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
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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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of rivalry
- Threat of substitutes
- Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Global MEK market for paints and coatings 2017-2022
- Global MEK market for printing inks 2017-2022
- Global MEK market for adhesives 2017-2022
- Global MEK market for others 2017-2022
- Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- MEK market in APAC 2017-2022
- MEK market in EMEA 2017-2022
- MEK market in Americas 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Increasing demand for and adoption of sustainable routes to produce MEK
- Use of MEK as a non-halogenated solvent in the process of polymer recovery
- Development of advanced processes pertaining to the production of MEK
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Arkema
- COSMO ENERGY GROUP
- Exxon Mobil
- Royal Dutch Shell
- SASOL
- Zibo Qixiang Petrochemical Industry
PART 15: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape