Market Overview:
The global 1-ethyl-2-pyrrolidone market is expected to register a CAGR of 5.8% during the forecast period, 2018–2030. The growth in the market can be attributed to the increasing demand for 1-ethyl-2-pyrrolidone from various applications, such as electronics, coatings and paints, medical devices and others. Asia Pacific is expected to witness highest growth during the forecast period owing to growing demand from countries such as China and India.
Product Definition:
1-Ethyl-2-pyrrolidone is a colorless liquid with an ammonia odor. It is soluble in water and polar organic solvents. 1-Ethyl-2-pyrrolidone has low toxicity and is used as a solvent, degreaser, and intermediate in the manufacture of pharmaceuticals, plastics, agrochemicals, and other chemicals.
Ordinary Grade:
Ordinary grade 1-ethyl-2-pyrrolidone is a colorless liquid with a mild odor. It is soluble in water and ethanol. This product has applications as an intermediate in the production of chemicals, pharmaceuticals, agrochemicals, cosmetics and flavors & fragrances. Owing to its low toxicity nature it can be used as an active ingredient for drugs intended for human consumption without posing any risk to consumers.
Industrial Grade:
Industrial grade is a high purity chemical and it is used as an intermediate in the production of chemicals such as 1-ethyl-2-pyrrolidone, which has applications in pharmaceuticals, agrochemicals, cosmetics and other industries. It also finds application as a solvent for polymers.
The global industrial grade market size was valued at USD 830 million in 2016.
Application Insights:
Electronic grade was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Electronic grade 1-ethyl-2-pyrrolidone is used for manufacturing semiconductor components, such as capacitors and resistors. Increasing demand for electronic devices, especially in emerging economies of Asia Pacific and Latin America is expected to drive the market growth over the forecast period.
1-Ethyl-2-pyrrolidone has wide applications across several industries including coatings & paints, medical, electronics & semiconductors, food processing and paper manufacturing among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for electronic products and growing medical sector in the region. The presence of key manufacturers such as Wacker Chemie AG, BASF SE, and Eastman Chemical Co., in the region will also have a positive impact on market growth over the forecast period.
North America was estimated as one of the largest markets for 1-ethyl-2-pyrrolidone with more than 30% volume share in 2017 due to high demand from coatings & paints application segment. In addition, rising number of chemical manufacturing companies coupled with easy availability of raw materials will further boost regional product consumption over next eight years.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, pharmaceuticals, and agrochemicals
- Rising production of 1-ethyl-2-pyrrolidone in China and other Asian countries
- Growing use of 1-ethyl-2-pyrrolidone as a solvent in the production of pharmaceuticals and agrochemicals
- Increasing investment by players in the R&D of new applications for 1-ethyl-2 pyrrolidone
- Expansion of global trade in 1 - ethyl - 2 - pyrrolidone
Scope Of The Report
Report Attributes
Report Details
Report Title
1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market Research Report
By Type
Ordinary Grade, Industrial Grade, Electronic Grade, Reagent Grade
By Application
Electronic, Coatings and Paints, Medical, Daily Chemicals, Others
By Companies
BASF, Ashland, Eastman, Zhejiang Wansheng, Sankyo Chemical, Zhejiang Realsun Chemical, Anhui Jinao Chemical, MYJ Chemical, Hengxiang Chemical, Shiny Chemical Industrial, Scale Chemical Corporation, Puyang Guangming Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market Report Segments:
The global 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) market is segmented on the basis of:
Types
Ordinary Grade, Industrial Grade, Electronic Grade, Reagent Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic, Coatings and Paints, Medical, Daily Chemicals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Ashland
- Eastman
- Zhejiang Wansheng
- Sankyo Chemical
- Zhejiang Realsun Chemical
- Anhui Jinao Chemical
- MYJ Chemical
- Hengxiang Chemical
- Shiny Chemical Industrial
- Scale Chemical Corporation
- Puyang Guangming Chemical
Highlights of The 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ordinary Grade
- Industrial Grade
- Electronic Grade
- Reagent Grade
- By Application:
- Electronic
- Coatings and Paints
- Medical
- Daily Chemicals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
1-Ethyl-2-Pyrrolidone is a colorless liquid with a sweet odor. It is used as a solvent, inks, and coatings.
Some of the major players in the 1-ethyl-2-pyrrolidone(cas:2687-91-4) market are BASF, Ashland, Eastman, Zhejiang Wansheng, Sankyo Chemical, Zhejiang Realsun Chemical, Anhui Jinao Chemical, MYJ Chemical, Hengxiang Chemical, Shiny Chemical Industrial, Scale Chemical Corporation, Puyang Guangming Chemical.
The 1-ethyl-2-pyrrolidone(cas:2687-91-4) market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market Size & Forecast, 2020-2028 4.5.1 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market Size and Y-o-Y Growth 4.5.2 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Ordinary Grade
5.2.2 Industrial Grade
5.2.3 Electronic Grade
5.2.4 Reagent Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronic
6.2.2 Coatings and Paints
6.2.3 Medical
6.2.4 Daily Chemicals
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Ordinary Grade
9.6.2 Industrial Grade
9.6.3 Electronic Grade
9.6.4 Reagent Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronic
9.10.2 Coatings and Paints
9.10.3 Medical
9.10.4 Daily Chemicals
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Ordinary Grade
10.6.2 Industrial Grade
10.6.3 Electronic Grade
10.6.4 Reagent Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronic
10.10.2 Coatings and Paints
10.10.3 Medical
10.10.4 Daily Chemicals
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Ordinary Grade
11.6.2 Industrial Grade
11.6.3 Electronic Grade
11.6.4 Reagent Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronic
11.10.2 Coatings and Paints
11.10.3 Medical
11.10.4 Daily Chemicals
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Ordinary Grade
12.6.2 Industrial Grade
12.6.3 Electronic Grade
12.6.4 Reagent Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronic
12.10.2 Coatings and Paints
12.10.3 Medical
12.10.4 Daily Chemicals
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Ordinary Grade
13.6.2 Industrial Grade
13.6.3 Electronic Grade
13.6.4 Reagent Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronic
13.10.2 Coatings and Paints
13.10.3 Medical
13.10.4 Daily Chemicals
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market: Competitive Dashboard
14.2 Global 1-Ethyl-2-Pyrrolidone(CAS:2687-91-4) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Ashland
14.3.3 Eastman
14.3.4 Zhejiang Wansheng
14.3.5 Sankyo Chemical
14.3.6 Zhejiang Realsun Chemical
14.3.7 Anhui Jinao Chemical
14.3.8 MYJ Chemical
14.3.9 Hengxiang Chemical
14.3.10 Shiny Chemical Industrial
14.3.11 Scale Chemical Corporation
14.3.12 Puyang Guangming Chemical