Traditional Pyrrolidone Markets on Downturn as Asia Pacific Gains Traction

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Pyrrolidone Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast, 2014 - 2020

Published Date

04-Nov-2014

97 Page Report

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Pyrrolidone Market to Expand at 6.0% CAGR between 2014

and 2020 Driven by Hydrocarbon Recovery Applications :

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Pyrrolidone Market

REPORT DESCRIPTION

Pyrrolidone Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Pyrrolidone is a liquid that finds extensive applications on account of its hygroscopic properties. A hygroscopic

material is one that attracts and absorbs moisture from its immediate environment. Pyrrolidone is commonly

used for extracting and dehumidifying natural gas from crude oil mixtures. As energy-hungry developed and

developing countries spur a high demand for natural gas, the demand for pyrrolidone has witnessed a steep

incline in several regions worldwide.

Pure Hydrocarbon Recovery in Petrochemical Processing Will Likely Remain Principal Application of

Pyrrolidone

Conventionally, desulfurization of various gases has remained the predominant application of pyrrolidone. The

other commonly-seen applications are pharmaceuticals and agrochemicals. The use of pyrrolidone is also

seen in hydrocarbon recovery on a massive scale (through the use of extractive distillation). Recent market

studies, however, have found that as compared to all other types of applications, pure hydrocarbon recovery

via petrochemical processing will drive the market for pyrrolidone market through the next four to five years.

Browse Full Global Pyrrolidone Market Report With Complete TOC @

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Health Concerns Pose Major Growth Hurdle, Which Could be Offset to Some Extent by Vigorous

Demand in...