Dimethylformamide (DMF) Market Size, Major Strategies, Key Companies, Revenue Share Analysis, 2021–2027

 


Global Dimethylformamide (DMF) Market Forecast to 2027

The Global Dimethylformamide (DMF) Market is projected to grow at a CAGR of 4.4% from USD 685.4 million in 2019 to USD 974.7 million in 2027. Dimethylformamide (DMF), is a colorless, absorbent liquid with a slight fish like odor. Due to its high aprotic nature, wide liquid range, and low volatility, it is primarily used as a solvent. It is primarily applicable largely in several industries, such as textile, chemical, agriculture, electronics, energy, automotive, pulp and paper. Due to strong applications of dimethylformamide, the solvent is well known as a Universal Solvent across the industries.

The major driving factors for dimethylformamide market are growing its demand from various end-use industries, including electronics, agrochemicals, textile, pharmaceuticals, and chemical, among others. The applications of the dimethylformamide in itself are the driving force for the solvent. Due to its high solubility of polyacrylonitrile properties and having good mixing ability in the water makes dimethylformamide a major solvent to produce acrylic fibers, which are primarily used in the clothing material in the textile market. It is used as a solvent for the production of surface coatings or synthetic leather creation. In the pharmaceutical industry, it is used solvent and crystallization agent. In the electronics industry, the dimethylformamide acts as an inorganic substance that helps in the production of high voltage capacitors.

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Top Players Analyzed in the Report are:

Eastman Chemical Company (U.S.), BASF SE (Germany), Merck & Co., Inc. (U.S.), J.N. Chemicals (India), DuPont de Nemours, Inc. (U.S.), Mitsubishi Gas Chemical (Japan), Zhejiang Jiangshan Chemical Co, Ltd. (China), The Chemours Company (U.S.), Pharmco-Aaper (U.S.), and Luxi Group Co., Ltd. (China).

For the purpose of this report, Reports and Data has segmented the Dimethylformamide market on the basis of Type, Application, End Use, and Region:

Type (Volume in Metric Tons; Revenue in USD Million; 2016–2027)

  • Reactant
  • Feed-Stock
  • Others

Application (Volume in Metric Tons; Revenue in USD Million; 2016–2027)

  • Solvents
  • Polymers Fiber
  • Films
  • Adhesive
  • Wire Enamels
  • Surface Coatings
  • Other Applications

End Use (Volume in Metric Tons; Revenue in USD Million; 2016–2027)

  • Chemical
  • Electronics
  • Pharmaceutical
  • Agrochemical
  • Others

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Regional Analysis Covers:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Benefits of Global Dimethylformamide (DMF) Market Report:

·       Comprehensive analysis of the changing market dynamics

·       A futuristic outlook on different factors influencing the market

·       An 8-year forecast of the market growth and expected revenue growth

·       Ease of understanding of the market, key segments, and their future growth

·       In-depth analysis of the competitive landscape to give an advantageous edge for the companies

·       Extensive insight into the market with in-depth analysis of the segmentation

To know more about the report, visit @ https://www.reportsanddata.com/report-detail/dimethylformamide-dmf-market

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