Western and northern India lead the consumption of MIBK, accounting for nearly the entire domestic consumption of the country. MIBK is used primarily in the paint and coatings industry which fuel a major share of the growth of MIBK in the country.

RIL was the only company producing MIBK in the country, but discontinued production in its 7,000 tons per annum Thane plant in 2006. Since the termination of production of MIBK in the country in 2006-2007, the entire domestic demand is met through imports. Even though lack of production facilities deters growth, MIBK has recorded steady increase in production since 2001, progressing solely on the basis of imports. Particularly in the last 6 years, demand for MIBK has grown substantially recording an annual compounded growth rate of over 10%. The current environment is conducive for demand to grow exponentially in the next few years.

With rapidly increasing demand for rubber antioxidants with superior quality and for making coatings with high solid content, both the production and the consumption of MIBK has shifted to Asia and mainland China. Some applications such as anti-ozonants are moving more rapidly to Asia, particularly China where several capacity additions have come on-stream in the past three years. MIBK consumption for anti-ozonants is forecasted to grow substantially compared to the growth in the United States and Europe. MIBK is, therefore, expected to experience positive growth in lube oil applications and as a froth flotation agent, especially in actively mined regions. Strongest growth will be in Asia, and particularly China. Indian demand is also set to keep pace.

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