Dimethylformamide is a colorless organic compound with a formula (CH3)2NC(O)H and CAS number 68-12-2. Dimethylformamide is mainly used as an industrial solvent for several applications, including polymer fibers, films, and surface coatings. Dimethylformamide is a combination of methyl formate and dimethylamine or the combination of carbon monoxide with dimethylamine. Dimethylformamide is also utilized as a catalyst in several chemical reactions and used in raw material in various chemical reactions due to its miscibility with water and multiple compounds. The vigorous growth of the chemical and pharmaceutical industry worldwide is projected to drive the demand for dimethylformamide in various applications substantially. Owing to the great solubility of organic and inorganic remains, dimethylformamide is vastly used as a cleaner for hot-dip tinned parts in the chemical industry. Besides the driving factors, the factors such as government restrictions about the extent of usage of dimethylformamide in industries coupled with the global economic slowdown have impeded the market growth. The Dimethylformamide Market is likely to grow at the rate of 4.72% CAGR by 2027.   

Research Methodology:

The Dimethylformamide Market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology and a unique balance of primary insights. The real-time valuation of the market is an integral part of our forecasting and market sizing methodology. Industry experts and our primary participants have helped to compile related aspects with accurate parametric estimations for a complete study. The primary participants share is given below:

Dimethylformamide Market based on Product Type

• First grade
• Qualified grade
• Others

Dimethylformamide Market based on Applications

• Catalyst
• Reactant
• Feedstock 

Dimethylformamide Market based on End-Users

• Agrochemical
• Electronics
• Chemical & Petrochemical
• Pharmaceutical
• Others

Dimethylformamide Market based on Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

The dimethylformamide (DMF) market is bifurcated into first grade, qualified grade, and others based on product type. The first grade segment accounts for the major share of the market; On the other hand, the qualifier grade segment is projected to increase rapidly during the forecast period. The growth of the segment can be ascribed to the increasing use of these products in several industries.

As per the market by application, the market is classified into catalyst, reactant, and feedstock. The product is most widely used as a catalyst in various reactions performed in chemical and other industries. For instance, it is utilized as a catalyst in synthesizing acyl chloride from a carboxylic acid by utilizing oxalyl or thionyl chloride. Additionally, it is widely applied as an affordable commercially available solvent in the chemical industry due to its aprotic and hydrophilic properties. Thus, the catalyst segment is projected to witness the highest growth in the coming years.

Further based on end-user, the market is divided into, Agrochemical, Electronics, Chemical & Petrochemical, Pharmaceutical, and Others. Among these segments, the agrochemical segment had held a significant share in the market. DMF in the agrochemical industry is used as a solvent in the manufacturing of pesticides. Increasing pesticide demand worldwide to improve the agriculture industry output is projected to make a major constructive impact on the dimethylformamide market size in the next few years.

As in the geography market, the Asia Pacific region has acquired a substantial share in the market. India, followed by China and Japan, is considered the largest producer of pesticides. The market is projected to witness robust growth in the region due to the continuously increasing demand for pesticides in the coming years.

Globally, dimethylformamide is substantially applicable in the electronics industry due to its high solvency. For instance, the high solubility of inorganic substances in DMF leads to the generation of high voltage capacitors in the electronic industry. This is a substantial factor that is anticipated to bolster the global market growth in the coming years.

Key players operational in the market are Samsung Fine Chemicals Co., Ltd., Shandong Hualu-Hengsheng Chemical Co., Ltd., Shandong IRO Amine Industry Co., Ltd., The Chemours Company, Zhejiang Jiangshan Chemical Co., Ltd., Johnson Matthey Davy Technologies, Luxi Chemical Group Co., Ltd., Mitsubishi Gas Chemical Co., Inc., Anyang Chemical Industry Limited Liability Company and Balaji Amines Ltd.

Henceforth, the dimethylformamide market is witnessing healthy gains over the forecasted period. The product is most widely used in various applications due to its benefits. Most prominently, dimethylformamide has a wide scope in the agrochemical and automotive industries.

• Complete details on factors that will foster the market growth during the next five years are mentioned in the report.
• An accurate estimation of the dimethylformamide market size and its contribution to the whole market is mentioned in the report.
• This report describes and defines the dimethylformamide market facts and figures and accurate estimations on future trends and changes in consumer preferences.
• This report includes the estimation of possible opportunities for the market by all segments and sub-segments.

1. Executive Summary
2. Industry Outlook
   1. Industry Overview
   2. Industry Trends
3. Market Snapshot
   1. Market Definition
   2. Market Outlook
      1. Porter Five Forces
   3. Related Markets
4. Market characteristics
   1. Market Overview
   2. Market Segmentation
   3. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
   4. DRO - Impact Analysis
5. Product Type: Market Size & Analysis
   1. Overview
   2. First grade
   3. Qualified grade
   4. Others
6. Applications: Market Size & Analysis
   1. Overview
   2. Catalyst
   3. Reactant
   4. Feedstock
7. End-Users: Market Size & Analysis
   1. Overview
   2. Agrochemical
   3. Electronics
   4. Chemical & Petrochemical
   5. Pharmaceutical
   6. Others
8. Geography: Market Size & Analysis
   1. Overview
   2. North America
   3. Europe
   4. Asia Pacific
   5. Rest of the World
9. Competitive Landscape
   1. Competitor Comparison Analysis
   2. Market Developments
      1. Mergers and Acquisitions, Legal, Awards, Partnerships
      2. Product Launches and execution
10. Vendor Profiles
    1. Samsung Fine Chemicals Co., Ltd.
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    2. Shandong Hualu-Hengsheng Chemical Co., Ltd.
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    3. Shandong IRO Amine Industry Co., Ltd.
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    4. The Chemours Company
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    5. Zhejiang Jiangshan Chemical Co., Ltd.
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    6. Johnson Matthey Davy Technologies
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    7. Luxi Chemical Group Co., Ltd.
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    8. Mitsubishi Gas Chemical Co., Inc.
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    9. Anyang Chemical Industry Limited Liability Company
       1. Overview
       2. Financial Overview
       3. Product Offerings
       4. Developments
       5. Business Strategy
    10. Balaji Amines Ltd.
        1. Overview
        2. Financial Overview
        3. Product Offerings
        4. Developments
        5. Business Strategy
11. Analyst Opinion
12. Annexure
    1. Report Scope
    2. Market Definitions
    3. Research Methodology
       1. Data Collation and In-house Estimation
       2. Market Triangulation
       3. Forecasting
    4. Report Assumptions
    5. Declarations
    6. Stakeholders
    7. Abbreviations