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Methyl Ethyl Ketone Market Global Industry Analysis, Trends, Market Size & Forecasts To 2023


Methyl Ethyl Ketone Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023

Š Infinium Global Research

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Methyl Ethyl Ketone Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023

"We have produced a new premium report Methyl Ethyl Ketone Market. The report covers the analysis of global as well as regional markets of Methyl Ethyl Ketone. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Methyl Ethyl Ketone Market by application(adhesives, paints and coatings, personal care products, pharmaceuticals, plastics, printing inks, textiles) through main geographies in the global market such as North America, Europe, Asia-Pacific and RoW. The global methyl ethyl ketone market size surpassed USD 2.55 billion in 2015 and it is projected to grow at a CAGR between 5.0% and 5.5% over the forecast period of 2017 – 2023. The report covers market changing dynamics including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Methyl Ethyl Ketone Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Methyl Ethyl Ketone Market are application (adhesives, paints and coatings, personal care products, pharmaceuticals, plastics, printing inks, textiles)." Demand for printing inks is likely to grow during the forecast period Methyl Ethyl ketone is a colorless volatile liquid with a pungent odor. The major industrial applications of Methyl Ethyl Ketone includes paints and coatings, printing inks, plastics and textiles among others. Rapidly growing infrastructure in the developing countries is anticipated to be the factor driving the growth of the Methyl ethyl ketone market. Additionally, increasing printing inks demand from packaging and printing industry is expected to augment the growth of the methyl ethyl ketone. Due to the toxic nature of methyl ethyl ketone, there are health hazards associated such as skin allergies, tightness in chest and lungs, and irritation in nose and throat. These factors are expected to hinder the growth of the market over the forecast period. Growing pharmaceutical industry globally is expected to offer growth opportunities for the key players in the methyl ethyl ketone market. Most of the major petrochemical companies are integrated backward as they manufacture methyl ethyl ketone with its feedstock. These large companies have their own distribution channel while smaller companies generally determine for private distributors. Š Infinium Global Research

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Methyl Ethyl Ketone Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023

Among the geographies, Asia pacific is expected to continue its dominance over the forecast period due to the increasing demand for adhesives and printing inks from residential and commercial building constructions. North America is anticipated to grow at a slower rate due to end use industries such as paints and plastics. On the other hand, In Europe, the demand from Russia for paints and coatings due to the growth in construction sector is expected to drive the market. For More Details Get Free Sample Pages of this Premium Report @ https://www.infiniumglobalresearch.com/reports/sample-request/161 Segments Covered in this Premium Report The report segments the global methyl ethyl ketone market by application and region. On the basis of application, the market is segmented into adhesives, paints and coatings, personal care products, pharmaceuticals, plastics, printing inks, textiles and others. Geographic Coverage and Analysis: The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific region is the largest and fastest growing methyl ethyl ketone market. The increasing demand for adhesives, painting and coatings and printing inks, due to the investments in construction and infrastructure sectors in China and India drives the Asia-Pacific methyl ethyl ketone market. North American region is expected have a slow growth due to the maturity of the market and more or less stagnant demand from industries such as paints and plastics. In Europe, the demand from Russia for paints and coatings due to the growth in construction sector is expected to drive the market. However, the regulations from the European authorities regarding health and safety for MEK are expected to pose slight restraint for the growth of the European methyl ethyl ketone market. The steady growth in investments in construction sector is expected to provide high demand for paints and coatings and in turn boost the demand for MEK in Latin America. African region is expected to have a steady growth during the forecast period due to the investments in various sectors. Technological advancements Š Infinium Global Research

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Methyl Ethyl Ketone Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023

in some industries are expected drive the demand for MEK and provide more opportunities for the major market players to expand. Major key Players Covered in this Report The companies covered in the report include Arkema SA, ExxonMobil, Lanzhou Petrochemicals, Maruzen Petrochemicals, Petro China, Sasol Solvents, Shell Chemicals, SK Energy Company Ltd, Tasco Chemicals and Tonen Chemicals. Report Highlights: The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of methyl ethyl ketone globally as well as regionally. Moreover, IGRGrowth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of methyl ethyl ketone. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the methyl ethyl ketone market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the methyl ethyl ketone market to understand the present and future trends in this market and formulate their strategies accordingly. Browse Detailed Description and Company Mentioned in this Report @ https://www.infiniumglobalresearch.com/chemical-material/methyl-ethyl-ketonemarket

Š Infinium Global Research

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Market Study on Expected Growth for Methyl Ethyl Ketone Market  

The global methyl ethyl ketone market size surpassed USD 2.55 billion in 2015 and it is projected to grow at a CAGR between 5.0% and 5.5% ov...

Market Study on Expected Growth for Methyl Ethyl Ketone Market  

The global methyl ethyl ketone market size surpassed USD 2.55 billion in 2015 and it is projected to grow at a CAGR between 5.0% and 5.5% ov...

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