Traditional Pyrrolidone Markets on Downturn as Asia Pacific Gains Traction

Transparency Market
Research
Pyrrolidone Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2014 - 2020
Published Date
04-Nov-2014
97 Page Report
Buy Now
Request Sample
Press Release
Pyrrolidone Market to Expand at 6.0% CAGR between 2014
and 2020 Driven by Hydrocarbon Recovery Applications :
TMR
Transparency Market Research
State Tower,
90, State Street, Suite 700.
Albany, NY 12207
United States
www.transparencymarketresearch.com
[email protected]
Pyrrolidone Market
REPORT DESCRIPTION
Pyrrolidone Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
Pyrrolidone is a liquid that finds extensive applications on account of its hygroscopic properties. A hygroscopic
material is one that attracts and absorbs moisture from its immediate environment. Pyrrolidone is commonly
used for extracting and dehumidifying natural gas from crude oil mixtures. As energy-hungry developed and
developing countries spur a high demand for natural gas, the demand for pyrrolidone has witnessed a steep
incline in several regions worldwide.
Pure Hydrocarbon Recovery in Petrochemical Processing Will Likely Remain Principal Application of
Pyrrolidone
Conventionally, desulfurization of various gases has remained the predominant application of pyrrolidone. The
other commonly-seen applications are pharmaceuticals and agrochemicals. The use of pyrrolidone is also
seen in hydrocarbon recovery on a massive scale (through the use of extractive distillation). Recent market
studies, however, have found that as compared to all other types of applications, pure hydrocarbon recovery
via petrochemical processing will drive the market for pyrrolidone market through the next four to five years.
Browse Full Global Pyrrolidone Market Report With Complete TOC @
http://www.transparencymarketresearch.com/pyrrolidone-market.html
Health Concerns Pose Major Growth Hurdle, Which Could be Offset to Some Extent by Vigorous
Demand in APAC
The various factors that promise the growth of the pyrrolidone market come with a caveat. Several health
problems have been reported as a result of prolonged or excessive exposure to pyrrolidone. This factor has
dented the growth of the global pyrrolidone market to a great degree. Market analysts do not expect this key
drawback to ease out anytime soon.
Transparency Market Research
2
Pyrrolidone Market
At the same time, some of the damage caused to the pyrrolidone market by health concerns will be offset by
the robust demand that’s currently coming in from Asia Pacific. The pharmaceutical industry is one of the
largest buyers and consumers of pyrrolidone, and considering that the pharma industry is expanding at a rapid
pace in APAC, this region will create a multitude of opportunities for companies in the pyrrolidone market. In
2013, Asia Pacific contributed to over 40% demand in the pyrrolidone market.
Product Segments Analysis by Type: N-Methylpyrrolidone is Largest but N-Vinylpyrrolidone to Grow
Fastest
For the purpose of better analysis, the global pyrrolidone market can be segmented on the basis of types as:
N-Vinylpyrrolidone, N-Methylpyrrolidone, N-Octylpyrrolidone, and 2-Pyrrolidone. All of these variants of
pyrrolidone are used in different applications.
Get FREE Sample Of This Report : http://www.transparencymarketresearch.com/sample/sample.php?
flag=S&rep_id=3652
While 2-Pyrrolidone is applied as a solvent, in home and personal care applications, and in pharmaceutical
drugs, N-Methylpyrrolidone is widely used in sectors such as plastics, paints and coatings, and automotive and
automobile. The latter was reported as the largest product segment within the global pyrrolidone market, and
held over 70% product share in 2013.
The other variant of pyrrolidone, N-Vinylpyrrolidone, finds uses largely in the cosmetics and food and beverage
sector. This segment came second to N-Methylpyrrolidone in 2013. However, recent market analyses show
that the N-Vinylpyrrolidone segment will grow substantially over the next three to four years buoyed by demand
from the pharmaceuticals sector. N-Octylpyrrolidone, which is yet another type of pyrrolidone, is widely
required in the chemicals, fertilizers and pesticides, and textiles finishing industries.
Regulatory Restrictions Bear Bad News for Pyrrolidone Market in North America and Europe
Transparency Market Research
3
Pyrrolidone Market
Given the current regulatory scenario in Europe and North America, the future doesn’t look very optimistic for
the pyrrolidone market. This marks the beginning of a significant shift as these two markets have traditionally
been the leading consumers in this space. On the other hand, in developing regions such as Asia Pacific, and
some countries in Latin America, the consumption of pyrrolidone is forecast to see a sharp rise. The growing
extraction of natural gas will play a pivotal role in this escalated demand for pyrrolidone.
Browse Press Release : http://www.transparencymarketresearch.com/pressrelease/pyrrolidonemarket.htm
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
1.3 Research scope and assumptions
1.4 Research methodology
Chapter 2 Executive Summary
2.1 Global pyrrolidone market estimates and forecast, 2013 – 2020 (Kilo tons) (USD million)
2.2 Global pyrrolidone market snapshot, 2013 - 2020
Chapter 3 Pyrrolidone Market – Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
Transparency Market Research
4
Pyrrolidone Market
3.3.1 Increasing demand from natural gas sector to boost growth of pyrrolidone market
3.3.2 Growing demand for plasticizers in end-use industries
3.3.3 Use of pyrrolidone to recover pure hydrocarbons in petroleum industry to augment growth of
pyrrolidone market
3.4 Market restraints
3.4.1 Volatile raw material prices to hamper growth of pyrrolidone market
3.4.2 Strict regulatory framework for the use of phthalate plasticizers limit the pyrrolidone market growth
3.5 Opportunities
3.5.1 Increasing demand for natural gas in Asia Pacific to create opportunities for pyrrolidone market
3.5.2 Rising demand for pyrrolidone in the pharmaceutical industry
3.6 Porter’s five forces analysis
3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat from substitutes
3.6.4 Threat of new entrants
3.6.5 Degree of competition
3.7 Global pyrrolidone market: Company market share analysis (2013)
3.8 Global pyrrolidone market: Market attractiveness analysis
Chapter 4 Pyrrolidone Market – Product Segment Analysis
4.1 Global pyrrolidone market: Product segment overview
Transparency Market Research
5
Pyrrolidone Market
4.1.1 Global pyrrolidone market volume share, by product segment, 2013 and 2020
4.2 2-Pyrrolidone
4.2.1 Global 2-Pyrrolidone market, 2013 – 2020 (Kilo Tons) (USD Million)
4.3 N-Methylpyrrolidone
4.3.1 Global N-Methylpyrrolidone market, 2013 – 2020 (Kilo Tons) (USD Million)
4.4 N-Vinylpyrrolidone
4.4.1 Global N-Vinylpyrrolidone market, 2013 – 2020 (Kilo Tons) (USD Million)
4.5 N-Octylpyrrolidone
4.5.1 Global pyrrolidone market for N-Octylpyrrolidone, 2013 – 2020 (Kilo Tons) (USD Million)
Chapter 5 Pyrrolidone Market – Application Analysis
5.1 Global pyrrolidone market: Application overview
5.1.1 Global pyrrolidone market volume share, by application, 2013 and 2020
5.2 Recovery of pure hydrocarbons in petrochemical processing
5.2.1 Global pyrrolidone market for recovery of pure hydrocarbons in petrochemical processing, 2013–
2020 (Kilo Tons) (USD Million)
