Analysis of Butanone
Definition of Butanone Industry
Butanone, also known as methyl ethyl ketone and MEK. Butanone is an excellent organic solvent with excellent solubility and dryness. Its solubility is as good as that of acetone, and it has the advantages of high boiling point and low vapor pressure. Butanone is widely used in the coating industry. Initially, its market prospect is very good, and it is considered as an environmentally-friendly solvent that can replace acetone and benzene solvents. However, an earthquake in 2011 had led to a huge change in the butanone industry, which had a great impact on the application of butanone, especially the application of butanone in coating industry.
As the global development of butanone decelerates, China has the biggest output of butanone. As for the development of the global butanone industry: Since the industrial production of butanone was realized in 1960s, its output has been increasing with a steady average annual growth rate of 5%-10%. By the end of 2016, the global production capacity of butanone reached more than 1,500,000 tons per year.
However, with the development and application of new coatings in the developed countries and regions like the United States, Japan and Europe, which include the development and application of new low solvent high solid content coatings, radiation curable coatings, water-based coatings and powder coatings, the demand for butanone in these areas has begun to shrink. In addition to China, the global production capacity of butanone has basically stagnated in recent years.