Global N-Methylmorpholine N-oxide (NMMO) Market Size By Type (NMMO Solution and NMMO Solid), By Application (Cellulose Fibre Solvent, Medicines Intermediates), By Geographic Scope And Forecast
Report ID: 281843|No. of Pages: 202
Global N-Methylmorpholine N-oxide (NMMO) Market Size By Type (NMMO Solution and NMMO Solid), By Application (Cellulose Fibre Solvent, Medicines Intermediates), By Geographic Scope And Forecast
N-Methylmorpholine N-oxide (NMMO) Market Size And Forecast
N-Methylmorpholine N-oxide (NMMO) Market size was valued at USD 78.23 Million in 2023 and is projected to reach USD 112.03 Million by 2030, growing at a CAGR of 5.48% during the forecast period 2024-2030.
Major factors which drive the market growth include the growing demand for N-Methylmorpholine N-oxide (NMMO) from solvents and pharmaceutical intermediates applications. In addition, the rising demand for N-Methylmorpholine N-oxide (NMMO) in the Asia Pacific is anticipated to push the market growth over the forecast period. The Global N-Methylmorpholine N-oxide (NMMO) Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global N-Methylmorpholine N-oxide (NMMO) Market Definition
N-Methylmorpholine N-oxide (NMMO) is a cellulose solvent that is utilized in industrial settings for the spinning of cellulosic fibers. It has been witnessed that if N-Methylmorpholine N-oxide is used for pretreatment, great improvement has been seen in biofuel production from lignocellulosic materials. N-Methylmorpholine N-oxide can change the highly crystalline structure of cellulose after its dissolution and regeneration. N-Methylmorpholine N-oxide is supplied commercially as a monohydrate C5H11NO2•H2O and also as an anhydrous compound. The monohydrate is utilized as a solvent for cellulose in the Lyocell procedure to create cellulose fibers.
What's inside a VMR
industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
>>> Ask For Discount @ – https://www.verifiedmarketresearch.com/ask-for-discount/?rid=281843
Global N-Methylmorpholine N-oxide (NMMO) Market Overview
The N-Methylmorpholine N-oxide (NMMO) process has been considered the most environmentally friendly process to produce regenerated cellulose fibers on a commercial level. Regenerated cellulose fibers normally known as lyocell and are also available in trade names such as New Cell and Tencel are commercially available and witnessed to have considerable advantages as compared to the conventional regenerated cellulose fibers created through the cuprammonium or viscose process.
The properties of the fibers created using the NMMO method can be varied to a larger extent by controlling the spinning parameters including type of solvent, air gap distance, extrusion speed, coagulation conditions, etc. Morphologically, the fibers which are acquired through the NMMO method have a circular cross-section rather than the irregular cross-section observed in traditional viscose-type fibers. This, in turn, helps to push the growth of the demand for NMMO in applications such as cellulose fiber solvents.
The increase in demand for N-Methylmorpholine N-oxide (NMMO) in several end-use industries including pharmaceuticals, agrochemicals, and dyestuffs. Raising awareness regarding the benefits of N-Methylmorpholine N-oxide (NMMO) among producers and consumers is anticipated to drive market growth throughout the forecast period. Additionally, growing research and development activities for new applications of N-Methylmorpholine N-oxide (NMMO) are expected to create lucrative opportunities for the market to grow in the near future. Moreover, the rising usage of NMMO as a precursor in producing several organic compounds is projected to fuel the demand over the estimated period.
Global N-Methylmorpholine N-oxide (NMMO) Market Segmentation Analysis
The Global N-Methylmorpholine N-oxide (NMMO) Market is segmented on the basis of Type, Application, and Geography.
N-Methylmorpholine N-oxide (NMMO) Market, By Type
- NMMO Solution
- NMMO Solid
On the basis of Type, the market has been segmented into NMMO Solution and NMMO Solid. N-Methylmorpholine N-oxide (NMMO) Solid is a crystalline solid and is also called morpholine. It has a molecular weight of around 148.2 and appears like brown sugar. NMMO Solid is utilized in the synthesis of N-Methylmorpholine N-oxide (NMMO) which has various applications such as research chemicals, pharmaceuticals, and pesticides among other applications.
N-Methylmorpholine N-oxide (NMMO) Market, By Application
- Cellulose Fibre Solvent
- Medicines Intermediates
- Others
On the basis of Application, the market has been segmented into Cellulose Fibre Solvent, Medicines Intermediates, and Others. Cellulose Fibre Solvent accounted for the largest share in the global N-Methylmorpholine N-oxide (NMMO) market. The product has been used as a solvent for varnishes, paints, printing ink, lacquers, and pharmaceuticals among other applications. Growing demand from several industries such as paints & coatings is anticipated to have a positive impact on market growth over the forecast period.
N-Methylmorpholine N-oxide (NMMO) Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
The market is segmented on the basis of geography into North America, Europe, Asia Pacific, Rest of the World. Asia Pacific accounted for the major share of the global N-Methylmorpholine N-oxide (NMMO) market. The rising demand from end-use industries, such as pharmaceuticals and electronics in the region is expected to propel the growth of the market. China is considered to be the largest consumer and manufacturer of NMMO. Increasing foreign investments and rapid industrialization are anticipated to drive the growth of the market in the Asia Pacific region.
Key Players
The “Global N-Methylmorpholine N-oxide (NMMO) Market” study report will provide valuable insight emphasizing the global market. The major players in the market are BASF, Huntsman, Amines and Plasticizers Limited, Sterling Auxiliaries, Lianrun Chemical, Anhui Wotu Chemical, and SINCERE CHEMICALS. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global N-Methylmorpholine N-oxide (NMMO) Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the global N-Methylmorpholine N-oxide (NMMO) Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2020-2030 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2030 |
| HISTORICAL PERIOD | 2020-2022 |
| UNIT | Value (USD Million) |
| KEY COMPANIES PROFILED | BASF, Huntsman, Amines and Plasticizers Limited, Sterling Auxiliaries, Lianrun Chemical, Anhui Wotu Chemical, and SINCERE CHEMICALS. |
| SEGMENTS COVERED |
|
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Verified Market Research:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Frequently Asked Questions
1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology
2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights
3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter’s Five Forces Analysis
4. N-Methylmorpholine N-oxide (NMMO) Market, By Type
• NMMO Solution
• NMMO Solid
5. N-Methylmorpholine N-oxide (NMMO) Market, By Application
• Cellulose Fibre Solvent
• Medicines Intermediates
• Others
6. Regional Analysis
• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE
7. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market
8. Competitive Landscape
• Key Players
• Market Share Analysis
9. Company Profiles
• BASF
• Huntsman
• Amines and Plasticizers Limited
• Sterling Auxiliaries
• Lianrun Chemical
• Anhui Wotu Chemical
• SINCERE CHEMICALS
10. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities
11. Appendix
• List of Abbreviations
• Sources and References
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
|
|
| Demand side |
|
|
Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
| Qualitative analysis | Quantitative analysis |
|---|---|
|
|
