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Global N-Methyl-2-Pyrrolidone Market 2018-2022

Global N-Methyl-2-Pyrrolidone Market 2018-2022

About N-Methyl-2-Pyrrolidone

N-Methyl-2-pyrrolidone, also known as N-methylpyrrolidone or 1-methyl-2- pyrrolidone is a polar aprotic solvent with low viscosity. It is organic, a colorless aprotic solvent having high solvency and higher flame point. It is obtained by the condensation of gamma-butyrolactone and monomethylamine.

Technavio’s analysts forecast the global N-methyl-2-pyrrolidone market to grow at a CAGR of 5.40 % during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global N-methyl-2-pyrrolidone market for 2018-2022. To calculate the market size, the report considers the revenue generated from the N-methyl-2-pyrrolidone.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global N-Methyl-2-Pyrrolidone Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ashland
  • BASF
  • Eastman Chemical Company
  • DowDuPont
  • LyondellBasell Industries Holdings
  • Mitsubishi Chemical Corporation
Market driver
  • High demand from APAC
  • For a full, detailed list, view our report
Market challenge
  • Toxic effects pertaining to the use of N-methyl-2-pyrrolidone
  • For a full, detailed list, view our report
Market trend
  • Green pathway for producing N-methyl-2-pyrrolidone
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global N-Methyl-2-Pyrrolidone Market 2018-2022

Technavio recognizes the following companies as the key players in the global N-methyl-2-pyrrolidone market: Ashland, BASF, Eastman Chemical Company, DowDuPont, LyondellBasell Industries Holdings, and Mitsubishi Chemical Corporation

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Green pathway for producing N-methyl-2-pyrrolidone. Currently used N-methyl-2-pyrrolidone has been dependent on the fossil resources. With the increased concern for the depletion of fossil fuels and non-renewable resources, a new pathway has been developed to produce N-methyl-2-pyrrolidone. Bio-based N-methyl-2-pyrrolidone is produced by the cyclization of gamma-aminobutyric acid (GABA) to 2-pyrrolidone and subsequent methylation of 2- pyrrolidone with methanol to N-methyl-2-pyrrolidone. GABA used in the production is obtained from glutamic acid. Glutamic acid is an amino acid that can be extracted from plant proteins. In the procedure to obtain N-methyl-2-pyrrolidone, methanol acted as a methylating agent and ammonium bromide, a halogen salt, acted as a catalyst.”

According to the report, one of the major drivers for this market is High demand from APAC. The N-methyl-2-pyrrolidone market in APAC is witnessing high growth. Owing to the rapid industrialization in countries such as China, India, Indonesia, and Vietnam, the region is growing at the fastest rate. The N-methyl-2-pyrrolidone market, despite adverse environmental effects, is driven by the macroeconomic factors such as rising gross domestic product (GDP), increasing middle-class population, rising per capita income, and growing end-use industries. In APAC region, the high demand for Nmethyl-2-pyrrolidone is attributed to the growing pharmaceutical, paints and coatings, and electronics industry.

Further, the report states that one of the major factors hindering the growth of this market is Toxic effects pertaining to the use of N-methyl-2-pyrrolidone. The use of N-methyl-2-pyrrolidone in oil and gas, agrochemicals, pharmaceuticals, electronics, paints and coatings has been known to have some severe toxic effects. As it is known to be a volatile and widely used solvent in various applications, it may enter the environment as emissions. Also, the Nmethyl-2-pyrrolidone is a mobile compound in soil. Therefore, leaching from landfills is a possible route for contamination of groundwater. This substance can be easily absorbed into the body through the skin and by inhalation.

