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Methyl Ethyl Ketone (MEK)-Global Market Insights and Sales Trends 2025

Methyl Ethyl Ketone (MEK)-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1824916

No of Pages : 115

Synopsis
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.
The global Methyl Ethyl Ketone (MEK) market size is expected to reach US$ 1314.9 million by 2029, growing at a CAGR of -0.7% from 2023 to 2029. The market is mainly driven by the significant applications of Methyl Ethyl Ketone (MEK) in various end use industries. The expanding demands from the Coatings, Adhesives, Inks and Chemical Intermediates, are propelling Methyl Ethyl Ketone (MEK) market. General Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Ammonia Ester Grade segment is estimated at % CAGR for the next seven-year period.
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 Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Methyl Ethyl Ketone (MEK), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Methyl Ethyl Ketone (MEK) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Methyl Ethyl Ketone (MEK) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Methyl Ethyl Ketone (MEK) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Methyl Ethyl Ketone (MEK) covered in this report include ExxonMobil, Maruzen Petrochemical, Tonen, Shell, Sasol, SK Group, Celanese, Oxiteno and Idemitsu Kosan, etc.
The global Methyl Ethyl Ketone (MEK) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Methyl Ethyl Ketone (MEK) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Methyl Ethyl Ketone (MEK) market, Segment by Type:
General Grade
Ammonia Ester Grade
Others
Global Methyl Ethyl Ketone (MEK) market, by Application
Coatings
Adhesives
Inks
Chemical Intermediates
Lubricants
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Methyl Ethyl Ketone (MEK) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Methyl Ethyl Ketone (MEK) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Methyl Ethyl Ketone (MEK) Market Overview
1.1 Methyl Ethyl Ketone (MEK) Product Overview
1.2 Methyl Ethyl Ketone (MEK) Market Segment by Type
1.2.1 General Grade
1.2.2 Ammonia Ester Grade
1.2.3 Others
1.3 Global Methyl Ethyl Ketone (MEK) Market Size by Type
1.3.1 Global Methyl Ethyl Ketone (MEK) Market Size Overview by Type (2018-2029)
1.3.2 Global Methyl Ethyl Ketone (MEK) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Methyl Ethyl Ketone (MEK) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Methyl Ethyl Ketone (MEK) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Methyl Ethyl Ketone (MEK) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Methyl Ethyl Ketone (MEK) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Methyl Ethyl Ketone (MEK) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Methyl Ethyl Ketone (MEK) Sales Breakdown by Type (2018-2023)
2 Global Methyl Ethyl Ketone (MEK) Market Competition by Company
2.1 Global Top Players by Methyl Ethyl Ketone (MEK) Sales (2018-2023)
2.2 Global Top Players by Methyl Ethyl Ketone (MEK) Revenue (2018-2023)
2.3 Global Top Players by Methyl Ethyl Ketone (MEK) Price (2018-2023)
2.4 Global Top Manufacturers Methyl Ethyl Ketone (MEK) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Methyl Ethyl Ketone (MEK) Market Competitive Situation and Trends
2.5.1 Methyl Ethyl Ketone (MEK) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Methyl Ethyl Ketone (MEK) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Methyl Ethyl Ketone (MEK) as of 2022)
2.7 Date of Key Manufacturers Enter into Methyl Ethyl Ketone (MEK) Market
2.8 Key Manufacturers Methyl Ethyl Ketone (MEK) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Methyl Ethyl Ketone (MEK) Status and Outlook by Region
3.1 Global Methyl Ethyl Ketone (MEK) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Methyl Ethyl Ketone (MEK) Historic Market Size by Region
3.2.1 Global Methyl Ethyl Ketone (MEK) Sales in Volume by Region (2018-2023)
3.2.2 Global Methyl Ethyl Ketone (MEK) Sales in Value by Region (2018-2023)
3.2.3 Global Methyl Ethyl Ketone (MEK) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Methyl Ethyl Ketone (MEK) Forecasted Market Size by Region
3.3.1 Global Methyl Ethyl Ketone (MEK) Sales in Volume by Region (2024-2029)
3.3.2 Global Methyl Ethyl Ketone (MEK) Sales in Value by Region (2024-2029)
3.3.3 Global Methyl Ethyl Ketone (MEK) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Methyl Ethyl Ketone (MEK) by Application
