Global Methyl Ethyl Ketone (MEK) Industry Analysis 2024-2031 - Maruzen Petrochemical and Cetex Petrochemicals Drive Market Expansion [Yahoo! Finance]
IDEMITSU KOSAN CO LTD ADR (IDKOY)
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Source: Yahoo! Finance
2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)" report has been added to ResearchAndMarkets.com's offering. Global MEK market is poised for steady growth, with a projected expansion at a CAGR of 3.6% during the forecast period, offering an incremental opportunity of nearly US$ 255.4 million. Methyl Ethyl Ketone (MEK), with the molecular formula C4H8O, is a volatile and flammable liquid widely utilized across various industries. It is derived from the dehydration of secondary butanol and is renowned for its effectiveness as a solvent in the paint and coating industry, alongside its applications in resin manufacturing, pharmaceuticals, chemicals, electronics, and household products. Despite its benefits, challenges such as high flammability necessitate careful handling, which may impact its adoption in certain sectors. Factors Driving Market Growth: The increasing acceptance of ME
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