Global Cyclohexylpyrrolidone Market Overview:
N-Cyclohexyl-2-pyrrolidone or CHP is a yellow to colorless liquid. It has a low vapor pressure and is almost odorless. It has poor solubility in water but is soluble in a wide variety of organic solvents. CHP is used in the electronics industry as a photoresist stripper (usually in combination with other solvents such as N-methyl-2-pyrrolidone) and as a chemical copper polisher in circuit board manufacture. Cyclohexylpyrrolidone is hereby used in the electronics, textile, as well as special cleaning industries in the form of complexing agents, solvent, dispersion aid, and surface-active. In the global cyclohexylpyrrolidone market, high demand is expected during the forecasted period owing to the rising demand for the product for various industrial applications.
- High Adoption from Textile Industry
- The Growing Chemical Industries Across the World
- The Growing Demand from the Electronic Industries as a Photoresist Stripper
- Increasing Demand to Manufacture Solvent
- The Concern Related To the Side Effects of the Chemical
- The Rising Demand from the Developing Countries
- The Stringent Government Regulations
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are BASF (Germany), Ashland (United States), NKY PHARMA (China), Hangzhou Ocean Chemical (China), Hali Chemical (China) and Jusheng (China). Analyst at AMA Research see Chinese Vendors to retain maximum share of Global Cyclohexylpyrrolidone market by 2026. Considering Market by Sales Channel, the sub-segment i.e. Online Sales Channel will boost the Cyclohexylpyrrolidone market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cyclohexylpyrrolidone market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cyclohexylpyrrolidone market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Research Organizations and Consulting Companies, Potential Investors, Government Regulatory Bodies, Government Research Organizations, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.