Product Code: ETC093585 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Methyl ethyl ketone or MEK has been widely used over the years due to its low boiling point; it can be found in many industries including paint formulations, chemical synthesis processes and adhesives manufacturing.In 2025 the total volume produced by Malaysia was approximately 700 kilo tons with a value of USD 20 Million.
The methyl ethyl ketone (MEK) market in Malaysia is anticipated to witness moderate growth due to the demand from various end-user industries, including paints and coatings, adhesives, and chemical processing. MEK is widely used as a solvent and a chemical intermediate. The expanding paints and coatings industry and the need for efficient solvents will drive the demand for MEK. Moreover, the growing use of adhesives in various sectors will further contribute to market growth. However, market growth may be affected by the presence of stringent regulations on VOC emissions and the availability of alternative solvents.
The methyl ethyl ketone (MEK) market in Malaysia encounters specific challenges that may impact its growth and demand. One of the significant challenges is the competition from other solvents and chemicals used in various industries, including paints, coatings, and adhesives. MEK is a widely used solvent, but there may be alternative solvents that can meet the same requirements. Additionally, the fluctuating prices of raw materials, such as n-butanol and propylene, can impact the production cost and pricing for MEK. Moreover, the need for environmental-friendly solvents and regulations on volatile organic compounds (VOCs) can affect the industry`s operations. To overcome these challenges, the industry needs to focus on product diversification, explore new applications, and invest in research and development for sustainable solvent solutions.
The Mehtyl ethyl market could have been influenced by the performance of industries like coatings, adhesives, and chemical manufacturing. Reduced demand from these sectors during the pandemic might have affected the market.
The Malaysia methyl ethyl ketone (MEK) market is highly competitive with a number of key players competing for market share. Major players in the MEK market include ExxonMobil, Shell, Petronas, Croda International Plc and AkzoNobel. These companies have extensive resources to research and develop innovative products that will appeal to customers in the region. Other local manufacturers are also present in the Malaysia MEK market such as Pintaras Jaya Berhad (PJB), Celestica and Masteel Industries Sdn Bhd.