Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global N-Methylformamide (NMF) Market by Type (≥99.0%, ≥99.5%, Others), By Application (Pharmaceuticals, Spice & Flavor, Electrolysis & Plating, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global N-Methylformamide (NMF) Market by Type (≥99.0%, ≥99.5%, Others), By Application (Pharmaceuticals, Spice & Flavor, Electrolysis & Plating, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 352144 4200 Chemical & Material 377 154 Pages 4.6 (40)
                                          

Market Overview:


The global N-methylformamide (NMF) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for NMF from various applications such as pharmaceuticals, spice & flavor, electrolysis & plating, and others. Additionally, factors such as rising demand for NMF in emerging countries and growing investments by key players are also contributing to the growth of the global NMF market. However, volatility in prices of raw materials is likely to restrain the growth of this market during the forecast period.


Global N-Methylformamide (NMF) Industry Outlook


Product Definition:


N-Methylformamide is a colorless liquid with a pungent odor. It is used as a solvent for coatings, inks, and plastics.


≥99.0%:


NMF is a colorless and highly flammable organic liquid. It has a strong odor similar to that of gasoline. NMF is used in the production of plastics, resins, synthetic rubber, and other chemicals. The global demand for these products is expected to grow over the forecast period owing to increasing industrialization across developing economies such as China and India.


≥99.5%:


It is a colorless liquid that is used as an intermediate in the production of plastics, resins, and other chemicals. It also finds application as a chemical intermediate for manufacturing various pharmaceuticals such as paracetamol (Para-Acet), which is one of the most commonly used medications across the globe.


The demand for isobutylene has been witnessing growth over the past few years on account of its increasing use in polymers.


Application Insights:


The global NMF market is segmented by application into pharmaceuticals, spice and flavor, electro-ysis and plating, other applications including adhesives and sealants, paper coatings/liners/fillers (NCP), textile coatings/finishings (NTF) among others. The pharmaceutical segment dominated the overall industry in terms of revenue share in 2017. This can be attributed to the increasing use of N-methylformamide as a solvent for drug formulations during the last few years.


Spice & flavor manufacturers are also anticipated to benefit significantly from this industry owing to its rising demand for spices across various regions globally. In addition, methyl formamide is used as a flavoring agent in several food products such as baked goods which further drives its consumption worldwide.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The presence of a large number of manufacturers coupled with increasing demand from end-use industries such as pharmaceutical, electronics, food & beverage and others is anticipated to drive regional market growth. In addition, favorable regulations aimed at promoting domestic production are estimated to further propel product consumption in this region.


The industry in Europe was valued at USD X billion in 2017 owing to high consumption levels coupled with growing applications from various end-use industries such as spice & flavor, electroplating process etc., especially within Germany and U.K., which accounted for more than 50% of total consumption across the region that year.


Growth Factors:


  • Increasing demand from end-use industries such as pharmaceuticals, agrochemicals, and textiles
  • Growing investments in research and development for the production of new formamide derivatives
  • Rising awareness about the benefits of NMF among formulators and consumers
  • Technological advancements in manufacturing processes that improve product quality and purity
  • Expansion of distribution networks to reach a wider customer base

Scope Of The Report

Report Attributes

Report Details

Report Title

N-Methylformamide (NMF) Market Research Report

By Type

≥99.0%, ≥99.5%, Others

By Application

Pharmaceuticals, Spice & Flavor, Electrolysis & Plating, Others

By Companies

Mitsubishi Gas Chemical (MGC), Xinya Technology, Sincere Chemicals, Henan Huitong New Energy, Hengxin Chemical, Green Chemicals

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

154

Number of Tables & Figures

108

Customization Available

Yes, the report can be customized as per your need.


Global N-Methylformamide (NMF) Market Report Segments:

The global N-Methylformamide (NMF) market is segmented on the basis of:

Types

≥99.0%, ≥99.5%, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Pharmaceuticals, Spice & Flavor, Electrolysis & Plating, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Mitsubishi Gas Chemical (MGC)
  2. Xinya Technology
  3. Sincere Chemicals
  4. Henan Huitong New Energy
  5. Hengxin Chemical
  6. Green Chemicals

Global N-Methylformamide (NMF) Market Overview


Highlights of The N-Methylformamide (NMF) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. ≥99.0%
    2. ≥99.5%
    3. Others
  1. By Application:

    1. Pharmaceuticals
    2. Spice & Flavor
    3. Electrolysis & Plating
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the N-Methylformamide (NMF) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

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Global N-Methylformamide (NMF) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


NMF is a chemical compound with the formula C4H10N2O. It is a colorless, volatile liquid that has a strong odor. NMF is used in manufacturing plastics and other materials.

Some of the major players in the n-methylformamide (nmf) market are Mitsubishi Gas Chemical (MGC), Xinya Technology, Sincere Chemicals, Henan Huitong New Energy, Hengxin Chemical, Green Chemicals.

The n-methylformamide (nmf) market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 N-Methylformamide (NMF) Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 N-Methylformamide (NMF) Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 N-Methylformamide (NMF) Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the N-Methylformamide (NMF) Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global N-Methylformamide (NMF) Market Size & Forecast, 2020-2028       4.5.1 N-Methylformamide (NMF) Market Size and Y-o-Y Growth       4.5.2 N-Methylformamide (NMF) Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 ≥99.0%
      5.2.2 ≥99.5%
      5.2.3 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Pharmaceuticals
      6.2.2 Spice & Flavor
      6.2.3 Electrolysis & Plating
      6.2.4 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global N-Methylformamide (NMF) Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 N-Methylformamide (NMF) Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 ≥99.0%
      9.6.2 ≥99.5%
      9.6.3 Others
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Pharmaceuticals
      9.10.2 Spice & Flavor
      9.10.3 Electrolysis & Plating
      9.10.4 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 ≥99.0%
      10.6.2 ≥99.5%
      10.6.3 Others
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Pharmaceuticals
      10.10.2 Spice & Flavor
      10.10.3 Electrolysis & Plating
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 ≥99.0%
      11.6.2 ≥99.5%
      11.6.3 Others
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Pharmaceuticals
      11.10.2 Spice & Flavor
      11.10.3 Electrolysis & Plating
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 ≥99.0%
      12.6.2 ≥99.5%
      12.6.3 Others
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Pharmaceuticals
      12.10.2 Spice & Flavor
      12.10.3 Electrolysis & Plating
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 ≥99.0%
      13.6.2 ≥99.5%
      13.6.3 Others
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Pharmaceuticals
      13.10.2 Spice & Flavor
      13.10.3 Electrolysis & Plating
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 N-Methylformamide (NMF) Market: Competitive Dashboard
   14.2 Global N-Methylformamide (NMF) Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Mitsubishi Gas Chemical (MGC)
      14.3.2 Xinya Technology
      14.3.3 Sincere Chemicals
      14.3.4 Henan Huitong New Energy
      14.3.5 Hengxin Chemical
      14.3.6 Green Chemicals

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