N-Methyl Pyrrolidone (NMP) Market by Grade, Application & Region | Forecast 2023 to 2033
Increasing Use of N-methyl Pyrrolidone in Drugs is Projected to Create Market Opportunities for N-methyl Pyrrolidone- FMI has Gathered Critical Data-backed Insights to Help you Foray into the Market
N-methyl Pyrrolidone (NMP) Market Overview (2023 to 2033)
According to a recent market report by Future Market Insights (FMI), the global N-methyl pyrrolidone market size is expected to increase at a CAGR of 4.6% over the forecast period. The market is estimated to attain US$ 1,536.4 million by 2033, rising from US$ 979.9 million in 2023. Growing demand for N-methyl pyrrolidone (NMP) from various end-use sectors around the world, such as petrochemicals, paints & coatings, agrochemicals, and others, is likely to drive up demand over the forecast period.
The sales of N-methyl pyrrolidone (NMP) have contributed around 35% to 40% to global maleic anhydride market revenue in 2022.
Rising demand from turbine manufacturers is the key factor pushing the demand graph for N-methyl pyrrolidone (NMP) upwards. Notable growth in industries over the last couple of years has elevated the demand for targeted products. With the integration of positive strategies by manufacturers in the market, this demand graph is expected to rise further over the forecast period.
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Are Research and Development Beneficial or Detrimental for The NMP Market?
Research and development of focused products is the only way to develop new production techniques, increase agility, and innovate the product's technical specifications. Because of the aforementioned factors, research and development procedures are identified as a vital means of boosting any market's growth rate. These initiatives are sometimes responsible for the discovery of other substitutes or alternatives to the intended product. This is a degrading aspect that is causing the market to grow at a slow rate
Consistent research and development for product innovation in a market like the global NMP market, where products have many alternatives. It is a critical success factor for manufacturers operating in the market to acquire an edge over available alternatives.
Which Are Key Concerns for N-methyl Pyrrolidone (NMP) Manufacturers?
Commercially, NMP is manufactured through the condensation of GBL (gamma-butyrolactone) and MA (methylamine), petroleum-based products. Attributing to the low production volume and extreme care required during the manufacturing process, the production cost becomes high as compared to that of regular grades.
The use of N-methyl pyrrolidone(NMP) hence is limited to certain high-cost, specialty, and niche applications that necessitate significantly high levels of purity and performance characteristics. For the same reason, the overall NMP market is significantly small as compared to other industrial solvents.
Efforts to develop alternatives to NMP have gained momentum over the recent past. Health safety reasons and costs involved are likely to result in the development of viable alternatives for NMP. This is expected to emerge as a primary concern for NMP manufacturers in the forthcoming years.
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How Is Healthcare Industry Affecting N-methyl Pyrrolidone NMP Market Growth?
Growing investment in the expansion of the healthcare industry around the world is likely to boost the market in the coming years. NMP is utilized in the pharmaceutical industry to extract, purify, and crystallize numerous pharmaceutical compounds used in the production of medications and other components. Its use in the pharmaceutical industry is estimated to drive sales over the assessment period.
NMP is a polar aprotic solvent that is good at keeping different types of nanoparticles dispersed in industrial and pharmaceutical environments. It is safe and capable of solubilizing a wide range of pharmaceuticals. Consequently, it makes NMP a popular solvent for implant formation and long-term drug delivery. It also works as a co-solvent and a complexing agent in several medication formulations, enhancing the solubility and permeability of a variety of substances.
Apart from drug research, the chemical is also utilized in hospitals and pharmaceutical production facilities to disinfect metal, plastic, and leather surfaces. In the coming years, the industry is expected to benefit from increased pharmaceutical sales.
2018 to 2022 N-methyl Pyrrolidone (NMP) Market Outlook Compared to 2023 to 2033 Forecast
Demand for N-methyl pyrrolidone (NMP) expanded at 2.6% CAGR between 2018 and 2022. Impressive growth in end-use industries resulting in a notable rise in demand for N-methyl pyrrolidone (NMP) was the key factor propelling growth in the market over the historical assessment period.
Various end-use industries namely electronics, petrochemicals and plastics/polymers, agrochemicals, and paints & coatings are likely to register steady growth during the forecast period. With the integration of the correct strategy, key NMP manufacturers can relish maximum opportunity in the market and drive their company’s growth at an extreme pace.
