SAN FRANCISCO, January 4, 2017 /PRNewswire/ --
The global n-methyl-2-pyrrolidone (NMP) 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.
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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 countries coupled with per-capita disposable income levels.
Oil & gas dominated the market for NMP globally. The other key applications include electronics, pharmaceuticals, paints & coatings and agrochemicals.
Browse full research report with TOC on "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, 2013 - 2025" at: http://www.grandviewresearch.com/industry-analysis/n-methyl-2-pyrrolidone-nmp-market
Further key findings from the report suggest :
Browse related reports by Grand View Research:
Grand View Research has segmented the global NMP market on the basis of application and region:
Read Our Blogs - http://www.grandviewresearch.com/blog/n-methyl-2-pyrrolidone-nmp-market-size-share-outlook
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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Grand View Research, Inc
Phone: 1-415-349-0058
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