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Methyl Ethyl Ketone (MEK) Industry Research Report 2024

April 2024 | 136 pages | ID: M1757CC59D7FEN
APO Research

US$ 2,950.00

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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 valued at US$ million in 2023 and is anticipated to reach 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 report will help the Methyl Ethyl Ketone (MEK) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 3: Detailed analysis of Methyl Ethyl Ketone (MEK) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 5: Production/output, value of Methyl Ethyl Ketone (MEK) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 6: Consumption of Methyl Ethyl Ketone (MEK) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: 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 11: The main points and conclusions of the report.

Chapter 11: The main points and conclusions of the report.
1 PREFACE

1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
  1.5.1 Secondary Sources
  1.5.2 Primary Sources

2 MARKET OVERVIEW

2.1 Product Definition
2.2 Methyl Ethyl Ketone (MEK) by Type
  2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
  2.2.2 General Grade
  2.2.3 Ammonia Ester Grade
  2.2.4 Others
2.3 Methyl Ethyl Ketone (MEK) by Application
  2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
  2.3.2 Coatings
  2.3.3 Adhesives
  2.3.4 Inks
  2.3.5 Chemical Intermediates
  2.3.6 Lubricants
  2.3.7 Others
2.4 Global Market Growth Prospects
  2.4.1 Global Methyl Ethyl Ketone (MEK) Production Value Estimates and Forecasts (2019-2030)
  2.4.2 Global Methyl Ethyl Ketone (MEK) Production Capacity Estimates and Forecasts (2019-2030)
  2.4.3 Global Methyl Ethyl Ketone (MEK) Production Estimates and Forecasts (2019-2030)
  2.4.4 Global Methyl Ethyl Ketone (MEK) Market Average Price (2019-2030)

3 MARKET COMPETITIVE LANDSCAPE BY MANUFACTURERS

3.1 Global Methyl Ethyl Ketone (MEK) Production by Manufacturers (2019-2024)
3.2 Global Methyl Ethyl Ketone (MEK) Production Value by Manufacturers (2019-2024)
3.3 Global Methyl Ethyl Ketone (MEK) Average Price by Manufacturers (2019-2024)
3.4 Global Methyl Ethyl Ketone (MEK) Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Methyl Ethyl Ketone (MEK) Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Methyl Ethyl Ketone (MEK) Manufacturers, Product Type & Application
3.7 Global Methyl Ethyl Ketone (MEK) Manufacturers, Date of Enter into This Industry
3.8 Global Methyl Ethyl Ketone (MEK) Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition

