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Global Market Study on N-Methyl-2-Pyrrolidone (NMP): Electronics Application Segment Projected to Witness Largest Market Value Share by 2020 End

Report Description

This report by Persistence Market Research on the global N-Methyl-2-Pyrrolidone market for the period 2015–2020 presents an outlook of the market across the globe. The primary objective of the report is to offer updates on market opportunities in the global N-Methyl-2-Pyrrolidone market. The report is categorically divided into four sections namely, by application and by region, to understand and offer insights on the global N-Methyl-2-Pyrrolidone market. The report provides analysis of the global NMP market in terms of market value (US$ Mn) and shipment (Units).

The report starts with an overview of the global N-Methyl-2-Pyrrolidone market. This section includes PMR’s analyses of key trends, drivers, and restraints from the supply, demand, and macroeconomic perspectives. Impact analysis of key growth drivers based on the weighted average model are included in the report to better equip and arm clients with crystal-clear and decision-making insights.

Next section included in the report is on the basis of application that analyzes the market and presents the forecast in terms of shipment and value for the next five years. On the basis of application, the global N-Methyl-2-Pyrrolidone market has been segmented into following seven key segments:

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

The next section of the report includes analysis of the global N-Methyl-2-Pyrrolidone market on the basis of region. The global NMP market is segmented into four key regions:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa

In the final section of the report, the HCS market competitive landscape is included to provide report audiences with a dashboard view of the market players and company analysis, based on categories of providers across the value chain, their presence in the N-Methyl-2-Pyrrolidone product portfolio and key differentiators. Some of the major market players featured in this section, include:

  • BASF SE, Ashland Inc.
  • LyondellBasell Industries N.V.
  • Abtonsmart Chemical (Group) Co. Ltd.
  • Shandong Qingyun Changxin Chemical Science-Tech Co., Ltd.
  • Puyang Guangming Chemicals Co., Ltd.
  • Hefei TNJ Chemical Industry Co., Ltd.
  • Zhejiang Realsun Chemical Industry Co., Ltd.
  • Balaji Amines Limited

Research Methodology

To deduce market size, the report considered the average adoption rate of N-Methyl-2-Pyrrolidone across geographies. Furthermore, data points such as regional split and market split by application and qualitative inputs from primary respondents have been incorporated to arrive at suitable market estimates. The forecast presented in the report evaluates the total revenue that is expected to be generated across the N-Methyl-2-Pyrrolidones market over forecast period (2015–2020). When developing the market forecast, the starting point involved sizing up the current market, which forms the basis for forecasting how the market is anticipated to take shape during the forecast period. Given the characteristics of the market, PMR triangulated the data on the basis of various analysis based on both supply side and demand side. However, quantifying the market across the aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them at the end of the forecast period.

It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze the market on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the market and identify the right opportunities. All these sub-segments or categories have been analyzed in terms of Basis Points (BPS) to understand the individual segment’s relative contribution to market growth. This detailed level of information is important for identification of many key trends in the N-Methyl-2-Pyrrolidone market.

Another key feature of this report is the analysis of the N-Methyl-2-Pyrrolidone market by region, application, and its revenue forecast in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global N-Methyl-2-Pyrrolidone market. In order to understand key growth segments in terms of growth and performance of the N-Methyl-2-Pyrrolidone market, Persistence Market Research developed a market attractiveness index. The resulting index should help providers identify real market opportunities.

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