India Methyl Ethyl Ketone Market size is expected to grow at a CAGR of 5.8 % throughout the forecast period, reaching nearly 15.71 Thousand Tonnes by 2027. To know about the Research Methodology :- Request Free Sample Report Methyl-ethyl-ketone (MEK) is a colorless and a harsh smelling carbon-based compound. It is commonly known as butanone. MEK characterized by outstanding chemical assets including low boiling point, high viscosity, high solvency, and high evaporation rate because of which it is used as a solvent across various applications. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. Methyl ethyl ketone is also used in personal care and pharmaceutical industries were in the manufacturing of anesthetics, antiseptics, drugs, and lotions. So, the rapid growth of the pharmaceutical industry on account of growing healthcare expenditure in India is expected to drive the demand during the forecast period. Regulatory bodies in India, have executed stringent regulations on MEK manufacturers with respects to the product’s toxicity levels. This is expected to restrain market growth in the upcoming future. In India, the government's investment target of US$ XX.5 billion for developing 27 industrial clusters; this is projected to boost commercial construction in the country. The changeable cost of crude oil and its downstream derivatives can also directly impact market profitability, as most of the normally used solvents including MEK are downstream results of crude oil. The report contains a detailed list of factors that will drive and restrain the growth of the MEK market. The report covers the segments such as application and industry. Paints & coatings emerged as the leading application segment and is expected to register a CAGR of xx.4% from 2022-2027. Growing spending on construction activities with the rapid growth of the automobile industry in emerging markets of India has resulted in a high demand for paints & coatings. Paints & coatings contain waterborne, specialty, powder, and solvent-borne coatings. High demand for powder coatings in automobiles and electronics industries has considerably enhanced the product consumption in this application segment. By Industry, the construction segment held the largest MEK market share of xx.3% in 2021 and is projected to grow at the highest CAGR of xx.5% to reach US$ xx million by 2027. Growing constructional spending in India, coupled with growing customer inclination toward supreme quality paints and coatings is rising the product demand in India. Because of some of the attributing features of the product like strong solvency, high evaporation rate, and low viscosity, the application landscape of the MEK industry encompasses the healthcare industry as well. The report also focuses on Indian major leading industry players of India Methyl Ethyl Ketone Market providing information such as company profiles, revenue, product and specification, capacity, production, cost, and contact information. ExxonMobil Chemical is one of the largest chemical companies for MEK. The company holds leadership positions in some of the largest-volume and highest-growth commodity chemical products. In recent years, major players in the India methyl ethyl ketone market have taken several strategic measures, such as facility expansions and partnerships. Prasol Chemicals Pvt Ltd is also the leading company in India for MEK. The product that Prasol Manufactures are prevalent in many sectors such as paint and coatings, lubricants, thinners, pharmaceutical, etc. The Company’s goal to reach spans 40 Countries along with local presence pan India. The objective of the report is to present comprehensive analysis of India Methyl Ethyl Ketone Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding India Methyl Ethyl Ketone Market dynamics, structure by analyzing the market segments, and project the India Methyl Ethyl Ketone Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the India Methyl Ethyl Ketone Market make the report investor’s guide.
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India Methyl Ethyl Ketone Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2027 Historical Data: 2017 to 2021 Market Size in 2021: 11.2 Thousand Tonnes Forecast Period 2022 to 2027 CAGR: 5.8% Market Size in 2027: 15.71 Thousand Tonnes Segments Covered: by Application • Solvent • Resin • Printing Ink • Adhesive • Others by Industry • Paints & Coatings • Rubber • Construction • Packaging & Publishing • Others
India Methyl Ethyl Ketone Market Key Players• Prasol Chemicals Pvt Ltd • Shell Chemicals • Exxonmobil Co India Private Limited • Norac • NOREX FLAVOURS PRIVATE LIMITED • AkzoNobel • YOG INTERNATIONAL PVT. LTD. • Tasco Chemical • B. Pankajkumar & Co. • Osho Chem • Globe Indya Chemie • Amber Chemicals • Cetex Petrochemicals Ltd. • Yingde Power Chemical • Royal Dutch Shell • SASOL • Arkema • Zibo Qixiang Petrochemical Industry • Maruzen Petrochemical
Frequently Asked Questions:1. Which region has the largest share in India Methyl Ethyl Ketone Market? Ans: North India region held the highest share in 2021. 2. What is the growth rate of India Methyl Ethyl Ketone Market? Ans: The India Methyl Ethyl Ketone Market is expected to grow at a CAGR of 5.8% during forecast period 2022-2027. 3. What is scope of the India Methyl Ethyl Ketone market report? Ans: India Methyl Ethyl Ketone Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in India Methyl Ethyl Ketone market? Ans: The important key players in the India Methyl Ethyl Ketone Market are – Prasol Chemicals Pvt Ltd, Shell Chemicals, Exxonmobil Co India Private Limited, Norac, NOREX FLAVOURS PRIVATE LIMITED, AkzoNobel, and YOG INTERNATIONAL PVT. LTD., Tasco Chemical, B. Pankajkumar & Co., Osho Chem, Globe Indya Chemie, Amber Chemicals, Cetex Petrochemicals Ltd., Yingde Power Chemical, Royal Dutch Shell, SASOL, Arkema, Zibo Qixiang Petrochemical Industry, and Maruzen Petrochemical 5. What is the study period of this market? Ans: The India Methyl Ethyl Ketone Market is studied from 2021 to 2027.
