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Dimethyl Sulfoxide (DMSO) Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_23271 | Date : Jan, 2023 | Pages : 192 | Region : Global

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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 was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Dimethyl Sulfoxide (DMSO) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Gaylord
Toray Fine Chemicals(TFC)
Arkema
Hubei Xingfa
Shanxi Yangmei Fengxi
Yankuang Lunan Chemicals
Zhuzhou Hansen
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Pharmaceutical Grade
Electronic Grade
Industrial Grade
In Market segmentation by applications :

Pharmaceutical
Electronic
Chemical

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Dimethyl Sulfoxide (DMSO) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Dimethyl Sulfoxide (DMSO) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Dimethyl Sulfoxide (DMSO) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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