Companies Mentioned

Ashland, BASF, Eastman Chemical Company, DowDuPont, LyondellBasell Industries Holdings, and Mitsubishi Chemical Corporation

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Global aprotic solvents market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition: Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Global N-methyl-2-pyrrolidone market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global N-methyl-2-pyrrolidone market: Market size and forecast 2017-2022 ($ mn)
      • Table Global N-methyl-2-pyrrolidone market: Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition: Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application: Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Oil and gas: Market size and forecast 2017-2022
      • Table Oil and gas: Market size and forecast 2017-2022 ($ mn)
      • Table Oil and gas: Year-over-year growth 2018-2022 (%)
    • Pharmaceuticals: Market size and forecast 2017- 2022
      • Table Pharmaceuticals: Market size and forecast 2017-2022 ($ mn)
      • Table Pharmaceuticals: Year-over-year growth 2018-2022 (%)
    • Electronics: Market size and forecast 2017-2022
      • Table Electronics: Market size and forecast 2017-2022 ($ mn)
      • Table Electronics: Year-over-year growth 2018-2022 (%)
    • Paints and coatings: Market size and forecast 2017-2022
      • Table Paints and coatings: Market size and forecast 2017-2022 ($ mn)
      • Table Paints and coatings: Year-over-year growth 2018-2022 (%)
    • Agrochemicals: Market size and forecast 2017- 2022
      • Table Agrochemicals: Market size and forecast 2017-2022 ($ mn)
      • Table Agrochemicals: Year-over-year growth 2018-2022 (%)
    • Others: Market size and forecast 2017-2022
      • Table Others: Market size and forecast 2017-2022 ($ mn)
      • Table Others: Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global N-methyl-2-pyrrolidone market: Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC: Market size and forecast 2017-2022
      • Table APAC: Market size and forecast 2017-2022 ($ mn)
      • Table APAC: Year-over-year growth 2018-2022 (%)
    • EMEA: Market size and forecast 2017-2022
      • Table EMEA: Market size and forecast 2017-2022 ($ mn)
      • Table EMEA: Year-over-year growth 2018-2022 (%)
    • Americas: Market size and forecast 2017-2022
      • Table Americas: Market size and forecast 2017-2022 ($ mn)
      • Table Americas: Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Green pathway for producing N-methyl-2- pyrrolidone
    • Shift toward soy-based solvents
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
    • Key market vendors
      • Table Key vendors in the global N-methyl-2-pyrrolidone market
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Ashland
      • Table Vendor overview
      • Table Ashland: Business segments
      • Table Ashland: Organizational developments
      • Table Ashland: Geographic focus
      • Table Ashland: Segment focus
      • Table Ashland: Key offerings
    • BASF
      • Table Vendor overview
      • Table BASF: Business segments
      • Table BASF: Organizational developments
      • Table BASF: Geographic focus
      • Table BASF: Segment focus
      • Table BASF: Key offerings
    • Eastman Chemical Company
      • Table Vendor overview
      • Table Eastman Chemical Company: Business segments
      • Table Eastman Chemical Company: Organizational developments
      • Table Eastman Chemical Company: Geographic focus
      • Table Eastman Chemical Company: Segment focus
      • Table Eastman Chemical Company: Key offerings
    • DowDuPont
      • Table Vendor overview
      • Table DowDuPont: Business segments
      • Table DowDuPont: Organizational developments
      • Table DowDuPont: Geographic focus
      • Table DowDuPont: Segment focus
      • Table DowDuPont: Key offerings
    • LyondellBasell Industries Holdings
      • Table Vendor overview
      • Table LyondellBasell Industries Holdings: Business segments
      • Table LyondellBasell Industries Holdings: Organizational developments
      • Table LyondellBasell Industries Holdings: Geographic focus
      • Table LyondellBasell Industries Holdings: Segment focus
      • Table LyondellBasell Industries Holdings: Key offerings
    • Mitsubishi Chemical Corporation
      • Table Vendor overview
      • Table Mitsubishi Chemical Corporation: Business segments
      • Table Mitsubishi Chemical Corporation: Organizational developments
      • Table Mitsubishi Chemical Corporation: Geographic focus
      • Table Mitsubishi Chemical Corporation: Segment focus
      • Table Mitsubishi Chemical Corporation: Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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