4 MANUFACTURERS PROFILED

4.1 ExxonMobil
  4.1.1 ExxonMobil Methyl Ethyl Ketone (MEK) Company Information
  4.1.2 ExxonMobil Methyl Ethyl Ketone (MEK) Business Overview
  4.1.3 ExxonMobil Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.1.4 ExxonMobil Product Portfolio
  4.1.5 ExxonMobil Recent Developments
4.2 Maruzen Petrochemical
  4.2.1 Maruzen Petrochemical Methyl Ethyl Ketone (MEK) Company Information
  4.2.2 Maruzen Petrochemical Methyl Ethyl Ketone (MEK) Business Overview
  4.2.3 Maruzen Petrochemical Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.2.4 Maruzen Petrochemical Product Portfolio
  4.2.5 Maruzen Petrochemical Recent Developments
4.3 Tonen
  4.3.1 Tonen Methyl Ethyl Ketone (MEK) Company Information
  4.3.2 Tonen Methyl Ethyl Ketone (MEK) Business Overview
  4.3.3 Tonen Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.3.4 Tonen Product Portfolio
  4.3.5 Tonen Recent Developments
4.4 Shell
  4.4.1 Shell Methyl Ethyl Ketone (MEK) Company Information
  4.4.2 Shell Methyl Ethyl Ketone (MEK) Business Overview
  4.4.3 Shell Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.4.4 Shell Product Portfolio
  4.4.5 Shell Recent Developments
4.5 Sasol
  4.5.1 Sasol Methyl Ethyl Ketone (MEK) Company Information
  4.5.2 Sasol Methyl Ethyl Ketone (MEK) Business Overview
  4.5.3 Sasol Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.5.4 Sasol Product Portfolio
  4.5.5 Sasol Recent Developments
4.6 SK Group
  4.6.1 SK Group Methyl Ethyl Ketone (MEK) Company Information
  4.6.2 SK Group Methyl Ethyl Ketone (MEK) Business Overview
  4.6.3 SK Group Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.6.4 SK Group Product Portfolio
  4.6.5 SK Group Recent Developments
4.7 Celanese
  4.7.1 Celanese Methyl Ethyl Ketone (MEK) Company Information
  4.7.2 Celanese Methyl Ethyl Ketone (MEK) Business Overview
  4.7.3 Celanese Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.7.4 Celanese Product Portfolio
  4.7.5 Celanese Recent Developments
4.8 Oxiteno
  4.8.1 Oxiteno Methyl Ethyl Ketone (MEK) Company Information
  4.8.2 Oxiteno Methyl Ethyl Ketone (MEK) Business Overview
  4.8.3 Oxiteno Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.8.4 Oxiteno Product Portfolio
  4.8.5 Oxiteno Recent Developments
4.9 Idemitsu Kosan
  4.9.1 Idemitsu Kosan Methyl Ethyl Ketone (MEK) Company Information
  4.9.2 Idemitsu Kosan Methyl Ethyl Ketone (MEK) Business Overview
  4.9.3 Idemitsu Kosan Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.9.4 Idemitsu Kosan Product Portfolio
  4.9.5 Idemitsu Kosan Recent Developments
4.10 Petro Brazi
  4.10.1 Petro Brazi Methyl Ethyl Ketone (MEK) Company Information
  4.10.2 Petro Brazi Methyl Ethyl Ketone (MEK) Business Overview
  4.10.3 Petro Brazi Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.10.4 Petro Brazi Product Portfolio
  4.10.5 Petro Brazi Recent Developments
4.11 QiXiang TengDA
  4.11.1 QiXiang TengDA Methyl Ethyl Ketone (MEK) Company Information
  4.11.2 QiXiang TengDA Methyl Ethyl Ketone (MEK) Business Overview
  4.11.3 QiXiang TengDA Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.11.4 QiXiang TengDA Product Portfolio
  4.11.5 QiXiang TengDA Recent Developments
4.12 TASCO
  4.12.1 TASCO Methyl Ethyl Ketone (MEK) Company Information
  4.12.2 TASCO Methyl Ethyl Ketone (MEK) Business Overview
  4.12.3 TASCO Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.12.4 TASCO Product Portfolio
  4.12.5 TASCO Recent Developments
4.13 Lanzhou Petrochemical
  4.13.1 Lanzhou Petrochemical Methyl Ethyl Ketone (MEK) Company Information
  4.13.2 Lanzhou Petrochemical Methyl Ethyl Ketone (MEK) Business Overview
  4.13.3 Lanzhou Petrochemical Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.13.4 Lanzhou Petrochemical Product Portfolio
  4.13.5 Lanzhou Petrochemical Recent Developments
4.14 Fushun Petrochemical
  4.14.1 Fushun Petrochemical Methyl Ethyl Ketone (MEK) Company Information
  4.14.2 Fushun Petrochemical Methyl Ethyl Ketone (MEK) Business Overview
  4.14.3 Fushun Petrochemical Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.14.4 Fushun Petrochemical Product Portfolio
  4.14.5 Fushun Petrochemical Recent Developments
4.15 Tianli High-Tech
  4.15.1 Tianli High-Tech Methyl Ethyl Ketone (MEK) Company Information
  4.15.2 Tianli High-Tech Methyl Ethyl Ketone (MEK) Business Overview
  4.15.3 Tianli High-Tech Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.15.4 Tianli High-Tech Product Portfolio
  4.15.5 Tianli High-Tech Recent Developments
4.16 Lee Chang Yung Chemical
  4.16.1 Lee Chang Yung Chemical Methyl Ethyl Ketone (MEK) Company Information
  4.16.2 Lee Chang Yung Chemical Methyl Ethyl Ketone (MEK) Business Overview
  4.16.3 Lee Chang Yung Chemical Methyl Ethyl Ketone (MEK) Production Capacity, Value and Gross Margin (2019-2024)
  4.16.4 Lee Chang Yung Chemical Product Portfolio
  4.16.5 Lee Chang Yung Chemical Recent Developments

5 GLOBAL METHYL ETHYL KETONE (MEK) PRODUCTION BY REGION

5.1 Global Methyl Ethyl Ketone (MEK) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Methyl Ethyl Ketone (MEK) Production by Region: 2019-2030
  5.2.1 Global Methyl Ethyl Ketone (MEK) Production by Region: 2019-2024
  5.2.2 Global Methyl Ethyl Ketone (MEK) Production Forecast by Region (2025-2030)
5.3 Global Methyl Ethyl Ketone (MEK) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Methyl Ethyl Ketone (MEK) Production Value by Region: 2019-2030
  5.4.1 Global Methyl Ethyl Ketone (MEK) Production Value by Region: 2019-2024
  5.4.2 Global Methyl Ethyl Ketone (MEK) Production Value Forecast by Region (2025-2030)
5.5 Global Methyl Ethyl Ketone (MEK) Market Price Analysis by Region (2019-2024)
5.6 Global Methyl Ethyl Ketone (MEK) Production and Value, YOY Growth
  5.6.1 North America Methyl Ethyl Ketone (MEK) Production Value Estimates and Forecasts (2019-2030)
  5.6.2 Europe Methyl Ethyl Ketone (MEK) Production Value Estimates and Forecasts (2019-2030)
  5.6.3 China Methyl Ethyl Ketone (MEK) Production Value Estimates and Forecasts (2019-2030)
  5.6.4 Japan Methyl Ethyl Ketone (MEK) Production Value Estimates and Forecasts (2019-2030)

