Global Dimethylacetamide Market- Industry Analysis and Forecast (2020-2027)

The global dimethylacetamide market was valued US$ 2.42 Bn in terms of value and is expected to reach US$ 4.32 Bn by 2027, at a CAGR of 2.12% during a forecast period. Safe use of dimethylacetamide as some common pesticides is covering the wide range of market share.

Global Dimethylacetamide Market

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global dimethylacetamide market Definition:

Dimethylacetamide, abbreviated as DMAc /DMA which is colorless and water soluble liquid having chemical formula C4H9NO. DMAc further is formed by the reaction of dimethylamine together with methyl acetate at a specified temperature 95 degrees in the presence of sodium methoxide. Outstanding chemical and thermal stability, DMAc is extensively used in numerous end-use industries including plastic, agrochemicals, textiles, pharmaceutical, dye and coatings, and others. Dipolar nature of DMAc offers huge application for organic and inorganic compound in solvent industries.
global dimethylacetamide market Drivers and Restraints:

Massive growth and development in the pharmaceutical industries is leading the market growth. The global water treatment aerators market is mainly determined by the augmented usage of dimethylacetamide in the making of pesticides, agrochemicals, fertilizers, and added products. The cumulative demand for dimethylacetamide as a catalyst and intermediate in the agrochemical and pharmaceutical industries is anticipated to push the market growth during the growing period. As N, N Dimethylacetamide is extensively accepted as a drug excipient in formulation of several pharmaceutical products including Busulfex, Vumon, and onwards. Additionally, it also has several applications in terms of inflammation and osteoclast genesis having characteristics like chemical stability is attracting the vendors to invest in the market. Furthermore, market demand is also driven by development in agrochemical, textile sector, personal care sector is contributed for market growth; rough estimation is XX Bn in 2019.

However, fluctuation in the product cost and presence of numerous substitute for the product is expected to hamper the market growth. Also, the high toxicity of dimethylacetamide which is injurious to the human health when it comes in contact are showing some disadvantages for the growth of dimethylacetamide market.
Dimethylacetamide Market Segment analysis:

By end-user segment, pharmaceutical area market size established more than XX% of the total market share in 2019. It has found broad applications across numerous sectors like in pharmaceutical sector widely accepted as carrier ingredient expected to broaden the market need in numerous applications, for example in pharmaceutical subdivision such as human and veterinary. Also, its antibiotics application in pharmaceutical industry is leading the market demand since long. Significant growth in the solvent industry owing to the huge R &D activity across the globe is another factor propelling the global dimethylacetamide market amongst other end-user. The healthcare sub segment from end-user accounted for over XX Bn in the year of 2019 and is supposed to grow with an expected CAGR of XX% during the forecast period.
Dimethylacetamide Market Regional Analysis:

North America dominates the overall market with a share of more than 40%. The U.S. has been acknowledged as the leading consumer of dimethylacetamide in North America, owing to the high documented growth rate of the pharmaceutical and agrochemical industry in the US is propelling the demand for product and expected to remain the same in the coming years as major trend and concern amongst the regional government initiative in this region. In 2019 market size was recorded US$ XX Bn, however in US market size was valued XX Bn and expected to increase by US$ XX Bn in the coming years.

From the Asia Pacific region, developing regions like India, China, and Japan are considered major contributors for the dimethylacetamide market growth in the Asia Pacific region because of lead producer of largest manufacturer and leading key players present in the market. The Asia Pacific is expected to show lucrative growth in the coming years.

The objective of the report is to present a comprehensive analysis of the Global Dimethylacetamide Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Dimethylacetamide Market dynamics, structure by analysing the market segments and project the Global Dimethylacetamide Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Dimethylacetamide Market make the report investor’s guide.

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Global Dimethylacetamide market, By Application

• Synthetic Resins
• Intermediates
• Acrylic Fiber
• Pesticides
• Catalyst
• Others
Global Dimethylacetamide market, By End- Users

• Pharmaceutical
• Agrochemical
• Personal Care
• Textile
• Others
Global Dimethylacetamide Market, By Region

• Asia Pacific
• North America
• Europe
• Latin America
• Middle East & Africa
Key Players Operating the Dimethylacetamide Market,

• Zhejiang Jiangshan Chemical
• Shandong Jinmei Riyue Industry
• Shanghai Jinshan Jingwei
• Te An Ling Tian Fine Chemical
• Huaxu Huagong
• Samsung Fine Chemicals Co., Ltd
• Mitsubishi Gas Chemical Company
• Holy Stone Enterprise Co., Ltd
• Merck KGaA
• Eastman
• Dupont
• Akkim

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