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Dimethyl Sulfoxide (DMSO) Market Is Grow at a CAGR of 6.1% During 2019-2025 - QYResearch

Dimethyl Sulfoxide (DMSO) Market status and forecast, categorizes the global market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

 

Los Angeles, CA -- (SBWIRE) -- 02/03/2019 -- Dimethyl sulfoxide (DMSO) is a highly polar and water miscible organic liquid. It is essentially odorless and has a low level of toxicity. Dimethyl sulfoxide (DMSO) is a highly polar and water miscible organic liquid. Due to its powerful solvent, it is named as "Universal solvent". Dimethyl sulfoxide has many properties, such as powerful solvent, high flash point and boiling point, excellent toxicological and eco toxicological profile, recyclable, biodegradable and low odor, so it is wildly used in pharmaceutical, electronic and chemical fields.

Global dimethyl sulfoxide (DMSO) is mainly concentrated in USA, France, Japan and China. Electronic or other higher grade dimethyl sulfoxide (DMSO) is mainly produced in USA, France and Japan. In China, due to technological constraints, companies mostly produce industrial grade dimethyl sulfoxide (DMSO). Properties of electronic or other higher grade dimethyl sulfoxide (DMSO) produced in China is not as well as that in abroad. In China, there were many manufactures during the past few years. Because of environmental issues and intense competition, some of them discontinued or reduced their capacity.

Currently, Chinese dimethyl sulfoxide (DMSO) is on the oversupply state. Shanxi Yangmei Fengxi discontinued their business on dimethyl sulfoxide (DMSO) in 2015. In global market, the production of dimethyl sulfoxide (DMSO) increases from 62 K MT in 2011 to 83 K MT in 2015, at a CAGR of more than 7.5%. In 2015, the global dimethyl sulfoxide (DMSO) market is led by China, capturing about 45.66% of global dimethyl sulfoxide (DMSO) production. USA is the second-largest region-wise market with 28.63% global production share.

At present, the major manufacturers of dimethyl sulfoxide (DMSO) are concentrated in Gaylord, Toray Fine Chemicals, Arkema and Hubei Xingfa. We tend to believe this industry now is close to mature. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, gross margin will be fluctuated. The global Dimethyl Sulfoxide (DMSO) market is valued at 190 million US$ in 2018 is expected to reach 310 million US$ by the end of 2025, growing at a CAGR of 6.1% during 2019-2025.

This report focuses on Dimethyl Sulfoxide (DMSO) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Dimethyl Sulfoxide (DMSO) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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The following manufacturers are covered:

Gaylord

Toray Fine Chemicals(TFC)

Arkema

Hubei Xingfa

Shanxi Yangmei Fengxi

Zhuzhou Hansen

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Pharmaceutical Grade

Electronic Grade

Industrial Grade

Segment by Application

Pharmaceutical

Electronic

Chemical

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