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Dimethylformamide Market by Type, End-Use Industry And Region - Global Forecast to 2022

Dimethylformamide Market: Global Forecast until 2022

  • February 2018
  • 122 pages
  • ID: 5309143
In this report:
The demand for DMF in the chemical end-use industry was ##.## kilotons in 2016, which is ##.##% of the total consumption, in terms of volume.
The demand from the electronics end-use industry, the second-largest segment of the DMF market, was ##.## kilotons in 2016, which was ##.##% of the total consumption.

Summary

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The DMF market is estimated to rise at a compound annual growth rate of ~4.4 percent between 2017 and 2022.

The DMF market is forecasted to grow from $637.80M in 2017 to $792.10M by 2022, at a compound annual growth rate of ~4.4 percent between 2017 and 2022. The increase of the DMF market can be accredited to the growing demand for dimethylformamide from different end-use industries including chemical, electronics, agrochemical, and pharmaceutical. On the other hand, increasing concerns across the world concerning harmful effects of dimethylformamide on human health due to prolonged exposure to it is a restraining factor for the increase ot the DMF market.

Among end-use sectors, the chemical segment is projected to dominate the DMF market between 2017 and 2022, in terms of capacity and value.

Dimethylformamide is used in several end-use industries including chemical, electronics, pharmaceutical, and agrochemical. Nevertheless, the chemical end-use industry segment is forecasted to dominate the DMF market during the estimate period, in terms of value concern and quantity. The increase of this segment of the industry can be connected to the raised demand for acrylic fibers and polyurethane-based products from countries including the US, China (CN), India (IN), and Brazil (BR), among others.

The Asia Pacific DMF market forecasted to grow at the highest CAGR (Compound annual growth rate) during the outlook period, in terms of value significance.

In 2016, the Asia Pacific area recorded for the biggest share of the DMF market, in terms of quantity and value. The Asia Pacific DMF market is expected to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022, in terms of value importance.

The rise of the Asia Pacific DMF market can be accredited to the high economic increase in the area and rised business investments in the industries including chemical, pharmaceutical, electronics, and agrochemical by governments of distinct countries of the territory. Furthermore, the continuously increasing population, ongoing industrialization, and growing purchasing power of consumers are also leading to the increase of the Asia Pacific DMF market.

Extensive primary audit sessions have been conducted and info has been gathered from secondary research to determine and verify sizes of different segments and subsegments of the DMF market.

Breakup of Primary Interviews:

• By Company category - Tier 1 - 50.0 percent, Tier 2 - 25.0 percent, and Tier 3 - 25.0 percent

• By Designation Level - C-suite - 16.0 percent, D-level - 42.0 percent, and Others - 42.0 percent

• By Area - Asia-Pac - 42.0 percent, EU - 33.0 percent, North America (NA) - 17.0 percent, South America area -5.0 percent, and the Middle East area & African continent - 3.0 percent

The main companies decribed in this industry report are BASF, Eastman Chemical, Merck, Luxi Chemical Group, Jiutian Chemical Group, Mitsubishi Gas Chemical, The Chemours, Zhejiang Jiangshan Chemical, Chemanol, AK-KIM, and Pharmco-Aaper

Segment Research

The DMF market has been divided on the basis of category (reactant and feed-stock), end-use sector (chemical, electronics, pharmaceutical, and agrochemical), and area (North America continent, Europe (EU), Asia Pacific (APAC), the Middle East (ME) & African continent, and South America region). The end-use industry segment has been further analyzed for various countries of distinct regions.

Reasons to Buy the Report

From an insight prospect, this market research highlights on several levels of analyses - industry, market share study of the top actors, value chain study, and company descriptions. These insights together comprise and discuss the basic overviews on the competitive landscape; coming out and high-growth segments of the market; high increase regions; and drivers, market restraints, alternatives, and opportunities for the DMF market.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on various types of dimethylformamide provided by the top actors operating in the DMF market

• Product Development/Innovative products: In-depth understanding on the next technologies, Research&development activities, and recent product launches in the DMF market

• Market Development: Highlighted information about profitable emerging sectors - the market research examines the sector for dimethylformamide across different areas

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the DMF market

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the DMF market

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