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Global Methyl Ethyl Ketone (MEK) Market 2015-2019

Global Methyl Ethyl Ketone (MEK) Market 2015-2019

About MEK

MEK also known as butanone is a colorless organic solvent with a pleasant pungent odor. It is used as a solvent for multiple applications due to its outstanding chemical properties such as high viscosity, high evaporation rate, low boiling point, and high solvency. MEK is used in paints and coatings, adhesives and thinners, printing inks, pharmaceutical products, and others.

Technavio's analysts forecast the global MEK market to grow at a CAGR of 4.72% over the period 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the global MEK market for the period 2015-2019. The market can be segmented into five based on application: paints and coatings, adhesives and thinners, printing inks, pharmaceutical products, and others.

Technavio's report, Global MEK Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.Key Regions

  • Americas
  • APAC
  • EMEA
Key Vendors
  • Exxon Mobil
  • Lanzhou Petrochemicals
  • Maruzen Petrochemical
  • Royal Dutch Shell
  • Sasol
Other Prominent Vendors
  • AkzoNobel
  • Arkema
  • Bangkok Synthetics
  • Carboclor
  • Celanese
  • Cetex Petrochemicals
  • China Bluestar Harbin Petrochemical
  • Fushun Petrochemical
  • Heibei Zhongjie Petrochemical
  • Iran Peroxide
  • Jiangyin Qian Chemical
  • Lee Chang Yung Chemical
  • Longxin
  • Luoyang Shuangyue Guhuaji
  • Norac
  • Petrobrazi
  • Polinox
  • Raoyehua
  • Sasol Solvents
  • SK Energy
  • Taizhou Jack Composite Materials
  • Tasco Chemical
  • Tonen Chemical
  • Yingde Power Chemical
  • Yuh Tzong Enterprise
  • Zibo Qixiang Petrochemical Industry Group
Market Driver
  • Growth in Construction and Manufacturing Sectors
  • For a full, detailed list, view our report
Market Challenge
  • Fluctuating Prices of Essential Raw Material
  • For a full, detailed list, view our report
Market Trend
  • Elevated Demand from China and India
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Methyl Ethyl Ketone (MEK) Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Methyl Ethyl Ketone (MEK) Market: Exxon Mobil, Lanzhou Petrochemicals, Maruzen Petrochemical, Royal Dutch Shell and Sasol

Other Prominent Vendors in the market are: AkzoNobel, Arkema, Bangkok Synthetics, Carboclor, Celanese, Cetex Petrochemicals, China Bluestar Harbin Petrochemical, Fushun Petrochemical, Heibei Zhongjie Petrochemical, Iran Peroxide, Jiangyin Qian Chemical, Lee Chang Yung Chemical, Longxin, Luoyang Shuangyue Guhuaji, Norac, Petrobrazi, Polinox, Raoyehua, Sasol Solvents, SK Energy, Taizhou Jack Composite Materials, Tasco Chemical, Tonen Chemical, Yingde Power Chemical, Yuh Tzong Enterprise and Zibo Qixiang Petrochemical Industry Group

Commenting on the report, an analyst from Technavio’s team said: “China is the major country contributing to the demand in the global MEK market. It is the major importer and exporter of MEK. Large manufacturers are setting up their production facilities in China because of the low cost, cheap labour, and skilled workforce. MEK is used in wide applications in end-use sectors such as construction, manufacturing, and industrial. China and India are currently witnessing a boom in the construction sector, thus contributing to the consumption of MEK in various end-use products such as paints and coatings and printing inks, and in related applications.”

According to the report, MEK has strong solvency, low viscosity, and fast evaporative properties. It is used in aerosol paints, architectural coatings, interior clear finishes, undercoats and primers, waterproofing compounds, lubricant greases and oils, automotive chemicals, varnish, varnish removers, thinners, and machinery and automobile paints and primers. The construction and manufacturing sectors are developing at a fast pace in APAC and the Middle East, thus increasing the demand in the MEK market.Further, the report states that with the fluctuations in crude oil prices, manufacturers are looking for alternative solutions, which in turn will affect the growth of the global MEK market.

