Transparency Market Research Methyl Isobutyl Ketone Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
Published Date 16-Nov-2016
145 Page Report
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Press Release
Global Methyl Isobutyl Ketone (MIBK) Market: Increased Focus on Development of Bio-based Product Range Vital for Sustainable Growth, says TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Methyl Isobutyl Ketone Market
REPORT DESCRIPTION Methyl Isobutyl Ketone Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 The global market for methyl isobutyl ketone (MIBK) features a largely consolidated competitive landscape, with the top five players accounting for over 55% of the overall market in 2015. These companies, namely Shell Chemicals, Kumho P&B Chemicals., Inc., Celanese Corporation, The Dow Chemical Company, and LCY Chemical Corp. have established strong distribution and sales channels to enhance their reach and market their products to customers across the globe. The degree of competition in the market is expected to be low to medium during the forecast period. Focus on the increased production of bio-based MIBK is anticipated to offer lucrative opportunities to market participants in terms of product development in the near future. Transparency Market Research estimates that the global methyl isobutyl ketone market will exhibit a 7.5% CAGR over the period between 2016 and 2024. If the prediction holds true, the market, which valued at US$827.4 mn in 2015, will rise to US$1,572.3 mn by 2024. Get Sample Of This Research Report At : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1310 In terms of application, the solvent segment accounted for the leading share of the market in 2015 and is anticipated to expand at a promising CAGR of 7.7% between 2016 and 2024, smoothly retaining its dominance over the said period. In terms of geography, the Asia Pacific market accounted for the leading share of over 42% in terms of revenue in the global MIBK market in 2015. Steady Rise in Demand for Rubber Chemicals and Solvents in Automotive Industry Key to Growth One of the most lucrative applications of MIBK is its use as a solvent and rubber chemical. The flourishing global automotive industry has led to an increased consumption of solvents for surface coatings and rubber processing chemicals, which in turn, has increased the consumption of MIBK in the automotive industry. In the
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next few years, the demand for MIBK across automobile applications is expected to be one of the most influential drivers of the global MIBK market. Moreover, the market is also driven by the rising demand for bio-based MIBK. Rising aversion to synthetic MIBK owing to its harsh impact on the environment and the health of living beings in close proximity of the substance, is expected to fuel the global demand for bio-based MIBK in the near future. Cost of the bio-based MIBK processing method is less than the petroleum-based method. Thus, the adoption of bio-based MIBK is being considered an economical as well as an ecologically viable option for a number of industries. Analysts forecast that bio-based MIBK will gradually replace petroleum-based MIBK to a large extent by 2024. Concerns Regarding Environmental and Health Hazards to Restrain Market Growth Several studies have revealed the harmful impact of even low-level exposure to MIBK on the human health. Petroleum-based MIBK is also considered to be harmful to the environment as the substance can form explosive peroxides upon exposure to air, while spilling during transport and storage. Concerns regarding these aspects are one of the key challenges faced by the global MIBK market, limiting its use across a number of applications in many key end-use industries. However, the rising acceptance of bio-based MIBK and the vast advancements seen in the process of manufacturing MIBK from plant sources is a viable opportunity for future growth. Browse The Full Research Report At : http://www.transparencymarketresearch.com/methyl-isobutylketone.html This review of the market is based on a recent market research report published by Transparency Market Research, titled “Methyl Isobutyl Ketone Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.� For the study, the global methyl isobutyl ketone market is segmented as follows: Methyl Isobutyl Ketone Market: Application Analysis
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Solvent
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Automotive & Marine Coatings
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Construction Coatings
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Wood Coatings
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Rubber Chemicals
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Surfactants
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Insecticides
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Others
Methyl Isobutyl Ketone Market: End-User Analysis •
Marine
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Building & Construction
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Automotive
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Crop Protection
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Others
Methyl Isobutyl Ketone Market: Regional Analysis North America •
U.S.
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Canada
Europe •
France
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U.K.
