N Methyl 2 Pyrrolidone Market Key Manufacturing Base and Forecast by 2014 - 2023

Competitive Insights:
The leading players in the market are BASF, Puyang Guangming Chemicals Co Ltd, Abtonsmart Chemical (Group) Co Ltd, Shandong Qingyun Changxin Chemical Science-Tech Co Ltd, LyondellBasell, Zhejiang Realsun Chemical Industry Co Ltd, Hefei TNJ Chemical Industry Co Ltd, BALAJI AMINES LTD and Ashland Inc. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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The N-Methyl-2-Pyrrolidone (NMP) Market is segmented as follows-

By Application:Petrochemical processing
Pharmaceuticals
Industrial cleaners
Electronics
Agrochemicals
Paints and coatings
Others

Industry Outlook and Trend Analysis:
The N-Methyl-2-Pyrrolidone (NMP) Market was worth USD 0.48 billion in 2014 and is expected to reach approximately USD 0.85 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.59% during the forecast period.

N-Methyl-2-pyrrolidone (NMP) is a natural compound comprising of a 5-membered lactam. It is a colourless fluid, although polluted samples can seem yellow. It is miscible with water and with most common natural solvents. It belongs to the group of dipolar aprotic solvents, for example, dimethylformamide and dimethyl sulfoxide. It is used as a part of the petrochemical and plastics enterprises as a dissolvable, abusing its nonvolatility and capacity to break up assorted materials. NMP is made industrially by an average ester-to-amide transformation, by treating butyrolactone with methylamine.

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Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
4.1.North America (United States, Canada and Mexico)
4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.3.Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.4.South America (Brazil, Argentina, Columbia and Rest of South America)
4.5.Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
5.N-Methyl-2-Pyrrolidone (NMP) Market, By Application5.1.Introduction
5.2.Global N-Methyl-2-Pyrrolidone (NMP) Sales, Revenue and Market Share by Application (2014-2018)
5.3.Pharmaceuticals
5.4.Petrochemical processing
5.5.Paints and coatings
5.6.Agrochemicals
5.7.Industrial cleaners
5.8.Electronics
5.9.Other Applications
To be Continued...

Regional Outlook and Trend Analysis:The NMP market is anticipated to witness the significant development in APAC, enrolling a solid CAGR over the forecast period. This provincial market is foreseen to record the greatest consumption of NMP all around, overwhelming the market with very nearly 40% income share. This development is fundamentally determined by the rising rate of urbanization, industrialization, and framework improvement in rising economies inside the Asia Pacific district, trailed by moderately bring down generation costs. The NMP market in North America will remain the second biggest market with a tremendous CAGR over the forecast period.

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