The Dimethylformamide (DMF) Market to be Worth 792.1 Million USD by 2022

The Dimethylformamide (DMF) Marketis projected to grow from USD 637.8 million in 2017 to USD 792.1 million by 2022, at a CAGR of 4.43% from 2017 to 2022.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=129340374

The Asia Pacific region is the largest market for dimethylformamide in terms of both, value as well as volume. The Asia Pacific DMF market is projected to grow at the highest CAGR during the forecast period in terms of both, value as well as volume. The growth of the Asia Pacific DMF market can be attributed to the increased demand for dimethylformamide from countries such as China, Japan, South Korea, India, Indonesia, and Thailand due to growing use of dimethylformamide in various end-use industries such as chemical, electronics, pharmaceutical, and agrochemical. Moreover, ongoing industrialization in the region resulting in the large industrial base for footwear, synthetic leather, and pesticides manufacturing industries is also contributing to the growth of the Asia Pacific DMF market.


The chemical segment of the DMF market is projected to grow at the highest CAGR between 2017 and 2022, in terms of volume and value. The growth of this segment of the market can be attributed to the growing demand for synthetic leather from the footwear and automobile industries as dimethylformamide solvents are used to manufacture synthetic leather. Dimethylformamide is also used as feedstock in the production of polyurethane, which is used in the automotive industry. As the manufacturers of automobiles are focusing on R&D activities to ensure safety and comfort of passengers, it is contributing to increased demand for polyurethane-based products from the automotive industry. This has led to the growth of the chemical segment of the DMF market across the globe.


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), and Pharmco-Aaper (US) are some of the key companies operating in the DMF market.


The key players operating in the DMF market have adopted various strategies such as investments & expansions, new product launches, mergers & acquisitions, and partnerships to expand their overall businesses and tap emerging markets. Several companies have also developed and launched a number of innovative products to enhance their presence in the emerging markets.



Key Target Audience of Dimethylformamide (DMF) Market:

Manufacturers of Dimethylformamide
Raw Material Suppliers
Traders, Distributors, and Suppliers of Dimethylformamide
Regional Dimethylformamide Manufacturer Associations and General Dimethylformamide Associations
Government & Regional Agencies and Research Organizations
Investment Research Firms


 Scope of the Report:

DMF Market, by Type:

  • Reactant
  • Feed-Stock


DMF Market, by end-use Industry:

  • Chemical
  • Electronics
  • Pharmaceutical
  • Agrochemical


DMF Market, by Region:


  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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