N-Formylmorpholine (NFM) Market Research Report 2025

N-Formylmorpholine (NFM) Market Research Report 2025

N-Formylmorpholine (NFM) Market Research Report 2025

The global N-Formylmorpholine (NFM) market was valued at approximately USD 155 million in 2025 and is projected to expand at a compound annual growth rate (CAGR) of 5–7% through 2035.

Pages: 235

Format: PDF

Date: 12-2025

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Global N-Formylmorpholine (NFM) Market Report (2025–2035)

Market Outlook

Chem Reports projects that the The global N-Formylmorpholine (NFM) market was valued at approximately USD 155 million in 2025 and is projected to expand at a compound annual growth rate (CAGR) of 5–7% through 2035.

Growth is supported by increasing demand for NFM as an extracting agent and organic synthesis intermediate, particularly in petrochemicals and fine chemicals.

The 2025 report provides an extensive analysis of:

  • Development drivers: industrial expansion, material innovation, and regulatory support
  • Market dynamics: demand flows, pricing trends, and supply chain shifts
  • Forecasting methodology: historical data, current market values, and predictive modeling for 2025–2035
  • Research approach: integration of primary and secondary sources, including government policies, competitive landscape, and technological progress

Impact of COVID-19

The COVID-19 pandemic disrupted global supply chains in 2020, causing delays in production and demand fluctuations. While short-term impacts were significant, recovery trends highlight renewed investment in chemical intermediates and solvents, where NFM plays a critical role.

Market Segmentation

By Type

  • ≥99.9% Purity
  • ≥99.5% Purity
  • Others

By Application

  • Extracting Agent (notably in aromatics extraction such as benzene and toluene)
  • Organic Synthesis (intermediate in fine chemicals and pharmaceuticals)
  • Others (specialty chemical uses)

Regional Analysis

  • North America: United States, Canada, Mexico – mature petrochemical industry, strong demand for solvents.
  • Europe: Germany, United Kingdom, France, Italy, Russia, Spain – focus on sustainable chemical processes.
  • Asia-Pacific: China, India, Japan, Southeast Asia – fastest growth due to expanding chemical and pharmaceutical industries.
  • South America: Brazil, Argentina – moderate growth, driven by industrial chemicals.
  • Middle East and Africa: Saudi Arabia, South Africa – demand from oil and gas downstream applications.

Key Market Players

  • BASF
  • Amines & Plasticizers Limited
  • Liyang Yutian Chemical
  • Shijiazhuang Sincere Chemicals
  • Jiangsu Lianrun Chemical
  • SWRDICI
  • Anhui Jin’ao Chemical
  • Zhonglan Industry
  • Hefei TNJ Chemical

Key Takeaways

  • Strong demand from petrochemical and fine chemical industries will drive growth.
  • Asia-Pacific is expected to be the fastest-growing region due to industrial expansion in China and India.
  • Technological innovation in extraction processes enhances market opportunities.
  • Post-COVID recovery accelerates adoption in chemical and pharmaceutical sectors.

The N-Formylmorpholine (NFM) market is projected to grow steadily between 2025 and 2035, driven by demand in petrochemicals, fine chemicals, and pharmaceuticals. NFM is widely used as an extracting agent in aromatics separation and as an intermediate in organic synthesis. Asia-Pacific is expected to lead growth due to rapid expansion in chemical manufacturing, while North America and Europe remain mature but innovation-driven markets.

Detailed Segmentation Analysis

By Type

  • ≥99.9% Purity: High-grade NFM used in critical extraction and synthesis applications.
  • ≥99.5% Purity: Industrial-grade NFM for general chemical processes.
  • Others: Lower purity grades for niche or non-critical uses.

By Application

  • Extracting Agent: Major use in aromatics extraction (benzene, toluene, xylene).
  • Organic Synthesis: Intermediate in fine chemicals, pharmaceuticals, and specialty compounds.
  • Others: Includes niche industrial and laboratory applications.

By Region

  • North America: Mature petrochemical industry, strong demand for solvents.
  • Europe: Focus on sustainable chemical processes and regulatory compliance.
  • Asia-Pacific: Fastest growth, led by China and India’s expanding chemical and pharmaceutical industries.
  • South America: Moderate growth, driven by Brazil’s industrial chemicals sector.
  • Middle East and Africa: Demand from oil and gas downstream applications.

