2-Pyrrolidone Market
2-Pyrrolidone Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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2-Pyrrolidone Market Size and Growth
The 2-Pyrrolidone market is experiencing robust growth, driven by increased demand in pharmaceuticals and agrochemicals. Estimated market size reached approximately $1.5 billion in 2022, with projections suggesting continued expansion due to rising applications in various industries. Regional dynamics highlight strong performance in North America and Asia-Pacific markets. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Mitsubishi Chemical Corporation
◍ Eastman Chemical Company
◍ NKY Pharma
◍ Hefei Tengchao Chemical Material Co
◍ Hefei Evergreen Chemical Industry Co
◍ Hefei TNJ Chemical Industry Co
The 2-Pyrrolidone market features key players like BASF, Mitsubishi Chemical, and Eastman Chemical, focusing on applications in solvents, pharmaceuticals, and polymers. They drive growth through innovation and expanding production capabilities. Sales revenue highlights include:
- BASF: €78 billion (2022)
- Eastman: $10.6 billion (2022)
- Mitsubishi: $13 billion (2022)
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Market Segmentation
By Application
◍ Pesticides Production
◍ Synthetic Resin Production
◍ Polyvalent Alcohol Production
◍ Inks Production
◍ Pharmaceuticals
◍ Others
By Product
◍ High Purity ◍ Low Purity
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Market Growth
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$ X Billion USD
