Rising Demand for Dimethyl Oxalate Driven by Expanding Pharmaceutical and Agrochemical Sectors
Category: Chemicals & Materials Published Date : Oct-23 ID: CVC01107 Format: PDF Pages: 300
Dimethyl Oxalate Industry Outlook
As per rigorous research by Chem View Consulting, our analysts forecast that the global dimethyl oxalate market is expected to reach a valuation of USD 1120.4 million and will grow at a 5.5% CAGR during 2023 to 2033.
Key Findings on the Dimethyl Oxalate Sector
The biggest market is in East Asia. As per our analysis, East Asia holds nearly 36.1% of the industry share.
As per Chem View Consulting, the largest segment by application is pharmaceuticals. As per our analysis, this segment accounts for nearly 53.8% of total revenues.
The dimethyl oxalate industry is expected to grow at a CAGR of 5.5% during the period 2023–2033.
The key companies in the marketplace are Merck KGaA, UBE Corporation, Connect Chemical GmbH, HefeiTNJ Chemical Industry Co. Ltd., Nanjing Chegyi Chemical Co. Ltd., Zhonglan Industry Co. Ltd., Mudanjiang Fengda Chemicals Corporation, Ningbo Jiasi Chemical Co. Ltd., Vertellus, CNPC, Zouping CHENGYI Chemicals, Zao Zhuanf You, Triveni Chemicals, Zibo Xusheng Chemical, and Changzhou Yetai Fine Chemicals Research Institute Co. Ltd.
Key Drivers for Dimethyl Oxalate Demand
Key Challenges Inhibiting Demand for Dimethyl Oxalate
Key Challenges & Opportunities for Dimethyl Oxalate Market Manufacturers
US Dimethyl Oxalate Industry Forecast
Europe Dimethyl Oxalate Market Outlook
Japan Dimethyl Oxalate Industry Overview
China & India Dimethyl Oxalate Market Forecast
Dimethyl Oxalate Business Outlook & Forecast by Segmentation
Based on grade, the pharma-grade dimethyl oxalate segment is expected to remain at the forefront of the dimethyl oxalate market share over the assessment period. The growth is mainly because the pharmaceutical industry continually invests in research and development to develop new medications and formulations. This often requires the use of specialized and high-purity chemicals, such as pharmaceutical-grade dimethyl oxalate, which drives demand in this market.
Furthermore, the pharmaceutical business requires very high purity and quality criteria for raw materials used in drug manufacture. Pharma-grade dimethyl oxalate is made and tested to meet these stringent criteria, making it an excellent choice for therapeutic uses.
Based on application, the pharmaceuticals segment is set to account for 53.8% of the dimethyl oxalate industry share over the assessment period. The growth is because the pharmaceutical sector is often characterized by stable and expanding demand, driven by factors such as an aging population, increasing illness prevalence, and advances in healthcare. Dimethyl oxalate is employed in the synthesis of several pharmaceutical intermediates, making it an essential component in pharmaceutical manufacturing.
Furthermore, the production of generic medications frequently necessitates the use of cost-effective and efficient chemical methods. Dimethyl oxalate could be used in the production of generic pharmaceuticals, increasing its market share in the pharmaceutical business.
Which Company Owns the Largest Share in the Dimethyl Oxalate Market?
The key companies in the dimethyl oxalate industry scenario are Merck KGaA, UBE Corporation, Connect Chemical GmbH, HefeiTNJ Chemical Industry Co. Ltd., Nanjing Chegyi Chemical Co. Ltd., Zhonglan Industry Co. Ltd., Mudanjiang Fengda Chemicals Corporation, Ningbo Jiasi Chemical Co. Ltd., Vertellus, CNPC, Zouping CHENGYI Chemicals, Zao Zhuanf You, Triveni Chemicals, Zibo Xusheng Chemical, and Changzhou Yetai Fine Chemicals Research Institute Co. Ltd.
As per our analysis, the companies that hold the largest share of the dimethyl oxalate market are
Click Here to Request Company-wise Data
It is one of the top active pharmaceutical ingredient suppliers and manufacturers, with headquarters in India.
Founded in 1668 and headquartered in Darmstadt, Germany, it is a multinational corporation engaged in research and technology.
Nanjing Chegyi Chemical Co., Ltd.
Established in 2008, it is professionally involved in chemical research, development, manufacture, and sales.
