The Global Isopropyl Stearate (IPS) Market was valued at USD 48.2 Million in 2024 and is projected to reach USD 65.8 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period (2024–2030). This consistent growth is primarily driven by the expanding global cosmetics and personal care industry, rising demand for high-quality chemical reagents, and the versatile application of IPS as an effective emollient, thickening agent, and lubricant.

As consumer preferences shift towards high-performance, natural-feeling personal care products and industrial formulations demand greater efficiency, the role of specialized chemical intermediates like Isopropyl Stearate becomes increasingly critical. In this blog, we profile the Top 10 Companies in the Isopropyl Stearate Industry—a group of specialized chemical manufacturers and suppliers shaping product efficacy and sustainability across diverse sectors.

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🔟 1. KLK OLEO

Headquarters: Kuala Lumpur, Malaysia
Key Offering: High-Purity Isopropyl Stearate, Oleochemical Derivatives

KLK OLEO is a global leader in oleochemicals, producing a wide range of esters, including high-grade Isopropyl Stearate. Their extensive manufacturing footprint and commitment to sustainable, bio-based raw materials position them as a key supplier to the global market.

Sustainability Initiatives:

• Integrated supply chain from sustainable palm oil plantations

• Investment in green chemistry and process optimization

• RSPO (Roundtable on Sustainable Palm Oil) certified production

Download FREE Sample Report:
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: Industrial & Cosmetic Grade IPS, Stearic Acid Derivatives

Nantong Runfeng is a major Chinese producer of stearic acid and its esters. The company has significant production capacity for Isopropyl Stearate, catering to both domestic and international markets with a focus on competitive pricing and consistent quality.

Sustainability Initiatives:

• Modernization of production facilities for reduced environmental impact

• Development of more efficient catalytic processes

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8️⃣ 3. Zhejiang Hengxiang Chemical Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: IPS (Above 99% and 99.5% purity), Custom Esters

Zhejiang Hengxiang Chemical specializes in the research, development, and production of fine chemicals and pharmaceutical intermediates. Their high-purity Isopropyl Stearate is widely used in premium cosmetic formulations and specialized industrial applications.

Sustainability Initiatives:

• Focus on R&D for eco-friendly production techniques

• Strict adherence to international quality and safety standards (REACH, ISO)

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7️⃣ 4. Haiyan Fine Chemical Co., Ltd.

Headquarters: Jiaxing, Zhejiang, China
Key Offering: Cosmetic-Grade IPS, Fatty Acid Esters

Haiyan Fine Chemical is a reputable manufacturer of chemical additives for the cosmetics, plastics, and coatings industries. The company produces high-quality Isopropyl Stearate known for its excellent stability and performance in end-products.

Sustainability Initiatives:

• Implementation of waste reduction and recycling programs

• Continuous improvement of energy efficiency in manufacturing

Download FREE Sample Report:
Isopropyl Stearate (IPS) Market – View in Detailed Research Report

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6️⃣ 5. IKGCHEM

Headquarters: Seoul, South Korea
Key Offering: High-Purity Chemical Reagents, IPS for R&D

IKGCHEM serves the global research and development sector by providing high-purity chemicals, including Isopropyl Stearate, to pharmaceutical companies, academic institutions, and specialty chemical manufacturers. Their focus is on precision and reliability for critical applications.

Sustainability Initiatives:

• Supply chain transparency and responsible sourcing

• Development of safer chemical alternatives through collaborative research

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5️⃣ 6. J&H CHEM

Headquarters: Shanghai, China
Key Offering: IPS, Pharmaceutical Intermediates, Fine Chemicals

J&H CHEM is a supplier and distributor of fine chemicals and intermediates with a strong presence in the Asian market. They provide Isopropyl Stearate to a diverse clientele, emphasizing logistical efficiency and customer-specific solutions.

Sustainability Initiatives:

• Partnerships with manufacturers adhering to environmental regulations

• Promotion of green chemistry principles within its supplier network

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4️⃣ 7. Wilmar International Limited

Headquarters: Singapore
Key Offering: Oleochemicals, Vegetable Oils, IPS

While better known for its agribusiness, Wilmar’s oleochemical division is a significant player in the production of ester derivatives, including Isopropyl Stearate. Their vertically integrated model ensures control over raw material quality and cost.

Sustainability Initiatives:

• No-deforestation, no-peat, no-exploitation (NDPE) commitment

• Large-scale investment in traceability and sustainable agriculture

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3️⃣ 8. Emery Oleochemicals

Headquarters: Kuala Lumpur, Malaysia
Key Offering: Green Polymer Additives, Oleochemicals, Specialty Esters

Emery Oleochemicals is a leading global, integrated producer of oleochemicals. Their product portfolio includes a range of esters for personal care, and while Isopropyl Stearate is part of their capabilities, they focus on higher-value, customized ester solutions.

Sustainability Initiatives:

• “Eco-friendly product designs” as a core R&D focus

• Member of various sustainability roundtables and initiatives

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2️⃣ 9. IOI Oleochemicals

Headquarters: Kuala Lumpur, Malaysia
Key Offering: Fatty Alcohols, Glycerine, Specialty Esters

IOI Oleochemicals is another Malaysian powerhouse in the oleochemical space. With a strong focus on downstream specialty chemicals, they have the capability to produce esters like Isopropyl Stearate for niche markets requiring specific performance attributes.

Sustainability Initiatives:

• Certified sustainable palm oil sourcing

• Active in biodiversity conservation projects

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1️⃣ 10. Acme-Hardesty

Headquarters: Blue Bell, Pennsylvania, USA
Key Offering: Bio-based Chemicals, Distributor of IPS and other Oleochemicals

Acme-Hardesty is a leading distributor of bio-based products in North America. They partner with global manufacturers to supply high-quality Isopropyl Stearate and other oleochemicals to a wide range of industries, offering robust supply chain solutions.

Sustainability Initiatives:

• Championing bio-based and renewable raw materials

• Focus on providing sustainable ingredient alternatives to the market

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

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🌍 Outlook: The Future of Isopropyl Stearate is Bio-based and High-Performance

The Isopropyl Stearate market is evolving in response to dual pressures: the demand for superior product performance and the imperative for greater environmental responsibility. While traditional IPS remains essential, the industry is increasingly exploring bio-based feedstocks and green manufacturing processes.

📈 Key Trends Shaping the Market:

• Growing consumer demand for natural and sustainable ingredients in cosmetics

• Technological advancements in esterification processes for higher purity and yield

• Expansion into emerging pharmaceutical and agrochemical applications

• Increased regulatory scrutiny and emphasis on supply chain sustainability, particularly for palm oil derivatives

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

The companies listed above are not only supplying a critical chemical intermediate—they are enabling the innovation and sustainability of countless end-products used worldwide.