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市場調查報告書
商品編碼
1792478

2025 年至 2033 年甲基乙基酮 (MEK) 市場報告,按應用(油漆和塗料、粘合劑和稀釋劑、印刷油墨、藥品等)、形態(液態、固態)、等級(普通級、聚氨酯級等)和地區分類

Methyl Ethyl Ketone (MEK) Market Report by Application (Paints and Coatings, Adhesives and Thinners, Printing Inks, Pharmaceuticals, and Others), Form (Liquid Form, Solid Form), Grade (Regular Grade, Urethane Grade, and Others), and Region 2025-2033

出版日期: | 出版商: IMARC | 英文 148 Pages | 商品交期: 2-3個工作天內

價格

2024年,全球甲乙酮市場規模達40億美元。展望未來, IMARC Group預計到2033年,市場規模將達到58億美元,2025-2033年期間的複合年成長率(CAGR)為4.06%。市場主要受其在黏合劑、油漆、塗料和印刷油墨行業的廣泛應用所推動。此外,新興經濟體工業化進程的加速以及永續生產方式的技術進步也進一步推動了市場的成長和擴張。

甲乙酮市場分析:

  • 主要市場促進因素:市場主要受油漆和塗料領域甲乙酮廣泛應用的驅動。由於其快速蒸發和強大的溶解能力,甲乙酮在該領域發揮關鍵作用,成為一種有效的溶劑。塑膠和橡膠生產中對該化學品的需求不斷成長,進一步推動了其市場成長。此外,新興經濟體工業活動的蓬勃發展也大大推動了市場發展,因為甲乙酮是各種生產流程的必需品,也是各種工業清潔應用中不可或缺的溶劑。此外,汽車、建築和包裝等眾多行業對印刷和黏合劑油墨的需求不斷成長,也大大促進了甲乙酮市場的成長。
  • 主要市場趨勢:在嚴格的環保政策和消費者意識不斷提升的推動下,影響市場的主要趨勢是,人們越來越傾向於選擇環保且永續的溶劑替代品。甲乙酮生產流程的技術進步正在提高效率並降低環境影響,進一步促進產業擴張。源自再生資源的生物基甲乙酮作為傳統石油基溶劑的更環保替代品,其開發勢頭強勁。此外,甲乙酮在農業化學品和藥品等新應用領域的部署也正在擴大其市場範圍。
  • 地理趨勢:受日本、印度和中國等國家快速城鎮化和工業化的推動,亞太地區已成為成長最快、領先的甲乙酮市場。該地區油漆塗料行業的強勁成長,加上建築和汽車行業的強勁需求,凸顯了其主導地位。此外,政府的優惠政策和對基礎建設的大力投資也推動了甲乙酮的需求。該地區不斷擴張的製造業基地,加上不斷成長的外國直接投資和不斷飆升的生產能力,鞏固了亞太地區作為全球甲乙酮市場重要樞紐的地位。此外,該地區對永續和環保生產實踐的日益重視,預計將推動創新,並在甲乙酮市場創造新的成長機會。
  • 競爭格局:甲基乙基酮產業的主要市場參與者包括阿科瑪、Cetex Petrochemicals、Cosmo Energy Group、埃克森美孚公司、撫順石油化工公司、Ineos Solvents、丸善石油化工、諾力昂、荷蘭皇家殼牌公司、薩索爾、Tasco Chemicals、淄博齊翔石化Group Limited等。
  • 挑戰與機會:甲乙酮市場近期的機會包括永續替代品(例如符合永續發展趨勢的生物基甲乙酮)的研究、開發和創新。此外,對改善生產流程和提升產品品質的研究方法的日益重視,也預示著巨大的成長前景。甲乙酮在電子和製藥等新興產業的廣泛應用,進一步提供了豐厚的機會。此外,那些正在引領監管格局並投資於永續方法的公司,將在這個不斷發展的市場中獲得競爭優勢,並利用其持續發展。儘管機會眾多,但市場仍面臨嚴峻的挑戰,例如嚴格的環境法規和高昂的原料價格,這些都可能限制其成長。

甲乙酮市場趨勢:

