Global N-Methyl Pyrrolidone Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global N-Methyl Pyrrolidone Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global N-Methyl Pyrrolidone market size was valued at USD 2746.3 million in 2023 and is forecast to a readjusted size of USD 4163.5 million by 2030 with a CAGR of 6.1% 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, paints and coatings, petrochemical processing and others.

The N-Methyl-2-pyrrolidone (NMP) industry has strong technical barriers and high industry concentration. The top 5 manufacturers include BASF, Yuneng Chemical, Synmiway Chemical, MYI Chemical and SNET, accounted for 50% share.China is the largest market, with a share about 70%, followed by North America with the share about 15%.In terms of product, electronic grade is the largest segment, with a share over 80%. And in terms of application, the largest application is electronics, followed by petrochemical processing.

The Global Info Research report includes an overview of the development of the N-Methyl Pyrrolidone industry chain, the market status of Petrochemicals (Electronic Grade, Pharmaceutical Grade), Electronics (Electronic Grade, Pharmaceutical Grade), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of N-Methyl Pyrrolidone.

Regionally, the report analyzes the N-Methyl Pyrrolidone markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global N-Methyl Pyrrolidone market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the N-Methyl Pyrrolidone market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the N-Methyl Pyrrolidone industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Electronic Grade, Pharmaceutical Grade).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the N-Methyl Pyrrolidone market.

Regional Analysis: The report involves examining the N-Methyl Pyrrolidone market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the N-Methyl Pyrrolidone market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to N-Methyl Pyrrolidone:

Company Analysis: Report covers individual N-Methyl Pyrrolidone manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards N-Methyl Pyrrolidone This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Petrochemicals, Electronics).

Technology Analysis: Report covers specific technologies relevant to N-Methyl Pyrrolidone. It assesses the current state, advancements, and potential future developments in N-Methyl Pyrrolidone areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the N-Methyl Pyrrolidone market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

N-Methyl Pyrrolidone market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Electronic Grade
Pharmaceutical Grade
Industrial Grade
Others

Market segment by Application
Petrochemicals
Electronics
Paints & Coatings
Agrochemicals
Pharmaceuticals
Others

Major players covered
BASF
Ashland
LyondellBasell
Mitsubishi Chemical
Dupont
Eastman
Shandong Qingyun Changxin
Puyang MYJ
Binzhou Yuneng
Puyang Guangming
Zhejiang Realsun
Taizhou Yanling
Nanjing Jinlong

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 N-Methyl Pyrrolidone product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of N-Methyl Pyrrolidone, with price, sales, revenue and global market share of N-Methyl Pyrrolidone from 2019 to 2024.

Chapter 3, the N-Methyl Pyrrolidone competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the N-Methyl Pyrrolidone breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

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 2017 to 2023.and N-Methyl Pyrrolidone market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

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 N-Methyl Pyrrolidone.

Chapter 14 and 15, to describe N-Methyl Pyrrolidone sales channel, distributors, customers, research findings and conclusion.