Specialty Chemicals & Polymers · Direct
Monitoring · monthlyProcurement Category Intelligence
Solvents - MEK
Overview
Market size
$1.6B
global, USD
CAGR
3.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
7
tracked players
Signals
12
2 high severity
Market outlook
2031$1.9B
What changed
Demand by region
Asia Pacific demand45%
North America demand26%
Europe demand18%
Latin America demand6%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Raw Material Feedstock (n-Butene / Secondary Butyl Alcohol)55%
Energy and Utilities (Catalytic Dehydrogenation Processing)20%
Logistics and Specialized Bulk Chemical Transportation12%
Fixed Manufacturing and Plant Overhead8%
Regulatory Compliance and Environmental Controls5%
share of delivered cost (analyst estimate)