Global Market for Pyrrolidone to Reach 2.50 Billion by 2020, Growing at CAGR of 6.0% by 2020
Pyrrolidone is an organic compound produced by treating butyrolactone with ammonia. It is a colorless liquid, utilized for dehumidifying liquids. It is extensively employed to extract natural gas from the mixture of crude oil due to its dehumidifying property. The global pyrrolidone market is growing rapidly due to the increasing demand of natural gas in developed as well as the developing countries. Different application sector in which pyrrolidone is used extensively are production of SBR latex, lube oil processing, metal...
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