Isopropyl Myristate Market Size Projected to Surge USD 151.12 Million Growth by 2033, Exhibit a CAGR of 8% [Yahoo! Finance]
BASF SE S/ADR (BASFY)
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Source: Yahoo! Finance
The market will experience rapid growth due to the increasing demand for IPM from pharmaceutical industry during the forecast period. Newark, May 08, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 70 million in 2023 global isopropyl myristate market will reach USD 151.12 million in 2033. Isopropyl myristate (IPM) is frequently utilizedused in industrial, medicinal, and cosmetic applications. It is an ester made of myristic acid and isopropyl alcohol. It has a slight odour and is a clear, colourless to pale yellow liquid. IPM is adaptable for a range of formulations because of its low viscosity and solubility in organic solvents and oils. Because it doesn't clog pores, its non-comedogenic nature makes it appropriate for skin types that are oily or prone to acne. Additionally, it makes cosmetic products easier to spread, guaranteeing uniform application and improving consumer satisfaction. Request to Download Sample Research Report – https://www.thebrainyinsight
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