The number of companies involved is increasing, and competition in the N-methylpyrrolidone market is intensifying.

N-methylpyrrolidone, abbreviated as NMP, is a polar aprotic solvent that appears as a colorless to light yellow transparent liquid with an amine-like gas. NMP has good thermal and chemical stability, is miscible with water, and is soluble in most organic solvents such as ether, acetone, and chloroform. my country’s NMP industry started in the 1990s. In recent years, with the increase of domestic enterprises, my country’s NMP production capacity has steadily increased.

As a chemical raw material, NMP has a wide range of applications and can be used to produce extractants, antifreezes, herbicides, cleaning agents, dye auxiliaries, dispersants and other products. According to different application fields, NMP can be divided into four levels: microelectronic grade NMP, electronic grade NMP, pharmaceutical grade NMP and industrial grade NMP. Among them, microelectronic grade NMP is mainly used in the high-end microelectronics industry, such as semiconductors, carbon nanotubes, Liquid crystal, etc.; electronic grade NMP is mainly used in lithium-ion batteries, insulation materials, integrated circuits and other industries.

According to the “2021-2025 China N-methylpyrrolidone (NMP) industry market in-depth research and development trend forecast research report” shows that at this stage, my country’s NMP industry has entered a stage of rapid development. With the expansion of downstream application fields and the increase in the number of production companies, the scale of my country’s NMP market continues to expand. Due to the low entry threshold of the NMP industry, there are a large number of domestic NMP manufacturers. At this stage, my country’s NMP manufacturers mainly include Changxin Chemical, Maiqi Chemical, Yuneng Chemical, etc.

In the international market, leading NMP manufacturers mainly include Ashland of the United States, Mitsubishi Chemical of Japan, BASF of Germany, LyondellBasell of Belgium, etc. Due to the strong technology research and development capabilities of leading enterprises and their long time in the industry, they have strong advantages in technology, channels, It has great competitive advantages in terms of scale and brand. Competition in the NMP market is fierce. In recent years, with the rise of domestic companies, the market share of domestic NMP has been increasing.

NMP is one of the main raw materials for lithium-ion batteries. It has a direct impact on the slurry coating quality and environmental performance of lithium-ion batteries. Among the manufacturing costs of lithium-ion batteries, NMP costs account for about 5%. In recent years, under the general trend of environmental protection, the new energy vehicle industry has developed rapidly, driving the expansion of the lithium-ion battery market. At this stage, my country has become a major lithium-ion battery production country. Thanks to the continuous release of market demand, my country’s NMP market will maintain a growth rate higher than the global average in the future, and there is huge room for industry development in the future.

Industry analysts said that at this stage, my country’s NMP market is in a stage of rapid development, and companies that are attracted by the good market prospects are deploying in this market. The number continues to increase, and competition in the NMP market will gradually intensify in the future. In the international market, foreign companies still occupy a major share of the market with their advantages in technology, quality, brand, etc. In contrast, Chinese companies have a lower proportion of the international market and have greater room for future development.