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N-methyl-2-pyrrolidone (nmp) Market By Product Application - Global Industry Analysis And Forecast To 2023

Published On : June 2022 Pages : 169 Category: Advanced Materials Report Code : CM06867

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Industry Outlook and Trend Analysis

The N-Methyl-2-Pyrrolidone (NMP) Market was worth USD 0.48 billion in 2017 and is expected to reach approximately USD 0.85 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.59% during the forecast period. N-Methyl-2-pyrrolidone (NMP) is a natural compound comprising of a 5-membered lactam. It is a colourless fluid, although polluted samples can seem yellow. It is miscible with water and with most common natural solvents. It belongs to the group of dipolar aprotic solvents, for example, dimethylformamide and dimethyl sulfoxide. It is used as a part of the petrochemical and plastics enterprises as a dissolvable, abusing its nonvolatility and capacity to break up assorted materials. NMP is made industrially by an average ester-to-amide transformation, by treating butyrolactone with methylamine.

Drivers and Restraints

Thriving applications of N-Methyl-2-Pyrrolidone by an assortment of end-use enterprises will remain the most unmistakable factor reinforcing the development of the worldwide NMP market. Growing consumer electronics industry is anticipated to fuel the interest for N-Methylpyrrolidone in order to meet the electronics generation necessity on a worldwide level. Similarly, developing demand for agrochemicals will keep on creating a business opportunity for NMP amid the figure time frame. Booming pharmaceuticals industry is another key factor that is anticipated to support the demand for NMP throughout the following years. In addition, increasing demand from creating economies, particularly situated in the Asia Pacific area, will stay one of the essential promoters to the market development.

Market Segmentation

The N-Methyl-2-Pyrrolidone (NMP) Market is segmented on the basis of application into petrochemical processing, Pharmaceuticals, Industrial cleaners, Electronics, Agrochemicals, Paints and coatings and others. Among these, the electronics application segment is anticipated to encounter the largest market. Nonetheless, pharmaceuticals, registered the revenues of US$ 122.7 Mn in 2017.

Regional Outlook and Trend Analysis

 The NMP market is anticipated to witness the significant development in APAC, enrolling a solid CAGR over the forecast period. This provincial market is foreseen to record the greatest consumption of NMP all around, overwhelming the market with very nearly 40% income share. This development is fundamentally determined by the rising rate of urbanization, industrialization, and framework improvement in rising economies inside the Asia Pacific district, trailed by moderately bring down generation costs. The NMP market in North America will remain the second biggest market with a tremendous CAGR over the forecast period.

Competitive Insights

The leading players in the market are BASF, Puyang Guangming Chemicals Co Ltd, Abtonsmart Chemical (Group) Co Ltd, Shandong Qingyun Changxin Chemical Science-Tech Co Ltd, LyondellBasell, Zhejiang Realsun Chemical Industry Co Ltd, Hefei TNJ Chemical Industry Co Ltd, BALAJI AMINES LTD and Ashland Inc. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The N-Methyl-2-Pyrrolidone (NMP) Market is segmented as follows-

By Application:

  • Petrochemical processing
  • Pharmaceuticals
  • Industrial cleaners
  • Electronics
  • Agrochemicals
  • Paints and coatings
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Columbia
    • South Africa
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of MEA

Some of the key questions answered by the report are:

  • What was the market size in 2017 and forecast from 2017 to 2023?
  • What will be the industry market growth from 2017 to 2023?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Market Classification

·         N-Methyl-2-Pyrrolidone (NMP) Market, By Application, Estimates and Forecast, 2014-2023 ($Million)

·         Pharmaceuticals

·         Petrochemical processing

·         Paints and coatings

·         Agrochemicals

·         Industrial cleaners

·         Electronics

·         Other Applications

·         N-Methyl-2-Pyrrolidone (NMP) Market, By Region, Estimates and Forecast, 2014-2023 ($Million)

