N-Methyl-2-Pyrrolidone (NMP) Market

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Report Id : REP-GB-625 Published On : July-2015 Category : Chemicals & Materials

N-Methyl-2-Pyrrolidone (NMP) Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020


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Research Methodology (1/2)

SYSTEMMATIC RESEARCH APPROACH

1

Market Profiling

Formulating discussion guide

2

Developing list of respondents

3

Data Collection

In-depth secondary research is used to arrive at overall market size, top industry players, top products, industry associations, etc

In order to conduct expert and industry interviews, FMI formulates a detailed discussion guide

Identifying key opinion leaders

Questionnaire design

In depth interviews

Coverage across value chain

Data Filter & Analysis

Research & Actionable Intelligence Insights

A Primary Research

List of industry players (manufacturers), distributors, retailers, industry experts

SOLUTION

4

Data Collection

5

Data Validation

6

Data Analysis

Insights

7

FMI conducts interviews with industry experts, industry players, distributors and retailers

Data is validated by triangulation method, in which secondary, primary and FMI’s analysis contribute to the final data

The data is scrutinized using M S-Excel, to find qualitative and quantitative insights about the industry

FMI delivers industry insights and information in the required format (pdf)

Business Solution

Market Participants

Key Strengths

Product Portfolio

Mapping as per value chain

Key focus segments

Primary Research # • • • • •

Linkedin Zoominfo Salesforce Hoovers Onesource

B Desk Research

C

Company Analysis

Key Industry Experts

Channel Study

Developments

Market Dynamics

Products

Conclusions

Paid Publications#

Secondary Research # • Company Websites • Company Annual Reports • White Papers • Financial Reports

• • • •

Factiva GBI Genios Meltwater

# includes sources of databases


N-Methyl-2-Pyrrolidone (NMP) Market

Global N-Methyl-2-Pyrrolidone (NMP) Market will be Worth US$ 985 Million by 2020 Future Market Insights (FMI), in its recent report titled, “N-Methyl-2-Pyrrolidone (NMP) Market: Global Industry Analysis & Opportunity Assessment, 2014 - 2020”, forecasts that the global NMethyl-2-Pyrrolidone market will witness a steady CAGR of 4.7% between 2015 and 2020. NMP accounted for around US$ 660 Mn of the US$ 3.2 trillion generated by the global chemicals market in 2013, and FMI estimates it to reach a valuation of US$ 985 Mn by 2020.

N-Methyl-2-Pyrrolidone, also referred to as N-Methylpyrrolidone, is an organic, colourless, polar aprotic solvent characterised by relatively lower volatility and higher flash point. It is obtained through the process of condensation of gamma butyrolactone and monomethylamine. Owing to such properties, NMP is used across diverse industries in a wide range of end-uses. FMI’s latest report analyses the global NMP market in terms of market value (US$ Mn) and volume (‘000 tonne) by segmenting the market on the basis of applications and regions. The report offers insights and data related to prevalent trends, and impact analysis of the various drivers and restraints in the market.


N-Methyl-2-Pyrrolidone (NMP) Market

Demand from Asia Pacific Anticipated to Fuel the NMP Market Growth in the end-use industry is expected to emerge as the primary factor driving growth of the global NMP market during the forecast period. Moreover, growing demand from developing countries across the globe, especially those in Asia Pacific, is expected to fuel growth of the global NMP market between 2015 and 2020. However, NMP has been listed as a developmental and reproductive toxin by regulatory bodies across the globe, particularly in Europe and North America. As such, application of NMP in paints & coatings and industrial cleaners segments is expected to be adversely affected in the near future, especially in markets in Europe and North America. This is likely to result in slower growth rates of the abovementioned segments in the global NMP market over the forecast period. On the basis of regions, the global NMP market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and South America. By application, the market has been segmented into electronics, petrochemical processing, pharmaceuticals, agrochemicals, paints & coatings and industrial cleaners and others. Asia Pacific accounts for highest share in terms of revenue contribution, owing to industrial growth in the region, and this trend is expected to continue over the forecast period.


N-Methyl-2-Pyrrolidone (NMP) Market

The region is anticipated to register a CAGR of 7.5% in terms of market value, thus dominating the global NMP market over the forecast period. However, mature markets such as North America and Europe are slated to witness relatively slower growths in terms of NMP consumption during the forecast period. Browse Full: "N-Methyl-2-Pyrrolidone (NMP) Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020" Market Research Report at http://www.futuremarketinsights.com/reports/details/global-n-methyl-2-pyrrolidone-market On the basis of application, the electronics segment is expected to account for majority as compared to other application-based segments, and will register a steady CAGR of 6.7% during the forecast period. However, the other major application segments such as petrochemical processing, pharmaceuticals and agrochemicals are also expected to register steady year-on-year growth rates during the forecast period. The Key market players covered in the report include BASF SE, Ashland Inc., LyondellBasell Industries N.V., Shandong Qingyun Changxin Chemical Science-Tech Co. Ltd, Hefei TNJ Chemical Industry Co. Ltd, and Zhejiang Realsun Chemical Industry Co., Ltd among others.


