Methyl Ethyl Ketone (MEK) Market Report, Top Companies, Industry Size, Growth, Business Opportunities and Forecast 2022-2027
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 . 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-boiling solvent for nitrocellulose, acrylic, and vinyl surface coatings. In line with this, it assists in removing oil paint fini...