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Dimethylformamide (DMF) Market is expected to show growth from 2024 to 2030, reported by Maximize Market Research

10-24-2024 02:44 PM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Dimethylformamide (DMF) Market

Dimethylformamide (DMF) Market

The Dimethylformamide (DMF) Market size was valued at USD 1.8 Billion in 2023 and the total Detonator revenue is expected to grow at a CAGR of 5.8% from 2024 to 2030, reaching nearly USD 10.19 Billion by 2030.

๐ƒ๐ข๐ฆ๐ž๐ญ๐ก๐ฒ๐ฅ๐Ÿ๐จ๐ซ๐ฆ๐š๐ฆ๐ข๐๐ž (๐ƒ๐Œ๐…) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

DMF is an organic solvent that is hygroscopic. It is used in the production of acrylic fibers, plastics, pharmaceuticals, pesticides, adhesives, synthetic leathers, fibers, films, and surface coatings. Increasing demand for dimethylformamide (DMF) in industries like pharmaceuticals, textiles, electronics, and plastics is fueling market growth. Developing countries in the Asia Pacific region are experiencing significant growth due to expanding textile industries and rising pharmaceutical sector demand. Different grades of dimethylformamide solvents are utilized in various end-use industries like drug manufacturing, wire enamels, epoxy laminated coatings, and pesticides, driving the market growth. Despite government regulations and economic downturns posing challenges, the market is expanding. Other applications including as a special solvent in paint strippers, adhesives, surface coatings, welding gas, wire coating resins, and in pesticides and pharmaceuticals are also contributing to the global growth of the dimethylformamide market.

The major key players are the BASF, Eastman Chemical, Merck, Luxi Chemical Group, Jiutian Chemical Group, Mitsubishi Gas Chemical, The Chemours, Zhejiang Jiangshan Chemical, Chemanol, and AK-KIM. In 2023, North America led the market with the largest share. Affordable natural products are expected to support demand in the region. The pharmaceutical industry's investments in research, hospitals, and DMF demand are significant. The U.S. plays a key role in North American DMF market, with a focus on healthcare improvement and chemical processing industries utilizing DMF for various applications. Asia Pacific is projected to lead the global DMF market in value growth, driven by the rising populations of Asian countries. China and other Asian nations dominate the market in industries like chemicals, pharmaceuticals, and textiles, with the region's strong pharmaceutical sector and demand for synthetic fibers boosting growth.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.maximizemarketresearch.com/request-sample/1917/

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ:

In July 2022, Covestro set up polyurethane plants in Shanghai, investing in the mid-double-digit million-euro range, at their integrated site. (22 words)
In November 2022, Hualu Hengsheng plans to expand DMF production facility by 150,000 metric tons in Jingzhou within two years.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ƒ๐ข๐ฆ๐ž๐ญ๐ก๐ฒ๐ฅ๐Ÿ๐จ๐ซ๐ฆ๐š๐ฆ๐ข๐๐ž (๐ƒ๐Œ๐…) ๐Œ๐š๐ซ๐ค๐ž๐ญ

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)

๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ˆ๐ฌ ๐‰๐ฎ๐ฌ๐ญ ๐š ๐‚๐ฅ๐ข๐œ๐ค ๐€๐ฐ๐š :https://www.maximizemarketresearch.com/request-sample/1917/

๐ƒ๐ข๐ฆ๐ž๐ญ๐ก๐ฒ๐ฅ๐Ÿ๐จ๐ซ๐ฆ๐š๐ฆ๐ข๐๐ž (๐ƒ๐Œ๐…) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ

Reactant
Feed-Stock

๐›๐ฒ ๐“๐ฒ๐ฉ๐ž

Chemical
Electronics
Pharmaceutical
Agrochemical

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/1917/

๐ƒ๐ข๐ฆ๐ž๐ญ๐ก๐ฒ๐ฅ๐Ÿ๐จ๐ซ๐ฆ๐š๐ฆ๐ข๐๐ž (๐ƒ๐Œ๐…) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ

BASF (Germany)
Eastman Chemical (US)
Merck (Germany)
Luxi Chemical Group (China)
Jiutian Chemical Group (Singapore)
Mitsubishi Gas Chemical (Japan)
The Chemours (US)
Zhejiang Jiangshan Chemical (China)
Chemanol (Saudi Arabia)
AK-KIM (Turkey)
Pharmco Products (US)
Ineos AG
Arkema Group
Henkel AG & CO.
Imperial Chemical Corporations
Asahi Corporations
Eastman
Qingdao Hiseachem
Triveni Chemicals
Salex
BASF-YPC
A&K Petrochem
Avantor

