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Methyl Ethyl Ketone Market

The study segments Methyl Ethyl Ketone industry in light of major classification such as product type, potential markets, application, and end-user.

RayMarchant
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Methyl Ethyl Ketone Market

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  1. Methyl Ethyl Ketone Market To Reach USD 4.93 Billion By 2027

  2. 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.

  3. Our Approach Our Approach Market Summary 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 forecastperiod. 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. Requestfor a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2459

  4. Our Approach Our Approach Market Summary Key participants include LCY Chemical Corp., ExxonMobil, Royal Dutch Shell PLC, Maruzen Petrochemicals, Arkema S.A, Celanese Corporation,EastmanChemical Company,PetroChina, SasolLimited, and ISUChemical. 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-UseOutlook(Revenue:USD Billion; Volume: Kilo Tons; 2016-2027) • Direct Solvent • Chemical Intermediate • Chemical Reagents • Others Sales ChannelOutlook (Revenue:USD Billion; Volume: Kilo Tons; 2016-2027) • Online Retailing • Offline Retailing ApplicationsOutlook(Revenue:USD Billion;Volume:Kilo Tons;2016-2027) • Paints & Coatings • Rubber & Adhesive • Chemical & Pharmaceuticals • Food Packaging& Flavoring • Others

  5. Our Approach Our Approach Market Summary Regional Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027) •North America •Europe •Asia Pacific •MEA •Latin America Order Now: https://www.reportsanddata.com/checkout-form/2459

  6. About Us Our Approach Our Approach About Us 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. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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