Global Methyl Ethyl Ketone Market: Growth Potential High in Emerging Nations, Reports Tmr

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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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...