Global Methyl Ethyl Ketone (MEK) Sales Market Report 2022

Methyl Ethyl Ketone Market

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.

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.

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.

By Type

• General Grade
• Ammonia Ester Grade
• Others

By Application

• Coatings
• Adhesives
• Inks
• Chemical Intermediates
• Lubricants
• Others

By Region

• United States
• Europe
• China
• Japan
• Southeast Asia
• India

By Companies

• 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