Global GLB and NMP Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global GLB and NMP Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global GLB and NMP market size was valued at US$ 1120 million in 2024 and is forecast to a readjusted size of USD 2175 million by 2031 with a CAGR of 10.1% during review period.

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.

NMP has the advantages of low toxicity, high boiling point, high solubility, etc.

NMP has wide applications in electronics, pharmaceuticals, Chemical, petrochemical processing and others.

γ-Butyrolactone (GBL) is a hygroscopic colorless, water-miscible liquid with a weak characteristic odor. It is the simplest 4-carbon lactone. It is mainly used as an intermediate in the production of other chemicals, e.g. methyl-2-pyrrolidone.

Global GLB and NMP key players include Synmiway Chemical, BASF, Yuneng Chemical, etc. Global top three manufacturers hold a share over 50%.

Asia-Pacific is the largest market, with a share about 75%, followed by Europe, and North America, both have a share over 15 percent.

In terms of product, NMP is the largest segment, with a share over 85%. And in terms of application, the largest application is Electronics, followed by Pharmaceuticals, etc.

This report is a detailed and comprehensive analysis for global GLB and NMP market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global GLB and NMP market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/Ton), 2020-2031

Global GLB and NMP market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/Ton), 2020-2031

Global GLB and NMP market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/Ton), 2020-2031

Global GLB and NMP market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/Ton), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for GLB and NMP

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global GLB and NMP market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, Mitsubishi Chemical, Londellbasell, Ashland, Eastman, Synmiway Chemical, MYI Chemical, Yuneng Chemical, Ganzhou Zhongneng, Guangming Chemicals, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

GLB and NMP market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
GBL
NMP

Market segment by Application
Electronics
Pharmaceuticals
Chemical
Others

Major players covered
BASF
Mitsubishi Chemical
Londellbasell
Ashland
Eastman
Synmiway Chemical
MYI Chemical
Yuneng Chemical
Ganzhou Zhongneng
Guangming Chemicals
Ruian Chemical

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe GLB and NMP product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of GLB and NMP, with price, sales quantity, revenue, and global market share of GLB and NMP from 2020 to 2025.

Chapter 3, the GLB and NMP competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the GLB and NMP breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and GLB and NMP market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of GLB and NMP.

Chapter 14 and 15, to describe GLB and NMP sales channel, distributors, customers, research findings and conclusion.