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Spain
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Germany
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Italy
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Rest of Europe
Asia Pacific •
China
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Japan
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India
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ASEAN
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Rest of Asia Pacific
Latin America •
Brazil
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Mexico
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Rest of Latin America
Middle East & Africa (MEA) •
GCC
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Egypt
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South Africa
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Rest of MEA
Browse Press Release : http://www.transparencymarketresearch.com/pressrelease/methyl-isobutylketone.htm
TABLE OF CONTENT 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights
2. Assumptions and Research Methodology 2.1. Assumptions and Acronyms Used
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2.2. Research Methodology
3. Executive Summary 3.1. Market Size, Global Methyl Isobutyl Ketone Market (US$ Mn) 3.2. Key Trends 3.3. Regional Overview, 2015 & Top 3 Product Share, 2015- 2024
4. Market Overview 4.1. Product Overview 4.2. Market Indicators 4.3. Key Industry Developments 4.4. Market Dynamics Market Dynamics 4.4.1. Drivers 4.4.2. Restraints 4.4.3. Key Opportunities 4.5. Methyl Isobutyl Ketone (MIBK)Pricing - Actuals and Projections, 2015 – 2024 (US$/kilo tons) 4.6. Methyl Isobutyl Ketone (MIBK)Market - Global Supply Demand Scenario 4.7. Porter’s Analysis Porter’s Analysis 4.7.1. Threat of Substitutes 4.7.2. Bargaining Power of Buyers
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4.7.3. Bargaining Power of Suppliers 4.7.4. Threat of New Entrants 4.7.5. Degree of Competition 4.8. Market Outlook
5. Global Methyl Isobutyl Ketone (MIBK)Market Analysis By Application, 2015- 2024 5.1. Key Findings 5.2. Introduction 5.3. Global Methyl Isobutyl Ketone (MIBK) Market Value Share Analysis, by Application, 2015- 2024 5.4. Methyl Isobutyl Ketone (MIBK) Market Forecast, by Application, 2015- 2024 5.5. Methyl Isobutyl Ketone (MIBK) Market Analysis, by Application, 2015- 2024 5.6. Methyl Isobutyl Ketone (MIBK) Market Attractiveness Analysis, by Application, 2015- 2024
6. Global Methyl Isobutyl Ketone (MIBK)Market Analysis By End-User, 2015- 2024 6.1. Key Findings 6.2. Introduction 6.3. Global MIBK Market Value Share Analysis, by End-User, 2015- 2024 6.4. Methyl Isobutyl Ketone (MIBK) Market Analysis, by End-User, 2015- 2024 6.5. Methyl Isobutyl Ketone (MIBK) Market Attractiveness Analysis, by End-User, 2015- 2024
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7. Global Methyl Isobutyl Ketone (MIBK)Market Analysis and Forecasts, By Region 7.1. Global Methyl Isobutyl Ketone (MIBK)Market Scenario, by Region, 2015- 2024 7.2. Global MIBK Market Value Share Analysis, by Region, 2015- 2024 7.3. MIBK Market Forecast, by Region, 2015- 2024 7.4. Methyl Isobutyl Ketone (MIBK) Market Attractiveness Analysis, by Region, 2015- 2024
8. North America Methyl Isobutyl Ketone (MIBK) Market Analysis 8.1. Key Findings 8.2. Market Trends- Policies & Regulations 8.3. North America MIBK Market Overview 8.4. North America Market Value Share Analysis, by Application, 2015 – 2024 8.5. North America Market Forecast, by Application, 2015- 2024 8.6. North America Market Value Share Analysis, by End-user, 2015- 2024 8.7. North America Market Forecast, by End-user, 2015- 2024 8.8. North America Market Value Share Analysis, by Country, 2015- 2024 8.9. North America Market Forecast, by Country, 2015- 2024 8.10. Market Attractiveness Analysis 8.10.1. By Country 8.10.2. By Application 8.10.3. By End use
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8.11. Market Trends
9. Europe Methyl Isobutyl Ketone (MIBK) Market Analysis 9.1. Key Findings 9.2. Europe MIBK Market Overview 9.3. Europe Market Value Share Analysis, by Application, 2015–2024 9.4. Europe Market Forecast, by Application, 2015- 2024 9.5. Europe Market Value Share Analysis, by End-user, 2015- 2024 9.6. Europe Market Forecast, by End-user, 2015- 2024 9.7. Europe Market Value Share Analysis, by Country, 2015- 2024 9.10. Europe Market Forecast, by Country, 2015- 2024 9.11. Europe Market Attractiveness Analysis 9.11.1. By Country 9.11.2. By Application 9.11.3. By End use 9.12. Market Trends
