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Organic Compound

PUBLISHER: Grand View Research | PRODUCT CODE: 1813866

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PUBLISHER: Grand View Research | PRODUCT CODE: 1813866

Methyl Ethyl Ketone Market Size, Share & Trends Analysis Report By Application (Paints & Coatings, Printing Inks, Others), By Region (North America, Europe, APAC, Latin America, MEA), And Segment Forecasts, 2025 - 2033

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Description

Table of Contents

List of Tables

Methyl Ethyl Ketone Market Summary

The global methyl ethyl ketone market size was estimated at USD 3,920.2 million in 2024 and is projected to reach 5,926.8 million by 2033, growing at a CAGR of 4.7% from 2025 to 2033. The market is primarily driven by its extensive use as a high-performance solvent in paints, coatings, adhesives, and printing inks, particularly across the automotive, construction, and packaging industries.

Its fast evaporation rate and excellent solvency make it ideal for surface coatings and resin processing. In addition, the growing industrialization and infrastructure development in emerging economies, especially in Asia-Pacific, are further accelerating methyl ethyl ketone (MEK) demand across end-use sectors. The market is primarily driven by growing demand in paints and coatings, adhesives, and printing ink sectors, fueled by expansion in automotive, construction, and packaging industries. Rising urbanization and infrastructure development in emerging economies are boosting consumption of coatings and adhesives, directly impacting MEK demand. In addition, MEK's superior solvency, low boiling point, and compatibility with various resins make it a preferred choice for high-performance formulations. Environmental regulations promoting solvent recovery and efficient usage also influence market dynamics by encouraging adoption in controlled applications.

Methyl Ethyl Ketone (MEK), also known as butanone, is a highly effective, fast-evaporating solvent widely used in industrial and commercial applications. It plays a crucial role in the production of surface coatings, adhesives, synthetic resins, and printing inks. MEK's ability to dissolve many substances makes it indispensable in manufacturing processes, especially for automotive refinishing, furniture coatings, and flexible packaging. It also serves as an intermediate in chemical synthesis and is used in dewaxing lubricating oils. The Asia-Pacific region dominates MEK consumption, driven by rapid industrial expansion and manufacturing activity.

Global Methyl Ethyl Ketone Market Report Segmentation

This report forecasts revenue & volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2033. For this study, Grand View Research has segmented the global Methyl Ethyl Ketone (MEK) market report based on application and region

  • Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2033)
  • Paints & Coatings
  • Printing Inks
  • Other Applications
  • Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2033)
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Latin America
    • Brazil
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
Show more
Product Code: 978-1-68038-209-9

Table of Contents

Chapter 1. Methodology And Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Sources & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Formulation & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Snapshot
  • 2.2. Segment Snapshot
  • 2.3. Competitive Landscape Snapshot

Chapter 3. Methyl Ethyl Ketone (MEK) Market Variables, Trends & Scope

  • 3.1. Market Lineage Outlook
    • 3.1.1. Methyl Ethyl Ketone (MEK) Market Outlook
  • 3.2. Industry Value Chain Analysis
    • 3.2.1. Raw Material Outlook
    • 3.2.2. Manufacturing Trends
    • 3.2.3. Sales Channel Analysis
  • 3.3. Price Trend Analysis, 2018-2033
  • 3.4. Market Dynamics
    • 3.4.1. Market Driver Analysis
    • 3.4.2. Market Restraint Analysis
    • 3.4.3. Industry Challenges
    • 3.4.4. Industry Opportunities
  • 3.5. Industry Analysis Tools
    • 3.5.1. Porter's Five Forces Analysis
    • 3.5.2. Macro-Environmental Analysis

Chapter 4. Methyl Ethyl Ketone (MEK) Market: Application Estimates & Trend Analysis

  • 4.1. Application Movement Analysis & Market Share, 2023 & 2033
  • 4.2. Paints & Coatings
    • 4.2.1. Paints & Coatings Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, By Application, 2018 To 2033 (Kilotons) (USD Million)
  • 4.3. Printing Inks
    • 4.3.1. Printing Inks Methyl Ethyl Ketone (MEK) Market Estimates And Forecasts, By Application, 2018 - 2033 (Kilotons) (USD Million)
  • 4.4. Other Applications
    • 4.4.1. Other Applications Methyl Ethyl Ketone (MEK) Market Estimates And Forecasts, By Application, 2018 - 2033 (Kilotons) (USD Million)

