Global N-Methyl-2-Pyrrolidone Market Will Witness a Steady CAGR of 4.7% Between 2015-2020
N-Methyl-2-Pyrrolidone, also known as N-Methylpyrrolidone or simply NMP, is an organic, colourless, polar aprotic solvent characterised by relatively lower volatility and higher flame point. It is obtained through the process of condensation of gamma butyrolactone and monomethylamine. The exceptional properties exhibited by N-Methyl-2-Pyrrolidone have rendered it useful in a variety of applications across diverse industries, such as electronics, petrochemical processing, agrochemicals, pharmaceuticals, paints & coatings, industrial cleaners among others. Of the US$ 3.2 trillion global chemicals market, NMP accounted for...
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