N-Methyl-2-Pyrrolidone Market Is Likely To Up Demand At A USD 1.79 Billion By 2025
San Francisco, 9 May 2023: The Report N-Methyl-2-Pyrrolidone (NMP) Market Analysis By Application (Oil & gas [Butadiene Recovery, BTX Extraction], Pharmaceuticals [Solvent, Penetration Enhancer], Electronics, Paints & Coatings, Agrochemicals), By Region, And Segment Forecasts, 2018 - 2025 The global n-methyl-2-pyrrolidone market is expected to reach USD 1.79 billion by 2025, according to a new report by Grand View Research, Inc. The NMP market is expected to witness significant growth over the forecast period owing to the increasing demand from Asia Pacific region. N-Methyl-2-Pyrrolidone (NMP) is used in a various applications including oil & gas, pharmaceutical, electronics, paints & coatings, agrochemicals and others. Emerging economies such as India are witnessing increasing FDI which is fueling the growth of industrial sector. Asia Pacific region is expected to witness higher growth rates owing to rapid urbanization in these countr...