Pyrrolidone Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Pyrrolidone Market is Segmented by Type (1-Methyl-2-Pyrrolidone, 2-Pyrrolidone, N-Methyl-2-Pyrrolidone, and Other Types), Application (Solvents, De-colorants, Plasticizers, and Other Applications), End-user Industry (Electronics, Cosmetics, Chemical Processing, Pharmaceutical, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Pyrrolidone Market Size

Pyrrolidone Market

Pyrrolidone Market Analysis

The Pyrrolidone Market is expected to register a CAGR of 4% during the forecast period.

  • The development of 2-Pyrrolidone derivatives as pharmaceutical drugs is expected to offer various opportunities for the growth of the market.
  • The chemical processing and cosmetics sectors are likely to be the dominant segments, in terms of demand, over the forecast period.
  • Asia-Pacific dominates the market across the world, with the largest consumption from countries, such as China, Japan, South Korea, and India.

Pyrrolidone Industry Overview

The pyrrolidone market is fragmented with the presence of both international and domestic players. The major companies include BASF SE, Ashland, Eastman Chemical Company, Johnson Matthey, and Mitsubishi Chemical Corporation.

Pyrrolidone Market Leaders

  1. BASF SE

  2. Ashland

  3. Eastman Chemical Company

  4. Johnson Matthey

  5. Mitsubishi Chemical Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Market Concentration - Pyrrolidone Market.PNG
Need More Details on Market Players and Competiters?
Download PDF

Pyrrolidone Market Report - Table of Contents

1. Introduction

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Dynamics

  • 4.1 Drivers
    • 4.1.1 Increasing Demand from Chemical Processing Indsutry
    • 4.1.2 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Health Hazards Caused by N-Methyl-2-Pyrrolidone
    • 4.2.2 Unfavorable Conditions Arising Due to the COVID-19 Outbreak
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porters Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition
  • 4.5 Technological Snapshot
  • 4.6 Regulatory Policies

5. Market Segmentation

  • 5.1 Type
    • 5.1.1 1-Methyl-2-Pyrrolidone
    • 5.1.2 2-Pyrrolidone
    • 5.1.3 N-Methyl-2-Pyrrolidone
    • 5.1.4 Other Types
  • 5.2 Application
    • 5.2.1 Solvent
    • 5.2.2 Decolorant
    • 5.2.3 Plasticizers
    • 5.2.4 Other Applications
  • 5.3 End-user Industry
    • 5.3.1 Electronics
    • 5.3.2 Cosmetics
    • 5.3.3 Chemical Processing
    • 5.3.4 Pharmaceuticals
    • 5.3.5 Other End-user Industries
  • 5.4 Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Mexico
    • 5.4.2.3 Canada
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 Italy
    • 5.4.3.4 France
    • 5.4.3.5 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle-East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle-East and Africa

6. Competitive Landscape

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)/Ranking Analysis**
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Arkema Group
    • 6.4.2 Ashland
    • 6.4.3 BASF SE
    • 6.4.4 Chemex Organochem Pvt. Ltd
    • 6.4.5 Covestro AG
    • 6.4.6 DuPont
    • 6.4.7 Eastman Chemical Company
    • 6.4.8 Huntsman Corporation
    • 6.4.9 INEOS Composites
    • 6.4.10 Johnson Matthey
    • 6.4.11 LyondellBasell
    • 6.4.12 Merck KGaA
    • 6.4.13 Mitsubishi Chemical Corporation
  • *List Not Exhaustive

7. Market Opportunities and Future Trends

  • 7.1 Development of 2-Pyrrolidone Derivatives as Pharmaceutical Drugs
  • 7.2 Others
**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Pyrrolidone Industry Segmentation

The scope of the pyrrolidone market report includes:

Type 1-Methyl-2-Pyrrolidone
2-Pyrrolidone
N-Methyl-2-Pyrrolidone
Other Types
Application Solvent
Decolorant
Plasticizers
Other Applications
End-user Industry Electronics
Cosmetics
Chemical Processing
Pharmaceuticals
Other End-user Industries
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Mexico
Canada
Europe Germany
United Kingdom
Italy
France
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region or Segment?
Customize Now

Pyrrolidone Market Research FAQs

What is the current Pyrrolidone Market size?

The Pyrrolidone Market is projected to register a CAGR of 4% during the forecast period (2025-2030)

Who are the key players in Pyrrolidone Market?

BASF SE, Ashland, Eastman Chemical Company, Johnson Matthey and Mitsubishi Chemical Corporation are the major companies operating in the Pyrrolidone Market.

Which is the fastest growing region in Pyrrolidone Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Pyrrolidone Market?

In 2025, the Asia Pacific accounts for the largest market share in Pyrrolidone Market.

What years does this Pyrrolidone Market cover?

The report covers the Pyrrolidone Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Pyrrolidone Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Pyrrolidone Industry Report

Statistics for the 2025 Pyrrolidone market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. Pyrrolidone analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Pyrrolidone Market Report Snapshots

Compare market size and growth of Pyrrolidone Market with other markets in Chemicals & Materials Industry

Pyrrolidone Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)