Dimethyl sulfate is also known as sulphuric acid dimethyl ester and commonly abbreviated as DMS. Dimethyl sulfate is a colorless oily liquid and it is soluble in aromatic solvents, water, and alcohol. It is a diester of sulfuric acid and methanol, and a strong methylating agent. It is a useful chemical for the manufacturing of a variety of household and industrial chemicals. For instance, dimethyl sulfate is used to produce surfactants, water treatment chemicals, pesticides, dyes, fabric softeners, and photographic chemicals. Dimethyl sulfate acts as a reagent for methylation of amines, thiols, and phenols. Dimethyl sulfate is the preferred methylating agent across industries due to the chemical’s low cost and high reactivity. It is also used to manufacture perfumes and for the separation of mineral oils. Dimethyl sulfate is used in the manufacturing of pharmaceutical drugs. Furthermore, dimethyl sulfate under certain conditions is used as a catalyst, sulfonation agent, solvent, and stabilizer.
Dimethyl sulfate is used as chemical intermediate, hence the global dimethyl sulfate market is anticipated to experience strong growth over the foreseeable future, owing to its numerous applications in different chemicals. Furthermore, the fabric softeners market is expected to experience strong growth during the forecast period, which would boost the demand for dimethyl sulfate, as the latter is used to manufacture fabric softeners. Dye manufacturers use dimethyl sulfate to manufacture various dyes and this is expected to boost the global demand for the chemical. Despite the low cost and high effectiveness of dimethyl sulfate, its high level of toxicity is expected to act as a hurdle for the global market in the forecast period.
Asia Pacific is projected to be the fastest-growing market for dimethyl sulfate over the forecast period. The main reason for this is the industrial growth of developing countries of Asia Pacific, particularly China and India. In Asia Pacific, the agriculture sector is experiencing strong growth, which would complement the pesticide and agrochemicals market. Therefore, with rising demand from pesticide and agrochemical markets the consumption of dimethyl sulfate is likely to grow. Dimethyl sulfate is used to manufacture intermediate chemicals which are further used in the manufacture of pharmaceutical products. The growth in demand for pharmaceutical products is likely to reflect positively on the global demand for dimethyl sulfate. Numerous water treatment plants are operational in North America and Europe region due to government mandates to reuse and recycle waste water disposed from chemical manufacturing companies. This application is expected to propel the demand for dimethyl sulfate in these regions. Numerous countries in Asia Pacific and Latin America have undertaken initiatives to build water treatment plants in order to reuse the waste disposed from manufacturing plants. The market dynamics in Latin America, Asia Pacific, and the Middle East are favorable for the growth of the dimethyl sulfate market. The gradually improving economies of North America and Europe are also likely to provide impetus to the global market for dimethyl sulfate. The aforementioned factors is expected to positively impact the global dimethyl sulfate market. The dimethyl sulfate market would experience strong growth due to the projected growth of numerous applications in various end-user industries in the forecast period.
Major companies operating in the global dimethyl sulfate market include DuPont (EI) de Nemours, BASF SE, Caledon Laboratories Ltd., Chevron Phillips Chemical Company, and CABB.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.