Dimethylformamide (DMF) Market

Posted By : FrankHarri 14

Dimethylformamide (DMF) Market is expected to reach USD 947.3 Million by 2026 from USD 611.2 Million in 2016 at a CAGR of 4.48%. Different grades of dimethylformamide solvents used are different in end-use industries by their requirements such as in industries manufacturing drugs, wire enamels & epoxy laminated coatings and pesticides is fueling the growth of the dimethylformamide market. However, government regulations and economic slowdown are expected to restraint the market growth. Other applications include special solvent for ingredient in paint strippers, adhesive and surface coatings, welding gas, wire coating resins, as a reaction agents in pesticides and pharmaceuticals and for electrolytic capacitors are boosting the growth of dimethylformamide market globally. Based on end-use industry, the market has been segmented into chemical, electronics, pharmaceutical and agrochemical. Chemical end-use industry segment is expected to lead the dimethylformamide market during the forecast period. Chemical segment of the market is also projected to grow at the highest CAGR during forecast. Chemical end-use industry segment accounted for the largest share of the dimethylformamide market, attributed to increased demand from polyurethane-based products from the footwear, leather, and acrylic fiber manufacturing industries. Geographically, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is expected to be one of the largest markets for dimethylformamide due to large pharmaceuticals and chemical industry.   Scope of the Report:Dimethylformamide Market, by Type:• Reactant • Feed-Stock Dimethylformamide Market, by End-Use Industry:• Chemical • Electronics • Pharmaceutical • Agrochemical Dimethylformamide Market, by Geography: • North America • Europe • Asia Pacific • Middle East & Africa • Latin America Key Players Operating in the Dimethylformamide Market include: • 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)

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Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors

Report Published by: Maximize Market Research

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