Global 2, 2-Dimethoxypropane Market Research Report 2023

The global 2, 2-Dimethoxypropane market was valued at US$ 45 million in 2022 and is anticipated to reach US$ 63 million by 2029, witnessing a CAGR of 4.9% during the forecast period 2023-2029.

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2,2-Dimethoxypropane is an organic compound and an alkylating reagent, which is also named as DMP for short. The chemical formula is C5H12O2 and the molecular formula is (CH3)2C(OCH3)2. It is the acetalisation product of acetone and methanol. 2,2-Dimethoxypropane is an intermediate for the synthesis of 2-methoxypropene. In histology, DMP is now considered to be more efficient than ethanol for the dehydration of animal tissue.

DMP is commonly used as a water scavenger in water-sensitive reactions -- any available water will react with DMP to form acetone and methanol.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

2,2-Dimethoxypropane production is labor-intensive industry. Currently, there are several producing companies in the world 2,2-Dimethoxypropane industry, more of which are located in China. The main market players are BASF, Ningbo Huana Chemical, Jiangsu Dingye Pharmaceutical, Hangzhou Ruiqi Chemical, with about 87% market shares.

Segment by Type
Below 99.0%
99.0-99.5%
Above 99.5%

Segment by Application
Pharmaceuticals Industry
Pesticide Industry
Perfume Industry
Others

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Taiwan)
Southeast Asia (India)
Latin America (Mexico, Brazil)

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This release was published on openPR.