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Dimethyl Oxalate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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    Report

  • 255 Pages
  • January 2024
  • Region: Global
  • Fairfield Market Research
  • ID: 5925004
Description Jump to:
Increasing Exploration of Novel Applications Drives Market Growth

A recent report highlights the global dimethyl oxalate market's current value at US$ 600 million in 2024, with a year-on-year growth of 4.9%. The market is expected to witness robust growth, ultimately reaching a market size of US$ 900 million by the end of 2031.

Market Growth Drivers

The growth of the dimethyl oxalate market is primarily attributed to:

  • Exploration of Novel Applications: Dimethyl oxalate, traditionally used in various industries, is now being researched for novel applications, including direct oxidation fuel cells and raw materials for HIV integrase inhibitor drugs. Key players are investing in research and development to unlock these new use cases, driving market growth.
  • Rising Demand for Unique Properties: Dimethyl oxalate's unique physical and chemical characteristics are proving beneficial in applications such as direct oxidation fuel cells, where it enhances cell efficiency, offers energy savings, and more. This growing demand for dimethyl oxalate in novel applications is expanding its global footprint.

Challenges in Demand Growth

Despite its promising potential, the dimethyl oxalate market faces challenges:

  • Safety Concerns: Dimethyl oxalate is a corrosive substance with harmful properties that can cause skin, eye, and respiratory tract injuries, and even death in cases of high exposure. These safety concerns may hinder market progress in the coming years.

Country-wise Analysis

China: China plays a pivotal role in the dimethyl oxalate market as a significant producer and exporter. The rapid expansion of China's pharmaceutical sector, shifting towards strategic R&D centers, is boosting the market. Dimethyl oxalate is essential in producing active pharmaceutical components used in therapeutic medications, driving market growth.

India: In the South Asia and Pacific region, India's growing agriculture sector contributes significantly to GDP growth. Industries such as pharma, textiles, and agriculture consume dimethyl oxalate, contributing to market expansion. Government initiatives supporting the agricultural industry and the use of agrochemicals made from dimethyl oxalate further bolster the market.

Competitive Landscape

The dimethyl oxalate market is characterized by ongoing research and development efforts by major players. The industry is still in its early stages, with numerous potential applications being explored. Key companies are dedicating a substantial portion of their revenue to research and development to unlock new opportunities. While there are significant growth possibilities, challenges such as limited awareness among consumers and the availability of substitutes need to be addressed.

Key Companies Profiled

  • UBE Corporation
  • Merck KGaA
  • Connect Chemical GmbH
  • Nanjing Chengyi Chemical Co., Ltd.
  • Hefei TNJ Chemical Industry Co., Ltd
  • Mudanjiang Fengda Chemicals Corporation
  • Zhonglan Industry Co, Ltd
  • Ningbo Jiasi Chemical Co., Ltd
  • Changzhou Yetai Fine Chemical Research Institute Co. Ltd.

Key Segments Covered in Dimethyl Oxalate Industry Research

Dimethyl Oxalate Market by Grade:

  • Pharma Grade Dimethyl Oxalate
  • Industrial Grade Dimethyl Oxalate

Dimethyl Oxalate Market by Application:

  • Pharmaceuticals
  • Agrochemicals
  • Plasticizers and Solvents
  • Metal Processing
  • Textile
  • Others

Dimethyl Oxalate Market by Region:

  • North America Dimethyl Oxalate Market
  • Latin America Dimethyl Oxalate Market
  • Europe Dimethyl Oxalate Market
  • East Asia Dimethyl Oxalate Market
  • South Asia & Pacific Dimethyl Oxalate Market
  • Middle East & Africa Dimethyl Oxalate Market