5.3 Paints and coatings
5.3.1 Global pyrrolidone market for paints and coatings, 2013 – 2020 (Kilo Tons) (USD Million)
5.4 Desulfurization of gases
5.4.1 Global pyrrolidone market for desulfurization of gases, 2013 – 2020 (Kilo Tons) (USD Million)
5.5 Plastics
Transparency Market Research
6
Pyrrolidone Market
5.5.1 Global pyrrolidone market for plastics, 2013 – 2020 (Kilo Tons) (USD Million)
5.6 Agrochemicals
5.6.1 Global pyrrolidone market for agrochemicals, 2013 – 2020 (Kilo Tons) (USD Million)
5.7 Others (Including pharmaceuticals, electronics, etc.)
5.7.1 Global pyrrolidone market for other applications, 2013 – 2020 (Kilo Tons) (USD Million)
Chapter 6 Pyrrolidone Market - Regional Analysis
6.1 Global pyrrolidone market: Regional overview
6.1.1 Global pyrrolidone volume share, by region, 2013 and 2020
6.2 North America
6.2.1 North America pyrrolidone market volume, by product segment, 2013 – 2020 (Kilo Tons)
6.2.2 North America pyrrolidone market revenue, by product segment, 2013 – 2020 (USD Million)
6.2.3 North America pyrrolidone market volume, by application, 2013 – 2020 (Kilo Tons)
6.2.4 North America pyrrolidone market revenue, by application, 2013 – 2020 (USD Million)
6.3 Europe
6.3.1 Europe pyrrolidone market volume, by product segment, 2013 – 2020 (Kilo Tons)
6.3.2 Europe pyrrolidone market revenue, by product segment, 2013 – 2020 (USD Million)
6.3.3 Europe pyrrolidone market volume, by application, 2013 – 2020 (Kilo Tons)
6.3.4 Europe pyrrolidone market revenue, by application, 2013 – 2020 (USD Million)
6.4 Asia Pacific
6.4.1 Asia Pacific pyrrolidone market volume, by product segment, 2013 – 2020 (Kilo Tons)
Transparency Market Research
7
Pyrrolidone Market
6.4.2 Asia Pacific pyrrolidone market revenue, by product segment, 2013 – 2020 (USD Million)
6.4.3 Asia Pacific pyrrolidone market volume, by application, 2013 – 2020 (Kilo Tons)
6.4.4 Asia Pacific pyrrolidone market revenue, by application, 2013 –2020 (USD Million)
6.5 Rest of the World (RoW)
6.5.1 RoW pyrrolidone market volume, by product segment, 2013 – 2020 (Kilo Tons)
6.5.2 RoW pyrrolidone market revenue, by product segment, 2013 – 2020 (USD Million)
6.5.3 RoW pyrrolidone market volume, by application, 2013 – 2020 (Kilo Tons)
6.5.4 RoW pyrrolidone market revenue, by application, 2013 – 2020, (USD Million)
Chapter 7 Company Profiles
7.1 Abtonsmart Chemical Co., Ltd.
7.1.1 Company overview
7.1.2 Product portfolio
7.1.3 Business Strategies
7.2 Ashland Inc.
7.2.1 Company overview
7.2.2 Product portfolio
7.2.3 Financial overview
7.2.4 Business strategies
7.2.5 Recent developments
7.3 BASF SE
Transparency Market Research
8
Pyrrolidone Market
7.3.1 Company overview
7.3.2 Product portfolio
7.3.3 Financial overview
7.3.4 Business strategies
7.3.5 Recent developments
7.4 Balaji Amines
7.4.1 Company overview
7.4.2 Product portfolio
7.4.3 Financial overview
7.4.4 Business strategies
7.5 Boai NKY Pharmaceuticals Ltd.
7.5.1 Company overview
7.5.2 Product portfolio
7.5.3 Financial overview
7.5.4 Business strategies
7.6 Hefei TNJ Chemical Industry Co., Ltd.
7.6.1 Company overview
7.6.2 Product portfolio
7.6.3 Business strategies
7.6.4 Recent developments
Transparency Market Research
9
Pyrrolidone Market
7.7 J & K Chemical Ltd.
7.7.1 Company overview
7.7.2 Product portfolio
7.7.3 Business strategies
7.8 LyondellBasell Industries
7.8.1 Company overview
7.8.2 Product portfolio
7.8.3 Financial overview
7.8.4 Business strategies
7.9 Mitsubishi Chemical Engineering Corporation
7.9.1 Company overview
7.9.2 Product portfolio
7.9.3 Business strategies
7.10 NIPPON SHOKUBAI Co., Ltd.
7.10.1 Company overview
7.10.2 Product portfolio
7.10.3 Financial overview
7.10.4 Business strategy
7.11 Puyang Jiahua Chemical Co., Ltd.
7.11.1 Company overview
Transparency Market Research
10
Pyrrolidone Market
7.11.2 Product portfolio
7.11.3 Business strategies
7.12 Quzhou Jianhua Nanhang Industrial Co., Ltd
7.12.1 Company overview
7.12.2 Product portfolio
7.12.3 Business strategies
7.12.4 Recent developments
7.13 Shandong Qingyun Changxin Chemical Science-Tech Co., Ltd.
7.13.1 Company overview
7.13.2 Product portfolio
7.13.3 Business strategies
7.13.4 Recent developments
7.14 The Dow Chemical Company
7.14.1 Company overview
7.14.2 Product portfolio
7.14.3 Financial overview
7.14.4 Business strategies
7.14.5 Recent developments
7.15 Zhejiang Realsun Chemical Industry Co., Ltd
7.15.1 Company overview
Transparency Market Research
11
Pyrrolidone Market
7.15.2 Product portfolio
7.15.3 Business strategies
Browse All Chemical Market Research Reports:
http://www.transparencymarketresearch.com/chemical-market-reports-2.html
About Us
Transparency Market Research is a market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
proprietary data sources and various tools and techniques to gather, and analyze information. Our
business offerings represent the latest and the most reliable information indispensable for businesses to
sustain a competitive edge.
Contact
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: [email protected]
Website: http://www.transparencymarketresearch.com/
Linkedin : https://www.linkedin.com/today/author/430748012
Browse The Market Research Blog :
http://globalresearchanalysis.blogspot.in/
Transparency Market Research
12

Pyrrolidone is a liquid that finds extensive applications on account of its hygroscopic properties. A hygroscopic material is one that attracts and absorbs moisture from its immediate environment. Pyrrolidone is commonly used for extracting and dehumidifying natural gas from crude oil mixtures. As energy-hungry developed and developing countries spur a high demand for natural gas, the demand for pyrrolidone has witnessed a steep incline in several regions worldwide.