Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Isopropyl Acetoacetate Market by Type (Isopropyl Acetoacetate ?98%, Isopropyl Acetoacetate ?99%, Other), By Application (Agriculture Chemicals, Pharmaceutical, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Isopropyl Acetoacetate Market by Type (Isopropyl Acetoacetate ?98%, Isopropyl Acetoacetate ?99%, Other), By Application (Agriculture Chemicals, Pharmaceutical, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131112 3300 Chemical & Material 377 244 Pages 4.6 (30)

Market Overview:

The global isopropyl acetoacetate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for isopropyl acetoacetate from various applications such as agriculture chemicals, pharmaceuticals, and others. In addition, the growing demand for bio-based products is also contributing to the growth of this market.

Global Isopropyl Acetoacetate Industry Outlook

Product Definition:

Isopropyl acetoacetate is a colorless liquid that is used as a solvent and in the manufacture of other chemicals.

Isopropyl Acetoacetate ?98%:

Isopropyl acetoacetate, also known as IPAA, is an organic compound that is derived from acetic acid and propionic acid. It has a pungent odor similar to nail polish remover and causes severe skin reactions. Isopropyl acetoacetate is used in the production of carboxy methyl cellulose (CMC), which finds application in pharmaceuticals, food additives, cosmetics & toiletries industries.

Isopropyl Acetoacetate ?99%:

Isopropyl acetoacetate, also known as IPAA or 1-isopropyl-3-oxopropanoic acid, is an organic compound and a ketone. It has a molecular weight of 166.15 and the formula C4H6O2.

Application Insights:

Isopropyl acetoacetate is used as a solvent in the manufacturing of agricultural chemicals, pharmaceuticals and other applications. The major application segments include agriculture chemicals, pharmaceuticals and others. In terms of revenue, agriculture chemicals were the largest application segment accounting for USD 39.0 million in 2017 owing to its rising use as an insecticide fumigant and germicide among others.

The product is also used as a solvent in the manufacturing of agrochemicals such as pesticides that are applied directly into plant leaves or soil where they are absorbed by plant tissues or reach systemic circulation through roots & stems making them effective against pests including aphids, mites etc.

Regional Analysis:

Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing product demand in pharmaceutical and agriculture industries. The region accounted for over 50% of global consumption in 2017, which can be attributed to high agricultural production as well as growing population and consumer disposable income levels. China is one of the largest producers and consumers of IPA in this region due to favorable climatic conditions, availability of land, low labor cost, capital investment & operating costs along with easy access to feedstock resources such as glucose syrup (natural gas).

Europe was the second-largest regional market accounting for over 25% share in terms of volume consumed globally on account growth pharmaceutical application segment mainly driven by rising geriatric population prone toward chronic diseases requiring long term medication along with increased healthcare expenditure coupled leading manufacturers are introducing innovative products targeting these applications thereby boosting industry growth across this region.

Growth Factors:

  • Increasing demand for isopropyl acetoacetate in the pharmaceutical and agrochemical industries as a precursor to various drugs and pesticides.
  • Growing demand from emerging economies such as China and India due to rising income levels and increasing population.
  • Rising awareness about the benefits of isopropyl acetoacetate among consumers, which is resulting in an increase in its use across a range of applications.
  • Technological advancements that are helping to improve the quality and purity of isopropyl acetoacetate, thus widening its appeal among consumers.

Scope Of The Report

Report Attributes

Report Details

Report Title

Isopropyl Acetoacetate Market Research Report

By Type

Isopropyl Acetoacetate ?98%, Isopropyl Acetoacetate ?99%, Other

By Application

Agriculture Chemicals, Pharmaceutical, Other

By Companies

Lonza, BASF, King Tang Chemical Group, Exim Corporation, Triveni Interchem, Nantong Acetic Acid Chemical, ...

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Isopropyl Acetoacetate Market Report Segments:

The global Isopropyl Acetoacetate market is segmented on the basis of:


Isopropyl Acetoacetate ?98%, Isopropyl Acetoacetate ?99%, Other

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Agriculture Chemicals, Pharmaceutical, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Lonza
  2. BASF
  3. King Tang Chemical Group
  4. Exim Corporation
  5. Triveni Interchem
  6. Nantong Acetic Acid Chemical
  7. ...

Global Isopropyl Acetoacetate Market Overview

Highlights of The Isopropyl Acetoacetate Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Isopropyl Acetoacetate ?98%
    2. Isopropyl Acetoacetate ?99%
    3. Other
  1. By Application:

    1. Agriculture Chemicals
    2. Pharmaceutical
    3. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Isopropyl Acetoacetate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Isopropyl Acetoacetate Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Isopropyl Acetoacetate is a ketone body produced by the liver when the body breaks down fatty acids. It is used to help control blood sugar levels in people with diabetes.

