N-methyl-pyrrolidone (NMP) Market 2025: Emerging Opportunities, Competitive Landscape, and Global Forecast Analysis

QY Research has recently published a research report titled, "Global N-methyl-pyrrolidone (NMP) Market Insights - Industry Share, Sales Projections, and Demand Outlook 2025-2031" assessing various factors impacting its trajectory. The report offers in-depth analysis of the global N-methyl-pyrrolidone (NMP) market taking into account market dynamics, segmentation, geographical expansion, competitive landscape, and various other key aspects. The market analysts who have prepared the report have thoroughly studied the global N-methyl-pyrrolidone (NMP) market and have offered reliable and accurate data. The report analyses the current trends, growth opportunities, competitive pricing, restraining factors, and boosters that may have an impact on the overall dynamics of the global N-methyl-pyrrolidone (NMP) market.

The global N-methyl-pyrrolidone (NMP) market was valued at US$ 3030 million in 2024 and is anticipated to reach US$ 4650 million by 2031, witnessing a CAGR of 6.4% during the forecast period 2025-2031.

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N-Methyl-2-pyrrolidone (NMP) is an organic solvent with the chemical formula C5H9NO. It's a colorless to slightly yellow liquid that is highly polar, water-miscible, and hygroscopic.

Leading Companies operating in the N-methyl-pyrrolidone (NMP) Market include:

BASF
Mitsubishi Chemical
Lyondellbasell
Ashland
Eastman
Synmiway Chemical
MYI Chemical
Yuneng Chemical
Ganzhou Zhongneng
Guangming Chemicals
Ruian Chemical

The Asia-Pacific region dominates the market, among which China is the world's largest producer and consumer of NMP. NMP is a key solvent for lithium battery cathode slurry and benefits from the expansion of the global electric vehicle (EV) market. The expansion of global power battery production capacity (such as CATL and LG New Energy) further drives demand.

In the electronics industry, NMP is used for photoresist stripping and wafer cleaning, and 5G/AI technology drives the demand for high-end electronic-grade NMP. In European countries, high-end electronics and automotive coatings are widely used.

The demand for high-end electronic-grade NMP is strong, and companies such as Mitsubishi Chemical and BASF have technical advantages.

Market Drivers and Restrains

This section of the N-methyl-pyrrolidone (NMP) report discusses various drivers and restrains that have shaped the global market. The detailed study of numerous drivers of the market enable readers to get a clear perspective of the market, which includes market environment, government policies, product innovations, breakthroughs, and market risks.

The research report also points out the myriad opportunities, challenges, and market barriers present in the global N-methyl-pyrrolidone (NMP) market. The comprehensive nature of the information will help the reader determine and plan strategies to benefit from. Restrains, challenges, and market barriers also help the reader to understand how the company can prevent itself from facing downfall.

Details of N-methyl-pyrrolidone (NMP) Market Segmentation: -

The report offers great insights into important segments of the global N-methyl-pyrrolidone (NMP) market while concentrating on their CAGR, market size, market share, and future growth potential. The global N-methyl-pyrrolidone (NMP) market is mainly segmented according to type of product, application, and region. Each segment in these categories is extensively researched to become familiar with their growth prospects and key trends. Segmental analysis is highly important to identify key growth pockets of a global market. The report provides specific information on the market growth and demand of different products and applications to help players to focus on profitable areas of the global N-methyl-pyrrolidone (NMP) market.

Segment by Type:

Electronic Grade
Pharmaceutical Grade
Industrial Grade

Segment by Application:

Lithium Battery
Electronics
Pharmaceuticals
Paints and Coatings
Others

Regional Analysis:

The report offers a deep geographical study of the global N-methyl-pyrrolidone (NMP) market where growth prospects in key regions and countries are identified to help players expand their market presence. Market drivers for each regional market are broadly analyzed in the report. Moreover, the geographical analysis provided in the report could help readers to become familiar with challenges that are specific to the regional markets analyzed. All the regional and country-wise markets studied in the report are analyzed on the basis of growth rate, value, volume, and other vital factors. This will help readers to gain in-depth knowledge of the regional growth of the N-methyl-pyrrolidone (NMP) market.

