Market Overview:
The global methyl ethyl ketone peroxide (MEKP) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for MEKP in polymer manufacturing and composite manufacturing applications. In terms of volume, Asia Pacific is expected to lead the global methyl ethyl ketone peroxide (MEKP) market during the forecast period.
Product Definition:
Methyl Ethyl Ketone Peroxide (MEKP) is a clear, colorless liquid with a ketone odor. It is used as an initiator for free radical polymerization of vinyl and acrylic monomers. MEKP has high reactivity and short half-life, so it must be used in combination with other additives that stabilize the reaction and slow the rate of degradation.
First Grade Methyl Ethyl Ketone Peroxide(MEKP):
First grade methyl ethyl ketone peroxide (MEKP) is a solvent which has been used in paints and coatings, printing inks, adhesives and sealants production. It’s major applications include industrial paints & coatings, printing inkjet papers & plates as well as for cleaning of metal parts. The product is also used to manufacture polyester resin due to its high compatibility with the monomer during polymerization process.
Premium Grade Methyl Ethyl Ketone Peroxide(MEKP):
Premium grade methyl ethyl ketone peroxide (MEKP) is a type of chemical compound which is used as an industrial solvent. It has wide applications in industries such as paints and coatings, adhesives, plasticizers, printing inks and resins among others. The growing demand for MEKP from the abovementioned industries along with its rising use in various end-use applications has been driving the market over the past few years.
Application Insights:
The polymer manufacturing application segment led the global market and accounted for more than 40% of the total revenue share in 2017. The high share is attributable to growing demand for polymers, such as PVC, polyvinyl chloride (PVC), and others in construction, automotive & transportation industries globally. Rapid urbanization coupled with a rising population across the globe has resulted in an increased demand for housing structures and thus supported growth of this application segment over the recent years.
MEKP plays a key role in composite manufacturing due to its ability to reduce foam formation during composites curing process. It acts as a catalyst by breaking down unsaturated bonds between fatty acids present within resins used to form composites at elevated temperatures without undergoing any chemical change itself. Rising use of composite materials in various end-use industries including aerospace & defense on account of their lightweight properties is expected to drive product consumption over forecast period thereby contributing towards industry growth during future period.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region is attributed to rising product demand from various end-use industries, such as automotive, construction, packaging and electrical & electronics. China emerged as a major consumer due to rapid industrialization along with growing domestic consumption for manufacturing polymers and composites.
MEKP production in Asia Pacific was dominated by countries like China (66% of global capacity), Taiwan (22%) and South Korea(19%). However, India’s MEKP peroxide production witnessed significant growth owing to low raw material prices coupled with easy availability of skilled labor at lower costs than other countries in the region. North America emerged as the second largest regional market followed by Europe on account of high demand for premium grade MEKP products across these regions owing to their enhanced performance properties compared to first grade products.
Growth Factors:
- MEKP is a versatile and powerful oxidant that can be used in a variety of industries, including the automotive, aerospace, and construction industries.
- MEKP is an environmentally friendly product that does not produce harmful emissions or pollutants.
- MEKP is an effective bleaching agent that can be used to remove stains and discoloration from a variety of surfaces.
- MEKP has low toxicity levels and is safe to use in both indoor and outdoor settings.
Scope Of The Report
Report Attributes
Report Details
Report Title
Methyl Ethyl Ketone Peroxide(MEKP) Market Research Report
By Type
First Grade Methyl Ethyl Ketone Peroxide(MEKP), Premium Grade Methyl Ethyl Ketone Peroxide(MEKP), Others
By Application
Polymer Manufacturing, Composite Manufacturing, Others
By Companies
Arkema, Nouryon, Shiv Shakti Catalyst, Redox Pty Ltd, Kawaguchi Chemical, Jacobson Chemicals, Samuh Laxmi Chemicals, Freeman Mfg. & Supply Co., Eastman Chemical Corporation, Luoyang Shuangyue Guhuaji
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Methyl Ethyl Ketone Peroxide(MEKP) Market Report Segments:
The global Methyl Ethyl Ketone Peroxide(MEKP) market is segmented on the basis of:
Types
First Grade Methyl Ethyl Ketone Peroxide(MEKP), Premium Grade Methyl Ethyl Ketone Peroxide(MEKP), Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Polymer Manufacturing, Composite Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arkema
- Nouryon
- Shiv Shakti Catalyst
- Redox Pty Ltd
- Kawaguchi Chemical
- Jacobson Chemicals
- Samuh Laxmi Chemicals
- Freeman Mfg. & Supply Co.
