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Transparency Market
Research
Methyl Ethyl Ketone Market for Paints & Coatings,
Printing Inks and Other Applications - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast,
2013 - 2019
Published Date
29-Jan-2014
76 Page Report
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Press Release
Global Methyl Ethyl Ketone Market: Growth Potential High in
Emerging Nations, reports TMR
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Methyl Ethyl Ketone Market
REPORT DESCRIPTION
Methyl Ethyl Ketone Market for Paints & Coatings, Printing Inks and Other Applications - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
The global methyl ethyl ketone (MEK) market is fairly consolidated with the top five companies accounting for
63.6% of the market in 2012. These key players in the market are ExxonMobil Chemical, Maruzen
Petrochemical Co. Ltd., Zibo Qixiang Petrochemical Industry Group Co. Ltd., Sasol Solvents, and Tasco
Chemical Corporation. Most of the players are from China Taiwan, Korea, and Japan and their main focus is on
increasing the production capacities of their existing plants. Some of the problems faced by players in this
market are cost fluctuations and problems with the availability of raw materials. The threat from substitutes is
likely to rise from medium to high owing to the availability of viable substitutes such as acetone and ethyl
acetate, says a new report by Transparency Market Research (TMR). On the other hand, high cost of
innovation and commercialization will result in a low level threat from new entrants.
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According to the report, the global market opportunity in global methyl ethyl ketone will rise from US$2,560.0
mn in 2015 to US$3,064.5 mn by 2019. On the basis of application, the...