Porter’s Five Forces

  1. Threat of New Entrants: Moderate – high capital investment and technical expertise required.
  2. Bargaining Power of Suppliers: High – raw material availability and purity standards strongly influence production costs.
  3. Bargaining Power of Buyers: Moderate – petrochemical and pharma companies exert influence, but product differentiation reduces buyer power.
  4. Threat of Substitutes: Low – few alternatives match NFM’s efficiency in aromatics extraction.
  5. Industry Rivalry: High – competition among global chemical producers for innovation and cost efficiency.

SWOT Analysis

Strengths

  • Established role in petrochemical extraction processes
  • Versatile applications in organic synthesis
  • Strong demand across multiple industries

Weaknesses

  • High production costs and purity requirements
  • Dependence on volatile raw material supply
  • Limited awareness outside core chemical sectors

Opportunities

  • Rising demand in Asia-Pacific chemical manufacturing
  • Expansion in pharmaceutical intermediates
  • Innovation in sustainable extraction technologies

Threats

  • Raw material supply chain disruptions
  • Stringent environmental and safety regulations
  • Competition from alternative solvents and intermediates

Trend Analysis

  • Petrochemical Innovation: Increasing use in advanced aromatics extraction processes.
  • Pharmaceutical Growth: Rising demand for intermediates in drug development.
  • Sustainability Focus: Eco-friendly production methods gaining traction.
  • Regional Expansion: Asia-Pacific emerging as the hub for production and consumption.
  • Post-COVID Recovery: Renewed investment in chemical and pharmaceutical industries.

Drivers and Challenges

Drivers

  • Rising demand in petrochemical extraction
  • Growth in pharmaceutical intermediates
  • Expansion of emerging markets in Asia-Pacific
  • Technological advancements in chemical synthesis

Challenges

  • Volatility in raw material prices
  • High production and compliance costs
  • Stringent regulatory frameworks
  • Intense competition among chemical producers

Value Chain Analysis

  1. Raw Material Supply: Chemical precursors sourced globally; purity and cost impact margins.
  2. Manufacturing: Specialized synthesis requiring advanced technology and quality control.
  3. Distribution: Global supply chains with regional hubs; logistics critical for timely delivery.
  4. End-Use Industries: Petrochemicals, pharmaceuticals, and fine chemicals drive demand.
  5. Aftermarket Services: Technical support, formulation assistance, and regulatory compliance services add value.

 

