Global N-Methylmorpholine Oxide Market By Type (Liquid,and Solid), By Geographic Scope And Forecast
Published on: 2024-08-14 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global N-Methylmorpholine Oxide Market By Type (Liquid,and Solid), By Geographic Scope And Forecast
N-Methylmorpholine Oxide Market Size And Forecast
N-Methylmorpholine Oxide Market size was valued at USD 72.88 Million in 2021 and is projected to reach USD 109.11 Million by 2030, growing at a CAGR of 4.93% from 2023 to 2030.
Growing demand for regenerated cellulose from N-methylmorpholine N-oxide solutions spurs the market demand. In addition, enhanced cellulose dissolution capabilities of nmmo drive the market. The Global N-Methylmorpholine Oxide 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 oxide Market Definition
N-Methylmorpholine-n-oxide (NMMO) (CAS 7529-22-8) is also known as 4-Methylmorpholine N-oxide, 4-Methylmorpholine 4-oxide, N-Methylmorpholine oxide, and N-Methylmorpholine N-oxide is an organic compound.
This heterocyclic amine oxide and morpholine derivative is used as a co-oxidant and sacrificial catalyst in organic chemistry processes such as Sharpless asymmetric dihydroxylation or TPAP oxidations. NMO is sold as an anhydrous compound as well as a monohydrate, C5H11NO2H2O. NMO monohydrate C5H11NO2H2O and anhydrous ccomponents are both commercially available. The monohydrate is used as a cellulose solvent in the Lyocell process, which produces cellulose fibers.
N-Methylmorpholine-N-Oxide (NMNO) is available commercially as a monohydrate; it has a melting point of 70 °C and is stable under normal climatic conditions. This reagent may be dissolved in polar solvents, notably water. This reagent oxidizes a variety of transition metals, each of which has a particular reactivity with NMO. As a result, for transition metal-catalyzed oxidations, NMO is a favored stoichiometric oxidant.
Global N-Methylmorpholine oxide Market Overview
Growing demand for regenerated cellulose from N-methylmorpholine N-oxide solutions spur the market demand. In addition, enhanced cellulose dissolution capabilities of nmmo drive the market. Risks in operation and faults in theory prevented the market from increasing production. the Use of n-methylmorpholine-n-oxide in the production of elemental transition metal precipitates in cellulosic materials is an opportunity for the Global N-Methylmorpholine oxide Market. Moreover, the NMMO-based lyocell production technique is significantly more efficient and ecologically favorable than the current viscose fiber manufacturing process. Dissolution, spinning, washing, and finishing are all steps in the entire production of lyocell fiber. Lyocell fibers have a distinct fiber structure and set of physical characteristics that distinguish them from viscose fibers. These characteristics include a very uniform fibril orientation throughout the fiber, high crystallinity, and lengthy crystallites. Lyocell fibers are ideal for a wide range of uses owing to these advantageous characteristics. The lyocell method and fibers can be anticipated to play a larger role in the manufacturing of regenerated cellulose products in the future as efforts to lower overall production costs continue.
The extensive use of Lyocell Fiber in numerous end-use industries, such as home textiles, clothes, and medical equipment, has led to the growth of the Lyocell Fiber industry. In recent years, the population has been steadily growing. The rise of the textile and garment industries has been spurred by the increased per capita income of people in the Asia Pacific. Significantly increasing demand for textiles is a result of strong economic expansion. The need for lyocell fibers would grow in the next years due to rising consumer demand and continued advances in the textile industry.
Global N-Methylmorpholine Oxide MarketSegmentation Analysis
The Global N-Methylmorpholine Oxide Market is segmented on the basis of Type And Geography.
N-Methylmorpholine Oxide Market, By Type
• Liquid• Solid
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Based on Type, the market is bifurcated into Liquid, and Solid. Liquid accounted for the largest market share of 90.61% in 2021, with a market value of USD 66.04 Million and is projected to grow at the highest CAGR of 5.16% during the forecast period. Solid was the second-largest market in 2021, valued at USD 6.84 Million in 2021; it is projected to grow at a CAGR of 2.33%.
N-Methylmorpholine Oxide Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
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On the basis of regional analysis, the Global N-Methylmorpholine oxide Market is classified into North America, Europe, Asia Pacific, and Rest of the world. Asia-Pacific accounted for the largest market share of 41.13% in 2021, with a market value of USD 29.97 Million and is projected to grow at a CAGR of 5.30% during the forecast period. North America was the second-largest market in 2021, valued at USD 20.16 Million in 2021; it is projected to grow at a CAGR of 5.13%.
Key Players
The “Global N-Methylmorpholine Oxide Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as American Commercial BASF, Huntsman, Amines, and Plasticizers Limited. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2018-2030 |
BASE YEAR | 2021 |
FORECAST PERIOD | 2023-2030 |
HISTORICAL PERIOD | 2018-2020 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | American Commercial BASF, Huntsman, Amines, and Plasticizers Limited. |
SEGMENTS COVERED | Type And Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• 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
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