航太和汽車產業的產品需求不斷成長

由於航太和汽車行業對甲乙酮的需求不斷成長,甲乙酮市場正在經歷顯著成長。甲乙酮優異的溶解性能使其成為加工維護和製造過程中所使用的高性能黏合劑和塗料的理想選擇。向節油輕型飛機和電動車的顯著轉變進一步加劇了對甲乙酮衍生產品的需求,推動了市場成長。根據國際能源總署的數據,2023 年電動車銷量為 1,400 萬輛,從 2020 年的 4% 成長到 2023 年的 18%。此外,預計 2024 年銷量將成長 20% 以上,達到 1,700 萬輛。此外,預計航太和汽車產業在疫情後將維持這一上升趨勢,從而促進這些產業對甲乙酮的穩定需求。

建築業和基礎建設快速成長

建築和基礎設施產業對提高甲乙酮市場收入做出了巨大貢獻。甲乙酮廣泛用於生產現代建築方法所必需的塗料、黏合劑和油漆。隨著工業化和城鎮化持續快速發展,尤其是在新興經濟體中,預計建築相關應用對 MEK 的需求將會增加。根據世界銀行的數據,全球 GDP 的 80% 以上來自城市地區。此外,44 億人居住在城市地區,預計到 2050 年這一數字將翻倍。政府機構目前正強調改造計畫和基礎建設,進一步促進市場擴張。此外,基於甲乙酮的產品在各種環境條件下的有效性和耐用性使其成為這些領域不可或缺的組成部分。

擴大包裝和印刷油墨產業的產品利用率

甲乙酮市場報告強調,全球市場正顯著受益於丁酮在包裝和印刷油墨行業的廣泛應用。丁酮是生產高品質印刷油墨的理想溶劑,這主要是因為它具有高溶解性和快速蒸發速率的特性,這進一步提升了其在該行業的需求。電子商務產業的蓬勃發展和對包裝商品需求的不斷成長,推動了對高效能、高效印刷解決方案的需求。根據最近的資料報告,全球有超過 2,600 萬個電子商務網站。此外,預計到 2023 年,約有 26.4 億消費者將完成至少一次線上購物。丁酮衍生的油墨具有出色的附著力和質量,這對於包裝產品至關重要。包裝技術的不斷進步和創新,以及對耐用性和美觀性包裝的日益關注,預計將進一步刺激這些應用對丁酮的需求。

甲乙酮市場細分:

按應用分類:

  • 油漆和塗料
  • 黏合劑和稀釋劑
  • 印刷油墨
  • 製藥
  • 其他

油漆和塗料佔據大部分市場佔有率

甲乙酮市場前景反映出油漆和塗料將成為全球市場佔有率最大的部分,這主要是因為 MEK 出色的蒸發率和溶解性。它能有效地產生耐用、高品質的飾面,使其成為航太、建築和汽車行業的必備產品。城市化和工業化推動了對保護性和美觀性塗料的需求不斷成長,進一步刺激了 MEK 在這一領域的主導地位。此外,塗料技術的創新持續提升 MEK 在塗料和油漆領域的重要角色。根據產業報告,MEK 作為塗料溶劑佔總溶劑消耗量的 50% 至 60%。此外,在高檔塗料中使用的溶劑(如 MEK)的量為 30%。因此,在塗料溶液加工中,MEK 的需求正在迅速成長。

按形式分類:

  • 液體形式
  • 固體形式

固體形式佔產業最大佔有率

固體丁酮在全球佔據最大市場佔有率,這主要歸功於其在眾多領域的廣泛應用。正如甲乙酮市場概覽中所強調的,它尤其適用於生產塗料、溶劑和黏合劑,這得益於其出色的穩定性以及易於儲存和運輸的特性。建築、航太和汽車產業對高性能材料的需求不斷成長,進一步提升了其在市場動態中的主導地位。根據產業報告,建築業佔全球 GDP 的近 13%。此外,預計到 2030 年,建築膠合劑市場規模將達到 147.6 億美元,複合年成長率為 4.9%。因此,該行業的擴張將顯著促進固體形式細分市場的成長。此外,固體形式具有更長的保存期限和更低的處理風險,這進一步促進了該細分市場在全球甲乙酮市場的領導地位。

按等級分類:

  • 普通級
  • 聚氨酯等級
  • 其他

根據甲乙酮市場預測,常規級丁酮市場預計將保持強勁成長勢頭,這主要得益於其在多方面工業應用中的廣泛應用。該等級因其成本效益和性能的平衡而備受青睞,使其成為生產黏合劑、塗料和印刷油墨的理想選擇。其可靠的溶劑性能確保了在生產過程中獲得理想的效果,尤其是在建築和汽車行業。對常規級丁酮的持續需求凸顯了其在維持市場穩定和促進眾多行業成長方面的關鍵作用。

