃣ 8. Emery Oleochemicals

Headquarters: Kuala Lumpur, Malaysia
Key Offering: Specialty esters and oleochemical solutions

Emery Oleochemicals is a leading, global specialty chemicals producer derived from natural-based raw materials. The company’s expertise in esterification positions it as a key player capable of producing high-performance esters like Isopropyl Stearate for specialized applications.

Key Strengths and Initiatives:

• Strong technological heritage and expertise in chemical synthesis

• Focus on green chemistry and bio-based product innovation

• Global manufacturing footprint and technical service centers

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2️⃣ 9. Alfa Chemistry

Headquarters: New York, USA
Key Offering: Laboratory and Research Grade Isopropyl Stearate

Alfa Chemistry is a global supplier of chemicals and materials for research and development. It provides high-purity Isopropyl Stearate primarily to academic institutions, research labs, and industries for R&D and small-scale pilot projects.

Key Strengths and Initiatives:

• Extensive catalog of rare and high-purity chemicals for research

• Rapid delivery and support for the scientific community

• Online platform facilitating easy access for researchers worldwide

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1️⃣ 10. Tokyo Chemical Industry Co., Ltd. (TCI)

Headquarters: Tokyo, Japan
Key Offering: High-Purity Isopropyl Stearate for Analysis and R&D

TCI is a leading worldwide supplier of high-performance organic chemicals. The company offers Isopropyl Stearate of exceptional purity, targeting the pharmaceutical, analytical, and advanced materials research sectors where specification consistency is paramount.

Key Strengths and Initiatives:

• Reputation for unparalleled purity and quality assurance

• Strong presence in the demanding Japanese and international research markets

• Continuous expansion of its product portfolio to support cutting-edge research

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Isopropyl Stearate (IPS) Market – View in Detailed Research Report

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🌍 Outlook: The Future of Isopropyl Stearate Is Driven by Green and High-Performance Trends

The Isopropyl Stearate market is experiencing a steady evolution. While traditional applications in personal care remain the foundation, the industry is increasingly influenced by the demand for sustainable sourcing, multifunctional ingredients, and purity-driven specifications for advanced applications.

📈 Key Trends Shaping the Market:

• Growing consumer demand for natural and bio-based ingredients in cosmetics, pressuring manufacturers to adopt sustainable practices.

• Innovation in ester chemistry to develop IPS variants with enhanced properties like improved spreadability, higher thermal stability, or better biocompatibility.

• Expansion into new application areas, such as pharmaceuticals (as an excipient) and specialty lubricants, creating fresh growth avenues.

• Increasing regulatory scrutiny and the need for certifications (e.g., RSPO, COSMOS) to access key markets, particularly in Europe and North America.

Get Full Report Here:
Isopropyl Stearate (IPS) Market – View in Detailed Research Report

The companies listed above are not only supplying a crucial chemical intermediate—they are actively participating in the innovation and sustainable transformation of the global specialty chemicals landscape.