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Dimethyl Carbonate (DMC) Market Size was valued at USD 1.10 Billion in 2022. The Dimethyl Carbonate (DMC) market industry is predicted to increase from USD 1.30 Billion in 2023 to USD 1.16 Billion by 2030, exhibiting a compound yearly growth rate (CAGR) of 8.00% during the forecast period (2023 - 2030). Dimethyl carbonate is more popularly suitable in various fields as it is less harmful in its origin and has a distinctive molecular structure. It is high in demand for the creation of anti-infective, analgesics, and antipyretic medications as it is employed as a methylating agent the primary market driver increasing market growth.
Dimethyl carbonate is an all-round chemical that demonstrates beneficial features for instance strong solvency and low toxicity. In terms of physical appearance, it is an inflammable, scentless compound with a pale look. It has significant reactivity with other compounds. Earlier, dimethyl carbonate was generated by the reaction of methanol with phosgene but due to extreme toxicity of phosgene, the chemical is currently synthesized using various processes for instance transesterification or the copper catalyzed. Dimethyl carbonate has different applications in end-use industries. Dimethyl carbonate is frequently utilized as a solvent in the paints and coatings industry because of its excellent chemical properties.
Characteristics of dimethyl carbonate for instance non-toxicity, biodegradability and high solvency make it as one of the perfect organic chemicals to be used in many end-use industries. Hence, it is increasingly taking the place xylene, benzene, ethyl, acetone and other chemicals as a solvent which is reasoned as one of the important component for the development of the dimethyl carbonate market. Also, its utilization in the paints and coatings industry is projected to enhance the expansion of the dimethyl carbonate market due of the current boom in the construction industry. However, the demand for dimethyl carbonate is on a global rise; the makers are confronting some problems that are likely to hamper the anticipated expansion. Permitting rules for the makers of dimethyl carbonate are severe owing to which manufacturers encounter challenging time receiving the license, which may negatively effect the expansion in the long term. Also, challenges in implementation of the advanced technology to make ideal process environment is also projected to restraint the growth of the dimethyl carbonate market over the forecast year.
Polycarbonate is widely used in engineering thermoplastics across industries such as electrical & electronics, automotive, building & construction, consumer products, and medical and its demand is increasing due to its properties such as transparency, strength, thermal stability, chemical & heat resistance, and dimensional stability. Polycarbonate material is largely used in the building and automotive sectors. Growth of these sectors has enhanced the need of manufacture of the plastic polymers. The manufacturing of the plastic polymer is expanding in nations such as Germany, Japan, Thailand, and South Africa due to increasing technology, government backing, and demand from packaging, electronics, and medical industries.
Traditional production technique of DMC is an includes the use of poisonous gases such as phosgene and carbon monoxide while producing harmful byproducts. Phosgene is an extremely poisonous substance which may lead to significant health consequences. Any process design involving phosgene will incur significant costs to ensure a safe environment even the disposal of its byproducts has severe impact on environment. Various industries throughout the globe employ the methanol phosgenation technique for dimethyl carbonate production. This, in turn, acts as a restraint for the growth of the dimethyl carbonate market.
Dimethyl carbonate (DMC) is an organic molecule that is frequently used as a solvent, reagent, and intermediary in the chemical industry. It is also utilized in the synthesis of different chemicals, including polycarbonate, a thermoplastic polymer that is extensively used in the fabrication of automotive components, electronic and electrical equipment, and construction materials. The demand for DMC is indeed directly tied to the demand for polycarbonate. As the manufacture of polycarbonate increases, the demand for DMC as a raw material also increases. This is because DMC is one of the primary raw ingredients utilized in the synthesis of polycarbonate.
Additionally, DMC is regarded a cleaner and more environmentally friendly alternative to existing solvents and reagents, which further raises its demand in the chemical sector. Its features like as low toxicity, low flammability, and low volatility have made it an intriguing alternative to traditional solvents, such as methylene chloride and chloroform, which are more damaging to human health and the environment. The DMC market is likely to increase at a high rate in the future years, driven by the increasing demand for polycarbonate and other chemicals, as well as the growing awareness of the benefits of employing DMC as a safer and more sustainable alternative to existing solvents and reagents. Therefore, such variables linked to Dimethyl Carbonate (DMC) have boosted the Dimethyl Carbonate (DMC) market CAGR across the world in recent years.