聚氨酯牌號細分市場正經歷顯著成長,這得益於其卓越的性能和品質。此牌號是實現最佳功能應用的必備材料,尤其是在聚氨酯膠粘劑和塗料的加工過程中。此外,聚氨酯牌號應用和配方的快速發展,進一步提升了該細分市場的重要性。其與多種樹脂的卓越相容性和溶解性使其成為航太、電子和汽車產業不可或缺的產品。人們對高彈性和耐用性產品的日益關注,推動了對聚氨酯牌號MEK的需求,鞏固了其作為全球市場主要成長動力的地位。

按地區分類:

  • 北美洲
    • 美國
    • 加拿大
  • 亞太地區
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲

亞太地區引領市場,佔據最大的甲乙酮市場佔有率

該報告還對所有主要區域市場進行了全面分析,包括北美(美國和加拿大);歐洲(德國、法國、英國、義大利、西班牙、俄羅斯等);亞太地區(中國、日本、印度、韓國、澳洲、印尼等);拉丁美洲(巴西、墨西哥等);以及中東和非洲。報告指出,亞太地區是甲乙酮最大的區域市場。

亞太地區佔據全球 MEK 市場的最大佔有率,主要得益於快速的城市化和工業化。根據聯合國人居署的數據,亞洲有超過 22 億人生活在城市地區。據預測,到 2050 年,該地區的城市人口將增加 50%,即增加 12 億人。印度和中國等主要經濟體憑藉其先進的建築、汽車和電子工業,對 MEK 做出了顯著貢獻。該地區強大的製造業基礎,加上不斷激增的基礎設施項目,刺激了 MEK 的消費。甲乙酮市場近期的發展,例如生產能力的提高和對永續生產技術的大量投資,凸顯了該地區巨大的成長前景。此外,有利的政府政策、對生產能力的大量投資以及大公司的存在進一步改善了市場動態。

本報告回答的關鍵問題:

  • 全球甲乙酮市場迄今表現如何,未來幾年將如何表現?
  • 全球甲基乙基酮市場的促進因素、限制因素和機會是什麼?
  • 每個促進因素、限制因素和機會對全球甲基乙基酮市場有何影響?
  • 主要的區域市場有哪些?
  • 哪些國家代表最具吸引力的甲乙酮市場?
  • 根據應用,市場詳細情形如何?
  • 甲乙酮市場中最有吸引力的應用是什麼?
  • 市場按形態的分拆是怎麼樣的?
  • 甲乙酮市場上哪種形式最有吸引力?
  • 根據等級,市場是如何分類的?
  • 甲乙酮市場上最有吸引力的等級是哪一個?
  • 市場的競爭結構是怎麼樣的?
  • 全球甲乙酮市場的主要參與者/公司有哪些?

本報告回答的關鍵問題:

  • 全球甲乙酮市場迄今表現如何,未來幾年將如何表現?
  • 全球甲基乙基酮市場的促進因素、限制因素和機會是什麼?
  • 每個促進因素、限制因素和機會對全球甲基乙基酮市場有何影響?
  • 主要的區域市場有哪些?
  • 哪些國家代表最具吸引力的甲乙酮市場?
  • 根據應用,市場詳細情形如何?
  • 甲乙酮市場中最有吸引力的應用是什麼?
  • 市場按形態的分拆是怎麼樣的?
  • 甲乙酮市場上哪種形式最有吸引力?
  • 根據等級,市場是如何分類的?
  • 甲乙酮市場上最有吸引力的等級是哪一個?
  • 市場的競爭結構是怎麼樣的?
  • 全球甲乙酮市場的主要參與者/公司有哪些?

