Global Dimethylformamide (DMF) Market Research Report 2020
Dimethylformamide is an organic compound with the formula (CH3)2NC(O)H. Commonly abbreviated as DMF (although this acronym is sometimes used for dimethylfuran), this colourless liquid is miscible with water and the majority of organic liquids. DMF is a common solvent for chemical reactions. Dimethylformamide is odorless whereas technical grade or degraded samples often have a fishy smell due to impurity of dimethylamine. As its name indicates, it is a derivative of formamide, the amide of formic acid.
First, the Dimethylformamide (DMF) industry concentration is high; China is the biggest producer and consumer of DMF. There are no more than one hundred manufacturers in the world, and high-end products mainly come from America and western European.
In the world wide, giant manufactures mainly distribute in China. The four biggest manufactures of DMF are located in China, which accounts for nearly a half of the global production. American and Europe has a long history and unshakable status in this industry, like BASF and DuPont, both have perfect products. Asia companies Samsung and Mitsubishi are also important player in this market.
Second, many company have several plants, usually close to aimed consumption market. Jiangshan Chemical and Jinmei Riyue are typical manufacturers that aiming at Zhejiang market and Shandong Market where produces most part of China’s PU material. Some company usually take a joint venture enter into aim market, like BASF-YPC is a joint venture of BASF and Sinopec, which locates in Jiangsu province.
Third, all manufactures in the world are committed to the improvement of product. These two years, some Chinese manufactures can almost catch up with the world's leading technology too.
Fourth, the import and export percent of this industry is high. Since the supply of DMF in China is more than demand, China has to export more than 100 KMT products to other area. Also, foreign companies are willing to buy Chinese products due to its low price.
Fifth, company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. Belgium company Taminco bought UBC to develop its market of DMF, then bought American company Air product to develop its business in United States. Now Tamin co is a subsidiary of Eastman. As the downstream consumption usually follows with developed and rapid economic growth areas, the developed areas’ company prefers investing to underdevelopment regions these years., such as German Company Helm provide technical support to Saudis Chemanol.
Sixth, this industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Dimethylformamide (DMF) will increase.
Seventh, we tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Market Analysis and Insights: Global Dimethylformamide (DMF) Market
The global Dimethylformamide (DMF) market is valued at 111.1 million US$ in 2020 is expected to reach 180 million US$ by the end of 2026, growing at a CAGR of 7.1% during 2021-2026.
Global Dimethylformamide (DMF) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
First grade
Qualified grade
Other
Segment by Application
Polyurethane processing
Polyacrylonitrile
Copper Clad Laminate
Pharmaceuticals
Other
Global Dimethylformamide (DMF) Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Dimethylformamide (DMF) market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Dimethylformamide (DMF) Market:
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Samsung Fine Chemicals, BASF, DowDuPont, Saudis Chemanol, Taminco, Formosa Plastics, Mitsubishi Gas Chemical, Balaji Amines, Shandong Hualu-Hengsheng Chemical, Zhejiang Jiangshan Chemical, Anyang Chemical Industry, Shandong Jinmei Riyue Industry, Inner Mengolia Yuanxing, Luxi Chemical, Shaanxi Yanchang Petroleum Group, Anhui Huaihua Group, Taminco MGC (Nanjing), BASF-YPC Company Limited, Haohua-Junhua Group, etc.
First, the Dimethylformamide (DMF) industry concentration is high; China is the biggest producer and consumer of DMF. There are no more than one hundred manufacturers in the world, and high-end products mainly come from America and western European.
In the world wide, giant manufactures mainly distribute in China. The four biggest manufactures of DMF are located in China, which accounts for nearly a half of the global production. American and Europe has a long history and unshakable status in this industry, like BASF and DuPont, both have perfect products. Asia companies Samsung and Mitsubishi are also important player in this market.
Second, many company have several plants, usually close to aimed consumption market. Jiangshan Chemical and Jinmei Riyue are typical manufacturers that aiming at Zhejiang market and Shandong Market where produces most part of China’s PU material. Some company usually take a joint venture enter into aim market, like BASF-YPC is a joint venture of BASF and Sinopec, which locates in Jiangsu province.
Third, all manufactures in the world are committed to the improvement of product. These two years, some Chinese manufactures can almost catch up with the world's leading technology too.
Fourth, the import and export percent of this industry is high. Since the supply of DMF in China is more than demand, China has to export more than 100 KMT products to other area. Also, foreign companies are willing to buy Chinese products due to its low price.
Fifth, company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. Belgium company Taminco bought UBC to develop its market of DMF, then bought American company Air product to develop its business in United States. Now Tamin co is a subsidiary of Eastman. As the downstream consumption usually follows with developed and rapid economic growth areas, the developed areas’ company prefers investing to underdevelopment regions these years., such as German Company Helm provide technical support to Saudis Chemanol.
Sixth, this industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Dimethylformamide (DMF) will increase.
Seventh, we tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Market Analysis and Insights: Global Dimethylformamide (DMF) Market
The global Dimethylformamide (DMF) market is valued at 111.1 million US$ in 2020 is expected to reach 180 million US$ by the end of 2026, growing at a CAGR of 7.1% during 2021-2026.
Global Dimethylformamide (DMF) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
First grade
Qualified grade
Other
Segment by Application
Polyurethane processing
Polyacrylonitrile
Copper Clad Laminate
Pharmaceuticals
Other
Global Dimethylformamide (DMF) Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Dimethylformamide (DMF) market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Dimethylformamide (DMF) Market:
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Samsung Fine Chemicals, BASF, DowDuPont, Saudis Chemanol, Taminco, Formosa Plastics, Mitsubishi Gas Chemical, Balaji Amines, Shandong Hualu-Hengsheng Chemical, Zhejiang Jiangshan Chemical, Anyang Chemical Industry, Shandong Jinmei Riyue Industry, Inner Mengolia Yuanxing, Luxi Chemical, Shaanxi Yanchang Petroleum Group, Anhui Huaihua Group, Taminco MGC (Nanjing), BASF-YPC Company Limited, Haohua-Junhua Group, etc.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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