N-Methyl-2-Pyrrolidone Market, By Application (Electronics, Petrochemical Processing, Agrochemicals, Pharmaceuticals, Paints & coatings, Industrial cleaners, Others), By Region (North America, Europe, Asia Pacific, Middle East & Africa, Latin America) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
N-Methyl-2-Pyrrolidone has a wide range of applications in a range of industries such as, pharmaceuticals, industrial cleaning, electronics, agrochemicals, and paints & coatings, petrochemical. N-Methyl-2-Pyrrolidone is characterized by high flame point and low volatility. N-Methyl-2-Pyrrolidone is also used in manufacturing of magnetic wire coatings which is expected to fuel the market growth over the next few years.
Market Dynamics
The global N-methyl-2-pyrrolidone market has witnessed significant growth in recent past years, owing to the rise in growth of electronics industry in emerging economies. N-methyl-2-pyrrolidone is primarily used for mixing of water with oils. In addition to this, increasing implementation of strict regulations regarding fossil fuel-based vehicles for controlling emissions of carbon dioxide. Surge in the production of electric vehicles has led to provide lucrative growth to the global N-methyl-2-pyrrolidone market over the forecast period.
Major players in the global N-methyl-2-pyrrolidone market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends various end-user industries such as petrochemical, paints & coatings electronics, pharmaceuticals. This scenario is expected to fuel the market during the forecast period.
Key features of the study:
This report provides in-depth analysis of global N-methyl-2-pyrrolidone market size (US$ Million and Thousand Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global N-methyl-2-pyrrolidone market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes BASF SE, LyondellBasell Industries N.V., Ashland Inc., Shandong Qingyun Changxin Chemical Science-Tech Co., Ltd.,Hefei TNJ Chemical Industry Co., Ltd., Puyang Guangming Chemicals Co., Ltd., Zhejiang Realsun Chemical Industry Co., Ltd., Abtonsmart Chemical Co. Ltd., and Balaji Amines Limited
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Product Type up-gradation, market expansion, and marketing tactics
The global N-methyl-2-pyrrolidone market report caters to various stakeholders in this industry including investors, suppliers, global N-methyl-2-pyrrolidone manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global N-methyl-2-pyrrolidone market
Detailed Segmentation:
Global N-Methyl-2-Pyrrolidone Market, By Application:
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Global N-Methyl-2-Pyrrolidone Market, By Region:
North America
U.S.
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Canada
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Mexico
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
South America
Brazil
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Rest of Latin America
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Europe
France
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Germany
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
U.K.
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Russia
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Benelux
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Nordic
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Rest of Europe
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Asia Pacific
China
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Japan
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Australia & New Zealand
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
India
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Rest of the Asia-pacific
By Application
Small
Medium
Large
Very Large
Canada
Middle East & Africa
GCC
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
South Africa
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Rest of Middle East & Africa
By Application
Electronics
Petrochemical Processing
Agrochemicals
Pharmaceuticals
Paints & coatings
Industrial cleaners
Others
Company Profiles
BASF SE*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Lyondell Basell Industries N.V.
Ashland Inc.
Shandong Qingyun Changxin Chemical Science-Tech Co., Ltd.
Hefei TNJ Chemical Industry Co., Ltd
Puyang Guangming Chemicals Co., Ltd.
Zhejiang Realsun Chemical Industry Co., Ltd.
Abtonsmart Chemical Co. Ltd
Balaji Amines Limited
“*” marked represents similar segmentation in other categories in the respective section.
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