Ethylpyrrolidone (CAS:2687-91-4), also known as NEP, is a colorless, transparent liquid and a strong polar organic solvent. It is an important fine chemical intermediate and polar solvent, which is widely used in other industries such as lithium ion batteries, polymer materials, medicine, chemical additives and so on.
Market Analysis and Insights: Global 1-Ethyl-2-Pyrrolidone Market
Due to the COVID-19 pandemic, the global 1-Ethyl-2-Pyrrolidone market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Ordinary Grade accounting for % of the 1-Ethyl-2-Pyrrolidone global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Electronic segment is altered to an % CAGR throughout this forecast period.
China 1-Ethyl-2-Pyrrolidone market size is valued at US$ million in 2021, while the US and Europe 1-Ethyl-2-Pyrrolidone are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe 1-Ethyl-2-Pyrrolidone landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of 1-Ethyl-2-Pyrrolidone include BASF, Ashland, Eastman, Zhejiang Wansheng, Sankyo Chemical, Zhejiang Realsun Chemical, Anhui Jinao Chemical, MYJ Chemical and Hengxiang Chemical, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the 1-Ethyl-2-Pyrrolidone capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of 1-Ethyl-2-Pyrrolidone by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global 1-Ethyl-2-Pyrrolidone Scope and Segment
1-Ethyl-2-Pyrrolidone market is segmented by Type and by Application. Players, stakeholders, and other participants in the global 1-Ethyl-2-Pyrrolidone market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Ordinary Grade
Industrial Grade
Electronic Grade
Reagent Grade
Segment by Application
Electronic
Coatings and Paints
Medical
Daily Chemicals
Others
By Company
BASF
Ashland
Eastman
Zhejiang Wansheng
Sankyo Chemical
Zhejiang Realsun Chemical
Anhui Jinao Chemical
MYJ Chemical
Hengxiang Chemical
Shiny Chemical Industrial
Scale Chemical Corporation
Puyang Guangming Chemical
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E