디메틸 설폭사이드 시장 - 성장, 향후 전망, 경쟁 분석(2025-2033년)

The dimethyl sulfoxide (DMSO) market involves the production, distribution, and sale of dimethyl sulfoxide, an organosulfur compound with the formula (CH3)2SO. DMSO is a colorless liquid known for its ability to penetrate biological membranes and is used as a solvent in various industries. Its unique chemical properties make it valuable in pharmaceuticals, as a solvent in chemical reactions, in polymerase chain reactions (PCR) in biotechnology, and in the manufacturing of certain types of plastics. The global dimethyl sulfoxide market is projected to grow at a compound annual growth rate (CAGR) of 5.4%. This growth is driven by increasing demand in pharmaceutical applications, particularly due to the expansion of biotechnology and its use in drug formulation and development.

Expanding Pharmaceutical Applications

A primary driver for the growth of the dimethyl sulfoxide (DMSO) market is its expanding use in pharmaceutical applications. DMSO is highly valued in the pharmaceutical industry due to its exceptional ability to penetrate biological membranes, making it an ideal carrier for topical drugs and enhancing the absorption of active ingredients. Additionally, its properties as a cryoprotectant are crucial in the cryopreservation of cells, tissues, and organs, an area that is seeing significant growth with advances in medical research and biotechnology. The increased focus on cell therapies and regenerative medicine, where DMSO plays a vital role in the storage and transport of cellular material, underscores its importance. This expanding range of applications within the pharmaceutical sector is driving demand for DMSO and fueling market growth.

Biotechnology and Research Expansion

A significant opportunity in the DMSO market lies within the biotechnology and research sectors. DMSO's unique solvent capabilities make it indispensable in molecular biology, particularly in polymerase chain reactions (PCR), where it stabilizes the DNA polymerase and improves the yield of PCR products. With the rapid expansion of genetic research and PCR applications in diagnostics, personalized medicine, and academic research, demand for DMSO is expected to surge. Furthermore, ongoing research into the solvent properties of DMSO could open new applications in emerging fields such as synthetic biology and nano-biotechnology, providing substantial growth opportunities for the market.

Regulatory and Environmental Challenges

The primary restraint in the DMSO market is the stringent regulatory and environmental challenges associated with solvent production and usage. DMSO's classification as a solvent puts it under scrutiny regarding environmental impact, disposal, and regulatory compliance. Handling and disposal regulations vary by region, affecting how DMSO can be used and impacting the cost and complexity of operations. Furthermore, there is a continuous push from regulatory bodies to reduce the use of volatile organic compounds (VOCs) and to promote safer, more environmentally friendly alternatives. These regulatory pressures can hinder market growth, as compliance increases operational costs and influences the manufacturing and application scopes of DMSO.

Market Penetration and Safety Concerns

One of the key challenges in the DMSO market is balancing market penetration with safety concerns. While DMSO is prized for its effectiveness as a solvent and carrier, it is also associated with several safety issues, such as skin irritation and potential toxicological effects, which can limit its use in consumer-facing products. The pharmaceutical and cosmetic industries, where direct human contact is common, face particular challenges in formulating products that leverage DMSO's benefits without incurring regulatory or health-related backlash. This requires ongoing investment in research to develop derivatives or formulations that mitigate the risks associated with DMSO, ensuring safety without compromising on efficacy. Addressing these safety concerns is crucial for maintaining market growth and consumer trust in products containing DMSO.

Market Segmentation by Grade

In the dimethyl sulfoxide (DMSO) market, segmentation by grade includes electronics, pharmaceuticals, and industrial. The pharmaceutical grade of DMSO commands the highest revenue share in the market, driven by its critical applications in drug delivery systems, cryopreservation, and as a solvent in various pharmaceutical formulations. The stringent purity requirements and regulatory approvals necessary for pharmaceutical applications justify the higher price point and revenue contribution of this grade. On the other hand, the electronics grade is projected to exhibit the highest compound annual growth rate (CAGR) from 2025 to 2033. This growth is spurred by the expanding use of DMSO in the production of electronic components, where it is used as a solvent in the manufacturing process of semiconductors and other electronic parts. The increasing demand for consumer electronics and advanced technologies in the automotive and telecommunications sectors fuels this growth, reflecting a broader trend towards miniaturization and efficiency that relies heavily on high-purity chemical solvents like DMSO.

