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Dimethyl Phosphate Market By Type, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 228 Pages
  • January 2023
  • Region: Global
  • Allied Market Research
  • ID: 5751104
The global dimethyl phosphate market was valued at $2.2 billion in 2021, and is projected to reach $3.9 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031.

Dimethyl phosphate is an organophosphorus compound with the formula of having CH3O)2P(O)H. The phosphorus molecule is tetrahedral and it is a colorless liquid. It is a reagent that is used for generating organophosphorus compounds. It is synthesized by methanolysis of phosphorus trichloride or by heating dimethyl phosphite in others. Dimethyl phosphate has a wide range of applications in various end-use industries including agriculture, flame retardant, petroleum additive, and others.

The pharmaceutical sector is experiencing rapid growth owing to the rise in population, increase in R&D activities, advancement in technology, and government support for this sector. For instance, according to a report published by India Brand Equity Foundation in May 2022, India's domestic pharmaceutical market is at $42 billion in 2021 and is likely to reach $65 billion by 2024 and further expand to reach ~$120-130 billion by 2030. These factors are expected to boost the overall demand for dimethyl phosphate with 95.0% of purity ratio where it is used as an antiseptic agent in the formulation of various drugs, lotions, ointments, creams, and others.

Furthermore, developments in the agriculture industry have enhanced the performance of dimethyl phosphate by 95.0%. It is widely used as an herbicide which is used to control oats in cereal crops. This is expected to act as one of the key elements responsible for the growth of the market during the forecast period. In addition to this, the increase in scarcity of potable water has surged the water treatment activities where dimethyl phosphates are used as a corrosion inhibitor to prevent metal dissolution from a water pipe into the treated water.

For instance, according to a report published by World Wildlife Fund, around 1.1 billion people lack access to fresh water, and 2.7 billion experience water scarcity every year. This factor may propel the growth of dimethyl phosphates in the water treatment sector. The increase in the severity of diseases has led the pharmaceutical sector to witness significant growth where sodium-based dimethyl phosphate substrates are widely used for the chemical intermediates in the synthesis of hemoglobin. This factor is predicted to drive the demand for dimethyl phosphate chemicals in the pharmaceutical sector. However, side effects associated with the use of dimethyl phosphate may restrain the growth of the dimethyl phosphate market.

On the contrary, the increase in global energy demand has surged the crude oil exploration and drilling activities in the oil-rich countries where dimethyl phosphates are widely used as scale and corrosion inhibitors to avoid the scale and corrosion formation in pipelines and other drilling equipment. In addition, an increase in sales of automobiles has surged the need for refined fuel which in turn has led the global oil & gas refineries to surge their refining capacities where dimethyl phosphates are employed in pipelines and distillation columns to avoid damage due to scale and corrosion.

For instance, according to an article published by the Economic Times in December 2021, Numaligarh Refinery Limited (NRL) under a mega-integrated refinery expansion project has increased its refining capacity from 3 million metric tons per annum (MMTPA) to 9 million metric tons per annum (MMTPA). This event is anticipated to increase the demand for dimethyl phosphates in the growing oil refineries; thus, creating remunerative opportunities for the market.

The dimethyl phosphate market is segmented on the basis of purity, application, and region. On the basis of type, the market is categorized into 95.0% and 98.0%. On the basis of application, it is divided into agrochemicals, corrosion inhibitors, petroleum additives, others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The global dimethyl phosphate market profiles leading players that include Otto Chemie Pvt. Ltd., Merck KGaA, Lanxess, Fisher Scientific, Toronto Research Chemicals, AccuStandard, Inc., Alfa Chemistry, Biosynth, BLDpharm, Clearsynth. The global dimethyl phosphate market report provides in-depth competitive analysis as well as profiles of these major players.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the dimethyl phosphate market analysis from 2021 to 2031 to identify the prevailing dimethyl phosphate market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the dimethyl phosphate market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global dimethyl phosphate market trends, key players, market segments, application areas, and market growth Strategies.

