Growing Demand from China Drives Global Dimethyl Sulfoxide Demand to 40 Thousand Tons by 2012, According to New Report By Global Industry Analysts, In
San Jose, CA (PRWEB) 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/
###
Related Articles:
EfficientCEO.com, Efficient Technology Inc's Blog Launched
Efficient Technology Inc's president, Richard Walker, launches blog at www.EfficientCEO.com.
Belisi Announces Launch of Fashion Blog for Women
Belisi Fashions announces launch of The Divas Dreams blog for independent and talented women who take pride in having the best of everything.
A Blog Will Help Your Online Business
Have you been thinking about creating a blog for an online business Blogging has become a popular communication tool on the internet because it is a great way to express yourself AND promote a home business
Host A Blog Contest - Get Traffic
Contests are nothing new in the online world. People have been using contests to get free web traffic for years. However, there is a slightly new twist since the blog revolution that has made running a contest much more effective and fun for bloggers. The concept is the same, but it allows for more interaction. Here's how it works.
Rain Shadow Gardens Gives Customers a Forum to Talk with a New Blog
www.RainShadowGardens.com has launched a garden-related blog to help their customers with additional product information, gardening discussion, and other opportunities to talk about their hobby.
NAI Capital Pacific Rim Division to Secure Investors for China's Nanpu Economic Development Area
Broker with leading Southern California commercial real estate firm is selected to represent Chinese City of Nanpu to bring developers, investors, retailers and industrial businesses to the region.
Behind The Success of The China Wholesale Empire
The success of the wholesale industry in China remains one of the biggest mysteries in the commercial realm. A lot of people patronize products that came from the universal factory because of its relatively cheaper prices. However, it is also universally known that the qualities of the China-made products are very much lower than that of the brand-manufactured products. Yet, people are still opting for the cheaper alternative. But is it because of the price factor alone? What ensures such a success, anyway?
Intertek Announces Expansion of Solar/Photovoltaic Testing Capabilities In North America and China
Intertek Expands PV Module and Inverter Testing Lab Capacity to help Manufacturers Reduce Time-To-Market.
Author Tim Fleming Offers a Free Download of a New Version of the Bible for the Gay Community
The free Bible download contains all the text of the King James Version, as well as a new book entitled God's New Law, which describes a prophecy from the year 2000 that forgives homosexuality and fornication. This new book is meant to inaugurate the rebirth of mankind and the acceptance of gay marriage in God's kingdom.
Yoyoor Launches Smart Phone Rental Service with Live Personal Assistance for English Speaking Travelers in China
Yoyoor helps travelers stay connected and explore China with confidence.