メチルエチルケトン（MEK）市場レポート：用途、形態、グレード、地域別、2025～2033年

世界のメチルエチルケトン市場規模は2024年に40億米ドルに達しました。今後、IMARC Groupは、市場は2033年までに58億米ドルに達し、2025～2033年にかけて4.06%の成長率（CAGR）を示すと予測しています。同市場は主に、接着剤、塗料、コーティング剤、印刷インキ産業での広範な利用によって推進されています。さらに、新興国における工業化の拡大とサステイナブル生産方法における技術進歩が、市場の成長と拡大をさらに後押ししています。

メチルエチルケトン市場分析

• 主要市場促進要因：メチルエチルケトンは、その急速な蒸発速度と強力な溶解力により、効果的な溶剤として重要な役割を果たしています。プラスチックやゴムの生産におけるこの化学品の需要の増加は、市場の成長をさらに後押ししています。さらに、メチルエチルケトンは様々な生産プロセスで必要とされ、様々な産業用洗浄用途で不可欠な溶剤であるため、新興経済圏での産業活動の活発化が市場を大きく後押ししています。さらに、自動車、建築、包装を含む多くの産業における印刷・粘着インクの需要の高まりは、メチルエチルケトン市場の成長に大きく寄与しています。
• 主要市場動向：市場に影響を与える主要動向は、厳しい環境施策と消費者意識の高まりにより、環境に優しくサステイナブル代替溶剤への傾斜が強まっていることです。メチルエチルケトンの生産プロセスにおける技術的進歩は、効率を改善し、環境への影響を低減しており、産業の拡大をさらに後押ししています。再生可能資源に由来するバイオベースメチルエチルケトンの開発は、従来型石油系溶剤に代わるよりエコフレンドリー溶剤として勢いを増しています。さらに、農薬や医薬品といった新たな用途へのMEKの展開が、その市場範囲を拡大しています。
• 地理的動向：アジア太平洋は、日本、インド、中国などの急速な都市化と工業化に牽引され、メチルエチルケトンの地域別市場の中で最も急成長している主要市場です。同地域の塗料・コーティング部門の堅調な成長と建設・自動車産業からの大幅な需要が、この優位性を際立たせています。さらに、政府の有益な施策とインフラ開発への多額の投資が、メチルエチルケトン需要を押し上げています。アジア太平洋の製造基盤の拡大は、外国直接投資の増加や生産能力の急上昇と相まって、世界のMEK市場における重要なハブとしての地位を強化しています。さらに、同地域では持続可能でエコフレンドリー製造プラクティスへの注目が高まっていることから、技術革新が促進され、MEK市場に新たな成長機会が生まれると期待されています。
• 競合情勢：メチルエチルケトン産業の主要市場参入企業には、Arkema、Cetex Petrochemicals、Cosmo Energy Group、ExxonMobil Corporation、Fushun Petrochemical Company、Ineos Solvents、丸善石油化学、Nouryon、Royal Dutch Shell Plc、Sasol、Tasco Chemicals、Zibo Qixiang Petrochemical Industry Group Co.Ltd.などがあります。
• 課題と機会：メチルエチルケトン市場の最近の動向には、持続可能性の動向に沿ったバイオベースメチルエチルケトンのようなサステイナブル代替品の研究開発・革新が含まれます。さらに、生産プロセスを強化し、製品の品質を向上させるための研究手法に重点が置かれるようになり、大きな成長の展望が立っています。メチルエチルケトンは、エレクトロニクスや医薬品を含む新興セグメントで幅広く使用されており、さらに実りある機会を提供しています。さらに、現在規制状況の舵取りを行い、サステイナブル方法論に投資している企業は、この進行中の市場において競争優位を獲得し、その進行に乗じて有利な立場に立つことができます。数多くの機会がある一方で、厳しい環境規制や原料価格の高騰といった課題もあり、成長が制限される可能性もあります。