6 GLOBAL METHYL ETHYL KETONE (MEK) CONSUMPTION BY REGION

6.1 Global Methyl Ethyl Ketone (MEK) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Methyl Ethyl Ketone (MEK) Consumption by Region (2019-2030)
  6.2.1 Global Methyl Ethyl Ketone (MEK) Consumption by Region: 2019-2030
  6.2.2 Global Methyl Ethyl Ketone (MEK) Forecasted Consumption by Region (2025-2030)
6.3 North America
  6.3.1 North America Methyl Ethyl Ketone (MEK) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.3.2 North America Methyl Ethyl Ketone (MEK) Consumption by Country (2019-2030)
  6.3.3 U.S.
  6.3.4 Canada
6.4 Europe
  6.4.1 Europe Methyl Ethyl Ketone (MEK) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.4.2 Europe Methyl Ethyl Ketone (MEK) Consumption by Country (2019-2030)
  6.4.3 Germany
  6.4.4 France
  6.4.5 U.K.
  6.4.6 Italy
  6.4.7 Russia
6.5 Asia Pacific
  6.5.1 Asia Pacific Methyl Ethyl Ketone (MEK) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.5.2 Asia Pacific Methyl Ethyl Ketone (MEK) Consumption by Country (2019-2030)
  6.5.3 China
  6.5.4 Japan
  6.5.5 South Korea
  6.5.6 China Taiwan
  6.5.7 Southeast Asia
  6.5.8 India
  6.5.9 Australia
6.6 Latin America, Middle East & Africa
  6.6.1 Latin America, Middle East & Africa Methyl Ethyl Ketone (MEK) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.6.2 Latin America, Middle East & Africa Methyl Ethyl Ketone (MEK) Consumption by Country (2019-2030)
  6.6.3 Mexico
  6.6.4 Brazil
  6.6.5 Turkey
  6.6.5 GCC Countries

7 SEGMENT BY TYPE

7.1 Global Methyl Ethyl Ketone (MEK) Production by Type (2019-2030)
  7.1.1 Global Methyl Ethyl Ketone (MEK) Production by Type (2019-2030) & (K MT)
  7.1.2 Global Methyl Ethyl Ketone (MEK) Production Market Share by Type (2019-2030)
7.2 Global Methyl Ethyl Ketone (MEK) Production Value by Type (2019-2030)
  7.2.1 Global Methyl Ethyl Ketone (MEK) Production Value by Type (2019-2030) & (US$ Million)
  7.2.2 Global Methyl Ethyl Ketone (MEK) Production Value Market Share by Type (2019-2030)
7.3 Global Methyl Ethyl Ketone (MEK) Price by Type (2019-2030)

8 SEGMENT BY APPLICATION

8.1 Global Methyl Ethyl Ketone (MEK) Production by Application (2019-2030)
  8.1.1 Global Methyl Ethyl Ketone (MEK) Production by Application (2019-2030) & (K MT)
  8.1.2 Global Methyl Ethyl Ketone (MEK) Production by Application (2019-2030) & (K MT)
8.2 Global Methyl Ethyl Ketone (MEK) Production Value by Application (2019-2030)
  8.2.1 Global Methyl Ethyl Ketone (MEK) Production Value by Application (2019-2030) & (US$ Million)
  8.2.2 Global Methyl Ethyl Ketone (MEK) Production Value Market Share by Application (2019-2030)
8.3 Global Methyl Ethyl Ketone (MEK) Price by Application (2019-2030)

9 VALUE CHAIN AND SALES CHANNELS ANALYSIS OF THE MARKET

9.1 Methyl Ethyl Ketone (MEK) Value Chain Analysis
  9.1.1 Methyl Ethyl Ketone (MEK) Key Raw Materials
  9.1.2 Raw Materials Key Suppliers
  9.1.3 Methyl Ethyl Ketone (MEK) Production Mode & Process
9.2 Methyl Ethyl Ketone (MEK) Sales Channels Analysis
  9.2.1 Direct Comparison with Distribution Share
  9.2.2 Methyl Ethyl Ketone (MEK) Distributors
  9.2.3 Methyl Ethyl Ketone (MEK) Customers

10 GLOBAL METHYL ETHYL KETONE (MEK) ANALYZING MARKET DYNAMICS

10.1 Methyl Ethyl Ketone (MEK) Industry Trends
10.2 Methyl Ethyl Ketone (MEK) Industry Drivers
10.3 Methyl Ethyl Ketone (MEK) Industry Opportunities and Challenges
10.4 Methyl Ethyl Ketone (MEK) Industry Restraints

11 REPORT CONCLUSION

12 DISCLAIMER



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