There has been significant growth in the electronics industry owing to the rising demand for industrial and consumer electronic products. This, in turn, has been fueling the demand for NMP, required for the manufacturing and maintenance of electronic components, thereby driving the market for NMP at a global level.
During the forecast period, the Li-ion battery market is anticipated to expand at a strong rate owing to the rapid adoption of electric vehicles across the globe. This, in turn, is
Estimated to propel the demand for NMP from 2023 to 2033.
CAGR from 2018 to 2022
2.6%
CAGR from 2023 to 2033
4.6%
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Comparative Analysis of Adjacent Markets
N-methyl Pyrrolidone (NMP) Market:
Differentiating Aspects
N-methyl Pyrrolidone (NMP) Market
CAGR (Forecast Period)
4.6%
Market Valuation in 2023
US$ 979.9 million
Projected Market Value by 2033
US$ 1,536.4 million
Growth Factors
Growing demand from the petrochemical industry.
Trends
Soaring deployment of lithium-ion batteries.
Opportunities
Increasing acquisitions of small and medium-sized market participants.
2-Ethyl Anthraquinone Market:
Differentiating Aspects
2-Ethyl Anthraquinone Market
CAGR (Forecast Period)
5.2%
Market Valuation in 2023
US$ 5.58 billion
Projected Market Value by 2033
US$ 9.26 billion
Growth Factors
Rising demand from paper packaging and the detergent sector.
Trends
Surging demand for hydrogen peroxide.
Opportunities
Heightened industrial investment and healthy GDP growth in China and India offer vital opportunities to manufacturers.
n-heptane Market:
Differentiating Aspects
n-heptane Market
CAGR (Forecast Period)
5.6%
Market Valuation in 2023
US$ 741.4 million
Projected Market Value by 2033
US$ 1,278.47 million
Growth Factors
Thriving automotive sector.
Trends
Technological advancements to realize the market potential of solvents.
Opportunities
New launch of innovative technologies to attract more profits.
Country-Wise Insights
2023 Value Share Analysis of Global N-methyl Pyrrolidone (NMP) Market:
Countries
Value Share (2023)
The United States
19.8%
Germany
4.2%
Japan
5.1%
Australia
0.6%
Value CAGR (2023 to 2033)
Countries
CAGR (2023 to 2033)
The United Kingdom
2.9%
China
5.9%
India
6.5%
Why is Demand for N-Methyl Pyrrolidone (NMP) Rising in the United States?
The N-methyl pyrrolidone (NMP) market in the United States is predicted to account for 19.8% market share in 2023. In 2022, the market reached a total valuation of US$ 182.4 million.
The United States is a significant consumer of N-methyl pyrrolidone (NMP). It has a huge presence for industries owing to high industrialization and the urban population in the country. This created high demand for industrial products, such as solvents, metals, machinery, and others.
NMP is a key industrial solvent and its demand has surged significantly in the country over recent years. To cater to this remarkable rise in demand, NMP manufacturers based in the United States are engaged in the expansion of their production capacities.
What is the Demand Outlook for N-Methyl Pyrrolidone (NMP) Projected for China?
China is one of the prominent consumers of N-methyl pyrrolidone (NMP) in Asia. The country is expected to consume around one-fourth of N-methyl pyrrolidone (NMP) produced globally. The extraordinary presence of end-use industries in the country is expected to be a key driver bolstering the market valuation of the N-methyl pyrrolidone (NMP) market in the country.
The country is considered a manufacturing hub across the globe owing to low labor costs and manufacturer-friendly governmental policies. Owing to such a high presence of industries and manufacturers, China exhibits high demand for N-methyl pyrrolidone (NMP) annually.
The electronic industry is one of the dominant consumers of NMP in the country. The electronics industry in China is growing at a remarkable pace. It is expected to witness never-before growth over the upcoming assessment period. Growth in the electronic industry is likely to bolster the demand for the NMP market over the forecast period.
Category-Wise Insights
Category
Grade
Segment
Standard
Value Share in 2023
49.2%
Category
Application
Segment
Petrochemical Processing
Value Share in 2023
14.1%
Which Grade of N-methyl Pyrrolidone (NMP) is Preferred in the Market?
N-methyl pyrrolidone (NMP) comes in a variety of grades based on product quality, specification, application, and other factors. The global NMP market has been divided into four categories: standard, electronic, pharmaceutical, and others. The extensively used grade of NMP in the world is standard grade NMP.
