The Global 2-Pyrrolidone Market was valued at USD 173.5 Million in 2023 and is projected to reach USD 268.8 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period. This robust expansion is fueled by rising demand from key end-use industries such as pharmaceuticals, agrochemicals, and electronics, alongside significant technological advancements in production processes.

As a versatile solvent and intermediate, 2-Pyrrolidone is critical for manufacturing high-performance polymers, specialty chemicals, and pharmaceutical ingredients. This growth trajectory highlights the strategic importance of the key chemical producers who are scaling capacities, innovating in high-purity grades, and expanding their global footprint. In this analysis, we profile the Top 10 Companies in the 2-Pyrrolidone Market—a group of established chemical giants and specialized manufacturers shaping the future of this essential chemical.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: High-Purity 2-Pyrrolidone, N-Methyl-2-pyrrolidone (NMP)

BASF is a global leader in the chemicals sector and a major producer of 2-Pyrrolidone and its derivatives. The company’s integrated production facilities and strong R&D focus ensure a consistent supply of high-purity grades essential for demanding applications in pharmaceuticals and electronics.

Innovation and Strategic Focus:

• Investment in bio-based routes for pyrrolidone production

• Strong global supply chain for pharmaceutical and agrochemical customers

• Commitment to sustainable chemistry and reducing environmental footprint

Download FREE Sample Report: 2-Pyrrolidone Market – View in Detailed Research Report

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9️⃣ 2. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: High-Purity 2-Pyrrolidone, NVP Monomer

Mitsubishi Chemical Corporation is a key player in the Asian 2-Pyrrolidone market, with significant production capacity and a focus on high-value applications. The company is instrumental in supplying the electronics industry for photoresists and the pharmaceutical sector for drug formulation.

Innovation and Strategic Focus:

• Development of ultra-high-purity grades for semiconductor manufacturing

• Expansion of derivative products like Polyvinylpyrrolidone (PVP)

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8️⃣ 3. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: 2-Pyrrolidone, NMP, specialty solvents

Eastman Chemical is a prominent North American producer with a strong portfolio of advanced solvents and intermediates. Its 2-Pyrrolidone products are critical for the agrochemical sector in pesticide formulation and for the production of engineering plastics.

Innovation and Strategic Focus:

• Focus on circular economy and solvent recycling technologies

• Strategic partnerships with downstream manufacturers in coatings and inks

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7️⃣ 4. Ashland Global Holdings Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Pharmaceutical-grade 2-Pyrrolidone, PVP polymers

Ashland specializes in high-performance chemicals and is a significant supplier of pharmaceutical-grade 2-Pyrrolidone. The company’s expertise lies in producing exceptionally pure material that meets strict pharmacopeia standards for use in drug delivery systems.

Innovation and Strategic Focus:

• Leadership in pharmaceutical excipients and specialty additives

• Investment in R&D for novel polymer applications

Download FREE Sample Report: 2-Pyrrolidone Market – View in Detailed Research Report

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6️⃣ 5. LyondellBasell Industries N.V.

Headquarters: Rotterdam, Netherlands
Key Offering: 2-Pyrrolidone, upstream chemical intermediates

As one of the world’s largest plastics, chemicals, and refining companies, LyondellBasell produces 2-Pyrrolidone as part of its broad intermediate chemicals portfolio. Its scale and integrated operations provide a competitive advantage in cost and supply reliability.

Innovation and Strategic Focus:

• Optimization of production processes for greater efficiency

• Leveraging large-scale manufacturing for global distribution

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5️⃣ 6. Hefei TNJ Chemical Industry Co., Ltd.

Headquarters: Hefei, Anhui, China
Key Offering: Technical and High-Purity 2-Pyrrolidone

Hefei TNJ Chemical is a leading Chinese manufacturer and exporter of 2-Pyrrolidone, serving both domestic and international markets. The company is known for its competitive pricing and ability to cater to a wide range of purity requirements.

Innovation and Strategic Focus:

• Rapid scaling of production capacity to meet growing Asian demand

• Expansion into custom synthesis and specialty chemical offerings

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4️⃣ 7. NIPPON SHOKUBAI CO., LTD.

Headquarters: Osaka, Japan
Key Offering: High-function 2-Pyrrolidone, Acrylic acid derivatives

NIPPON SHOKUBAI is a Japanese chemical company with a strong focus on functional chemicals. Its production of 2-Pyrrolidone is closely linked to its leadership in superabsorbent polymers and other advanced materials.

Innovation and Strategic Focus:

• Development of eco-friendly production technologies

• Strategic focus on high-growth applications in Asia-Pacific

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3️⃣ 8. Zhejiang Realsun Chemical Co., Ltd.

Headquarters: Taizhou, Zhejiang, China
Key Offering: 2-Pyrrolidone, NVP, PVP K-series

Zhejiang Realsun Chemical is a specialized manufacturer in China with a vertically integrated production chain for 2-Pyrrolidone and its key derivatives. The company is a major supplier to the textile, coating, and adhesive industries.

Innovation and Strategic Focus:

• Vertical integration from gamma-butyrolactone (GBL) to PVP

• Focus on cost-effective manufacturing for price-sensitive markets

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2️⃣ 9. Balaji Amines Ltd.

Headquarters: Hyderabad, India
Key Offering: 2-Pyrrolidone, Aliphatic Amines

Balaji Amines is a leading Indian manufacturer of specialty amines and their derivatives, including 2-Pyrrolidone. The company plays a crucial role in supplying the domestic Indian market for agrochemicals and pharmaceuticals, benefiting from strong local demand.

Innovation and Strategic Focus:

• Backward integration to secure raw material supply

• Capitalizing on the ‘Make in India’ initiative for chemical production

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1️⃣ 10. Huangshan Basihui Chemical Auxiliary Co., Ltd.

Headquarters: Huangshan, Anhui, China
Key Offering: Technical Grade 2-Pyrrolidone, Solvents

Huangshan Basihui is a significant Chinese producer focusing on chemical auxiliaries and solvents. The company supplies 2-Pyrrolidone primarily for industrial applications such as dyes, pigments, and agrochemical formulations.

Innovation and Strategic Focus:

• Specialization in chemical auxiliaries for niche industrial applications

• Strong distribution network within China and for export markets

Get Full Report Here: 2-Pyrrolidone Market – View in Detailed Research Report

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🌍 Outlook: The Future of 2-Pyrrolidone is High-Purity and Sustainable

The 2-Pyrrolidone market is experiencing a significant transformation. While traditional applications in agrochemicals and resins continue to drive volume, the industry is increasingly focused on developing ultra-high-purity grades for pharmaceuticals and electronics, alongside investing in greener production methods.

📈 Key Trends Shaping the Market:

• Growing demand for pharmaceutical-grade 2-Pyrrolidone in drug delivery systems

• Increased consumption in electronics for photoresist stripping and lithium-ion battery binders

• Shift towards bio-based production routes to enhance sustainability

• Geographic expansion of production capacities, particularly in China and India

Get Full Report Here: 2-Pyrrolidone Market – View in Detailed Research Report

The companies profiled above are not only supplying a critical chemical intermediate—they are enabling innovation across multiple high-growth industries, from life-saving pharmaceuticals to advanced electronics.