2,2-Dimethoxypropane is an organic compound and an alkylating reagent, which is also named as DMP for short. The chemical formula is C5H12O2 and the molecular formula is (CH3)2C(OCH3)2. It is the acetalisation product of acetone and methanol. 2,2-Dimethoxypropane is an intermediate for the synthesis of 2-methoxypropene. In histology, DMP is now considered to be more efficient than ethanol for the dehydration of animal tissue.
2,2-Dimethoxypropane production is labor-intensive industry. Currently, there are several producing companies in the world 2,2-Dimethoxypropane industry, more of which are located in China. The main market players are BASF, Ningbo Huana Chemical, Jiangsu Dingye Pharmaceutical, Hangzhou Ruiqi Chemical. The global production of 2,2-dimethoxypropane will increase to 7875 MT in 2016 from 5300 MT in 2011 with the 8.25% average growth rate. And global 2,2-dimethoxypropane capacity utilization rate remained at around 70% in 2015.
Over the next five years, projects that 2, 2-Dimethoxypropane will register a 5.9% CAGR in terms of revenue, reach US$ 48 million by 2023, from US$ 34 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of 2, 2-Dimethoxypropane market by product type, application, key manufacturers and key regions.
To calculate the market size, considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
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This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Ningbo Huana Chemical
Jiangsu Dingye Pharmaceutical
Hangzhou Ruiqi Chemical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.