The tris (2,2,6,6 tetramethyl 3,5 heptanedionato) dysprosium market is an integral segment of the specialty chemicals industry. This industry deals in the manufacturing and distribution of dysprosium(iii) acetylacetonate hydrate across the world. These organometallic compounds are indicated by a molecular formula of C33H60DyO and a CAS number of 15522-69-7. It is generally available in the market based on several purity grades consisting of 99% purity and 99.9% purity. The growing use of these compounds in scientific research applications has boosted the market growth. This market is expected to rise significantly with the growth in the chemicals and materials industry around the globe.
The growing use of tris(2,2,6,6-tetramethyl-3,5-heptanedionato) dysprosium as a precursor in the atomic layer deposition (ALD) and chemical vapor deposition (CVD) processes has boosted the market growth. Also, the rising application of these compounds in the production of semiconductor devices, magnetic devices, and electronic gadgets is crucial for market expansion. Moreover, the increasing demand for these compounds in several sectors, such as industrial chemistry and pharmaceuticals, is expected to drive the growth of the tris (2,2,6,6 tetramethyl 3,5 heptanedionato) dysprosium market. The increasing emphasis on developing sustainable organometallic catalysts is expected to create ample opportunities for market players in the future.