目錄

第1章:前言

第2章:範圍與方法

  • 研究目標
  • 利害關係人
  • 資料來源
    • 主要來源
    • 次要來源
  • 市場評估
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第3章:執行摘要

第4章:簡介

  • 概述
  • 主要行業趨勢

第5章:全球甲乙酮市場

  • 市場概覽
  • 市場表現
  • COVID-19的影響
  • 市場預測

第6章:市場區隔:依應用

  • 油漆和塗料
  • 黏合劑和稀釋劑
  • 印刷油墨
  • 製藥
  • 其他

第7章:市場區隔:依形式

  • 液體形式
  • 固體形式

第8章:市場區隔:依等級

  • 普通級
  • 聚氨酯等級
  • 其他

第9章:市場細分:依地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太地區
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲
    • 市場區隔:依國家

第10章:SWOT分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 11 章:價值鏈分析

  • 概述
  • 入站物流
  • 營運
  • 出站物流
  • 行銷和銷售
  • 服務

第 12 章:波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第13章:價格分析

  • 關鍵價格指標
  • 價格結構
  • 價格趨勢

第 14 章:競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • Arkema
    • Cetex Petrochemicals
    • Cosmo Energy Group
    • ExxonMobil Corporation
    • Fushun Petrochemical Company
    • Ineos Solvents
    • Maruzen Petrochemical
    • Nouryon
    • Royal Dutch Shell plc
    • Sasol
    • Tasco Chemicals
    • Zibo Qixiang Petrochemical Industry Group Co. Ltd
Product Code: SR112025A2010

The global methyl ethyl ketone market size reached USD 4.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.8 Billion by 2033, exhibiting a growth rate (CAGR) of 4.06% during 2025-2033. The market is principally propelled by its extensive utilization in adhesives, paints, coatings, and printing inks industries. Moreover, the magnifying industrialization in emerging economies and technological advancements in sustainable production methods further boost market growth and expansion.

Methyl Ethyl Ketone Market Analysis:

  • Major Market Drivers: The market is principally driven by widespread utilization of methyl ethyl ketone in the paints and coatings sector, where it plays a critical role as an effective solvent due to its rapid evaporation rate and robust solvency power. The increasing demand for the chemical in the production of plastics and rubber further bolsters its market growth. Moreover, the proliferating industrial activities in emerging economies are significantly fueling the market, as methyl ethyl ketone is requisite in various production processes and integral solvent in different industrial cleaning applications. In addition, the escalating demand for printing and adhesive inks in numerous industries, including automotive, construction, and packaging, substantially contributes to methyl ethyl ketone market growth.
  • Key Market Trends: Key trends influencing the market are intensifying inclination towards eco-friendly and sustainable solvent alternatives, driven by strict environmental policies and heightening consumer awareness. Technological advancements in methyl ethyl ketone production processes are improving efficiency and lowering environmental impact, further encouraging industry expansion. The development of bio-based methyl ethyl ketone, derived from renewable resources, is gaining momentum as a greener alternative for conventional petroleum-based solvents. In addition, the deployment of MEK in new applications, such as agrochemicals and pharmaceuticals, is expanding its market scope.
  • Geographical Trends: The Asia Pacific stands out as the fastest growing and leading regional market for methyl ethyl ketone, driven by rapid urbanization and industrialization in countries like Japan, India, and China. The resilient growth of the paints and coatings sector in the region, combined with substantial demand from the construction and automotive industries, highlights this dominance. Moreover, beneficial government policies and heavy investments in infrastructure development are boosting methyl ethyl ketone demand. The region's expanding manufacturing base, coupled with escalating foreign direct investments and soaring production capacities, strengthens Asia Pacific's position as a crucial hub in the global MEK market. Furthermore, the increasing focus on sustainable and eco-friendly manufacturing practices in the region is expected to drive innovation and create new growth opportunities in the MEK market.
  • Competitive Landscape: Some of the major market players in the methyl ethyl ketone industry include Arkema, Cetex Petrochemicals, Cosmo Energy Group, ExxonMobil Corporation, Fushun Petrochemical Company, Ineos Solvents, Maruzen Petrochemical, Nouryon, Royal Dutch Shell Plc, Sasol, Tasco Chemicals, Zibo Qixiang Petrochemical Industry Group Co. Ltd., among many others.
  • Challenges and Opportunities: Some of the methyl ethyl ketone market recent opportunities include research, development, and innovation of sustainable alternatives like biobased methyl ethyl ketone that can align with sustainability trend. In addition, the rising emphasis on research methods to enhance production processes and improve product quality presents substantial growth prospects. The extensive applications of methyl ethyl ketone in emerging sectors, including electronics and pharmaceuticals, further provide fruitful opportunities. Furthermore, companies that are currently steering regulatory landscapes and investing in sustainable methodologies are well-positioned to attain a competitive edge in this progressing market, capitalizing on its ongoing progression. Despite numerous opportunities, the market experiences key challenges, such as strict environmental regulations and high prices of raw materials, which can limit growth.

