
Global Methyl Ethyl Ketone Market
Description
Global Methyl Ethyl Ketone Market
Global Methyl Ethyl Ketone Market Size, Trends & Growth Opportunity, By Application(Epoxy resin, Solvent, Printing Ink, Adhesive, Lubricants, and Others), By Industry Vertical (Pharmaceutical, Agriculture, Paints & Coatings, Rubber, Packaging, and Others), By Region and Forecast till 2027
Global Methyl Ethyl Ketone Market
Methyl ethyl ketone is also referred as MEK or 2-Butanone which is a colorless vaporous liquid with a pleasant yet pungent smell. It is prima is primarily used as a solvent in the process of gums, resin, cellulose nitrate, and cellulose acetate. MEK also used in the production of paraffin wax. Furthermore, 2-Butanone is used in household products such as lacquers & varnishes, paint & paint removers, and glues & adhesives.
Market Drivers
The increase in demand for methyl ethyl ketone from pharmaceutical and personal care industries expected to boost the global methyl ethyl ketone market over the forecast period. It is used in the manufacturing of antiseptics, lotions, anesthetics, and drugs will positively influence the market growth. Thus, the growing pharmaceutical industry on account of increasing healthcare expenditure in Asia Pacific region is expected to fuel the demand during this forecast period. Also, the increase in vehicle sales over the past few years & expected production rise over the forecast period is likely to propel the global methyl ethyl ketone market growth. Moreover, the increase in demand for agro-chemicals such as pesticides expected to support the market growth.
Market Restraints
The increase in usage of green solvents as well as fluctuations in the raw material prices are the major restraints which are expected to hamper the global methyl ethyl ketone market growth during this timeframe.
Market Segmentation
The Global Methyl Ethyl Ketone Market is segmented into application such as Epoxy resin, Solvent, Printing Ink, Adhesive, Lubricants, and Others. Further, market is segmented into industry vertical such as Pharmaceutical, Agriculture, Paints & Coatings, Rubber, Packaging, and Others.
Also, the Global Methyl Ethyl Ketone Market into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Arkema SA, ExxonMobil Corporation, Fushun Petrochemical Company, Cetex Petrochemicals, Ineos Solvents, Idemitsu Kosan Co. Ltd, Nouryon, Sasol, Tasco Chemicals, Zibo Qixiang Petrochemical Industry Group Co. Ltd, etc.
Market Taxonomy
By Application
Global Methyl Ethyl Ketone Market Size, Trends & Growth Opportunity, By Application(Epoxy resin, Solvent, Printing Ink, Adhesive, Lubricants, and Others), By Industry Vertical (Pharmaceutical, Agriculture, Paints & Coatings, Rubber, Packaging, and Others), By Region and Forecast till 2027
Global Methyl Ethyl Ketone Market
Methyl ethyl ketone is also referred as MEK or 2-Butanone which is a colorless vaporous liquid with a pleasant yet pungent smell. It is prima is primarily used as a solvent in the process of gums, resin, cellulose nitrate, and cellulose acetate. MEK also used in the production of paraffin wax. Furthermore, 2-Butanone is used in household products such as lacquers & varnishes, paint & paint removers, and glues & adhesives.
Market Drivers
The increase in demand for methyl ethyl ketone from pharmaceutical and personal care industries expected to boost the global methyl ethyl ketone market over the forecast period. It is used in the manufacturing of antiseptics, lotions, anesthetics, and drugs will positively influence the market growth. Thus, the growing pharmaceutical industry on account of increasing healthcare expenditure in Asia Pacific region is expected to fuel the demand during this forecast period. Also, the increase in vehicle sales over the past few years & expected production rise over the forecast period is likely to propel the global methyl ethyl ketone market growth. Moreover, the increase in demand for agro-chemicals such as pesticides expected to support the market growth.
Market Restraints
The increase in usage of green solvents as well as fluctuations in the raw material prices are the major restraints which are expected to hamper the global methyl ethyl ketone market growth during this timeframe.
