futurechemical on GETTR : N-methyl Pyrrolidone (NMP) Industry Size,
Share, Demand & Growth by 2033
The global N-methyl
pyrrolidone ind...
N-methyl Pyrrolidone (NMP) Industry Size,
Share, Demand & Growth by 2033
The global N-methyl
pyrrolidone industry is forecast to expand at 4.6% CAGR over the
forecast period, as per FMI’s analysis. The industry’s size is predicted to
surge from US$ 979.9 million in 2023 to US$ 1,536.4 million by 2033.
Extensive growth in the petrochemical industry is
projected to catalyze the demand for NMP in the next decade. In addition, the
demand for chemicals from the electronic industry is also forecasted to
escalate.
The electronic industry is flourishing on account of
the surging production of consumer electronic products.
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