Global Methyl Isobutyl Ketone (Mibk) Market: Increased Focus on Development of Bio-Based Product Range Vital for Sustainable Growth, Says Tmr

Transparency Market

Research

Methyl Isobutyl Ketone Market - Global Industry

Analysis, Size, Share, Growth, Trends, and Forecast

2016 - 2024

Published Date

16-Nov-2016

145 Page Report

Buy Now

Request Sample

Press Release

Global Methyl Isobutyl Ketone (MIBK) Market: Increased

Focus on Development of Bio-based Product Range Vital for

Sustainable Growth, says TMR

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

Methyl Isobutyl Ketone Market

REPORT DESCRIPTION

Methyl Isobutyl Ketone Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

2016 - 2024

The global market for methyl isobutyl ketone (MIBK) features a largely consolidated competitive landscape,

with the top five players accounting for over 55% of the overall market in 2015. These companies, namely

Shell Chemicals, Kumho P&B Chemicals., Inc., Celanese Corporation, The Dow Chemical Company, and LCY

Chemical Corp. have established strong distribution and sales channels to enhance their reach and market

their products to customers across the globe. The degree of competition in the market is expected to be low to

medium during the forecast period. Focus on the increased production of bio-based MIBK is anticipated to offer

lucrative opportunities to market participants in terms of product development in the near future.

Transparency Market Research estimates that the global methyl isobutyl ketone market will exhibit a 7.5%

CAGR over the period between 2016 and 2024. If the prediction holds true, the market, which valued at

US$827.4 mn in 2015, will rise to US$1,572.3 mn by 2024.

Get Sample Of This Research Report At :

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1310

In terms of application, the solvent segment accounted for the leading share of the market in 2015 and is

anticipated to expand at a promising CAGR of 7.7% between 2016...