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Global N-Methyl-2-pyrrolidone (NMP) Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Jul 02, 2025
Length 153 Pages
SKU # BOSS20193508

Description

Report Overview

N-Methyl-2-pyrrolidone (NMP) is a versatile, polar aprotic solvent with high solvency power, thermal stability, and low volatility, widely used in industries such as pharmaceuticals, electronics, petrochemicals, and coatings. It serves as a key component in lithium-ion battery production, agrochemical formulations, and polymer processing due to its ability to dissolve a broad range of organic and inorganic compounds. The market for NMP is driven by increasing demand from the electric vehicle (EV) sector, where it is essential for electrode coating in battery manufacturing, as well as growth in pharmaceuticals and specialty chemicals. However, regulatory restrictions due to its reproductive toxicity and environmental concerns in regions like Europe and North America have prompted the development of alternative solvents, creating both challenges and opportunities for market players. Asia-Pacific dominates consumption, led by China’s booming EV and electronics industries, while manufacturers focus on recycling and bio-based alternatives to comply with sustainability mandates. Pricing trends remain influenced by raw material (e.g., butyrolactone and methylamine) costs and supply-demand dynamics in key applications.

The global N-Methyl-2-pyrrolidone (NMP) market size was estimated at USD 3462.92 million in 2024, exhibiting a CAGR of 5.12% during the forecast period.

This report provides a deep insight into the global N-Methyl-2-pyrrolidone (NMP) market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global N-Methyl-2-pyrrolidone (NMP) Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the N-Methyl-2-pyrrolidone (NMP) market in any manner.

Global N-Methyl-2-pyrrolidone (NMP) Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

BASF

Mitsubishi Chemical

Lyondellbasell

Ashland

Eastman

Synmiway Chemical

MYI Chemical

Yuneng Chemical

Ganzhou Zhongneng

Guangming Chemicals

Ruian Chemical

SNET

CNSG

Market Segmentation (by Type)

Electronic Grade

Pharmaceutical Grade

Industrial Grade

Market Segmentation (by Application)

Electronics

Pharmaceuticals

Paints and Coatings

Petrochemical Processing

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the N-Methyl-2-pyrrolidone (NMP) Market

Overview of the regional outlook of the N-Methyl-2-pyrrolidone (NMP) Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the N-Methyl-2-pyrrolidone (NMP) Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of N-Methyl-2-pyrrolidone (NMP), their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

