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 years.

The global market for NMP Solvent Recycling Service was estimated to be worth US$ million in 2024 and is forecast to a readjusted size of US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.

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NMP Recycling Service Market Summary
N-Methylpyrrolidone (NMP) is an aprotic solvent with the characteristics of high polarity, high boiling point, low viscosity, low volatility, high thermal stability and chemical stability. As a high-performance solvent, it is widely used in lithium-ion battery production, chemical industry and many other fields.
Sources of NMP can be divided into two categories: synthetic NMP and recycled NMP. Synthetic NMP refers to NMP products obtained by chemical synthesis. The industrial production route is to use gamma-butyrolactone (GBL) and monomethylamine as raw materials to condense to produce NMP products; recycled NMP refers to the recycling and purification of NMP waste liquid used as solvents. Enable recycling.
Characteristics of NMP waste liquid:
High-concentration NMP: The NMP content in NMP waste liquid is relatively high, and due to the strong solubility of NMP, the waste liquid may be mixed with a variety of other organic and inorganic substances.
Low toxicity but certain irritation: Although NMP itself is less toxic than many other organic solvents, high-concentration contact is still irritating to human skin and eyes.
Difficulty in treatment: Due to the high boiling point and good solubility of NMP, it is difficult to treat it by physical methods such as evaporation or natural volatilization alone, and specific recovery and purification technologies are required.
Strict environmental protection requirements: Especially in industries such as battery manufacturing, the purity of NMP is extremely high, which means that the purity of NMP recovered after the treatment of NMP waste liquid is also required to be high, otherwise it will affect product quality and environmental safety.
There are three modes for recycling NMP.
Tolling services mode: Tolling support provides a closed-loop cycle in which the customer's spent solvents are recycled and returned directly to that customer. The customer hands over the NMP waste liquid to the recycling company for processing. The recycling company uses its own technology and equipment to purify the NMP in the waste liquid and then returns it to the customer. The tolling services mode can effectively reduce the customer's processing costs and realize the recycling of resources.
Purchase and sales mode: The recycling company purchases NMP waste liquid from upstream suppliers and sells it to downstream customers after processing and purification. In this mode, the recycling company assumes the dual roles of waste liquid procurement and product sales, and realizes profits through the difference between buying and selling.
Internal circulation mode: NMP users recycle NMP in waste liquid by themselves, forming an internal recycling system. This model is mainly suitable for large enterprises or groups, which have complete recycling and treatment facilities and technologies and can process and recycle NMP in waste liquid by themselves. Mitsubishi provides solvent recovery and purification facilities in Japan and abroad. In particular, a number of NMP solvent recovery and purification facilities have been adopted overseas with the increase in global demand for lithium-ion batteries. Using this equipment, NMP can be recycled and purified directly on site without the need to transport it to a third party for processing.
Figure. Global NMP Recycling Service Market Size (k tons), 2020-2031
NMP Recycling Service
Above data is based on report from QYResearch Semiconductor Research Center: Global NMP Recycling Service Market Report 2025-2031 (published in 2025). If you need the latest data, plaese contact QYResearch.
According to the new market research report "Global NMP Recycling Service Market Report 2025-2031", published by QYResearch, the global NMP Recycling Service market size is projected to reach USD 1.06 million tons by 2031, at a CAGR of 10.0% during the forecast period.
Figure. Global NMP Recycling Service Top 17 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)
NMP Recycling Service
Above data is based on report from QYResearch Semiconductor Research Center: Global NMP Recycling Service Market Report 2025-2031 (published in 2025). If you need the latest data, plaese contact QYResearch.
According to QYResearch, the global key manufacturers of NMP Recycling Service include Anhui Shengjie New Energy Technology, Shandong Changxin Chemical, Refine Holdings, Hubei Jinquan New Material, Enchem, Zhenjiang Xinna Environmental Protection Materials, Kenli Gengxin Chemical, Jiangsu Tata Resource Recycling, BYN Chemical, Ruian Chemical, etc. In 2024, the global top 10 players had a share approximately 60.0% in terms of revenue.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The NMP Solvent Recycling Service market is segmented as below:
By Company
Republic Services
Enchem
Dynamic Environmental Corporation S.p.A(DEC)
Koch Modular
Veolia
Clean Harbors

Segment by Type
On-site Recycling Service
Off-site Recycling Service

Segment by Application
Automotive
Industrial
Others

Each chapter of the report provides detailed information for readers to further understand the NMP Solvent Recycling Service market:

Chapter 1: Introduces the report scope of the NMP Solvent Recycling Service report, global total market size (valve, volume and price). This chapter also provides the market dynamics, 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. (2020-2031)
Chapter 2: Detailed analysis of NMP Solvent Recycling Service manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various NMP Solvent Recycling Service market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of NMP Solvent Recycling Service in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of NMP Solvent Recycling Service in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth NMP Solvent Recycling Service competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides NMP Solvent Recycling Service comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides NMP Solvent Recycling Service market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:
Global NMP Solvent Recycling Service Market Research Report 2025
NMP Solvent Recycling Service Comprehensive Market Analysis, Trends, Challenges, Opportunities, and Strategic Recommendations for 2024 and Beyond
Global and United States NMP Solvent Recycling Service Market Report & Forecast 2024-2030
Global NMP Solvent Recycling Service Market Research Report 2024
Global NMP Solvent Recycling Service Market Insights, Forecast to 2030
NMP Solvent Recycling Service- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

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