Methyl Ethyl Ketone Market By Reports And Data
                     Methyl Ethyl Ketone Market To 
Reach USD 4.93 Billion By 2027
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       Market  Summary
Increasing demand for methyl ethyl ketone in the online retailing 
business, coupled with high investment in R&D of methyl ethyl 
ketone, is fueling the market growth.
Market Size – USD 3.07 Billion in 2018, Market Growth - CAGR of 
5.3%, Market trends – Increase in demand for methyl ethyl 
ketone in the paints & coatings applications.
The Global Methyl Ethyl Ketone Market is forecast to reach USD 
4.93 Billion by 2027, according to a new report by Reports and 
Data. The Methyl Ethyl Ketone (MEK) is an aliphatic ketone with a 
colorless or pale yellow shade, flammable, highly water-soluble 
industrial and commercial chemical with a strong, pungent odor. 
Methyl ethyl ketone is mostly used as a solvent in the 
manufacturing of surface coating applications and also widely 
utilized as an intermediate solvent chemical in the formulation of 
various chemical processing. 
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Paints, inks, synthetic resin, varnishes, surface coating, and denaturant, food flavoring in many ethanol 
formulations are some of its chemical applications. Methyl ethyl ketone, for its combination of high solvent 
activity with low density, is very useful in developing high-solid coatings and highly demanded in the 
coating industry. The continuous expansion of the paint & coatings, varnishes, adhesives, inks, food 
flavoring agent, and food-contact packaging products are expected to drive the demand throughout the 
forecast period.
Further key findings from the report suggest
• Chemical intermediate segment is measured to grow at the CAGR of 5.2% in the forecast period. Methyl 
ethyl ketone is utilized as the active chemical & organic intermediate in plasticizer & plastics manufacturing.
• Methyl ethyl ketone is a synthetic chemical compound used in the direct solvent and widely used in the 
direct chemical formulations. Specialty coating, powder coating, waterborne coatings, inks, varnishes, 
lacquers, direct extraction agent in the dewaxing & deoiling of the petroleum products are some of its end-
use applications. The direct solvent is forecasted to reach a market share of 34.5% by 2027 growing with a 
rate of 5.6% during the period 2019 – 2027.
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Key participants include LCY Chemical Corp., ExxonMobil, Royal Dutch Shell PLC, Maruzen Petrochemicals, Arkema S.A, 
Celanese Corporation, Eastman Chemical Company, Petro China, Sasol Limited, and ISU Chemical.
For the purpose of this report, Reports and Data have segmented the global methyl ethyl ketone market on the basis of 
the end-use, sales channel, applications, and region:
End-Use Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027)
• Direct Solvent
• Chemical Intermediate
• Chemical Reagents
• Others
Sales Channel Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027)
• Online Retailing
• Offline Retailing
Applications Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027)
• Paints & Coatings
• Rubber & Adhesive
• Chemical & Pharmaceuticals
• Food Packaging & Flavoring
• Others
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Regional Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027)
•North America
•Europe
•Asia Pacific
•MEA
•Latin America
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