Dimethylformamide (DMF) Prices

Dimethylformamide (DMF) Price Trend and Forecast

Track the latest insights on dimethylformamide (DMF) price trend and forecast with detailed analysis of regional fluctuations and market dynamics across Europe, North America, Middle East & Africa, Asia Pacific, and Latin America.

Dimethylformamide (DMF) Prices Q4 2024

During the last quarter of 2024, the dimethylformamide prices in China reached 877 USD/MT in December. Due to stable raw material prices and management of inventory, the price of dimethylformamide (DMF) across the country remained stable. The cost of important feedstocks, including dimethylamine, was constant, allowing for predictable production costs. Although textiles and medicines showed potential, the demand was still low. Procurement was hampered by a slow agrochemical industry caused by poor pesticide sales. Nonetheless, producers used discounts to maintain market flow, and supply levels remained balanced, guaranteeing little fluctuation in pricing trends.

Dimethylformamide (DMF) Prices Q4 2023

In China, the dimethylformamide (DMF) prices experienced a decline in Q4 of 2023, primarily due to an oversupply amid low demand. Stability was observed in December, attributed to the uninterrupted operations within the supply chain. The closing price for DMF in China stood at 683 USD/MT in December.

Regional Coverage

The report provides a detailed analysis of the dimethylformamide (DMF) 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 dimethylformamide (DMF) price trend.

Global Dimethylformamide (DMF) Price Trend

The report offers a holistic view of the global dimethylformamide (DMF) pricing trends in the form of dimethylformamide (DMF) price chart, 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 dimethylformamide (DMF) historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into dimethylformamide (DMF) 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 dimethylformamide (DMF) 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 Dimethylformamide (DMF) Price Trend

Q4 2024:

In Q4 2024, the European market showed little change in price over the quarter. Moderate demand from important downstream industries and stable production costs helped to support market conditions. But as procurement trends were affected by economic concerns and constrained demand from the textile and agriculture sectors, cautious feeling predominated. Due to continuous R&D efforts, the pharmaceutical sector saw modest growth in the latter half of the quarter, but this did not considerably increase DMF use.

Q4 2023:

In Europe, the DMF market presented a complex picture in Q4 2023, reflecting mixed but generally positive trends compared to the prior quarter. In Germany, prices rose notably due to escalating raw material costs, particularly methylamine. The market was further complicated by uncertain macroeconomics characterized by fluctuating interest rates and geopolitical concerns, which pressured both demand and industry margins. Although inflation rates moderated, the market dynamics were influenced by substantial supply levels. Prices were partly driven down by China's market actions and an oversupply, which resulted in price reductions despite adequate inventory levels, depicting a volatile but ultimately declining price trend.

This analysis can be extended to include detailed dimethylformamide (DMF) price information for a comprehensive list of countries.

North America Dimethylformamide (DMF) Price Trend

Q4 2024:

The North American market for dimethylformamide saw a sharp rise in demand during the fourth quarter of 2024, primarily due to the chemical and pharmaceutical sectors. The pharmaceutical industry's dependence on DMF for the synthesis of drug formulations and active pharmaceutical ingredients, making use of its remarkable solvent properties, was a major contributor to this expansion. Maintaining market success also required the chemical industry, especially in the production of coatings and plastics. Businesses implemented cleaner production methods and improved recycling practices as a result of stricter regulations and more environmental consciousness, which promoted sustainability in the sector.

Q4 2023:

In North America, the DMF market saw a significant rise, influenced by a combination of global market tensions and escalating freight costs. Tensions related to the Panama Canal and issues in the Middle East particularly impacted freight charges, pushing up both production and utility expenses. However, despite these cost increases, the market experienced a downturn by December 2023. This decline was attributed to a drop in the Industrial PMI, coupled with high inventory levels and reduced demand, leading to widespread destocking practices that ultimately softened the market dynamics.

Specific dimethylformamide (DMF) historical data within the United States and Canada can also be provided.

Middle East and Africa Dimethylformamide (DMF) Price Trend

The report explores the dimethylformamide 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 dimethylformamide (DMF) prices for countries can also be provided.

Asia Pacific Dimethylformamide (DMF) Price Trend

Q4 2024:

Prices in the Asia-Pacific market, especially in China, remained stable in Q4 2024 with very little variation from quarter to quarter. Strategic inventory control by manufacturers, especially in China, and well-regulated production costs were the main causes of this stability. Essential raw material prices, like those of dimethylamine, stayed stable, preventing sharp fluctuations in costs and maintaining a balanced production environment. Overall consumption stayed low, although demand from downstream industries, such as textiles and medicines, showed growth potential.