4.1 Methyl Ethyl Ketone (MEK) Market Segment by Application
4.1.1 Coatings
4.1.2 Adhesives
4.1.3 Inks
4.1.4 Chemical Intermediates
4.1.5 Lubricants
4.1.6 Others
4.2 Global Methyl Ethyl Ketone (MEK) Market Size by Application
4.2.1 Global Methyl Ethyl Ketone (MEK) Market Size Overview by Application (2018-2029)
4.2.2 Global Methyl Ethyl Ketone (MEK) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Methyl Ethyl Ketone (MEK) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Methyl Ethyl Ketone (MEK) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Methyl Ethyl Ketone (MEK) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Methyl Ethyl Ketone (MEK) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Methyl Ethyl Ketone (MEK) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Methyl Ethyl Ketone (MEK) Sales Breakdown by Application (2018-2023)
5 North America Methyl Ethyl Ketone (MEK) by Country
5.1 North America Methyl Ethyl Ketone (MEK) Historic Market Size by Country
5.1.1 North America Methyl Ethyl Ketone (MEK) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Methyl Ethyl Ketone (MEK) Sales in Volume by Country (2018-2023)
5.1.3 North America Methyl Ethyl Ketone (MEK) Sales in Value by Country (2018-2023)
5.2 North America Methyl Ethyl Ketone (MEK) Forecasted Market Size by Country
5.2.1 North America Methyl Ethyl Ketone (MEK) Sales in Volume by Country (2024-2029)
5.2.2 North America Methyl Ethyl Ketone (MEK) Sales in Value by Country (2024-2029)
6 Europe Methyl Ethyl Ketone (MEK) by Country
6.1 Europe Methyl Ethyl Ketone (MEK) Historic Market Size by Country
6.1.1 Europe Methyl Ethyl Ketone (MEK) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Methyl Ethyl Ketone (MEK) Sales in Volume by Country (2018-2023)
6.1.3 Europe Methyl Ethyl Ketone (MEK) Sales in Value by Country (2018-2023)
6.2 Europe Methyl Ethyl Ketone (MEK) Forecasted Market Size by Country
6.2.1 Europe Methyl Ethyl Ketone (MEK) Sales in Volume by Country (2024-2029)
6.2.2 Europe Methyl Ethyl Ketone (MEK) Sales in Value by Country (2024-2029)
7 Asia-Pacific Methyl Ethyl Ketone (MEK) by Region
7.1 Asia-Pacific Methyl Ethyl Ketone (MEK) Historic Market Size by Region
7.1.1 Asia-Pacific Methyl Ethyl Ketone (MEK) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Methyl Ethyl Ketone (MEK) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Methyl Ethyl Ketone (MEK) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Methyl Ethyl Ketone (MEK) Forecasted Market Size by Region
7.2.1 Asia-Pacific Methyl Ethyl Ketone (MEK) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Methyl Ethyl Ketone (MEK) Sales in Value by Region (2024-2029)
8 Latin America Methyl Ethyl Ketone (MEK) by Country
8.1 Latin America Methyl Ethyl Ketone (MEK) Historic Market Size by Country
8.1.1 Latin America Methyl Ethyl Ketone (MEK) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Methyl Ethyl Ketone (MEK) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Methyl Ethyl Ketone (MEK) Sales in Value by Country (2018-2023)
8.2 Latin America Methyl Ethyl Ketone (MEK) Forecasted Market Size by Country
8.2.1 Latin America Methyl Ethyl Ketone (MEK) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Methyl Ethyl Ketone (MEK) Sales in Value by Country (2024-2029)
9 Middle East and Africa Methyl Ethyl Ketone (MEK) by Country
9.1 Middle East and Africa Methyl Ethyl Ketone (MEK) Historic Market Size by Country
9.1.1 Middle East and Africa Methyl Ethyl Ketone (MEK) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Methyl Ethyl Ketone (MEK) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Methyl Ethyl Ketone (MEK) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Methyl Ethyl Ketone (MEK) Forecasted Market Size by Country
9.2.1 Middle East and Africa Methyl Ethyl Ketone (MEK) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Methyl Ethyl Ketone (MEK) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ExxonMobil
10.1.1 ExxonMobil Company Information
10.1.2 ExxonMobil Introduction and Business Overview
10.1.3 ExxonMobil Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ExxonMobil Methyl Ethyl Ketone (MEK) Products Offered
10.1.5 ExxonMobil Recent Development
10.2 Maruzen Petrochemical
10.2.1 Maruzen Petrochemical Company Information
10.2.2 Maruzen Petrochemical Introduction and Business Overview
10.2.3 Maruzen Petrochemical Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Maruzen Petrochemical Methyl Ethyl Ketone (MEK) Products Offered
10.2.5 Maruzen Petrochemical Recent Development
10.3 Tonen
10.3.1 Tonen Company Information
