About Dimethyl Sulfoxide
Dimethyl sulfoxide is a clear odorless liquid and important polar aprotic solvent that dissolves both polar and non-polar compounds. It is an organosulfur compound. It is a polar aprotic solvent and it less toxic than other member of this class. It is used in polymerase chain reaction to inhibit secondary structures in the DNA template or the DNA primers. It can be used as alternative medicine and veterinary medicine.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The competitive landscape in the DMSO market helps you make informed decisions, whether you're a manufacturer, supplier, or consumer. Consider factors like product quality, price, target application, regional availability, and environmental sustainability when evaluating different players and their offerings. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dimethyl Sulfoxide market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Arkema Group (France), Fisher Scientific (United States), Gaylord Chemical Corporation (United States), Toray Fine Chemicals Co. Ltd. (Japan), Hubei Xingfa Chemicals Group (China), Sigma-Aldrich Co. LLC (United States), Parchem Fine & Specialty Chemicals (United States), Yankuang Lunan Chemical Industry Co., Ltd (China), Spectrum Chemical (United States) and Avantor Company (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Xiamen Aeco Chemical Industrial Co., Ltd. (China) and Austin Chemical, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Dimethyl Sulfoxide market by Type (Industrial grade, Pharmaceutical grade and Electronic grade), Application (Chemical Industry, Pharmaceutical Industry, Electronic Industry and Others) and Region.
On the basis of geography, the market of Dimethyl Sulfoxide has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Dimethyl Sulfoxide market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Demand in the Healthcare Sector
Market Growth Drivers:
Demand for Chemical Solvent and a Free Radical Scavenger and Effective for Chronic Pain, Skin and Tissue Damage, Inflammatory Bladder Disease
Challenges:
Dimethyl Sulfoxide Can Produce an Explosive Reaction When Exposed To Acyl Chlorides
Restraints:
Side Effects of the Dimethyl Sulfoxide
Opportunities:
Growing Demand in Agrochemical Sector and Increasing Demand from Pharmaceutical Industry
Market Leaders and their expansionary development strategies
In October 2023, Lonza and Shanghai Chem-Pharm High-Tech this collaboration targets the Chinese market, establishing a joint venture to manufacture and distribute DMSO for both pharmaceutical and industrial uses in the region.
In October 2023, DMSO-based Veterinary Products Launches of new DMSO-based ointments and sprays for animal care emerged, targeting applications like pain relief in horses and wound healing in livestock.
Key Target Audience
Dimethyl Sulfoxide Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.