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 being driven by the compound’s versatile applications across pharmaceuticals, agrochemicals, and electronics, coupled with rising demand for high-purity solvents and polymer intermediates in emerging economies.

As industries worldwide shift towards high-performance materials and advanced manufacturing processes, the spotlight is on the key chemical producers who are driving innovation, supply chain efficiency, and product quality. In this blog, we profile the Top 10 Companies in the 2-Pyrrolidone Industry—a mix of global chemical giants and specialized manufacturers shaping the future of this essential solvent.

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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 and its derivatives. The company’s integrated production facilities and strong R&D focus ensure a consistent supply of high-quality solvents for the pharmaceutical, agrochemical, and electronics sectors.

Innovation and Sustainability Initiatives:

• Development of sustainable production pathways for pyrrolidone derivatives

• Investment in closed-loop recycling technologies for NMP

• Commitment to carbon-neutral growth initiatives by 2050

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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, Pharmaceutical Grade Solvents

Mitsubishi Chemical Corporation is a key player in the global specialty chemicals market, offering high-purity 2-Pyrrolidone for demanding applications. The company’s focus on quality control and technical support makes it a preferred supplier for the pharmaceutical and electronics industries in the Asia-Pacific region and beyond.

Innovation and Sustainability Initiatives:

• Advanced purification technologies for electronic-grade chemicals

• Expansion of production capacity to meet growing regional demand

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8️⃣ 3. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: 2-Pyrrolidone, NMP, Specialty Solvents and Intermediates

Eastman Chemical Company is a prominent North American producer of 2-Pyrrolidone, leveraging its strong position in the acetyl chemicals chain. The company serves a diverse range of industries, including coatings, agrochemicals, and pharmaceuticals, with a focus on product consistency and supply chain reliability.

Innovation and Sustainability Initiatives:

• Development of bio-based and renewable chemical alternatives

• Initiatives for reducing the environmental footprint of solvent production

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7️⃣ 4. Ashland Global Holdings Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Pharmaceutical Grade 2-Pyrrolidone, Personal Care Ingredients

Ashland is a leading global specialty chemicals company with a significant presence in the pharmaceutical and personal care markets. Its high-purity 2-Pyrrolidone is critical for drug formulation and serves as a key intermediate for various specialty polymers.

Innovation and Sustainability Initiatives:

• Focus on developing excipients and solvents for next-generation pharmaceuticals

• Sustainability programs targeting responsible sourcing and waste reduction

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2-Pyrrolidone Market – View in Detailed Research Report

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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 part of its extensive portfolio of chemical intermediates. The company’s global scale ensures a stable supply for industrial applications, particularly in the polymer and resin sectors.

Innovation and Sustainability Initiatives:

• Circular economy initiatives for plastic and chemical recycling

• Investments in technologies to improve production efficiency and yield

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

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

Hefei TNJ Chemical is a major Chinese manufacturer and supplier of 2-Pyrrolidone, catering to both domestic and international markets. The company’s competitive pricing and flexible supply chain make it a significant player, especially in the Asian chemical market.

Innovation and Sustainability Initiatives:

• Expansion of production capabilities to meet export demand

• Focus on cost-competitive manufacturing for industrial-grade applications

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4️⃣ 7. Hefi Evergreen Chemical Industry Co.

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

Another key manufacturer based in China’s chemical hub, Hefei Evergreen specializes in the production of 2-Pyrrolidone and related nitrogen-containing compounds. The company plays a vital role in the regional supply chain for pesticides and polymer production.

Innovation and Sustainability Initiatives:

• Process optimization for improved product quality

• Strengthening distribution networks across Southeast Asia

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3️⃣ 8. Zhangjiagang Xinya Chemical Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: 2-Pyrrolidone, Gamma-Butyrolactone (GBL)

Zhangjiagang Xinya Chemical is a specialized producer of pyrrolidone and its precursor, GBL. The company has established itself as a reliable supplier for the electronics and pharmaceutical industries, with a focus on maintaining stringent quality standards.

Innovation and Sustainability Initiatives:

• Vertical integration in the production of pyrrolidone from GBL

• Investment in environmental protection measures for chemical manufacturing

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2️⃣ 9. Binzhou City Zhanhua District Golden Power Chemical Co., Ltd.

Headquarters: Binzhou, Shandong, China
Key Offering: 2-Pyrrolidone, Industrial Solvents

This company is a notable producer of 2-Pyrrolidone in Northern China, serving the domestic market for industrial applications such as inks, coatings, and agrochemicals. Its strategic location provides logistical advantages for supplying key industrial zones.

Innovation and Sustainability Initiatives:

• Capacity expansion to capitalize on growing domestic demand

• Compliance with evolving Chinese environmental regulations

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1️⃣ 10. Balaji Amines Ltd.

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

Balaji Amines is a leading Indian manufacturer of aliphatic amines and their derivatives, including 2-Pyrrolidone. The company has a strong presence in the Indian subcontinent and is expanding its footprint in global markets, supported by backward integration and cost-effective production.

Innovation and Sustainability Initiatives:

• Backward integration into key raw materials for cost control

• Significant investment in new production facilities to increase capacity

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2-Pyrrolidone Market – View in Detailed Research Report

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🌍 Outlook: The Future of 2-Pyrrolidone is Driven by High-Value Applications

The 2-Pyrrolidone market is undergoing a significant transformation. While traditional applications in polymers and agrochemicals continue to drive volume, the industry is increasingly focused on high-purity grades for pharmaceuticals and electronics, alongside innovations in sustainable production methods.

📈 Key Trends Shaping the Market:

• Rising demand for pharmaceutical-grade solvents in drug formulation and delivery systems

• Expansion of the electronics industry, particularly in Asia, driving need for high-purity chemicals

• Stringent environmental regulations prompting investment in greener synthesis and recycling technologies

• Growing preference for bio-based alternatives and circular economy principles in chemical manufacturing

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’re enabling advancements across multiple high-tech industries that are essential to modern life.