メチルエチルケトン市場の動向

航空宇宙セグメントと自動車セグメントでの製品需要の増加

メチルエチルケトン市場は、航空宇宙セグメントと自動車セグメントでの需要の増加により大きな成長を遂げています。メチルエチルケトンの優れた溶解特性は、メンテナンスや製造プロセスで活用される高性能接着剤やコーティング剤の加工に最適です。低燃費で軽量な航空機や電気自動車への顕著なシフトは、メチルエチルケトン由来製品の需要をさらに強化し、市場の成長を促進しています。国際エネルギー機関によると、電気自動車の販売台数は2023年に1,400万台を記録し、2020年の4%から2023年には18%に上昇します。さらに、2024年の販売台数は20%以上増加し、1,700万台に達すると予想されています。さらに、パンデミック後の航空宇宙と自動車セクタの回復がこの増加傾向を維持すると予測され、これらのセクタにおけるメチルエチルケトン需要の安定を促進します。

建設とインフラ開発の急成長

メチルエチルケトンは、近代的な建築工法に必要なコーティング剤、接着剤、塗料の製造に幅広く活用されています。工業化と都市化が特に新興経済圏で急速に進むにつれて、MEKの需要は建設関連用途で増加すると予測されています。世界銀行によると、世界のGDPの80％以上は都市部で生み出されています。さらに、44億人が都市部に居住しており、この数は2050年までに倍増すると予想されています。政府機関は現在、改修プロジェクトやインフラ整備に力を入れており、開発をさらに促進しています。さらに、メチルエチルケトンベース製品は、様々な環境条件下での有効性と耐久性により、これらのセグメントで不可欠な成分として位置づけられています。

包装・印刷インキセグメントでの利用拡大

メチルエチルケトン市場レポートは、世界市場が包装と印刷インキ産業におけるMEKの広範な用途から大きな恩恵を受けていることを強調しています。MEKは、主にその高い溶解性と迅速な蒸発速度の特性により、高品質の印刷インキを製造するための理想的な溶剤であり、このセグメントでの需要をさらに押し上げています。eコマースセクタの急拡大と包装商品への需要の高まりは、高性能で効率的な印刷ソリューションへの要求を高めています。最近のデータ報告によると、世界には2,600万を超えるeコマース・ウェブサイトがあります。さらに、2023年には約26億4,000万人の消費者が少なくとも1回はオンライン購入を完了すると予測されています。MEK由来のインキは、包装製品に不可欠な優れた接着性と品質を記載しています。包装技術の進歩や革新が進み、耐久性が高く魅力的な包装への注目が高まっていることから、こうした用途におけるMEKの需要はさらに高まると予測されます。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査の目的
• ステークホルダー
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要産業動向

第5章 世界のメチルエチルケトン市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：用途別

• 塗料とコーティング
• 接着剤とシンナー
• 印刷インク
• 医薬品
• その他

第7章 市場内訳：形態別

• 液体
• ソリッドフォーム

第8章 市場内訳：グレード別

• レギュラーグレード
• ウレタングレード
• その他

第9章 市場内訳：地域別

• 北米
  • 米国
  • カナダ
• アジア太平洋
  • 中国
  • 日本
  • インド
  • 韓国
  • オーストラリア
  • インドネシア
  • その他
• 欧州
  • ドイツ
  • フランス
  • 英国
  • イタリア
  • スペイン
  • ロシア
  • その他
• ラテンアメリカ
  • ブラジル
  • メキシコ
  • その他
• 中東・アフリカ
  • 市場内訳：国別

第10章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第11章 バリューチェーン分析

• 概要
• インバウンド物流
• オペレーション
• アウトバウンド物流
• マーケティングとセールス
• サービス

第12章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第13章 価格分析

• 主要価格指標
• 価格構造
• 価格動向

第14章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • Arkema
  • Cetex Petrochemicals
  • Cosmo Energy Group
  • ExxonMobil Corporation
  • Fushun Petrochemical Company
  • Ineos Solvents
  • Maruzen Petrochemical
  • Nouryon
  • Royal Dutch Shell plc
  • Sasol
  • Tasco Chemicals
  • Zibo Qixiang Petrochemical Industry Group Co. Ltd

