Dimethyl Formamide Market to Record an Exponential CAGR by 2025


water-soluble liquid used as solvent. Dimethyl formamide is miscible with water in all proportions and is a dominant hydrophilic aprotic solvent for various inorganic, organic, and resin products. It is primarily used in performing chemical reaction due to its miscibility with various compounds. It is also frequently used in chemical reactions and other applications that require high solvency power owing to its attractive solvent properties such as high dielectric constant, low volatility, and its aprotic nature. Dimethyl formamide is also called as universal solvent.

Read Report Overview @

It is used as a common solvent in heck reaction, in recovery of olefins via extractive distillation, in electrospinning, in production of acrylic fibers, etc. Dimethyl formamide is a derivative of formamide and an amide of formic acid. It is odorless when it is in its pure form. However, it has fishy odor when it is mixed with impurities. Dimethyl formamide is produced by mixing methyl formate with dimethylamine. It can also be prepared from supercritical carbon dioxide using ruthenium based catalysts. Furthermore, it can be synthesized by the reaction of dimethylamine with carbon monoxide.

Dimethyl formamide is used as a derivative in several applications. Some of the derivatives of dimethyl formamide are N,N-Dimethylformamide diethyl acetal, N,N-Dimethylacetamide dimethyl acetal, N,N-Dimethylformamide dimethyl acetal, N,N-Dimethylformamide ditert-butyl acetal, and N,N-Dimethylformamide. The solvent properties of dimethyl formamide and its usage in a wide range of applications are estimated to be the key drives of its demand during the forecast period. However, health concerns associated with prolonged exposure to dimethyl formamide are anticipated to affect its overall demand.

Based on end-use industry, dimethyl formamide can be segmented into pharmaceutical, petrochemical, chemical, electronics, agrochemicals, and others. Dimethyl formamide finds application in ink & dyes, pesticides, adhesives, leather, plastics, films & coatings, and others. Application of DMF in pharmaceutical is anticipated to remain dominant during the forecast period. The pharmaceutical application segment is estimated to exhibit a significant CAGR during the forecast period. In the pharmaceutical industry, dimethyl formamide is used as a reaction and crystallization solvent due to its excellent solvent properties. Following the pharmaceutical industry, the chemical industry is projected to be a key market during the forecast period.

In terms of region, Asia Pacific accounted for the maximum share of the dimethyl formamide market in 2016 and is estimated to remain the dominant region during the forecast period. Growth in the pharmaceutical industry along with government initiatives in implementation of pharmaceutical hub in the developing countries such as India and China contributed the demand for dimethyl formamide. Furthermore, growth in the chemical industry in Asia Pacific contributed to the expansion of the dimethyl formamide market. In Asia Pacific, China constitutes the leading market for dimethyl formamide in terms of volume and revenue. China is not only the largest consumer but also largest producer of dimethyl formamide in world. Following Asia Pacific, North America accounted for a significant share of the dimethyl formamide maket in 2016. North America is world leading region pharmaceutical industry as major companies has established R&D labs located in U.S.This is the major driver for demand of dimethyl formamide in North America. Asia Pacific is expected to exhibit a significant CAGR between 2017 and 2025. Other regions such as Europe, Middle East & Africa, and Latin America are anticipated to exhibit slow to moderate growth during the forecast period.

Request to view Sample Report:

The dimethyl formamide market is highly competitive. Some of the key players operating in the global dimethyl formamide market are Eastman Chemical Company, OCI Corporation, Zhejiang Jiangshan Chemical Co., Ltd., etc.