·         North America

§  North America N-Methyl-2-Pyrrolidone (NMP) Market, By Country

o    U.S. N-Methyl-2-Pyrrolidone (NMP) Market

o    Canada N-Methyl-2-Pyrrolidone (NMP) Market

o    Mexico N-Methyl-2-Pyrrolidone (NMP) Market

·         Europe

§  Europe N-Methyl-2-Pyrrolidone (NMP) Market, By Country

o    Germany N-Methyl-2-Pyrrolidone (NMP) Market

o    UK N-Methyl-2-Pyrrolidone (NMP) Market

o    France N-Methyl-2-Pyrrolidone (NMP) Market

o    Russia N-Methyl-2-Pyrrolidone (NMP) Market

o    Italy N-Methyl-2-Pyrrolidone (NMP) Market

o    Rest of Europe N-Methyl-2-Pyrrolidone (NMP) Market

·         Asia-Pacific

§  Asia-Pacific N-Methyl-2-Pyrrolidone (NMP) Market, By Country

o    China N-Methyl-2-Pyrrolidone (NMP) Market

o    Japan N-Methyl-2-Pyrrolidone (NMP) Market

o    South Korea N-Methyl-2-Pyrrolidone (NMP) Market

o    India N-Methyl-2-Pyrrolidone (NMP) Market

o    Southeast Asia N-Methyl-2-Pyrrolidone (NMP) Market

o    Rest of Asia-Pacific N-Methyl-2-Pyrrolidone (NMP) Market

·         South America

§  South America N-Methyl-2-Pyrrolidone (NMP) Market

o    Brazil N-Methyl-2-Pyrrolidone (NMP) Market

o    Argentina N-Methyl-2-Pyrrolidone (NMP) Market

o    Columbia N-Methyl-2-Pyrrolidone (NMP) Market

o    South Africa N-Methyl-2-Pyrrolidone (NMP) Market

o    Rest of South America N-Methyl-2-Pyrrolidone (NMP) Market

·         Middle East and Africa

§  Middle East and Africa N-Methyl-2-Pyrrolidone (NMP) Market

o    Saudi Arabia N-Methyl-2-Pyrrolidone (NMP) Market

o    UAE N-Methyl-2-Pyrrolidone (NMP) Market

o    Egypt N-Methyl-2-Pyrrolidone (NMP) Market

o    Nigeria N-Methyl-2-Pyrrolidone (NMP) Market

o    South Africa N-Methyl-2-Pyrrolidone (NMP) Market

o    Rest of MEA N-Methyl-2-Pyrrolidone (NMP) Market

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

1.2.1.  Secondary Research

1.2.2.  Primary Research

2.       Executive Summary

2.1.       Key Highlights

3.       Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.2.  Restraints

3.2.3.  Opportunities

4.       Market Analysis by Regions

4.1.       North America (United States, Canada and Mexico)

4.1.1.  United States Market States and Outlook (2017-2023)

4.1.2.  Canada Market States and Outlook (2017-2023)

4.1.3.  Mexico Market States and Outlook (2017-2023)

4.2.       Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1.  Germany Market States and Outlook (2017-2023)

4.2.2.  France Market States and Outlook (2017-2023)

4.2.3.  UK Market States and Outlook (2017-2023)

4.2.4.  Russia Market States and Outlook (2017-2023)

4.2.5.  Italy Market States and Outlook (2017-2023)

4.2.6.  Rest of Europe Market States and Outlook (2017-2023)

4.3.       Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)