1. Market Overview of N-Formylmorpholine (NFM)
    1.1 N-Formylmorpholine (NFM) Market Overview
        1.1.1 N-Formylmorpholine (NFM) Product Scope
        1.1.2 Market Status and Outlook
    1.2 N-Formylmorpholine (NFM) Market Size by Regions:
    1.3 N-Formylmorpholine (NFM) Historic Market Size by Regions
    1.4 N-Formylmorpholine (NFM) Forecasted Market Size by Regions
    1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
        1.5.1 North America
        1.5.2 East Asia
        1.5.3 Europe
        1.5.4 South Asia
        1.5.5 Southeast Asia
        1.5.6 Middle East
        1.5.7 Africa
        1.5.8 Oceania
        1.5.9 South America
        1.5.10 Rest of the World
    1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
        1.6.1 Covid-19 Impact: Global GDP Growth,  Projections
        1.6.2 Covid-19 Impact: Commodity Prices Indices
        1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact N-Formylmorpholine (NFM) Sales Market by Type
    2.1 Global N-Formylmorpholine (NFM) Historic Market Size by Type
    2.2 Global N-Formylmorpholine (NFM) Forecasted Market Size by Type
    2.3 ?99.9%
    2.4 ?99.5%
    2.5 Others
3. Covid-19 Impact N-Formylmorpholine (NFM) Sales Market by Application
    3.1 Global N-Formylmorpholine (NFM) Historic Market Size by Application
    3.2 Global N-Formylmorpholine (NFM) Forecasted Market Size by Application
    3.3 Extracting Agent
    3.4 Organic Synthesis
    3.5 Others
4. Covid-19 Impact Market Competition by Manufacturers
    4.1 Global N-Formylmorpholine (NFM) Production Capacity Market Share by Manufacturers
    4.2 Global N-Formylmorpholine (NFM) Revenue Market Share by Manufacturers
    4.3 Global N-Formylmorpholine (NFM) Average Price by Manufacturers
5. Company Profiles and Key Figures in N-Formylmorpholine (NFM) Business
    5.1 BASF
        5.1.1 BASF Company Profile
        5.1.2 BASF N-Formylmorpholine (NFM) Product Specification
        5.1.3 BASF N-Formylmorpholine (NFM) Production Capacity, Revenue, Price and Gross Margin
    5.2 Amines & Plasticizers Limited
        5.2.1 Amines & Plasticizers Limited Company Profile
        5.2.2 Amines & Plasticizers Limited N-Formylmorpholine (NFM) Product Specification
        5.2.3 Amines & Plasticizers Limited N-Formylmorpholine (NFM) Production Capacity, Revenue, Price and Gross Margin
    5.3 Liyang Yutian Chemical
        5.3.1 Liyang Yutian Chemical Company Profile
        5.3.2 Liyang Yutian Chemical N-Formylmorpholine (NFM) Product Specification
        5.3.3 Liyang Yutian Chemical N-Formylmorpholine (NFM) Production Capacity, Revenue, Price and Gross Margin
    5.4 Shijiazhuang Sincere Chemicals
        5.4.1 Shijiazhuang Sincere Chemicals Company Profile
        5.4.2 Shijiazhuang Sincere Chemicals N-Formylmorpholine (NFM) Product Specification
        5.4.3 Shijiazhuang Sincere Chemicals N-Formylmorpholine (NFM) Production Capacity, Revenue, Price and Gross Margin
    5.5 Jiangsu Lianrun Chemical
        5.5.1 Jiangsu Lianrun Chemical Company Profile
        5.5.2 Jiangsu Lianrun Chemical N-Formylmorpholine (NFM) Product Specification
        5.5.3 Jiangsu Lianrun Chemical N-Formylmorpholine (NFM) Production Capacity, Revenue, Price and Gross Margin
    5.6 SWRDICI
        5.6.1 SWRDICI Company Profile
        5.6.2 SWRDICI N-Formylmorpholine (NFM) Product Specification
        5.6.3 SWRDICI N-Formylmorpholine (NFM) Production Capacity, Revenue, Price and Gross Margin
    5.7 Anhui Jin?ao Chemical
        5.7.1 Anhui Jin?ao Chemical Company Profile
        5.7.2 Anhui Jin?ao Chemical N-Formylmorpholine (NFM) Product Specification
        5.7.3 Anhui Jin?ao Chemical N-Formylmorpholine (NFM) Production Capacity, Revenue, Price and Gross Margin
    5.8 Zhonglan Industry
        5.8.1 Zhonglan Industry Company Profile
        5.8.2 Zhonglan Industry N-Formylmorpholine (NFM) Product Specification
        5.8.3 Zhonglan Industry N-Formylmorpholine (NFM) Production Capacity, Revenue, Price and Gross Margin
    5.9 Hefei TNJ Chemical
        5.9.1 Hefei TNJ Chemical Company Profile
        5.9.2 Hefei TNJ Chemical N-Formylmorpholine (NFM) Product Specification
        5.9.3 Hefei TNJ Chemical N-Formylmorpholine (NFM) Production Capacity, Revenue, Price and Gross Margin
6. North America
