Global Methyl Isobutyl Ketone Market to be Led by Paints & Coatings Industry through 2032
According to ChemAnalyst report, “ Global Methyl Isobutyl Ketone (MIBK) Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-Use, Sales Channel, Regional Demand, Foreign Trade, Company Share, Manufacturing Process, and Policy and Regulatory Landscape, 2015-2032,” the market for methyl isobutyl ketone is likely to reach 663 thousand tons by 2032 at an impressive CAGR of 3.36% during the forecast period. Colorless and mildly scented, MIBK is a versatile liquid widely used in various industries due to its remarkable solvent properties, minimal evaporation, and stability. The MIBK market is a dynamic segment of the chemical industry, functioning as a versatile solvent in various sectors from paints to electronics. Despite facing challenges related to regulations and sustainability, the market offers growth opportunities through innovation and adaptability. Staying responsive to regulations and consumer preferen...