Detailed Study of Pyrrolidone Market by Research Cosmos
Pyrrolidone Market Size and Growth Rate:
According to the latest reports published by Research Cosmos, Pyrrolidone Market was valued at USD xx million in 2018 and projected to reach USD xx million by 2025 growing at a CAGR of xx% during the forecast period 2018 to 2025.
Browse details of 130 number of pages research report developed on Pyrrolidone Market @ https://www.researchcosmos.com/reports/pyrrolidone-market/948197775
Pyrrolidone Market Growth Drivers, Challenges and Opportunities:
The application of pyrrolidone in the finished products industries, mainly in the production of PVC, has been fundamental to stimulate the global market for pyrrolidone. Other important applications of pyrrolidone include the manufacture of drugs, pigments, herbicides, insecticides and fungicides.
Pyrrolidone can have adverse effects on human health. This factor is expected to hinder the growth of the global pyrrolidone market.
It is expected that the potential application of pyrrolidone in the formulation of cosmetics will open up growth prospects for the next seven years. It also has an important application in the desulfurization of gas damaged by the pharmaceutical and agrochemical markets, which offers new opportunities.
2-Pyrrolidone is used among other things as a solvent, pharmaceutical drug and in personal care and home care applications. NMP is used in the paints and coatings, automotive and automotive industries plastics. N-octylpyrrolidone is used in the manufacture of chemicals, pesticides, fertilizers and textile finishes, and other applications. All these applications will increase market share in the future.
Geographical Analysis of Pyrrolidone Market:
Pyrrolidone is widely used in North America and Europe. However, it is likely that the market share of will decrease in these regions due to the strict regulatory bodies. Increased demand for natural gas is expected to rise the need for pyrrolidone in developing regions such as Asia-Pacific, which accounted for more than 40% of the market in the previous years.
Ask For Free Sample of the report @ https://www.researchcosmos.com/request/pyrrolidone-market/948197775
Key Market Players of Pyrrolidone Market:
The main players in the manufacturing of pyrrolidone are Ashland Inc., BASF SE, Shandong Qingyun Changxin Chemical Science-Tech Co., Mitsubishi Chemical Engineering Corporation, Balaji Amines, Quzhou Jianhua Nanhang Industrial Co., Ltd. and Zhejiang Realsun Chemical Industry. Co., Ltd.
Pyrrolidone Market Segmentation:
By Type:
- 2-pyrrolidone
- N-methylpyrrolidone
- N-octylpyrrolidobe
- N-vinylpyrrolidone
By Application:
- Agrochemicals
- Paints & Coatings
- Plastics
By Region:
- North America
- South America
- Europe
- Asia Pacific
- Middle East and Africa
For any queries, inquire more @ https://www.researchcosmos.com/inquire/pyrrolidone-market/948197775
About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
Contact:
Kevin Stewart
Global Sales Manager
Research Cosmos