About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com


Comments

Post a Comment

Popular posts from this blog

Wood Adhesives and Binders Market to Perceive Substantial Growth During 2020 The competitive landscape of global wood adhesive and binders market is fragmented, as only tope four players are responsible for 36% of the total market, as analyzed by Transparency Market Research (TMR). As the market requires huge amount of capital and significant high setup cost some of the key players play a noticeable role. Henkel AG, Dow Chemical Company, 3M Company and Co., KGaA, HB Fuller, and 3M Company are some of the key players analyzed in the report. The global wood adhesive and binders market is consolidated due to the high cost involved to customize products by using innovative technologies. The competition is also fierce due to limited number of players competing against each other. Although new player with strong financial support will pave their way in bio based adhesive formulations. Read Report Overview @ https://www.transparencymarketresearch.com/wood-adhesives-binders-market.html As per the analysis done by the TMR authors, the global wood adhesive and binders market is estimated to reach a valuation of US$ 17.7 bn by the end of the forecast period in 2020. The CAGR is projected to expand at 4.4% between 2014 to 2020. The furniture and subcomponents segment under the application category is estimated to lead the market by attaining 5% CAGR during the forecast period. As per geography, North America leads the global market. The region is witness larger consumption of wood adhesive and binders market in the recent past. Increasing Demand in Construction Industry Could Boost the Market Wood adhesive and binders have a significant role in making cabinets, windows, doors, flooring, plywood, and various other structural panels. The use of wood adhesive and binders is widely seen in furniture and construction areas. As the construction market is estimated to increase at a CAGR of 4.7% during 2016 to 2020, which will significantly boost the demand for wood adhesive and binders during the same period. Rising population in emerging nations, require residential facilities thus propelling the construction and infrastructure market, which will further boost the demand for wood adhesive and binders market. Asia Pacific being the major region where building and construction industry have significantly growing 2015 to 2020. Environmental Concerns May Restrain the Wood Adhesive and Binders Market to Grow at its Full Potential Petroleum based feedstock like vinyl, styrene butadiene, urea, acetate, phenols, acrylates, and polyurethanes helps in manufacturing wood adhesive and binders. As these petroleum feedstock’s are highly dependent on crude oil, even a minute fluctuation in the crude oil prices affects the raw material required to manufacture wood adhesive and binders. Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3045 Additionally, with the emission of volatile organic compounds (VOC) while manufacturing wood adhesive and binders highly affects the environment and create various health risks. The increasing environmental concerns may restrict the market from attaining its full potential. Thus to mitigate these harmful effects number of governments are bring regulation to restrict the amount of gasses releases while manufacturing adhesives and binders which will help the market to grow in coming years. About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Contact Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com

The competitive landscape of global wood adhesive and binders market is fragmented, as only tope four players are responsible for 36% of the total market, as analyzed by Transparency Market Research (TMR). As the market requires huge amount of capital and significant high setup cost some of the key players play a noticeable role. Henkel AG, Dow Chemical Company, 3M Company and Co., KGaA, HB Fuller, and 3M Company are some of the key players analyzed in the report. The global wood adhesive and binders market is consolidated due to the high cost involved to customize products by using innovative technologies. The competition is also fierce due to limited number of players competing against each other. Although new player with strong financial support will pave their way in bio based adhesive formulations. Read Report Overview @ https://www.transparencymarketresearch.com/wood-adhesives-binders-market.html As per the analysis done by the TMR authors, the glob...
Keep reading

High-performance Anti-corrosion Coatings Market to Record an Exponential CAGR by 2024

The global high-performance anti-corrosion coatings market was valued at US$ 12.60 Bn in 2017 and is anticipated to expand at a CAGR of 5.9% from 2018 to 2026, according to a new report titled ‘High-performance Anti-corrosion Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR). The global high-performance anti-corrosion coatings market is driven by growth of the global oil & gas industry. Asia Pacific accounts for a major share of the global market, due to growth of construction, marine, and oil & gas industries in the region. Read Report Overview @ https://www.transparencymarketresearch.com/high-performance-anticorrosion-coatings-market.html The number of oil & gas drilling and exploration activities has increased in the last few years. The Gulf of Mexico, Southeast Asia, and North Sea are currently rich in oil & gas resources and they have a large ...
Keep reading

Water Pump Market - Global Industry Analysis , Share 2023 | TMR

Albany, New York, May 29, 2017: Transparency Market Research (TMR) announces a new report on the global water pump market. The report, titled ‘Water Pump Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023,’ profiles the historical development of the market to derive useful patterns regarding the way the market has developed in the recent past. Based on a solid database of past and present data, reliable projections regarding the future growth trajectory of the global water pump market have been provided in the report. The report provides readers with a comprehensive picture of the global water pump market, making it a must-have accessory for interested parties in the market. Browse Market Research Report @ http://www.transparencymarketresearch.com/water-pump-market.html Water pumps have been a necessity in human development and have played a key role in the development of human civilization itself. In recent years, the global w...
Keep reading