Companies Mentioned

Exxon Mobil, Lanzhou Petrochemicals, Maruzen Petrochemical, Royal Dutch Shell, Sasol, AkzoNobel, Arkema, Bangkok Synthetics, Carboclor, Celanese, Cetex Petrochemicals, China Bluestar Harbin Petrochemical, Fushun Petrochemical, Heibei Zhongjie Petrochemical, Iran Peroxide, Jiangyin Qian Chemical, Lee Chang Yung Chemical, Longxin, Luoyang Shuangyue Guhuaji, Norac, Petrobrazi, Polinox, Raoyehua, Sasol Solvents, SK Energy, Taizhou Jack Composite Materials, Tasco Chemical, Tonen Chemical, Yingde Power Chemical, Yuh Tzong Enterprise, Zibo Qixiang Petrochemical Industry Group

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Industry Classification
      • Table Global MEK Market Segmentation
    • Physical Properties of MEK
      • Table Physical Properties of MEK
    • MEK Production Process
      • Table MEK Production Process
      • Dehydrogenation of Sec-butyl Alcohol
      • Oxidation of N-butane
  • Global MEK Market
    • Market Size and Forecast by Revenue
      • Table Global MEK Market 2014-2019 ($ billions)
    • Market Size and Forecast by Volume
      • Table Global MEK Market 2014-2019 (million tons)
    • Global Trade Balance
      • Table Imports and Exports of Leading Countries 2014 (million tons)
    • Five Forces Analysis
  • Market Segmentation by Application
    • Global MEK Market by Application 2014-2019
      • Table Global MEK Market by Application 2014 and 2019
    • Global MEK Market for Paints and Coatings Sector
      • Market Size and Forecast
        • Table Global MEK Market for Paints and Coatings Sector 2014-2019 ($ billions)
    • Global MEK Market for Adhesives and Thinners Sector
      • Market Size and Forecast
        • Table Global MEK Market for Adhesives and Thinners Sector 2014-2019 ($ billions)
    • Global MEK Market for Printing Inks Sector
      • Market Size and Forecast
        • Table Global MEK Market for Printing Inks Sector 2014-2019 ($ billions)
    • Global MEK Market for Pharmaceutical Sector
      • Market Size and Forecast
        • Table Global MEK Market for Pharmaceutical Sector 2014-2019 ($ billions)
    • Global MEK Market for Others Segment
      • Market Size and Forecast
        • Table Global MEK Market for Others Segment 2014-2019 ($ billions)
  • Geographical Segmentation
    • Global MEK Market by Geography 2014-2019
      • Table Global MEK Market by Geography 2014 and 2019
    • MEK Market in APAC
      • Market Size and Forecast
        • Table MEK Market in APAC 2014-2019 ($ billions)
    • MEK Market in Americas
      • Market Size and Forecast
        • Table MEK Market in Americas 2014-2019 ($ billions)
    • MEK Market in EMEA
      • Market Size and Forecast
        • Table MEK Market in EMEA 2014-2019 ($ billions)
  • Key Leading Countries
    • China
    • US
    • Japan
  • Buying Criteria
  • Market Growth Drivers
    • Table Leading Regions in Energy and Infrastructure Projects 2013 ($ billions)
  • Drivers and their Impact
  • Market Challenges
    • Table Brent Crude Oil Price TTM ($ per barrel)
    • Table Brent Crude Oil Price Forecast NTM ($ per barrel)
  • Impact of Drivers and Challenges
  • Market Trends
    • Table Consumption of MEK in India 2005-2013 (thousand MT)
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
    • Capacity Share Analysis 2014
      • Table Global MEK Capacity Share Analysis 2014
    • Other Prominent Vendors
  • Key Vendor Analysis
    • ExxonMobil Chemical
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table ExxonMobil Chemical: Business 2013
      • SWOT Analysis
      • Strengths
      • Weaknesses
      • Opportunities
      • Threats
    • Lanzhou Petrochemicals
      • Key Facts
      • Business Overview
      • Major Products
        • Table Lanzhou Petrochemicals : Major Products
      • Key Information
      • SWOT Analysis
    • Maruzen Petrochemical
      • Key Facts
      • Business Overview
      • Recent Developments
      • SWOT Analysis
    • Royal Dutch Shell
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Shell: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Shell: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Shell: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • SWOT Analysis
    • Sasol
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Sasol: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Sasol: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Sasol: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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