Methyl Isobutyl Ketone Market - Global Industry Analysis, Size, Share, Growth , Trends, and Forecast The methyl isobutyl ketone market size is anticipated to expand at significant CAGR during forecast period 2021–2028. Growth of the market is attributed to rapid urbanization, increasing overall efficiency & productivity for enterprises, and increasing demand for methyl isobutyl ketone in synthesis of anti-ozonate additives rubber.
(CH?)?CHCH?CCH? is the chemical formula for methyl isobutyl ketone [MIBK]. It is an organic compound with properties like colorless & liquid. As a solvent the methyl isobutyl ketone is used for nitrocellulose, gums, lacquers, resins, varnishes, and paints. It is also used for rubbers, industrial cleaners, chemical intermediate, pharmaceuticals, a solvent for manufacturing paints, and for making other chemicals. In semiconductor industry the methyl isobutyl ketone has high demand. For effective dissolution of resins, the methyl isobutyl ketone is used in lacquers, paints, inks, and other types of surface coatings. Request Sample link :- https://growthmarketreports.com/request-sample/2073 Market Trends, Drivers, Restraints, and Opportunities • • • • •
Increasing demand for medium evaporating solvent is projected to boost the market. Increasing usages of methyl isobutyl ketone in solid coating is the major factor fueling the market. Lack of awareness about the methyl isobutyl ketone is projected to restrict the market expansion during the forecast period. High price of products is anticipated to hamper the market growth in the coming years. R&D investment and technological advancement in methyl isobutyl ketone market is projected to offer lucrative opportunities for the market players