Dimethylformamide Market trends research and projections for 2025 Dimethylformamide Market

Global Dimethylformamide Market trends research
and projections for 2019-2025: Global Market Insights
Inc.
According to new Global Market Insights, Inc, chemical research report
Dimethylformamide Market size is poised to see healthy growth rate from 2019 to 2025
due to rising product demand from agrochemical, chemical, pharmaceutical and
electronics industry. In pharmaceutical industry, DMF is widely applied as a reaction
& crystallization solvent as the product possess excellent solvency features. Asia
Pacific pharmaceutical industry is growing rapidly with the key players making
substantial investment in their R&D facilities to develop innovative solutions, which will
have subsequent positive impact on the dimethylformamide market size in the forecast
timeframe. According to IBEF, Indian pharmaceutical companies spend approximately
8 to 11% of their total turnover on R&D to develop innovative solutions/drugs.
DMF is widely used as a solvent, catalyst and reactant in the chemical & petrochemical
industry. For instance, inorganic and organic residues are highly soluble in DMF and
therefore it is used as a cleaner for hot dip tinned parts in the chemical industry.
Moreover, product is widely applicable across electronics industry owing to its high
solvency. For instance, high solubility of inorganic substances in DMF results in the
production of high voltage capacitors in the electronic industry. Strong growth in the
electronics industry mainly in North America, owing to rapid technology advancement,
is likely to exert positive influence on the dimethylformamide market size in the
forecast timeframe.
Prolonged human exposure to DMF is considered harmful, owing to its carcinogenic
behavior as suggested by International Agency for Research on Cancer (IARC), which
is likely to hinder the growth of dimethylformamide market share in the forecast
timeframe. However, rising product demand from the various end-user’s industry will
generate ample opportunities, which will help attain promising gains to the overall
dimethylformamide market in the coming years.
Based on the application, dimethylformamide market is segmented into catalyst,
reactant and feedstock. It is applicable as catalyst in several reactions carried out in
the chemical and other end-user industries. For instance, it is used as a catalyst in the
synthesis of acyl chloride from carboxylic acid by using oxalyl or thionyl chloride.
Moreover, it is extensively used as an inexpensive commercially available solvent in
the chemical industry owing to its aprotic and hydrophilic properties. Furthermore, it is
also used as a reagent in several reactions namely Vilsmeier–Haack reaction, Friedel–
Crafts reaction, Beckmann rearrangement, among several others. In the Vilsmeier–
Haack reaction, DMF is used in the formylation of aromatic and non-aromatic
compounds.
1 | Page