Key Market Segments

By Type

  • 95%
  • 98%

By Application

  • Agrochemicals
  • Corrosion Inhibitor
  • Petroleum Additive

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • BLDpharm
  • Clearsynth
  • AccuStandard, Inc.
  • Merck KGaA
  • Lanxess
  • Fisher Scientific
  • Alfa Chemistry
  • Biosynth
  • Toronto Research Chemicals
  • Otto Chemie Pvt. Ltd.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Rise in demand from agriculture sector
3.4.1.2. Excellent source of chemical intermediator
3.4.2. Restraints
3.4.2.1. Side effect associated with dimethyl phosphate
3.4.3. Opportunities
3.4.3.1. Rise in utilization of dimethyl phosphate chemicals
3.5. COVID-19 Impact Analysis on the market
3.6. Key Regulation Analysis
3.7. Patent Landscape
3.8. Pricing Analysis
3.9. Value Chain Analysis

CHAPTER 4: DIMETHYL PHOSPHATE MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. 95%
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. 98%
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country

CHAPTER 5: DIMETHYL PHOSPHATE MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast
5.2. Agrochemicals
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Corrosion Inhibitor
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Petroleum Additive
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Others
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country

CHAPTER 6: DIMETHYL PHOSPHATE MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Type
6.2.3. Market size and forecast, by Application
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Type
6.2.4.1.3. Market size and forecast, by Application
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Type
6.2.4.2.3. Market size and forecast, by Application
6.2.4.3. Mexico
6.2.4.3.1. Key market trends, growth factors and opportunities
6.2.4.3.2. Market size and forecast, by Type
6.2.4.3.3. Market size and forecast, by Application
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Type
6.3.3. Market size and forecast, by Application
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Type
6.3.4.1.3. Market size and forecast, by Application
6.3.4.2. UK
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Type
6.3.4.2.3. Market size and forecast, by Application
6.3.4.3. France
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Type
6.3.4.3.3. Market size and forecast, by Application
6.3.4.4. Spain
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Type
6.3.4.4.3. Market size and forecast, by Application
6.3.4.5. Italy
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Type
6.3.4.5.3. Market size and forecast, by Application
6.3.4.6. Rest of Europe
6.3.4.6.1. Key market trends, growth factors and opportunities
6.3.4.6.2. Market size and forecast, by Type
6.3.4.6.3. Market size and forecast, by Application
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Type
6.4.3. Market size and forecast, by Application
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Type
6.4.4.1.3. Market size and forecast, by Application
6.4.4.2. India
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Type
6.4.4.2.3. Market size and forecast, by Application
6.4.4.3. Japan
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Type
6.4.4.3.3. Market size and forecast, by Application
6.4.4.4. South Korea
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Type
6.4.4.4.3. Market size and forecast, by Application
6.4.4.5. Australia
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Type
6.4.4.5.3. Market size and forecast, by Application
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Key market trends, growth factors and opportunities
6.4.4.6.2. Market size and forecast, by Type
6.4.4.6.3. Market size and forecast, by Application
6.5. LAMEA
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Type
6.5.3. Market size and forecast, by Application
6.5.4. Market size and forecast, by country
6.5.4.1. Brazil
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Type
6.5.4.1.3. Market size and forecast, by Application
6.5.4.2. Saudi Arabia
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Type
6.5.4.2.3. Market size and forecast, by Application
6.5.4.3. South Africa
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Type
6.5.4.3.3. Market size and forecast, by Application
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Key market trends, growth factors and opportunities
6.5.4.4.2. Market size and forecast, by Type
6.5.4.4.3. Market size and forecast, by Application

CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning Strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021

CHAPTER 8: COMPANY PROFILES
8.1. Otto Chemie Pvt. Ltd.
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.2. Merck KGaA
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. Business performance
8.3. Lanxess
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.3.6. Business performance
8.4. Fisher Scientific
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.5. Toronto Research Chemicals
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.6. AccuStandard, Inc.
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.7. Alfa Chemistry
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.8. Biosynth
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.9. BLDpharm
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.10. Clearsynth
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio

List of Tables
Table 01. Global Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 02. Global Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 03. Dimethyl Phosphate Market for 95%, by Region, 2021-2031 (Revenue, $Million)
Table 04. Dimethyl Phosphate Market for 95%, by Region, 2021-2031 (Volume, Tons)
Table 05. Dimethyl Phosphate Market for 98%, by Region, 2021-2031 (Revenue, $Million)
Table 06. Dimethyl Phosphate Market for 98%, by Region, 2021-2031 (Volume, Tons)
Table 07. Global Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 08. Global Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 09. Dimethyl Phosphate Market for Agrochemicals, by Region, 2021-2031 (Revenue, $Million)
Table 10. Dimethyl Phosphate Market for Agrochemicals, by Region, 2021-2031 (Volume, Tons)
Table 11. Dimethyl Phosphate Market for Corrosion Inhibitor, by Region, 2021-2031 (Revenue, $Million)
Table 12. Dimethyl Phosphate Market for Corrosion Inhibitor, by Region, 2021-2031 (Volume, Tons)
Table 13. Dimethyl Phosphate Market for Petroleum Additive, by Region, 2021-2031 (Revenue, $Million)
Table 14. Dimethyl Phosphate Market for Petroleum Additive, by Region, 2021-2031 (Volume, Tons)
Table 15. Dimethyl Phosphate Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 16. Dimethyl Phosphate Market for Others, by Region, 2021-2031 (Volume, Tons)
Table 17. Dimethyl Phosphate Market, by Region, 2021-2031 (Revenue, $Million)
Table 18. Dimethyl Phosphate Market, by Region, 2021-2031 (Volume, Tons)
Table 19. North America Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 20. North America Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 21. North America Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 22. North America Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 23. North America Dimethyl Phosphate Market, by Country, 2021-2031 (Revenue, $Million)
Table 24. North America Dimethyl Phosphate Market, by Country, 2021-2031 (Volume, Tons)
Table 25. U.S. Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 26. U.S. Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 27. U.S. Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 28. U.S. Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 29. Canada Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 30. Canada Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 31. Canada Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 32. Canada Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 33. Mexico Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 34. Mexico Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 35. Mexico Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 36. Mexico Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 37. Europe Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 38. Europe Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 39. Europe Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 40. Europe Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 41. Europe Dimethyl Phosphate Market, by Country, 2021-2031 (Revenue, $Million)
Table 42. Europe Dimethyl Phosphate Market, by Country, 2021-2031 (Volume, Tons)
Table 43. Germany Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 44. Germany Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 45. Germany Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 46. Germany Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 47. UK Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 48. UK Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 49. UK Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 50. UK Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 51. France Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 52. France Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 53. France Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 54. France Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 55. Spain Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 56. Spain Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 57. Spain Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 58. Spain Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 59. Italy Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 60. Italy Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 61. Italy Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 62. Italy Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 63. Rest of Europe Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 64. Rest of Europe Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 65. Rest of Europe Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 66. Rest of Europe Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 67. Asia-Pacific Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 68. Asia-Pacific Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 69. Asia-Pacific Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 70. Asia-Pacific Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 71. Asia-Pacific Dimethyl Phosphate Market, by Country, 2021-2031 (Revenue, $Million)
Table 72. Asia-Pacific Dimethyl Phosphate Market, by Country, 2021-2031 (Volume, Tons)
Table 73. China Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 74. China Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 75. China Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 76. China Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 77. India Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 78. India Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 79. India Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 80. India Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 81. Japan Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 82. Japan Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 83. Japan Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 84. Japan Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 85. South Korea Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 86. South Korea Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 87. South Korea Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 88. South Korea Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 89. Australia Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 90. Australia Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 91. Australia Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 92. Australia Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 93. Rest of Asia-Pacific Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 94. Rest of Asia-Pacific Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 95. Rest of Asia-Pacific Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 96. Rest of Asia-Pacific Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 97. LAMEA Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 98. LAMEA Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 99. LAMEA Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 100. LAMEA Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 101. LAMEA Dimethyl Phosphate Market, by Country, 2021-2031 (Revenue, $Million)
Table 102. LAMEA Dimethyl Phosphate Market, by Country, 2021-2031 (Volume, Tons)
Table 103. Brazil Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 104. Brazil Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 105. Brazil Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 106. Brazil Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 107. Saudi Arabia Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 108. Saudi Arabia Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 109. Saudi Arabia Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 110. Saudi Arabia Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 111. South Africa Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 112. South Africa Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 113. South Africa Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 114. South Africa Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 115. Rest of LAMEA Dimethyl Phosphate Market, by Type, 2021-2031 (Revenue, $Million)
Table 116. Rest of LAMEA Dimethyl Phosphate Market, by Type, 2021-2031 (Volume, Tons)
Table 117. Rest of LAMEA Dimethyl Phosphate Market, by Application, 2021-2031 (Revenue, $Million)
Table 118. Rest of LAMEA Dimethyl Phosphate Market, by Application, 2021-2031 (Volume, Tons)
Table 119. Otto Chemie Pvt. Ltd.: Key Executives
Table 120. Otto Chemie Pvt. Ltd.: Company Snapshot
Table 121. Otto Chemie Pvt. Ltd.: Product Segments
Table 122. Otto Chemie Pvt. Ltd.: Product Portfolio
Table 123. Merck KGaA: Key Executives
Table 124. Merck KGaA: Company Snapshot
Table 125. Merck KGaA: Product Segments
Table 126. Merck KGaA: Product Portfolio
Table 127. Lanxess: Key Executives
Table 128. Lanxess: Company Snapshot
Table 129. Lanxess: Service Segments
Table 130. Lanxess: Product Portfolio
Table 131. Fisher Scientific: Key Executives
Table 132. Fisher Scientific: Company Snapshot
Table 133. Fisher Scientific: Product Segments
Table 134. Fisher Scientific: Product Portfolio
Table 135. Toronto Research Chemicals: Key Executives
Table 136. Toronto Research Chemicals: Company Snapshot
Table 137. Toronto Research Chemicals: Product Segments
Table 138. Toronto Research Chemicals: Product Portfolio
Table 139. Accustandard, Inc.: Key Executives
Table 140. Accustandard, Inc.: Company Snapshot
Table 141. Accustandard, Inc.: Product Segments
Table 142. Accustandard, Inc.: Product Portfolio
Table 143. Alfa Chemistry: Key Executives
Table 144. Alfa Chemistry: Company Snapshot
Table 145. Alfa Chemistry: Product Segments
Table 146. Alfa Chemistry: Product Portfolio
Table 147. Biosynth: Key Executives
Table 148. Biosynth: Company Snapshot
Table 149. Biosynth: Product Segments
Table 150. Biosynth: Product Portfolio
Table 151. Bldpharm: Key Executives
Table 152. Bldpharm: Company Snapshot
Table 153. Bldpharm: Product Segments
Table 154. Bldpharm: Product Portfolio
Table 155. Clearsynth: Key Executives
Table 156. Clearsynth: Company Snapshot
Table 157. Clearsynth: Product Segments
Table 158. Clearsynth: Product Portfolio