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/market-report/dimethylformamide-dmf-market/1917/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐ƒ๐ข๐ฆ๐ž๐ญ๐ก๐ฒ๐ฅ๐Ÿ๐จ๐ซ๐ฆ๐š๐ฆ๐ข๐๐ž

Which region has the largest share in Global market?
What is the growth rate of Global market?
What is scope of the Global market report?
Who are the key players in Global market?
What is the study period of this Market?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Dimethylformamide (DMF) Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Dimethylformamide (DMF) Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by
Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐ก๐š๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง

Silicon Fertilizer Market is expected to grow at a CAGR of 4% during the forecast period and is expected to reach US$ 152.29 Mn by 2030.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-silicon-fertilizer-market/21324/

Polylactic Acid Market was valued at USD 1.68 Bn in 2023 and expected to reach US$ 5.74 Bn by 2030, at a CAGR of 19.2% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-polylactic-acid-market/22885/

Thermal Spray Coatings Market size was valued at US$ 9.30 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 7.0% from 2024 to 2030, reaching nearly US$ 14.94 Bn.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-thermal-spray-coatings-market/23750/

Noble Gas Market is expected to grow at a CAGR of 5.3% during the forecast period and is expected to reach US$ 13.06 Bn. by 2029.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/noble-gases-market/24395/

The Bentonite Market size was valued at USD 1.89 Billion in 2023 and the total Bentonite Market revenue is expected to grow at a CAGR of 8.1 % from 2024 to 2030, reaching nearly USD 3.26 Billion.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-bentonite-market/25076/

2-Ethylhexanol (2-EH) Market is expected to grow at a CAGR of 5.5% reaching US$ 11.76 Bn by end of forecast 2030.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-2-ethylhexanol-2-eh-market/70203/ ๏ปฟ

Global 3D Concrete Printing Market size was valued at USD 0. 428 billion in 2023 and the total Global 3D Concrete Printing revenue is expected to grow at 117.5 % from 2024 to 2030, reaching nearly USD 98.5 Billion by 2030.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-3d-concrete-printing-market/28437/

Global Acrylic Esters Market was valued at US$ 10.39 Bn in 2023 and expected to reach US$ $ 16.15 Bn by 2030, at a CAGR of 6.5% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-acrylic-esters-market/22900/

Global Adhesives and Sealant Additives Market is expected to reach US$ 95.90 Bn. by 2030, at a CAGR of 4.6% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-adhesives-and-sealant-additives-market/108195/

Adsorbent Market was valued at US$ 4.33 Bn. in 2023 and expected to reach US$ 6.64 Bn. by 2030, at a CAGR of 6.28% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-adsorbent-market/22845/

Advanced Ceramics Market was valued at USD 11.47 Billion in 2023, and it is expected to reach USD 16.36 Billion by 2030, exhibiting a CAGR of 5.2% during the forecast period (2024-2030)

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-advanced-ceramic-market/22146/

Global Aerogel market is expected to reach USD 1688.18 Mn. in 2030, with a CAGR of 10.2% for the period 2024-2030, because of growing demand from various end-use industry, primarily in the oil & gas industry.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-aerogel-market/2350/

Agricultural Micronutrients Market was valued USD 8.89 Bn in 2023 and is expected to reach USD 16.12 Bn by 2030, at a CAGR of 8.86 % during a forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-agricultural-micronutrients-market/50434/

The Agro Textiles Market size was valued at USD 5.85 Billion in 2023 and the total Agro Textiles Market revenue is expected to grow at a CAGR of 5.6% from 2024 to 2030, reaching nearly USD 8.56 Billion.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-agro-textile-market/33627/

Alcohol Ethoxylates Market size is expected to reach nearly US$ 16.73 Bn. by 2030 with the CAGR of 4.2% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-alcohol-ethoxylates-market/24343/

๐Œ๐€๐—๐ˆ๐Œ๐ˆ๐™๐„ ๐Œ๐€๐‘๐Š๐„๐“ ๐‘๐„๐’๐„๐€๐‘๐‚๐‡ ๐๐•๐“. ๐‹๐“๐ƒ.

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Maximize Market Research is a global Market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more. Their services cover Market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence. Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their Market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving Market landscape.

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