Founded in 1857 and located in Indianapolis, it is a specialty chemicals company focused on the production of ingredients used in pharmaceuticals, personal care, and other industries.
Mudanjiang Fengda Chemicals Corporation
Founded in 1995 and located in Mudanjiang, it is a specialized chemical manufacturing and operating company.
What Makes this Report More Insightful than Others?
With ChemView Consulting, we’re redefining market research for the next generation. Go beyond traditional analysis and immerse yourself in a holistic exploration of business opportunities. We offer:
Actionable Business Opportunity Assessments: Navigate the business landscape with precise, actionable insights tailored for future growth.
Strategic Competitive Intelligence: Stay ahead with in-depth analysis, ensuring you always have a competitive edge.
Customer Insights Like Never Before: Understand your customer’s evolving needs, aspirations, and behaviors to drive brand loyalty and value.
Dynamic Price Tracking: Stay agile in a fluctuating market with real-time pricing intelligence.
Profitability Analysis with Precision: Dive deep into data-driven strategies that ensure optimal returns on investment.
M&A and Alliances Mastery: Navigate the complex world of mergers, acquisitions, and alliances with expert foresight.
Startup Ecosystem Tracking: Discover the next big disruptors before they make headlines.
Up-to-the-minute Regulations & Compliance Updates: Stay ahead of the regulatory curve, ensuring business continuity and compliance.
Pioneering Technological Insights: Explore the forefront of innovation, capturing trends before they shape the market.
The future is data-rich and insights-driven, and with ChemView Consulting, you are poised at the forefront. Every report is crafted to inspire, and every insight is designed to catalyze growth. Partner with us, and let’s co-create the future of your business.
The dimethyl oxalate market is projected to reach a significant value of USD 1120.4 million by 2033, driven by a robust 5.5% CAGR during the period 2023–2033. Key industry players actively contributing to its growth are Merck KGaA, UBE Corporation, Connect Chemical GmbH, HefeiTNJ Chemical Industry Co. Ltd., Nanjing Chegyi Chemical Co. Ltd., Zhonglan Industry Co. Ltd., Mudanjiang Fengda Chemicals Corporation, Ningbo Jiasi Chemical Co. Ltd., Vertellus, CNPC, Zouping CHENGYI Chemicals, Zao Zhuanf You, Triveni Chemicals, Zibo Xusheng Chemical, and Changzhou Yetai Fine Chemicals Research Institute Co. Ltd. The largest market segment by application is pharmaceuticals, while East Asia emerges as the dominant region in this market.
