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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Methyl Isobutyl Ketone Market Size
The global methyl isobutyl ketone market demand reached a volume of nearly 469.88 thousand metric tons in 2023. The demand for the product is expected to grow at a CAGR of 3% in the forecast period of 2024-2032.
Methyl Isobutyl Ketone Market Report Snapshots
Methyl Isobutyl Ketone Market Size
Methyl Isobutyl Ketone Market Growth
Methyl Isobutyl Ketone Market Regional Analysis
Methyl Isobutyl Ketone Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market attained a volume of nearly 469.88 thousand metric tons.
The market is estimated to grow at a CAGR of 3% between 2024 and 2032.
The market is being driven by the increasing construction activities in emerging markets and the rising demand for paints and coatings.
The key trends guiding the market include the expansion of production capabilities by key players, the increasing residential infrastructural development activities, and the growing use of methyl isobutyl ketone as a rubber antioxidant in tyre manufacturing.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major applications of methyl isobutyl ketone in the market are paints and coatings, rubber antioxidants, solvent extraction, adhesives and inks, and surfactants, among others.
The major players in the market are Kumho P&B Chemicals., Inc., Royal Dutch Shell plc, Celanese Corporation, LCY Group, Mitsui Chemicals, Inc., Solvay S.A., and Sasol Limited, among others.
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