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Dimethylformamide (DMF) Market 2020-2027 | Comprehensive Study Explores Huge G

Dimethylformamide (DMF) Market

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Dimethylformamide (DMF) Market 2020-2027 | Comprehensive Study Explores Huge G

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  1. Dimethylformamide Dimethylformamide (DMF) Market To Reach (DMF) Market To Reach USD 923.9 Million By USD 923.9 Million By 2026 2026 www.reportsanddata.com www.reportsanddata.com

  2. Market Market Summary Summary According to the current analysis of Reports and Data, the global dimethylformamide market was valued at USD 650.3 Million in 2018 and is expected to reach the value of USD 923.9 Million by the end of the year 2026, at a CAGR of 4.5%. 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. Geographically, the Asia Pacific market is expected to dominate the market during the forecast period. The driving factor in the region is the growing demand for DMF from end-use industries like agrochemical, electronics, pharmaceutical, and chemical. Due to the ever-increasing demand for pesticides to improve crop yield, the industry is expected to witness healthy gains in the forecast timeline. These trends are also expected to increase the demand for dimethylformamide. Apart from this, growing consumer demand from the pharmaceutical industry will be a key contributor to the Asia Pacific market in the forecast period as a solvent for the preparation of many drugs. Read More: https://www.reportsanddata.com/report-detail/dimethylformamide-dmf-market

  3. Market Market Summary Summary Further key findings from the report suggest • Dimethylformamide market is growing at a CAGR of 8% in the Asia Pacific, followed by North America and Europe with 4.6% and 3.9% CAGR, respectively. High industrial applications of the dimethylformamide is the key factor to accelerate the market growth during forecast period across all regions. • The Asia Pacific is expected to account for 58.4% of the global dimethylformamide market. The large number of manufacturers are in developing nations, such as China and India. • The solvent is the dominating dimethylformamide application, which holds 31.4% of the global market. The Asia-Pacific market is the chief revenue-generating source for this product segment, followed by North America and Europe regions • The chemical end-use segment is expected to be the fastest-growing market segment during the forecast period 2019-2026 with a CAGR of 4.8% in the end-use segment. The large number use of chemicals to develop dimethylformamide and the risk associated with the chemicals is a challenge. • Other applications segments, such as construction, personal care products, manufacturing rubber, paint, textiles, was valued at USD 154.8 Million in 2018 and is expected to reach the value of USD 218.4 Million by the end of the year 2026.

  4. Market Market Summary Summary 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; 2016–2026) Reactant Feed-Stock Others • • • • Application (Volume in Metric Tons; Revenue in USD Million; 2016–2026) Solvents Polymers Fiber Films Adhesive Wire Enamels Surface Coatings Other Applications • • • • • • • •

  5. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com Direct Line: +1 +1- -212 212- -710 710- -1370 1370 E-mail: sales@reportsanddata.com John John Watson Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com

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