Global Methyl Ethyl Ketone (MEK) Market 2018-2022

Below are some of the key findings from this methyl ethyl ketone (MEK) market analysis report

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Global MEK industry overview

MEK acts as an excellent solvent, especially in the paints and coatings sector, and is thus used extensively in the construction sector. Developing countries have been spending heavily on construction activities geared towards the development of infrastructure. The increase in construction activities is driving the global methyl ethyl ketone (MEK) market.

The increasing demand for MEK and the adoption of sustainable routes to produce MEK are vital trends that will positively impact market growth. The adoption of sustainable routes to produce MEK helps fulfill the criteria for sustainable development, leading to market growth. Thus, the increasing construction activities coupled with the rising adoption of sustainable routes to produce MEK will drive the market growth at a CAGR of close to 5% during the forecast period.

Top MEK companies covered in this report

The global methyl ethyl ketone (MEK) market is moderately concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this MEK industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a detailed analysis of several leading MEK companies, including:

• Arkema
• COSMO ENERGY GROUP
• Exxon Mobil
• Royal Dutch Shell
• SASOL
• Zibo Qixiang Petrochemical Industry

MEK market segmentation based on application

• Paints and coatings
• Printing inks
• Adhesives
• Others

The paints and coatings segment was the largest application of the global MEK market in 2017. The market share of this segment will increase further, and it will continue to dominate the market throughout the next five years.

MEK market segmentation based on region

• The Americas
• APAC
• EMEA

APAC accounted for the largest MEK market share in 2017. This region will witness an increase in its market share and remain the market leader for the next five years. The growth of the market in the APAC region can be attributed to the strong demand from the construction industry and upcoming infrastructure projects.

Key highlights of the global methyl ethyl ketone (MEK) market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the MEK market during the next five years
• Precise estimation of the global MEK market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the methyl ethyl ketone (MEK) industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of MEK companies

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