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Diisobutyl Ketone Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020

Report Description

Diisobutyl Ketone (DIBK) is a combustible but stable, colorless liquid with sweet odor. It mixes with organic solvent however, immiscible in water. DIBK has a high boiling point and evaporates slowly. It is obtained as a by-product along with acetone during the production of methyl isobutyl ketone (MIBK).

The growing coatings market is expected to primarily drive the global demand for DIBK in the coming years. Additionally, the rapid expansion of synthetic resins market is also anticipated to aid the growth of the market. However, DIBK frequently faces short supply as it is not produced deliberately but as a by-product of MIBK production process. Development of bio-based feedstock for DIBK can help create more opportunities for DIBK as an environment-friendly product.

DIBK’s advantages include high boiling point, slow evaporation, low density, low emission of volatile organic compounds, no hazardous air pollutants, strong solvency and good viscosity and surface tension reduction in high solids coatings. Owing to the aforementioned benefits DIBK is used as a solvent for coatings consisting synthetic resins such as vinyls, epoxies, acrylics, polyesters and alkyd resins. It is also utilized by pharmaceuticals as an extraction solvent and re-crystallization aid. It is also used as an extraction solvent to remove organic pollutants and as a chemical intermediate for production of diisobutyl carbinol.

The rapidly growing industrial economies in Asia Pacific are expected to be the fastest growing market for DIBK especially for the coatings segment. Asia Pacific is also the largest market for DIBK followed by North America and Europe. Recovering economies in North America and Europe are expected to further aid the market growth.

Some of the key players in the diisobutyl ketone market include Arkema, Carboclor, Celanese, the Dow Chemical Company, Eatsman Chemical Company, Merck Millipore International, Mitsibushi Chemicals, Mitsui Chemicals, Rhodia Brasil, Shell Chemical Company and Parchem Company among others.

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