Global Methyl Ethyl Ketone (MEK) Market Growth 2025-2031

Publication ID:

LPI03254262

Publication Date:

March 24, 2025

Pages:

130

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Chemicals) [2]

Chemicals [3]

Description:

The global Methyl Ethyl Ketone (MEK) market size is predicted to grow from US$ 1325 million in 2025 to US$ 1268 million in 2031; it is expected to grow at a CAGR of -0.7% from 2025 to 2031.
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.
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.
The 鈥淢ethyl Ethyl Ketone (MEK) Industry Forecast鈥� looks at past sales and reviews total world Methyl Ethyl Ketone (MEK) sales in 2024, providing a comprehensive analysis by region and market sector of projected Methyl Ethyl Ketone (MEK) sales for 2025 through 2031. With Methyl Ethyl Ketone (MEK) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Methyl Ethyl Ketone (MEK) industry.
This Insight Report provides a comprehensive analysis of the global Methyl Ethyl Ketone (MEK) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Methyl Ethyl Ketone (MEK) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Methyl Ethyl Ketone (MEK) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Methyl Ethyl Ketone (MEK) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Methyl Ethyl Ketone (MEK).
This report presents a comprehensive overview, market shares, and growth opportunities of Methyl Ethyl Ketone (MEK) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
General Grade
Ammonia Ester Grade
Others
Segmentation by Application:
Coatings
Adhesives
Inks
Chemical Intermediates
Lubricants
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Methyl Ethyl Ketone (MEK) market?
What factors are driving Methyl Ethyl Ketone (MEK) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Methyl Ethyl Ketone (MEK) market opportunities vary by end market size?
How does Methyl Ethyl Ketone (MEK) break out by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Methyl Ethyl Ketone (MEK) Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Methyl Ethyl Ketone (MEK) by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Methyl Ethyl Ketone (MEK) by Country/Region, 2020, 2024 & 2031
2.2 Methyl Ethyl Ketone (MEK) Segment by Type
2.2.1 General Grade
2.2.2 Ammonia Ester Grade
2.2.3 Others
2.3 Methyl Ethyl Ketone (MEK) Sales by Type
2.3.1 Global Methyl Ethyl Ketone (MEK) Sales Market Share by Type (2020-2025)
2.3.2 Global Methyl Ethyl Ketone (MEK) Revenue and Market Share by Type (2020-2025)
2.3.3 Global Methyl Ethyl Ketone (MEK) Sale Price by Type (2020-2025)
2.4 Methyl Ethyl Ketone (MEK) Segment by Application
2.4.1 Coatings
2.4.2 Adhesives
2.4.3 Inks
2.4.4 Chemical Intermediates
2.4.5 Lubricants
2.4.6 Others
2.5 Methyl Ethyl Ketone (MEK) Sales by Application
2.5.1 Global Methyl Ethyl Ketone (MEK) Sale Market Share by Application (2020-2025)
2.5.2 Global Methyl Ethyl Ketone (MEK) Revenue and Market Share by Application (2020-2025)
2.5.3 Global Methyl Ethyl Ketone (MEK) Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Methyl Ethyl Ketone (MEK) Breakdown Data by Company
3.1.1 Global Methyl Ethyl Ketone (MEK) Annual Sales by Company (2020-2025)
3.1.2 Global Methyl Ethyl Ketone (MEK) Sales Market Share by Company (2020-2025)
3.2 Global Methyl Ethyl Ketone (MEK) Annual Revenue by Company (2020-2025)
3.2.1 Global Methyl Ethyl Ketone (MEK) Revenue by Company (2020-2025)
3.2.2 Global Methyl Ethyl Ketone (MEK) Revenue Market Share by Company (2020-2025)
3.3 Global Methyl Ethyl Ketone (MEK) Sale Price by Company
3.4 Key Manufacturers Methyl Ethyl Ketone (MEK) Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Methyl Ethyl Ketone (MEK) Product Location Distribution