Market Segmentation
The Global Methyl Ethyl Ketone Market is segmented into application such as Epoxy resin, Solvent, Printing Ink, Adhesive, Lubricants, and Others. Further, market is segmented into industry vertical such as Pharmaceutical, Agriculture, Paints & Coatings, Rubber, Packaging, and Others.
Also, the Global Methyl Ethyl Ketone Market into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Arkema SA, ExxonMobil Corporation, Fushun Petrochemical Company, Cetex Petrochemicals, Ineos Solvents, Idemitsu Kosan Co. Ltd, Nouryon, Sasol, Tasco Chemicals, Zibo Qixiang Petrochemical Industry Group Co. Ltd, etc.
Market Taxonomy
By Application
- Epoxy resin
- Solvent
- Printing Ink
- Adhesive
- Lubricants
- Others
- Pharmaceutical
- Agriculture
- Paints & Coatings
- Rubber
- Packaging
- Others
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- What are the Key Opportunities in Global Methyl Ethyl Ketone Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Table of Contents
176 Pages
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Methyl Ethyl Ketone Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Methyl Ethyl Ketone Market, By Application
- 5.1 Y-o-Y Growth Comparison, By Application
- 5.2 Global Methyl Ethyl Ketone Market Share Analysis, By Application
- 5.3 Global Methyl Ethyl Ketone Market Size and Forecast, By Application
- 5.3.1 Epoxy resin
- 5.3.2 Solvent
- 5.3.3 Printing Ink
- 5.3.4 Adhesive
- 5.3.5 Lubricants
- 5.3.6 Others
- 6 Global Methyl Ethyl Ketone Market, By Industry Vertical
- 6.1 Y-o-Y Growth Comparison, By Industry Vertical
- 6.2 Global Methyl Ethyl Ketone Market Share Analysis, By Industry Vertical
- 6.3 Global Methyl Ethyl Ketone Market Size and Forecast, By Industry Vertical
- 6.3.1 Pharmaceutical
- 6.3.2 Agriculture
- 6.3.3 Paints & Coatings
- 6.3.4 Rubber
- 6.3.5 Packaging
- 6.3.6 Others
- 7 Global Methyl Ethyl Ketone Market, By Region
- 7.1 Global Methyl Ethyl Ketone Market Share Analysis, By Region
- 7.2 Global Methyl Ethyl Ketone Market Share Analysis, By Region
- 7.3 Global Methyl Ethyl Ketone Market Size and Forecast, By Region
- 8 North America Methyl Ethyl Ketone Market Analysis and Forecast (2020 – 2027)
- 8.1 Introduction
- 8.2 North America Methyl Ethyl Ketone Market Share Analysis, By Application
- 8.3 North America Methyl Ethyl Ketone Market Size and Forecast, By Industry Vertical
- 8.4 North America Methyl Ethyl Ketone Market Size and Forecast, By Country
- 8.4.1 U.S
- 8.4.2 Canada
- 8.4.3 Mexico
- 9 Europe Methyl Ethyl Ketone Market Analysis and Forecast (2020 – 2027)
- 9.1 Introduction
- 9.2 Europe Methyl Ethyl Ketone Market Share Analysis, By Application
- 9.3 Europe Methyl Ethyl Ketone Market Size and Forecast, By Industry Vertical
- 9.4 Europe Methyl Ethyl Ketone Market Size and Forecast, By Country
- 9.4.1 Germany
- 9.4.2 France
- 9.4.3 UK
- 9.4.4. Rest of Europe
- 10 Asia Pacific Methyl Ethyl Ketone Market Analysis and Forecast (2020 – 2027)
- 10.1 Introduction
- 10.2 Asia Pacific Methyl Ethyl Ketone Market Share Analysis, By Application