10.3.2 Tonen Introduction and Business Overview
10.3.3 Tonen Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Tonen Methyl Ethyl Ketone (MEK) Products Offered
10.3.5 Tonen Recent Development
10.4 Shell
10.4.1 Shell Company Information
10.4.2 Shell Introduction and Business Overview
10.4.3 Shell Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Shell Methyl Ethyl Ketone (MEK) Products Offered
10.4.5 Shell Recent Development
10.5 Sasol
10.5.1 Sasol Company Information
10.5.2 Sasol Introduction and Business Overview
10.5.3 Sasol Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Sasol Methyl Ethyl Ketone (MEK) Products Offered
10.5.5 Sasol Recent Development
10.6 SK Group
10.6.1 SK Group Company Information
10.6.2 SK Group Introduction and Business Overview
10.6.3 SK Group Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 SK Group Methyl Ethyl Ketone (MEK) Products Offered
10.6.5 SK Group Recent Development
10.7 Celanese
10.7.1 Celanese Company Information
10.7.2 Celanese Introduction and Business Overview
10.7.3 Celanese Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Celanese Methyl Ethyl Ketone (MEK) Products Offered
10.7.5 Celanese Recent Development
10.8 Oxiteno
10.8.1 Oxiteno Company Information
10.8.2 Oxiteno Introduction and Business Overview
10.8.3 Oxiteno Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Oxiteno Methyl Ethyl Ketone (MEK) Products Offered
10.8.5 Oxiteno Recent Development
10.9 Idemitsu Kosan
10.9.1 Idemitsu Kosan Company Information
10.9.2 Idemitsu Kosan Introduction and Business Overview
10.9.3 Idemitsu Kosan Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Idemitsu Kosan Methyl Ethyl Ketone (MEK) Products Offered
10.9.5 Idemitsu Kosan Recent Development
10.10 Petro Brazi
10.10.1 Petro Brazi Company Information
10.10.2 Petro Brazi Introduction and Business Overview
10.10.3 Petro Brazi Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Petro Brazi Methyl Ethyl Ketone (MEK) Products Offered
10.10.5 Petro Brazi Recent Development
10.11 QiXiang TengDA
10.11.1 QiXiang TengDA Company Information
10.11.2 QiXiang TengDA Introduction and Business Overview
10.11.3 QiXiang TengDA Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 QiXiang TengDA Methyl Ethyl Ketone (MEK) Products Offered
10.11.5 QiXiang TengDA Recent Development
10.12 TASCO
10.12.1 TASCO Company Information
10.12.2 TASCO Introduction and Business Overview
10.12.3 TASCO Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 TASCO Methyl Ethyl Ketone (MEK) Products Offered
10.12.5 TASCO Recent Development
10.13 Lanzhou Petrochemical
10.13.1 Lanzhou Petrochemical Company Information
10.13.2 Lanzhou Petrochemical Introduction and Business Overview
10.13.3 Lanzhou Petrochemical Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Lanzhou Petrochemical Methyl Ethyl Ketone (MEK) Products Offered
10.13.5 Lanzhou Petrochemical Recent Development
10.14 Fushun Petrochemical
10.14.1 Fushun Petrochemical Company Information
10.14.2 Fushun Petrochemical Introduction and Business Overview
10.14.3 Fushun Petrochemical Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Fushun Petrochemical Methyl Ethyl Ketone (MEK) Products Offered
10.14.5 Fushun Petrochemical Recent Development
10.15 Tianli High-Tech
10.15.1 Tianli High-Tech Company Information
10.15.2 Tianli High-Tech Introduction and Business Overview
10.15.3 Tianli High-Tech Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Tianli High-Tech Methyl Ethyl Ketone (MEK) Products Offered
10.15.5 Tianli High-Tech Recent Development
10.16 Lee Chang Yung Chemical
10.16.1 Lee Chang Yung Chemical Company Information
10.16.2 Lee Chang Yung Chemical Introduction and Business Overview
10.16.3 Lee Chang Yung Chemical Methyl Ethyl Ketone (MEK) Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Lee Chang Yung Chemical Methyl Ethyl Ketone (MEK) Products Offered
10.16.5 Lee Chang Yung Chemical Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Methyl Ethyl Ketone (MEK) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Methyl Ethyl Ketone (MEK) Industrial Chain Analysis
11.4 Methyl Ethyl Ketone (MEK) Market Dynamics
11.4.1 Methyl Ethyl Ketone (MEK) Industry Trends
11.4.2 Methyl Ethyl Ketone (MEK) Market Drivers
11.4.3 Methyl Ethyl Ketone (MEK) Market Challenges
11.4.4 Methyl Ethyl Ketone (MEK) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Methyl Ethyl Ketone (MEK) Distributors
12.3 Methyl Ethyl Ketone (MEK) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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