153 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of N-Methyl-2-pyrrolidone (NMP)
1.2 Key Market Segments
1.2.1 N-Methyl-2-pyrrolidone (NMP) Segment by Type
1.2.2 N-Methyl-2-pyrrolidone (NMP) Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 N-Methyl-2-pyrrolidone (NMP) Market Overview
2.1 Global Market Overview
2.1.1 Global N-Methyl-2-pyrrolidone (NMP) Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global N-Methyl-2-pyrrolidone (NMP) Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 N-Methyl-2-pyrrolidone (NMP) Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global N-Methyl-2-pyrrolidone (NMP) Product Life Cycle
3.3 Global N-Methyl-2-pyrrolidone (NMP) Sales by Manufacturers (2020-2025)
3.4 Global N-Methyl-2-pyrrolidone (NMP) Revenue Market Share by Manufacturers (2020-2025)
3.5 N-Methyl-2-pyrrolidone (NMP) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global N-Methyl-2-pyrrolidone (NMP) Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 N-Methyl-2-pyrrolidone (NMP) Market Competitive Situation and Trends
3.8.1 N-Methyl-2-pyrrolidone (NMP) Market Concentration Rate
3.8.2 Global 5 and 10 Largest N-Methyl-2-pyrrolidone (NMP) Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 N-Methyl-2-pyrrolidone (NMP) Industry Chain Analysis
4.1 N-Methyl-2-pyrrolidone (NMP) Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of N-Methyl-2-pyrrolidone (NMP) Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global N-Methyl-2-pyrrolidone (NMP) Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to N-Methyl-2-pyrrolidone (NMP) Market
5.7 ESG Ratings of Leading Companies
6 N-Methyl-2-pyrrolidone (NMP) Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global N-Methyl-2-pyrrolidone (NMP) Sales Market Share by Type (2020-2025)
6.3 Global N-Methyl-2-pyrrolidone (NMP) Market Size Market Share by Type (2020-2025)
6.4 Global N-Methyl-2-pyrrolidone (NMP) Price by Type (2020-2025)
7 N-Methyl-2-pyrrolidone (NMP) Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global N-Methyl-2-pyrrolidone (NMP) Market Sales by Application (2020-2025)
7.3 Global N-Methyl-2-pyrrolidone (NMP) Market Size (M USD) by Application (2020-2025)
7.4 Global N-Methyl-2-pyrrolidone (NMP) Sales Growth Rate by Application (2020-2025)
8 N-Methyl-2-pyrrolidone (NMP) Market Sales by Region
8.1 Global N-Methyl-2-pyrrolidone (NMP) Sales by Region
8.1.1 Global N-Methyl-2-pyrrolidone (NMP) Sales by Region
8.1.2 Global N-Methyl-2-pyrrolidone (NMP) Sales Market Share by Region
8.2 Global N-Methyl-2-pyrrolidone (NMP) Market Size by Region
8.2.1 Global N-Methyl-2-pyrrolidone (NMP) Market Size by Region
8.2.2 Global N-Methyl-2-pyrrolidone (NMP) Market Size Market Share by Region
8.3 North America
8.3.1 North America N-Methyl-2-pyrrolidone (NMP) Sales by Country
8.3.2 North America N-Methyl-2-pyrrolidone (NMP) Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe N-Methyl-2-pyrrolidone (NMP) Sales by Country
8.4.2 Europe N-Methyl-2-pyrrolidone (NMP) Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific N-Methyl-2-pyrrolidone (NMP) Sales by Region
8.5.2 Asia Pacific N-Methyl-2-pyrrolidone (NMP) Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America N-Methyl-2-pyrrolidone (NMP) Sales by Country
8.6.2 South America N-Methyl-2-pyrrolidone (NMP) Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa N-Methyl-2-pyrrolidone (NMP) Sales by Region
8.7.2 Middle East and Africa N-Methyl-2-pyrrolidone (NMP) Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 N-Methyl-2-pyrrolidone (NMP) Market Production by Region
9.1 Global Production of N-Methyl-2-pyrrolidone (NMP) by Region(2020-2025)
9.2 Global N-Methyl-2-pyrrolidone (NMP) Revenue Market Share by Region (2020-2025)
9.3 Global N-Methyl-2-pyrrolidone (NMP) Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America N-Methyl-2-pyrrolidone (NMP) Production
9.4.1 North America N-Methyl-2-pyrrolidone (NMP) Production Growth Rate (2020-2025)
9.4.2 North America N-Methyl-2-pyrrolidone (NMP) Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe N-Methyl-2-pyrrolidone (NMP) Production
9.5.1 Europe N-Methyl-2-pyrrolidone (NMP) Production Growth Rate (2020-2025)
9.5.2 Europe N-Methyl-2-pyrrolidone (NMP) Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan N-Methyl-2-pyrrolidone (NMP) Production (2020-2025)
9.6.1 Japan N-Methyl-2-pyrrolidone (NMP) Production Growth Rate (2020-2025)
9.6.2 Japan N-Methyl-2-pyrrolidone (NMP) Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China N-Methyl-2-pyrrolidone (NMP) Production (2020-2025)
9.7.1 China N-Methyl-2-pyrrolidone (NMP) Production Growth Rate (2020-2025)
9.7.2 China N-Methyl-2-pyrrolidone (NMP) Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 BASF
10.1.1 BASF Basic Information
10.1.2 BASF N-Methyl-2-pyrrolidone (NMP) Product Overview