3.4.2 Players Methyl Ethyl Ketone (MEK) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Methyl Ethyl Ketone (MEK) by Geographic Region
4.1 World Historic Methyl Ethyl Ketone (MEK) Market Size by Geographic Region (2020-2025)
4.1.1 Global Methyl Ethyl Ketone (MEK) Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Methyl Ethyl Ketone (MEK) Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Methyl Ethyl Ketone (MEK) Market Size by Country/Region (2020-2025)
4.2.1 Global Methyl Ethyl Ketone (MEK) Annual Sales by Country/Region (2020-2025)
4.2.2 Global Methyl Ethyl Ketone (MEK) Annual Revenue by Country/Region (2020-2025)
4.3 Americas Methyl Ethyl Ketone (MEK) Sales Growth
4.4 APAC Methyl Ethyl Ketone (MEK) Sales Growth
4.5 Europe Methyl Ethyl Ketone (MEK) Sales Growth
4.6 Middle East & Africa Methyl Ethyl Ketone (MEK) Sales Growth
5 Americas
5.1 Americas Methyl Ethyl Ketone (MEK) Sales by Country
5.1.1 Americas Methyl Ethyl Ketone (MEK) Sales by Country (2020-2025)
5.1.2 Americas Methyl Ethyl Ketone (MEK) Revenue by Country (2020-2025)
5.2 Americas Methyl Ethyl Ketone (MEK) Sales by Type (2020-2025)
5.3 Americas Methyl Ethyl Ketone (MEK) Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Methyl Ethyl Ketone (MEK) Sales by Region
6.1.1 APAC Methyl Ethyl Ketone (MEK) Sales by Region (2020-2025)
6.1.2 APAC Methyl Ethyl Ketone (MEK) Revenue by Region (2020-2025)
6.2 APAC Methyl Ethyl Ketone (MEK) Sales by Type (2020-2025)
6.3 APAC Methyl Ethyl Ketone (MEK) Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Methyl Ethyl Ketone (MEK) by Country
7.1.1 Europe Methyl Ethyl Ketone (MEK) Sales by Country (2020-2025)
7.1.2 Europe Methyl Ethyl Ketone (MEK) Revenue by Country (2020-2025)
7.2 Europe Methyl Ethyl Ketone (MEK) Sales by Type (2020-2025)
7.3 Europe Methyl Ethyl Ketone (MEK) Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Methyl Ethyl Ketone (MEK) by Country
8.1.1 Middle East & Africa Methyl Ethyl Ketone (MEK) Sales by Country (2020-2025)
8.1.2 Middle East & Africa Methyl Ethyl Ketone (MEK) Revenue by Country (2020-2025)
8.2 Middle East & Africa Methyl Ethyl Ketone (MEK) Sales by Type (2020-2025)
8.3 Middle East & Africa Methyl Ethyl Ketone (MEK) Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Methyl Ethyl Ketone (MEK)
10.3 Manufacturing Process Analysis of Methyl Ethyl Ketone (MEK)
10.4 Industry Chain Structure of Methyl Ethyl Ketone (MEK)
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Methyl Ethyl Ketone (MEK) Distributors
11.3 Methyl Ethyl Ketone (MEK) Customer
12 World Forecast Review for Methyl Ethyl Ketone (MEK) by Geographic Region
12.1 Global Methyl Ethyl Ketone (MEK) Market Size Forecast by Region
12.1.1 Global Methyl Ethyl Ketone (MEK) Forecast by Region (2026-2031)
12.1.2 Global Methyl Ethyl Ketone (MEK) Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Methyl Ethyl Ketone (MEK) Forecast by Type (2026-2031)
12.7 Global Methyl Ethyl Ketone (MEK) Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 ExxonMobil
13.1.1 ExxonMobil Company Information
13.1.2 ExxonMobil Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.1.3 ExxonMobil Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 ExxonMobil Main Business Overview
13.1.5 ExxonMobil Latest Developments
13.2 Maruzen Petrochemical
13.2.1 Maruzen Petrochemical Company Information
13.2.2 Maruzen Petrochemical Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.2.3 Maruzen Petrochemical Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Maruzen Petrochemical Main Business Overview
13.2.5 Maruzen Petrochemical Latest Developments
13.3 Tonen
13.3.1 Tonen Company Information
13.3.2 Tonen Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.3.3 Tonen Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Tonen Main Business Overview
13.3.5 Tonen Latest Developments