List of Figures

• Figure 1: Global: Methyl Ethyl Ketone Market: Major Drivers and Challenges
• Figure 2: Global: Methyl Ethyl Ketone Market: Sales Value (in Billion USD), 2019-2024
• Figure 3: Global: Methyl Ethyl Ketone Market: Breakup by Application (in %), 2024
• Figure 4: Global: Methyl Ethyl Ketone Market: Breakup by Form (in %), 2024
• Figure 5: Global: Methyl Ethyl Ketone Market: Breakup by Grade (in %), 2024
• Figure 6: Global: Methyl Ethyl Ketone Market: Breakup by Region (in %), 2024
• Figure 7: Global: Methyl Ethyl Ketone Market Forecast: Sales Value (in Billion USD), 2025-2033
• Figure 8: Global: Methyl Ethyl Ketone (Paints and Coatings) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 9: Global: Methyl Ethyl Ketone (Paints and Coatings) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 10: Global: Methyl Ethyl Ketone (Adhesives and Thinners) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 11: Global: Methyl Ethyl Ketone (Adhesives and Thinners) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 12: Global: Methyl Ethyl Ketone (Printing Inks) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 13: Global: Methyl Ethyl Ketone (Printing Inks) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 14: Global: Methyl Ethyl Ketone (Pharmaceuticals) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 15: Global: Methyl Ethyl Ketone (Pharmaceuticals) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 16: Global: Methyl Ethyl Ketone (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 17: Global: Methyl Ethyl Ketone (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 18: Global: Methyl Ethyl Ketone (Liquid Form) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 19: Global: Methyl Ethyl Ketone (Liquid Form) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 20: Global: Methyl Ethyl Ketone (Solid Form) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 21: Global: Methyl Ethyl Ketone (Solid Form) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 22: Global: Methyl Ethyl Ketone (Regular Grade) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 23: Global: Methyl Ethyl Ketone (Regular Grade) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 24: Global: Methyl Ethyl Ketone (Urethane Grade) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 25: Global: Methyl Ethyl Ketone (Urethane Grade) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 26: Global: Methyl Ethyl Ketone (Others) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 27: Global: Methyl Ethyl Ketone (Others) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 28: North America: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 29: North America: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 30: United States: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 31: United States: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 32: Canada: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 33: Canada: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 34: Asia Pacific: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 35: Asia Pacific: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 36: China: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 37: China: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 38: Japan: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 39: Japan: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 40: India: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 41: India: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 42: South Korea: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 43: South Korea: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 44: Australia: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 45: Australia: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 46: Indonesia: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 47: Indonesia: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 48: Others: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 49: Others: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 50: Europe: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 51: Europe: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 52: Germany: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 53: Germany: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 54: France: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 55: France: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 56: United Kingdom: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 57: United Kingdom: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 58: Italy: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 59: Italy: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 60: Spain: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 61: Spain: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 62: Russia: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 63: Russia: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 64: Others: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 65: Others: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 66: Latin America: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 67: Latin America: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 68: Brazil: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 69: Brazil: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 70: Mexico: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 71: Mexico: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 72: Others: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 73: Others: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 74: Middle East and Africa: Methyl Ethyl Ketone Market: Sales Value (in Million USD), 2019 & 2024
• Figure 75: Middle East and Africa: Methyl Ethyl Ketone Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 76: Global: Methyl Ethyl Ketone Industry: SWOT Analysis
• Figure 77: Global: Methyl Ethyl Ketone Industry: Value Chain Analysis
• Figure 78: Global: Methyl Ethyl Ketone Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Methyl Ethyl Ketone Market: Key Industry Highlights, 2024 and 2033
• Table 2: Global: Methyl Ethyl Ketone Market Forecast: Breakup by Application (in Million USD), 2025-2033
• Table 3: Global: Methyl Ethyl Ketone Market Forecast: Breakup by Form (in Million USD), 2025-2033
• Table 4: Global: Methyl Ethyl Ketone Market Forecast: Breakup by Grade (in Million USD), 2025-2033
• Table 5: Global: Methyl Ethyl Ketone Market Forecast: Breakup by Region (in Million USD), 2025-2033
• Table 6: Global: Methyl Ethyl Ketone Market: Competitive Structure
• Table 7: Global: Methyl Ethyl Ketone Market: Key Players

The global methyl ethyl ketone market size reached USD 4.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.8 Billion by 2033, exhibiting a growth rate (CAGR) of 4.06% during 2025-2033. The market is principally propelled by its extensive utilization in adhesives, paints, coatings, and printing inks industries. Moreover, the magnifying industrialization in emerging economies and technological advancements in sustainable production methods further boost market growth and expansion.

