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N - Methyl Pyrrolidone (NMP) Market Analysis-Industry Specific Opportunities and Trends Affecting the Growth

11-14-2022 08:27 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Global Insight Services

N - Methyl Pyrrolidone (NMP) Market Analysis-Industry Specific

New York, Global N - Methyl Pyrrolidone (NMP) Market report from Global Insight Services is the single authoritative source of intelligence on N - Methyl Pyrrolidone (NMP) Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Read more about N - Methyl Pyrrolidone (NMP) Market here: https://www.globalinsightservices.com/reports/n-methyl-pyrrolidone-nmp-market/

NMP is a clear, colorless liquid with a characteristic odor. It is miscible with water and most organic solvents. NMP is used as a solvent in a variety of applications including paints and coatings, adhesives and sealants, inks and toners, and electronics. It is also used as an extraction solvent in the pharmaceutical and food industries.

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Key Trends

The key trends in N-methyl pyrrolidone (NMP) technology are miniaturization, portability, and user-friendliness. The NMP technology is becoming increasingly portable, with smaller and more compact devices that are easy to carry and use.

The trend is also towards more user-friendly devices, with simpler controls and easier-to-use interfaces. In addition, the trend is towards more affordable devices, as the cost of NMP technology continues to decline.

Key Drivers

The key drivers of the N-methyl pyrrolidone (NMP) market include its low cost, low toxicity, and high solvency. NMP is used as a solvent in a variety of industries, including paints and coatings, adhesives and sealants, and inks and toners.

It is also used as a extraction solvent in the pharmaceutical industry. NMP is a colorless liquid with a low boiling point and a high flash point. It is miscible with water and has a high solvency power for a variety of organic and inorganic compounds. NMP is classified as a flammable liquid and should be stored in a cool, dry, well-ventilated area.

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Market Segments

The N - Methyl Pyrrolidone (NMP) Market is segmented by grade, application, and region. By grade, the market is divided into standard, electronics and pharmaceutical. Based on application, it is bifurcated into petrochemical processing, paints and coatings, industrial cleaners, electronics, agrochemicals, and pharmaceutical. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The N - Methyl Pyrrolidone (NMP) Market includes players such as BASF SE, LyondellBasell Industries NV, Ashland Inc., Eastman Chemical Company, Balaji Amines, Mitsubishi Chemical Corporation, Hefei TNJ Chemical Industry Co. Ltd., Shandong Qingyun Changxin Chemical Science-Tech Co., Ltd. ,Zejiang Realsun Chemical Co. Ltd. and Puyang Guangming Chemicals Co. Ltd.

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- 10-year forecast to help you make strategic decisions
- In-depth segmentation which can be customized as per your requirements
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About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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