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Table of Contents

1. Executive Summary
1.1. Global Dimethyl Oxalate Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Global Dimethyl Oxalate Market Outlook, 2018 - 2031
3.1. Global Dimethyl Oxalate Market Outlook, by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
3.1.1. Key Highlights
3.1.1.1. Pharma Grade
3.1.1.2. Industrial Grade
3.2. Global Dimethyl Oxalate Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
3.2.1. Key Highlights
3.2.1.1. Pharmaceuticals
3.2.1.2. Agrochemicals
3.2.1.3. Plasticizers and Solvents
3.2.1.4. Metal Processing
3.2.1.5. Textile
3.2.1.6. Others
3.3. Global Dimethyl Oxalate Market Outlook, by Region, Value (US$ Mn) and Volume (Tons), 2018 - 2031
3.3.1. Key Highlights
3.3.1.1. North America
3.3.1.2. Europe
3.3.1.3. Asia Pacific
3.3.1.4. Latin America
3.3.1.5. Middle East & Africa
4. North America Dimethyl Oxalate Market Outlook, 2018 - 2031
4.1. North America Dimethyl Oxalate Market Outlook, by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
4.1.1. Key Highlights
4.1.1.1. Pharma Grade
4.1.1.2. Industrial Grade
4.2. North America Dimethyl Oxalate Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
4.2.1. Key Highlights
4.2.1.1. Pharmaceuticals
4.2.1.2. Agrochemicals
4.2.1.3. Plasticizers and Solvents
4.2.1.4. Metal Processing
4.2.1.5. Textile
4.2.1.6. Others
4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Dimethyl Oxalate Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
4.3.1. Key Highlights
4.3.1.1. U.S. Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
4.3.1.2. U.S. Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
4.3.1.3. Canada Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
4.3.1.4. Canada Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
4.3.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Dimethyl Oxalate Market Outlook, 2018 - 2031
5.1. Europe Dimethyl Oxalate Market Outlook, by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.1.1. Key Highlights
5.1.1.1. Pharma Grade
5.1.1.2. Industrial Grade
5.2. Europe Dimethyl Oxalate Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.2.1. Key Highlights
5.2.1.1. Pharmaceuticals
5.2.1.2. Agrochemicals
5.2.1.3. Plasticizers and Solvents
5.2.1.4. Metal Processing
5.2.1.5. Textile
5.2.1.6. Others
5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Dimethyl Oxalate Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.1. Key Highlights
5.3.1.1. Germany Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.1.2. Germany Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.1.3. U.K. Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.1.4. U.K. Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.1.5. France Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.1.6. France Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.1.7. Italy Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.1.8. Italy Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.1.9. Turkey Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.1.10. Turkey Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.1.11. Russia Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.1.12. Russia Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.1.13. Rest of Europe Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.1.14. Rest of Europe Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
5.3.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Dimethyl Oxalate Market Outlook, 2018 - 2031
6.1. Asia Pacific Dimethyl Oxalate Market Outlook, by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.1.1. Key Highlights
6.1.1.1. Pharma Grade
6.1.1.2. Industrial Grade
6.2. Asia Pacific Dimethyl Oxalate Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.2.1. Key Highlights
6.2.1.1. Pharmaceuticals
6.2.1.2. Agrochemicals
6.2.1.3. Plasticizers and Solvents
6.2.1.4. Metal Processing
6.2.1.5. Textile
6.2.1.6. Others
6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Dimethyl Oxalate Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.3.1. Key Highlights
6.3.1.1. China Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.3.1.2. China Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.3.1.3. Japan Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.3.1.4. Japan Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.3.1.5. South Korea Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.3.1.6. South Korea Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.3.1.7. India Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.3.1.8. India Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.3.1.9. Southeast Asia Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.3.1.10. Southeast Asia Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.3.1.11. Rest of Asia Pacific Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.3.1.12. Rest of Asia Pacific Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