Segment by Region

North America
United States
Canada

Europe

Germany
France
U.K.
Italy
Russia

Asia-Pacific

China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia

Latin America

Mexico
Brazil
Argentina
Colombia

Middle East & Africa

Turkey
Saudi Arabia
UAE

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N-methyl-pyrrolidone (NMP) Report Objectives

(1) Analyzing the size of the global N-methyl-pyrrolidone (NMP) market on the basis of value and volume

(2) Accurately calculating the market shares, consumption, and other vital factors of different segments of the global N-methyl-pyrrolidone (NMP) market

(3) Exploring key dynamics of the global N-methyl-pyrrolidone (NMP) market

(4) Highlighting important trends of the global N-methyl-pyrrolidone (NMP) market in terms of production, revenue, and sales

(5) Deeply profiling top players of the global N-methyl-pyrrolidone (NMP) market and showing how they compete in the industry

(6) Studying manufacturing processes and costs, product pricing, and various trends related to them

(7) Showing the performance of different regions and countries in the global N-methyl-pyrrolidone (NMP) market

(8) Forecasting the market size and share of all segments, regions, and the global market.

Important Questions Answered included in the Report:

(A) What is the market size and growth rate of the global and regional market by various segments?

(B) What is the market size and growth rate of the market for selective Countries?

(C) Which region or sub-segment is expected to drive the market in the forecast period?

(D) What factors are estimated to drive and restrain the market growth?

(E) What are the key technology and market trends shaping the market?

(F) what are the key opportunity in the market?

(G) Who are the leading manufacturers operating in the global N-methyl-pyrrolidone (NMP) market?

(H) Which key player accounted for the highest market share?

(I) What are the growth opportunities for the new entrants in the global N-methyl-pyrrolidone (NMP) market?

