Press release
N-Methyl-2-Pyrrolidone (NMP) Global Market Report 2024 To 2033 | LyondellBasell Industries NV, Mitsubishi Chemical Group Corporation, BASF SE, Eastman Chemical Company, Ashland
N-Methyl-2-Pyrrolidone (NMP) Market Share
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=8456&type=smp
According to The Business Research Company's, The n-methyl-2-pyrrolidone (nmp) market size has grown strongly in recent years. It will grow from $1.04 billion in 2023 to $1.12 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to increased demand for lithium-ion batteries, and increased demand of electronic products.
The n-methyl-2-pyrrolidone (nmp) market size is expected to see strong growth in the next few years. It will grow to $1.47 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to increasing demand from the pharmaceutical industry, increasing demand for electric vehicles, and rapid urbanization. Major trends in the forecast period include increasing demand from the pharmaceutical industry, increasing demand for electric vehicles, and rapid urbanization.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/n-methyl-2-pyrrolidone-nmp-global-market-report
Market Drivers and Trends:
Increasing demand from the oil and gas industries is expected to boost the growth of the N-Methyl-2-Pyrrolidone (NMP) market going forward. 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-refine 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. Therefore an increase in demand from the oil & gas Industry is driving the growth of the N-Methyl-2-Pyrrolidone (NMP) market.
Increasing demand from the pharmaceutical industry is expected to drive the growth of the N-methyl-2-pyrrolidone market during the forecast period. N-Methyl-2-Pyrrolidone is used in the pharmaceutical industry as an intermediate and to enhance the solubility of poorly soluble drugs. The compound is expected to experience significant growth in the coming years, driven by its diverse applications in various industries, including the pharmaceutical industry. According to Mint, an Indian business and financial daily newspaper, during FY18 to FY23, the Indian pharmaceutical industry logged a compound annual growth rate (CAGR) of 6-8%, primarily driven by an 8% increase in exports and a 6% rise in the domestic market. Therefore, increasing demand from the pharmaceutical industry will propel the growth of the N-methyl-2-pyrrolidone market.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Motorola, HP, Zebra Technologies, Honeywell International Inc., Advantech, Datalogic, Janam Technologies, Handheld Group, JLT Mobile Computers, Opticon Sensors Europe B.V., AsiaTek Computer, Tata Consultancy Services, Infosys, HCL Technologies, Tech Mahindra, Samsung, Atlassian, REA Group, Hitachi, Sony, Huawei, Lenovo, Xiaomi, Oppo, Vivo, ZTE, TCL, Haier, Hisense, Meizu, Apple Inc, Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Xiaomi Corporation, Dell Technologies Inc, Sony Corporation, AsusTek Computer Inc, LG Electronics Inc, Toshiba Corporation, Yandex, Mobile TeleSystems, Prestigio, Micromax, Allview, Fly, Explay, General Mobile, Texet, Vertex, Dell Technologies Inc.
N-Methyl-2-Pyrrolidone (NMP) Market 2024 Key Insights:
• The n-methyl-2-pyrrolidone (nmp) market size is expected to see strong growth in the next few years. It will grow to $1.47 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%.
• Rising Oil And Gas Industry Demand Fuels Growth In N-Methyl-2-Pyrrolidone (NMP) Market
• Pharmaceutical Industry Surge Drives Growth In N-Methyl-2-Pyrrolidone Market
• Asia-Pacific was the largest region in the n-methyl-2-pyrrolidone (NMP) market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=8456&type=smp
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
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
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
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
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 N-Methyl-2-Pyrrolidone (NMP) Global Market Report 2024 To 2033 | LyondellBasell Industries NV, Mitsubishi Chemical Group Corporation, BASF SE, Eastman Chemical Company, Ashland here
News-ID: 3777925 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
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…
