Driven by the rapid development of the PVP market, the N-vinylpyrrolidone (NVP) industry has strong development momentum

N-vinylpyrrolidone, referred to as NVP, also known as 1-vinyl-2-pyrrolidone, is an organic compound with the chemical formula C6H9NO. It appears as a colorless or slightly yellow liquid and can be mixed with water, ethanol, ether and other organic compounds. Solvent miscibility, easy to copolymerize with other vinyl compounds. N-vinylpyrrolidone has inherent properties such as high polarity, low toxicity, water solubility, cationic activity, and chemical stability, and can be widely used in packaging, papermaking, building materials, coatings, cosmetics, plastics, medicine and other fields.

At present, the mainstream production method of N-vinylpyrrolidone in China is the acetylene method, which uses acetylene and 2-pyrrolidone as raw materials, and under specific temperature and pressure conditions, adds a strong base catalyst such as potassium pyrrolidone to produce NVP through an affinity addition reaction. This method has the advantages of mature technology, easy availability of raw materials, and is suitable for large-scale production.

N-vinylpyrrolidone (NVP) is a widely used chemical raw material, commonly used in production scenarios such as coatings, medicines, adhesives, and chemical products. Specifically, NVP can be used in the production of UV cured coatings in the plastics field to form plastic films with strong toughness and high hardness. It can be used in the production of UB and EB cured coatings in the papermaking field to improve the flow and curing characteristics of the coatings. It can be used in Pharmaceutical excipient production scenarios in the pharmaceutical field; can be used in PVP (polyvinylpyrrolidone) chemical product production scenarios in the chemical industry.

Among them, PVP is currently the application field with the fastest growing demand for N-vinylpyrrolidone. According to the “China N-vinylpyrrolidone (NVP) Industry Market Monitoring and Future Development Prospects Research Report 2023-2027” released by the Industrial Research Center It shows that as the penetration rate of PVP in emerging fields such as lithium batteries and photovoltaics continues to increase, its market size continues to expand, which in turn drives the demand for N-vinylpyrrolidone to continue to increase. In 2022, the domestic PVP market size will exceed 3.5 billion yuan. Against this background, the domestic N-vinylpyrrolidone market size will continue to expand, and the industry shows good development prospects.

Driven by the continued growth of domestic N-vinylpyrrolidone market demand, the number of companies in this field is increasing. The main companies include Yuang Water-based New Materials, Qingji New Materials, Sichuan Tianhua Co., Ltd., Kanglang Biotechnology, etc. In addition, at this stage, domestic leading PVP suppliers are gradually extending their layout to the entire industrial chain upstream and beginning to enter the N-vinylpyrrolidone market. For example, in March 2023, the 20,000-ton annual NVP project constructed by Xinkaiyuan Construction is progressing smoothly Test drive is about to begin.

Industry analysts said that N-vinylpyrrolidone is a widely used chemical raw material and is currently used in terminal lithium batteries and photovoltaic industries. Against the background of rapid development, the continued expansion of the PVP market size has driven the continued increase in demand for N-vinylpyrrolidone, and the industry has shown good development prospects. At the same time, driven by the continued growth in demand, many domestic companies have entered the N-vinylpyrrolidone market, and the development speed of my country’s N-vinylpyrrolidone industry is expected to further accelerate in the future.