Dimethyl Isosorbide (DMI) Market was valued at USD 0.50 Billion in 2022 and is projected to reach USD 1.00 Billion by 2030, growing at a CAGR of 9.0% from 2024 to 2030.
The Dimethyl Isosorbide (DMI) market has witnessed considerable growth from 2018 to 2022, driven by an increase in demand across several industries, including pharmaceuticals, personal care, and chemicals. DMI, primarily used as a solvent and penetration enhancer in the production of formulations, has seen growing adoption due to its beneficial properties like high solubility, low toxicity, and ability to improve the stability of certain chemical formulations. The global market for DMI has been largely shaped by demand from regions like North America, Europe, and Asia-Pacific, each contributing to the rise in market value.
From 2018 to 2022, the DMI market experienced a compound annual growth rate (CAGR) of about 6%, reflecting increased demand for personal care products and pharmaceutical applications. The growing awareness of skincare and cosmetic formulations, particularly those involving effective hydration and delivery of active ingredients, has significantly impacted market dynamics. Moreover, advancements in drug delivery systems have propelled the demand for DMI in pharmaceutical formulations. As a result, the market was valued at approximately USD 180 million by the end of 2022.
Looking ahead to the period from 2023 to 2033, demand for Dimethyl Isosorbide (DMI) is expected to continue its upward trajectory, with an estimated CAGR of 7-8%. The pharmaceutical industry, in particular, is poised to see significant demand for DMI-based solutions due to the growing need for more effective and efficient drug delivery systems. Increasing advancements in nanomedicine and injectable formulations will likely drive growth in this segment. Additionally, the rise in personal care product innovations, such as enhanced skin penetration and longer-lasting effects, will further elevate demand for DMI in the next decade.
The automotive and chemical industries are also expected to contribute to the demand for DMI during the forecast period. As the demand for sustainable and green solvents grows, DMI's role in formulating eco-friendly and safe chemical products will become even more pivotal. This will support the steady expansion of the Dimethyl Isosorbide (DMI) market. Key manufacturers are expected to focus on product innovations and sustainable manufacturing processes to cater to the increasing demand from both emerging and developed economies.
Get an In-Depth Research Analysis of the Global Dimethyl Isosorbide (DMI) Market Size And Forecast [2025-2032]
Croda
Grant Industries
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Dimethyl Isosorbide (DMI) Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Dimethyl Isosorbide (DMI) Market
Skin Care Product
Hair Care Product
Other
Based on Types the Market is categorized into Below types that held the largest Dimethyl Isosorbide (DMI) market share In 2023.
98% Purity
99% Purity
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Dimethyl Isosorbide (DMI) Market Research Analysis
1. Introduction of the Global Dimethyl Isosorbide (DMI) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Dimethyl Isosorbide (DMI) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Dimethyl Isosorbide (DMI) Market, By Type
6. Global Dimethyl Isosorbide (DMI) Market, By Application
7. Global Dimethyl Isosorbide (DMI) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Dimethyl Isosorbide (DMI) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/