Global Methyl Isoamyl Ketone (MIAK) Market Insights and Forecast to 2028

MIAK (Methyl Isoamyl Ketone) has high solvent activity, slow evaporation rate, low density, low surface tension, and a high boiling point. These properties make MIAK a very good solvent for high-solids coatings. Because regulations limit the weight of solvent per gallon of coating, formulators favor the use of low-density solvents that help reduce the VOC content of a coating. MIAK is lower in density than ester, aromatic hydrocarbons, and glycol ether solvents with similar evaporation rates. The low density and high activity of MIAK are significant advantages when formulating low-viscosity, high-solids coatings. In addition, MIAK is useful as a polymerization solvent for high solids acrylic resins.
Market Analysis and Insights: Global Methyl Isoamyl Ketone (MIAK) Market
Due to the COVID-19 pandemic, the global Methyl Isoamyl Ketone (MIAK) market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, ≥ 99% accounting for % of the Methyl Isoamyl Ketone (MIAK) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Paints & Coatings segment is altered to an % CAGR throughout this forecast period.
China Methyl Isoamyl Ketone (MIAK) market size is valued at US$ million in 2021, while the US and Europe Methyl Isoamyl Ketone (MIAK) are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Methyl Isoamyl Ketone (MIAK) landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Methyl Isoamyl Ketone (MIAK) include Eastman and Xinhua Chemical etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Methyl Isoamyl Ketone (MIAK) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Methyl Isoamyl Ketone (MIAK) by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Methyl Isoamyl Ketone (MIAK) Scope and Segment
Methyl Isoamyl Ketone (MIAK) market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Methyl Isoamyl Ketone (MIAK) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
≥ 99%
＜ 99%
Segment by Application
Paints & Coatings
Process Solvents
Automotive
Other
By Company
Eastman
Xinhua Chemical
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E