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Introducing N-METHYL-2-PYRROLIDONE (NMP)

  August 23, 2021
N-METHYL-2-PYRROLIDONE (NMP)
 
Attributes and Applications
N-Methyl-2-pyrrolidone is biodegradable and recyclable by distillation hence has attracted the market. Global N-Methyl-2-pyrrolidone (NMP) Market was valued at USD 565.87 Million in 2018 and is projected to reach USD 936.16 Million by 2026, growing at a CAGR of 6.51 % from 2018 to 2026.NMP is a polar solvent colourless oily liquid and has slight amine odour, which can be soluble in water, alcohols, ethers, esters, ketones, halogenated hydrocarbons, aromatics and castor oil.NMP is used in various industrial applications such as recovery of certain hydrocarbons generated in the processing of petrochemicals, graffiti removal, photoresist stripping, water borne coatings petrochemicals, paints & coatings, electronics, pharmaceuticals and agrochemicals.
 
Current Europe Situation
The escalating demand for lithium-ion batteries is paving the way for the use of NMP and creating new revenue prospects for the market players.The COVID-19 pandemic has halted the production of these batteries and cleaners, creating a challenge ahead of the market. However, this phase is expected to last soon with the upsurge in general business and industrial activities.The market in Europe is expected to exhibit a high growth rate in the coming years on the back of the flourishing electronics industry. Germany is expected to emerge as a global leader in the market with high rates of manufacturing and export of electronic products. As part of the new emerging geographic scenario, within Europe, Germany will add over US$8.9 Million to the region's size over the next 7 to 8 years. In addition, over US$8.7 Million worth of projected demand in the region will come from Rest of European markets.
 
Handling and Storage
NMP is considered a combustible material. Handling facilities and equipment should be designed to minimize the probability of fire and should be provided with proper fire-fighting equipment. Chemical splash goggles should be worn when handling it. If NMP enters the eye, flush with water for at least 15 minutes, and consult a physician.NMP samples are safely stored in clear glass bottles or steel cans with sufficient vapour space to allow for thermal expansion. Bottles should be stored in a controlled temperature environment.Waste NMP should be stored in approved safetytype disposal cans that are properly labelled as to their contents and hazard. 
 
Bloomchemag offerings 
Bloomchemag imports NMPin bulk 22 ton each ISO Tank Containers, stores in Port of Antwerp for prompt supplies to its European Customers. We are more than just a chemical supplier. When it comes to solvent delivery, we act as a consultant, offering solutions that fit your existing demands while also quickly delivering new solutions if and when your solvent requirements alter. Our backbones are cost-effectiveness, timeliness, product support, and quality control.
 
For more information and to discuss your requirements, please write or talk to us:
marketing@bloomchemag.com; info@bloomchemag.com
 
Contact no: +91 72919 74482/ +91 98713 71594
 
Also look for other offerings from our product portfolio on: 
https://www.bloomchemag.com
 
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