openPR Logo
Press release

What's driving the Methyl Isobutyl Ketone Market Growth? | Key Players Are Shell, The Dow Chemical Company, Sasol, Arkema, Sigma-Aldrich, Celanese, Mitsui Chemicals Group, Eastman Chemical Company, Mitsubishi Chemical America

Methyl Isobutyl Ketone Market

Methyl Isobutyl Ketone Market

Methyl Isobutyl Ketone Market will surpass USD 800 million by 2025; according to a new research report. Rising demand of methyl isobutyl ketone for rubber processing chemicals in automotive and construction industry in order to improve the oxidation, resistance of rubber to heat, mechanical stresses and hardness of rubber, that will advance its properties for various end-use applications. Moreover, MIBK is also used as a solvent for surface coating applications in these industries. Increasing importance of the product in these industries will boost methyl isobutyl ketone market growth globally.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2561

Growth drivers
1. Growing automotive industry is propelling tire production
2. Increasing construction activities in Asia Pacific is swelling the use of surface coatings
3. Improving agriculture output is driving agrochemical usage

Methyl isobutyl ketone is an effective solvent for synthetic resins, which makes it useful in improving high-solid coatings owing to its combination of low density, and high solvent property. Furthermore, MIBK possessing high dilution ratio makes it an appropriate solvent for coatings, inks and adhesives; Low surface tension and water miscibility makes it a decent extraction agent in the de-oiling and dewaxing of petroleum products. Likewise, its use in manufacture of fungicides, germicides, electroplating solutions, pharmaceuticals and as a denaturant in several ethanol formulations, which will propel the product demand in the near future.

Being highly toxic in nature when exposed to air, that may cause serious impacts to human health and environment, which may hinder the market growth of product for the projected timespan. Nevertheless, these adverse properties of the MIBK is driving the adaption and importance of bio based MIBK, that are cost-effective and eco-friendly in nature. This shift towards the eco-friendly MIBK will generate copious opportunities in the near future.

MIBK based on applications, the methyl isobutyl ketone market is categorized into solvent, rubber processing chemical, extraction solvent, surfactants and other applications that include insecticides, denaturant, fertilizers, etc. Surfactants here is projected to grow at suitable rate to exceed USD 35 million by the end of projected timespan. The rapid growing automotive, marine and construction industry continuously demand the use of MIBK as a surfactant for cleaning, dispersing, wetting, foaming, emulsifying and anti-foaming that is likely to trigger the product need in the coming years.

MIBK based in end-user, the methyl isobutyl ketone market is categorized into paints & coatings, automotive, pharmaceuticals, agrochemicals and other end-user that includes marine, building & constructions, etc. Automotive here is expected to grow at significant rate to exceed USD 145 million mark by the end of 2025. The rising demand for rubber processing in the segment is likely to drive the product demand in the near future.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2561

Middle East & Africa in Methyl Isobutyl Ketone Market is expected to cross a CAGR of 3.5% by revenue for the projected timespan. This is due to countries in the region such as Saudi Arabia, UAE, Kuwait are likely to provide profitable opportunities for the product market owing to the increasing demand for commercial infrastructure and development activities in the region.

Key product competitors in market are Kumho P&B, The Dow Chemical Company, Arkema Group, Royal Dutch Shell, Mitsubishi Chemicals, Sasol, Sigma-Aldrich, Chemicals Inc., Mitsui Chemicals, Celanese Corporation, LCY Group, Eastman Chemical Company, Lee Chang Yung Chemical and Jilin Chemicals.

Glimpse of Table of Content (ToC)

