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Methyl Ethyl Ketone (MEK) Market Share, Size, Analysis,
Growth, Trends and Forecasts, 2016 to 2024 | Hexa Research
Methyl ethyl ketone (MEK) possesses characteristics of high evaporation rate,
solvency, and viscosity. Its low boiling point coupled with its sweet smell of acetone and
butterscotch will aid its market prospects. It is used in many industrial procedures,
mainly resins, cellulose nitrate, and cellulose gum.
The worldwide methyl ethyl ketone market is projected to surpass revenue figures by
USD 3.2 million by 2024. It is primarily driven by demand of paints and coatings by
home furnishing, infrastructure, and automotive sectors. Increasing demand from Asia
Pacific and Latin American construction & automotive sectors will further fuel market
growth. It is estimated to grow at a 4.6% CAGR over the forecast period (2016 -2024).
The global market is segmented according to applications and regions. Major market
applications include paints & coatings, adhesives, printing inks, and others. Others are
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