Methyl Ethyl Ketone Market
Methyl Ethyl
Ketone Market To
Reach USD 4.93
Billion By 2027
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Market
Increasing demand for methyl ethySl kuetomne min thaer oynline 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 odo r. 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. 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.
To identify the key trends in the industry, click on the link below:
https://www.reportsanddata.com/report-detail/methyl-ethyl-ketone-market
Market
End-Use Outlook (RevenuSe: uUSmD Bimlliona; rVoylume: 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
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.
Market
Summary
Regional Outlook (Revenue, USD Billion; 2017-2027)
• North America
• U.S
• Europe
• U.K
• France
• Asia Pacific
• China
• India
• Japan
• Middle East & Africa
• Latin America
• Brazil
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John Watson
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