MIBK has recorded steady growth in consumption, progressing solely on the basis of imports. Particularly in the last few years, domestic demand has grown substantially and recorded an annual compounded growth rate of over 10%. Prices are modulated by international fluctuations as the market is entirely dependent on imports.
- Contact Us
Major source countries include South Africa, Korea and Japan. Domestic production has been non-existent for the last seven years as the manufacturers have been unable to compete against cheap imports.
In India, MIBK is used a solvent in dissolving resins used in paints, inks, lacquers, and other types of surface coatings. MIBK is a Food and Drug Administration (FDA) approved indirect food additive for adhesives, paper and paperboard and polymers. It is also employed in rare-metal extraction as a solvent for metal separation, and is consumed in the manufacture of lube oil additives.
Speak to our experts for more information. Our advisories are targeted towards bringing you exclusive market intelligence and updates. We understand the MIBK sector better than anyone else, and our insights are sought after by the biggest names in the industry.
- Monthly Highlights
- Market Snapshot
- Price Analysis
- Import/Export Trends
- Production-Demand Dynamics
- End User/Manufacturer Updates
- Plant Updates
- Monthly Emails to client
- Complementary yearly Report (updated)
- Fresh Offer prices
- Ex-work price changes
- Bulk price movements
- Retail price changes in major cities
- Port price trends
- Daily Emails
- News Alerts - SMS/Whats App Alerts
- Price trends
- Username & password for unlimited
- access to IPG database
- Unlimited access to proprietary price database
Full Time Analyst Support
- Talk to our scouts, analysts and market experts
Office : 011-41007347