The Global Isopropyl Ethanoate Market was valued at USD 485.2 Million in 2023 and is projected to reach USD 672.8 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period (2024–2030). This sustained expansion is primarily fueled by its extensive application as a high-performance solvent in the paints & coatings, printing inks, and pharmaceutical industries, coupled with rising demand for fast-evaporating and low-toxicity alternatives.

As industries worldwide prioritize efficiency, safety, and environmental compliance, the role of versatile solvents like isopropyl ethanoate (also known as isopropyl acetate) becomes increasingly critical. In this blog, we profile the Top 10 Companies in the Isopropyl Ethanoate Industry—a group of chemical manufacturers and distributors driving production innovation, supply chain reliability, and sustainable practices.

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🔟 1. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: High-purity Isopropyl Acetate (99%+)

Eastman Chemical is a global specialty materials company and a leading producer of solvents, including isopropyl ethanoate. Its products are renowned for their consistency and high quality, serving demanding applications in coatings, inks, and industrial cleaning. Eastman’s extensive distribution network ensures reliable supply across North America, Europe, and Asia-Pacific.

Innovation and Sustainability Initiatives:

• Investment in sustainable solvent technologies and recycling processes

• Focus on reducing the environmental footprint of its manufacturing operations

• Development of solvent blends with improved performance and lower VOC emissions

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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 chemicals and specialty ingredients, with a strong portfolio of solvents. The company produces high-purity isopropyl ethanoate that meets stringent regulatory standards for pharmaceutical synthesis and other critical applications, leveraging its integrated manufacturing sites.

Innovation and Sustainability Initiatives:

• Commitment to green chemistry principles in solvent production

• R&D focused on bio-based and renewable solvent pathways

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

Headquarters: Huangshan, Anhui, China
Key Offering: 98% and 99% Purity Isopropyl Ethanoate

Huangshan Basihui is a significant chemical manufacturer in China, specializing in solvents and chemical auxiliaries. The company is a key supplier in the Asia-Pacific region, catering to the robust demand from the local paints, coatings, and adhesive industries with cost-effective and reliable products.

Innovation and Sustainability Initiatives:

• Expansion of production capacity to meet growing regional demand

• Implementation of improved production efficiency and waste treatment systems

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7️⃣ 4. Lemon-flex Company Limited

Headquarters: Shanghai, China
Key Offering: Isopropyl Acetate for various industrial applications

Lemon-flex is a specialized chemical supplier with a focus on solvents and intermediates. The company has built a strong reputation for quality and service in the Chinese market and is expanding its international footprint, providing isopropyl ethanoate to a diverse industrial clientele.

Innovation and Sustainability Initiatives:

• Strategic partnerships with end-users to develop tailored solvent solutions

• Focus on supply chain optimization and logistical efficiency

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

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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 producer in one of China’s major chemical industrial zones. The company manufactures a range of solvents, including isopropyl ethanoate, and serves both domestic and export markets, particularly in Southeast Asia.

Innovation and Sustainability Initiatives:

• Continuous process improvement for higher yield and purity

• Adherence to international safety and quality standards

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5️⃣ 6. Shandong Jinyimeng Group Co., Ltd.

Headquarters: Zibo, Shandong, China
Key Offering: Bulk and packaged Isopropyl Acetate

Shandong Jinyimeng Group is a large-scale chemical enterprise with diversified production capabilities. Its solvent division is a major contributor to the regional market, offering competitive pricing and reliable volumes of isopropyl ethanoate for industrial users.

Innovation and Sustainability Initiatives:

• Investment in large-scale, integrated production facilities

• Emphasis on energy efficiency and emission reduction in manufacturing

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4️⃣ 7. Chang Chun Group

Headquarters: Taipei, Taiwan
Key Offering: High-quality solvents including Isopropyl Acetate

Chang Chun Group is a leading chemical company in Taiwan with a global presence. It produces a wide spectrum of chemical products, and its high-purity solvents are used in electronics, plastics, and coatings industries, with isopropyl ethanoate being a key offering.

Innovation and Sustainability Initiatives:

• Strong R&D focus on developing eco-friendly chemical products

• Global certification and compliance with international quality standards

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3️⃣ 8. Jiangsu Ruijia Chemical Co., Ltd.

Headquarters: Taizhou, Jiangsu, China
Key Offering: Isopropyl Acetate for coatings and inks

Jiangsu Ruijia Chemical is a specialized manufacturer of fine chemicals and solvents. The company has carved a niche by supplying high-quality isopropyl ethanoate to the vibrant coatings industry in the Yangtze River Delta region and beyond.

Innovation and Sustainability Initiatives:

• Focus on product quality control and customer-specific specifications

• Active participation in industry associations to stay abreast of regulatory trends

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2️⃣ 9. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Specialty and high-purity solvents

While Solvay’s portfolio is vast, its chemical divisions have the capability and history of producing and distributing key solvents like isopropyl ethanoate, especially for high-value applications in Europe and North America where performance and sustainability are paramount.

Innovation and Sustainability Initiatives:

• Worldleader in sustainable chemistry with ambitious carbon reduction goals

• Development of circular economy models for chemical production

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1️⃣ 10. LCY Chemical Corp.

Headquarters: Taipei, Taiwan
Key Offering: Performance chemicals and solvents

LCY Chemical is a global chemical company with manufacturing sites in Asia and the United States. It produces a range of performance chemicals, including solvents that serve the electronics, rubber, and plasticizers industries, positioning it as a significant player in the supply chain.

Innovation and Sustainability Initiatives:

• Strategic global expansion to enhance supply security

• Commitment to responsible care and sustainable operational practices

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Global Isopropyl Ethanoate Market – View in Detailed Research Report

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🧪 Outlook: The Future of Isopropyl Ethanoate is Driven by Performance and Sustainability

The isopropyl ethanoate market is evolving in response to global industrial trends. While its excellent solvency properties ensure steady demand, the industry is increasingly influenced by the push for greener alternatives and stricter regulatory frameworks concerning VOC emissions.

📈 Key Trends Shaping the Market:

• Growing demand from the Asia-Pacific region, particularly China and India, driven by industrialization

• Increasing adoption in the pharmaceutical industry as a preferred solvent for API synthesis

• R&D into bio-based production routes for isopropyl acetate to enhance sustainability credentials

• Stringent environmental regulations prompting the development of low-VOC and recyclable solvent systems

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

The companies profiled above are not only supplying a critical industrial solvent—they are actively shaping a market that balances performance demands with the imperative for environmental responsibility.