- Eastman Chemical Corporation
- Luoyang Shuangyue Guhuaji
Highlights of The Methyl Ethyl Ketone Peroxide(MEKP) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- First Grade Methyl Ethyl Ketone Peroxide(MEKP)
- Premium Grade Methyl Ethyl Ketone Peroxide(MEKP)
- Others
- By Application:
- Polymer Manufacturing
- Composite Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Methyl Ethyl Ketone Peroxide(MEKP) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Methyl ethyl ketone peroxide is a chemical compound with the formula C2H5O2. It is an oxidizing agent that can be used to clean and disinfect surfaces.
Some of the major players in the methyl ethyl ketone peroxide(mekp) market are Arkema, Nouryon, Shiv Shakti Catalyst, Redox Pty Ltd, Kawaguchi Chemical, Jacobson Chemicals, Samuh Laxmi Chemicals, Freeman Mfg. & Supply Co., Eastman Chemical Corporation, Luoyang Shuangyue Guhuaji.
The methyl ethyl ketone peroxide(mekp) market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Methyl Ethyl Ketone Peroxide(MEKP) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Methyl Ethyl Ketone Peroxide(MEKP) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Methyl Ethyl Ketone Peroxide(MEKP) Market - Supply Chain
4.5. Global Methyl Ethyl Ketone Peroxide(MEKP) Market Forecast
4.5.1. Methyl Ethyl Ketone Peroxide(MEKP) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Methyl Ethyl Ketone Peroxide(MEKP) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Methyl Ethyl Ketone Peroxide(MEKP) Market Absolute $ Opportunity
5. Global Methyl Ethyl Ketone Peroxide(MEKP) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Type
5.3.1. First Grade Methyl Ethyl Ketone Peroxide(MEKP)
5.3.2. Premium Grade Methyl Ethyl Ketone Peroxide(MEKP)
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Methyl Ethyl Ketone Peroxide(MEKP) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Application
6.3.1. Polymer Manufacturing
6.3.2. Composite Manufacturing
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Methyl Ethyl Ketone Peroxide(MEKP) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Methyl Ethyl Ketone Peroxide(MEKP) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Methyl Ethyl Ketone Peroxide(MEKP) Demand Share Forecast, 2019-2026
9. North America Methyl Ethyl Ketone Peroxide(MEKP) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Application
9.4.1. Polymer Manufacturing
9.4.2. Composite Manufacturing
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Type
9.7.1. First Grade Methyl Ethyl Ketone Peroxide(MEKP)
9.7.2. Premium Grade Methyl Ethyl Ketone Peroxide(MEKP)
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Methyl Ethyl Ketone Peroxide(MEKP) Demand Share Forecast, 2019-2026
10. Latin America Methyl Ethyl Ketone Peroxide(MEKP) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Application
10.4.1. Polymer Manufacturing
10.4.2. Composite Manufacturing
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Type
10.7.1. First Grade Methyl Ethyl Ketone Peroxide(MEKP)
10.7.2. Premium Grade Methyl Ethyl Ketone Peroxide(MEKP)
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Methyl Ethyl Ketone Peroxide(MEKP) Demand Share Forecast, 2019-2026
11. Europe Methyl Ethyl Ketone Peroxide(MEKP) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Application
11.4.1. Polymer Manufacturing
11.4.2. Composite Manufacturing
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Type
11.7.1. First Grade Methyl Ethyl Ketone Peroxide(MEKP)
11.7.2. Premium Grade Methyl Ethyl Ketone Peroxide(MEKP)
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Methyl Ethyl Ketone Peroxide(MEKP) Demand Share, 2019-2026
12. Asia Pacific Methyl Ethyl Ketone Peroxide(MEKP) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Application
12.4.1. Polymer Manufacturing
12.4.2. Composite Manufacturing
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Type
12.7.1. First Grade Methyl Ethyl Ketone Peroxide(MEKP)
12.7.2. Premium Grade Methyl Ethyl Ketone Peroxide(MEKP)
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Methyl Ethyl Ketone Peroxide(MEKP) Demand Share, 2019-2026
13. Middle East & Africa Methyl Ethyl Ketone Peroxide(MEKP) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Application
13.4.1. Polymer Manufacturing
13.4.2. Composite Manufacturing
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Methyl Ethyl Ketone Peroxide(MEKP) Market Size and Volume Forecast by Type
13.7.1. First Grade Methyl Ethyl Ketone Peroxide(MEKP)
13.7.2. Premium Grade Methyl Ethyl Ketone Peroxide(MEKP)
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Methyl Ethyl Ketone Peroxide(MEKP) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Methyl Ethyl Ketone Peroxide(MEKP) Market: Market Share Analysis
14.2. Methyl Ethyl Ketone Peroxide(MEKP) Distributors and Customers
14.3. Methyl Ethyl Ketone Peroxide(MEKP) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arkema
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nouryon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shiv Shakti Catalyst
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Redox Pty Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kawaguchi Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jacobson Chemicals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Samuh Laxmi Chemicals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Freeman Mfg. & Supply Co.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Eastman Chemical Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Luoyang Shuangyue Guhuaji
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook