Global N-Formylmorpholine (NFM) Market Growth 2023-2029

Global N-Formylmorpholine (NFM) Market Growth 2023-2029

Product Code:540965

Published Date: Jan 02,2023

Pages: 92

Region: Global

Category: Chemical & Material

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N-Formylmorpholine is the organic compound with the formula O(C2H4)2NCHO. It is the formamide of morpholine (O(C2H4)2NH). A colorless compound, it is a useful high temperature solvent akin to dimethylformamide.

N-formylmorpholine is an important organic solvent and fine chemical raw material. It is a colorless, transparent liquid at room temperature. With the chemical nature of the amide, the aqueous solution is easily hydrolyzed into morpholine and formic acid in the presence of an acid or base, and the aqueous solution is weakly alkaline.Used for desulfurization of natural gas, synthesis gas, flue gas, natural gas condensate and gasoline, etc. It is the best extraction solvent for petroleum aromatics. It can recover aromatics by extractive distillation. It has good selectivity, thermal stability and chemical stability. Good, no poison, no corrosion. It is currently the most widely used recycled aromatic solvent.

LPI (LP Information)' newest research report, the “N-Formylmorpholine (NFM) Industry Forecast” looks at past sales and reviews total world N-Formylmorpholine (NFM) sales in 2022, providing a comprehensive analysis by region and market sector of projected N-Formylmorpholine (NFM) sales for 2023 through 2029. With N-Formylmorpholine (NFM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world N-Formylmorpholine (NFM) industry.

This Insight Report provides a comprehensive analysis of the global N-Formylmorpholine (NFM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on N-Formylmorpholine (NFM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global N-Formylmorpholine (NFM) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for N-Formylmorpholine (NFM) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global N-Formylmorpholine (NFM).

The global N-Formylmorpholine (NFM) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for N-Formylmorpholine (NFM) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for N-Formylmorpholine (NFM) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for N-Formylmorpholine (NFM) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key N-Formylmorpholine (NFM) players cover BASF, Amines & Plasticizers Limited, Liyang Yutian Chemical, Shijiazhuang Sincere Chemicals, Jiangsu Lianrun Chemical, SWRDICI, Anhui Jin’ao Chemical, Zhonglan Industry and Hefei TNJ Chemical, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of N-Formylmorpholine (NFM) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Above 99.9%
    Above 99.5%
    Others

Segmentation by application
    Extracting Agent
    Organic Synthesis
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    BASF
    Amines & Plasticizers Limited
    Liyang Yutian Chemical
    Shijiazhuang Sincere Chemicals
    Jiangsu Lianrun Chemical
    SWRDICI
    Anhui Jin’ao Chemical
    Zhonglan Industry
    Hefei TNJ Chemical

Key Questions Addressed in this Report
What is the 10-year outlook for the global N-Formylmorpholine (NFM) market?
What factors are driving N-Formylmorpholine (NFM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do N-Formylmorpholine (NFM) market opportunities vary by end market size?
How does N-Formylmorpholine (NFM) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?