Methyl Ethyl Ketone Market Analysis:

• Major Market Drivers: The market is principally driven by widespread utilization of methyl ethyl ketone in the paints and coatings sector, where it plays a critical role as an effective solvent due to its rapid evaporation rate and robust solvency power. The increasing demand for the chemical in the production of plastics and rubber further bolsters its market growth. Moreover, the proliferating industrial activities in emerging economies are significantly fueling the market, as methyl ethyl ketone is requisite in various production processes and integral solvent in different industrial cleaning applications. In addition, the escalating demand for printing and adhesive inks in numerous industries, including automotive, construction, and packaging, substantially contributes to methyl ethyl ketone market growth.
• Key Market Trends: Key trends influencing the market are intensifying inclination towards eco-friendly and sustainable solvent alternatives, driven by strict environmental policies and heightening consumer awareness. Technological advancements in methyl ethyl ketone production processes are improving efficiency and lowering environmental impact, further encouraging industry expansion. The development of bio-based methyl ethyl ketone, derived from renewable resources, is gaining momentum as a greener alternative for conventional petroleum-based solvents. In addition, the deployment of MEK in new applications, such as agrochemicals and pharmaceuticals, is expanding its market scope.
• Geographical Trends: The Asia Pacific stands out as the fastest growing and leading regional market for methyl ethyl ketone, driven by rapid urbanization and industrialization in countries like Japan, India, and China. The resilient growth of the paints and coatings sector in the region, combined with substantial demand from the construction and automotive industries, highlights this dominance. Moreover, beneficial government policies and heavy investments in infrastructure development are boosting methyl ethyl ketone demand. The region's expanding manufacturing base, coupled with escalating foreign direct investments and soaring production capacities, strengthens Asia Pacific's position as a crucial hub in the global MEK market. Furthermore, the increasing focus on sustainable and eco-friendly manufacturing practices in the region is expected to drive innovation and create new growth opportunities in the MEK market.
• Competitive Landscape: Some of the major market players in the methyl ethyl ketone industry include Arkema, Cetex Petrochemicals, Cosmo Energy Group, ExxonMobil Corporation, Fushun Petrochemical Company, Ineos Solvents, Maruzen Petrochemical, Nouryon, Royal Dutch Shell Plc, Sasol, Tasco Chemicals, Zibo Qixiang Petrochemical Industry Group Co. Ltd., among many others.
• Challenges and Opportunities: Some of the methyl ethyl ketone market recent opportunities include research, development, and innovation of sustainable alternatives like biobased methyl ethyl ketone that can align with sustainability trend. In addition, the rising emphasis on research methods to enhance production processes and improve product quality presents substantial growth prospects. The extensive applications of methyl ethyl ketone in emerging sectors, including electronics and pharmaceuticals, further provide fruitful opportunities. Furthermore, companies that are currently steering regulatory landscapes and investing in sustainable methodologies are well-positioned to attain a competitive edge in this progressing market, capitalizing on its ongoing progression. Despite numerous opportunities, the market experiences key challenges, such as strict environmental regulations and high prices of raw materials, which can limit growth.

Methyl Ethyl Ketone Market Trends:

Rising Product Demand in Aerospace and Automotive Sectors

The methyl ethyl ketone market is undergoing significant growth due to its increasing demand in the aerospace and automotive sectors. methyl ethyl ketone's excellent solvency properties make it ideal for processing high-performance adhesives and coatings leveraged in maintenance and manufacturing processes. The notable shift towards fuel-efficient and lightweight aircrafts, and electric vehicles has further intensified the demand for methyl ethyl ketone-derived products, driving market growth. According to the International Energy Agency, 14 million electric car sales were recorded in 2023, rising from 4% in 2020 to 18% in 2023. Furthermore, sales are expected to increase by more than 20% in 2024, reaching 17 million. In addition, the recovery of the aerospace and automotive sectors post-pandemic is projected to retain this upward trend, facilitating stable methyl ethyl ketone demand in these sectors.

