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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Methyl Ethyl Ketone (MEK) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The global methyl ethyl ketone market is currently witnessing a healthy growth. Methyl ethyl ketone (MEK), or 2-butanone, refers to a highly volatile organic liquid that is used as a commercial cleaner and solvent for glues, paints, coatings, synthetic rubber, paraffin wax and printing inks. It is produced by the dehydrogenation of secondary butyl alcohol and can also be manufactured as a by-product of butane oxidation. MEK is primarily utilized for the extraction of fats, oils, waxes and resins and acts as a low-boiling solvent for nitrocellulose, acrylic and vinyl surface coatings. It also aids in removing oil paint finish and contact cement from surfaces and manufacturing solvent-based inks for high-resolution commercial printing in newspapers, books and labels.

Global Methyl Ethyl Ketone Market

Rapid industrialization across the globe is one of the key factors driving the growth of the market. In line with this, widespread adoption of MEK as an industrial solvent for the production of quick-drying, water- and powder-based paints and printing inks that are used with substrates such as metals, glass and plastics, is significantly contributing to the market growth. Furthermore, the increasing product utilization in the pharmaceutical industry is also providing a boost to the market growth. MEK enhances the penetration rate of medicinal drugs and breaks down the structure of quaternary proteins in the body. As a result, there has been a rise in its utilization in the production of antiseptics, aesthetics, lotions and other personal care products. Other factors, including the extensive usage of MEK-based inks in the construction and automotive industry, along with the increasing government investments for infrastructural developments, are projected to drive the market further. Looking forward, IMARC Group expects the market to grow at a CAGR of around 4% during 2020-2025.

Breakup by Application:

  • Paints and Coatings
  • Adhesives and Thinners
  • Printing Inks
  • Pharmaceuticals
  • Others
     

Breakup by Form:

  • Liquid Form
  • Solid Form
     

Breakup by Grade:

  • Regular Grade
  • Urethane Grade
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa


Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Arkema, Cetex Petrochemicals, Cosmo Energy Group, ExxonMobil Corporation, Fushun Petrochemical Company, Ineos Solvents, Maruzen Petrochemical, Nouryon, Royal Dutch Shell Plc, Sasol, Tasco Chemicals, Zibo Qixiang Petrochemical Industry Group Co. Ltd., etc.


Key Questions Answered in This Report:

  • How has the global methyl ethyl ketone market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the grade?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global methyl ethyl ketone market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Methyl Ethyl Ketone Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Forecast
6    Market Breakup by Application
    6.1    Paints and Coatings
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Adhesives and Thinners
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Printing Inks
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Pharmaceuticals
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Form
    7.1    Liquid
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Solid
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Grade
    8.1    Regular Grade
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Urethane Grade
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.9.1 Market Trends
           9.2.9.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.9.1 Market Trends
           9.3.9.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
    11.1    Overview
    11.2    Inbound Logistics
    11.3    Operations
    11.4    Outbound Logistics
    11.5    Marketing and Sales
    11.6    Service
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Indicators
    13.1    Key Price Indicators
    13.2    Price Structure
    13.3    Price Trends
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Arkema
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio 
           14.3.1.3 Financials
        14.3.2    Cetex Petrochemicals
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio 
        14.3.3    Cosmo Energy
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio 
           14.3.3.3 Financials
        14.3.4    ExxonMobil Corporation
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio 
        14.3.5    Fushun Petrochemical Company
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio 
        14.3.6    Ineos Solvents
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio 
           14.3.6.3 Financials
        14.3.7    Maruzen Petrochemical
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio 
        14.3.8    Nouryon
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio 
        14.3.9    Royal Dutch Shell plc
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio 
           14.3.9.3 SWOT Analysis
        14.3.10    Sasol
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio 
        14.3.11    Tasco Chemicals
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio 
        14.3.12    Zibo Qixiang Petrochemical Industry Group Co. Ltd
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio 

List of Figures

Figure 1: Global: Methyl Ethyl Ketone Market: Major Drivers and Challenges
Figure 2: Global: Methyl Ethyl Ketone Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Methyl Ethyl Ketone Market: Breakup by Application (in %), 2019
Figure 4: Global: Methyl Ethyl Ketone Market: Breakup by Form (in %), 2019
Figure 5: Global: Methyl Ethyl Ketone Market: Breakup by Grade (in %), 2019
Figure 6: Global: Methyl Ethyl Ketone Market: Breakup by Region (in %), 2019
Figure 7: Global: Methyl Ethyl Ketone Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 8: Global: Methyl Ethyl Ketone (Paints and Coatings) Market: Sales Value (in Million US$), 2014 & 2019
Figure 9: Global: Methyl Ethyl Ketone (Paints and Coatings) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: Global: Methyl Ethyl Ketone (Adhesives and Thinners) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Methyl Ethyl Ketone (Adhesives and Thinners) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Methyl Ethyl Ketone (Printing Inks) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Methyl Ethyl Ketone (Printing Inks) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Methyl Ethyl Ketone (Pharmaceuticals) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Methyl Ethyl Ketone (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Methyl Ethyl Ketone (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Methyl Ethyl Ketone (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Methyl Ethyl Ketone (Liquid Form) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Methyl Ethyl Ketone (Liquid Form) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Methyl Ethyl Ketone (Solid Form) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Methyl Ethyl Ketone (Solid Form) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Methyl Ethyl Ketone (Regular Grade) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Methyl Ethyl Ketone (Regular Grade) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Methyl Ethyl Ketone (Urethane Grade) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Methyl Ethyl Ketone (Urethane Grade) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Methyl Ethyl Ketone (Others) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Methyl Ethyl Ketone (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: North America: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: North America: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: United States: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: United States: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Canada: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Canada: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Asia Pacific: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Asia Pacific: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: China: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: China: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Japan: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: Japan: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: India: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: India: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: South Korea: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: South Korea: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Australia: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Australia: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: Indonesia: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: Indonesia: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: Others: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: Others: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Europe: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Europe: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: Germany: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: Germany: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: France: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: France: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: United Kingdom: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: United Kingdom: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: Italy: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: Italy: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: Spain: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: Spain: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: Russia: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: Russia: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: Others: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 65: Others: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 66: Latin America: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: Latin America: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: Brazil: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: Brazil: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: Mexico: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: Mexico: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 72: Others: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 73: Others: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 74: Middle East and Africa: Methyl Ethyl Ketone Market: Sales Value (in Million US$), 2014 & 2019
Figure 75: Middle East and Africa: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 76: Global: Methyl Ethyl Ketone Industry: SWOT Analysis
Figure 77: Global: Methyl Ethyl Ketone Industry: Value Chain Analysis
Figure 78: Global: Methyl Ethyl Ketone Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Methyl Ethyl Ketone Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Methyl Ethyl Ketone Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 3: Global: Methyl Ethyl Ketone Market Forecast: Breakup by Form (in Million US$), 2020-2025
Table 4: Global: Methyl Ethyl Ketone Market Forecast: Breakup by Grade (in Million US$), 2020-2025
Table 5: Global: Methyl Ethyl Ketone Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 6: Global: Methyl Ethyl Ketone Market: Competitive Structure
Table 7: Global: Methyl Ethyl Ketone Market: Key Players

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