Dimethyl Disulphide (DMDS) is a simple organic compound with an IUPAC name of (Methyldisulfanyl) methane. It is natural obtained from the helicodiceros and muscivorus, It is simplest disulfide and present in the form of stable pale yellow liquid. Dimethyl Disulphide possesses the flammability property along with unpleasant garlic like odor. DMDS is highly rich sulphur compound and widely used as a cracking catalyst in hydrocracking process.
Further, it is also used as food additives in various food products such as onion, garlic, cheese, soups, and fruit flavor and others. Additional application of the Dimethyl Disulphide is used as sulphiding agent in an oil refineries, effective soil fumigant in agriculture sector. Moreover, Dimethyl Disulphide is used in the manufacturing of the various pesticides.
Market Size & Forecast
Global dimethyl disulphide (DMDS) Market is anticipated to flourish at a significant CAGR over the forecast period. Moreover growth of DMDS market is increasing as the demand of the food additives and soil fumigants increasing across the globe. Further rising demand of the highly sulphur rich compound in petrochemical industries is also envisioned to bolster growth of the dimethyl disulphide (DMDS) market. The growth in food & beverages and oil refineries are believed to open a gateway of opportunities for the companies entering into the business of dimethyl disulphide
In the regional market, North America is projected to dominate the overall dimethyl disulphide (DMDS) market during the forecast period. Factor such as strong demand of food additives and cracking agent is expected to positively impact the growth of dimethyl disulphide (DMDS) market over the forecast period. Moreover, some of the giant companies are gradually increasing their investment in petroleum and food & beverages industries
Further, in Asia Pacific production of pesticide & food additives has grown progressively over the past few years. Rising demand of the soil fumigants in the region is also anticipated to garner the growth of dimethyl disulphide (DMDS) market. Europe market is expected to contribute significantly towards the growth of the dimethyl disulphide (DMDS) market. The market is mainly expanding on the back of the growth and expansion of petroleum and food & beverages industries in the region.
The dimethyl disulphide (DMDS) market has been segmented by application such as food beverages, oil refining, rubber industry, dyes industry, pesticide industry, and others out of which oil refining, and food beverages is anticipated to account for the largest market share in overall Dimethyl Disulphide (DMDS) Market over the forecast period.
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Growth Drivers & Challenges
Increasing demand of the highly rich sulfur compound in oil refineries and agriculture is the major factor responsible for the growth of dimethyl disulphide market across the globe. Moreover, several big companies paying more focus in the dimethyl disulphide market is anticipated to drive the growth of dimethyl disulphide production in the upcoming years. These market activities are opening a gateway of opportunities for the growth of the dimethyl disulphide market.
Apart from this, dimethyl disulphide find their use in several applications such as food & beverages, oil refining, rubber industry, dyes industry, pesticide industry, others these factors are expected to positively impact the growth of dimethyl disulphide market during the forecast period.
As population is increasing worldwide the demand of the food product is also rising which is predicted to trigger the growth of dimethyl disulphide market during the forecast period.
In contrast, high flammability nature of the dimethyl disulphide is anticipated to negatively impact the growth of the dimethyl disulphide market during the forecast period.
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The post Dimethyl Disulphide (DMDS) Market- Competitive Scenario, Strategic Management, Massive Growth, and Developments in the Market appeared first on America News Hour.