Chapter 3. Methyl Isobutyl Ketone (MIBK) Industry Insights

3.1. Industry segmentation

3.2. Industry size and forecast, 2014 - 2025

3.3. Industry ecosystem analysis

3.3.1. Raw material analysis

3.3.2. Profit margin

3.3.3. Value addition

3.3.4. Distribution channel analysis

3.3.5. Vendor matrix

3.3.5.1. List of key manufacturers/suppliers

3.3.5.2. List of key/potential customers

3.4. Technology landscape

3.5. Industry impact forces

3.5.1. Growth drivers

3.5.1.1. Growing automotive industry is propelling tire production

3.5.1.2. Increasing construction activities in Asia Pacific is swelling the use of surface coatings

3.5.1.3. Improving agriculture output is driving agrochemical usage

3.5.2. Industry pitfalls & challenges

3.5.2.1. High toxicity can affect human health

3.5.2.2. Availability of low cost substitutes

3.6. Regulatory landscape

3.6.1. U.S.

3.6.2. Europe

3.6.3. China

3.7. Growth potential analysis

3.8. Import and export scenario

3.9. Competitive landscape

3.9.1. Company market share, 2018

3.9.2. Strategy dashboard

3.10. Porter's analysis

3.11. Regional price trends

3.11.1. Cost structure analysis

3.11.1.1. R&D cost

3.11.1.2. Manufacturing & equipment cost

3.11.1.3. Raw material cost

3.11.1.4. Distribution cost

3.11.1.5. Operating cost

3.11.1.6. Miscellaneous cost

3.11.2. Price by application

3.12. PESTEL analysis

Browse key industry insights spread across 253 pages with 371 market data tables & 22 figures & charts from the report, “Methyl Isobutyl Ketone Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/methyl-isobutyl-ketone-market

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://technologymagazine.org/

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What's driving the Methyl Isobutyl Ketone Market Growth? | Key Players Are Shell, The Dow Chemical Company, Sasol, Arkema, Sigma-Aldrich, Celanese, Mitsui Chemicals Group, Eastman Chemical Company, Mitsubishi Chemical America here

News-ID: 1776900 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for Methyl

N Methyl 2 Pyrrolidone Market Size, Share and Demand | N Methyl 2 Pyrrolidone In …
The global N methyl 2 pyrrolidone market size is expected to gain momentum owing to the increasing demand for products from the electronic and oil & gas industry during the forecast period. Fortune Business Insights™ publishes this information in an upcoming report titled, "N Methyl 2 PyrrolidoneMarket, 2022-2029". The compound is called as N-Methylpyrrolidone (NMP). It is a colorless solvent that offers high chemical and thermal stability, which consists of
Global Cyclopentyl Methyl Ether (CPME) Market to 2025 | ZEON, Lianyungang JM Bio …
Market Research Hub (MRH) has actively included a new research study titled Global Cyclopentyl Methyl Ether (CPME) Market Insights, Forecast to 2025 to its wide online repository. The concerned market is discoursed based on a variety of market influential factors such as drivers, opportunities and restraints. This study tends to inform the readers about the current as well as future market scenarios extending up to the period until forecast period
Ketone Based Solvents Market to Record an Exponential CAGR by 2028(Acetone Cyclo …
Introduction Ketone based solvents are organic solvents which contain the ketone group. Lighter ketone based solvents, such as acetone, can be used in drying operations. Properties, such as slower evaporation rate, lower surface tension, lower density and high boiling point, make ketone based solvents a good choice for high solid coatings. Due to regulations, such as limited solvent weight per gallon of coating, companies prefer to use low density solvents, such
Methyl Isobutyl Ketone Market
Methyl Isobutyl Ketone Market size is likely to expand at a prominent CAGR of close to 7% in the forecast timespan of 2018-2024. Methyl isobutyl ketone has excellent solvency property and is primarily used as solvent in various industries such as coatings and rubber. Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/2561 The booming global automotive industry has led to increase in consumption level of solvents for
global Propylene Glycol Methyl Ether market is segmented by Propylene Glycol Mon …
Propylene glycol methyl ether, also known as 1-methoxy-2-propanol, is a colorless organic chemical compound. Generally, Propylene glycol methyl ether is medium boiling glycol ether that is categorized under P-series glycol ether group. This compound is produced by the reaction between propylene oxide and methanol which is carried out in presence catalyst. Propylene glycol methyl ether are used prevalently as an organic solvent in commercial as well as industrial applications such
Methyl Methacrylate (MMA) Market
Methyl methacrylate (MMA) is an important acid ester, which is a colorless monomer compound. The most important use of MMA is in the manufacture of poly-methyl methacrylate (PMMA). PMMA is a transparent thermoplastic used as a shatter-resistant option to glass. Due to its excellent tensile strength, flexural strength, transparency, polishing, UV tolerance, and scratch resistance properties, PMMA is used in the form of sheets to produce mobile phone screens, LCD