Methypyrrolidone (NMP) is a chemical compound that is used as a solvent in the production of polymers, paints and coatings, and in the processing of petrochemicals. It is also used as an intermediate for pharmaceuticals. The global methypyrrolidone market was valued at USD 1.5 billion in 2018 and is projected to reach USD 2.2 billion by 2030, growing at a CAGR of 3.8% from 2019 to 2030. The segment of electronic grade holds a comparatively larger share in global market, which accounts for about 64%.
The electronic holds an important share in terms of applications, and accounts for 64% of the market share. North America dominates the global methypyrrolidone market with over 50% revenue share followed by Europe with about 30%. Asia Pacific region has been witnessing significant growth due to increasing demand from China and India coupled with rapid industrialization across emerging economies such as Indonesia, Malaysia, Thailand etc, which are expected to drive regional growth during the forecast period from 2021-2030.
N-Methyl-2-pyrrolidone (NMP) is a solvent that is used in the production of polyurethane, paints, and coatings. It is also used as a solvent for dyes and pigments.
Industry Growth Insights published a new data on “N-Methyl-2-pyrrolidone (NMP) Market”. The research report is titled “N-Methyl-2-pyrrolidone (NMP) Market research by Types (Electronic Grade, Pharmaceutical Grade, Industrial Grade, The segment of electronic grade holds a comparatively larger share in global market, which accounts for about 64%.), By Applications (Electronics, Pharmaceuticals, Paints and Coatings, Petrochemical Processing, Others, The electronic holds an important share in terms of applications, and accounts for 64% of the market share.), By Players/Companies BASF, Mitsubishi Chemical, Londellbasell, Ashland, Eastman, Synmiway Chemical, MYI Chemical, Yuneng Chemical, Ganzhou Zhongneng, Guangming Chemicals, Ruian Chemical, SNET, CNSG”.
Scope Of The Report
Report Attributes
Report Details
Report Title
N-Methyl-2-pyrrolidone (NMP) Market Research Report
By Type
Electronic Grade, Pharmaceutical Grade, Industrial Grade, The segment of electronic grade holds a comparatively larger share in global market, which accounts for about 64%.
By Application
Electronics, Pharmaceuticals, Paints and Coatings, Petrochemical Processing, Others, The electronic holds an important share in terms of applications, and accounts for 64% of the market share.
By Companies
BASF, Mitsubishi Chemical, Londellbasell, Ashland, Eastman, Synmiway Chemical, MYI Chemical, Yuneng Chemical, Ganzhou Zhongneng, Guangming Chemicals, Ruian Chemical, SNET, CNSG
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global N-Methyl-2-pyrrolidone (NMP) Market Report Segments:
The global N-Methyl-2-pyrrolidone (NMP) market is segmented on the basis of:
Types
Electronic Grade, Pharmaceutical Grade, Industrial Grade, The segment of electronic grade holds a comparatively larger share in global market, which accounts for about 64%.
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
Electronics, Pharmaceuticals, Paints and Coatings, Petrochemical Processing, Others, The electronic holds an important share in terms of applications, and accounts for 64% of the market share.
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
- Mitsubishi Chemical
- Londellbasell
- Ashland
- Eastman
- Synmiway Chemical
- MYI Chemical
- Yuneng Chemical
- Ganzhou Zhongneng
- Guangming Chemicals
- Ruian Chemical
- SNET
- CNSG
 Market Overview.svg)
Highlights of The N-Methyl-2-pyrrolidone (NMP) 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:
- Electronic Grade
- Pharmaceutical Grade
- Industrial Grade
- The segment of electronic grade holds a comparatively larger share in global market, which accounts for about 64%.
- By Application:
- Electronics
- Pharmaceuticals
- Paints and Coatings
- Petrochemical Processing
- Others
- The electronic holds an important share in terms of applications, and accounts for 64% of the market share.
- 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 N-Methyl-2-pyrrolidone (NMP) 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
NMP is a solvent and a common industrial chemical. It is used in the production of plastics, coatings, adhesives, and other materials.
Some of the major players in the n-methyl-2-pyrrolidone (nmp) market are BASF, Mitsubishi Chemical, Londellbasell, Ashland, Eastman, Synmiway Chemical, MYI Chemical, Yuneng Chemical, Ganzhou Zhongneng, Guangming Chemicals, Ruian Chemical, SNET, CNSG.