1.1. Global Market Outlook
1.2. Technology Roadmap
1.3. Supply and Demand Side Trends
1.4. Strategic Success Factors
1.5. Analysis and Recommendations
2.1. Market Taxonomy
2.2. Market Definitions
2.3. Inclusions & Limitations
3.1. Supply Side Overview
3.2. Demand Side Overview
4.1. Macroeconomic Factors
4.2. Forecast Factors
4.3. PEST Analysis
4.4. Porter’s Five Forces
4.5. Value Chain Analysis
4.6. Market Dynamics
4.7. Patent Analysis
4.8. Trade Analysis
4.9. Investment Feasibility Matrix
4.10. Challenges for New Entrants
4.11. Regulations Overview
4.12. Covid-19 Impact Assessment
4.12.1. Economy/Cluster Projections
4.12.2. Covid-19 Economic Assessment
4.12.3. Potential Impact on Target Market
4.12.4. Recovery Scenario
5.1. Historical Value ($ Mn) and Future Market Value ($ Mn) Projection Analysis
5.2. Demand Y-o-Y Growth Rate Analysis
5.3. Total $ Opportunity Analysis
5.4. Historical Volume (Tons) and Future Market Volume (Tons) Projection Analysis
6.1. Regional Pricing Analysis By Source
6.2. Regional Price Forecast
6.3. Profit Margin Analysis
6.4. Future Price Impact Factors
7.2. Market Trends
7.3. Historical Market Analysis and Market Forecast Analysis
7.3.1. Pharma Grade Dimethyl Oxalate
7.3.2. Industrial Grade Dimethyl Oxalate
7.4. Market Attractiveness Analysis
8.2. Market Trends
8.3. Historical Market Analysis and Market Forecast Analysis
8.3.3. Solvent and Plasticizer
8.3.4. Metal Processing
8.4. Market Attractiveness Analysis
9.2. Market Trends
9.3. Historical Market Analysis and Market Forecast Analysis
9.3.1. North America
9.3.2. Latin America
9.3.3. Western Europe
9.3.4. Eastern Europe
9.3.5. East Asia
9.3.6. South Asia Pacific
9.3.7. Middle East & Africa
9.4. Market Attractiveness Analysis by Region
10.2. Key Market Trends
10.3. Pricing Analysis
10.4. Historical Market Analysis and Market Forecast Analysis
10.4.1. By Country
10.4.1.1. The U.S.
10.4.2. By Grade
10.4.3. By Application
10.5. Market Attractiveness Analysis
10.5.1. By Country
10.5.2. By Grade
10.5.3. By Application
10.6. Market Participant's Presence Mapping
11.2. Key Market Trends
11.3. Pricing Analysis
11.4. Historical Market Analysis and Market Forecast Analysis
11.4.1. By Country
220.127.116.11. Rest of L.A.
11.4.2. By Grade
11.4.3. By Application
11.5. Market Attractiveness Analysis
11.5.1. By Country
11.5.2. By Grade
11.5.3. By Application
11.6. Market Participants Presence Mapping
12.2. Key Market Trends
12.3. Pricing Analysis
12.4. Historical Market Analysis and Market Forecast Analysis
12.4.1. By Country
18.104.22.168. Rest of Western Europe
12.4.2. By Grade
12.4.3. By Application
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Grade
12.5.3. By Application
12.6. Market Participants Presence Mapping
13.2. Key Market Trends
13.3. Pricing Analysis
13.4. Historical Market Analysis and Market Forecast Analysis
13.4.1. By Country
22.214.171.124. Rest of Eastern Europe
13.4.2. By Grade
13.4.3. By Application
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Grade
13.5.3. By Application
13.6. Market Participants Presence Mapping
14.2. Key Market Trends
14.3. Pricing Analysis
14.4. Historical Market Analysis and Market Forecast Analysis
14.4.1. By Country
126.96.36.199. South Korea
14.4.2. By Grade
14.4.3. By Application
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Grade
14.5.3. By Application
14.6. Market Participants Presence Mapping
15.2. Key Market Trends
15.3. Pricing Analysis
15.4. Historical Market Analysis and Market Forecast Analysis
15.4.1. By Country
188.8.131.52. Rest of SAP
15.4.2. By Grade
15.4.3. By Application
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Grade
15.5.3. By Application
15.6. Market Participants Presence Mapping
16.2. Key Market Trends
16.3. Pricing Analysis
16.4. Historical Market Analysis and Market Forecast Analysis
16.4.1. By Country
184.108.40.206. GCC Countries
220.127.116.11. South Africa
18.104.22.168. Rest of MEA
16.4.2. By Grade
16.4.3. By Application
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Grade
16.5.3. By Application
16.6. Market Participants Presence Mapping
17.1. Market Concentration Analysis
17.2. Tier Structure Breakdown
17.3. Market Share Analysis
17.4. Production Capacity Analysis
17.5. Key Strategies Adopted by Top Players
17.6. Start-up Ecosystem
17.6.1. New Player Entry
17.6.2. Strategies Adopted by New Players
17.7. Company Footprint Analysis
17.7.1. Vehicle Type Footprint
17.7.2. Regional Footprint
17.8. Competitive Dashboard
18.1. Merck KGaA
18.1.1. Company Overview
18.1.2. Product Portfolio
18.1.4. Financial Analysis
18.1.5. Recent Developments
18.1.6. SWOT Analysis
18.1.7. Strategy Overview
18.2. UBE Corporation
18.3. Connect Chemical GmbH
18.4. HefeiTNJ Chemical Industry Co. Ltd.
18.5. Nanjing Chegyi Chemical Co. Ltd.
18.6. Zhonglan Industry Co. Ltd
18.7. Mudanjiang Fengda Chemicals Corporation
18.8. Ningbo Jiasi Chemical Co. Ltd.
18.9. Changzhou Yetai Fine Chemicals Research Institute Co. Ltd.
18.12. Zouping CHENGYI Chemicals
18.13. Zao Zhuanf You
18.14. Triveni Chemicals
18.15. Zibo Xusheng Chemical