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 (2024–2030). This robust growth is primarily driven by its extensive applications in agrochemicals, pharmaceuticals, and high-performance polymers, alongside increasing demand for environmentally friendly solvents and advanced material solutions.

As industries worldwide pivot towards more sustainable and efficient chemical processes, the role of key producers of 2-Pyrrolidone (2-P) becomes increasingly critical. This versatile solvent and precursor is essential for manufacturing a wide array of products. In this blog, we profile the Top 10 Companies in the 2-Pyrrolidone Industry—a group of chemical giants and specialized manufacturers shaping the supply chain and technological advancements of this vital 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 chemical industry and a major producer of 2-Pyrrolidone. The company’s integrated production facilities and strong R&D capabilities allow it to supply high-quality 2-P for a wide range of applications, including pharmaceuticals, agrochemicals, and electronics.

Innovation & Sustainability Focus:

• Development of closed-loop recycling processes for solvent recovery.
• Investment in bio-based routes for pyrrolidone production.
• Strong commitment to product stewardship and regulatory compliance.

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9️⃣ 2. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: High-Purity 2-Pyrrolidone, Specialty Chemicals

Mitsubishi Chemical Corporation is a key player in the Asian market, producing high-purity 2-Pyrrolidone for demanding applications. The company leverages its advanced chemical synthesis expertise to serve the electronics, battery, and pharmaceutical sectors.

Innovation & Sustainability Focus:

• Focus on ultra-high purity grades for lithium-ion battery binders.
• Expansion of production capacity to meet growing regional demand.
• Integration of sustainable practices across its manufacturing value chain.

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8️⃣ 3. Eastman Chemical Company

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

Eastman is a prominent North American producer of 2-Pyrrolidone, offering it as part of its broad portfolio of specialty chemicals and intermediates. The company serves diverse markets, including coatings, industrial cleaners, and agrochemicals.

Innovation & Sustainability Focus:

• Development of safer solvent alternatives and blends.
• Emphasis on circular economy principles for chemical production.
• Strategic partnerships with downstream users for application development.

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2-Pyrrolidone Market – View in Detailed Research Report

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7️⃣ 4. Ashland Global Holdings Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Pharmaceutical-grade 2-Pyrrolidone, Specialty Additives

Ashland is a leading global specialty chemicals company with a significant presence in the 2-Pyrrolidone market. Its products are critical components in pharmaceuticals (as a solvent and reaction medium), personal care, and synthetic fibers.

Innovation & Sustainability Focus:

• Strong focus on compliance with pharmaceutical excipient standards (USP/EP).
• Investment in green chemistry initiatives for solvent production.
• Providing technical support for customer formulation challenges.

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6️⃣ 5. LyondellBasell Industries N.V.

Headquarters: Houston, Texas, USA / Rotterdam, Netherlands
Key Offering: 2-Pyrrolidone, Chemical Intermediates

As one of the world’s largest plastics, chemicals, and refining companies, LyondellBasell produces 2-Pyrrolidone as a key intermediate. Its large-scale manufacturing capabilities ensure a reliable supply for the global market, particularly for polymer and resin production.

Innovation & Sustainability Focus:

• Optimization of production processes for greater energy efficiency.
• Commitment to reducing the carbon footprint of its chemical operations.
• Exploring renewable feedstocks for future production.

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5️⃣ 6. Zhangjiagang Huachang Chemical Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: 2-Pyrrolidone, NVP, PVP

Zhangjiagang Huachang is a major Chinese manufacturer specializing in the pyrrolidone series, including 2-Pyrrolidone and its derivatives like N-Vinylpyrrolidone (NVP) and Polyvinylpyrrolidone (PVP). The company is a crucial supplier in the Asia-Pacific region.

Innovation & Sustainability Focus:

• Vertical integration from basic chemicals to high-value PVP.
• Continuous capacity expansion to capture growing market share.
• Focus on cost-competitive production for global export markets.

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4️⃣ 7. Hefei TNJ Chemical Industry Co., Ltd.

Headquarters: Hefei, Anhui, China
Key Offering: 2-Pyrrolidone, Fine Chemicals

Hefei TNJ Chemical is a specialized chemical supplier and producer with a strong focus on the 2-Pyrrolidone market. The company exports its products worldwide, serving industries such as pesticides, inks, and pharmaceuticals.

Innovation & Sustainability Focus:

• Maintaining a diverse portfolio of fine chemicals and intermediates.
• Ensuring consistent quality for international customers.
• Adapting to evolving global chemical regulations.

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3️⃣ 8. Hefi Evergreen Chemical Industry Co., Ltd.

Headquarters: Hefei, Anhui, China
Key Offering: 2-Pyrrolidone, Chemical Intermediates

Another key player based in China’s major chemical hub, Hefei Evergreen, produces 2-Pyrrolidone for both domestic consumption and the international market. The company plays a significant role in the regional supply chain for agrochemical and resin manufacturers.

Innovation & Sustainability Focus:

• Investment in production technology to improve yield and purity.
• Building long-term partnerships with global distributors.
• Focusing on the growing demand from the Asian electronics sector.

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2-Pyrrolidone Market – View in Detailed Research Report

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2️⃣ 9. NKY Pharma Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: Pharmaceutical-grade 2-Pyrrolidone, API Intermediates

NKY Pharma specializes in high-purity chemicals for the pharmaceutical industry, including 2-Pyrrolidone. The company’s stringent quality control makes it a preferred supplier for drug manufacturers requiring excipients and synthesis solvents that meet rigorous standards.

Innovation & Sustainability Focus:

• Dedication to cGMP (Current Good Manufacturing Practice) standards.
• R&D focused on novel applications of pyrrolidones in drug delivery.
• Ensuring traceability and documentation for pharmaceutical clients.

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1️⃣ 10. Hangzhou J&H Chemical Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: 2-Pyrrolidone, Research Chemicals

Hangzhou J&H Chemical is a global supplier of fine chemicals, including 2-Pyrrolidone, catering to research institutions, pharmaceutical companies, and industrial clients. The company is known for its reliable supply chain and customer-centric approach.

Innovation & Sustainability Focus:

• Providing custom synthesis and packaging services.
• Supporting R&D activities in academia and industry with high-quality materials.
• Maintaining a broad international distribution network.

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

The 2-Pyrrolidone market is poised for sustained growth, propelled by its irreplaceable role in several high-growth industries. While traditional applications in agrochemicals and resins continue to provide a stable demand base, the future lies in high-value, specialized applications and the adoption of greener production technologies.

📈 Key Trends Shaping the Market:

• Increasing demand for high-purity grades in lithium-ion battery electrode binders.
• Growing pharmaceutical industry reliance on 2-P as a versatile solvent and API intermediate.
• Shift towards bio-based and recycled solvent streams to meet sustainability goals.
• Stringent environmental regulations driving innovation in solvent recovery and recycling systems.

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

The companies listed above are not only supplying a critical chemical intermediate—they are actively investing in the innovation and sustainability that will define the next generation of chemical manufacturing.