    6.1 North America N-Formylmorpholine (NFM) Market Size
    6.2 North America N-Formylmorpholine (NFM) Key Players in North America
    6.3 North America N-Formylmorpholine (NFM) Market Size by Type
    6.4 North America N-Formylmorpholine (NFM) Market Size by Application
7. East Asia
    7.1 East Asia N-Formylmorpholine (NFM) Market Size
    7.2 East Asia N-Formylmorpholine (NFM) Key Players in North America
    7.3 East Asia N-Formylmorpholine (NFM) Market Size by Type
    7.4 East Asia N-Formylmorpholine (NFM) Market Size by Application
8. Europe
    8.1 Europe N-Formylmorpholine (NFM) Market Size
    8.2 Europe N-Formylmorpholine (NFM) Key Players in North America
    8.3 Europe N-Formylmorpholine (NFM) Market Size by Type
    8.4 Europe N-Formylmorpholine (NFM) Market Size by Application
9. South Asia
    9.1 South Asia N-Formylmorpholine (NFM) Market Size
    9.2 South Asia N-Formylmorpholine (NFM) Key Players in North America
    9.3 South Asia N-Formylmorpholine (NFM) Market Size by Type
    9.4 South Asia N-Formylmorpholine (NFM) Market Size by Application
10. Southeast Asia
    10.1 Southeast Asia N-Formylmorpholine (NFM) Market Size
    10.2 Southeast Asia N-Formylmorpholine (NFM) Key Players in North America
    10.3 Southeast Asia N-Formylmorpholine (NFM) Market Size by Type
    10.4 Southeast Asia N-Formylmorpholine (NFM) Market Size by Application
11. Middle East
    11.1 Middle East N-Formylmorpholine (NFM) Market Size
    11.2 Middle East N-Formylmorpholine (NFM) Key Players in North America
    11.3 Middle East N-Formylmorpholine (NFM) Market Size by Type
    11.4 Middle East N-Formylmorpholine (NFM) Market Size by Application
12. Africa
    12.1 Africa N-Formylmorpholine (NFM) Market Size
    12.2 Africa N-Formylmorpholine (NFM) Key Players in North America
    12.3 Africa N-Formylmorpholine (NFM) Market Size by Type
    12.4 Africa N-Formylmorpholine (NFM) Market Size by Application
13. Oceania
    13.1 Oceania N-Formylmorpholine (NFM) Market Size
    13.2 Oceania N-Formylmorpholine (NFM) Key Players in North America
    13.3 Oceania N-Formylmorpholine (NFM) Market Size by Type
    13.4 Oceania N-Formylmorpholine (NFM) Market Size by Application
14. South America
    14.1 South America N-Formylmorpholine (NFM) Market Size
    14.2 South America N-Formylmorpholine (NFM) Key Players in North America
    14.3 South America N-Formylmorpholine (NFM) Market Size by Type
    14.4 South America N-Formylmorpholine (NFM) Market Size by Application
15. Rest of the World
    15.1 Rest of the World N-Formylmorpholine (NFM) Market Size
    15.2 Rest of the World N-Formylmorpholine (NFM) Key Players in North America
    15.3 Rest of the World N-Formylmorpholine (NFM) Market Size by Type
    15.4 Rest of the World N-Formylmorpholine (NFM) Market Size by Application
16 N-Formylmorpholine (NFM) Market Dynamics
    16.1 Covid-19 Impact Market Top Trends
    16.2 Covid-19 Impact Market Drivers
    16.3 Covid-19 Impact Market Challenges
    16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
    18.1 Research Methodology
        18.1.1 Methodology/Research Approach
        18.1.2 Data Source
    18.2 Disclaimer

Market Segmentation

By Type

  • ≥99.9% Purity
  • ≥99.5% Purity
  • Others

By Application

  • Extracting Agent (notably in aromatics extraction such as benzene and toluene)
  • Organic Synthesis (intermediate in fine chemicals and pharmaceuticals)
  • Others (specialty chemical uses)

Regional Analysis

  • North America: United States, Canada, Mexico – mature petrochemical industry, strong demand for solvents.
  • Europe: Germany, United Kingdom, France, Italy, Russia, Spain – focus on sustainable chemical processes.
  • Asia-Pacific: China, India, Japan, Southeast Asia – fastest growth due to expanding chemical and pharmaceutical industries.
  • South America: Brazil, Argentina – moderate growth, driven by industrial chemicals.
  • Middle East and Africa: Saudi Arabia, South Africa – demand from oil and gas downstream applications.

Key Market Players

  • BASF
  • Amines & Plasticizers Limited
  • Liyang Yutian Chemical
  • Shijiazhuang Sincere Chemicals
  • Jiangsu Lianrun Chemical
  • SWRDICI
  • Anhui Jin’ao Chemical
  • Zhonglan Industry
  • Hefei TNJ Chemical

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