Methyl Isobutyl Ketone (MIBK) Market Size and Forecast | Key Companies – Kumho P&B Chemicals Inc., Eastman Chemical Company, Sasol, LCY GROUP
Methyl isobutyl ketone (MIBK) or mono-isobutyl ketone is a liquid manufactured by aldol condensation of acetone and its intermediates. The global methyl isobutyl ketone market report by Market Research Future (MRFR) estimates the market size, market revenue share. and segment projections for the period of 2017 to 2023 (forecast period). Analysis of the COVID-19 pandemic and its impact on production are discussed thoroughly in the report with suggestive measure to ensure a constant flow. Market Scope The global methyl isobutyl ketone market is expected to touch a stupendous valuation by owing to the demand for MIKB solvent in coatings, adhesives, and paints. Its compatibility with organic material makes it a desired chemical for various formulations for solvents. The large construction budget for development of buildings and surrounding infrastructure by governments and private firms can drive its demand exponentially. This is supported by the rise in per capita income levels and r...