Global 2, 2-Dimethoxypropane Market is expected to grow at a significant
CAGR in the upcoming years as the scope and its applications are rising
enormously across the globe. 2, 2-Dimethoxypropane is an organic compound and
an alkylating reagent, which is also termed as DMP and usually used as a
precursor to produce 2-methoxypropene (MPP).
The molecular formula is (CH3)2C(OCH3)2 and the chemical
formula is C5H12O2. A pure colorless liquid is highly flammable and
incompatible with strong oxidizing agents. It is soluble in methanol, benzene,
n-butane, carbon tetrachloride, ethyl ether, and moderately soluble in water.
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It reacts with water to produce acetone and methanol and used
as a water scavenger in water-sensitive reactions. For the dehydration of biological
samples, DMP is known to be more efficient than ethanol. It also serves as an
intermediate in the synthesis of vitamin A, Vitamin E, and numerous carotenoids
like an astaxanthin. Moreover, it is exclusively used as a reagent for the
preparation of enol ethers, 1,2-diols, methyl esters of amino acids,
acetonides, nucleosides, isopropylidene derivatives of sugar, and nucleosides.
2, 2-Dimethoxypropane Market is segmented based on product
types, end users, applications, and region. Product types such as Purity:
>99.5%, Purity: 99.0-99.5%, and Purity: <99.0% classify 2,
2-Dimethoxypropane Industry. End Users such as Perfume Industry, Pharmaceutical
Industry, Pesticide Industry, and others classify 2, 2-Dimethoxypropane Market.
Applications into Tissue Dehydration Agent, Starting Material, and others
classify the market.
2, 2-Dimethoxypropane Market is segmented geographically into
Americas (North America, South America), Europe (Eastern Europe, Western
Europe), Asia Pacific, Latin America, Middle East and Africa. The key players
of 2, 2-Dimethoxypropane Industry are Hangzhou Ruiqi Chemical, Ningbo Huana
Chemical, BASF, and Jiangsu Dingye Pharmaceutical. These players are
concentrating on inorganic growth to sustain themselves amongst fierce
competition. As such, mergers, acquisitions, and joint ventures are the need of
the hour.
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