Standard grade is expected to account for roughly half of the global market, i.e., 49.2% value share, in 2023, according to FMI. Standard-grade NMP is significantly consumed for various industrial applications. Petrochemical processing, paints & coatings, and a few industrial applications are examples. These industries are witnessing significant growth, which is projected to increase demand for NMP shortly.
Is the Electronic Segment Assessed to Remain a Chief Application?
Among various application industries, the electronics and semiconductor sectors are vital consumers. NMP finds increasing application in the electronics industry. The electronics industry is anticipated to consume more than 45,616 tons of NMP in 2023 and the number is growing at a notable rate.
Due to the significantly increasing demand for both industrial and consumer electronic products, the NMP market is projected to exhibit strong growth over the forecast period. During the projected period, the Li-ion battery market is expected to grow at a prominent pace. Consequently, the demand for NMP is expected to rise.
Salient Tactics Employed by NMP Manufacturers
Leading manufacturers involved in the production of N-methyl pyrrolidone (NMP) are emphasizing research and development activities to strengthen their product portfolio. These activities are aimed at changing consumer specifications depending on various factors.
Key N-methyl pyrrolidone (NMP) market companies are focusing on increasing production capacity. These companies further aim at acquiring small and medium-sized market players to strengthen their market positions.
To meet domestic demand and save costs, several end users and distributors import N-methyl pyrrolidone (NMP) from other nations. However, the emergence of diverse alternatives remains a significant issue for market players. For Instance,
In August 2021, LyondellBasell Industries N.V. revealed its plans to establish a new manufacturing facility for propylene oxide (PO) and tertiary butyl alcohol (TBA). The company employs propylene oxide in the form of raw material to create butanediol. The latter is utilized to manufacture N-methyl pyrrolidone.
In December 2020, BASF SE officially announced the rise in price for N-methyl pyrrolidone (NMP) and other derivatives of BDO in the Europe region. This change was initiated with immediate effect or as extant contracts allow. BDO and its derivatives are used to develop elastic spandex fibers, solvents, polyurethanes, engineering plastics, and pharmaceuticals.
In 2016, BASF SE successfully expanded the production capacity of butanediol and its derivatives including N-methyl pyrrolidone. The expansion has increased the production capacity of its Geismer site by 20 percent. At present, the facility can produce 670,000 TPA of BDO.
Similarly, exhaustive coverage of key developments has been tracked by Future Market Insights in its latest report on N-methyl pyrrolidone (NMP).
Key Manufacturers in the N-methyl Pyrrolidone (NMP) Market
BASF SE
LyondellBasell Industries N.V.
Ashland Inc.
Eastman Chemical Company
Balaji Amines
Mitsubishi Chemical Corporation
Hefei TNJ Chemical Industry Co. Ltd.
Shandong Qingyun Changxin Chemical Science-Tech Co., Ltd.
Zhejiang Realsun Chemical Co. Ltd.
Puyang Guangming Chemicals Co. Ltd.
Binzhou Yuneng Chemical Co. Ltd.
Binzhou City Zhanhua District Ruian Chemical Co. Ltd.
Hefei Tengchao Chemical Material Co. Ltd.
Shanghai Poochun Industry Co. Ltd.
Scope of N-methyl Pyrrolidone (NMP) Market Report
Attribute
Details
Forecast Period
2023 to 2033
Historical Data Available for
2018 to 2022
Market Analysis
US$ million for Value
Key Regions Covered
North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa
Key Countries Covered
The United States, Canada, Germany, The United Kingdom, France, Italy, Spain, Russia, BENELUX, Nordic, China, Japan, South Korea, India, ASEAN, Australia, New Zealand, GCC Countries, Northern Africa, and South Africa.
Key Segments Covered
Grade, Application, and Region
Key Companies Profiled
BASF SE
LyondellBasell Industries NV
Ashland Inc.
Eastman Chemical Company
Balaji Amines
Mitsubishi Chemical Corporation
Hefei TNJ Chemical Industry Co. Ltd.
Shandong Qingyun Changxin Chemical Science-Tech Co., Ltd.
Zhejiang Realsun Chemical Co. Ltd.
Puyang Guangming Chemicals Co. Ltd.
