However, the negative properties of the product is fueling the adaptation of bio-
based MIBK, which is eco-friendly, cost-effective and has an uncomplicated
production process. The shift towards the bio-based substitute will propel the product
demand advancing the methyl isobutyl ketone market size in the projected timespan.
Based on MIBK applications, the market is segmented into solvent, extraction
solvent, rubber processing chemical, surfactants and other minor applications such
as denaturant, insecticides, fertilizers etc. Rubber processing chemicals segment is
anticipated to grow at a significant rate to surpass USD 90 million till the end of 2025.
The rapid growth in the drift towards radial tires, the application of MIBK as a solvent
in the amalgamation of anti-ozonant additives and rubber is likely to fuel the methyl
isobutyl ketone market in the coming years.
U.S. Methyl Isobutyl Ketone (MIBK) Market Size, by End-use Industry, 2014 –
2025 (USD Million)
Based on revenue, agrochemicals recorded a substantial share among the end-use
industries growing with a CAGR over 3.5% by 2025. Methyl isobutyl ketone is widely
used in manufacturing insecticides that control garden insects and various fertilizers
to keep the crops safe before harvest. Moreover, it is also an extraction solvent for
antibiotics and pharmaceutical products owing to its high solvency and excellent
stability.
Browse key industry insights spread across 253 pages with 371 market data tables &
22 figures & charts from the report, “Methyl Isobutyl Ketone (MIBK) Market Size
By Application (Solvent, Extraction Solvent, Rubber Processing Chemical,
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