Market Segmentation by Application

Market segmentation by application for DMSO includes removers & cleaners, polymer processing, pharmaceutical, agrochemical, and others. The pharmaceutical application segment generates the highest revenue due to the extensive use of DMSO in drug formulation and its role as a solvent in topical medications and injections, alongside its use in biotechnological applications such as cryopreservation. However, the agrochemical application segment is expected to witness the highest CAGR in the forecast period. The growth in this segment is attributed to the increasing use of DMSO as a solvent in the production of herbicides, pesticides, and fungicides. This trend is driven by the growing global demand for higher agricultural yields and more efficient crop protection chemicals, which require effective and safe solvents that can enhance the solubility and efficacy of active ingredients in agrochemical formulations. The ongoing expansion of agricultural sectors in developing countries and the introduction of more complex chemical formulations for pest and disease control are key factors contributing to the rapid growth of DMSO in agrochemical applications.

Geographic Segment

The dimethyl sulfoxide (DMSO) market exhibits varied geographic trends, shaped by regional industrial activities, regulatory landscapes, and the presence of key market players. North America historically has generated the highest revenue within the market, driven by robust pharmaceutical and agricultural sectors that extensively utilize DMSO. The region's stringent regulatory standards which require high-purity solvents and the strong presence of biotechnology and healthcare industries further consolidate its revenue leadership. However, Asia-Pacific is projected to experience the highest compound annual growth rate (CAGR) from 2025 to 2033. This surge in growth is attributed to rapid industrialization across major economies such as China and India, coupled with increasing investments in pharmaceuticals and electronics manufacturing. The expanding agricultural sector in this region, which requires high-efficiency agrochemicals where DMSO is used as a solvent, also contributes significantly to the market growth.

Competitive Trends and Top Players

In 2024, the competitive landscape of the DMSO market was prominently shaped by players like Arkema Group, Gaylord Chemical Corporation, Toray Fine Chemicals Co. Ltd., Hubei Xingfa Chemicals Group, Yangmei Fengxi Fertilizer Industry (Group) Co., Ltd., Zhuzhou Hansen Chemicals Co., Ltd., Yankuang Lunan Chemicals, Otto Chemie Pvt. Ltd., Honeywell International Inc., Sigma-Aldrich Co. LLC, Glentham Life Sciences, FENGCHEN GROUP CO., LTD, and Henan GP Chemicals Co., Ltd. These companies focused extensively on expanding their production capacities and enhancing their global distribution networks to meet the growing demand for DMSO. Strategic initiatives included investments in technology to improve product quality and reduce production costs, collaborations with end-users to develop application-specific formulations, and adherence to stringent environmental regulations to maintain compliance and enhance brand reputation. From 2025 to 2033, these companies are expected to increasingly leverage advanced manufacturing technologies and engage in strategic partnerships and acquisitions to strengthen their market positions. There will be a pronounced focus on emerging markets in the Asia-Pacific region, where rapid industrial growth offers substantial opportunities for expansion. Additionally, ongoing innovation in pharmaceutical and electronic applications of DMSO is anticipated to drive the development of new, high-margin products tailored to specific industry requirements.

Historical & Forecast Period

This study report represents an analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.

The current report comprises quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends & technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. The key data points that enable the estimation of Dimethyl Sulfoxide market are as follows:

Research and development budgets of manufacturers and government spending

Revenues of key companies in the market segment

Number of end users & consumption volume, price, and value.

Geographical revenues generated by countries considered in the report

Micro and macro environment factors that are currently influencing the Dimethyl Sulfoxide market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top-down and bottom-up approach for validation of market estimation assures logical, methodical, and mathematical consistency of the quantitative data.

