In the chemical trading industry, N-methylpyrrolidone (NMP), is widely used in industrial cleaning due to its excellent solubility and cleaning ability. East Chemical has established a partnership with a leading industrial cleaning company to explore the use of NMP in its products.

In recent years, with the rapid development of the new energy industry, especially the continuous expansion of the lithium battery market, N-methylpyrrolidone​ (NMP), as a key chemical raw material, has ushered in unprecedented development opportunities worldwide. According to the latest industry analysis report, the global NMP market size reached US$8.235 billion in 2022, a year-on-year increase of 41.6%, and this growth trend is expected to continue in the next few years.