Methyl Ethyl Ketone Market


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Uploaded on Feb 17, 2021

Category Business

Methyl Ethyl Ketone Market

Category Business

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Methyl Ethyl Ketone Market

Methyl Ethyl Ketone Market To Reach USD 4.93 Billion By 2027 www.reportsanddata.com 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 About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. John Watson JohnH eWada otfs Bounsiness Development HeadR oefp oBrutss Ainneds Ds aDtae |v Weleobp: mwwenwt.reportsanddata.com RepoDrtisre Actn Ldi nDe:a +ta1 -|2 1W2e-7b1: 0w-1w3w7.0reportsanddata.com DirecEt -Lminaiel:: s [email protected] E-mail: [email protected]