- 10.3 Asia Pacific Methyl Ethyl Ketone Market Size and Forecast, By Industry Vertical
- 10.4 Asia Pacific Methyl Ethyl Ketone Market Size and Forecast, By Country
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4. Rest of Asia Pacific
- 11 Latin America Methyl Ethyl Ketone Market Analysis and Forecast (2020 – 2027)
- 11.1 Introduction
- 11.2 Latin America Methyl Ethyl Ketone Market Share Analysis, By Application
- 11.3 Latin America Methyl Ethyl Ketone Market Size and Forecast, By Industry Vertical
- 11.4 Latin America Methyl Ethyl Ketone Market Size and Forecast, By Country
- 12 Middle East Methyl Ethyl Ketone Market Analysis and Forecast (2020 – 2027)
- 12.1 Introduction
- 12.2 Middle East Methyl Ethyl Ketone Market Share Analysis, By Application
- 12.3 Middle East Methyl Ethyl Ketone Market Size and Forecast, By Industry Vertical
- 12.4 Middle East Methyl Ethyl Ketone Market Size and Forecast, By Country
- 13 Competitive Analysis
- 13.1 Competition Dashboard
- 13.2 Market share Analysis of Top Vendors
- 13.3 Key Development Strategies
- 14 Company Profiles
- 14.1 Arkema SA
- 14.1.1 Overview
- 14.1.2 Offerings
- 14.1.3 Key Financials
- 14.1.4 Business Segment & Geographic Overview
- 14.1.5 Key Market Developments
- 14.1.6 Key Strategies
- 14.2 ExxonMobil Corporation
- 14.2.1 Overview
- 14.2.2 Offerings
- 14.2.3 Key Financials
- 14.2.4 Business Segment & Geographic Overview
- 14.2.5 Key Market Developments
- 14.2.6 Key Strategies
- 14.3 Fushun Petrochemical Company
- 14.3.1 Overview
- 14.3.2 Offerings
- 14.3.3 Key Financials
- 14.3.4 Business Segment & Geographic Overview
- 14.3.5 Key Market Developments
- 14.3.6 Key Strategies
- 14.4 Cetex Petrochemicals
- 14.4.1 Overview
- 14.4.2 Offerings
- 14.4.3 Key Financials
- 14.4.4 Business Segment & Geographic Overview
- 14.4.5 Key Market Developments
- 14.4.6 Key Strategies
- 14.5 Ineos Solvents
- 14.5.1 Overview
- 14.5.2 Offerings
- 14.5.3 Key Financials
- 14.5.4 Business Segment & Geographic Overview
- 14.5.5 Key Market Developments
- 14.5.6 Key Strategies
- 14.6 Idemitsu Kosan Co. Ltd
- 14.6.1 Overview
- 14.6.2 Offerings
- 14.6.3 Key Financials
- 14.6.4 Business Segment & Geographic Overview
- 14.6.5 Key Market Developments
- 14.6.6 Key Strategies
- 14.7 Nouryon
- 14.7.1 Overview
- 14.7.2 Offerings
- 14.7.3 Key Financials
- 14.7.4 Business Segment & Geographic Overview
- 14.7.5 Key Market Developments
- 14.7.6 Key Strategies
- 14.8 Sasol
- 14.8.1 Overview
- 14.8.2 Offerings
- 14.8.3 Key Financials
- 14.8.4 Business Segment & Geographic Overview
- 14.8.5 Key Market Developments
- 14.8.6 Key Strategies
- 14.9 Tasco Chemicals
- 14.9.1 Overview
- 14.9.2 Offerings
- 14.9.3 Key Financials
- 14.9.4 Business Segment & Geographic Overview
- 14.9.5 Key Market Developments
- 14.9.6 Key Strategies
- 14.10 Zibo Qixiang Petrochemical Industry Group Co. Ltd
- 14.10.1 Overview
- 14.10.2 Offerings
- 14.10.3 Key Financials
- 14.10.4 Business Segment & Geographic Overview
- 14.10.5 Key Market Developments
- 14.10.6 Key Strategies
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