Methyl Ethyl Ketone Market Trends:

Rising Product Demand in Aerospace and Automotive Sectors

The methyl ethyl ketone market is undergoing significant growth due to its increasing demand in the aerospace and automotive sectors. methyl ethyl ketone's excellent solvency properties make it ideal for processing high-performance adhesives and coatings leveraged in maintenance and manufacturing processes. The notable shift towards fuel-efficient and lightweight aircrafts, and electric vehicles has further intensified the demand for methyl ethyl ketone-derived products, driving market growth. According to the International Energy Agency, 14 million electric car sales were recorded in 2023, rising from 4% in 2020 to 18% in 2023. Furthermore, sales are expected to increase by more than 20% in 2024, reaching 17 million. In addition, the recovery of the aerospace and automotive sectors post-pandemic is projected to retain this upward trend, facilitating stable methyl ethyl ketone demand in these sectors.

Rapid Growth in Construction and Infrastructure Development

The construction and infrastructure industries are substantially contributing to elevating methyl ethyl ketone market revenue. methyl ethyl ketone is extensively leveraged in the production of coatings, adhesives, and paints requisite for modern construction methods. As industrialization and urbanization continue to proliferate rapidly, especially in emerging economies, the requirement for MEK is projected to increase in construction-related applications. According to the World Bank, more than 80% of global GDP is generated in urban areas. Additionally, 4.4 billion people reside in urban regions, and this number is expected to double by 2050. Governmental bodies are currently emphasizing on renovation projects and infrastructure development, further profiting market expansion. Additionally, the effectiveness and durability of methyl ethyl ketone-based products in numerous environmental conditions position them as an indispensable component in these sectors.

Expanding Product Utilization in Packaging and Printing Inks Sectors

Methyl ethyl ketone market report underscores that the global market is significantly benefiting from the extensive application of MEK in the packaging and printing inks industries. MEK is an ideal solvent for producing high-quality printing inks mainly because of its high solvency and quick evaporation rate property, which further boosts its demand in the sector. The soaring expansion of the e-commerce sector and the escalating demand for packaged goods have bolstered the requirement for high-performance and efficient printing solutions. According to recent data reports, there are more than 26 million e-commerce websites worldwide. Additionally, approximately 2.64 billion consumers are forecasted to complete at least one online purchase in 2023. MEK-derived inks offer excellent adhesion and quality, essential for packaging products. The ongoing advancements and innovations in packaging technologies and the growing focus on durable and attractive packaging are projected to further fuel demand for MEK in these applications.

Methyl Ethyl Ketone Market Segmentation:

Breakup by Application:

  • Paints and Coatings
  • Adhesives and Thinners
  • Printing Inks
  • Pharmaceuticals
  • Others

Paints and coatings account for the majority of the market share

Methyl ethyl ketone market outlook reflects paints and coatings as the largest segment in the global market share, chiefly due to MEK's exceptional evaporation rate and solvency. Its effectiveness in generating durable, high-quality finishes make it requisite in aerospace, construction, and automotive industries. The heightening demand for protective and aesthetically appealing coatings, driven by urbanization and industrialization, further spurs MEK'S domination in this segment. In addition, innovations in coating technologies continue to boost MEK's crucial role in the coatings and paint sector. According to industry reports, MEK accounts for 50% to 60% of the total solvent consumption as a coating solvent. Moreover, amount of solvent used, like MEK, in high-grade coatings is 30%. Consequently, MEK demand is increasing rapidly for coating solutions processing.

Breakup by Form:

  • Liquid Form
  • Solid Form

Solid form holds the largest share of the industry

The solid form of MEK represents the largest market share globally mainly due to its extensive application in numerous sectors. As highlighted in the methyl ethyl ketone market overview, it is particularly preferred in the production of coatings, solvents, and adhesives, pertaining to its exceptional stability and ease of storage and transportation. The magnifying demand for high-performance materials in construction, aerospace, and automotive industries further boosts its dominance in the market dynamics. According to industry reports, construction represents almost 13% share of the global GDP. Moreover, the construction adhesives market size is projected to reach USD 14.76 billion by 2030 with a CAGR of 4.9%. Consequently, the expansion of this industry will significantly profit the solid form segment growth. In addition, solid form has longer shelf life and lower handling risks, which further facilitate the leadership of this segment in the global methyl ethyl ketone market.

Breakup by Grade:

  • Regular Grade
  • Urethane Grade
  • Others

According to the methyl ethyl ketone market forecast, regular grade segment is anticipated to remain highly influential primarily due to its widespread utilization across multifaceted industrial applications. This grade is preferred for its balance of cost-efficiency and performance, positioning it as a suitable grade for producing adhesives, coatings, and printing inks. Its dependable solvent properties ensure ideal results in production processes, particularly in the construction and automotive sectors. The persistent demand for regular grade MEK highlights its crucial role in sustaining market stability and boosting growth across numerous industries.

Urethane grade segment is witnessing significant growth, driven by its superior performance and quality attributes. This grade is requisite for optimal-functioning applications, particularly in the processing of urethane adhesives and coatings. Additionally, advancements in urethane grade applications and formulations are rapidly emerging, further improving the relevance of this segment. Its superior compatibility and solvency with numerous resins make it indispensable in the aerospace, electronics, and automotive sectors. The magnifying focus on resilient and durable products fuels the demand for urethane grade MEK, fortifying its position as a chief growth driver in the global market.

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Asia Pacific leads the market, accounting for the largest methyl ethyl ketone market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for methyl ethyl ketone.

The Asia Pacific region holds the largest share of the global MEK market, primarily boosted by rapid urbanization and industrialization. According to the UN-Habitat, more than 2.2 billion people in Asia live in urban areas. It is forecasted that by 2050, this urban population in the region will grow by 50%, i.e., additional 1.2 billion individuals. Major economies such as India and China are notable contributors due to their advancing construction, automotive, and electronics industries. The region's pronounced manufacturing base, combined with its proliferating infrastructure projects, spurs MEK consumption. The methyl ethyl ketone market recent developments , such as increased production capacity and heavy investments in sustainable production technologies, underscore substantial growth prospects for this region. In addition, profitable government policies, heavy investments in production capacities, and presence of major companies further improve market dynamics.

Competitive Landscape:

  • The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the methyl ethyl ketone industry include Arkema, Cetex Petrochemicals, Cosmo Energy Group, ExxonMobil Corporation, Fushun Petrochemical Company, Ineos Solvents, Maruzen Petrochemical, Nouryon, Royal Dutch Shell Plc, Sasol, Tasco Chemicals, and Zibo Qixiang Petrochemical Industry Group Co. Ltd.
  • The competitive landscape of the global MEK market is represented by the presence of several key methyl ethyl ketone companies that actively participate in strategic initiatives to improve their market positions. Such companies are currently emphasizing on acquisitions and mergers, product innovation, and geographic expansion to solidify their competitive lead. For instance, in November 2023, ExxonMobil Corporation, a producer of methyl ethyl ketone and other major solvents, completed the acquisition of Denbury Inc. for the transaction value of USD 4.9 billion. This strategic acquisition will aid in ExxonMobil expansion in low-carbon leadership. Leading manufacturers prefer superior-quality production and compliance with strict environmental protocols. In addition, heavy investments in R&D aim to introduce enhanced MEK formulations, catering to versatile industrial applications. The evolving landscape of the market encourages intense competition, influencing companies to consistently enhance their operation efficiencies and offerings to sustain a competitive edge.

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 drivers, restraints, and opportunities in the global methyl ethyl ketone market?
  • What is the impact of each driver, restraint, and opportunity on the global methyl ethyl ketone market?
  • What are the key regional markets?
  • Which countries represent the most attractive methyl ethyl ketone market?
  • What is the breakup of the market based on the application?
  • Which is the most attractive application in the methyl ethyl ketone market?
  • What is the breakup of the market based on the form?
  • Which is the most attractive form in the methyl ethyl ketone market?
  • What is the breakup of the market based on the grade?
  • Which is the most attractive grade in the methyl ethyl ketone market?
  • What is the competitive structure of the market?
  • Who are the key players/companies in the global methyl ethyl ketone market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting 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 Impact of COVID-19
  • 5.4 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 Form
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Solid Form
    • 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
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

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

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

  • 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
    • 14.3.1 Arkema
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
    • 14.3.2 Cetex Petrochemicals
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 Cosmo Energy Group
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
    • 14.3.4 ExxonMobil Corporation
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 Fushun Petrochemical Company
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 Ineos Solvents
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
    • 14.3.7 Maruzen Petrochemical
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Nouryon
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 Royal Dutch Shell plc
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 SWOT Analysis
    • 14.3.10 Sasol
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 Tasco Chemicals
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
    • 14.3.12 Zibo Qixiang Petrochemical Industry Group Co. Ltd
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio

List of Figures

  • Figure 1: Global: Methyl Ethyl Ketone Market: Major Drivers and Challenges
  • Figure 2: Global: Methyl Ethyl Ketone Market: Sales Value (in Billion USD), 2019-2024
  • Figure 3: Global: Methyl Ethyl Ketone Market: Breakup by Application (in %), 2024
  • Figure 4: Global: Methyl Ethyl Ketone Market: Breakup by Form (in %), 2024
  • Figure 5: Global: Methyl Ethyl Ketone Market: Breakup by Grade (in %), 2024
  • Figure 6: Global: Methyl Ethyl Ketone Market: Breakup by Region (in %), 2024
  • Figure 7: Global: Methyl Ethyl Ketone Market Forecast: Sales Value (in Billion USD), 2025-2033
  • Figure 8: Global: Methyl Ethyl Ketone (Paints and Coatings) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 9: Global: Methyl Ethyl Ketone (Paints and Coatings) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 10: Global: Methyl Ethyl Ketone (Adhesives and Thinners) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 11: Global: Methyl Ethyl Ketone (Adhesives and Thinners) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 12: Global: Methyl Ethyl Ketone (Printing Inks) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 13: Global: Methyl Ethyl Ketone (Printing Inks) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 14: Global: Methyl Ethyl Ketone (Pharmaceuticals) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 15: Global: Methyl Ethyl Ketone (Pharmaceuticals) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 16: Global: Methyl Ethyl Ketone (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 17: Global: Methyl Ethyl Ketone (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 18: Global: Methyl Ethyl Ketone (Liquid Form) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 19: Global: Methyl Ethyl Ketone (Liquid Form) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 20: Global: Methyl Ethyl Ketone (Solid Form) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 21: Global: Methyl Ethyl Ketone (Solid Form) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 22: Global: Methyl Ethyl Ketone (Regular Grade) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 23: Global: Methyl Ethyl Ketone (Regular Grade) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 24: Global: Methyl Ethyl Ketone (Urethane Grade) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 25: Global: Methyl Ethyl Ketone (Urethane Grade) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 26: Global: Methyl Ethyl Ketone (Others) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 27: Global: Methyl Ethyl Ketone (Others) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 28: North America: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 29: North America: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 30: United States: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 31: United States: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 32: Canada: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 33: Canada: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 34: Asia Pacific: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 35: Asia Pacific: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 36: China: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 37: China: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 38: Japan: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 39: Japan: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 40: India: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 41: India: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 42: South Korea: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 43: South Korea: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 44: Australia: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 45: Australia: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 46: Indonesia: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 47: Indonesia: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 48: Others: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 49: Others: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 50: Europe: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 51: Europe: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 52: Germany: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 53: Germany: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 54: France: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 55: France: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 56: United Kingdom: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 57: United Kingdom: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 58: Italy: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 59: Italy: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 60: Spain: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 61: Spain: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 62: Russia: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 63: Russia: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 64: Others: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 65: Others: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 66: Latin America: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 67: Latin America: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 68: Brazil: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 69: Brazil: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 70: Mexico: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 71: Mexico: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 72: Others: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 73: Others: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 74: Middle East and Africa: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 75: Middle East and Africa: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 76: Global: Methyl Ethyl Ketone Industry: SWOT Analysis
  • Figure 77: Global: Methyl Ethyl Ketone Industry: Value Chain Analysis
  • Figure 78: Global: Methyl Ethyl Ketone Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Methyl Ethyl Ketone Market: Key Industry Highlights, 2024 and 2033
  • Table 2: Global: Methyl Ethyl Ketone Market Forecast: Breakup by Application (in Million USD), 2025-2033
  • Table 3: Global: Methyl Ethyl Ketone Market Forecast: Breakup by Form (in Million USD), 2025-2033
  • Table 4: Global: Methyl Ethyl Ketone Market Forecast: Breakup by Grade (in Million USD), 2025-2033
  • Table 5: Global: Methyl Ethyl Ketone Market Forecast: Breakup by Region (in Million USD), 2025-2033
  • Table 6: Global: Methyl Ethyl Ketone Market: Competitive Structure
  • Table 7: Global: Methyl Ethyl Ketone Market: Key Players