N-Ethyl-2-Pyrrolidone Market Shares, Strategies and Forecast Worldwide, 2015 to 2025

N-Ethyl-2Pyrrolidone
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015– 2025
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Description
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N-Ethyl-2-Pyrrolidone, commonly referred to as NEP, is a highly polar aprotic solvent having a
chemical structure C6H11NO. The chemical, depending on the application, is used either as a
catalyst or a surfactant or as a solvent. This highly stable weak alkaline organic solvent exhibits
complete miscibility in water and is soluble in organic solvents. Moreover, N-Ethyl-2-Pyrrolidone
is a colourless to yellow liquid characterized by an amine like odour and is used in certain
chemical reactions involving hydrolysis, condensation, polymerization among others. NEP often
finds application as a substitute for N-Methyl-2-Pyrrolidone (NMP) which is used on a wider
scale across diverse industries. NEP is consumed by diverse industries such as paints & coatings,
industrial cleaners, petrochemical processing, desulfurization of gases, among others.
N-Ethyl-2-Pyrrolidone Market: Drivers & Restraints
The use of NMP in applications such as in paints & coatings and industrial cleaners which involve
prolonged exposure to the chemical has been under scrutiny by regulatory bodies such as
Environmental Protection Agency (EPA) - US and European Chemical Agency (ECHA). It has been
identified as a reproductive toxin and as such its use in these applications is expected to witness
stringent regulations and/or restrictions. NEP, which exhibited properties similar to those of
NMP was considered an apt replacement for NMP. However, NEP too has been classified as a
reproductive toxin, as such, its use in certain applications is expected to witness the same fate as
that of NMP.
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Description
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However, the growth of end use industries is likely to result in growth in demand for NEP. These
aforementioned factors in turn are expected to result in a sluggish growth of global N-Ethyl-2Pyrrolidone market over the forecast period.
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N-Ethyl-2-Pyrrolidone Market: Segmentation
On the basis of end use industries, global N-Ethyl-2-Pyrrolidone market can be segmented into
following key market segments:
• Paints & Coatings
• Industrial Cleaners
• Pharmaceuticals
• Electronics
• Petrochemical Processing
• Others
Global N-Ethyl-2-Pyrrolidone market is expected to witness a sluggish growth in application
areas such as paints & coatings and Industrial cleaners segment.
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N-Ethyl-2-Pyrrolidone Market: Region-wise Outlook
On the basis of geographic regions, global N-Ethyl-2-Pyrrolidone market is segmented into seven
key market segments namely North America, Latin America, Western Europe, Eastern Europe,
Asia Pacific, Japan, and Middle East & Africa. The growth of end use industries, especially in
developing countries in Asia Pacific is expected to pave way for the growth of global N-Ethyl-2Pyrrolidone market value in these regions. The region (Asia Pacific) also accounts for a major
share in N-Ethyl-2-Pyrrolidone production capaicty.
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N-Ethyl-2-Pyrrolidone Market: Key Players
Some of the identified major participants of the global N-Ethyl-2-Pyrrolidone market are as
follows:
BASF SE
Ashland Inc.
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