Table of Contents

1 N-methyl-pyrrolidone (NMP) Market Overview
1.1 Product Definition
1.2 N-methyl-pyrrolidone (NMP) by Type
1.2.1 Global N-methyl-pyrrolidone (NMP) Market Value by Type (2020-2031)
1.2.2 Electronic Grade
1.2.3 Pharmaceutical Grade
1.2.4 Industrial Grade
1.3 N-methyl-pyrrolidone (NMP) by Application
1.3.1 Global N-methyl-pyrrolidone (NMP) Market Value by Application 2020-2031)
1.3.2 Lithium Battery
1.3.3 Electronics
1.3.4 Pharmaceuticals
1.3.5 Paints and Coatings
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global N-methyl-pyrrolidone (NMP) Revenue (2020-2031)
1.4.2 Global N-methyl-pyrrolidone (NMP) Sales (2020-2031)
1.4.3 Global N-methyl-pyrrolidone (NMP) Market Average Price (2020-2031)
1.5 Assumptions and Limitations
1.6 Study Objectives
1.7 Years Considered
2 Key Insights
2.1 Key Emerging Trends
2.2 Key Developments - Mergers Acquisitions, New Product Launches, Collaborations, Partnerships and Joint Ventures
2.3 Latest Technological Advancements
2.4 Insights on Regulatory Scenarios
2.5 Porters Five Forces Analysis
3 Manufacturers Competitive Analysis
3.1 Global N-methyl-pyrrolidone (NMP) Revenue by Manufacturer (2020-2025)
3.2 Global N-methyl-pyrrolidone (NMP) Sales by Manufacturer (2020-2025)
3.3 Global N-methyl-pyrrolidone (NMP) Average Price by Manufacturer (2020-2025)
3.4 N-methyl-pyrrolidone (NMP) Company Evaluation Quadrant
3.5 Industry Rank
3.5.1 Global Key Players of N-methyl-pyrrolidone (NMP), Industry Ranking, 2023 VS 2024
3.5.2 Global N-methyl-pyrrolidone (NMP) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.5.3 Global N-methyl-pyrrolidone (NMP) Market Concentration Rate
3.5.4 Global 5 and 10 Largest N-methyl-pyrrolidone (NMP) Players Market Share by Revenue
3.6 N-methyl-pyrrolidone (NMP) Market: Overall Company Footprint Analysis
3.6.1 N-methyl-pyrrolidone (NMP) Market: Region Footprint
3.6.2 N-methyl-pyrrolidone (NMP) Market: Company Product Type Footprint
3.6.3 N-methyl-pyrrolidone (NMP) Market: Company Product Application Footprint
3.6.4 Global Key Manufacturers of N-methyl-pyrrolidone (NMP), Date of Enter into This Industry
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
4 Manufacturers Profiles
4.1 BASF
4.1.1 BASF N-methyl-pyrrolidone (NMP) Details
4.1.2 BASF N-methyl-pyrrolidone (NMP) Product and Services
4.1.3 BASF N-methyl-pyrrolidone (NMP) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
4.1.4 BASF Major Business
4.1.5 BASF Recent Developments/Updates
4.2 Mitsubishi Chemical
4.2.1 Mitsubishi Chemical N-methyl-pyrrolidone (NMP) Details
4.2.2 Mitsubishi Chemical N-methyl-pyrrolidone (NMP) Product and Services
4.2.3 Mitsubishi Chemical N-methyl-pyrrolidone (NMP) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
4.2.4 Mitsubishi Chemical Major Business
4.2.5 Mitsubishi Chemical Recent Developments/Updates
4.3 Lyondellbasell
4.3.1 Lyondellbasell N-methyl-pyrrolidone (NMP) Details
4.3.2 Lyondellbasell N-methyl-pyrrolidone (NMP) Product and Services
4.3.3 Lyondellbasell N-methyl-pyrrolidone (NMP) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
4.3.4 Lyondellbasell Major Business
4.3.5 Lyondellbasell Recent Developments/Updates
4.4 Ashland
4.4.1 Ashland N-methyl-pyrrolidone (NMP) Details
4.4.2 Ashland N-methyl-pyrrolidone (NMP) Product and Services
4.4.3 Ashland N-methyl-pyrrolidone (NMP) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
4.4.4 Ashland Major Business
4.4.5 Ashland Recent Developments/Updates
4.5 Eastman
4.5.1 Eastman N-methyl-pyrrolidone (NMP) Details
4.5.2 Eastman N-methyl-pyrrolidone (NMP) Product and Services
4.5.3 Eastman N-methyl-pyrrolidone (NMP) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
4.5.4 Eastman Major Business
4.5.5 Eastman Recent Developments/Updates
4.6 Synmiway Chemical
4.6.1 Synmiway Chemical N-methyl-pyrrolidone (NMP) Details
4.6.2 Synmiway Chemical N-methyl-pyrrolidone (NMP) Product and Services