4.3.1.  China Market States and Outlook (2017-2023)

4.3.2.  Japan Market States and Outlook (2017-2023)

4.3.3.  Korea Market States and Outlook (2017-2023)

4.3.4.  India Market States and Outlook (2017-2023)

4.3.5.  Rest of Asia-Pacific Market States and Outlook (2017-2023)

4.4.       South America (Brazil, Argentina, Columbia and Rest of South America)

4.4.1.  Brazil Market States and Outlook (2017-2023)

4.4.2.  Argentina Market States and Outlook (2017-2023)

4.4.3.  Columbia Market States and Outlook (2017-2023)

4.4.4.  Rest of South America Market States and Outlook (2017-2023)

4.5.       Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

4.5.1.  Saudi Arabia Market States and Outlook (2017-2023)

4.5.2.  UAE Market States and Outlook (2017-2023)

4.5.3.  Egypt Market States and Outlook (2017-2023)

4.5.4.  Nigeria Market States and Outlook (2017-2023)

4.5.5.  South Africa Market States and Outlook (2017-2023)

4.5.6.  Rest of MEA Market States and Outlook (2017-2023)

5.       N-Methyl-2-Pyrrolidone (NMP) Market, By Application

5.1.       Introduction

5.2.       Global N-Methyl-2-Pyrrolidone (NMP) Sales, Revenue and Market Share by Application (2017-2027)

5.2.1.  Global N-Methyl-2-Pyrrolidone (NMP) Sales and Sales Share by Application (2017-2027)

5.2.2.  Global N-Methyl-2-Pyrrolidone (NMP) Revenue and Revenue Share by Application (2017-2027)

5.3.       Pharmaceuticals

5.3.1.  Global Pharmaceuticals Sales and Growth Rate (2017-2027)

5.4.       Petrochemical processing

5.4.1.  Global Petrochemical processing Sales and Growth Rate (2017-2027)

5.5.       Paints and coatings

5.5.1.  Global Paints and coatings Sales and Growth Rate (2017-2027)

5.6.       Agrochemicals

5.6.1.  Global Agrochemicals Sales and Growth Rate (2017-2027)

5.7.       Industrial cleaners

5.7.1.  Global Industrial cleaners Sales and Growth Rate (2017-2027)

5.8.       Electronics

5.8.1.  Global Electronics Sales and Growth Rate (2017-2027)

5.9.       Other Applications

5.9.1.  Global Other Applications Sales and Growth Rate (2017-2027)

6.       N-Methyl-2-Pyrrolidone (NMP) Market, By Region

6.1.       Introduction

6.2.       Global N-Methyl-2-Pyrrolidone (NMP) Sales, Revenue and Market Share by Regions

6.2.1.  Global N-Methyl-2-Pyrrolidone (NMP) Sales by Regions (2017-2027)

6.2.2.  Global N-Methyl-2-Pyrrolidone (NMP) Revenue by Regions (2017-2027)

6.3.       North America N-Methyl-2-Pyrrolidone (NMP) by Countries

6.3.1.  North America N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.3.2.  North America N-Methyl-2-Pyrrolidone (NMP) Revenue and Growth Rate (2017-2027)

6.3.3.  North America N-Methyl-2-Pyrrolidone (NMP) Sales by Countries (2017-2027)

6.3.4.  North America N-Methyl-2-Pyrrolidone (NMP) Revenue (Million USD) by Countries (2017-2027)

6.3.5.  U.S.

6.3.5.1.    United States N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.3.5.2.    United States N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.3.6.  Canada

6.3.6.1.    Canada N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.3.6.2.    Canada N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.3.7.  Mexico

6.3.7.1.    Mexico N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.3.7.2.    Mexico N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.4.       Europe N-Methyl-2-Pyrrolidone (NMP) by Countries

6.4.1.  Europe N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.4.2.  Europe N-Methyl-2-Pyrrolidone (NMP) Revenue and Growth Rate (2017-2027)

6.4.3.  Europe N-Methyl-2-Pyrrolidone (NMP) Sales by Countries (2017-2027)

6.4.4.  Europe N-Methyl-2-Pyrrolidone (NMP) Revenue (Million USD) by Countries (2017-2027)

6.4.5.  Germany

6.4.5.1.    Germany N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.4.5.2.    Germany N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.4.6.  UK

6.4.6.1.    UK N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.4.6.2.    UK N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.4.7.  France

6.4.7.1.    France N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.4.7.2.    France N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.4.8.  Russia

6.4.8.1.    Russia N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.4.8.2.    Russia N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.4.9.  Italy

