Global Dimethyl Disulfide Market Anticipated to Reach USD 800 Mn by 2026

20-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Dimethyl Disulfide Market By Application (By Application: Food Use and Industrial Use): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026” states that the global Dimethyl Disulfide Market in 2019 is approximately USD 500Mn and volume around 380-kilo tons. The market is expected to grow at a CAGR of 7.7% and is anticipated to reach around USD 800 Mn by 2026 and volume up to 600 Kilotons.

Dimethyl Disulfide Market Size

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Dimethyl disulfide is a colorless chemical compound having liquid state and strong odor. This compound is partially soluble in water as the density of dimethyl disulfide is higher than water. It has a low vapor pressure hence can be handled at high ambient temperatures, however, it also has a low flash point henceforth flammable. It is stored away from potential ignition sources; however, it is easy to pack in bulk and transport. Dimethyl disulfide is used as a food additive to enrich the aroma and flavor of specific food products such as garlic, onion, fruit flavors, soups, meats, cheese, and others. In addition to this dimethyl disulfide is used as an antioxidant, preservative agent in food products, flavorings agent among others. This makes dimethyl disulfide highly useful in packed food production.

Browse the full “Dimethyl Disulfide Market By Application (By Application: Food Use and Industrial Use): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026" https://www.fnfresearch.com/dimethyl-disulfide-market-by-application-by-application-food-858

Furthermore, dimethyl disulfide is used as a sulfating agent because of its high sulfur content and low decomposition temperature, particularly in oil refineries for hydrocracking catalysts sulfating as well as injected continuously at a low rate in ethylene crackers to prevent coke formation and mitigate CO formation. Several benefits of dimethyl disulfide compound have increased its usage in industrial applications leading to an upsurge of dimethyl disulfide market globally.

Additionally, dimethyl disulfide is also used as a soil fumigant in agricultural applications as a substitute for methyl bromide to avoid soil-borne bacterial, fungi, mites and other parasites. These benefits of dimethyl disulfide are propelling market growth. Excess intake of Dimethyl disulfide based agents in food or beverage can harm the human body with disorders, however, there are stringent rules and regulations by several government agencies to regulate the concentration of Dimethyl disulfide in food and beverages. Manufacturers operating in this market are focused on improving Dimethyl Disulfide performance by introducing safe usage methods. This is anticipated to create higher opportunities for manufacturers in dimethyl disulfide market globally.

By based on the application the market is classified into Food Use and Industrial Use. Industrial Use led the segment in 2019 contributing to 75% of the total market share. In terms of volume, the global Dimethyl Disulfide (DMDS) market for Food Use accounted for 75 Kilo Tons in 2019 and is anticipated to reach 120Kilo Tons in 2026 with compound annual growth rate (CAGR) of 6.6%.

Geographically, the global Dimethyl Disulfide Market was dominated by North America by generating revenues around USD 132Mn in 2019. This dominance is majorly attributed to rising demand for packaged food in countries such as the U.S. and Canada. Furthermore, Asia Pacific is set to observe the second-fastest growth of with a market share of 22% over the forecast period.

There are several key players operating in the Dimethyl Disulfide Market around the globe some of them include Chevron Phillips Chemical Company LLC., IRO Group Inc., Shinya Chem Co., Ltd., Arkema S.A., Hangzhou Rongshunjia Technology Co., Ltd., Haihang Industry Co., Ltd., Varsal, Inc., Penta International Corporation, Alpha Chemika, Tianjin TopGlobal Co., Ltd.and Others.

The taxonomy of the Dimethyl Disulfide industry by its scope and segmentation is as follows:

Report Scope

Report Attribute

Details

Market Size in 2019

USD 500 Million

Projected Market Size in 2026

USD 800 Million

CAGR Growth Rate

7.7% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Chevron Phillips Chemical Company LLC., IRO Group Inc., Shinya Chem Co., Ltd., Arkema S.A., Hangzhou Rongshunjia Technology Co., Ltd., Haihang Industry Co., Ltd., Varsal, Inc., Penta International Corporation, Alpha Chemika, Tianjin TopGlobal Co., Ltd., and Others.

Key Segment

By Application, By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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Global Dimethyl Disulfide Market: By Application Segmentation Analysis

  • Food Use
  • Industrial Use

Global Dimethyl Disulfide Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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