Binzhou Yuneng Chemical Co. Ltd.
Binzhou City Zhanhua District Ruian Chemical Co. Ltd.
Hefei Tengchao Chemical Material Co. Ltd.
Shanghai Poochun Industry Co. Ltd.
Report Coverage
Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing
Available upon Request
N-methyl Pyrrolidone (NMP) Market by Category
By Grade:
Standard
Electronics
Pharmaceutical
Others
By Application:
Petrochemical Processing
Paints & Coatings
Industrial Cleaners
Electronics
Agrochemicals
Pharmaceuticals
Others
By Region:
North America
Latin America
Europe
East Asia
South Asia & Pacific
The Middle East & Africa
Frequently Asked Questions
What is the Scope of Growth for the Wine Tourism Market in South Asia?
Australia currently accounts for 8.2% of the global wine tourism market share in 2023.
How Big is the Global N-methyl Pyrrolidone (NMP) Market?
The net worth of the global market is estimated to be US$ 979.9 million in 2023.
At What Rate is the N-methyl Pyrrolidone (NMP) Market Expected to Rise?
The global demand for N-methyl pyrrolidone is expected to rise at 4.6% CAGR through 2033.
What is the Forecasted N-methyl Pyrrolidone (NMP) Market Value by 2033?
The global market value is projected to be around US$ 1,536.4 million by 2033.
Who are the Leading Players in the Global N-methyl Pyrrolidone (NMP) Market?
BASF, LyondellBasell, and Ashland are the top suppliers of N-methyl pyrrolidones.
Table of Content
1. Executive Summary | N-Methyl Pyrrolidone (NMP) Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and Their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyers
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Grade
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Grade, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Grade, 2023 to 2033
5.3.1. Standard
5.3.2. Electronics
5.3.3. Pharmaceutical
5.3.4. Others
5.4. Y-o-Y Growth Trend Analysis By Grade, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Grade, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2023 to 2033
6.3.1. Petrochemical Processing
6.3.2. Paints & Coatings
6.3.3. Industrial Cleaners
6.3.4. Electronics
6.3.5. Agrochemicals
6.3.6. Pharmaceuticals
6.3.7. Others
6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa(MEA)
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. The USA
8.2.1.2. Canada
8.2.2. By Grade
8.2.3. By Application
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Grade
8.3.3. By Application
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Grade
9.2.3. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Grade
9.3.3. By Application
9.4. Key Takeaways
10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. United Kingdom
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Grade
10.2.3. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Grade
10.3.3. By Application
10.4. Key Takeaways
11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Singapore
11.2.1.5. Thailand
11.2.1.6. Indonesia
11.2.1.7. Australia
11.2.1.8. New Zealand
11.2.1.9. Rest of Asia Pacific
11.2.2. By Grade
11.2.3. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Grade
11.3.3. By Application
11.4. Key Takeaways
12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of Middle East and Africa(MEA)
12.2.2. By Grade
12.2.3. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Grade
12.3.3. By Application
12.4. Key Takeaways
13. Key Countries Market Analysis
13.1. USA
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2022
13.1.2.1. By Grade
13.1.2.2. By Application
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2022
13.2.2.1. By Grade
13.2.2.2. By Application
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2022
13.3.2.1. By Grade
13.3.2.2. By Application
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2022
13.4.2.1. By Grade
13.4.2.2. By Application
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2022
13.5.2.1. By Grade
13.5.2.2. By Application
13.6. United Kingdom
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2022
13.6.2.1. By Grade
13.6.2.2. By Application
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2022
13.7.2.1. By Grade
13.7.2.2. By Application
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2022
13.8.2.1. By Grade
13.8.2.2. By Application
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2022
13.9.2.1. By Grade
13.9.2.2. By Application
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2022
13.10.2.1. By Grade
13.10.2.2. By Application
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2022
13.11.2.1. By Grade
13.11.2.2. By Application
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2022
13.12.2.1. By Grade
13.12.2.2. By Application
13.13. Singapore
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2022
13.13.2.1. By Grade
13.13.2.2. By Application
13.14. Thailand
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2022
13.14.2.1. By Grade
13.14.2.2. By Application
13.15. Indonesia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2022
13.15.2.1. By Grade
13.15.2.2. By Application
13.16. Australia
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2022
13.16.2.1. By Grade
13.16.2.2. By Application
13.17. New Zealand
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2022
13.17.2.1. By Grade
13.17.2.2. By Application
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2022
13.18.2.1. By Grade
13.18.2.2. By Application
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2022
13.19.2.1. By Grade
13.19.2.2. By Application
13.20. Israel
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2022
13.20.2.1. By Grade
13.20.2.2. By Application
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Grade
14.3.3. By Application
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. BASF SE
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. LyondellBasell Industries NV
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. Ashland Inc.
