Dimethylformamide (DMF) Market Set to Flourish with Anticipated Worth of $2.7 Billion by 2027

Dimethylformamide (DMF) Market Set to Flourish with Anticipated Worth of $2.7 Billion by 2027
Browse 261 market data Tables and 38 Figures spread through 205 Pages and in-depth TOC on “Dimethylformamide (DMF) Market”
Dimethylformamide (DMF) Market by Type (Reactant and Feedstock), End-use industries (Chemicals, Electronics, Pharmaceutical, and Agrochemical), and Region (Asia Pacific, Europe, North America, Europe, MEA and South America) – Global Forecast to 2027

The Dimethylformamide (DMF) Market is projected to grow from USD 2.3 billion in 2022 to USD 2.7 billion by 2027, at a CAGR of 3.2% between 2022 and 2027. Asia Pacific is estimated to be the largest consumer of DMF. The global DMF market is driven by the growing demand for DMF in different end-use industries.

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

The key players operating in the market are Shandong Hualu Hengsheng (China), Jiutian Chemical Group Limited (Singapore), Luxi Chemical Group Co., Ltd. (China), Shaanxi Xinghua Chemistry (China), and Shandong jinmei Riyue Chemical Co., Ltd. (China).

Jiutian Chemical Group Limited is a specialist in the fine chemical industry. It manufactures and produces DMF, methylamine, sodium hydrosulfite, and Dimethylacetamide (DMAC). It is also involved in the processing and sale of consumable carbon dioxide, oxygen-18, and deuterium-depleted water. It is one of the leading players in the DMF market globally. The company has successfully used available local resources to cater to the local as well as the global market. Also, the Singapore government has increased the investments in infrastructure to facilitate and improve the business environment, which has been accessed by the organization to drive growth.

Shaanxi Xinghua Chemistry Co., Ltd. manufactures and sells chemical products such as ammonium nitrate, porous ammonium nitrate, compounded fertilizers, nitric acid, and carbon-based iron powders. It is a well-established chemical manufacturer in China that accounts for the major share of the DMF market in Asia Pacific. The company has become the largest production base of ammonium nitrate, and its product sales have covered 25 provinces and autonomous regions.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=129340374  

According to Statista, the revenue generated by the country’s appliances business is expected to expand at a 9.4% annual pace between 2020 and 2024, reaching USD 70,388 million by 2024. The country’s population’s level of living and spending power are steadily rising, bolstering the appliance business. It encourages the rapid growth of both foreign and Chinese brands. The country’s growing appliance industry is driving up the use of DMF.

Read Our Trending Press Release Below:

Syntactic Foam Market – Global Forecast to 2025

Cosmetic Pigments Market – Global Forecast to 2026 

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/dimethylformamide-market-129340374.html