Methyl Ethyl Ketone Market Size, Share, Top Manufacturers, Growth and Business Opportunities 2022-2027
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According to IMARC Group’s latest report, titled “ Methyl Ethyl Ketone (MEK) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ", the global methyl ethyl ketone market size reached US$ 3.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2027, exhibiting a growth rate (CAGR) of 4.98% during 2022-2027. Year Considered to Estimate the Market Size: Base Year of the Analysis: 2021 Historical Period: 2016-2021 Forecast Period: 2022-2027 Methyl ethyl ketone (MEK), also called 2-butanone, represents a highly volatile organic liquid that is commonly used as a commercial solvent and cleaner for paints, glues, coatings, synthetic rubber, paraffin wax, printing inks, etc. It is manufactured by the dehydrogenation of secondary butyl alcohol and can also be produced as a by-product of butane oxidation. As such, MEK is extensively utilized for the extraction of oils, waxes, fats, resins, etc., and acts as a low-b...