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Eastman Chemical Company
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Balaji Amines
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Mitsubishi Chemical Corporation
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Hefei TNJ Chemical Industry Co. ltd.
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Shandong Qingyun Changxin Chemical Science-Tech Co., Ltd.
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. Zhejiang Realsun Chemical Co. Ltd.
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. Puyang Guangming Chemicals Co. Ltd.
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
15.1.11. Binzhou Yuneng Chemical Co. Ltd.
15.1.11.1. Overview
15.1.11.2. Product Portfolio
15.1.11.3. Profitability by Market Segments
15.1.11.4. Sales Footprint
15.1.11.5. Strategy Overview
15.1.11.5.1. Marketing Strategy
15.1.11.5.2. Product Strategy
15.1.11.5.3. Channel Strategy
15.1.12. Binzhou City Zhanhua District Ruian Chemical Co. Ltd.
15.1.12.1. Overview
15.1.12.2. Product Portfolio
15.1.12.3. Profitability by Market Segments
15.1.12.4. Sales Footprint
15.1.12.5. Strategy Overview
15.1.12.5.1. Marketing Strategy
15.1.12.5.2. Product Strategy
15.1.12.5.3. Channel Strategy
15.1.13. Hefei Tengchao Chemical Material Co. Ltd.
15.1.13.1. Overview
15.1.13.2. Product Portfolio
15.1.13.3. Profitability by Market Segments
15.1.13.4. Sales Footprint
15.1.13.5. Strategy Overview
15.1.13.5.1. Marketing Strategy
15.1.13.5.2. Product Strategy
15.1.13.5.3. Channel Strategy
15.1.14. Shanghai Poochun Industry Co. Ltd.
15.1.14.1. Overview
15.1.14.2. Product Portfolio
15.1.14.3. Profitability by Market Segments
15.1.14.4. Sales Footprint
15.1.14.5. Strategy Overview
15.1.14.5.1. Marketing Strategy
15.1.14.5.2. Product Strategy
15.1.14.5.3. Channel Strategy
16. Assumptions & Acronyms Used17. Research Methodology
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List of Tables
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Tons) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Grade, 2018 to 2033
Table 4: Global Market Volume (Tons) Forecast by Grade, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 6: Global Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 8: North America Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 9: North America Market Value (US$ Million) Forecast by Grade, 2018 to 2033
Table 10: North America Market Volume (Tons) Forecast by Grade, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 12: North America Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Latin America Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 15: Latin America Market Value (US$ Million) Forecast by Grade, 2018 to 2033
Table 16: Latin America Market Volume (Tons) Forecast by Grade, 2018 to 2033
Table 17: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 18: Latin America Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 19: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 20: Europe Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 21: Europe Market Value (US$ Million) Forecast by Grade, 2018 to 2033
Table 22: Europe Market Volume (Tons) Forecast by Grade, 2018 to 2033
Table 23: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 24: Europe Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 25: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Asia Pacific Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 27: Asia Pacific Market Value (US$ Million) Forecast by Grade, 2018 to 2033
Table 28: Asia Pacific Market Volume (Tons) Forecast by Grade, 2018 to 2033
Table 29: Asia Pacific Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 30: Asia Pacific Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 31: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 32: MEA Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 33: MEA Market Value (US$ Million) Forecast by Grade, 2018 to 2033
Table 34: MEA Market Volume (Tons) Forecast by Grade, 2018 to 2033
Table 35: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 36: MEA Market Volume (Tons) Forecast by Application, 2018 to 2033
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List of Charts
Figure 1: Global Market Value (US$ Million) by Grade, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Application, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 5: Global Market Volume (Tons) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Million) Analysis by Grade, 2018 to 2033
Figure 9: Global Market Volume (Tons) Analysis by Grade, 2018 to 2033
Figure 10: Global Market Value Share (%) and BPS Analysis by Grade, 2023 to 2033
Figure 11: Global Market Y-o-Y Growth (%) Projections by Grade, 2023 to 2033
Figure 12: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 13: Global Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 14: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 15: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 16: Global Market Attractiveness by Grade, 2023 to 2033
Figure 17: Global Market Attractiveness by Application, 2023 to 2033