Some of the key players operating in the isopropyl acetoacetate market are Lonza, BASF, King Tang Chemical Group, Exim Corporation, Triveni Interchem, Nantong Acetic Acid Chemical.

The isopropyl acetoacetate market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Isopropyl Acetoacetate Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Isopropyl Acetoacetate Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Isopropyl Acetoacetate Market - Supply Chain
   4.5. Global Isopropyl Acetoacetate Market Forecast
      4.5.1. Isopropyl Acetoacetate Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Isopropyl Acetoacetate Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Isopropyl Acetoacetate Market Absolute $ Opportunity

5. Global Isopropyl Acetoacetate Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Isopropyl Acetoacetate Market Size and Volume Forecast by Type
      5.3.1. Isopropyl Acetoacetate ?98%
      5.3.2. Isopropyl Acetoacetate ?99%
      5.3.3. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Isopropyl Acetoacetate Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Isopropyl Acetoacetate Market Size and Volume Forecast by Application
      6.3.1. Agriculture Chemicals
      6.3.2. Pharmaceutical
      6.3.3. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Isopropyl Acetoacetate Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Isopropyl Acetoacetate Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Isopropyl Acetoacetate Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Isopropyl Acetoacetate Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Isopropyl Acetoacetate Demand Share Forecast, 2019-2029

9. North America Isopropyl Acetoacetate Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Isopropyl Acetoacetate Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Isopropyl Acetoacetate Market Size and Volume Forecast by Application
      9.4.1. Agriculture Chemicals
      9.4.2. Pharmaceutical
      9.4.3. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Isopropyl Acetoacetate Market Size and Volume Forecast by Type
      9.7.1. Isopropyl Acetoacetate ?98%
      9.7.2. Isopropyl Acetoacetate ?99%
      9.7.3. Other
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Isopropyl Acetoacetate Demand Share Forecast, 2019-2029

10. Latin America Isopropyl Acetoacetate Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Isopropyl Acetoacetate Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Isopropyl Acetoacetate Market Size and Volume Forecast by Application
      10.4.1. Agriculture Chemicals
      10.4.2. Pharmaceutical
      10.4.3. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Isopropyl Acetoacetate Market Size and Volume Forecast by Type
      10.7.1. Isopropyl Acetoacetate ?98%
      10.7.2. Isopropyl Acetoacetate ?99%
      10.7.3. Other
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Isopropyl Acetoacetate Demand Share Forecast, 2019-2029

11. Europe Isopropyl Acetoacetate Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Isopropyl Acetoacetate Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Isopropyl Acetoacetate Market Size and Volume Forecast by Application
      11.4.1. Agriculture Chemicals
      11.4.2. Pharmaceutical
      11.4.3. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Isopropyl Acetoacetate Market Size and Volume Forecast by Type
      11.7.1. Isopropyl Acetoacetate ?98%
      11.7.2. Isopropyl Acetoacetate ?99%
      11.7.3. Other
   11.8. Basis Point Share (BPS) Analyis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Isopropyl Acetoacetate Demand Share, 2019-2029

12. Asia Pacific Isopropyl Acetoacetate Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Isopropyl Acetoacetate Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Isopropyl Acetoacetate Market Size and Volume Forecast by Application
      12.4.1. Agriculture Chemicals
      12.4.2. Pharmaceutical
      12.4.3. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Isopropyl Acetoacetate Market Size and Volume Forecast by Type
      12.7.1. Isopropyl Acetoacetate ?98%
      12.7.2. Isopropyl Acetoacetate ?99%
      12.7.3. Other
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Isopropyl Acetoacetate Demand Share, 2019-2029

13. Middle East & Africa Isopropyl Acetoacetate Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Isopropyl Acetoacetate Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Isopropyl Acetoacetate Market Size and Volume Forecast by Application
      13.4.1. Agriculture Chemicals
      13.4.2. Pharmaceutical
      13.4.3. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Isopropyl Acetoacetate Market Size and Volume Forecast by Type
      13.7.1. Isopropyl Acetoacetate ?98%
      13.7.2. Isopropyl Acetoacetate ?99%
      13.7.3. Other
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Isopropyl Acetoacetate Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Isopropyl Acetoacetate Market: Market Share Analysis
   14.2. Isopropyl Acetoacetate Distributors and Customers
   14.3. Isopropyl Acetoacetate Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Lonza Overview Financials Developments Strategic Outlook
      14.4.2. BASF Overview Financials Developments Strategic Outlook
      14.4.3. King Tang Chemical Group Overview Financials Developments Strategic Outlook
      14.4.4. Exim Corporation Overview Financials Developments Strategic Outlook
      14.4.5. Triveni Interchem Overview Financials Developments Strategic Outlook
      14.4.6. Nantong Acetic Acid Chemical Overview Financials Developments Strategic Outlook
      14.4.7. ... Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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