| Product Code: ETC4473445 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India dimethylformamide (dmf) market import shipments exhibited a steady growth trend with a CAGR of 6.6% from 2020 to 2024. However, there was a notable slowdown in growth between 2023 and 2024, with a negative growth rate of -8.7%. Overall, the market expansion showed signs of deceleration towards the end of the period.
The India Dimethylformamide (DMF) market plays a crucial role in the chemical and pharmaceutical sectors as a versatile solvent. It is used in the synthesis of various chemical compounds. The growth in pharmaceutical manufacturing and chemical industries is contributing to the steady demand for DMF.
The DMF market in India is primarily driven by its versatile applications in the pharmaceutical, textile, and chemical industries. As the pharmaceutical sector grows and the demand for synthetic textiles remains high, the need for DMF as a solvent and reagent continues to rise. Moreover, the expansion of chemical manufacturing and research activities is contributing to the steady growth of the DMF market.
The India DMF market confronts several challenges, with environmental concerns at the forefront. DMF is known to be a hazardous chemical with potential health risks, and there are stringent regulations governing its usage and disposal. This calls for significant investments in safety measures and environmental compliance for manufacturers. Importantly, the India government is actively promoting environmental sustainability and restricting the usage of hazardous chemicals, which poses a substantial challenge for DMF manufacturers. Additionally, fluctuations in the cost of raw materials can impact the profitability of the industry, and the need for consistent quality control remains a critical challenge.
The India dimethylformamide (DMF) market faced supply chain disruptions and fluctuations in demand across various industries. DMF is used in the production of pharmaceuticals, agrochemicals, and plastics, and its demand correlated with the performance of these sectors during the pandemic.
Prominent companies in the India dimethylformamide (DMF) market include BASF India Limited, GNFC Limited, Eastman Chemical India Private Limited, Balaji Amines Ltd., and Sigma-Aldrich Chemicals Pvt. Ltd.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Dimethylformamide (DMF) Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Dimethylformamide (DMF) Market Revenues & Volume, 2021 & 2031F |
3.3 India Dimethylformamide (DMF) Market - Industry Life Cycle |
3.4 India Dimethylformamide (DMF) Market - Porter's Five Forces |
3.5 India Dimethylformamide (DMF) Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.6 India Dimethylformamide (DMF) Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 India Dimethylformamide (DMF) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for dimethylformamide in pharmaceutical and chemical industries due to its versatile applications. |
4.2.2 Growth in the textile industry in India, where dimethylformamide is used as a solvent in the production of synthetic fibers. |
4.2.3 Technological advancements leading to improved production processes and increased efficiency in dimethylformamide manufacturing. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, such as methanol and dimethylamine, impacting the production cost of dimethylformamide. |
4.3.2 Environmental concerns and regulations regarding the disposal and handling of dimethylformamide waste. |
4.3.3 Competition from alternative solvents and substitutes that may hinder the growth of the dimethylformamide market. |
5 India Dimethylformamide (DMF) Market Trends |
6 India Dimethylformamide (DMF) Market, By Types |
6.1 India Dimethylformamide (DMF) Market, By Resin |
6.1.1 Overview and Analysis |
6.1.2 India Dimethylformamide (DMF) Market Revenues & Volume, By Resin, 2021-2031F |
6.1.3 India Dimethylformamide (DMF) Market Revenues & Volume, By Reactant, 2021-2031F |
6.1.4 India Dimethylformamide (DMF) Market Revenues & Volume, By Feedstock, 2021-2031F |
6.2 India Dimethylformamide (DMF) Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Dimethylformamide (DMF) Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.3 India Dimethylformamide (DMF) Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.4 India Dimethylformamide (DMF) Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 India Dimethylformamide (DMF) Market Revenues & Volume, By Agrochemical, 2021-2031F |
6.2.6 India Dimethylformamide (DMF) Market Revenues & Volume, By Others, 2021-2031F |
7 India Dimethylformamide (DMF) Market Import-Export Trade Statistics |
7.1 India Dimethylformamide (DMF) Market Export to Major Countries |
7.2 India Dimethylformamide (DMF) Market Imports from Major Countries |
8 India Dimethylformamide (DMF) Market Key Performance Indicators |
8.1 Capacity utilization rate of dimethylformamide production facilities in India. |
8.2 Research and development investment in new applications and technologies related to dimethylformamide. |
8.3 Number of partnerships or collaborations between dimethylformamide manufacturers and end-user industries for product development and market expansion. |
9 India Dimethylformamide (DMF) Market - Opportunity Assessment |
9.1 India Dimethylformamide (DMF) Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.2 India Dimethylformamide (DMF) Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 India Dimethylformamide (DMF) Market - Competitive Landscape |
10.1 India Dimethylformamide (DMF) Market Revenue Share, By Companies, 2024 |
10.2 India Dimethylformamide (DMF) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |