Global Methyl Ethyl Ketone (MEK) Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Methyl Ethyl Ketone (MEK) Market Size, Manufacturers, Opportunities and Forecast to 2030


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.

According to APO Research, The global Methyl Ethyl Ketone (MEK) market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

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.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Methyl Ethyl Ketone (MEK), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Methyl Ethyl Ketone (MEK).

The Methyl Ethyl Ketone (MEK) market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Methyl Ethyl Ketone (MEK) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

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

Methyl Ethyl Ketone (MEK) segment by Type

General Grade
Ammonia Ester Grade
Others

Methyl Ethyl Ketone (MEK) segment by Application

Coatings
Adhesives
Inks
Chemical Intermediates
Lubricants
Others

Methyl Ethyl Ketone (MEK) Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Methyl Ethyl Ketone (MEK) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Methyl Ethyl Ketone (MEK) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Methyl Ethyl Ketone (MEK).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Methyl Ethyl Ketone (MEK) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Methyl Ethyl Ketone (MEK) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Methyl Ethyl Ketone (MEK) Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Methyl Ethyl Ketone (MEK) Sales Estimates and Forecasts (2019-2030)
1.3 Methyl Ethyl Ketone (MEK) Market by Type
1.3.1 General Grade
1.3.2 Ammonia Ester Grade
1.3.3 Others
1.4 Global Methyl Ethyl Ketone (MEK) Market Size by Type
1.4.1 Global Methyl Ethyl Ketone (MEK) Market Size Overview by Type (2019-2030)
1.4.2 Global Methyl Ethyl Ketone (MEK) Historic Market Size Review by Type (2019-2024)
1.4.3 Global Methyl Ethyl Ketone (MEK) Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Methyl Ethyl Ketone (MEK) Sales Breakdown by Type (2019-2024)
1.5.2 Europe Methyl Ethyl Ketone (MEK) Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Methyl Ethyl Ketone (MEK) Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Methyl Ethyl Ketone (MEK) Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Methyl Ethyl Ketone (MEK) Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Methyl Ethyl Ketone (MEK) Industry Trends
2.2 Methyl Ethyl Ketone (MEK) Industry Drivers
2.3 Methyl Ethyl Ketone (MEK) Industry Opportunities and Challenges
2.4 Methyl Ethyl Ketone (MEK) Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Methyl Ethyl Ketone (MEK) Revenue (2019-2024)
3.2 Global Top Players by Methyl Ethyl Ketone (MEK) Sales (2019-2024)
3.3 Global Top Players by Methyl Ethyl Ketone (MEK) Price (2019-2024)
3.4 Global Methyl Ethyl Ketone (MEK) Industry Company Ranking, 20
22 VS 2023 VS 2024
3.5 Global Methyl Ethyl Ketone (MEK) Key Company Manufacturing Sites & Headquarters
3.6 Global Methyl Ethyl Ketone (MEK) Company, Product Type & Application
3.7 Global Methyl Ethyl Ketone (MEK) Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Methyl Ethyl Ketone (MEK) Market CR5 and HHI
3.8.2 Global Top 5 and
10 Methyl Ethyl Ketone (MEK) Players Market Share by Revenue in 2023
3.8.3 20
23 Methyl Ethyl Ketone (MEK) Tier 1, Tier 2, and Tier 3
4 Methyl Ethyl Ketone (MEK) Regional Status and Outlook
4.1 Global Methyl Ethyl Ketone (MEK) Market Size and CAGR by Region: 20
19 VS 2023 VS 2030
4.2 Global Methyl Ethyl Ketone (MEK) Historic Market Size by Region
4.2.1 Global Methyl Ethyl Ketone (MEK) Sales in Volume by Region (2019-2024)
4.2.2 Global Methyl Ethyl Ketone (MEK) Sales in Value by Region (2019-2024)
4.2.3 Global Methyl Ethyl Ketone (MEK) Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Methyl Ethyl Ketone (MEK) Forecasted Market Size by Region
4.3.1 Global Methyl Ethyl Ketone (MEK) Sales in Volume by Region (2025-2030)
4.3.2 Global Methyl Ethyl Ketone (MEK) Sales in Value by Region (2025-2030)
4.3.3 Global Methyl Ethyl Ketone (MEK) Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Methyl Ethyl Ketone (MEK) by Application
5.1 Methyl Ethyl Ketone (MEK) Market by Application
5.1.1 Coatings
5.1.2 Adhesives
5.1.3 Inks
5.1.4 Chemical Intermediates
5.1.5 Lubricants
5.1.6 Others
5.2 Global Methyl Ethyl Ketone (MEK) Market Size by Application
5.2.1 Global Methyl Ethyl Ketone (MEK) Market Size Overview by Application (2019-2030)
5.2.2 Global Methyl Ethyl Ketone (MEK) Historic Market Size Review by Application (2019-2024)
5.2.3 Global Methyl Ethyl Ketone (MEK) Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Methyl Ethyl Ketone (MEK) Sales Breakdown by Application (2019-2024)
5.3.2 Europe Methyl Ethyl Ketone (MEK) Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Methyl Ethyl Ketone (MEK) Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Methyl Ethyl Ketone (MEK) Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Methyl Ethyl Ketone (MEK) Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 ExxonMobil
6.1.1 ExxonMobil Comapny Information
6.1.2 ExxonMobil Business Overview
6.1.3 ExxonMobil Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.1.4 ExxonMobil Methyl Ethyl Ketone (MEK) Product Portfolio
6.1.5 ExxonMobil Recent Developments
6.2 Maruzen Petrochemical
6.2.1 Maruzen Petrochemical Comapny Information
6.2.2 Maruzen Petrochemical Business Overview
6.2.3 Maruzen Petrochemical Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Maruzen Petrochemical Methyl Ethyl Ketone (MEK) Product Portfolio
6.2.5 Maruzen Petrochemical Recent Developments
6.3 Tonen
6.3.1 Tonen Comapny Information
6.3.2 Tonen Business Overview
6.3.3 Tonen Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Tonen Methyl Ethyl Ketone (MEK) Product Portfolio
6.3.5 Tonen Recent Developments
6.4 Shell
6.4.1 Shell Comapny Information
6.4.2 Shell Business Overview
6.4.3 Shell Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Shell Methyl Ethyl Ketone (MEK) Product Portfolio
6.4.5 Shell Recent Developments
6.5 Sasol
6.5.1 Sasol Comapny Information
6.5.2 Sasol Business Overview
6.5.3 Sasol Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Sasol Methyl Ethyl Ketone (MEK) Product Portfolio
6.5.5 Sasol Recent Developments
6.6 SK Group
6.6.1 SK Group Comapny Information
6.6.2 SK Group Business Overview
6.6.3 SK Group Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.6.4 SK Group Methyl Ethyl Ketone (MEK) Product Portfolio
6.6.5 SK Group Recent Developments
6.7 Celanese
6.7.1 Celanese Comapny Information
6.7.2 Celanese Business Overview
6.7.3 Celanese Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Celanese Methyl Ethyl Ketone (MEK) Product Portfolio
6.7.5 Celanese Recent Developments
6.8 Oxiteno
6.8.1 Oxiteno Comapny Information
6.8.2 Oxiteno Business Overview
6.8.3 Oxiteno Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Oxiteno Methyl Ethyl Ketone (MEK) Product Portfolio
6.8.5 Oxiteno Recent Developments
6.9 Idemitsu Kosan
6.9.1 Idemitsu Kosan Comapny Information
6.9.2 Idemitsu Kosan Business Overview
6.9.3 Idemitsu Kosan Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Idemitsu Kosan Methyl Ethyl Ketone (MEK) Product Portfolio
6.9.5 Idemitsu Kosan Recent Developments
6.
10 Petro Brazi
6.10.1 Petro Brazi Comapny Information
6.10.2 Petro Brazi Business Overview
6.10.3 Petro Brazi Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Petro Brazi Methyl Ethyl Ketone (MEK) Product Portfolio
6.10.5 Petro Brazi Recent Developments
6.
11 QiXiang TengDA
6.11.1 QiXiang TengDA Comapny Information
6.11.2 QiXiang TengDA Business Overview
6.11.3 QiXiang TengDA Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.11.4 QiXiang TengDA Methyl Ethyl Ketone (MEK) Product Portfolio
6.11.5 QiXiang TengDA Recent Developments
6.
12 TASCO
6.12.1 TASCO Comapny Information
6.12.2 TASCO Business Overview
6.12.3 TASCO Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.12.4 TASCO Methyl Ethyl Ketone (MEK) Product Portfolio
6.12.5 TASCO Recent Developments
6.
13 Lanzhou Petrochemical
6.13.1 Lanzhou Petrochemical Comapny Information
6.13.2 Lanzhou Petrochemical Business Overview
6.13.3 Lanzhou Petrochemical Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Lanzhou Petrochemical Methyl Ethyl Ketone (MEK) Product Portfolio
6.13.5 Lanzhou Petrochemical Recent Developments
6.
14 Fushun Petrochemical
6.14.1 Fushun Petrochemical Comapny Information
6.14.2 Fushun Petrochemical Business Overview
6.14.3 Fushun Petrochemical Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Fushun Petrochemical Methyl Ethyl Ketone (MEK) Product Portfolio
6.14.5 Fushun Petrochemical Recent Developments
