Dimethylformami de (DMF) (CAS
68-12-2) Market
Dimethylformamide (DMF) (CAS 68-12-2) Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Dimethylformamide (DMF) (CAS 68-12-2) Market Size and Growth
The Dimethylformamide (DMF) market, valued at approximately $1.2 billion in 2023, is expected to grow due to rising demand in pharmaceuticals, agrochemicals, and electronics. Market conditions are influenced by regulatory challenges and shifts towards eco-friendly solvents, driving innovation and application diversification within the sector. Growth is projected at 5% annually.
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Companies Covered
(Covid 19 Impact Covered)
◍ Eastman
◍ BASF
◍ HELM AG
◍ Zhejiang Jiangshan Chemical
◍ Dow Chemical Company
◍ DuPont
◍ KAMDHENU CHEMICALS
◍ KH Chemicals
◍ Triveni Chemicals
The Dimethylformamide (DMF) market features key players like Eastman, BASF, and DuPont, utilizing DMF for solvent applications. Companies drive market growth through product innovation and strategic partnerships. Revenue figures include:
- BASF: ~$80 billion (2022)
- Eastman: ~$10 billion (2022)
- DuPont: ~$19 billion (2022).
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Market Segmentation
By Application
Agrochemical Industry
Chemicals and Pharmaceuticals ◍ Electronics Industry
◍ Fiber Spinning
◍ Paints, Coatings & Resins
◍ PU Coatings & Synthetic Leather
By Product
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Market Growth
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$ X Billion USD