India Methyl Ethyl Ketone Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 220.127.116.11. Secondary data 18.104.22.168. Secondary Sources 2.3.2. Primary Research 22.214.171.124. Data from Primary Sources 126.96.36.199. Breakdown of Primary Sources 3. Executive Summary: India Methyl Ethyl Ketone Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. India Methyl Ethyl Ketone Market Analysis and Forecast, By Application 6.1. Introduction and Definition 6.2. Key Findings 6.3. India Methyl Ethyl Ketone Market Value Share Analysis, By Application 6.4. India Methyl Ethyl Ketone Market Size (US$ Mn) Forecast, By Application 6.5. India Methyl Ethyl Ketone Market Analysis, By Application 6.6. India Methyl Ethyl Ketone Market Attractiveness Analysis, By Application 7. India Methyl Ethyl Ketone Market Analysis and Forecast, By Industry 7.1. Introduction and Definition 7.2. Key Findings 7.3. India Methyl Ethyl Ketone Market Value Share Analysis, By Industry 7.4. India Methyl Ethyl Ketone Market Size (US$ Mn) Forecast, By Industry 7.5. India Methyl Ethyl Ketone Market Analysis, By Industry 7.6. India Methyl Ethyl Ketone Market Attractiveness Analysis, By Industry 8. India Methyl Ethyl Ketone Market Analysis 8.1. Key Findings 8.2. India Methyl Ethyl Ketone Market Overview 8.3. India Methyl Ethyl Ketone Market Value Share Analysis, By Application 8.4. India Methyl Ethyl Ketone Market Forecast, By Application 8.4.1. Solvent 8.4.2. Resin 8.4.3. Printing Ink 8.4.4. Adhesive 8.4.5. Others 8.5. India Methyl Ethyl Ketone Market Value Share Analysis, By Industry 8.6. India Methyl Ethyl Ketone Market Forecast, By Industry 8.6.1. Paints & Coatings 8.6.2. Rubber 8.6.3. Construction 8.6.4. Packaging & Publishing 8.6.5. Others 8.7. PEST Analysis 8.8. Key Trends 8.9. Key Developments 9. Company Profiles 9.1. Market Share Analysis, by Company 9.2. Competition Matrix 9.2.1. Competitive Benchmarking of key players by price, presence, market share, Solutions and R&D investment 9.2.2. New Product Launches and Product Enhancements 9.2.3. Market Consolidation 188.8.131.52. M&A by Country, Investment and Solutions 184.108.40.206. M&A Key Players, Forward Integration and Backward 220.127.116.11. Integration 9.3. Company Profiles: Key Players 9.3.1. Prasol Chemicals Pvt Ltd 18.104.22.168. Company Overview 22.214.171.124. Financial Overview 126.96.36.199. Product Portfolio 188.8.131.52. Business Strategy 184.108.40.206. Recent Developments 220.127.116.11. Company Footprint 9.3.2. Shell Chemicals 9.3.3. Exxonmobil Co India Private Limited 9.3.4. Norac 9.3.5. NOREX FLAVOURS PRIVATE LIMITED 9.3.6. AkzoNobel 9.3.7. YOG INTERNATIONAL PVT. LTD. 9.3.8. Tasco Chemical 9.3.9. B. Pankajkumar & Co. 9.3.10. Osho Chem 9.3.11. Globe Indya Chemie 9.3.12. Amber Chemicals 9.3.13. Cetex Petrochemicals Ltd. 9.3.14. Yingde Power Chemical 9.3.15. Royal Dutch Shell 9.3.16. SASOL 9.3.17. Arkema 9.3.18. Zibo Qixiang Petrochemical Industry 9.3.19. Maruzen Petrochemical 10. Primary Key Insights