Methyl Ethyl Ketone Market Report

Market Insights

Methyl ethyl ketone market is likely to witness a healthy CAGR of 4.3% during the forecast period. The growing demand for methyl ethyl ketone is mainly due to the increasing demand for paints & coatings and usage of powder coating method in automobile industry.

Segments' Analysis

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Methyl Ethyl Ketone Market Share: By End-User Industry Type

Based on the end-user industry type, the market is segmented as paints and coatings, rubber, construction, packaging and publishing, and other end-user industries. The paints and coatings industry is expected to remain the dominant as well as the fastest-growing segments during the forecast period due to its excellent fire-resistant property, for which it is highly preferred in the building & construction application.

Methyl Ethyl Ketone Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing market for methyl ethyl ketone during the forecast period, with China, Japan, India, and Australia being the major countries offering promising growth opportunities. The region’s market growth is owing to increasing per-capita income of countries, extensive growth of the construction industry in the region, and presence of a large number of methyl ethyl ketone manufacturers in countries such as China, Japan, and India. The methyl ethyl ketone market is mainly driven by increase in population and rise in construction of residential and non-residential buildings.

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Market Scope & Segmentation

Methyl ethyl ketones are made of aluminum composite material. They are flat panels containing two thin coated aluminum sheets connected to a non-aluminum core. Methyl ethyl ketones are majorly used for external cladding or facades of buildings, insulation, signage, and making shipping containers.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The methyl ethyl ketone market is segmented into the following categories. 

Methyl Ethyl Ketone Market Size, Share, & Forecast, by Application Type:

• Solvent (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Resin (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Printing Ink (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Adhesive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Other Applications (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Methyl Ethyl Ketone Market Size, Share, & Forecast, by End-User Industry Type:

• Paints and Coatings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Rubber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Packaging and Publishing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Other End-User Industries (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Methyl Ethyl Ketone Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the major methyl ethyl ketone manufacturers are-

• Arkema SA
• Cetex Petrochemicals
• ExxonMobil Corporation
• Fushun Petrochemical Company
• Idemitsu Kosan Co. Ltd
• Ineos Solvents
• Maruzen Petrochemical
• Nouryon
• Royal Dutch Shell plc
• Sasol.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the application types by end-user industry type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.