The industrial grade dimethyl sulfoxide market involves the production and use of the compound in the chemical and agricultural industries. It is used as a solvent in polymer and lumber processing, as well as, for paper manufacturing. The relatively inert nature of the compound lends itself well to the safe removal of organic materials from equipment lines and manufacturing equipment. It also has applications in paint stripping, serving as a non-toxic alternative to other solvents.
Environmental regulations around the production and storage of the compound drive up production costs, limiting growth in the sector. Improper use can result in adverse reactions towards dimethyl sulfoxide in humans. Despite these limitations, the compound is seeing innovative applications in the renewable energy sector, especially with battery technology. Growing funding for environmentally sustainable chemical production is a huge opportunity for growth in the industrial grade dimethyl sulfoxide market.
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