Dimethylformamide Market Size, Share & Trends Analysis Report By Application (Solvent, Catalyst), By End Use (Pharmaceutical, Chemical Manufacturing, Textiles), By Region, And Segment Forecasts, 2024 - 2030
Dimethylformamide Market Size, Share & Trends Analysis Report By Application (Solvent, Catalyst), By End Use (Pharmaceutical, Chemical Manufacturing, Textiles), By Region, And Segment Forecasts, 2024 - 2030
Dimethylformamide Market Size & Trends
The global dimethylformamide market size was estimated at USD 1.41 billion in 2023 and is projected to grow at a CAGR of 6.2% in terms of revenue from 2024 to 2030. The market is driven by high demand for dimethylformamide (DMF) in various end-use industries, such as pharmaceuticals, textiles, electronics, and plastics, which serve as a significant driver for market growth. In addition, the market is witnessing higher growth in developing countries, particularly in the Asia Pacific region, due to expanding textile industries and increasing demand in the pharmaceutical sector.
Dimethylformamide (DMF) is a colorless, odorless, and water-miscible organic compound with the molecular formula C3H7NO and a molecular weight of 73.09. It is commonly known by synonyms such as N,N-Dimethylmethanamide, Dimethyl formamide, and N-Formyldimethylamine. Due to its miscibility with water and many organic liquids, DMF is widely recognized as a versatile solvent, earning it the moniker of the "universal solvent" in various commercial applications.
Global Dimethylformamide Market Report Segmentation
This report forecasts volume & revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global dimethylformamide market report based on application, end use, and region:
Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Solvent
Catalyst
Raw Material
End Use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Pharmaceuticals
Chemical Manufacturing
Paints & Coatings
Textile
Other End Uses
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
Japan
India
South Korea
Central & South America
Brazil
Argentina
Middle East and Africa
Saudi Arabia
South Africa
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