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Dimethyl Acetamide Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A22474
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Dimethyl Acetamide Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Dimethyl Acetamide | Specialty Chemical | China | 1148 USD/MT |
The dimethyl acetamide prices in the China for Q4 2023 reached 1148 USD/MT in December. The market experienced a significant price increase due to a supply shortage and strong demand from industries like textiles and pharmaceuticals. The reduction in production capacity and higher energy costs contributed to the tighter supply, reinforcing a bullish market outlook, and causing traders to slightly raise prices to maintain profitability.
Dimethyl Acetamide Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Dimethyl Acetamide Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of dimethyl acetamide pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of dimethyl acetamide at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of dimethyl acetamide price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing dimethyl acetamide price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Dimethyl Acetamide Market Analysis
The global dimethyl acetamide market size reached US$ 111.4 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 136.5 Million, at a projected CAGR of 2.30% during 2023-2032.
- The market is primarily driven by DMAc’s critical role in manufacturing plastics and films, particularly those requiring a solvent that can dissolve components to form a uniform solution. This application highlights its importance in creating diverse plastic products with specific properties and applications.
- The widespread product employment in the production of pesticides and herbicides owing to its solvent capabilities, enabling the formulation of effective agricultural chemicals is strengthening the market growth. Its use ensures these products maintain their potency and efficacy, supporting agricultural productivity and pest management strategies.
- Moreover, DMAc is also utilized in gas separation processes due to its ability to dissolve certain gases while leaving others unaffected. This feature is valuable in industries requiring the purification or separation of gas mixtures, such as in manufacturing and environmental management.
- The surging product utilization in the production of electronic components, as a solvent for various polymers and resins is impelling the market growth. Its application ensures the precise fabrication of components, including circuits and displays, which are integral to the functionality of electronic devices.
- DMAc is also involved in formulating paints and coatings, where its solvent properties help achieve the desired consistency and performance characteristics, creating a positive outlook for market expansion. This use highlights its role in the production of products that provide protection and aesthetics to surfaces.
- Along with this, DMAc also finds applications in the production of inks for printing and writing to dissolve dyes and control the viscosity of the final product, ensuring inks have the proper flow properties and color intensity for various applications. This is acting as another significant growth-inducing factor.
- Additionally, the increasing demand from the cosmetic industry, where DMAc acts as a solvent in the formulation of skin care products is aiding in market expansion. Its ability to dissolve a wide range of ingredients helps in creating formulations that are effective and safe for consumer use.
- The rising use of DMAc in formulating industrial cleaning agents, where its solvency properties aid in removing grease, oil, and other stubborn residues is presenting lucrative opportunities for market expansion. Its effectiveness ensures clean and well-maintained equipment and surfaces in industrial settings.
- Apart from this, the expanding product employment in leather production, assisting in the application of treatments and dyes, thereby facilitating uniform absorption and enhancing the quality of the finished product is propelling the market forward.
Dimethyl Acetamide News
The report covers the latest developments, updates, and trends impacting the global dimethyl acetamide market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in dimethyl acetamide production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the dimethyl acetamide price trend.
Latest developments in the dimethyl acetamide industry:
- In November 2023, BASF revealed its intent to expand its defoamer capacity at its Dilovasi plant in Turkey to meet growing demand for Foamaster and Foamstar products. The addition of a new production line will reduce lead times for customers and contribute to cutting transportation emissions.
Product Description
Dimethyl Acetamide (DMAc) is a chemical compound known for its clear, colorless appearance and slightly ammonia-like odor. It is categorized as an amide solvent and is distinguished by its high solvency power and ability to dissolve a wide range of chemicals, making it highly valuable in various industrial applications. Through its strong solubility quality, DMAc is often used as a solvent in the production of pharmaceuticals, plastics, and fibers, especially where high dissolution capacity is required.
The versatility of dimethyl acetamide finds applications across numerous industries. It is employed as a solvent in the pharmaceutical industry to produce drugs and in the manufacture of synthetic fibers, plastics, and films.
Additionally, DMAc plays a critical role in the petrochemical industry for extracting and purifying gases. Its exceptional solvency capabilities make it indispensable in the production of pesticides, herbicides, and various other chemical synthesis processes.
Regional Coverage
The report provides a detailed analysis of the dimethyl acetamide market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the dimethyl acetamide price trend.
Global Dimethyl Acetamide Price
The report offers a holistic view of the global dimethyl acetamide pricing trends in the form of dimethyl acetamide price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into dimethyl acetamide historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into dimethyl acetamide price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed dimethyl acetamide demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Dimethyl Acetamide Price
In Q4 2023, the market in Europe experienced a rise in prices, demonstrating a robust market condition. Rising demand from polymer and textile manufacturers, along with limited supply, caused this surge. While dimethylamine prices contributed to market stability, acetic acid did not show the same trend. Market participants revised their pricing tactics in order to increase their profits. Producers also elevated their production rates in order to meet the rise in demand, guaranteeing a seamless supply chain and restocking depleted inventory.
This analysis can be extended to include detailed dimethyl acetamide price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Dimethyl Acetamide Price
During Q4 2023, there was a significant increase in the price of in the North America market due to high demand from the polymer and textile industries and a restricted supply. Although dimethylamine prices were propped up, acetic acid prices did not increase accordingly. Although upstream conditions varied, dimethylacetamide prices rose overall. This scenario enabled suppliers to increase their prices, maximizing their profits. Numerous purchasers resorted to buying in bulk to balance supply and demand, leading manufacturers to increase production in order to uphold a consistent supply chain and restock exhausted inventories.
Specific dimethyl acetamide historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Dimethyl Acetamide Price
The report explores the dimethyl acetamide pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on dimethyl acetamide prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East and Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Dimethyl Acetamide Price
During Q1 2023, the market in Asia Pacific showed a strong upward trend due to tight supply and heightened demand. China, a major market player, witnessed a notable price increase by the quarter end, caused by inadequate product availability and significant demand from industries like pharmaceuticals, textiles, and coatings. Reduced production capacities and rising energy costs further strained supply, intensifying the market’s bullish stance. In response, traders adjusted their pricing slightly upwards to enhance profit margins, highlighting the ongoing supply-demand imbalance in the region.
This dimethyl acetamide price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Dimethyl Acetamide Price
The analysis of dimethyl acetamide prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Dimethyl Acetamide |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Dimethyl Acetamide Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of dimethyl acetamide pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting dimethyl acetamide price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The dimethyl acetamide price charts ensure our clients remain at the forefront of the industry.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
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- For further assistance, please connect with our analysts.
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