Growing Demand from China Drives Global Dimethyl Sulfoxide Demand to...

Growing Demand from China Drives Global Dimethyl Sulfoxide Demand to 40 Thousand Tons by 2012, According to New Report By Global Industry Analysts, Inc.

Dimethyl sulfoxide (DMSO), obtained as a by-product in paper manufacturing was synthesized for the first time in 1866 and is generally used in pharmaceutical synthesis. DMSO has the ability to penetrate living tissues with not causing any harmful effects. Global market for dimethyl sulfoxide is likely to reach approximately 40 thousand tons in 2012.

San Jose, CA April 10 2008 -- Observed by Dr. Stanley Jacob in 1961, dimethyl sulfoxide is capable of quickly and deeply penetrating tissues including intact skin, causing no damage and also ferrying various drugs such as steroids, morphine sulfate, cortisone and penicillin. DMSO is found in onions, tomatoes, oil, beets, barley, cabbage, malt, raspberries, Swiss chard, cucumber, beer, milk, tea and coffee. In 1970, when FDA approved DMSO for musculoskeletal disorders in horses and dogs, it was considered a very valuable therapeutic substance by most of the veterinarians. A few years later, in 1978 FDA approved DMSO in humans in 50:50 proportion mixed with water for the treatment of interstitial cystitis. In more than 120 countries across the world including Japan, Canada, UK and Germany, doctors prescribe DMSO for various ailments including pain, interstitial cystitis, inflammation, arthritis elevated intercranial pressure and scleroderma. Increasing demand from China has been the major factor driving the dimethyl sulfoxide market (http://www.strategyr.com/Dimethyl_Sulfoxide_DMSO_Market_Report.asp). Demand for DMSO in China is expected to grow at a compounded annual rate of 7.8% over the period 2001-2010, as stated in a recent report published by Global Industry Analysts, Inc. Pharmaceutical industry represents the major end use market for DMSO (http://www.strategyr.com/Dimethyl_Sulfoxide_DMSO_Market_Report.asp), accounting for a share of nearly 59% of global consumption.

Major players in the marketplace include Arkema, Gaylord Chemical Corporation and Panjin Far East Chemicals.

"Dimethyl Sulfoxide: A Global Strategic Business Report", published by Global Industry Analysts, Inc., provides product profile, application areas, recent developments, profiles of major players and other strategic industry activities. Analysis is presented for major geographic markets such as US, Canada, Japan, Europe, China and rest of world. Analytics for the period 2001 through 2015 are provided in terms of end use segments including pharmaceuticals.

For more details about this research report, please visit http://www.strategyr.com/Dimethyl_Sulfoxide_DMSO_Market_Report.asp.

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) (http://www.strategyR.com/) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.

Telephone 408-528-9966

Fax 408-528-9977

Email press @ StrategyR.com

Web Site http://www.StrategyR.com/

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