diff --git a/go/arrow/ipc/compression.go b/go/arrow/ipc/compression.go
index 35815a09e10..462b1bad23e 100644
--- a/go/arrow/ipc/compression.go
+++ b/go/arrow/ipc/compression.go
@@ -21,6 +21,7 @@ import (
 
 	"github.com/apache/arrow/go/v11/arrow/internal/debug"
 	"github.com/apache/arrow/go/v11/arrow/internal/flatbuf"
+	"github.com/apache/arrow/go/v11/arrow/memory"
 	"github.com/klauspost/compress/zstd"
 	"github.com/pierrec/lz4/v4"
 )
@@ -118,3 +119,17 @@ func getDecompressor(codec flatbuf.CompressionType) decompressor {
 	}
 	return nil
 }
+
+type bufferWriter struct {
+	buf *memory.Buffer
+	pos int
+}
+
+func (bw *bufferWriter) Write(p []byte) (n int, err error) {
+	if bw.pos+len(p) >= bw.buf.Cap() {
+		bw.buf.Reserve(bw.pos + len(p))
+	}
+	n = copy(bw.buf.Buf()[bw.pos:], p)
+	bw.pos += n
+	return
+}
diff --git a/go/arrow/ipc/writer.go b/go/arrow/ipc/writer.go
index 088c6419526..b8d502c15f4 100644
--- a/go/arrow/ipc/writer.go
+++ b/go/arrow/ipc/writer.go
@@ -17,7 +17,6 @@
 package ipc
 
 import (
-	"bytes"
 	"context"
 	"encoding/binary"
 	"errors"
@@ -330,19 +329,23 @@ func (w *recordEncoder) compressBodyBuffers(p *Payload) error {
 		if p.body[idx] == nil || p.body[idx].Len() == 0 {
 			return nil
 		}
-		var buf bytes.Buffer
-		buf.Grow(codec.MaxCompressedLen(p.body[idx].Len()) + arrow.Int64SizeBytes)
-		if err := binary.Write(&buf, binary.LittleEndian, uint64(p.body[idx].Len())); err != nil {
-			return err
-		}
-		codec.Reset(&buf)
+
+		buf := memory.NewResizableBuffer(w.mem)
+		buf.Reserve(codec.MaxCompressedLen(p.body[idx].Len()) + arrow.Int64SizeBytes)
+
+		binary.LittleEndian.PutUint64(buf.Buf(), uint64(p.body[idx].Len()))
+		bw := &bufferWriter{buf: buf, pos: arrow.Int64SizeBytes}
+		codec.Reset(bw)
 		if _, err := codec.Write(p.body[idx].Bytes()); err != nil {
 			return err
 		}
 		if err := codec.Close(); err != nil {
 			return err
 		}
-		p.body[idx] = memory.NewBufferBytes(buf.Bytes())
+
+		buf.Resize(bw.pos)
+		p.body[idx].Release()
+		p.body[idx] = buf
 		return nil
 	}
 
diff --git a/go/arrow/ipc/writer_test.go b/go/arrow/ipc/writer_test.go
index 73e1bbf0fe3..9ebdf267353 100644
--- a/go/arrow/ipc/writer_test.go
+++ b/go/arrow/ipc/writer_test.go
@@ -144,3 +144,25 @@ func TestWriterCatchPanic(t *testing.T) {
 	writer := NewWriter(buf, WithSchema(schema))
 	assert.EqualError(t, writer.Write(rec), "arrow/ipc: unknown error while writing: runtime error: slice bounds out of range [-1:]")
 }
+
+func TestWriterMemCompression(t *testing.T) {
+	mem := memory.NewCheckedAllocator(memory.NewGoAllocator())
+	defer mem.AssertSize(t, 0)
+
+	schema := arrow.NewSchema([]arrow.Field{
+		{Name: "s", Type: arrow.BinaryTypes.String},
+	}, nil)
+
+	b := array.NewRecordBuilder(mem, schema)
+	defer b.Release()
+
+	b.Field(0).(*array.StringBuilder).AppendValues([]string{"foo", "bar", "baz"}, nil)
+	rec := b.NewRecord()
+	defer rec.Release()
+
+	var buf bytes.Buffer
+	w := NewWriter(&buf, WithAllocator(mem), WithSchema(schema), WithZstd())
+	defer w.Close()
+
+	require.NoError(t, w.Write(rec))
+}