List of Figures
Figure 01. Dimethyl Phosphate Market, 2021-2031
Figure 02. Segmentation of Dimethyl Phosphate Market, 2021-2031
Figure 03. Top Investment Pockets in Dimethyl Phosphate Market (2022-2031)
Figure 04. Moderate Bargaining Power of Suppliers
Figure 05. High Bargaining Power of Buyers
Figure 06. Moderate Threat of Substitutes
Figure 07. High Threat of New Entrants
Figure 08. Moderate Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: Globaldimethyl Phosphate Market
Figure 10. Impact of Key Regulation: Dimethyl Phosphate Market
Figure 11. Patent Analysis by Company
Figure 12. Patent Analysis by Country
Figure 13. Pricing Analysis: Dimethyl Phosphate Market 2021 and 2031
Figure 14. Value Chain Analysis: Dimethyl Phosphate Market
Figure 15. Dimethyl Phosphate Market, by Type, 2021(%)
Figure 16. Comparative Share Analysis of Dimethyl Phosphate Market for 95%, by Country 2021-2031(%)
Figure 17. Comparative Share Analysis of Dimethyl Phosphate Market for 98%, by Country 2021-2031(%)
Figure 18. Dimethyl Phosphate Market, by Application, 2021(%)
Figure 19. Comparative Share Analysis of Dimethyl Phosphate Market for Agrochemicals, by Country 2021-2031(%)
Figure 20. Comparative Share Analysis of Dimethyl Phosphate Market for Corrosion Inhibitor, by Country 2021-2031(%)
Figure 21. Comparative Share Analysis of Dimethyl Phosphate Market for Petroleum Additive, by Country 2021-2031(%)
Figure 22. Comparative Share Analysis of Dimethyl Phosphate Market for Others, by Country 2021-2031(%)
Figure 23. Dimethyl Phosphate Market by Region, 2021
Figure 24. U.S. Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 25. Canada Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 26. Mexico Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 27. Germany Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 28. UK Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 29. France Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 30. Spain Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 31. Italy Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 32. Rest of Europe Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 33. China Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 34. India Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 35. Japan Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 36. South Korea Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 37. Australia Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 38. Rest of Asia-Pacific Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 39. Brazil Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 40. Saudi Arabia Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 41. South Africa Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 42. Rest of LAMEA Dimethyl Phosphate Market, 2021-2031 ($Million)
Figure 43. Top Winning Strategies, by Year
Figure 44. Top Winning Strategies, by Development
Figure 45. Top Winning Strategies, by Company
Figure 46. Product Mapping of Top 10 Players
Figure 47. Competitive Dashboard
Figure 48. Competitive Heatmap: Dimethyl Phosphate Market
Figure 49. Top Player Positioning, 2021
Figure 50. Merck KGaA: Net Sales, 2019-2021 ($Million)
Figure 51. Merck KGaA: Revenue Share by Segment, 2021 (%)
Figure 52. Merck KGaA: Revenue Share by Region, 2021 (%)
Figure 53. Lanxess: Net Sales, 2019-2021 ($Million)
Figure 54. Lanxess: Revenue Share by Segment, 2021 (%)
Figure 55. Lanxess: Revenue Share by Region, 2021 (%)

