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Methyl Isobutyl Ketone Market Value Is Estimated to Reach USD114.9 million by 2028, With 10.40% CAGR – Credence Research

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Methyl Isobutyl Ketone Market Value Is Estimated to Reach USD114.9 million by 2028, With 10.40% CAGR – Credence Research

September 08
00:24 2022
Methyl Isobutyl Ketone Market Value Is Estimated to Reach USD114.9 million by 2028, With 10.40% CAGR - Credence Research
Some of the major players in the market are Arkema Group, Celanese Corporation, Eastman Chemical Company, Kumho P&B Chemicals Inc., LCY Chemical Corp., Mitsubishi Chemical Corporation, Mitsui Chemicals Inc., Royal Dutch Shell PLC, and Sasol Limited.

The latest market report published by Credence Research, Inc. “Methyl Isobutyl Ketone Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The methyl isobutyl ketone market generated revenue of around USD 695.2 billion in 2021 and is anticipated to grow a CAGR of over 3.90% during the forecast period from 2022 to 2028 to reach around USD 874.58 billion in 2028. 

The increasing use in the production of cosmetic and personal care products is driving market growth. The growing demand for the methyl isobutyl ketone market in the automotive industry is rapidly increasing due to its highly suitable rubber chemical solvents used in rubber production for tires, and it is also used for metal parts. Plastic components of the car’s interior and exterior are the major driving factors for the global methyl isobutyl ketone market. Additionally, the construction industry’s rapid industrialization is expected to boost the methyl isobutyl ketone market. 

The methyl isobutyl ketone market is bifurcated into the end-use industry, application, and geography. Based on the end-use industry, the market is categorized into automotive, paint and coatings, cosmetics, agrochemicals and others. Based on application, the global methyl isobutyl ketone market is segmented into rubber processing, surfactants, pesticides, and others. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

In 2021, Asia Pacific will be the largest contributor to the global methyl isobutyl ketone market. Regarding production and sales, India and China are the developed countries expected to demand the methyl isobutyl ketone market. The Asia-Pacific Methyl Isobutyl Ketone market has grown due to increasing industrialization and construction. In addition, these factors, such as affordable raw materials, low labor costs, and the development of new applications, such as automobiles and rubber processing, meet the demand. These growing applications are driving market growth in this region.

Why to Buy This Report-

  • The report provides a qualitative and quantitative analysis of the methyl isobutyl ketone market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, base year- 2021, and forecast period 2022-2028.
  • The report provides information on the competitive landscape, including how key players in the market are operating at a global, regional, and country level.
  • In-depth analysis of the global methyl isobutyl ketone market segmentation based on end-use industry and application.
  • Major countries in each region with their import/export statistics
  • The methyl isobutyl ketone market report also includes analyzing the global, regional, and country level, along with key market trends, significant players analysis, market growth strategies, and key application areas.

Let’s learn more about this opportunity with free sample – https://www.credenceresearch.com/report/methyl-isobutyl-ketone-market

Methyl Isobutyl Ketone Market Scope

Report Attribute

Details

Market Value in 2021

USD 695.2 billion

Market Value in 2028

USD 874.58 billion

CAGR

3.90%

Benchmarking Year

2021

Past data

2016 – 2021

Forecast period

2022 – 2028

Table of Content

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Primary Research

1.3.3. Phase III – Expert Panel Review

1.3.4. Approach Adopted

1.3.4.1. Top-Down Approach

1.3.4.2. Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

2. Executive Summary

2.1. Market Snapshot: Global Methyl Isobutyl Ketone Market

2.2. Global Methyl Isobutyl Ketone Market, By End-use industry

2.3. Global Methyl Isobutyl Ketone Market, By Application

2.4. Global Methyl Isobutyl Ketone Market, By Region

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Methyl Isobutyl Ketone Market Value, 2016-2028, (US$ Bn)

