Press release
Methyl Isobutyl Ketone (MIBK) Market 2021 Value Chain, Dynamics and Key Players - Royal Dutch Shell, Sasol, Dow, Celanese Corp., Mitsui Chemical
The Methyl Isobutyl Ketone (MIBK) Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The methyl isobutyl ketone (MIBK) market is expected to register a CAGR of more than 6% during the forecast period.
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Top Leading Companies of Methyl Isobutyl Ketone (MIBK) Market are Royal Dutch Shell, Sasol, Dow, Celanese Corp., Mitsui Chemical, and Kumho P&B and others.
Key Market Trends
Saudi Arabia to Dominate the Middle-East Region
- Saudi Arabia is a crude oil-dependent economy. It is one of the largest oil-producing countries, globally. The country witnessed growth at a rate of -0.7% in 2017, in terms of GDP, which increased to 2.2% in 2018, due to higher crude oil prices and favorable geopolitical factors.
- On a country-by-country basis, Saudi Arabia is by far the largest national market, accounting for nearly half of the total demand for paints and coatings in the Middle Eastern region.
- The country has generated large-scale projects worth USD 800 billion to boost its infrastructure in the coming years. The government has expansive plans for the development of social infrastructure, transportation, and energy and utility construction in the country.
- The country's primary growth in construction has been largely powered by the massive investments done by the government and increased inflow of FDI. Few major construction projects are as follows: Jubail II, Makkah Grand Mosque Redevelopment amongst others.
Regional Outlook of Methyl Isobutyl Ketone (MIBK) Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Methyl Isobutyl Ketone (MIBK) Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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Methyl Isobutyl (MIBK) Prices, Trend, Supply, Historical Chart and Forecast
𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐌𝐞𝐭𝐡𝐲𝐥 𝐈𝐬𝐨𝐛𝐮𝐭𝐲𝐥 𝐏𝐫𝐢𝐜𝐞𝐬 𝐌𝐨𝐯𝐞𝐦𝐞𝐧𝐭:
𝐌𝐞𝐭𝐡𝐲𝐥 𝐈𝐬𝐨𝐛𝐮𝐭𝐲𝐥 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬:
The price of MIBK has dropped to 1372 USD/MT. The price of methyl isobutyl (MIBK) reflecting a shift in market dynamics and demand. This decrease can be attributed to various factors, including fluctuations in production levels, changes in raw material costs, and evolving consumer preferences within the chemical industry. MIBK is widely used as a solvent in coatings, adhesives, and…
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MIBK is a versatile solvent with applications across various industries, including coatings, pharmaceuticals, and adhesives. The market is currently valued…
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Methyl Isobutyl Ketone (MIBK) Market Forecast:
The Methyl Isobutyl Ketone (MIBK) Market is forecasted to grow at a rate of 4.5% CAGR during the period of 2021-2026. The Methyl Isobutyl Ketone (MIBK) Market growth depends upon numerous factors which have direct or indirect impact on the demand. Our report has the summary of such factors derived using SWOT, PEST, industry life cycle and supply chain analysis. These methods help in analysing…
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