N-Methyl-2-Pyrrolidone Market- Global demand and SWOT analysis 2027

N-Methyl-2-Pyrrolidone Markets

The N-methyl-2-pyrrolidone (NMP) market was valued at ~US$ 1.1 Bn in 2018 and is anticipated to expand at a CAGR of ~6.0% from 2019 to 2027.

The global N-methyl-2-pyrrolidone market is driven by the rise in the demand for N-methyl-2-pyrrolidone from the electronics industry.

In terms of value, the N-methyl-2-pyrrolidone market in the Asia Pacific is expected to expand at a CAGR of ~8% during the forecast period. China is a major producer of N-methyl-2-pyrrolidone in the Asia Pacific.

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