Dimethylformamide Market Growth and Segments,2016-2026

Dimethylformamide (DMF), a derivative of formamide and an amide of formic acid, is a colourless organic liquid with a high boiling point. It is available in various derivative forms, including N,N-Dimethylformamide dimethyl acetal, N,N-Dimethylformamide dietyl acetal, and N,N-dimethylformamide. It is widely used in carrying out chemical reactions owing to its miscibility with various compounds and water. In its pure form, dimethylformamide is odourless; however, impure or degraded dimethylformamide has a fishy odour because of its impurities. Dimethylformamide finds its applications in the production of films, surface coatings, and fibres. It is also widely used as an industrial solvent.

Although dimethylformamide is widely used across a wide range of end-use industries, concerns about its potential health impact remain a key challenges to its widespread adoption. Prolonged exposure to dimethylformamide has been associated with liver damage in both humans and animals. Symptoms of prolonged exposures of dimethylformamide in humans include nausea, abdominal pain, vomiting, jaundice, and rashes.

Global Dimethylformamide Market: Drivers and Restrains

Wide-ranging applications of dimethylformamide in solvents, fibres, and pesticides will continue to drive the growth of the global dimethylformamide market during the forecast period, 2016-2026. Derivatives of dimethylformamide are widely used in the manufacture of wire enamels, pesticides, pharmaceuticals, and acrylic fibres. However, concerns regarding the health impact of prolonged exposure to dimethylformamide can impede growth during the forecast period.

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Global Dimethylformamide Market Segmentation

The global dimethylformamide market has been segmented on the basis of derivatives, application, end-user, and region.

On the basis of derivatives, the global dimethylformamide market is segmented into:

N,N-Dimethylformamide dimethyl acetal

N,N-Dimethylformamide diethyl acetal

N,N-Dimethylacetamide dimethyl acetal

N,N-Dimethylformamide ditert-butyl acetal

N,N-Dimethylformamide

On the basis of applications, the global dimethylformamide market is segmented into:

Industrial solvent

Polymer fibres

Surface coatings

Films

Processing of acrylic fibres

Wire enamels

Others

On the basis of end-use industry, the global dimethylformamide market is segmented into,

Pesticides

Pharmaceuticals

Solvents

Chemicals

Others

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Global Dimethylformamide Market: Region-Wise Outlook

The global dimethylformamide market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa (MEA). Asia Pacific is the market leader in the global dimethylformamide market, owing to strong demand for dimethylformamide from the region’s pharmaceutical sector. North America is the second largest market for dimethylformamide – steady demand from the region’s solvent and films industry is fuelling the growth of the dimethylformamide market in the region. Europe is the third largest market for dimethylformamide, with applications in automobiles and surface coatings fuelling the growth of the market. Latin America dimethylformamide market is also witnessing steady growth owing to the flourishing pharmaceuticals and chemicals industry in this region. Middle East and Africa is at a nascent stage in the global dimethylformamide market although it is expected to witness promising growth rates during the forecast period.

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Global Dimethylformamide Market: Key Players

Key players in the global dimethylformamide market include:

Sigma-Aldrich Co. LLC

Paari Chem Resource

HELM AG

OCI Corp

ANHUI HAOYUAN CHEMICAL GROUP CO., LTD.

Cable House

J. N. Chemical

Artha Enterprise

Alpha Chemika

Antares Chem Private Limited

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This release was published on openPR.