Figure 18: Global Market Attractiveness by Region, 2023 to 2033
Figure 19: North America Market Value (US$ Million) by Grade, 2023 to 2033
Figure 20: North America Market Value (US$ Million) by Application, 2023 to 2033
Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 23: North America Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 26: North America Market Value (US$ Million) Analysis by Grade, 2018 to 2033
Figure 27: North America Market Volume (Tons) Analysis by Grade, 2018 to 2033
Figure 28: North America Market Value Share (%) and BPS Analysis by Grade, 2023 to 2033
Figure 29: North America Market Y-o-Y Growth (%) Projections by Grade, 2023 to 2033
Figure 30: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 31: North America Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 34: North America Market Attractiveness by Grade, 2023 to 2033
Figure 35: North America Market Attractiveness by Application, 2023 to 2033
Figure 36: North America Market Attractiveness by Country, 2023 to 2033
Figure 37: Latin America Market Value (US$ Million) by Grade, 2023 to 2033
Figure 38: Latin America Market Value (US$ Million) by Application, 2023 to 2033
Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 41: Latin America Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 44: Latin America Market Value (US$ Million) Analysis by Grade, 2018 to 2033
Figure 45: Latin America Market Volume (Tons) Analysis by Grade, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Grade, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Grade, 2023 to 2033
Figure 48: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 49: Latin America Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 52: Latin America Market Attractiveness by Grade, 2023 to 2033
Figure 53: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 55: Europe Market Value (US$ Million) by Grade, 2023 to 2033
Figure 56: Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 57: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 59: Europe Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 62: Europe Market Value (US$ Million) Analysis by Grade, 2018 to 2033
Figure 63: Europe Market Volume (Tons) Analysis by Grade, 2018 to 2033
Figure 64: Europe Market Value Share (%) and BPS Analysis by Grade, 2023 to 2033
Figure 65: Europe Market Y-o-Y Growth (%) Projections by Grade, 2023 to 2033
Figure 66: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 67: Europe Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 68: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 69: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 70: Europe Market Attractiveness by Grade, 2023 to 2033
Figure 71: Europe Market Attractiveness by Application, 2023 to 2033
Figure 72: Europe Market Attractiveness by Country, 2023 to 2033
Figure 73: Asia Pacific Market Value (US$ Million) by Grade, 2023 to 2033
Figure 74: Asia Pacific Market Value (US$ Million) by Application, 2023 to 2033
Figure 75: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 76: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 77: Asia Pacific Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 78: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 79: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 80: Asia Pacific Market Value (US$ Million) Analysis by Grade, 2018 to 2033
Figure 81: Asia Pacific Market Volume (Tons) Analysis by Grade, 2018 to 2033
Figure 82: Asia Pacific Market Value Share (%) and BPS Analysis by Grade, 2023 to 2033
Figure 83: Asia Pacific Market Y-o-Y Growth (%) Projections by Grade, 2023 to 2033
Figure 84: Asia Pacific Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 85: Asia Pacific Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 88: Asia Pacific Market Attractiveness by Grade, 2023 to 2033
Figure 89: Asia Pacific Market Attractiveness by Application, 2023 to 2033
Figure 90: Asia Pacific Market Attractiveness by Country, 2023 to 2033
Figure 91: MEA Market Value (US$ Million) by Grade, 2023 to 2033
Figure 92: MEA Market Value (US$ Million) by Application, 2023 to 2033
Figure 93: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 94: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 95: MEA Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 96: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 97: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 98: MEA Market Value (US$ Million) Analysis by Grade, 2018 to 2033
Figure 99: MEA Market Volume (Tons) Analysis by Grade, 2018 to 2033
Figure 100: MEA Market Value Share (%) and BPS Analysis by Grade, 2023 to 2033
Figure 101: MEA Market Y-o-Y Growth (%) Projections by Grade, 2023 to 2033
Figure 102: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 103: MEA Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 104: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 105: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 106: MEA Market Attractiveness by Grade, 2023 to 2033
Figure 107: MEA Market Attractiveness by Application, 2023 to 2033
Figure 108: MEA Market Attractiveness by Country, 2023 to 2033