6.4.9.1.    Italy N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.4.9.2.    Italy N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.4.10.      Rest of Europe

6.4.10.1. Rest of Europe N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.4.10.2. Rest of Europe N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.5.       Asia-Pacific

6.5.1.  Asia-Pacific N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.5.2.  Asia-Pacific N-Methyl-2-Pyrrolidone (NMP) Revenue and Growth Rate (2017-2027)

6.5.3.  Asia-Pacific N-Methyl-2-Pyrrolidone (NMP) Sales by Countries (2017-2027)

6.5.4.  Asia-Pacific N-Methyl-2-Pyrrolidone (NMP) Revenue (Million USD) by Countries (2017-2027)

6.5.5.  China

6.5.5.1.    China N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.5.5.2.    China N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.5.6.  Japan

6.5.6.1.    Japan N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.5.6.2.    Japan N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.5.6.3.     

6.5.7.  Korea

6.5.7.1.    Korea N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.5.7.2.    Korea N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.5.8.  India

6.5.8.1.    India N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.5.8.2.    India N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.5.9.  Southeast Asia

6.5.9.1.    Southeast Asia N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.5.9.2.    Southeast Asia N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.5.10.      Rest of Asia-Pacific

6.5.10.1. Rest of Asia-Pacific N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.5.10.2. Rest of Asia-Pacific N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.6.       South America

6.6.1.  South America N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.6.2.  South America N-Methyl-2-Pyrrolidone (NMP) Revenue and Growth Rate (2017-2027)

6.6.3.  South America N-Methyl-2-Pyrrolidone (NMP) Sales by Countries (2017-2027)

6.6.4.  South America N-Methyl-2-Pyrrolidone (NMP) Revenue (Million USD) by Countries (2017-2027)

6.6.5.  Brazil

6.6.5.1.    Brazil N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.6.5.2.    Brazil N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.6.6.  Argentina

6.6.6.1.    Argentina N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.6.6.2.    Argentina N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.6.7.  Columbia

6.6.7.1.    Columbia N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.6.7.2.    Columbia N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.6.8.  Rest of South America

6.6.8.1.    Rest of South America N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.6.8.2.    Rest of South America N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.7.       Middle East and Africa

6.7.1.  Middle East and Africa N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.7.2.  Middle East and Africa N-Methyl-2-Pyrrolidone (NMP) Revenue and Growth Rate (2017-2027)

6.7.3.  Middle East and Africa N-Methyl-2-Pyrrolidone (NMP) Sales by Countries (2017-2027)

6.7.4.  Middle East and Africa N-Methyl-2-Pyrrolidone (NMP) Revenue (Million USD) by Countries (2017-2027)

6.7.5.  Saudi Arabia

6.7.5.1.    Saudi Arabia N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.7.5.2.    Saudi Arabia N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.7.6.  United Arab Emirates

6.7.6.1.    United Arab Emirates N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.7.6.2.    United Arab Emirates N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.7.7.  Egypt

6.7.7.1.    Egypt N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.7.7.2.    Egypt N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.7.8.  Nigeria

6.7.8.1.    Nigeria N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.7.8.2.    Nigeria N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.7.9.  South Africa

6.7.9.1.    South Africa N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.7.9.2.    South Africa N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