6.
15 Tianli High-Tech
6.15.1 Tianli High-Tech Comapny Information
6.15.2 Tianli High-Tech Business Overview
6.15.3 Tianli High-Tech Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Tianli High-Tech Methyl Ethyl Ketone (MEK) Product Portfolio
6.15.5 Tianli High-Tech Recent Developments
6.
16 Lee Chang Yung Chemical
6.16.1 Lee Chang Yung Chemical Comapny Information
6.16.2 Lee Chang Yung Chemical Business Overview
6.16.3 Lee Chang Yung Chemical Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Lee Chang Yung Chemical Methyl Ethyl Ketone (MEK) Product Portfolio
6.16.5 Lee Chang Yung Chemical Recent Developments
7 North America by Country
7.1 North America Methyl Ethyl Ketone (MEK) Sales by Country
7.1.1 North America Methyl Ethyl Ketone (MEK) Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.1.2 North America Methyl Ethyl Ketone (MEK) Sales by Country (2019-2024)
7.1.3 North America Methyl Ethyl Ketone (MEK) Sales Forecast by Country (2025-2030)
7.2 North America Methyl Ethyl Ketone (MEK) Market Size by Country
7.2.1 North America Methyl Ethyl Ketone (MEK) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2.2 North America Methyl Ethyl Ketone (MEK) Market Size by Country (2019-2024)
7.2.3 North America Methyl Ethyl Ketone (MEK) Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Methyl Ethyl Ketone (MEK) Sales by Country
8.1.1 Europe Methyl Ethyl Ketone (MEK) Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.1.2 Europe Methyl Ethyl Ketone (MEK) Sales by Country (2019-2024)
8.1.3 Europe Methyl Ethyl Ketone (MEK) Sales Forecast by Country (2025-2030)
8.2 Europe Methyl Ethyl Ketone (MEK) Market Size by Country
8.2.1 Europe Methyl Ethyl Ketone (MEK) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2.2 Europe Methyl Ethyl Ketone (MEK) Market Size by Country (2019-2024)
8.2.3 Europe Methyl Ethyl Ketone (MEK) Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Methyl Ethyl Ketone (MEK) Sales by Country
9.1.1 Asia-Pacific Methyl Ethyl Ketone (MEK) Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.1.2 Asia-Pacific Methyl Ethyl Ketone (MEK) Sales by Country (2019-2024)
9.1.3 Asia-Pacific Methyl Ethyl Ketone (MEK) Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Methyl Ethyl Ketone (MEK) Market Size by Country
9.2.1 Asia-Pacific Methyl Ethyl Ketone (MEK) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2.2 Asia-Pacific Methyl Ethyl Ketone (MEK) Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Methyl Ethyl Ketone (MEK) Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Methyl Ethyl Ketone (MEK) Sales by Country
10.1.1 Latin America Methyl Ethyl Ketone (MEK) Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.1.2 Latin America Methyl Ethyl Ketone (MEK) Sales by Country (2019-2024)
10.1.3 Latin America Methyl Ethyl Ketone (MEK) Sales Forecast by Country (2025-2030)
10.2 Latin America Methyl Ethyl Ketone (MEK) Market Size by Country
10.2.1 Latin America Methyl Ethyl Ketone (MEK) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2.2 Latin America Methyl Ethyl Ketone (MEK) Market Size by Country (2019-2024)
10.2.3 Latin America Methyl Ethyl Ketone (MEK) Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Methyl Ethyl Ketone (MEK) Sales by Country
11.1.1 Middle East and Africa Methyl Ethyl Ketone (MEK) Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.1.2 Middle East and Africa Methyl Ethyl Ketone (MEK) Sales by Country (2019-2024)
11.1.3 Middle East and Africa Methyl Ethyl Ketone (MEK) Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Methyl Ethyl Ketone (MEK) Market Size by Country
11.2.1 Middle East and Africa Methyl Ethyl Ketone (MEK) Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2.2 Middle East and Africa Methyl Ethyl Ketone (MEK) Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Methyl Ethyl Ketone (MEK) Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Methyl Ethyl Ketone (MEK) Value Chain Analysis
12.1.1 Methyl Ethyl Ketone (MEK) Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Methyl Ethyl Ketone (MEK) Production Mode & Process
12.2 Methyl Ethyl Ketone (MEK) Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Methyl Ethyl Ketone (MEK) Distributors
12.2.3 Methyl Ethyl Ketone (MEK) Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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