Pyrrolidone,Market,Size,Indust business, insurance Pyrrolidone Market Size,Industry Analysis 2016-2020 by Marke

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Zion Research has published a new report titled “Pyrrolidone (2-Pyrrolidone, N-Methylpyrrolidone, N-Vinylpyrrolidone, N-Octylpyrrolidone) Market for Recovery of Pure Hydrocarbons, Paints and Coatings, Desulfurization of Gases, Plastics, Agrochemicals and Others Applications - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020”. According to the report, global pyrrolidone market was valued at around USD 1.75 billion in 2014 and is expected to reach USD 2.50 billion in 2020, growing at a CAGR of around 6.0% between 2015 and 2020. In terms of volume, the global pyrrolidone market stood at above 460 kilo tons in 2014. Browse the full "Pyrrolidone (2-Pyrrolidone, N-Methylpyrrolidone, N-Vinylpyrrolidone, N-Octylpyrrolidone) Market for Recovery of Pure Hydrocarbons, Paints and Coatings, Desulfurization of Gases, Plastics, Agrochemicals and Others Applications - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020" report at http://www.marketresearchstore.com/report/pyrrolidone-market-z49317Pyrrolidone market is mainly driven by strong demand for natural gases from different countries worldwide. Pyrrolidone is used for recovery of pure hydrocarbons in petrochemical processing. The desulfurization of gases is the major application in which pyrrolidone is widely used. Pyrrolidone posses a broad range of applications in different industries such as paints and coatings, agrochemical, plastics etc., which boost the pyrrolidone market. Growing demand for medicines simultaneously increased the use of pyrrolidone as an intermediate for the synthesis of pharmaceuticals is expected to escalate demand for this compound in the years to come. However, health issues caused due to this chemical is expected to hamper growth of pyrrolidone market.On the basis of product type pyrrolidone market can be segmented into 2-pyrrolidone, N-methylpyrrolidone, N-vinylpyrrolidone, N-octylpyrrolidone. N-methylpyrrolidone was the largest product segment in 2014 and accounted for over 70% share of the total volume consumed. Owing to the use of N-methylpyrrolidone in various end-use sectors such as paints and coatings, automobile and plastics it is expected to maintain its dominance in the forecast period.  N-vinylpyrrolidone was the second largest product segment of the global pyrrolidone market in 2014. However, N-octylpyrrolidone is expected to exhibit rapid growth owing to demand from chemicals, pesticides and fertilizers industry.Key application markets for pyrrolidone include recovery of pure hydrocarbons, paints and coatings, desulfurization of gases, plastics, agrochemicals and others applications such as including pharmaceuticals, electronics, etc. Recovery of pure hydrocarbons in petrochemical processing was the largest application segment for pyrrolidone in 2014, which accounted for about 25% of global consumption in 2014. Additionally, desulfurization of gases is also expected to fuel demand of pyrrolidone over the next few years. Desulfurization of gases application was the second largest application segment of pyrrolidone market.Pyrrolidone market was dominated by Asia Pacific accounted with around 40% share in total 2014. North America and Europe was another major consumer of pyrrolidone.. Asia Pacific is expected to further complement pyrrolidone demand in the region due to increasing pharmaceuticals production in India and China.Key players operating in this market includes Ashland Inc, BASF SE, J&K Chemical Ltd, Abtonsmart Chemical Co., Ltd., Hefei TNJ Chemical Industry Co., Ltd., NIPPON SHOKUBAI Co., Ltd., Balaji Amines Ltd., and LyondellBasell Industries.Sample Report @  http://goo.gl/s7vhilThe report segments the global pyrrolidone market into:Global Pyrrolidone Market: Product Segment Analysis2-PyrrolidoneN-MethylpyrrolidoneN-VinylpyrrolidoneN-OctylpyrrolidoneGlobal Pyrrolidone Market: Application Segment AnalysisRecovery of pure hydrocarbonsPaints and coatingsDesulfurization of gasesPlasticsAgrochemicalsOthers (Including pharmaceuticals, electronics, etc.)Global Pyrrolidone Market: Regional Segment AnalysisNorth AmericaU.S.EuropeUKFranceGermanyAsia PacificChinaJapanIndiaLatin AmericaBrazilMiddle East & AfricaContact US:Joel John 3422 SW 15 Street,Suit #8138 Deerfield Beach,Florida 33442 United States Toll Free: +1-855-465-4651 (USA-CANADA) Tel: +1-386-310-3803 Email: [email protected] Website: http://www.marketresearchstore.com