The n-methyl-2-pyrrolidone (nmp) market is expected to register a CAGR of 3.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. N-Methyl-2-pyrrolidone (NMP) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. N-Methyl-2-pyrrolidone (NMP) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. N-Methyl-2-pyrrolidone (NMP) Market - Supply Chain
4.5. Global N-Methyl-2-pyrrolidone (NMP) Market Forecast
4.5.1. N-Methyl-2-pyrrolidone (NMP) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. N-Methyl-2-pyrrolidone (NMP) Market Size (000 Units) and Y-o-Y Growth
4.5.3. N-Methyl-2-pyrrolidone (NMP) Market Absolute $ Opportunity
5. Global N-Methyl-2-pyrrolidone (NMP) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Type
5.3.1. Electronic Grade
5.3.2. Pharmaceutical Grade
5.3.3. Industrial Grade
5.3.4. The segment of electronic grade holds a comparatively larger share in global market, which accounts for about 64%.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global N-Methyl-2-pyrrolidone (NMP) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Application
6.3.1. Electronics
6.3.2. Pharmaceuticals
6.3.3. Paints and Coatings
6.3.4. Petrochemical Processing
6.3.5. Others
6.3.6. The electronic holds an important share in terms of applications, and accounts for 64% of the market share.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global N-Methyl-2-pyrrolidone (NMP) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global N-Methyl-2-pyrrolidone (NMP) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global N-Methyl-2-pyrrolidone (NMP) Demand Share Forecast, 2019-2026
9. North America N-Methyl-2-pyrrolidone (NMP) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Application
9.4.1. Electronics
9.4.2. Pharmaceuticals
9.4.3. Paints and Coatings
9.4.4. Petrochemical Processing
9.4.5. Others
9.4.6. The electronic holds an important share in terms of applications, and accounts for 64% of the market share.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Type
9.7.1. Electronic Grade
9.7.2. Pharmaceutical Grade
9.7.3. Industrial Grade
9.7.4. The segment of electronic grade holds a comparatively larger share in global market, which accounts for about 64%.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America N-Methyl-2-pyrrolidone (NMP) Demand Share Forecast, 2019-2026
10. Latin America N-Methyl-2-pyrrolidone (NMP) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Application
10.4.1. Electronics
10.4.2. Pharmaceuticals
10.4.3. Paints and Coatings
10.4.4. Petrochemical Processing
10.4.5. Others
10.4.6. The electronic holds an important share in terms of applications, and accounts for 64% of the market share.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Type
10.7.1. Electronic Grade
10.7.2. Pharmaceutical Grade
10.7.3. Industrial Grade
10.7.4. The segment of electronic grade holds a comparatively larger share in global market, which accounts for about 64%.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America N-Methyl-2-pyrrolidone (NMP) Demand Share Forecast, 2019-2026
11. Europe N-Methyl-2-pyrrolidone (NMP) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Application
11.4.1. Electronics
11.4.2. Pharmaceuticals
11.4.3. Paints and Coatings
11.4.4. Petrochemical Processing
11.4.5. Others
11.4.6. The electronic holds an important share in terms of applications, and accounts for 64% of the market share.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Type
11.7.1. Electronic Grade
11.7.2. Pharmaceutical Grade
11.7.3. Industrial Grade
11.7.4. The segment of electronic grade holds a comparatively larger share in global market, which accounts for about 64%.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe N-Methyl-2-pyrrolidone (NMP) Demand Share, 2019-2026
12. Asia Pacific N-Methyl-2-pyrrolidone (NMP) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Application
12.4.1. Electronics
12.4.2. Pharmaceuticals
12.4.3. Paints and Coatings
12.4.4. Petrochemical Processing
12.4.5. Others
12.4.6. The electronic holds an important share in terms of applications, and accounts for 64% of the market share.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Type
12.7.1. Electronic Grade
12.7.2. Pharmaceutical Grade
12.7.3. Industrial Grade
12.7.4. The segment of electronic grade holds a comparatively larger share in global market, which accounts for about 64%.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific N-Methyl-2-pyrrolidone (NMP) Demand Share, 2019-2026
13. Middle East & Africa N-Methyl-2-pyrrolidone (NMP) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa N-Methyl-2-pyrrolidone (NMP) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Application
13.4.1. Electronics
13.4.2. Pharmaceuticals
13.4.3. Paints and Coatings
13.4.4. Petrochemical Processing
13.4.5. Others
13.4.6. The electronic holds an important share in terms of applications, and accounts for 64% of the market share.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa N-Methyl-2-pyrrolidone (NMP) Market Size and Volume Forecast by Type
13.7.1. Electronic Grade
13.7.2. Pharmaceutical Grade
13.7.3. Industrial Grade
13.7.4. The segment of electronic grade holds a comparatively larger share in global market, which accounts for about 64%.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa N-Methyl-2-pyrrolidone (NMP) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global N-Methyl-2-pyrrolidone (NMP) Market: Market Share Analysis
14.2. N-Methyl-2-pyrrolidone (NMP) Distributors and Customers
14.3. N-Methyl-2-pyrrolidone (NMP) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mitsubishi Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Londellbasell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ashland
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eastman
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Synmiway Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MYI Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yuneng Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ganzhou Zhongneng
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Guangming Chemicals
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ruian Chemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SNET
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. CNSG
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
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