3.2. Market Dynamics

3.2.1. Key Growth Trends

3.2.2. Market Drivers

3.2.3. Market Restraints

3.2.4. Market Opportunities

3.2.5. Major Industry Challenges

3.3. Attractive Investment Proposition,2021

3.3.1. End–use industry

3.3.2. Application

3.3.3. Geography

4. Premium Insights

4.1. STAR (Situation, Task, Action, Results) Analysis

4.2. Porter’s Five Forces Analysis

4.2.1. Threat of New Entrants

4.2.2. Bargaining Power of Buyers/Consumers

4.2.3. Bargaining Power of Suppliers

4.2.4. Threat of Substitute Types

4.2.5. Intensity of Competitive Rivalry

4.3. Value Chain Analysis

4.4. Technology Analysis

4.5. Marketing Strategy Analysis

4.5.1. Direct Marketing

4.5.2. Indirect Marketing

4.5.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2021

5.1. Company Market share of key players, 2021

5.2. Competitive Benchmarking

5.3. Market Positioning of Key Vendors

5.4. Geographical Presence Analysis

5.5. Major Strategies Adopted by Key Players

5.5.1. Key Strategies Analysis

5.5.2. Mergers and Acquisitions

5.5.3. Partnerships

5.5.4. Product Launch

5.5.5. Geographical Expansion

5.5.6. Others

6. COVID 19 Impact Analysis

6.1. Global Methyl Isobutyl Ketone Market Pre Vs Post COVID 19, 2019 – 2028

6.2. Impact on Import & Export

6.3. Impact on Demand & Supply

7. Global Methyl Isobutyl Ketone Market

7.1. Global Methyl Isobutyl Ketone Market, by End-use industry, 2016-2028(US$ Bn)

7.1.1. Overview

7.1.2. Global Methyl Isobutyl Ketone Market, By End-use Industry, 2021 vs 2028 (in%)

7.1.3. Global Methyl Isobutyl Ketone Market, By Automotive, 2016-2028 (US$ Bn)

7.1.4. Global Methyl Isobutyl Ketone Market, By Paints and Coatings, 2016-2028 (US$ Bn)

7.1.5. Global Methyl Isobutyl Ketone Market, By Cosmetics, 2016-2028 (US$ Bn)

7.1.6. Global Methyl Isobutyl Ketone Market, By Agrochemicals, 2016-2028 (US$ Bn)

7.1.7. Global Methyl Isobutyl Ketone Market, By Others, 2016-2028 (US$ Bn)

7.2. Global Methyl Isobutyl Ketone Market, By Application, 2016-2028(US$ Bn)

7.2.1. Overview

7.2.2. Global Methyl Isobutyl Ketone Market, By Application, 2021 vs 2028 (in%)

7.2.3. Global Methyl Isobutyl Ketone Market, By Rubber Processing, 2016-2028 (US$ Bn)

7.2.4. Global Methyl Isobutyl Ketone Market, By surfactants, 2016-2028 (US$ Bn)

7.2.5. Global Methyl Isobutyl Ketone Market, By Pesticides, 2016-2028 (US$ Bn)

7.2.6. Global Methyl Isobutyl Ketone Market, By Others, 2016-2028 (US$ Bn)

8. North America Methyl Isobutyl Ketone Market Analysis

………

 

9. Europe Methyl Isobutyl Ketone Market Analysis

………

 

10. Latin America Methyl Isobutyl Ketone Market Analysis

……..

 

11. Middle East and Africa Methyl Isobutyl Ketone Market Analysis

……..

 

12. Company Profiles

12.1. Arkema Group

12.1.1. Company Overview

12.1.2. Products/Services Portfolio

12.1.3. Geographical Presence

12.1.4. Financial Summary

12.1.4.1. Market Revenue and Net Profit (2019-2021)

12.1.4.2. Business Segment Revenue Analysis

12.1.4.3. Geographical Revenue Analysis

12.2. Celanese Corporation

12.3. Eastman Chemical Company

12.4. Kumho P&B Chemicals Inc.

12.5. LCY Chemical Corp.

12.6. Mitsubishi Chemical Corporation

12.7. Mitsui Chemicals Inc.

12.8. Royal Dutch Shell PLC

12.9. Sasol Limited

12.10. Others

……

Let’s learn more with complete ToC, LoF & LoT– https://www.credenceresearch.com/report/methyl-isobutyl-ketone-market

Medium- What’s Significant In Methyl Isobutyl Ketone Market?| Medium

About Us

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, nonlegislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

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