The report offers detailed coverage of N-Methyl-2-Pyrrolidone industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading N-Methyl-2-Pyrrolidone by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
N-Methyl-2-pyrrolidone (NMP) is an important polar solvent with strong selectivity and stability. It is a colorless oily liquid and has slight amine odor, which can be soluble in water, alcohols, ethers, esters, ketones, halogenated hydrocarbons, aromatics and castor oil.
Manufacturers have developed a new technique to produce N-methyl-2-pyrrolidone due to the growing concerns about the depletion of fossil fuels and non-renewable resources. The cyclization of gamma-aminobutyric acid (GABA) to 2-pyrrolidone and subsequent methylation of 2-pyrrolidone with methanol to N-methyl-2-pyrrolidone helps in the production of bio-based N-methyl-2-pyrrolidone. The adoption of the green pathway for producing N-methyl-2-pyrrolidone is identified as one of the key trends that will gain traction in the N-methyl-2-pyrrolidone market.
Moreover, the demand for N-methyl-2-pyrrolidone is increasing due to growth in the automotive industry as N-methyl-2-pyrrolidone is extensively used in batteries and circuits. The rising adoption rate of electric vehicles in developing countries such as China and India will further boost the demand for N-methyl-2-pyrrolidone.
The report forecast global N-Methyl-2-Pyrrolidone market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global N-Methyl-2-Pyrrolidone market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify N-Methyl-2-Pyrrolidone according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
Key Companies
BASF
Mitsubishi Chemical
Londellbasell
Ashland
Dupont
Eastman
Changxin Chemical
MYI Chemical
Yuneng Chemical
Rida Bio-Technology
Guangming Chemicals
Ruian Chemical
Jinlong Chemical
Market by Order Type
Electronic Grade
Pharmaceutical Grade
Industrial Grade
Market by Application
Electronics
Pharmaceuticals
Paints and Coatings
Petrochemical Processing
Others