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Methyl Ethyl Ketone (MEK), also called 2-Butanone, is a colorless fairly volatile liquid with a pleasant pungent odor, C4H8O. The primary use of methyl ethyl ketone (MEK) is as a solvent in processes involving gums, resins, cellulose acetate, and cellulose nitrate. Methyl Ethyl Ketone (MEK) is also used in the synthetic rubber industry, in the production of paraffin wax, and in household products such as lacquer and varnishes, paint remover, and glues.
Market Analysis and Insights: Global Methyl Ethyl Ketone (MEK) Market
Due to the COVID-19 pandemic, the global Methyl Ethyl Ketone (MEK) market size is estimated to be worth US$ 1382 million in 2021 and is forecast to a readjusted size of US$ 1382 million by 2028 with a CAGR of -0.7% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Methyl Ethyl Ketone (MEK) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
China is the largest Methyl Ethyl Ketone (MEK) market with about 31% market share. Europe is follower, accounting for about 14% market share.
The key players are ExxonMobil, Maruzen Petrochemical, Tonen, Shell, Sasol, SK Group, Celanese, Oxiteno, Idemitsu Kosan, Petro Brazi, QiXiang TengDA, TASCO, Lanzhou Petrochemical, Fushun Petrochemical, Tianli High-Tech, Lee Chang Yung Chemical etc. Top 3 companies occupied about 33% market share.
Global Methyl Ethyl Ketone (MEK) Scope and Market Size
The global Methyl Ethyl Ketone (MEK) market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Methyl Ethyl Ketone (MEK) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
General Grade
Ammonia Ester Grade
Others
Segment by Application
Coatings
Adhesives
Inks
Chemical Intermediates
Lubricants
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
ExxonMobil
Maruzen Petrochemical
Tonen
Shell
Sasol
SK Group
Celanese
Oxiteno
Idemitsu Kosan
Petro Brazi
QiXiang TengDA
TASCO
Lanzhou Petrochemical
Fushun Petrochemical
Tianli High-Tech
Lee Chang Yung Chemical
Market Analysis and Insights: Global Methyl Ethyl Ketone (MEK) Market
Due to the COVID-19 pandemic, the global Methyl Ethyl Ketone (MEK) market size is estimated to be worth US$ 1382 million in 2021 and is forecast to a readjusted size of US$ 1382 million by 2028 with a CAGR of -0.7% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Methyl Ethyl Ketone (MEK) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
China is the largest Methyl Ethyl Ketone (MEK) market with about 31% market share. Europe is follower, accounting for about 14% market share.
The key players are ExxonMobil, Maruzen Petrochemical, Tonen, Shell, Sasol, SK Group, Celanese, Oxiteno, Idemitsu Kosan, Petro Brazi, QiXiang TengDA, TASCO, Lanzhou Petrochemical, Fushun Petrochemical, Tianli High-Tech, Lee Chang Yung Chemical etc. Top 3 companies occupied about 33% market share.
Global Methyl Ethyl Ketone (MEK) Scope and Market Size
The global Methyl Ethyl Ketone (MEK) market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Methyl Ethyl Ketone (MEK) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
General Grade
Ammonia Ester Grade
Others
Segment by Application
Coatings
Adhesives
Inks
Chemical Intermediates
Lubricants
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
ExxonMobil
Maruzen Petrochemical
Tonen
Shell
Sasol
SK Group
Celanese
Oxiteno
Idemitsu Kosan
Petro Brazi
QiXiang TengDA
TASCO
Lanzhou Petrochemical
Fushun Petrochemical
Tianli High-Tech
Lee Chang Yung Chemical
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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