6.3.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Dimethyl Oxalate Market Outlook, 2018 - 2031
7.1. Latin America Dimethyl Oxalate Market Outlook, by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
7.1.1. Key Highlights
7.1.1.1. Pharma Grade
7.1.1.2. Industrial Grade
7.2. Latin America Dimethyl Oxalate Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
7.2.1.1. Pharmaceuticals
7.2.1.2. Agrochemicals
7.2.1.3. Plasticizers and Solvents
7.2.1.4. Metal Processing
7.2.1.5. Textile
7.2.1.6. Others
7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Dimethyl Oxalate Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
7.3.1. Key Highlights
7.3.1.1. Brazil Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
7.3.1.2. Brazil Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
7.3.1.3. Mexico Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
7.3.1.4. Mexico Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
7.3.1.5. Argentina Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
7.3.1.6. Argentina Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
7.3.1.7. Rest of Latin America Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
7.3.1.8. Rest of Latin America Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
7.3.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Dimethyl Oxalate Market Outlook, 2018 - 2031
8.1. Middle East & Africa Dimethyl Oxalate Market Outlook, by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
8.1.1. Key Highlights
8.1.1.1. Pharma Grade
8.1.1.2. Industrial Grade
8.2. Middle East & Africa Dimethyl Oxalate Market Outlook, by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
8.2.1. Key Highlights
8.2.1.1. Pharmaceuticals
8.2.1.2. Agrochemicals
8.2.1.3. Plasticizers and Solvents
8.2.1.4. Metal Processing
8.2.1.5. Textile
8.2.1.6. Others
8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Dimethyl Oxalate Market Outlook, by Country, Value (US$ Mn) and Volume (Tons), 2018 - 2031
8.3.1. Key Highlights
8.3.1.1. GCC Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
8.3.1.2. GCC Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
8.3.1.3. South Africa Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
8.3.1.4. South Africa Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
8.3.1.5. Egypt Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
8.3.1.6. Egypt Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
8.3.1.7. Nigeria Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
8.3.1.8. Nigeria Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
8.3.1.9. Rest of Middle East & Africa Dimethyl Oxalate Market by Grade, Value (US$ Mn) and Volume (Tons), 2018 - 2031
8.3.1.10. Rest of Middle East & Africa Dimethyl Oxalate Market by Application, Value (US$ Mn) and Volume (Tons), 2018 - 2031
8.3.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. Manufacturer vs by Application Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
9.4.1. UBE Corporation
9.4.1.1. Company Overview
9.4.1.2. Product Portfolio
9.4.1.3. Financial Overview
9.4.1.4. Business Strategies and Development
9.4.2. Connect Chemical GmbH
9.4.2.1. Company Overview
9.4.2.2. Product Portfolio
9.4.2.3. Financial Overview
9.4.2.4. Business Strategies and Development
9.4.3. Nanjing Chengyi Chemical Co., Ltd.
9.4.3.1. Company Overview
9.4.3.2. Product Portfolio
9.4.3.3. Financial Overview
9.4.3.4. Business Strategies and Development
9.4.4. Hefei TNJ Chemical Industry Co., Ltd
9.4.4.1. Company Overview
9.4.4.2. Product Portfolio
9.4.4.3. Financial Overview
9.4.4.4. Business Strategies and Development
9.4.5. Mudanjiang Fengda Chemicals Corporation
9.4.5.1. Company Overview
9.4.5.2. Product Portfolio
9.4.5.3. Financial Overview
9.4.5.4. Business Strategies and Development
9.4.6. Zhonglan Industry Co, Ltd
9.4.6.1. Company Overview
9.4.6.2. Product Portfolio
9.4.6.3. Financial Overview
9.4.6.4. Business Strategies and Development
9.4.7. Changzhou Yetai Fine Chemical Research Institute Co. Ltd.
9.4.7.1. Company Overview
9.4.7.2. Product Portfolio
9.4.7.3. Financial Overview
9.4.7.4. Business Strategies and Development
9.4.8. Ningbo Jiasi Chemical Co., Ltd
9.4.8.1. Company Overview
9.4.8.2. Product Portfolio
9.4.8.3. Financial Overview
9.4.8.4. Business Strategies and Development
9.4.9. Merck KGaA
9.4.9.1. Company Overview
9.4.9.2. Product Portfolio
9.4.9.3. Financial Overview
9.4.9.4. Business Strategies and Development
10. Appendix
10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations

Companies Mentioned

  • UBE Corporation
  • Merck KGaA
  • Connect Chemical GmbH
  • Nanjing Chegyi Chemical Co. Ltd.
  • HefeiTNJ Chemical Industry Co. Ltd.
  • Mudanjiang Fengda Chemical Corporation
  • Zhonglan Industry Co. Ltd.
  • Ningbo Jiasi Chemical Co. Ltd.
  • Changzhou Yetai Fine Chemicals Research Institute Co. Ltd.

Methodology

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