Press release
Comprehensive Overview Of The N-Methyl-2-Pyrrolidone (NMP) Market: Size Analysis, Key Trends, Growth Prospects, And Forecast For The Period 2023-2032: BASF SE, LyondellBasell Industries Holdings B.V, Ashland Inc., Eastman Chemical Company, Mitsubishi Chem
N-Methyl-2-Pyrrolidone (NMP) Market
The Business Research Company's N-Methyl-2-Pyrrolidone (NMP) Global Market Report 2023 the increasing demand from the oil and gas industries as the major driver for the n-methyl-2-pyrrolidone (NMP) market's growth in the forecast period. The oil and gas industry refers to the industries that are involved in the processes and systems of producing and distributing oil and gas that are capital-intensive, highly complex, and require state-of-the-art technology. NMP is used in the oil and gas industry to re-refining the lubricating oil, helping in improving the viscosity index and oil performance, and also responsible for improving oil efficiency and solvent extraction. For instance, according to the report published by the International Energy Agency(IEA), a France-based inter-governmental organization, shaping energy policies for a secure & sustainable future, in 2021, global oil consumption is anticipated to increase to 104.1 mb/d (millions of barrels per day) by 2026.
The global N-methyl-2-pyrrolidone (NMP) market size is expected to grow from $0.98 billion in 2022 to $1.05 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The N-methyl-2-pyrrolidone (NMP) market is expected to reach $1.34 billion in 2027 at a CAGR of 6.3%.
Download Free Sample Of N-Methyl-2-Pyrrolidone (NMP) Market Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8456&type=smp
Major competitors in the n-methyl-2-pyrrolidone (NMP) market are BASF SE, LyondellBasell Industries Holdings B.V, Ashland Inc., Eastman Chemical Company, Mitsubishi Chemical Corporation, Hefei Tengchao Chemical Material Co. Ltd., Shandong Qingyun Changxin Chemical Science-tech Co. Ltd., Zhejiang Realsun Chemical Co. Ltd., Puyang Guangming Chemicals Co. Ltd.
A key trend in the n-methyl-2-pyrrolidone (NMP) market includes increasing demand for electric vehicles. N-Methyl-2-Pyrrolidone is used as an auxiliary material in the preparation of lithium batteries, thereby increasing the demand for N-Methyl-2-Pyrrolidone. For example, according to the International Renewable Energy Agency, a United Arab Emirates-based renewable and sustainable energy intergovernmental organization, the number of electric passenger cars is expected to reach 200 million by 2030 and light-duty vehicles and electric buses are expected to reach 10 million by 2030.
Read More On The Global N-Methyl-2-Pyrrolidone (NMP) Market Report Here:
https://www.thebusinessresearchcompany.com/report/n-methyl-2-pyrrolidone-nmp-global-market-report
The n-methyl-2-pyrrolidone (NMP) market is segmented -
• By Type: Recycled, Fresh
• By Purity: 99.90%, 99.50%, Other Purities
• By End-Use: Paints And Coatings, Electronics, Automotive, Chemicals, Pharmaceuticals, Agrochemicals, Other End-Uses
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the n-methyl-2-pyrrolidone (NMP) market.
The Business Research Company's "Global N-Methyl-2-Pyrrolidone (NMP) Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The N-Methyl-2-Pyrrolidone (NMP) Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8456
The Table Of Content For The N-Methyl-2-Pyrrolidone (NMP) Market Include:
1. Executive Summary
2. N-Methyl-2-Pyrrolidone (NMP) Market Characteristics
3. N-Methyl-2-Pyrrolidone (NMP) Market Trends And Strategies
4. N-Methyl-2-Pyrrolidone (NMP) Market - Macro Economic Scenario
5. N-Methyl-2-Pyrrolidone (NMP) Market Size And Growth
……………
27. N-Methyl-2-Pyrrolidone (NMP) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The N-Methyl-2-Pyrrolidone (NMP) Market
29. N-Methyl-2-Pyrrolidone (NMP) Market Future Outlook And Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Comprehensive Overview Of The N-Methyl-2-Pyrrolidone (NMP) Market: Size Analysis, Key Trends, Growth Prospects, And Forecast For The Period 2023-2032: BASF SE, LyondellBasell Industries Holdings B.V, Ashland Inc., Eastman Chemical Company, Mitsubishi Chem here
News-ID: 3149417 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for NMP
NMP Recycling Service Research:CAGR of 10.0% during the forecast period
QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "NMP Solvent Recycling Service- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few…
N-Methyl-2-pyrrolidone (NMP) Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the N-Methyl-2-pyrrolidone (NMP) market analysis, which studies the N-Methyl-2-pyrrolidone (NMP)'s industry coverage, current market competitive status, and market outlook and forecast by 2025.
Global “N-Methyl-2-pyrrolidone (NMP) Market 2020-2025” Research Report categorizes the global N-Methyl-2-pyrrolidone (NMP) market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth…
N-Methyl-2-pyrrolidone (NMP) Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the N-Methyl-2-pyrrolidone (NMP) market analysis, which studies the N-Methyl-2-pyrrolidone (NMP)'s industry coverage, current market competitive status, and market outlook and forecast by 2025.
Global “N-Methyl-2-pyrrolidone (NMP) Market 2019-2024” Research Report categorizes the global N-Methyl-2-pyrrolidone (NMP) market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth rate, opportunities and trends,…
N-Methyl Piperazine (NMP) Market: Competitive Dynamics & Global Outlook 2024
LP INFORMATION offers a latest published report on N-Methyl Piperazine (NMP) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the N-Methyl Piperazine (NMP) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019.…
N-Methyl-2-pyrrolidone (NMP) Market Forecast by 2025: QY Research
This study focuses on the production side and consumption side of Solar Cell Metal Paste, presents the global N-Methyl-2-pyrrolidone (NMP) market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the N-Methyl-2-pyrrolidone (NMP) capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption…
NMP-REG @ 8th NRW Nano Conference
North Rhine-Westphalia’s leading role in the fields of nanotechnology and materials science is clearly demonstrated at the biennially organised NRW Nano Conference, the most important nanotechnology event in Germany. The focus of the last event, which took place in Dortmund from 21-22 November 2018, was extended from nanotechnology to the topic of “Innovations in Materials and Applications” taking into account current developments in industry and science. International keynotes and plenary…
