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Methyl Ethyl Ketone Market Size | MEK Industry Report, 2024 | Hexa Research

Global Methyl Ethyl Ketone market value is expected to exceed USD 3.26 million by 2024 growing at an estimated CAGR of over 4.6% from 2016 to 2024.

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Methyl Ethyl Ketone Market Size | MEK Industry Report, 2024 | Hexa Research

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  1. Your Catalyst To a Lucrative Business Methyl Ethyl Ketone (MEK) Market Research Report - Global Industry Analysis, Size and Forecast to 2024 - Hexa Research “Global Methyl Ethyl Ketone market value is expected to exceed USD 3.26 million by 2024 growing at an estimated CAGR of over 4.6% from 2016 to 2024.” Methyl ethyl ketone (MEK) possesses characteristics of high evaporation rate, solvency, and viscosity. Its low boiling point coupled with its sweet smell of acetone and butterscotch will aid its market prospects. It is used in many industrial procedures, mainly resins, cellulose nitrate, and cellulose gum. The worldwide methyl ethyl ketone market is projected to surpass revenue figures by USD 3.26 million by 2024. It is primarily driven by demand of paints and coatings by home furnishing, infrastructure, and automotive sectors. Increasing demand from Asia Pacific and Latin American construction & automotive sectors will further fuel market growth. It is estimated to grow at a 4.6% CAGR over the forecast period (2016-2024). The global market is segmented according to applications and regions. Major market applications include paints & coatings, adhesives, printing inks, and others. Others are textiles, plastics, rubber-based industrial cement, PVC piping, chemical intermediaries, and cleaning agents. Browse Details of Report@ https://www.hexaresearch.com/research-report/methyl-ethyl-ketone-mek-market Follow Us:

  2. Your Catalyst To a Lucrative Business Printing inks are the major application of the MEK market, due to its use as a solvent. Paint thinners & resins are used as solvents in the pharmaceutical industry. But paints & coatings will garner major market demand during the forecast period. Demand from the packaging and publishing industry will benefit the adhesives and printing inks sectors. Development of MEK will result in its use in commercial printings, books, and newspapers. Regions covered under the market are Asia Pacific, North America, Europe, and RoW (Rest of the World). Asia Pacific currently leads the market, primarily driven by demand of paints & coatings by construction and manufacturing sectors. Europe will display an average growth due to health concerns regarding MEK. The U.S. will have a constant demand over the next eight years. Middle East & Africa is estimated to exhibit a CAGR exceeding 4% over the next eight years. Prominent players of the methyl ethyl ketone market are Shell Chemicals, Maruzen Petrochemical Co Ltd., Petro China, and Arkema S.A. These players are currently involved in producing raw materials to remove any inconsistencies in the supply chain. For instance, Maruzen Petrochemicals has installed a new distillation system in their manufacturing plant to save energy costs as well as produce economically feasible MEK. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/bulk-chemicals-industry Follow Us:

  3. Your Catalyst To a Lucrative Business Table of Content of Methyl Ethyl Ketone (MEK) Market Chapter 1 Methodology & Scope 1.1 Research Methodology 1.1.1 Initial data exploration 1.1.2 Statistical modeling and forecast 1.1.3 Industry insights and validation 1.2 List of Data Sources Chapter 2 Executive Summary 2.1 MEK market snapshot, 2016 - 2024 Chapter 3 MEK Industry Insights 3.1 Market segmentation 3.2 Market size and growth prospects 3.3 Methyl ethyl ketone (MEK) value chain analysis 3.4 Methyl ethyl ketone (MEK) market dynamics 3.4.1 Key growth drivers 3.4.1.1 Growing demand for paints & coatings 3.4.1.2 Growth of pharmaceuticals market 3.4.2 Industry pitfalls & challenges 3.4.2.1 Increasing demand for green solvents 3.4.2.2 Volatile raw material prices 3.5 Key growth opportunities 3.6 Methyl ethyl ketone (MEK) company market share analysis, 2016 3.7 Porter’s analysis 3.8 PESTEL Analysis Chapter 4 MEK Application Insights 4.1 Global MEK market volume share by application, 2016 & 2024 4.2 Paints & coatings 4.2.1 Market estimates and forecast, 2016 - 2024 4.2.2 Market estimates and forecast by region, 2016 - 2024 4.3 Printing inks Follow Us:

  4. Your Catalyst To a Lucrative Business 4.3.1 Market estimates and forecast, 2016 - 2024 4.3.2 Market estimates and forecast by region, 2016 - 2024 4.4 Adhesives 4.4.1 Market estimates and forecast, 2016 - 2024 4.4.2 Market estimates and forecast by region, 2016 - 2024 4.5 Others 4.5.1 Market estimates and forecast, 2016 - 2024 4.5.2 Market estimates and forecast by region, 2016 - 2024 Chapter 5 MEK Regional Insights 5.1 Global MEK market volume share by region, 2016 & 2024 5.2 North America 5.2.1 Market estimates and forecast, 2016 - 2024 5.2.2 Market estimates and forecast by application, 2016 - 2024 5.3 Europe 5.3.1 Market estimates and forecast, 2016 - 2024 5.3.2 Market estimates and forecast by application, 2016 - 2024 5.4 Asia Pacific 5.4.1 Market estimates and forecast, 2016 - 2024 5.4.2 Market estimates and forecast by application, 2016 - 2024 5.5 Central & South America (CSA) 5.5.1 Market estimates and forecast, 2016 - 2024 5.5.2 Market estimates and forecast by application, 2016 - 2024 Chapter 6 Competitive Insights 6.1 ExxonMobil 6.2 Maruzen Petrochemical Co., Ltd. 6.3 Sasol Limited 6.4 Shell Chemicals 6.5 Ineos Solvents 6.6 SK Energy Co. Ltd. 6.7 Lanzhou Petrochemicals 6.8 Idemitsu Kosan Co Ltd. 6.9 Tasco Chemicals 6.10 Tonen Chemicals 6.11 Fushun Petrochemical Company Follow Us:

  5. Your Catalyst To a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Visit Our Blog - hexaresearch1.blogspot.com Follow Us:

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