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Global N-Methyl-2-pyrrolidone Market is expected to reach 1290 million USD by 2025 – QY Research


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QYResearch is a leading market research publisher which pursuits high product quality with the belief that quality is the soul of business and consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience.

This report studies the global N-Methyl-2-pyrrolidone (NMP) industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.

This report studies the N-Methyl-2-pyrrolidone (NMP) market, 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.

In this report, we research on electronic grade NMP, pharmaceutical grade NMP, industrial grade NMP, etc. However, the reagent NMP is not included in this report.

The N-Methyl-2-pyrrolidone (NMP) industry has strong technical barriers and high industry concentration. The top 5 manufacturers accounted for 50.2% share in 2017. The manufacturers are concentrated in China, United States, Europe and Japan. BASF is the largest producer in the world and the production reached 58231 MT in 2017. China is the largest manufacture region and the hare accounted for 43.55% in 2015. The N-Methyl-2-pyrrolidone (NMP) industry has a faster growth rate and there are some manufacturers go into operation in the recent years.

The manufacture shares of United States, Europe and Japan were 15.52%, 20.53% and 6.58%.

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China is the main import region and Europe is the main export region in 2015. The consumption shares of China, Europe, United States , Japan and Korea were 39.23%, 16.78%, 16.9% ,9.79% and 7.7%.

The global N-Methyl-2-pyrrolidone (NMP) market is valued at 860 million USD in 2017 and is expected to reach 1290 million USD by the end of 2025, growing at a CAGR of 5.2% between 2018 and 2025.

This research report categorizes the China and global N-Methyl-2-pyrrolidone (NMP) market by type, end-use industry, and region.

International Manufacturers Covered

    BASF

    Mitsubishi Chemical

    Londellbasell

    Ashland

    Dupont

    Eastman

    ...

China Local Manufacturers Covered

    Changxin Chemical

    MYI Chemical

    Yuneng Chemical

    Rida Bio-Technology

    Guangming Chemicals

    Ruian Chemical

    Jinlong Chemical

    ...

 

By Type

    Electronic Grade

    Pharmaceutical Grade

    Industrial Grade

 

By Application

    Electronics

    Pharmaceuticals

    Paints and Coatings

    Petrochemical Processing

    Others

 

By Region

    United States

    Europe

    Japan

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