N-Methyl-2-Pyrrolidone Market - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

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 (2020 – 2027), considering 2019 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
• By Country
• U.S.
• Canada
• Latin America
• By Country
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Europe
• By Country
• Germany
• U.K.
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• By Country
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East
• By Country
• GCC
• Israel
• Rest of Middle East
• Africa
• By Country/Region
• South Africa
• Central Africa
• North Africa

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.