As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global methyl isobutyl ketone market is being aided by the growing paints and coatings sector and the automobile industry, particularly in regions like Brazil, Eastern Europe, and some Asian countries. The Asia Pacific region is the major producer of the product, accounting for nearly 55% of the global share. The Asia Pacific is followed by Western Europe and North America, among others, as the significant supply markets for methyl isobutyl ketone. Moreover, the demand for methyl isobutyl ketone from the surfactant and solvent extraction market is expected to increase in the coming years; thus, further aiding the industry over the forecast period. South Africa serves as the major exporting region, exporting significant volumes of methyl isobutyl ketone to regions like the United States, Singapore, and Europe, among others.
Kumho P&B Chemicals., Inc., one of the major players in the industry, is the major manufacturer of methyl isobutyl ketone in Asia and is the largest manufacturer of the product in the world. In October 2019, Sasol Limited (NYSE: SSL), another significant player in the industry, and Nduna Maritime entered into a R400 million enterprise and supplier development (ESD) funding agreement in South Africa’s first locally-owned maritime vessel, further transporting chemicals to international markets while localising its South African business and diversifying its supply chain. Such developments are expected to aid the global methyl isobutyl ketone market over the forecast period.
Market Breakup by Applications and Regions:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global methyl isobutyl ketone market are Sasol Limited, Kumho P&B Chemicals., Inc., Celanese Corporation, Shell Chemicals, Dow Chemical Company, Jilin Nuoxin Chemical Co., Ltd., Mitsui Chemicals Group, Solvay Group, and LCY Chemical Corp., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.