Dublin, Oct. 24, 2023 (GLOBE NEWSWIRE) -- The "Dimethyl Sulfoxide (DMSO) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Dimethyl Sulfoxide (DMSO) Market to Reach $417.2 Million by 2030
The global market for Dimethyl Sulfoxide (DMSO) estimated at US$248.2 Million in the year 2022, is projected to reach a revised size of US$417.2 Million by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030.
Pharmaceuticals, one of the segments analyzed in the report, is projected to record 7.5% CAGR and reach US$238.9 Million by the end of the analysis period. Growth in the Electronics segment is estimated at 6.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $48.3 Million, While China is Forecast to Grow at 8.5% CAGR
The Dimethyl Sulfoxide (DMSO) market in the U.S. is estimated at US$48.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$192.2 Million by the year 2030 trailing a CAGR of 8.5% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.
Also, there is special coverage on the competitive landscape, featuring 42 top market players, including Arkema Group and Sigma-Aldrich Co. LLC.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- COVID-19 Pandemic: A Review
- As the Race between the Virus & Vaccines Intensifies, Review of the World Economy in 2021 and Beyond
- With IMF Making an Upward Revision of Global GDP for 2022, Companies Remain Bullish About an Economic Comeback
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Pandemic Affects Growth in Solvents Market
- Dimethyl Sulfoxide (DMSO): A Prelude
- Physical and Chemical Properties of DMSO
- COMPETITION
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Dimethyl Sulfoxide (DMSO) - Global Key Competitors Percentage Market Share in 2022 (E)
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Recovery in Microelectronic Manufacturing Offers Strong Growth Prospects
- Global Market for Microelectronics in US$ Billion: 2020-2026
- Solvent Applications of DMSO Benefit Demand
- Chemical Industry Confronts Challenging Times Amidst the COVID-19 Outbreak
- Global Chemicals & Minerals Market Growth Outlook (in %) for Years 2019 through 2025
- Toxicity Concerns over the use of Methylene Chloride in Paint Stripping Applications to Benefit Demand for DMSO
- Global Paint Removal Market in US$ Billion: 2020, 2025 and 2030
- Growing Role of DMSO in Medicine
- Expanding Research and Development in Stem Cell Transplantation to Benefit Demand for DMSO
- New Avenues for Growth
- Nasal Spray with DMSO & Ethanol Holds Potential to Offer Protection from COVID-19
- Dimethyl Sulfoxide Remains Vital to Development of Potent Antivirals against COVID-19
- Pharmaceuticals: A Major Application Market for DMSO
- Increasing Potential in Parenteral Drug Delivery Systems
- Global Parenteral Drugs Market (In US$ Billion) for the Years 2020, 2025 and 2030
FOCUS ON SELECT PLAYERS (Total 42 Featured)
- Merck KGaA
- Arkema Group
- MP Biomedicals LLC
- Hubei Xingfa Chemicals Group Co., Ltd.
- Haihang Industry Co., Ltd.
- Central Drug House (P) Ltd.
- GreenField Global, Inc.
- Connect Chemicals GmbH
- Hefei TNJ Chemical Industry Co., Ltd.
- Parchem Fine & Specialty Chemicals
- Mehta Petro Refineries Ltd.
- Richest Group
- Fengchen Group Co., Ltd.
- Honeywell Research Chemicals
- FUJIFILM Wako Pure Chemical Corporation
For more information about this report visit https://www.researchandmarkets.com/r/nsvzfx
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