Rapid Growth in Construction and Infrastructure Development

The construction and infrastructure industries are substantially contributing to elevating methyl ethyl ketone market revenue. methyl ethyl ketone is extensively leveraged in the production of coatings, adhesives, and paints requisite for modern construction methods. As industrialization and urbanization continue to proliferate rapidly, especially in emerging economies, the requirement for MEK is projected to increase in construction-related applications. According to the World Bank, more than 80% of global GDP is generated in urban areas. Additionally, 4.4 billion people reside in urban regions, and this number is expected to double by 2050. Governmental bodies are currently emphasizing on renovation projects and infrastructure development, further profiting market expansion. Additionally, the effectiveness and durability of methyl ethyl ketone-based products in numerous environmental conditions position them as an indispensable component in these sectors.

Expanding Product Utilization in Packaging and Printing Inks Sectors

Methyl ethyl ketone market report underscores that the global market is significantly benefiting from the extensive application of MEK in the packaging and printing inks industries. MEK is an ideal solvent for producing high-quality printing inks mainly because of its high solvency and quick evaporation rate property, which further boosts its demand in the sector. The soaring expansion of the e-commerce sector and the escalating demand for packaged goods have bolstered the requirement for high-performance and efficient printing solutions. According to recent data reports, there are more than 26 million e-commerce websites worldwide. Additionally, approximately 2.64 billion consumers are forecasted to complete at least one online purchase in 2023. MEK-derived inks offer excellent adhesion and quality, essential for packaging products. The ongoing advancements and innovations in packaging technologies and the growing focus on durable and attractive packaging are projected to further fuel demand for MEK in these applications.

Methyl Ethyl Ketone Market Segmentation:

Breakup by Application:

• Paints and Coatings
• Adhesives and Thinners
• Printing Inks
• Pharmaceuticals
• Others

Paints and coatings account for the majority of the market share

Methyl ethyl ketone market outlook reflects paints and coatings as the largest segment in the global market share, chiefly due to MEK's exceptional evaporation rate and solvency. Its effectiveness in generating durable, high-quality finishes make it requisite in aerospace, construction, and automotive industries. The heightening demand for protective and aesthetically appealing coatings, driven by urbanization and industrialization, further spurs MEK'S domination in this segment. In addition, innovations in coating technologies continue to boost MEK's crucial role in the coatings and paint sector. According to industry reports, MEK accounts for 50% to 60% of the total solvent consumption as a coating solvent. Moreover, amount of solvent used, like MEK, in high-grade coatings is 30%. Consequently, MEK demand is increasing rapidly for coating solutions processing.

Breakup by Form:

• Liquid Form
• Solid Form

Solid form holds the largest share of the industry

The solid form of MEK represents the largest market share globally mainly due to its extensive application in numerous sectors. As highlighted in the methyl ethyl ketone market overview, it is particularly preferred in the production of coatings, solvents, and adhesives, pertaining to its exceptional stability and ease of storage and transportation. The magnifying demand for high-performance materials in construction, aerospace, and automotive industries further boosts its dominance in the market dynamics. According to industry reports, construction represents almost 13% share of the global GDP. Moreover, the construction adhesives market size is projected to reach USD 14.76 billion by 2030 with a CAGR of 4.9%. Consequently, the expansion of this industry will significantly profit the solid form segment growth. In addition, solid form has longer shelf life and lower handling risks, which further facilitate the leadership of this segment in the global methyl ethyl ketone market.

Breakup by Grade:

• Regular Grade
• Urethane Grade
• Others

According to the methyl ethyl ketone market forecast, regular grade segment is anticipated to remain highly influential primarily due to its widespread utilization across multifaceted industrial applications. This grade is preferred for its balance of cost-efficiency and performance, positioning it as a suitable grade for producing adhesives, coatings, and printing inks. Its dependable solvent properties ensure ideal results in production processes, particularly in the construction and automotive sectors. The persistent demand for regular grade MEK highlights its crucial role in sustaining market stability and boosting growth across numerous industries.

Urethane grade segment is witnessing significant growth, driven by its superior performance and quality attributes. This grade is requisite for optimal-functioning applications, particularly in the processing of urethane adhesives and coatings. Additionally, advancements in urethane grade applications and formulations are rapidly emerging, further improving the relevance of this segment. Its superior compatibility and solvency with numerous resins make it indispensable in the aerospace, electronics, and automotive sectors. The magnifying focus on resilient and durable products fuels the demand for urethane grade MEK, fortifying its position as a chief growth driver in the global market.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

Asia Pacific leads the market, accounting for the largest methyl ethyl ketone market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for methyl ethyl ketone.

The Asia Pacific region holds the largest share of the global MEK market, primarily boosted by rapid urbanization and industrialization. According to the UN-Habitat, more than 2.2 billion people in Asia live in urban areas. It is forecasted that by 2050, this urban population in the region will grow by 50%, i.e., additional 1.2 billion individuals. Major economies such as India and China are notable contributors due to their advancing construction, automotive, and electronics industries. The region's pronounced manufacturing base, combined with its proliferating infrastructure projects, spurs MEK consumption. The methyl ethyl ketone market recent developments , such as increased production capacity and heavy investments in sustainable production technologies, underscore substantial growth prospects for this region. In addition, profitable government policies, heavy investments in production capacities, and presence of major companies further improve market dynamics.

Competitive Landscape:

• The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the methyl ethyl ketone industry include Arkema, Cetex Petrochemicals, Cosmo Energy Group, ExxonMobil Corporation, Fushun Petrochemical Company, Ineos Solvents, Maruzen Petrochemical, Nouryon, Royal Dutch Shell Plc, Sasol, Tasco Chemicals, and Zibo Qixiang Petrochemical Industry Group Co. Ltd.
• The competitive landscape of the global MEK market is represented by the presence of several key methyl ethyl ketone companies that actively participate in strategic initiatives to improve their market positions. Such companies are currently emphasizing on acquisitions and mergers, product innovation, and geographic expansion to solidify their competitive lead. For instance, in November 2023, ExxonMobil Corporation, a producer of methyl ethyl ketone and other major solvents, completed the acquisition of Denbury Inc. for the transaction value of USD 4.9 billion. This strategic acquisition will aid in ExxonMobil expansion in low-carbon leadership. Leading manufacturers prefer superior-quality production and compliance with strict environmental protocols. In addition, heavy investments in R&D aim to introduce enhanced MEK formulations, catering to versatile industrial applications. The evolving landscape of the market encourages intense competition, influencing companies to consistently enhance their operation efficiencies and offerings to sustain a competitive edge.

Key Questions Answered in This Report:

• How has the global methyl ethyl ketone market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global methyl ethyl ketone market?
• What is the impact of each driver, restraint, and opportunity on the global methyl ethyl ketone market?
• What are the key regional markets?
• Which countries represent the most attractive methyl ethyl ketone market?
• What is the breakup of the market based on the application?
• Which is the most attractive application in the methyl ethyl ketone market?
• What is the breakup of the market based on the form?
• Which is the most attractive form in the methyl ethyl ketone market?
• What is the breakup of the market based on the grade?
• Which is the most attractive grade in the methyl ethyl ketone market?
• What is the competitive structure of the market?
• Who are the key players/companies in the global methyl ethyl ketone market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Methyl Ethyl Ketone Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Application

• 6.1 Paints and Coatings
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Adhesives and Thinners
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Printing Inks
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Pharmaceuticals
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
• 6.5 Others
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast

7 Market Breakup by Form

• 7.1 Liquid Form
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Solid Form
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast

8 Market Breakup by Grade

• 8.1 Regular Grade
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Urethane Grade
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Others
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

• 11.1 Overview
• 11.2 Inbound Logistics
• 11.3 Operations
• 11.4 Outbound Logistics
• 11.5 Marketing and Sales
• 11.6 Service

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

• 13.1 Key Price Indicators
• 13.2 Price Structure
• 13.3 Price Trends

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Arkema
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
  • 14.3.2 Cetex Petrochemicals
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
  • 14.3.3 Cosmo Energy Group
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
    • 14.3.3.3 Financials
  • 14.3.4 ExxonMobil Corporation
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
  • 14.3.5 Fushun Petrochemical Company
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 Ineos Solvents
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
  • 14.3.7 Maruzen Petrochemical
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
  • 14.3.8 Nouryon
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
  • 14.3.9 Royal Dutch Shell plc
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
    • 14.3.9.3 SWOT Analysis
  • 14.3.10 Sasol
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
  • 14.3.11 Tasco Chemicals
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
  • 14.3.12 Zibo Qixiang Petrochemical Industry Group Co. Ltd
    • 14.3.12.1 Company Overview
    • 14.3.12.2 Product Portfolio