Methyl Ethyl Ketone (MEK) Prices, Trends & Forecasts | Provided by Procurement Resource

Posted on the 17 May 2023 by Sandra @shvong1

Methyl Ethyl Ketone (MEK) is a colourless liquid chemical compound that smells nice and acetone-like. It is also known as 2-butanone due to its four-carbon chain and ketone group.

It is a highly flammable and volatile solvent that is widely used in the manufacture of textiles, plastics, and other industrial products. It is also used as a cleaning agent and a solvent for resins, coatings, and adhesives in a variety of industries.

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MEK is formed by dehydrogenating secondary butanol, which is derived from propylene. It's a transparent liquid that's soluble in a variety of organic solvents including water. It has a boiling point of 79°C and a flash point of -9°C.

China, Japan, Taiwan, and South Korea are the leading producing countries in the market of methyl ethyl ketone (MEK).

Key Details About the Methyl Ethyl Ketone (MEK) Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Methyl Ethyl Ketone (MEK) price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Methyl Ethyl Ketone (MEK) Price chart, including India's Methyl Ethyl Ketone (MEK) price, USA's Methyl Ethyl Ketone (MEK) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Methyl Ethyl Ketone (MEK) Price Trend:

MEK is a solvent that is used in the production of paints, coatings, and varnishes. It is particularly effective at dissolving and combining synthetic resins, which are extensively used in current paint formulations. MEK can also be used as a coating and paint thinner, as well as for cleaning.

It is a solvent used in the production of adhesives, particularly those based on acrylic or vinyl polymers. It is also useful for cleaning adhesive equipment.

It is a solvent used in the manufacture of offset, gravure, and flexographic printing inks. It helps ink pigments and binders dissolve, allowing them to be deposited on the printing surface.

In the pharmaceutical sector, it is used as a solvent for extracting and purifying active chemicals from plant sources.

It is a solvent that is used to extract natural products such as oils, fats, and waxes. It is extremely useful for extracting essential oils from plants for use in perfumes, tastes, and aromatherapy.

Key Players:

  • ExxonMobil Corporation
  • Royal Dutch Shell Plc
  • Arkema Group
  • Sasol Limited
  • Tasco Chemical Corporation
  • Solventis

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