4.6.3 Synmiway Chemical N-methyl-pyrrolidone (NMP) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
4.6.4 Synmiway Chemical Major Business
4.6.5 Synmiway Chemical Recent Developments/Updates
4.7 MYI Chemical
4.7.1 MYI Chemical N-methyl-pyrrolidone (NMP) Details
4.7.2 MYI Chemical N-methyl-pyrrolidone (NMP) Product and Services
4.7.3 MYI Chemical N-methyl-pyrrolidone (NMP) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
4.7.4 MYI Chemical Major Business
4.7.5 MYI Chemical Recent Developments/Updates
4.8 Yuneng Chemical
4.8.1 Yuneng Chemical N-methyl-pyrrolidone (NMP) Details
4.8.2 Yuneng Chemical N-methyl-pyrrolidone (NMP) Product and Services
4.8.3 Yuneng Chemical N-methyl-pyrrolidone (NMP) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
4.8.4 Yuneng Chemical Major Business
4.8.5 Yuneng Chemical Recent Developments/Updates
4.9 Ganzhou Zhongneng
4.9.1 Ganzhou Zhongneng N-methyl-pyrrolidone (NMP) Details
4.9.2 Ganzhou Zhongneng N-methyl-pyrrolidone (NMP) Product and Services
4.9.3 Ganzhou Zhongneng N-methyl-pyrrolidone (NMP) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
4.9.4 Ganzhou Zhongneng Major Business
4.9.5 Ganzhou Zhongneng Recent Developments/Updates
4.10 Guangming Chemicals
4.10.1 Guangming Chemicals N-methyl-pyrrolidone (NMP) Details
4.10.2 Guangming Chemicals N-methyl-pyrrolidone (NMP) Product and Services
4.10.3 Guangming Chemicals N-methyl-pyrrolidone (NMP) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
4.10.4 Guangming Chemicals Major Business
4.10.5 Guangming Chemicals Recent Developments/Updates
4.11 Ruian Chemical
4.11.1 Ruian Chemical N-methyl-pyrrolidone (NMP) Details
4.11.2 Ruian Chemical N-methyl-pyrrolidone (NMP) Product and Services
4.11.3 Ruian Chemical N-methyl-pyrrolidone (NMP) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
4.11.4 Ruian Chemical Major Business
4.11.5 Ruian Chemical Recent Developments/Updates
5 Consumption Analysis by Region
5.1 Global N-methyl-pyrrolidone (NMP) Market Size by Region
5.1.1 Global N-methyl-pyrrolidone (NMP) Consumption Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global N-methyl-pyrrolidone (NMP) Consumption Value by Region (2020-2025)
5.1.3 Global N-methyl-pyrrolidone (NMP) Consumption Value by Region (2026-2031)
5.1.4 Global N-methyl-pyrrolidone (NMP) Consumption Value Market Share by Region (2020-2031)
5.2 Global N-methyl-pyrrolidone (NMP) Sales Quantity by Region
5.2.1 Global N-methyl-pyrrolidone (NMP) Sales Quantity by Region: 2020 VS 2024 VS 2031
5.2.2 Global N-methyl-pyrrolidone (NMP) Sales Quantity by Region (2020-2025)
5.2.3 Global N-methyl-pyrrolidone (NMP) Sales Quantity by Region (2026-2031)
5.2.4 Global N-methyl-pyrrolidone (NMP) Sales Quantity Market Share by Region (2020-2031)
5.3 Global N-methyl-pyrrolidone (NMP) Average Price by Region
5.4 North America N-methyl-pyrrolidone (NMP) Consumption Value (2020-2031)
5.5 Europe N-methyl-pyrrolidone (NMP) Consumption Value (2020-2031)
5.6 Asia-Pacific N-methyl-pyrrolidone (NMP) Consumption Value (2020-2031)
5.7 South America N-methyl-pyrrolidone (NMP) Consumption Value (2020-2031)
5.8 Middle East & Africa N-methyl-pyrrolidone (NMP) Consumption Value (2020-2031)
6 Market Scenario by Region & Country
6.1 Global N-methyl-pyrrolidone (NMP) Consumption Value by Region & Country: 2020 Versus 2024 Versus 2031
6.2 Global N-methyl-pyrrolidone (NMP) Consumption Value by Region & Country (2020-2031)
6.3 Global N-methyl-pyrrolidone (NMP) Sales Quantity by Region & Country (2020-2031)
6.4 Global N-methyl-pyrrolidone (NMP) Average Price by Region & Country (2020-2031)
6.5 North America N-methyl-pyrrolidone (NMP) Market Facts & Figures by Country
6.5.1 North America N-methyl-pyrrolidone (NMP) Consumption Value by Country: 2020 VS 2024 VS 2031
6.5.2 North America N-methyl-pyrrolidone (NMP) Sales Quantity by Country (2020-2031)
6.5.3 North America N-methyl-pyrrolidone (NMP) Consumption Value by Country (2020-2031)
6.5.4 U.S.
6.5.5 Canada
6.6 Europe N-methyl-pyrrolidone (NMP) Market Facts & Figures by Country
6.6.1 Europe N-methyl-pyrrolidone (NMP) Consumption Value by Country: 2020 VS 2024 VS 2031
6.6.2 Europe N-methyl-pyrrolidone (NMP) Sales Quantity by Country (2020-2031)
6.6.3 Europe N-methyl-pyrrolidone (NMP) Consumption Value by Country (2020-2031)
6.6.4 Germany
6.6.5 France
6.6.6 U.K.
6.6.7 Italy
6.6.8 Russia
6.7 Asia Pacific N-methyl-pyrrolidone (NMP) Market Facts & Figures by Region
6.7.1 Asia Pacific N-methyl-pyrrolidone (NMP) Market Size by Region: 2020 VS 2024 VS 2031
6.7.2 Asia Pacific N-methyl-pyrrolidone (NMP) Sales Quantity by Region (2020-2031)
6.7.3 Asia Pacific N-methyl-pyrrolidone (NMP) Consumption Value by Region (2020-2031)
6.7.4 China
6.7.5 Japan
6.7.6 South Korea
6.7.7 India
6.7.8 Australia
6.7.9 Taiwan
6.7.10 Indonesia
6.7.11 Thailand
6.7.12 Malaysia
6.7.13 Philippines
6.8 South America N-methyl-pyrrolidone (NMP) Market Facts & Figures by Country
6.8.1 South America N-methyl-pyrrolidone (NMP) Market Size by Country: 2020 VS 2024 VS 2031
6.8.2 South America N-methyl-pyrrolidone (NMP) Sales Quantity by Country (2020-2031)
6.8.3 South America N-methyl-pyrrolidone (NMP) Consumption Value by Country
6.8.4 Mexico
6.8.5 Brazil
6.8.6 Argentina
6.9 Middle East and Africa N-methyl-pyrrolidone (NMP) Market Facts & Figures by Country
6.9.1 Middle East and Africa N-methyl-pyrrolidone (NMP) Market Size by Country: 2020 VS 2024 VS 2031
6.9.2 Middle East and Africa N-methyl-pyrrolidone (NMP) Sales Quantity by Country (2020-2031)
6.9.3 Middle East and Africa N-methyl-pyrrolidone (NMP) Consumption Value by Country
6.9.4 Turkey
6.9.5 Saudi Arabia
6.9.6 UAE
7 Segment by Type
7.1 Global N-methyl-pyrrolidone (NMP) Sales Quantity by Type (2020-2031)
7.1.1 Global N-methyl-pyrrolidone (NMP) Sales Quantity by Type (2020-2025)
7.1.2 Global N-methyl-pyrrolidone (NMP) Sales Quantity by Type (2026-2031)
7.1.3 Global N-methyl-pyrrolidone (NMP) Sales Quantity Market Share by Type (2020-2031)
7.2 Global N-methyl-pyrrolidone (NMP) Revenue by Type (2020-2031)
7.2.1 Global N-methyl-pyrrolidone (NMP) Revenue by Type (2020-2025)
7.2.2 Global N-methyl-pyrrolidone (NMP) Revenue by Type (2026-2031)
7.2.3 Global N-methyl-pyrrolidone (NMP) Revenue Market Share by Type (2020-2031)
7.3 Global N-methyl-pyrrolidone (NMP) Price by Type (2020-2031)
8 Segment by Application
8.1 Global N-methyl-pyrrolidone (NMP) Sales Quantity by Application (2020-2031)
8.1.1 Global N-methyl-pyrrolidone (NMP) Sales Quantity by Application (2020-2025)
8.1.2 Global N-methyl-pyrrolidone (NMP) Sales Quantity by Application (2026-2031)
8.1.3 Global N-methyl-pyrrolidone (NMP) Sales Quantity Market Share by Application (2020-2031)
8.2 Global N-methyl-pyrrolidone (NMP) Revenue by Application (2020-2031)
8.2.1 Global N-methyl-pyrrolidone (NMP) Revenue by Application (2020-2025)
8.2.2 Global N-methyl-pyrrolidone (NMP) Revenue by Application (2026-2031)
8.2.3 Global N-methyl-pyrrolidone (NMP) Revenue Market Share by Application (2020-2031)
8.3 Global N-methyl-pyrrolidone (NMP) Price by Application (2020-2031)
9 Industry Chain and Sales Channels Analysis
9.1 N-methyl-pyrrolidone (NMP) Industry Chain Analysis
9.2 N-methyl-pyrrolidone (NMP) Key Raw Materials
9.2.1 Key Raw Materials
9.2.2 Raw Materials Key Suppliers
9.3 N-methyl-pyrrolidone (NMP) Production Mode & Process
9.4 N-methyl-pyrrolidone (NMP) Sales and Marketing
9.4.1 N-methyl-pyrrolidone (NMP) Sales Channels
9.4.2 N-methyl-pyrrolidone (NMP) Distributors
9.5 N-methyl-pyrrolidone (NMP) Customers
10 Research Findings and Conclusion
11 Appendix
11.1 Research Methodology
11.1.1 Methodology/Research Approach
11.1.1.1 Research Programs/Design
11.1.1.2 Market Size Estimation
11.1.1.3 Market Breakdown and Data Triangulation
11.1.2 Data Source
11.1.2.1 Secondary Sources
11.1.2.2 Primary Sources
11.2 Author Details
11.3 Disclaimer

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