The global GLB and NMP market size is expected to reach $ 2597 million by 2032, rising at a market growth of 10.1% CAGR during the forecast period (2026-2032).
N-Methyl-2-pyrrolidone (NMP) is an important polar solvent with strong selectivity and stability. It is a colorless oily liquid and has slight amine odor, which can be soluble in water, alcohols, ethers, esters, ketones, halogenated hydrocarbons, aromatics and castor oil.
NMP has the advantages of low toxicity, high boiling point, high solubility, etc.
NMP has wide applications in electronics, pharmaceuticals, Chemical, petrochemical processing and others.
γ-Butyrolactone (GBL) is a hygroscopic colorless, water-miscible liquid with a weak characteristic odor. It is the simplest 4-carbon lactone. It is mainly used as an intermediate in the production of other chemicals, e.g. methyl-2-pyrrolidone.
Global GLB and NMP key players include Synmiway Chemical, BASF, Yuneng Chemical, etc. Global top three manufacturers hold a share over 50%.
Asia-Pacific is the largest market, with a share about 75%, followed by Europe, and North America, both have a share over 15 percent.
In terms of product, NMP is the largest segment, with a share over 85%. And in terms of application, the largest application is Electronics, followed by Pharmaceuticals, etc.
This report studies the global GLB and NMP production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for GLB and NMP and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of GLB and NMP that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global GLB and NMP total production and demand, 2021-2032, (K MT)
Global GLB and NMP total production value, 2021-2032, (USD Million)
Global GLB and NMP production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)
Global GLB and NMP consumption by region & country, CAGR, 2021-2032 & (K MT)
U.S. VS China: GLB and NMP domestic production, consumption, key domestic manufacturers and share
Global GLB and NMP production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)
Global GLB and NMP production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
Global GLB and NMP production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
This report profiles key players in the global GLB and NMP market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, Mitsubishi Chemical, Londellbasell, Ashland, Eastman, Synmiway Chemical, MYI Chemical, Yuneng Chemical, Ganzhou Zhongneng, Guangming Chemicals, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World GLB and NMP market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global GLB and NMP Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global GLB and NMP Market, Segmentation by Type:
GBL
NMP
Global GLB and NMP Market, Segmentation by Application:
Electronics
Pharmaceuticals
Chemical
Others
Companies Profiled:
BASF
Mitsubishi Chemical
Londellbasell
Ashland
Eastman
Synmiway Chemical
MYI Chemical
Yuneng Chemical
Ganzhou Zhongneng
Guangming Chemicals
Ruian Chemical
Key Questions Answered:
1. How big is the global GLB and NMP market?
2. What is the demand of the global GLB and NMP market?
3. What is the year over year growth of the global GLB and NMP market?
4. What is the production and production value of the global GLB and NMP market?
5. Who are the key producers in the global GLB and NMP market?
6. What are the growth factors driving the market demand?
Summary:
Get latest Market Research Reports on GLB and NMP. Industry analysis & Market Report on GLB and NMP is a syndicated market report, published as Global GLB and NMP Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of GLB and NMP market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.