Dimethyl sulfoxide is widely used and the market size is growing

Dimethyl sulfoxide (DMSO) is a sulfur-containing organic compound with the molecular formula C2H6OS. It is a colorless and odorless transparent liquid at room temperature. It has the characteristics of high polarity, high boiling point, and good thermal stability. It can be mixed with water, Ethanol, acetaldehyde, ethyl acetate, dibutyl phthalate and other aliphatic hydrocarbon compounds are freely soluble in each other and insoluble in aliphatic hydrocarbon compounds other than acetylene, and are known as “universal solvents”.

The upstream of the dimethyl sulfoxide industry chain is the supply of raw materials such as methanol, hydrogen peroxide, dimethyl sulfide, sodium nitrite, etc.; the midstream is the production and production of products; the downstream is widely used in medicine, printing and dyeing, pesticides, bioscience, electronics industry, Polymer materials and other fields.

In the field of medicine, dimethyl sulfoxide has solubility and permeability to many drugs, which can increase drug absorption and improve drug efficacy. It can also be used as a reaction solvent for the production of fluorine-containing drugs such as fluorochloride and ofloxacin; In the electronics industry, dimethyl sulfoxide can be used for cleaning electronic components and integrated circuits. In addition, dimethyl sulfoxide can also be used as antifreeze, co-solvent, synergist, etc. in coatings, pesticides and other fields.

According to the “China Dimethyl Sulfoxide (DMSO) Market Analysis and Development Prospects Research Report 2023-2027” released by the Industrial Research CenterIt shows that with the continuous improvement of my country’s economic development level, the continuous enhancement of national health awareness, the deepening of social aging, the continuous improvement of the medical and health service system, the continuous growth of pharmaceutical market demand, the continuous expansion of superimposed industrial production scale, and the dye and electronic industries. With the continuous development of other industries, the market size of dimethyl sulfoxide continues to grow, and the industry development trend is good. In 2022, my country’s dimethyl sulfoxide market size will be approximately 2.1 billion yuan.

my country’s dimethyl sulfoxide industry started early, with relatively mature production technology and a relatively complete industrial chain system. Its products not only meet the needs of the domestic market, but are also exported to foreign markets. Driven by domestic and foreign market demand, my country’s dimethyl sulfoxide production has continued to grow in recent years. In 2022, my country’s dimethyl sulfoxide production will be approximately 75,000 tons, and the demand will be approximately 50,000 tons.

At present, the main manufacturers of dimethyl sulfoxide in my country include Hubei Xingfa Chemical Group Co., Ltd., Cangzhou Dongli Fine Chemical Co., Ltd., Shanxi Yangmei Fengxi Fertilizer Industry (Group) Co., Ltd., and Xinjiang Guanghui Luyou Sulfur Chemical Co., Ltd. Company etc. Among them, Hubei Xingfa Chemical Group Co., Ltd.’s dimethyl sulfoxide production capacity accounts for nearly 65%, ranking first.

Industry analysts said that with the continuous improvement of social environmental awareness and the continuous advancement of green and sustainable development, dimethyl sulfoxide has become a An environmentally friendly, low-residue solvent, the market demand will continue to grow. In the context of the continuous development of high-tech industries and the continuous expansion of the market scale of emerging industries such as new energy and electronic information, the application scope of dimethyl sulfoxide will continue to expand, and the market’s requirements for its quality, performance, etc. will continue to increase. The industry has Larger development space.