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.
Global N-Methyl-2-Pyrrolidone market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for N-Methyl-2-Pyrrolidone.
This report researches the worldwide N-Methyl-2-Pyrrolidone market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global N-Methyl-2-Pyrrolidone breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
BASF
Mitsubishi Chemical
Londellbasell
Ashland
Dupont
Eastman
Changxin Chemical
MYI Chemical
Yuneng Chemical
Rida Bio-Technology
Guangming Chemicals
Ruian Chemical
Jinlong Chemical
N-Methyl-2-Pyrrolidone Breakdown Data by Type
Electronic Grade
Pharmaceutical Grade
Industrial Grade
N-Methyl-2-Pyrrolidone Breakdown Data by Application
Electronics
Pharmaceuticals
Paints and Coatings
Petrochemical Processing
Others
N-Methyl-2-Pyrrolidone Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
N-Methyl-2-Pyrrolidone Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global N-Methyl-2-Pyrrolidone capacity, production, value, consumption, status and forecast;
To focus on the key N-Methyl-2-Pyrrolidone manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of N-Methyl-2-Pyrrolidone :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on N-Methyl-2-Pyrrolidone . Industry analysis & Market Report on N-Methyl-2-Pyrrolidone is a syndicated market report, published as Global N-Methyl-2-Pyrrolidone Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of N-Methyl-2-Pyrrolidone market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.