6.7.10.      Rest of Middle East and Africa

6.7.10.1. Rest of Middle East and Africa N-Methyl-2-Pyrrolidone (NMP) Sales and Growth Rate (2017-2027)

6.7.10.2. Rest of Middle East and Africa N-Methyl-2-Pyrrolidone (NMP) Revenue (Millions USD) and Growth Rate (2017-2027)

7.       Company Profiles

7.1.       BASF SE

7.1.1.  Business Overview

7.1.2.  Product Type Portfolio

7.1.3.  Strategic Developments

7.1.4.  Sales, Revenue and Market Share

7.2.       LyondellBasell Industries N.V.

7.2.1.  Business Overview

7.2.2.  Product Type Portfolio

7.2.3.  Strategic Developments

7.2.4.  Sales, Revenue and Market Share

7.3.       Shandong Qingyun Changxin Chemical Science-Tech Co., Ltd.

7.3.1.  Business Overview

7.3.2.  Product Type Portfolio

7.3.3.  Strategic Developments

7.3.4.  Sales, Revenue and Market Share

7.4.       Abtonsmart Chemical (Group) Co. Ltd.

7.4.1.  Business Overview

7.4.2.  Product Type Portfolio

7.4.3.  Strategic Developments

7.4.4.  Sales, Revenue and Market Share

7.5.       Puyang Guangming Chemicals Co.

7.5.1.  Business Overview

7.5.2.  Product Type Portfolio

7.5.3.  Strategic Developments

7.5.4.  Sales, Revenue and Market Share

7.6.       Zhejiang Realsun Chemical Industry Co., Ltd.,

7.6.1.  Business Overview

7.6.2.  Product Type Portfolio

7.6.3.  Strategic Developments

7.6.4.  Sales, Revenue and Market Share

7.7.       Ashland Inc.

7.7.1.  Business Overview

7.7.2.  Product Type Portfolio

7.7.3.  Strategic Developments

7.7.4.  Sales, Revenue and Market Share

7.8.       Hefei TNJ Chemical Industry Co., Ltd.

7.8.1.  Business Overview

7.8.2.  Product Type Portfolio

7.8.3.  Strategic Developments

7.8.4.  Sales, Revenue and Market Share

8.       Global N-Methyl-2-Pyrrolidone (NMP) Market Competition, by Manufacturer

8.1.       Global N-Methyl-2-Pyrrolidone (NMP) Sales and Market Share by Manufacturer (2017-2017)

8.2.       Global N-Methyl-2-Pyrrolidone (NMP) Revenue and Market Share by Manufacturer (2017-2017)

8.3.       Global N-Methyl-2-Pyrrolidone (NMP) Price by Region (2017-2017)

8.4.       Top 5 N-Methyl-2-Pyrrolidone (NMP) Manufacturer Market Share

8.5.       Market Competition Trend

9.       N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.1.       Global N-Methyl-2-Pyrrolidone (NMP) Sales, Revenue (Millions USD) and Growth Rate (2027-2023)

9.2.       N-Methyl-2-Pyrrolidone (NMP) Market Forecast by Regions (2027-2023)

9.2.1.  North America N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.1.1.    United States N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.1.2.    Canada N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.1.3.    Mexico N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.2.  Europe N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.2.1.    Germany N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.2.2.    United Kingdom N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.2.3.    France N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.2.4.    Russia N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.2.5.    Italy N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.2.6.    Rest of the Europe N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.3.  Asia-Pacific N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.3.1.    China N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.3.2.    Japan N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.3.3.    Korea N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.3.4.    India N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.3.5.    Southeast Asia N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.3.6.    Rest of Asia-Pacific N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.4.  South America N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.4.1.    Brazil N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.4.2.    Argentina N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.4.3.    Columbia N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.4.4.    Rest of South America N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.5.  Middle East and Africa N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.5.1.    Saudi Arabia N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.5.2.    UAE N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.5.3.    Egypt N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.5.4.    Nigeria N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.5.5.    South Africa N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.2.5.6.    Rest of MEA N-Methyl-2-Pyrrolidone (NMP) Market Forecast (2027-2023)

9.3.       N-Methyl-2-Pyrrolidone (NMP) Market Forecast by Application (2027-2023)

9.3.1.  Global N-Methyl-2-Pyrrolidone (NMP) Sales Forecast by Application (2027-2023)

9.3.2.  Global N-Methyl-2-Pyrrolidone (NMP) Sales Market Share Forecast by Application (2027-2023)

List of Tables

*You can glance through the list of Tables and Figures when you view the sample copy of N-Methyl-2-Pyrrolidone (NMP) Market.

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources
  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources
  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

data triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)
  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

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