Market Segmentation

• Grade
• Electronics
• Pharmaceuticals
• Industrial
• Application
• Removers & Cleaners
• Electronics Component
• Plant Cleaning
• Removers
• Polymer Processing
• Pharmaceutical
• Agrochemical
• Others
• Region Segment (2023-2033; US$ Million)
• North America
• U.S.
• Canada
• Rest of North America
• UK and European Union
• UK
• Germany
• Spain
• Italy
• France
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East and Africa
• GCC
• Africa
• Rest of Middle East and Africa

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Dimethyl Sulfoxide market?
• What are the key investment pockets concerning product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2033.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Dimethyl Sulfoxide market?
• Which is the largest regional market for Dimethyl Sulfoxide market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Dimethyl Sulfoxide market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Dimethyl Sulfoxide market worldwide?

Table of Contents

1. Preface

• 1.1. Report Description
  • 1.1.1. Purpose of the Report
  • 1.1.2. Target Audience
  • 1.1.3. Key Offerings
• 1.2. Market Segmentation
• 1.3. Research Methodology
  • 1.3.1. Phase I - Secondary Research
  • 1.3.2. Phase II - Primary Research
  • 1.3.3. Phase III - Expert Panel Review
  • 1.3.4. Assumptions
  • 1.3.5. Approach Adopted

2. Executive Summary

• 2.1. Market Snapshot: Global Dimethyl Sulfoxide Market
• 2.2. Global Dimethyl Sulfoxide Market, By Grade, 2024 (US$ Million)
• 2.3. Global Dimethyl Sulfoxide Market, By Application, 2024 (US$ Million)
• 2.4. Global Dimethyl Sulfoxide Market, By Geography, 2024 (US$ Million)
• 2.5. Attractive Investment Proposition by Geography, 2024

3. Dimethyl Sulfoxide Market: Competitive Analysis

• 3.1. Market Positioning of Key Dimethyl Sulfoxide Market Vendors
• 3.2. Strategies Adopted by Dimethyl Sulfoxide Market Vendors

4. Dimethyl Sulfoxide Market: Macro Analysis & Market Dynamics

• 4.1. Introduction
• 4.2. Global Dimethyl Sulfoxide Market Value, 2023 - 2033, (US$ Million)
• 4.3. Market Dynamics
  • 4.3.1. Market Drivers
  • 4.3.2. Market Restraints
  • 4.3.3. Key Challenges
  • 4.3.4. Key Opportunities
• 4.4. Impact Analysis of Drivers and Restraints
• 4.5. Porter's Five Force Model
  • 4.5.1. Supplier Power
  • 4.5.2. Buyer Power
  • 4.5.3. Threat Of Substitutes
  • 4.5.4. Threat Of New Entrants
  • 4.5.5. Competitive Rivalry
• 4.6. PESTEL Analysis
  • 4.6.1. Political Landscape
  • 4.6.2. Economic Landscape
  • 4.6.3. Technology Landscape
  • 4.6.4. Legal Landscape
  • 4.6.5. Social Landscape

5. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)

• 5.1. Market Overview
• 5.2. Growth & Revenue Analysis: 2024 Versus 2033
• 5.3. Market Segmentation
  • 5.3.1. Electronics
  • 5.3.2. Pharmaceuticals
  • 5.3.3. Industrial

6. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)

• 6.1. Market Overview
• 6.2. Growth & Revenue Analysis: 2024 Versus 2033
• 6.3. Market Segmentation
  • 6.3.1. Removers & Cleaners
    • 6.3.1.1. Electronics Component
    • 6.3.1.2. Plant Cleaning
    • 6.3.1.3. Removers
  • 6.3.2. Polymer Processing
  • 6.3.3. Pharmaceutical
  • 6.3.4. Agrochemical
  • 6.3.5. Others

7. North America Dimethyl Sulfoxide Market, 2023-2033, USD (Million)

• 7.1. Market Overview
• 7.2. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
• 7.3. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
• 7.4. Dimethyl Sulfoxide Market: By Region, 2023-2033, USD (Million)
  • 7.4.1. North America
    • 7.4.1.1. U.S.
      • 7.4.1.1.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 7.4.1.1.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 7.4.1.2. Canada
      • 7.4.1.2.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 7.4.1.2.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 7.4.1.3. Rest of North America
      • 7.4.1.3.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 7.4.1.3.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)