13.4 Shell
13.4.1 Shell Company Information
13.4.2 Shell Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.4.3 Shell Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Shell Main Business Overview
13.4.5 Shell Latest Developments
13.5 Sasol
13.5.1 Sasol Company Information
13.5.2 Sasol Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.5.3 Sasol Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Sasol Main Business Overview
13.5.5 Sasol Latest Developments
13.6 SK Group
13.6.1 SK Group Company Information
13.6.2 SK Group Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.6.3 SK Group Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 SK Group Main Business Overview
13.6.5 SK Group Latest Developments
13.7 Celanese
13.7.1 Celanese Company Information
13.7.2 Celanese Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.7.3 Celanese Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Celanese Main Business Overview
13.7.5 Celanese Latest Developments
13.8 Oxiteno
13.8.1 Oxiteno Company Information
13.8.2 Oxiteno Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.8.3 Oxiteno Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Oxiteno Main Business Overview
13.8.5 Oxiteno Latest Developments
13.9 Idemitsu Kosan
13.9.1 Idemitsu Kosan Company Information
13.9.2 Idemitsu Kosan Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.9.3 Idemitsu Kosan Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Idemitsu Kosan Main Business Overview
13.9.5 Idemitsu Kosan Latest Developments
13.10 Petro Brazi
13.10.1 Petro Brazi Company Information
13.10.2 Petro Brazi Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.10.3 Petro Brazi Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Petro Brazi Main Business Overview
13.10.5 Petro Brazi Latest Developments
13.11 QiXiang TengDA
13.11.1 QiXiang TengDA Company Information
13.11.2 QiXiang TengDA Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.11.3 QiXiang TengDA Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 QiXiang TengDA Main Business Overview
13.11.5 QiXiang TengDA Latest Developments
13.12 TASCO
13.12.1 TASCO Company Information
13.12.2 TASCO Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.12.3 TASCO Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 TASCO Main Business Overview
13.12.5 TASCO Latest Developments
13.13 Lanzhou Petrochemical
13.13.1 Lanzhou Petrochemical Company Information
13.13.2 Lanzhou Petrochemical Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.13.3 Lanzhou Petrochemical Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Lanzhou Petrochemical Main Business Overview
13.13.5 Lanzhou Petrochemical Latest Developments
13.14 Fushun Petrochemical
13.14.1 Fushun Petrochemical Company Information
13.14.2 Fushun Petrochemical Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.14.3 Fushun Petrochemical Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Fushun Petrochemical Main Business Overview
13.14.5 Fushun Petrochemical Latest Developments
13.15 Tianli High-Tech
13.15.1 Tianli High-Tech Company Information
13.15.2 Tianli High-Tech Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.15.3 Tianli High-Tech Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Tianli High-Tech Main Business Overview
13.15.5 Tianli High-Tech Latest Developments
13.16 Lee Chang Yung Chemical
13.16.1 Lee Chang Yung Chemical Company Information
13.16.2 Lee Chang Yung Chemical Methyl Ethyl Ketone (MEK) Product Portfolios and Specifications
13.16.3 Lee Chang Yung Chemical Methyl Ethyl Ketone (MEK) Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Lee Chang Yung Chemical Main Business Overview
13.16.5 Lee Chang Yung Chemical Latest Developments
14 Research Findings and Conclusion

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