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Methyl Ethyl Ketone Market 2025 Report by Rising Demand, Future Scope, Market Status

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Rahul Sharma
Methyl Ethyl Ketone Market 2025 Report by Rising Demand, Future Scope, Market Status

Methyl Ethyl Ketone Market was valued at USD 2.56 billion in 2015 and is anticipated to reach USD 4.01 billion by 2024. Methyl-ethyl-ketone (MEK) is a colourless and a harsh smelling carbon-based compound. It is commonly identified as butanone. It is characterized by outstanding chemical properties including high viscosity, low boiling point, high solvency and high evaporation rate owing to which it is used as a solvent across several applications. This liquid has a sweet smell indicated the presence of acetone and butterscotch, hence is produced on a large scale in the industries.

 

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Market Synopsis of Methyl Ethyl Ketone Market:

 

MEK is a liquid solvent used in chemical intermediates, adhesives, printing inks, magnetic tapes and lube oil dewaxing processes. Solvent is suitable for surface coatings that help in reducing emissions from its highly efficiency and versatility. It is used in chemical manufacturing, particularly for drugs and cosmetics. Other uses of MEK include surgical instruments sterilization and vegetable oil extraction. MEK market is expected to be driven in the foreseeable future by its widespread use in industrial sectors including feedstock and intermediate chemical applications such as additives in furniture polishes, rubber based cement, pharmaceuticals and PVC piping applications.

 

MEK is acts as a natural component in foods, a wide assortment of cheeses, beans, honey, chicken and apple juice. MEK is also found in drinking water and surface water at numerous sites. One can also come I contact with MEK through contact with household products which contains chemicals or even at the workplace. The quantity, frequency and length of exposure can affect the health of a person. Effects can vary from irritation and headaches to severe damage to skin and nervous system. However, with strict government regulations and rising environmental concerns, the market is expected to experience a downturn as MEK has been marked for its harmful nature in Toxic Substances Control Act by EPA among others. Secondary challenges that can hamper market growth include presence of substitute compounds and raw material price sensitivity.

 

The global MEK market is led by a few manufacturers, particularly based out of China. Despite this, the MEK demand is anticipated to be comparatively slow. Nonetheless, its global supply is expected to rise considerably after the revival of Asia’s leading facility situated in China that had been closed down in 2011 due to damages caused by earthquakes.

 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/methyl-ethyl-ketone-mek-market

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Methyl Ethyl Ketone: Market Variables, Trends & Scope              

Chapter 4 Methyl Ethyl Ketone: Product Estimates & Trend Analysis

Chapter 5 Methyl Ethyl Ketone: Application Estimates & Trend Analysis

Chapter 6 Methyl Ethyl Ketone: End-use Estimates & Trend Analysis

Chapter 7 Methyl Ethyl Ketone: Industrial End-use Estimates & Trend Analysis

Chapter 8 Methyl Ethyl Ketone: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Methyl Ethyl Ketone: Manufacturers Company Profiles

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