
The global GBL and NMP market size was US$ 5818 million in 2024 and is forecast to a readjusted size of US$ 21560 million by 2031 with a CAGR of 20.9% during the forecast period 2025-2031.
NMP and GBL are mainly used in new energy industries such as lithium ion battery and new materials such as arron, polyphenylene sulfide and polyimide.In the production of lithium ion battery, NMP is used to prepare the positive electrode material, binder and other materials to prepare the lithium ion battery.
The Global key players of GBL and NMP include BASF, Mitsubishi Chemical, Lyondellbasell, etc. The top three players hold a share about 79%. Asia-Pacific is the largest market, and has a share about 90%. In terms of product type, 1-Methyl-2-pyrrolidinone (NMP) is the largest segment, which occupied for a share of about 98%. For application, Battery is the largest segment, which has a share about 94%.
The global GBL and NMP market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
BASF
Mitsubishi Chemical
Lyondellbasell
Ashland
Eastman
Synmiway Chemical
MYI Chemical
Yuneng Chemical
Ganzhou Zhongneng
Guangming Chemicals
Ruian Chemical
SNET
By Type: (Dominant Segment vs High-Margin Innovation)
1-Methyl-2-pyrrolidinone (NMP)
Gamma Butyrolactone (GBL)
By Application: (Core Demand Driver vs Emerging Opportunity)
Battery
Pharmaceutical
Chemical
Others
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., BASF in Europe)
- Emerging Product Trends: 1-Methyl-2-pyrrolidinone (NMP) adoption vs. Gamma Butyrolactone (GBL) premiumization
- Demand-Side Dynamics: Battery growth in China vs. Pharmaceutical potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
Japan
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of GBL and NMP market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Gamma Butyrolactone (GBL) in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Pharmaceutical in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the GBL and NMP value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Market Overview
1.1 GBL and NMP Product Scope
1.2 GBL and NMP by Type
1.2.1 Global GBL and NMP Sales by Type (2020 & 2024 & 2031)
1.2.2 1-Methyl-2-pyrrolidinone (NMP)
1.2.3 Gamma Butyrolactone (GBL)
1.3 GBL and NMP by Application
1.3.1 Global GBL and NMP Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Battery
1.3.3 Pharmaceutical
1.3.4 Chemical
1.3.5 Others
1.4 Global GBL and NMP Market Estimates and Forecasts (2020-2031)
1.4.1 Global GBL and NMP Market Size in Value Growth Rate (2020-2031)
1.4.2 Global GBL and NMP Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global GBL and NMP Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global GBL and NMP Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global GBL and NMP Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global GBL and NMP Sales Market Share by Region (2020-2025)
2.2.2 Global GBL and NMP Revenue Market Share by Region (2020-2025)
2.3 Global GBL and NMP Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global GBL and NMP Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global GBL and NMP Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America GBL and NMP Market Size and Prospective (2020-2031)
2.4.2 Europe GBL and NMP Market Size and Prospective (2020-2031)
2.4.3 China GBL and NMP Market Size and Prospective (2020-2031)
2.4.4 Japan GBL and NMP Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global GBL and NMP Historic Market Review by Type (2020-2025)
3.1.1 Global GBL and NMP Sales by Type (2020-2025)
3.1.2 Global GBL and NMP Revenue by Type (2020-2025)
3.1.3 Global GBL and NMP Price by Type (2020-2025)
3.2 Global GBL and NMP Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global GBL and NMP Sales Forecast by Type (2026-2031)
3.2.2 Global GBL and NMP Revenue Forecast by Type (2026-2031)
3.2.3 Global GBL and NMP Price Forecast by Type (2026-2031)
3.3 Different Types GBL and NMP Representative Players
4 Global Market Size by Application
4.1 Global GBL and NMP Historic Market Review by Application (2020-2025)
4.1.1 Global GBL and NMP Sales by Application (2020-2025)
4.1.2 Global GBL and NMP Revenue by Application (2020-2025)
4.1.3 Global GBL and NMP Price by Application (2020-2025)
4.2 Global GBL and NMP Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global GBL and NMP Sales Forecast by Application (2026-2031)
4.2.2 Global GBL and NMP Revenue Forecast by Application (2026-2031)
4.2.3 Global GBL and NMP Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in GBL and NMP Application
5 Competition Landscape by Players
5.1 Global GBL and NMP Sales by Players (2020-2025)
5.2 Global Top GBL and NMP Players by Revenue (2020-2025)
5.3 Global GBL and NMP Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in GBL and NMP as of 2024)
5.4 Global GBL and NMP Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of GBL and NMP, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of GBL and NMP, Product Type & Application
5.7 Global Key Manufacturers of GBL and NMP, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America GBL and NMP Sales by Company
6.1.1.1 North America GBL and NMP Sales by Company (2020-2025)
6.1.1.2 North America GBL and NMP Revenue by Company (2020-2025)
6.1.2 North America GBL and NMP Sales Breakdown by Type (2020-2025)
6.1.3 North America GBL and NMP Sales Breakdown by Application (2020-2025)
6.1.4 North America GBL and NMP Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe GBL and NMP Sales by Company
6.2.1.1 Europe GBL and NMP Sales by Company (2020-2025)
6.2.1.2 Europe GBL and NMP Revenue by Company (2020-2025)
6.2.2 Europe GBL and NMP Sales Breakdown by Type (2020-2025)
6.2.3 Europe GBL and NMP Sales Breakdown by Application (2020-2025)
6.2.4 Europe GBL and NMP Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China GBL and NMP Sales by Company
6.3.1.1 China GBL and NMP Sales by Company (2020-2025)
6.3.1.2 China GBL and NMP Revenue by Company (2020-2025)
6.3.2 China GBL and NMP Sales Breakdown by Type (2020-2025)
6.3.3 China GBL and NMP Sales Breakdown by Application (2020-2025)
6.3.4 China GBL and NMP Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan GBL and NMP Sales by Company
6.4.1.1 Japan GBL and NMP Sales by Company (2020-2025)
6.4.1.2 Japan GBL and NMP Revenue by Company (2020-2025)
6.4.2 Japan GBL and NMP Sales Breakdown by Type (2020-2025)
6.4.3 Japan GBL and NMP Sales Breakdown by Application (2020-2025)
6.4.4 Japan GBL and NMP Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 BASF
7.1.1 BASF Company Information
7.1.2 BASF Business Overview
7.1.3 BASF GBL and NMP Sales, Revenue and Gross Margin (2020-2025)
7.1.4 BASF GBL and NMP Products Offered
7.1.5 BASF Recent Development
7.2 Mitsubishi Chemical
7.2.1 Mitsubishi Chemical Company Information
7.2.2 Mitsubishi Chemical Business Overview
7.2.3 Mitsubishi Chemical GBL and NMP Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Mitsubishi Chemical GBL and NMP Products Offered
7.2.5 Mitsubishi Chemical Recent Development
7.3 Lyondellbasell
7.3.1 Lyondellbasell Company Information
7.3.2 Lyondellbasell Business Overview
7.3.3 Lyondellbasell GBL and NMP Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Lyondellbasell GBL and NMP Products Offered
7.3.5 Lyondellbasell Recent Development
7.4 Ashland
7.4.1 Ashland Company Information
7.4.2 Ashland Business Overview
7.4.3 Ashland GBL and NMP Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Ashland GBL and NMP Products Offered
7.4.5 Ashland Recent Development
7.5 Eastman
7.5.1 Eastman Company Information
7.5.2 Eastman Business Overview
7.5.3 Eastman GBL and NMP Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Eastman GBL and NMP Products Offered
7.5.5 Eastman Recent Development
7.6 Synmiway Chemical
7.6.1 Synmiway Chemical Company Information
7.6.2 Synmiway Chemical Business Overview
7.6.3 Synmiway Chemical GBL and NMP Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Synmiway Chemical GBL and NMP Products Offered
7.6.5 Synmiway Chemical Recent Development
7.7 MYI Chemical
7.7.1 MYI Chemical Company Information
7.7.2 MYI Chemical Business Overview
7.7.3 MYI Chemical GBL and NMP Sales, Revenue and Gross Margin (2020-2025)
7.7.4 MYI Chemical GBL and NMP Products Offered
7.7.5 MYI Chemical Recent Development
7.8 Yuneng Chemical
7.8.1 Yuneng Chemical Company Information
7.8.2 Yuneng Chemical Business Overview
7.8.3 Yuneng Chemical GBL and NMP Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Yuneng Chemical GBL and NMP Products Offered
7.8.5 Yuneng Chemical Recent Development
7.9 Ganzhou Zhongneng
7.9.1 Ganzhou Zhongneng Company Information
7.9.2 Ganzhou Zhongneng Business Overview
7.9.3 Ganzhou Zhongneng GBL and NMP Sales, Revenue and Gross Margin (2020-2025)
7.9.4 Ganzhou Zhongneng GBL and NMP Products Offered
7.9.5 Ganzhou Zhongneng Recent Development
7.10 Guangming Chemicals
7.10.1 Guangming Chemicals Company Information
7.10.2 Guangming Chemicals Business Overview
7.10.3 Guangming Chemicals GBL and NMP Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Guangming Chemicals GBL and NMP Products Offered
7.10.5 Guangming Chemicals Recent Development
7.11 Ruian Chemical
7.11.1 Ruian Chemical Company Information
7.11.2 Ruian Chemical Business Overview
7.11.3 Ruian Chemical GBL and NMP Sales, Revenue and Gross Margin (2020-2025)
7.11.4 Ruian Chemical GBL and NMP Products Offered
7.11.5 Ruian Chemical Recent Development
7.12 SNET
7.12.1 SNET Company Information
7.12.2 SNET Business Overview
7.12.3 SNET GBL and NMP Sales, Revenue and Gross Margin (2020-2025)
7.12.4 SNET GBL and NMP Products Offered
7.12.5 SNET Recent Development
8 GBL and NMP Manufacturing Cost Analysis
8.1 GBL and NMP Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of GBL and NMP
8.4 GBL and NMP Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 GBL and NMP Distributors List
9.3 GBL and NMP Customers
10 GBL and NMP Market Dynamics
10.1 GBL and NMP Industry Trends
10.2 GBL and NMP Market Drivers
10.3 GBL and NMP Market Challenges
10.4 GBL and NMP Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
BASF
Mitsubishi Chemical
Lyondellbasell
Ashland
Eastman
Synmiway Chemical
MYI Chemical
Yuneng Chemical
Ganzhou Zhongneng
Guangming Chemicals
Ruian Chemical
SNET
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*If Applicable.
