Methyl Isobutyl Ketone (MIBK) is an organic compound. This compound has particular features such as it is clear, colorless, has pleasant odor, is very flammable with high vapor pressure, and can be widely utilized as a solvent. Methyl Isobutyl Ketone is utilized as a solvent for manufacturing pharmaceuticals, paints, rubber, chemicals, etc.
On the other hand, there are also factors that hamper the growth of the global Methyl Isobutyl Ketone Market Size such as environment-related issues and adverse health effects. For instance, Methyl Isobutyl Ketone may cause moderate eye irritation, low toxicity if consumed. Excessive exposure may give rise to irritation to upper respiratory tract, nausea, dizziness, etc. In case of environment, Methyl Isobutyl Ketone may form explosive peroxides with exposure to air. The global Methyl Isobutyl Ketone Market Size is classified on the basis of application, end-user, and geography. On the basis of application, the global Methyl Isobutyl Ketone Market Size spans Solvent, Rubber Chemicals, Surfactants, Insecticides and others. The Solvent segment comprises Automotive & Marine Coatings, Construction Coatings, and Wood Coatings. Amongst the applications, the “Solvent” application segment held a major share of the global Methyl Isobutyl Ketone Market Size in 2015. The factors that attribute to the major share of the solvent application include its wide utility in automobile, building & construction, etc. Additionally, its high demand and usage for surface coatings and paints has significantly propelled the growth of the market. On the basis of end-user, the global Methyl Isobutyl Ketone Market Size comprises Marine, Building & Construction, Automotive, Crop Protection, and others. Get PDF with Technological Trends @ https://www.millioninsights.com/industry-reports/methyl-isobutyl-ketone-mibk-market/request-sample On the basis of geography, the global Methyl Isobutyl Ketone Market Size constitutes North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). The North American region comprises U.S. and Canada. The European region comprises France, England, Spain, Germany, Italy, and Rest of Europe. Asia Pacific region comprises China, Japan, India, ASEAN, and Rest of Asia Pacific. The Latin American region comprises Brazil, Mexico, and Rest of Latin America. The Middle East & African region comprises GCC, Egypt, South Africa, and Rest of MEA. In case of geographical region, Asia Pacific currently holds a major share of the global Methyl Isobutyl Ketone Market Size. The factors that attribute to the major share of this region include rising utility of Methyl Isobutyl Ketone in automotive and crop-protection industries in countries such as India, and China. In Asia Pacific region, China is the most important consumer of Methyl
Isobutyl Ketone, specifically in “antiozonants” application. The Asia Pacific region is followed by North America. Some of the prominent players that fuel the growth of the global Methyl Isobutyl Ketone Market Size include The Dow Chemical Company, Royal Dutch Shell Plc, Kumho P&B, Lee Chang Yung Chemical, Celanese Corporation, Eastman Chemical Company, Mitsubishi Chemical Holdings Corporation, and Mitsui Chemicals, Inc. See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/chemicals Market Segment: This report studies Methyl Isobutyl Ketone (MIBK) in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with sales, price, revenue and market share for each manufacturer, covering • Shell • Kumho P&B • Celanese • DOW • Mitsui Chemicals • Sasol • Solvay • Mitsubishi Chemical • LCY • KH Neochem • Arkema