ICIS publishes Methyl isobutyl ketone (MIBK) reports weekly in Asia, Europe and the US. News and analysis puts the market in focus and keeps you up-to-date in order to make vital commercial decisions.
The price assessments cover spot in all regions, with contract prices in the US only. Our detailed commentary gives you an unbiased overview of market movements, including regional news, import/export information, upstream/downstream news, graphs and economic impacts.
Methyl isobutyl ketone Overview Transcript
MIBK is methyl isobutyl ketone. It is a solvent that is derived from acetone and other chemicals. It goes into a wide range of applications from consumer goods and pesticides, pharmaceuticals to industrial uses such as the production of paints, rubber products and machinery.
Some of the household products containing MIBK include things like surface cleaners, laundry starch, spray paint, shoe polish, varnish and so on.
The big commercial applications would be in the paints and coatings sector so the housing and construction industries and automobile sectors are really quite important to MIBK demand. In the last couple of years, those areas have not been doing so well. So, we consider MIBK to be a fairly mature market
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Methyl isobutyl ketone: Market overview
Updated to Q2 2016
Demand in Asia is likely to be supported by increased manufacturing activities, as the spring weather is conducive for production and downstream usage. Stocking up activities pre- and post-festivities are expected, including Thailand’s New Year on 13-15 April, and Ramadan in June. Producers have indicated their preference to manufacture feedstock acetone which yields higher margins than IPA, resulting in tightened supply of the latter.
The outlook in Europe is changeable due to varying feedstock and demand trends. In the short term, a firmer market is expected due to upward trends in feedstock propylene, combined with the stronger season for the downstream paints and coatings industries. The long-term outlook is more uncertain due to uncertain and volatile conditions in the upstream crude oil market.
Producers in the US methyl isobutyl ketone (MIBK) market are seeking increases entering second quarter, but there is sentiment that they may get only a portion of the higher prices sought for April although upstream costs for propylene and acetone have risen.
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Methyl Isobutyl Ketone Methodology
About Methyl isobutyl ketone
Methyl isobutyl ketone (MIBK) is an excellent solvent for resins used in the production of surface coatings. The main solvent applications are in transportation, refurnishing and marine coatings, construction coatings, wood coatings and metal coatings.
MIBK is also used in rubber chemicals for the production of tyres, as a solvent in the manufacture of pharmaceuticals and adhesives, and for specialised metallurgical extraction.
The two main processes for making MIBK are from acetone condensation and isopropanol (IPA).
MIBK is a colourless liquid with a characteristic ketone odour. It is highly flammable and vapours may travel to the source of ignition and flashback.