10. Asia Pacific Methyl Isobutyl Ketone (MIBK)Market Analysis 10.1. Key Findings 10.2. Asia Pacific MIBK Market Overview
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10.3. Asia Pacific Market Value Share Analysis, by Application, 2015- 2024 10.4. Asia Pacific Market Forecast, by Application, 2015–2024 10.5. Asia Pacific Market Value Share Analysis, by End-user, 2015- 2024 10.6. Asia Pacific Market Forecast, by End-user, 2015- 2024 10.7. Asia Pacific Market Value Share Analysis, by Country, 2015- 2024 10.8. Asia Pacific Market Forecast, by Country, 2015- 2024 10.9. Market Attractiveness Analysis 10.9.1. By Country 10.9.2. By Application 10.9.3. By End use 10.10. Market Trends
11. Latin America Methyl Isobutyl Ketone (MIBK) Market Analysis 11.1. Key Findings 11.2. Latin America MIBK Market Overview 11.3. Latin America Market Value Share Analysis, by Application, 2015- 2024 11.4. Latin America Market Forecast, by Application, 2015- 2024 11.5. Latin America Market Value Share Analysis, by End-user, 2015- 2024 11.6. Latin America Market Forecast, by End-user, 2015- 2024 11.7. Latin America Market Value Share Analysis, by Country, 2015- 2024
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11.8. Latin America Market Forecast, by Country, 2015- 2024 11.9. Market Attractiveness Analysis 11.9.1. By Country 11.9.2. By Application 11.9.3. By End use 11.10. Market Trends
12. Middle East & Africa (MEA) Methyl Isobutyl Ketone (MIBK) Market Analysis 12.1. Key Findings 12.2. Middle East & Africa MIBK Market Overview 12.3. Middle East & Africa MIBK Market Value Share Analysis, by Application, 2015- 2024 12.4. Middle East & Africa MIBK Market Forecast, by Application, 2015- 2024 12.5. Middle East & Africa MIBK Market Value Share Analysis, by End-user, 2015- 2024 12.6. Middle East & Africa MIBK Market Forecast, by End-user, 2015- 2024 12.7. Middle East & Africa MIBK Market Value Share Analysis, by Country, 2015- 2024 12.8. Market Attractiveness Analysis 12.5.1. By Country 12.5.2. By Application 12.5.3. By End use 12.9. Market Trends
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13. Competition Landscape 13.1. Competition Matrix 13.2. Methyl Isobutyl Ketone (MIBK)Market Share Analysis, by Company (2015) 13.3. Company Profiles 13.3.1. Eastman Chemical Company 13.3.1.1. Company Description 13.3.1.2. Business Overview 13.3.1.3. Financial Details 13.3.1.4. SWOT 13.3.1.5. Strategic Overview 13.3.2. Mitsui Chemicals, Inc. 13.3.2.1. Company Description 13.3.2.2. Business Overview 13.3.2.3. Financial Details 13.3.2.4. SWOT 13.3.2.5. Strategic Overview 13.3.3. Mitsubishi Chemical Holdings Corporation 13.3.3.1. Company Description 13.3.3.2. Business Overview
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13.3.3.3. Financial Details 13.3.3.4. SWOT 13.3.3.5. Strategic Overview 13.3.4. Celanese Corporation 13.3.4.1. Company Description 13.3.4.2. Business Overview 13.3.4.3. Financial Details 13.3.4.4. SWOT 13.3.4.5. Strategic Overview 13.3.5. Royal Dutch Shell Plc. (Shell) 13.3.5.1. Company Description 13.3.5.2. Business Overview 13.3.5.3. Financial Details 13.3.5.4. SWOT 13.3.5.5. Strategic Overview 13.3.6. The Dow Chemicals Company 13.3.6.1. Company Description 13.3.6.2. Business Overview 13.3.6.3. Financial Details 13.3.6.4. SWOT
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13.3.6.5. Strategic Overview 13.3.7. KUMHO P&B CHEMICALS., INC. 13.3.7.1. Company Description 13.3.7.2. Business Overview 13.3.7.3. Financial Details 13.3.7.4. SWOT 13.3.7.5. Strategic Overview 13.3.8. Sasol Ltd. 13.3.8.1. Company Description 13.3.8.2. Business Overview 13.3.8.3. Financial Details 13.3.8.4. SWOT 13.3.8.5. Strategic Overview 13.3.9. Monument Chemical 13.3.9.1. Company Description 13.3.9.2. Business Overview 13.3.10. Carboclor S.A. 13.3.10.1. Company Description 13.3.10.2. Business Overview 13.3.11. LCY Chemical Corporation
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13.3.11.1. Company Description 13.3.11.2. Business Overview 13.3.11.3. Financial Details 13.3.11.4. SWOT 13.3.11.5. Strategic Overview
14. Key Take aways
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