10.1.3 BASF N-Methyl-2-pyrrolidone (NMP) Product Market Performance
10.1.4 BASF Business Overview
10.1.5 BASF SWOT Analysis
10.1.6 BASF Recent Developments
10.2 Mitsubishi Chemical
10.2.1 Mitsubishi Chemical Basic Information
10.2.2 Mitsubishi Chemical N-Methyl-2-pyrrolidone (NMP) Product Overview
10.2.3 Mitsubishi Chemical N-Methyl-2-pyrrolidone (NMP) Product Market Performance
10.2.4 Mitsubishi Chemical Business Overview
10.2.5 Mitsubishi Chemical SWOT Analysis
10.2.6 Mitsubishi Chemical Recent Developments
10.3 Lyondellbasell
10.3.1 Lyondellbasell Basic Information
10.3.2 Lyondellbasell N-Methyl-2-pyrrolidone (NMP) Product Overview
10.3.3 Lyondellbasell N-Methyl-2-pyrrolidone (NMP) Product Market Performance
10.3.4 Lyondellbasell Business Overview
10.3.5 Lyondellbasell SWOT Analysis
10.3.6 Lyondellbasell Recent Developments
10.4 Ashland
10.4.1 Ashland Basic Information
10.4.2 Ashland N-Methyl-2-pyrrolidone (NMP) Product Overview
10.4.3 Ashland N-Methyl-2-pyrrolidone (NMP) Product Market Performance
10.4.4 Ashland Business Overview
10.4.5 Ashland Recent Developments
10.5 Eastman
10.5.1 Eastman Basic Information
10.5.2 Eastman N-Methyl-2-pyrrolidone (NMP) Product Overview
10.5.3 Eastman N-Methyl-2-pyrrolidone (NMP) Product Market Performance
10.5.4 Eastman Business Overview
10.5.5 Eastman Recent Developments
10.6 Synmiway Chemical
10.6.1 Synmiway Chemical Basic Information
10.6.2 Synmiway Chemical N-Methyl-2-pyrrolidone (NMP) Product Overview
10.6.3 Synmiway Chemical N-Methyl-2-pyrrolidone (NMP) Product Market Performance
10.6.4 Synmiway Chemical Business Overview
10.6.5 Synmiway Chemical Recent Developments
10.7 MYI Chemical
10.7.1 MYI Chemical Basic Information
10.7.2 MYI Chemical N-Methyl-2-pyrrolidone (NMP) Product Overview
10.7.3 MYI Chemical N-Methyl-2-pyrrolidone (NMP) Product Market Performance
10.7.4 MYI Chemical Business Overview
10.7.5 MYI Chemical Recent Developments
10.8 Yuneng Chemical
10.8.1 Yuneng Chemical Basic Information
10.8.2 Yuneng Chemical N-Methyl-2-pyrrolidone (NMP) Product Overview
10.8.3 Yuneng Chemical N-Methyl-2-pyrrolidone (NMP) Product Market Performance
10.8.4 Yuneng Chemical Business Overview
10.8.5 Yuneng Chemical Recent Developments
10.9 Ganzhou Zhongneng
10.9.1 Ganzhou Zhongneng Basic Information
10.9.2 Ganzhou Zhongneng N-Methyl-2-pyrrolidone (NMP) Product Overview
10.9.3 Ganzhou Zhongneng N-Methyl-2-pyrrolidone (NMP) Product Market Performance
10.9.4 Ganzhou Zhongneng Business Overview
10.9.5 Ganzhou Zhongneng Recent Developments
10.10 Guangming Chemicals
10.10.1 Guangming Chemicals Basic Information
10.10.2 Guangming Chemicals N-Methyl-2-pyrrolidone (NMP) Product Overview
10.10.3 Guangming Chemicals N-Methyl-2-pyrrolidone (NMP) Product Market Performance
10.10.4 Guangming Chemicals Business Overview
10.10.5 Guangming Chemicals Recent Developments
10.11 Ruian Chemical
10.11.1 Ruian Chemical Basic Information
10.11.2 Ruian Chemical N-Methyl-2-pyrrolidone (NMP) Product Overview
10.11.3 Ruian Chemical N-Methyl-2-pyrrolidone (NMP) Product Market Performance
10.11.4 Ruian Chemical Business Overview
10.11.5 Ruian Chemical Recent Developments
10.12 SNET
10.12.1 SNET Basic Information
10.12.2 SNET N-Methyl-2-pyrrolidone (NMP) Product Overview
10.12.3 SNET N-Methyl-2-pyrrolidone (NMP) Product Market Performance
10.12.4 SNET Business Overview
10.12.5 SNET Recent Developments
10.13 CNSG
10.13.1 CNSG Basic Information
10.13.2 CNSG N-Methyl-2-pyrrolidone (NMP) Product Overview
10.13.3 CNSG N-Methyl-2-pyrrolidone (NMP) Product Market Performance
10.13.4 CNSG Business Overview
10.13.5 CNSG Recent Developments
11 N-Methyl-2-pyrrolidone (NMP) Market Forecast by Region
11.1 Global N-Methyl-2-pyrrolidone (NMP) Market Size Forecast
11.2 Global N-Methyl-2-pyrrolidone (NMP) Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe N-Methyl-2-pyrrolidone (NMP) Market Size Forecast by Country
11.2.3 Asia Pacific N-Methyl-2-pyrrolidone (NMP) Market Size Forecast by Region
11.2.4 South America N-Methyl-2-pyrrolidone (NMP) Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of N-Methyl-2-pyrrolidone (NMP) by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global N-Methyl-2-pyrrolidone (NMP) Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of N-Methyl-2-pyrrolidone (NMP) by Type (2026-2033)
12.1.2 Global N-Methyl-2-pyrrolidone (NMP) Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of N-Methyl-2-pyrrolidone (NMP) by Type (2026-2033)
12.2 Global N-Methyl-2-pyrrolidone (NMP) Market Forecast by Application (2026-2033)
12.2.1 Global N-Methyl-2-pyrrolidone (NMP) Sales (K Units) Forecast by Application
12.2.2 Global N-Methyl-2-pyrrolidone (NMP) Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
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