The Global Isopropyl Ethanoate Market (also known as Isopropyl Acetate) was valued at USD 783.2 Million in 2025 and is projected to reach USD 1.02 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period (2024–2030). This robust growth is primarily driven by its extensive use as a high-performance solvent in the paints & coatings, printing inks, and pharmaceutical industries, coupled with increasing demand for eco-friendly solvent solutions in Asia-Pacific and North American markets.

As regulatory pressures push industries toward lower-VOC (Volatile Organic Compound) formulations and safer chemical handling, the focus intensifies on the key producers who are innovating in production efficiency, purity standards, and sustainable practices. In this blog, we profile the Top 10 Companies in the Isopropyl Ethanoate Industry—a blend of global chemical giants and specialized manufacturers shaping the supply chain for this versatile ester.

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🔟 1. Eastman Chemical Company

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

Eastman Chemical is a leading global producer of specialty chemicals, including a high-quality Isopropyl Acetate portfolio. Their product is known for its consistent purity and is supplied to major industrial clients in coatings, inks, and chemical synthesis sectors worldwide.

Innovation & Sustainability Initiatives:

• Investment in bio-derived acetic acid pathways for sustainable ester production

• Adherence to stringent product stewardship and responsible distribution principles

• Global supply chain optimization to ensure reliable delivery

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9️⃣ 2. Seqens

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

Seqens is a major European integrated player specializing in fine chemicals and pharmaceutical ingredients. Its production of high-purity Isopropyl Ethanoate meets the rigorous standards required for pharmaceutical applications and specialty industrial uses.

Innovation & Sustainability Initiatives:

• Focus on green chemistry principles in manufacturing processes

• Strong R&D capabilities for custom synthesis and purity enhancement

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

Headquarters: Huangshan, Anhui, China
Key Offering: Isopropyl Acetate (98% and 99% Purity Grades)

Huangshan Basihui is a significant Chinese manufacturer of chemical auxiliaries and solvents. The company has a strong domestic presence and is expanding its export footprint, supplying cost-effective Isopropyl Acetate to the Asian paint and adhesive markets.

Innovation & Sustainability Initiatives:

• Capacity expansions to meet growing domestic demand

• Process optimization for improved yield and reduced waste

Download FREE Sample Report:
Global Isopropyl Ethanoate Market – View in Detailed Research Report

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7️⃣ 4. Lemon-flex Company Limited

Headquarters: Shanghai, China
Key Offering: Isopropyl Acetate Solvent

Lemon-flex is a specialized chemical supplier focusing on solvent production and distribution. The company serves a broad clientele in the coatings, ink, and cleaning product industries, with a reliable supply of Isopropyl Ethanoate.

Innovation & Sustainability Initiatives:

• Development of tailored solvent blends for specific customer applications

• Investment in logistics for efficient distribution across China and Southeast Asia

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6️⃣ 5. Yixing Kaixin Chemical Co., Ltd.

Headquarters: Yixing, Jiangsu, China
Key Offering: Industrial Grade Isopropyl Acetate

Yixing Kaixin is a well-established chemical manufacturer in China’s Jiangsu province, a major chemical industry hub. The company produces a range of solvents, including Isopropyl Acetate, for both domestic consumption and international export markets.

Innovation & Sustainability Initiatives:

• Modern manufacturing facilities with advanced quality control systems

• Focus on competitive pricing for volume-driven industrial markets

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5️⃣ 6. Showa Denko K.K. (SDK)

Headquarters: Tokyo, Japan
Key Offering: High-Purity Isopropyl Acetate for Electronics and Fine Chemicals

Showa Denko is a leading Japanese chemical company producing a diverse range of products. Its high-purity Isopropyl Acetate is used in demanding applications such as electronics cleaning and the synthesis of high-value fine chemicals.

