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 Q3 2014
In the US, the methyl isobutyl ketone (MIBK) market is expected to remain quiet over the next few months, as sources indicated flat demand. MIBK prices, after seeing a decrease at the start of the quarter, are expected to remain stable. An increase in feedstock propylene could put pressure on prices, but that is unlikely.
In Asia, the MIBK market could pick up amid a slower start at the start of the quarter. Northeast Asian sellers were optimistic that MIK prices would gain ground on the back of increases in feedstock prices. The firmer prices might be moderated by an increase in supply owing to the start-up of a new plant and higher operating rates of existing plants in China. The weaker demand in southeast Asia is expected to persist until August.
In Europe, MIBK is somewhat long, a factor likely to put downward pressure on prices. Low demand is expected to continue. However, the recent upward trend in feedstock prices could change things. In addition, a producer is planning a shutdown, which may tighten supply.
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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.