8. UK and European Union Dimethyl Sulfoxide Market, 2023-2033, USD (Million)

• 8.1. Market Overview
• 8.2. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
• 8.3. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
• 8.4. Dimethyl Sulfoxide Market: By Region, 2023-2033, USD (Million)
  • 8.4.1. UK and European Union
    • 8.4.1.1. UK
      • 8.4.1.1.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 8.4.1.1.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 8.4.1.2. Germany
      • 8.4.1.2.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 8.4.1.2.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 8.4.1.3. Spain
      • 8.4.1.3.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 8.4.1.3.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 8.4.1.4. Italy
      • 8.4.1.4.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 8.4.1.4.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 8.4.1.5. France
      • 8.4.1.5.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 8.4.1.5.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 8.4.1.6. Rest of Europe
      • 8.4.1.6.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 8.4.1.6.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)

9. Asia Pacific Dimethyl Sulfoxide Market, 2023-2033, USD (Million)

• 9.1. Market Overview
• 9.2. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
• 9.3. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
• 9.4. Dimethyl Sulfoxide Market: By Region, 2023-2033, USD (Million)
  • 9.4.1. Asia Pacific
    • 9.4.1.1. China
      • 9.4.1.1.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 9.4.1.1.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 9.4.1.2. Japan
      • 9.4.1.2.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 9.4.1.2.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 9.4.1.3. India
      • 9.4.1.3.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 9.4.1.3.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 9.4.1.4. Australia
      • 9.4.1.4.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 9.4.1.4.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 9.4.1.5. South Korea
      • 9.4.1.5.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 9.4.1.5.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 9.4.1.6. Rest of Asia Pacific
      • 9.4.1.6.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 9.4.1.6.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)

10. Latin America Dimethyl Sulfoxide Market, 2023-2033, USD (Million)

• 10.1. Market Overview
• 10.2. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
• 10.3. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
• 10.4. Dimethyl Sulfoxide Market: By Region, 2023-2033, USD (Million)
  • 10.4.1. Latin America
    • 10.4.1.1. Brazil
      • 10.4.1.1.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 10.4.1.1.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 10.4.1.2. Mexico
      • 10.4.1.2.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 10.4.1.2.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 10.4.1.3. Rest of Latin America
      • 10.4.1.3.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 10.4.1.3.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)

11. Middle East and Africa Dimethyl Sulfoxide Market, 2023-2033, USD (Million)

• 11.1. Market Overview
• 11.2. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
• 11.3. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
• 11.4. Dimethyl Sulfoxide Market: By Region, 2023-2033, USD (Million)
  • 11.4.1. Middle East and Africa
    • 11.4.1.1. GCC
      • 11.4.1.1.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 11.4.1.1.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 11.4.1.2. Africa
      • 11.4.1.2.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 11.4.1.2.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)
    • 11.4.1.3. Rest of Middle East and Africa
      • 11.4.1.3.1. Dimethyl Sulfoxide Market: By Grade, 2023-2033, USD (Million)
      • 11.4.1.3.2. Dimethyl Sulfoxide Market: By Application, 2023-2033, USD (Million)

12. Company Profile

• 12.1. Arkema Group

(Company Overview, Financial Performance, Product Portfolio, Strategic Initiatives)

• 12.2. Gaylord Chemical Corporation
• 12.3. Toray Fine Chemicals Co. Ltd.
• 12.4. Hubei Xingfa Chemicals Group
• 12.5. Yangmei Fengxi Fertilizer Industry (Group) Co., Ltd.
• 12.6. Zhuzhou Hansen Chemicals Co., Ltd.
• 12.7. Yankuang Lunan Chemicals
• 12.8. Otto Chemie Pvt. Ltd.
• 12.9. Honeywell International Inc.
• 12.10. Sigma-Aldrich Co. LLC.
• 12.11. Glentham Life Sciences
• 12.12. FENGCHEN GROUP CO., LTD
• 12.13. Henan GP Chemicals Co., Ltd.