N-methylpyrrolidone
(NMP) (CAS 87250-4) Market
N-methyl-pyrrolidone (NMP) (CAS 872-50-4) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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N-methyl-pyrrolidone (NMP) (CAS 872-50-4) Market
Size and Growth
The N-methyl-pyrrolidone (NMP) market is experiencing robust growth due to increasing demand in pharmaceuticals, agrochemicals, and electronics. As of 2023, the global market size is estimated to reach approximately $1.5 billion, with a projected CAGR of 6% over the next five years, driven by innovation and production advances. Request Sample Report
Companies Covered (Covid 19 Impact Covered)
◍ BASF (Germany)
◍ Mitsubishi Chemical (Japan)
◍ Londellbasell (Netherlands)
◍ Ashland (US)
◍ Dupont (US)
◍ Eastman (US)
◍ Changxin Chemical (China)
◍ MYI Chemical (China)
◍ Ruian Chemical (China)
◍ Yuneng Chemical (China)
◍ Rida Bio-Technology (China)
◍ Guangming Chemicals (China)
◍ Jinlong Chemical (China)
The N-methyl-pyrrolidone (NMP) market features key players like BASF, Mitsubishi Chemical, and Ashland, focusing on applications in pharmaceuticals, electronics, and coatings. These companies drive market growth through innovation, expanding production capacities, and increasing efficiency. Sales figures vary, with BASF reporting around $80 billion and DuPont approximately $20 billion in revenue.
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Market Segmentation
By Application
◍ Electronics
◍ Pharmaceuticals
◍ Paints and Coatings
◍ Petrochemical Processing
◍ Other
By Product
◍ Electronic Grade
General Grade
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Market Growth
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$ X Billion USD
