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Global N-methyl-pyrrolidone (NMP) Market Growth 2025-2031
Oct 2025
Chemicals and Materials
Pages: 107
LPI25411
The global N-methyl-pyrrolidone (NMP) market size is predicted to grow from US$ 3135 million in 2025 to US$ 4611 million in 2031; it is expected to grow at a CAGR of 6.6% from 2025 to 2031.
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The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
N-Methyl-2-pyrrolidone (NMP) is an organic solvent with the chemical formula C?H?NO. Its a colorless to slightly yellow liquid that is highly polar, water-miscible, and hygroscopic.
The Asia-Pacific region dominates the market, among which China is the worlds largest producer and consumer of NMP. NMP is a key solvent for lithium battery cathode slurry and benefits from the expansion of the global electric vehicle (EV) market. The expansion of global power battery production capacity (such as CATL and LG New Energy) further drives demand.
In the electronics industry, NMP is used for photoresist stripping and wafer cleaning, and 5G/AI technology drives the demand for high-end electronic-grade NMP. In European countries, high-end electronics and automotive coatings are widely used.
The demand for high-end electronic-grade NMP is strong, and companies such as Mitsubishi Chemical and BASF have technical advantages.
Infinity Market Research newest research report, the N-methyl-pyrrolidone (NMP) Industry Forecast looks at past sales and reviews total world N-methyl-pyrrolidone (NMP) sales in 2024, providing a comprehensive analysis by region and market sector of projected N-methyl-pyrrolidone (NMP) sales for 2025 through 2031. With N-methyl-pyrrolidone (NMP) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world N-methyl-pyrrolidone (NMP) industry.
This Insight Report provides a comprehensive analysis of the global N-methyl-pyrrolidone (NMP) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on N-methyl-pyrrolidone (NMP) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global N-methyl-pyrrolidone (NMP) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for N-methyl-pyrrolidone (NMP) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global N-methyl-pyrrolidone (NMP).
This report presents a comprehensive overview, market shares, and growth opportunities of N-methyl-pyrrolidone (NMP) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Electronic Grade
Pharmaceutical Grade
Industrial Grade
Segmentation by Application:
Lithium Battery
Electronics
Pharmaceuticals
Paints and Coatings
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.
BASF
Mitsubishi Chemical
Lyondellbasell
Ashland
Eastman
Synmiway Chemical
MYI Chemical
Yuneng Chemical
Ganzhou Zhongneng
Guangming Chemicals
Ruian Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global N-methyl-pyrrolidone (NMP) market?
What factors are driving N-methyl-pyrrolidone (NMP) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do N-methyl-pyrrolidone (NMP) market opportunities vary by end market size?
How does N-methyl-pyrrolidone (NMP) break out by Type, by Application?
N-methyl-pyrrolidone Market Scope
| Report Attribute | Details |
|---|---|
| Market Size (Start Year) | USD XX Million |
| Market Size (End Year) | USD XX Million |
| Compound Annual Growth Rate (CAGR) | USD XX Million |
| Forecast Period | USD XX Million |
| Base Year | USD XX Million |
| Historical Data | USD XX Million |
| Key Players | USD XX Million |
REPORT COVERAGE
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
SEGMENT COVERED
By component, deployment, organization size, application, and industry.
REGIONAL SCOPE
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
COUNTRY SCOPE
Includes key countries across all major regions.
📘 Frequently Asked Questions
1. What is the market size of Global N-methyl-pyrrolidone Market?
Answer: The global N-methyl-pyrrolidone (NMP) market size is predicted to grow from US$ 3135 million in 2025 to US$ 4611 million in 2031; it is expected to grow at a CAGR of 6.6% from 2025 to 2031.
2. Which regions are analyzed in the Global N-methyl-pyrrolidone Market report?
Answer: The Global N-methyl-pyrrolidone Market report covers major regions such as Europe, Asia-Pacific, Middle East & Africa. Each region is analyzed for trends, opportunities, and market dynamics.
3. What methodology is used for forecasting of Global N-methyl-pyrrolidone Market?
Answer: The Global N-methyl-pyrrolidone Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.
4. Are emerging markets analyzed separately in the Global N-methyl-pyrrolidone Market?
Answer: Yes, the Global N-methyl-pyrrolidone Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.
5. Does the report include competitive benchmarking of Global N-methyl-pyrrolidone Market?
Answer: Yes, Global N-methyl-pyrrolidone Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.
6. Can I access country-level data within the Global N-methyl-pyrrolidone Market report?
Answer: Yes, Global N-methyl-pyrrolidone Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.
7. Can I get customized insights or data from the Global N-methyl-pyrrolidone Market report?
Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.
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🌟 Why Choose Infinity Market Research?
At Infinity Market Research, we dont just deliver data — we deliver clarity, confidence, and competitive edge.
In a world driven by insights, we help businesses unlock the infinite potential of informed decisions.
Here why global brands, startups, and decision-makers choose us:
Industry-Centric Expertise
With deep domain knowledge across sectors — from healthcare and technology to manufacturing and consumer goods — our team delivers insights that matter.
Custom Research, Not Cookie-Cutter Reports
Every business is unique, and so are its challenges. Thats why we tailor our research to your specific goals, offering solutions that are actionable, relevant, and reliable.
Data You Can Trust
Our research methodology is rigorous, transparent, and validated at every step. We believe in delivering not just numbers, but numbers that drive real impact.
Client-Centric Approach
Your success is our priority. From first contact to final delivery, our team is responsive, collaborative, and committed to your goals — because you re more than a client; you re a partner.
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