Dec 22, 2020   SOURCE: BusinessWire

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

The "Methyl Ethyl Ketone (MEK) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The global methyl ethyl ketone market is currently witnessing a healthy growth. Looking forward, the publisher expects the market to grow at a CAGR of around 4% during 2020-2025.

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.

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.

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?

Key Topics Covered:

1 Preface

2 Scope and 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

9.2 Asia Pacific

9.3 Europe

9.4 Latin America

9.5 Middle East and Africa

10 SWOT Analysis

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

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

For more information about this report visit https://www.researchandmarkets.com/r/wb1ooh