Innovation & Sustainability Initiatives:

• R&D in ultra-high-purity solvents for the semiconductor industry

• Commitment to the Japanese Chemical Industry Association’s responsible care program

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4️⃣ 7. Jiangsu Ruijia Chemical Co., Ltd.

Headquarters: Taizhou, Jiangsu, China
Key Offering: Isopropyl Acetate (Various Grades)

Jiangsu Ruijia Chemical is a prominent manufacturer in the East China chemical corridor. The company has substantial production capacity for esters like Isopropyl Acetate, catering to the robust demand from regional coating and ink manufacturers.

Innovation & Sustainability Initiatives:

• Continuous process improvement for energy efficiency

• Expansion of export-oriented production capabilities

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3️⃣ 8. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Specialty Solvents including Isopropyl Acetate

Solvay is a global advanced materials and specialty chemicals company. While not a primary bulk producer, Solvay supplies high-quality Isopropyl Acetate as part of its broader solvent portfolio, often for specialized applications requiring guaranteed purity and performance.

Innovation & Sustainability Initiatives:

• Strong emphasis on sustainable chemistry and circular economy principles

• Development of solvent recovery and recycling technologies

Download FREE Sample Report:
Global Isopropyl Ethanoate Market – View in Detailed Research Report

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2️⃣ 9. Daicel Corporation

Headquarters: Osaka, Japan
Key Offering: High-Grade Isopropyl Acetate

Daicel is a diversified Japanese chemical company with expertise in organic chemicals, plastics, and pyrotechnics. It produces high-grade Isopropyl Acetate, leveraging its strong technological base in esterification processes for various industrial segments.

Innovation & Sustainability Initiatives:

• Advanced catalyst technology for efficient production

• Focus on safety and quality management systems (ISO standards)

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1️⃣ 10. Chang Chun Group

Headquarters: Taipei, Taiwan
Key Offering: Isopropyl Acetate for Plastics and Coatings

Chang Chun Group is a major petrochemical and precision chemical company in Taiwan. It produces Isopropyl Acetate used extensively as a solvent in the region’s thriving plastics, synthetic leather, and coating industries.

Innovation & Sustainability Initiatives:

• Vertical integration with upstream petrochemical feedstocks

• Investment in R&D for new solvent applications and formulations

Get Full Report Here:
Global Isopropyl Ethanoate Market – View in Detailed Research Report

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🌍 Outlook: The Future of Isopropyl Ethanoate Is Driven by Sustainability and Performance

The Isopropyl Ethanoate market is evolving beyond its traditional role as a workhorse solvent. While its excellent solvency properties for resins, cellulose derivatives, and oils remain the core driver, the industry is increasingly shaped by environmental regulations and the demand for safer, more sustainable chemical solutions.

📈 Key Trends Shaping the Market:

• Shift to Low-VOC Formulations: Stricter VOC regulations in North America and Europe are pushing paint, coating, and ink formulators to use solvents like Isopropyl Acetate, which offers favorable evaporation rates and lower toxicity compared to some alternatives.

• Asia-Pacific Dominance in Production and Consumption: China’s massive chemical manufacturing base makes it the largest producer and consumer, with demand also growing strongly in India and Southeast Asia due to industrial expansion.

• Pharmaceutical Industry Growth: The use of high-purity Isopropyl Acetate as a reaction solvent and extraction agent in Active Pharmaceutical Ingredient (API) manufacturing is a significant and high-value growth segment.

• Bio-based Feedstock Exploration: While currently produced from petrochemical-derived acetic acid and isopropanol, R&D is ongoing into producing Isopropyl Acetate from renewable bio-based feedstocks to enhance sustainability credentials.

Get Full Report Here:
Global Isopropyl Ethanoate Market – View in Detailed Research Report

The companies profiled above are not just supplying a chemical; they are enabling innovation across multiple industries by providing a critical solvent that balances performance with evolving environmental and safety needs. As the global economy advances, the demand for reliable, high-quality Isopropyl Ethanoate is set to remain firmly on an upward trajectory.