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Global Methyl Ethyl Ketone Market Driven by Flourishing Paints and Coatings Industry

The report provides an in-depth and professional analysis of the market and covers forecast for the market on a global as well as a regional level. Methyl ethyl ketone (MEK) is a commonly used solvent in a variety of industrial applications and is highly favored due to its excellent physical and chemical properties such as fast evaporation point, low boiling point, high viscosity and high solvency.The report states that the global MEK market generated revenues worth US$2,254.1 mn in 2012. Expanding at a moderate 4.50% CAGR between 2013 and 2019, the market’s revenues are expected to rise to US$3,064.5 mn by 2019. Key uses of MEK are observed in the paints and coatings industry. The development of the construction and infrastructure industry therefore, has a huge impact on the global MEK market. Over the past few years, high growth observed in the construction industry of the Asia Pacific region, especially in China, has greatly increased the demand for MEK in the global market....