Executive Summary

According to the report titled, 'Dimethyl Phosphate Market,' the dimethyl phosphate market was valued at $2.2 billion in 2021, and is estimated to reach $3.9 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031.

Dimethyl phosphate is an organophosphorus compound with the formula (CH3O)2P(O)H. It is a reagent used for generating other organophosphorus compounds and exploiting the high reactivity of the P-H bond. Dimethyl phosphate is tetra-hedral and is a colorless liquid. It has a wide range of applications in various end-use industry such as, automotive, agriculture, oil & gas, industrial, and other end-use industry. Dimethyl phosphates include properties such as flame retardants, corrosion inhibitor, excellent source of fertilizer, gasoline additive, and others.

Increase in awareness and the beneficial properties of dimethyl phosphate have put more emphasis on manufacturer to increase their production capacities. Dimethyl phosphate act as a chemical intermediate and is extensively used formulation for various chemicals. According to a report published by Organization for Economic Cooperation and Development Screening Information Dataset (OECD SIDS) in 2020, dimethyl phosphate is a regarded as a basic chemical which is used industrially as an intermediate for the production of water treatment chemicals (about 50%), pesticides and pharmaceuticals (about 20%), and others. Furthermore, chemical manufacturing companies have increased their production capacities for dimethyl phosphate with varying purity ratios owing to surge in demand. This may act as one of the key drivers responsible for the growth of the dimethyl phosphate in the market.