Chapter 5. Methyl Ethyl Ketone (MEK) Market: Regional Estimates & Trend Analysis

  • 5.1. Regional Movement Analysis & Market Share, 2023 & 2033
  • 5.2. North America
    • 5.2.1. North America Methyl Ethyl Ketone (MEK) Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.2.2. U.S.
      • 5.2.2.1. Key Country Dynamics
      • 5.2.2.2. U.S. Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.2.3. Canada
      • 5.2.3.1. Key Country Dynamics
      • 5.2.3.2. Canada Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.2.4. Mexico
      • 5.2.4.1. Key Country Dynamics
      • 5.2.4.2. Mexico Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • 5.3. Europe
    • 5.3.1. Europe Methyl Ethyl Ketone (MEK) Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.3.2. Germany
      • 5.3.2.1. Key Country Dynamics
      • 5.3.2.2. Germany Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.3.3. UK
      • 5.3.3.1. Key Country Dynamics
      • 5.3.3.2. UK Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.3.4. France
      • 5.3.4.1. Key Country Dynamics
      • 5.3.4.2. France Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.3.5. Italy
      • 5.3.5.1. Key Country Dynamics
      • 5.3.5.2. France Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.3.6. Spain
      • 5.3.6.1. Key Country Dynamics
      • 5.3.6.2. France Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • 5.4. Asia Pacific
    • 5.4.1. Asia Pacific Methyl Ethyl Ketone (MEK) Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.4.2. China
      • 5.4.2.1. Key Country Dynamics
      • 5.4.2.2. China Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.4.3. India
      • 5.4.3.1. Key Country Dynamics
      • 5.4.3.2. India Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.4.4. Japan
      • 5.4.4.1. Key Country Dynamics
      • 5.4.4.2. Japan Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.4.5. South Korea
      • 5.4.5.1. Key Country Dynamics
      • 5.4.5.2. South Korea Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • 5.5. Latin America
    • 5.5.1. Latin America Methyl Ethyl Ketone (MEK) Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.5.2. Brazil
      • 5.5.2.1. Key Country Dynamics
      • 5.5.2.2. Brazil Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.5.3. Argentina
      • 5.5.3.1. Key Country Dynamics
      • 5.5.3.2. France Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • 5.6. Middle East & Africa
    • 5.6.1. Middles East & Africa Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.6.2. South Africa
      • 5.6.2.1. Key Country Dynamics
      • 5.6.2.2. France Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)
    • 5.6.3. Saudi Arabia
      • 5.6.3.1. Key Country Dynamics
      • 5.6.3.2. France Methyl Ethyl Ketone (MEK) Market Estimates & Forecast, 2018 - 2033 (Kilotons) (USD Million)

Chapter 6. Methyl Ethyl Ketone (MEK) Market - Competitive Landscape

  • 6.1. Recent Developments & Impact Analysis, By Key Market Participants
  • 6.2. Company Categorization
  • 6.3. Company Market Share/Position Analysis, 2023
  • 6.4. Company Heat Map Analysis
  • 6.5. Regional Market Analysis
  • 6.6. Strategy Mapping
  • 6.7. Company Profiles
    • 6.7.1. Shell Plc
      • 6.7.1.1. Participant's Overview
      • 6.7.1.2. Financial Performance
      • 6.7.1.3. Product Benchmarking
      • 6.7.1.4. Recent Developments
    • 6.7.2. Arkema S.A.
      • 6.7.2.1. Participant's Overview
      • 6.7.2.2. Financial Performance
      • 6.7.2.3. Product Benchmarking
      • 6.7.2.4. Recent Developments
    • 6.7.3. ExxonMobil Corporation
      • 6.7.3.1. Participant's Overview
      • 6.7.3.2. Financial Performance
      • 6.7.3.3. Product Benchmarking
      • 6.7.3.4. Recent Developments
    • 6.7.4. Sasol Limited
      • 6.7.4.1. Participant's Overview
      • 6.7.4.2. Financial Performance
      • 6.7.4.3. Product Benchmarking
      • 6.7.4.4. Recent Developments
    • 6.7.5. INEOS Group
      • 6.7.5.1. Participant's Overview
      • 6.7.5.2. Financial Performance
      • 6.7.5.3. Product Benchmarking
      • 6.7.5.4. Recent Developments
    • 6.7.6. Maruzen Petrochemicals Co., Ltd.
      • 6.7.6.1. Participant's Overview
      • 6.7.6.2. Financial Performance
      • 6.7.6.3. Product Benchmarking
      • 6.7.6.4. Recent Developments
    • 6.7.7. Idemitsu Kosan Co., Ltd.
      • 6.7.7.1. Participant's Overview
      • 6.7.7.2. Financial Performance
      • 6.7.7.3. Product Benchmarking
      • 6.7.7.4. Recent Developments
    • 6.7.8. Nouryon
      • 6.7.8.1. Participant's Overview
      • 6.7.8.2. Financial Performance
      • 6.7.8.3. Product Benchmarking
      • 6.7.8.4. Recent Developments
    • 6.7.9. ENEOS Corporation
      • 6.7.9.1. Participant's Overview
      • 6.7.9.2. Financial Performance
      • 6.7.9.3. Product Benchmarking
      • 6.7.9.4. Recent Developments
    • 6.7.10. Nova Molecular Technologies
      • 6.7.10.1. Participant's Overview
      • 6.7.10.2. Financial Performance
      • 6.7.10.3. Product Benchmarking
      • 6.7.10.4. Recent Developments
    • 6.7.11. Cetex Petrochemicals
      • 6.7.11.1. Participant's Overview
      • 6.7.11.2. Financial Performance
      • 6.7.11.3. Product Benchmarking
      • 6.7.11.4. Recent Developments
    • 6.7.12. Kishida Chemicals Co.,
      • 6.7.12.1. Participant's Overview
      • 6.7.12.2. Financial Performance
      • 6.7.12.3. Product Benchmarking
      • 6.7.12.4. Recent Developments
    • 6.7.13. Vivochem
      • 6.7.13.1. Participant's Overview
      • 6.7.13.2. Financial Performance
      • 6.7.13.3. Product Benchmarking
      • 6.7.13.4. Recent Developments
    • 6.7.14. Arpadis
      • 6.7.14.1. Participant's Overview
      • 6.7.14.2. Financial Performance
      • 6.7.14.3. Product Benchmarking
      • 6.7.14.4. Recent Developments
    • 6.7.15. Muby Chemicals
      • 6.7.15.1. Participant's Overview
      • 6.7.15.2. Financial Performance
      • 6.7.15.3. Product Benchmarking
      • 6.7.15.4. Recent Developments
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Product Code: 978-1-68038-209-9

