Methyl isobutyl ketone Prices, markets & analysis
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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 Q1 2015
Methyl isobutyl ketone (MIBK) prices are on a downtrend following an availability-related price spike in Q4 2014, with sources saying the market is likely to gradually come back into balance. Feedstock acetone is steadily decreasing in price because of the collapse in upstream crude oil, which is likely to create some downward pressure on MIBK.
Asian prices are expected to be weak, on the back of the persistent plunges in upstream acetone and crude prices. Higher supply following the commercial production of a domestic plant in China in late December is expected to weigh on prices further. While some producers hope for price rebounds during stocking up pre- and post-Lunar New Year in February, most market players expect prices to be low in tandem with the upstream performances.
The US MIBK market is expected to be flat-to-declining over the next three months. If the price of feedstock propylene continues to decline, MIBK prices could also see decreases as well. However, even if propylene stabilises, it is possible MIBK could still see decreases because many in the market are moving away from using MIBK and towards using butyl acetate (butac).
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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.