Global Dimethylformamide Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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May 2023
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This report was compiled by Shreyas Rokade Shreyas Rokade is a seasoned Research Analyst with CMFE, bringing extensive expertise in market research and consulting, with a strong background in Chemical Engineering. Correspondence Team Lead-CMFE Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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MarketResearch.biz delivers in-depth insights on the global dimethylformamide market in its upcoming report titled, “Global Dimethylformamide Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global dimethylformamide market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global dimethylformamide market report has been segmented on the basis of type, end-use industry, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Dimethylformamide (DMF) is an organic compound with the formula (CH3)2NC(O)H. It is a derivative of formamide and has fishy or ammoniacal odor. It is produced by reaction of dimethylamine with carbon monoxide or methyl formate. Dimethylformamide is a clear liquid used as a solvent for chemical reactions, an additive, or an intermediate owing to its miscibility with water and organic solvents. It is widely used for the manufacturing of pesticides, films, adhesives, fibers, synthetic leathers, and surface coatings.
Increasing demand for dimethylformamide from end-use industries such as chemical and pharmaceutical is a major factor expected to drive growth of the global dimethylformamide market over the forecast period. In addition, increasing use of dimethylformamide in plastic, pesticide, leather, and coating industries is also expected to propel demand of dimethylformamide and drive growth of the target market during the forecast period. Moreover, increasing demand in automotive industry, is expected to create a lucrative opportunity for the global dimethylformamide market over the forecast period.
However, dimethylformamide has hazardous impact on health due to prolong use, which may hamper demand for dimethylformamide and restrain growth of the target market in coming years. In addition, stringent rules and regulation is another factor may hinder growth of the target market.
The Asia Pacific accounted for highest revenue share in the global dimethylformamide market and is expected to dominate the market over the forecast period, owing to increasing demand for dimethylformamide from various end-use industries such as chemical, electronics, pharmaceutical, and agrochemical in countries in the region. The Europe market is estimated to register a considerable share in terms of revenue during the forecast period. The dimethylformamide market in Latin America is projected to witness a moderate growth rate followed by the Middle East and Africa during the forecast period.
Global Dimethylformamide Market Segmentation:
Segmentation On the Basis of Type:
- Reactant
- Feed-stock
Segmentation On the Basis of End-use Industry:
- Chemical
- Electronics
- Pharmaceutical
- Agrochemical
Segmentation On the Basis of Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- BASF SE
- Eastman Chemical Company
- The Chemours Company
- Merck KGaA
- Ak-Kim
- MITSUBISHI GAS CHEMICAL COMPANY, INC.
- Zhejiang Communications Technology Co., Ltd.
- Jiutian Chemical Group Limited
- Luxi Chemical Group Co., Ltd.
- Chemanol
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