In addition, Factors such as rise in global population, increase in demand for food, import and export trade, advancement of technology, and surge in agriculture sector boost the demand for dimethyl phosphate. For instance, according to an article published by India Brand Equity Foundation in August 2022, the Indian agricultural sector is predicted to increase to $24 billion by 2025. These factors boost the growth of dimethyl phosphate in the agriculture sector where it is employed widely on crops as a pesticide and thus, helps in maintaining the crop yield during the natural calamity and low productivity situations. In addition, the most commonly used dimethyl phosphate-based fertilizer is 2, 2-dichlorovinyl dimethyl phosphate (DDVP) is an organophosphate pesticide (OP) that helps in controlling insect and pests in agricultural sector. This is anticipated to drive the growth of dimethyl phosphate types in the market.

However, fluctuations in the prices and unavailability of raw materials are projected to pose a major challenge toward the growth of the dimethyl phosphate market. Furthermore, toxicity nature and side effect associated with dimethyl phosphate is likely dampen the market growth. In addition, the lack of awareness and benefits regarding use of dimethyl phosphates and its different types has hampered the growth rate of dimethyl phosphate market. In addition, there are numerous side effects linked with usage of dimethyl phosphate. The exposure comes mainly by absorption of dimethyl phosphate through the skin and the lining of the mouth which in turn leads to dermatitis, skin irritation, and it may develop allergic reactions, especially in children. For instance, according to an article published by Beyond Pesticide in 2021, the interference of dimethyl phosphate in the body affects the thyroid hormone metabolism and lead to potential endocrine disruption. In addition, exposure to dimethyl phosphate in children at an early age will lead to the development of allergic reactions, eczema, asthma, and many others. These factors together are predicted to hamper the overall growth of the dimethyl phosphate market during the forecast period.

On the contrary, the increase in global energy demand has surged the crude oil exploration and drilling activities in the oil rich countries where dimethyl phosphates are widely used as scale and corrosion inhibitors to avoid the scale and corrosion formation in pipelines and other drilling equipment. In addition, increase in sales of automobiles have surged the need for refined fuel which in turn has led the global oil & gas refineries to surge their refining capacities where dimethyl phosphates are employed in pipelines and distillation columns to avoid damage due to scale and corrosion. For instance, according to an article published by the Economic Times in December 2021, Numaligarh Refinery Limited (NRL) under a mega-integrated refinery expansion project has increased its refining capacity from 3 million metric tons per annum (MMTPA) to 9 million metric tons per annum (MMTPA). This event is anticipated to increase the demand for dimethyl phosphates in the growing oil refineries; thus, creating remunerative opportunities for the market.

The dimethyl phosphate market is segmented on the basis of purity, application, and region. On the basis of type, the market is categorized into 95.0% and 98.0%. On the basis of application, it is divided into agrochemicals, corrosion inhibitor, petroleum additive, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The major companies profiled in this report include Otto Chemie Pvt. Ltd., Merck KGaA, Lanxess, Fisher Scientific, Toronto Research Chemicals, AccuStandard, Inc., Alfa Chemistry, Biosynth, BLDpharm, and Clearsynth. The global dimethyl phosphate market report provides in-depth competitive analysis as well as profiles of these major players.

Key Market Insights

By type, the 98% purity segment is the fastest growing segment, registering a CAGR of 5.9% from 2022 to 2031.

By application, the corrosion inhibitor application segment is the fastest growing segment, registering a CAGR of 6.0% from 2022 to 2031.

By region, Asia-Pacific registered the highest share of 41.2% in 2021, in terms of revenue, growing at a CAGR of 6.4% during the forecast period.

Companies Mentioned

  • BLDpharm
  • Clearsynth
  • AccuStandard, Inc.
  • Merck KGaA
  • Lanxess
  • Fisher Scientific
  • Alfa Chemistry
  • Biosynth
  • Toronto Research Chemicals
  • Otto Chemie Pvt. Ltd.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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