Q4 2023:

In the Asia Pacific region, the DMF market faced a downturn in the fourth quarter of 2023, with an oversupply exceeding demand. Stability in December resulted from uninterrupted supply chain operations. Demand was dampened by lowered consumption in the adhesive and textile industries, leading to price pressures from local and overseas markets. The conservative buying behavior, amid a faint market outlook, prompted traders to lower prices to encourage transactions, reflecting muted market dynamics.

This dimethylformamide (DMF) price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Dimethylformamide (DMF) Price Trend

Latin America's dimethylformamide market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in dimethylformamide prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, economic fluctuations and currency devaluation are critical factors that need to be considered when analyzing dimethylformamide pricing trends in this region.

This comprehensive review can be extended to include specific countries within the region.

Dimethylformamide (DMF) Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Dimethylformamide (DMF) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of dimethylformamide (DMF) 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 dimethylformamide (DMF) at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of dimethylformamide (DMF) price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing dimethylformamide (DMF) 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.

Dimethylformamide (DMF) Industry Analysis

The global DMF industry size reached US$ 2.2 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 3 Billion, at a projected CAGR of 3.30% during 2023-2032.

• The demand for DMF as the main component in the manufacturing of circuit boards and semiconductors propels the market growth. According to the Semiconductor Industry Association (SIA), global semiconductor industry sales totaled US$ 46.2 Billion in February 2024. This represents an increase of 16.3% compared to February 2023.
• The application of DMF in the production of acrylic fibers and plastics amplifies demand within the textile industry. Similarly, in chemical reactions, especially in the pharmaceutical, agro, and petrochemical industries, DMF is used as a solvent extensively. The rising demand for these products is projected to drive the global DMF market.
• Technological development that improves production efficiency or finds an eco-friendly substitute is supporting the DMF market growth. For instance, a green and electrochemical method to synthesize DMF has been presented in an article published in the Green Chemistry Journal by the Royal Society of Chemistry in 2023, as per the article titled "Electrosynthesis of N, N-dimethylformamide from market-surplus trimethylamine coupled with hydrogen production," DMF can be produced from market-surplus trimethylamine (TMA) under ambient conditions. The H-cell reactor achieved an 80% yield and 50% faradaic efficiency, coupled with hydrogen production.
• DMF is utilized in films, adhesives, and surface coatings, promoting market expansion through a range of industrial uses. The Adhesive and Sealant Council (ASC), a trade group in North America, projects that between 2022 and 2027, the market for adhesives and sealants in North America will expand at a rate of 2.8%.

Dimethylformamide (DMF) News

The report covers the latest developments, updates, and trends impacting the global dimethylformamide industry, 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 dimethylformamide production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the dimethylformamide price trend.

Latest developments in the dimethylformamide (DMF) industry:

• January 2024: In a recent study by researchers at the University of Miami, DMF was utilized in the creation of a chromium-containing metal organic framework (MOF) called MIL-101(Cr). This MOF, when treated with acetic acid, resulted in a modified version called MIL-101(Cr)-P with larger pores, enhancing its drug-loading capacity and release rate. DMF plays a crucial role in the formation of these structures, contributing to the development of more effective drug delivery systems.
• December 2023: A research team from the University of Science and Technology of China (USTC) developed a copper-iodide hybrid clusters with high solubility in DMF, exceeding 200 mg/mL, and structural stability. DMF enables the creation of low-cost warm-white LED devices with impressive characteristics, including a maximum external quantum efficiency of 19.1 percent, brightness over 40,000 cd m-2, and an operational lifetime surpassing 232 hours (T50@100 cd m-2).

Product Description

Dimethylformamide (DMF) is a colorless organic compound that is miscible with water and the majority of organic solvents, making it a versatile solvent in the chemical industry. It possesses a high boiling point, which enables its use in high-temperature chemical reactions and processes. DMF is characterized by a slight amine odor, indicative of its mild basic properties, allowing it to act as a solvent for a vast range of polar and nonpolar compounds.

DMF exhibits a high dielectric constant, contributing to its effectiveness in dissolving a wide array of substances. In chemical synthesis, DMF serves as a reagent and catalyst due to its ability to facilitate reactions by dissolving both electrophiles and nucleophiles. The compound’s miscibility with water extends its utility in processes requiring mixed solvent systems.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of dimethylformamide (DMF) price index, 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 dimethylformamide (DMF) 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 dimethylformamide (DMF) price chart ensure our clients remain at the forefront of the industry.