Table of Content

1. Executive Summary 2. Research Methodology 3. Assumptions & Acronyms used 4. Market Overview 4.1. Introduction 4.2. Market segmentation

5. Global N-Methyl-2-Pyrrolidone Market 5.1. Market Size and Forecast (US$ Mn), 2015-2021 5.2. Y-o-Y Growth Comparison

5.3. Market Dynamics 5.3.1. Drivers


Table of Content

5.4. Market Trends and Recent Advancements 5.5. Value Chain 6. Global N-Methyl-2-Pyrrolidone Market, By Regions 6.1. Introduction 6.1.1. Market Size and Forecast (US$ Mn) 6.1.2. Market Size and Forecast ('000 Tons) 6.1.3. Market Proportion and BPS Analysis 6.1.4. Y-o-Y growth Comparison 6.2. N-Methyl-2-Pyrrolidone Market Analysis, By Regions 6.2.1. North America 6.2.1.1 Market Volume & Y-o-Y Growth 6.2.1.2. Absolute $ Opportunity


Table of Content

6.2.2. Europe Market 6.2.2.1 Market Volume & Y-o-Y Growth 6.2.2.2. Absolute $ Opportunity 6.2.3. Asia Pacific 6.2.3.1 Market Volume & Y-o-Y Growth 6.2.3.2. Absolute $ Opportunity 6.2.4. Middle East & Africa 6.2.4.1 Market Volume & Y-o-Y Growth 6.2.4.2. Absolute $ Opportunity

6.2.5. South America 6.2.5.1 Market Volume & Y-o-Y Growth 6.2.5.2. Absolute $ Opportunity 6.3. Market Attractiveness Analysis, By Regions


Table of Content

7. Global N-Methyl-2-Pyrrolidone Market, By Application 7.1. Introduction 7.1.1. Market Size and Forecast (US$ Mn) 7.1.2. Market Size and Forecast ('000 Tons) 7.1.3. Market Proportion and BPS Analysis 7.1.4. Y-o-Y growth Comparison 7.2. N-Methyl-2-Pyrrolidone Market Analysis, By Application 7.2.1. Electronics 7.2.1.1 Market Volume & Y-o-Y Growth 7.2.1.2. Absolute $ Opportunity 7.2.2. Petrochemical Processing 7.2.1.1 Market Volume & Y-o-Y Growth 7.2.1.2. Absolute $ Opportunity 7.2.3. Pharmaceuticals


Table of Content

7.2.4. Agrochemicals 7.2.1.1 Market Volume & Y-o-Y Growth 7.2.1.2. Absolute $ Opportunity 7.2.5. Paints & Coatings 7.2.1.1 Market Volume & Y-o-Y Growth 7.2.1.2. Absolute $ Opportunity

7.2.6. Industrial Cleaners 7.2.1.1 Market Volume & Y-o-Y Growth 7.2.1.2. Absolute $ Opportunity 7.2.7. Others 7.2.1.1 Market Volume & Y-o-Y Growth 7.2.1.2. Absolute $ Opportunity 7.3. Market Attractiveness Analysis, By Application 8. Pricing Analysis, By Region


Table of Content 9. Production Capacity, By Region 10. Supply-Demand and Trade Analysis, 2014 11. Alternatives to NMP 12. Competitive Landscape 12.1. Competition Dashboard 12.2. Company Profiles 12.2.1 BASF SE 12.2.2 LyondellBasell Industries N.V. 12.2.3 Ashland Inc. 12.2.4 Shandong Qingyun Changxin Chemical Science-Tech Co., Ltd. 12.2.5 Hefei TNJ Chemical Industry Co., Ltd 12.2.6 Puyang Guangming Chemicals Co., Ltd. 12.2.7 Zhejiang Realsun Chemical Industry Co., Ltd.


Table of Content 12.2.8 Abtonsmart Chemical (Group) Co. Ltd 12.2.9 Balaji Amines Limited (BAL 12.3. Market Share analysis 12.4. List of NMP suppliers For more insights on the Global N-Methyl-2-Pyrrolidone (NMP) Market, you can request a report sample with full TOC at http://www.futuremarketinsights.com/reports/sample/rep-gb-625


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