The Global GBL and NMP Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

NMP and GBL are mainly used in new energy industries such as lithium ion battery and new materials such as arron, polyphenylene sulfide and polyimide.In the production of lithium ion battery, NMP is used to prepare the positive electrode material, binder and other materials to prepare the lithium ion battery.
The quality of NMP as a solvent directly affects the quality of pulping and coating of lithium ion battery and the requirement of environmental protection.As Chinas economic transition period to the requirement of the industrial structure adjustment, new energy and new material industry have strong support from a macro level, the lithium ion battery and aramid fiber macromolecule new material demand rapid growth, the increase of the downstream market demand will be directly drive as the demand of auxiliary materials such as NMP solvent.
In the global GBL and NMP Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
This report focuses on GBL and NMP volume and value at the global level, regional level and company level. From a global perspective, this report represents overall GBL and NMP market size by analysing historical data and future prospect.

In Market segmentation by manufacturers, the report covers the following companies-
BASF
Mitsubishi Chemical Corporation
Ashland
Lyondellbasell
Eastman
Abtonsmart Chemical Group
Tokyo Chemical Industry
MYJ Chemical
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
N-Methyl-2-pyrrolidone (NMP)
Gamma Butyrolactone (GBL)
In Market segmentation by applications :
Battery
Spices
Pharmaceutical
Chemical
Other

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the GBL and NMP Market for the forecast period 2023 - 2030?
• What are the driving forces in the GBL and NMP Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the GBL and NMP industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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