List of Tables

  • Table 1 List of Potential End-Users
  • Table 2 Regulatory Framework, by Regions
  • Table 3 List of Raw Material Suppliers
  • Table 4 U.S. Macroeconomic Outlay
  • Table 5 Canada Macroeconomic Outlay
  • Table 6 Mexico Macroeconomic Outlay
  • Table 7 Germany Macroeconomic Outlay
  • Table 8 UK Macroeconomic Outlay
  • Table 9 France Macroeconomic Outlay
  • Table 10 Italy Macroeconomic Outlay
  • Table 11 Spain Macroeconomic Outlay
  • Table 12 China Macroeconomic Outlay
  • Table 13 Japan Macroeconomic Outlay
  • Table 14 India Macroeconomic Outlay
  • Table 15 South Korea Macroeconomic Outlay
  • Table 16 Brazil Macroeconomic Outlay
  • Table 17 Argentina Macroeconomic Outlay
  • Table 18 Middle East & Africa Macroeconomic Outlay
  • Table 19 South Africa Macroeconomic Outlay
  • Table 20 Saudi Arabia Macroeconomic Outlay
  • Table 21 Participant's Overview
  • Table 22 Financial Performance
  • Table 23 Product Benchmarking
  • Table 24 Company Heat Map Analysis
  • Table 25 Key Strategy Mapping

List of Figures

  • Fig. 1 Methyl Ethyl Ketone (MEK) Market Segmentation
  • Fig. 2 Information Procurement
  • Fig. 3 Data Analysis Models
  • Fig. 4 Market Production And Validation
  • Fig. 5 Data Validating & Publishing
  • Fig. 6 Methyl Ethyl Ketone (MEK) Market Snapshot
  • Fig. 7 Methyl Ethyl Ketone (MEK) Market Segmental Outlook, 2023 (Kilotons) (USD Million)
  • Fig. 8 Methyl Ethyl Ketone (MEK) Market: Competitive Insights
  • Fig. 9 Global Methyl Ethyl Ketone (MEK) Market, 2023 (Kilotons) (USD Million)
  • Fig. 10 Global Methyl Ethyl Ketone (MEK) Market Value Chain Analysis
  • Fig. 11 Methyl Ethyl Ketone (MEK) Market Dynamics
  • Fig. 12 Methyl Ethyl Ketone (MEK) Market: Porter's Analysis
  • Fig. 13 Methyl Ethyl Ketone (MEK) Market: Pestel Analysis
  • Fig. 14 Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 15 Paints & Coatings Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 16 Printing Inks Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 17 Other Applications Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, By Application, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 18 Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, By Region, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 19 North America Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 20 U.S. Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 21 Canada Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 22 Mexico Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 23 Europe Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 24 Germany Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 25 UK Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 26 France Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 27 Italy Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 28 Spain Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 29 Asia Pacific Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 30 China Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 31 India Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 32 Japan Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 33 South Korea Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 34 Latin America Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 35 Brazil Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 36 Argentina Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 37 Middle East & Africa Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 38 Saudi Arabia Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 39 South Africa Methyl Ethyl Ketone (MEK) Market Analysis & Segment Forecast, 2018 - 2033 (Kilotons) (USD Million)
  • Fig. 40 Methyl Ethyl Ketone (MEK) Market: Company Categorization
  • Fig. 41 Methyl Ethyl Ketone (MEK) Market: Company Market Share Analysis
  • Fig. 42 Methyl Ethyl Ketone (MEK) Market: Company Market Positioning Analysis
  • Fig. 43 Methyl Ethyl Ketone (MEK) Market: Strategy Mapping
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