Global 2-Pyrrolidinone market cagr 8.6%

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2-Pyrrolidinone Market

2-Pyrrolidinone Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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2-Pyrrolidinone Market Size and Growth

The 2-Pyrrolidinone market is projected to experience significant growth, driven by its applications in pharmaceuticals, agrochemicals, and solvents. As of 2023, the market size is estimated at approximately $300 million, with a compound annual growth rate (CAGR) of 5.5% expected over the next five years due to increasing demand across sectors. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Prasol Chemicals Limited

◍ MYJ Chemical

◍ Binzhou City Zhanhua District Ruian Chemical

The 2-Pyrrolidinone market features key players like Prasol Chemicals, MYJ Chemical, and Hefei Evergreen Chemical, which utilize 2-Pyrrolidinone in various applications such as pharmaceuticals and solvents. These companies drive market growth through innovation and increased production capacity. Sales revenue figures for a few companies include:

◍ Shanghai Yuking Water Soluble Material

◍ Hefei Evergreen Chemicl Industry

◍ Anhui Keqi Chemical

◍ Anhui Wotu Chemical

◍ Crystal Clear New Energy Technology

- Prasol Chemicals: $50 million

- MYJ Chemical: $20 million

- Hefei Evergreen Chemical: $15 million Request Sample Report

Market Segmentation

By Application

By Product

99% Purity ◍ Organic Synthesis ◍ Industrial Solvent ◍ Dye Industry ◍ Pharmaceutical Industry ◍ Other

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98% Purity

Market Growth

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$ X Billion USD

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