Report Coverage
Global Dimethyl Carbonate DMC research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Dimethyl Carbonate DMC report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Dimethyl Carbonate DMC competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Dimethyl Carbonate DMC market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Dimethyl Carbonate DMC market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Dimethyl Carbonate DMC market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Panax Etec, Arrow Chemical Group Corp., Ube Industries Ltd. (Japan), Merck KGaA (Germany), Alfa Aesar (UK), Lotte Chemical (South Korea), Kowa Company Ltd. (Japan), Kishida Chemical Co. Ltd. (Japan), Tokyo Chemical Industry Co., Ltd. (Japan), Shandong Shida Shenghua Chemical Group Co., Ltd. (China), Guangzhou Tinci Materials Technology Co., Ltd. (China), Haike Chemical Group (China), Dongying Hi-tech Spring Chemical Industry Co., Ltd. (China), Hebei New Chaoyang Chemical Stock Co., Ltd. (China), Shandong Depu Chemical Industry Science and Technology Co., Ltd. (China), Connect Chemicals (Germany), and Qingdao Aspirit Chemical Co., Ltd. (China)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Dimethyl Carbonate DMC market based on the below-mentioned segments:
Global Dimethyl Carbonate DMC Market, By Grade
Industrial Grade
Pharmaceutical Grade
Battery Grade
Others
Global Dimethyl Carbonate DMC market, By Application
Polycarbonate & Fuel Additive
Solvent & Lithium Battery
Pharmaceuticals & Pesticides
Others
Global Dimethyl Carbonate DMC market, Regional Analysis
Dimethyl carbonate is an all-round chemical that demonstrates beneficial features for instance strong solvency and low toxicity. In terms of physical appearance, it is an inflammable, scentless compound with a pale look. It has significant reactivity with other compounds. Earlier, dimethyl carbonate was generated by the reaction of methanol with phosgene but due to extreme toxicity of phosgene, the chemical is currently synthesized using various processes for instance transesterification or the copper catalyzed. Dimethyl carbonate has different applications in end-use industries. Dimethyl carbonate is frequently utilized as a solvent in the paints and coatings industry because of its excellent chemical properties.
Characteristics of dimethyl carbonate for instance non-toxicity, biodegradability and high solvency make it as one of the perfect organic chemicals to be used in many end-use industries. Hence, it is increasingly taking the place xylene, benzene, ethyl, acetone and other chemicals as a solvent which is reasoned as one of the important component for the development of the dimethyl carbonate market. Also, its utilization in the paints and coatings industry is projected to enhance the expansion of the dimethyl carbonate market due of the current boom in the construction industry. However, the demand for dimethyl carbonate is on a global rise; the makers are confronting some problems that are likely to hamper the anticipated expansion. Permitting rules for the makers of dimethyl carbonate are severe owing to which manufacturers encounter challenging time receiving the license, which may negatively effect the expansion in the long term. Also, challenges in implementation of the advanced technology to make ideal process environment is also projected to restraint the growth of the dimethyl carbonate market over the forecast year.
Polycarbonate is widely used in engineering thermoplastics across industries such as electrical & electronics, automotive, building & construction, consumer products, and medical and its demand is increasing due to its properties such as transparency, strength, thermal stability, chemical & heat resistance, and dimensional stability. Polycarbonate material is largely used in the building and automotive sectors. Growth of these sectors has enhanced the need of manufacture of the plastic polymers. The manufacturing of the plastic polymer is expanding in nations such as Germany, Japan, Thailand, and South Africa due to increasing technology, government backing, and demand from packaging, electronics, and medical industries.
Traditional production technique of DMC is an includes the use of poisonous gases such as phosgene and carbon monoxide while producing harmful byproducts. Phosgene is an extremely poisonous substance which may lead to significant health consequences. Any process design involving phosgene will incur significant costs to ensure a safe environment even the disposal of its byproducts has severe impact on environment. Various industries throughout the globe employ the methanol phosgenation technique for dimethyl carbonate production. This, in turn, acts as a restraint for the growth of the dimethyl carbonate market.
Dimethyl carbonate (DMC) is an organic molecule that is frequently used as a solvent, reagent, and intermediary in the chemical industry. It is also utilized in the synthesis of different chemicals, including polycarbonate, a thermoplastic polymer that is extensively used in the fabrication of automotive components, electronic and electrical equipment, and construction materials. The demand for DMC is indeed directly tied to the demand for polycarbonate. As the manufacture of polycarbonate increases, the demand for DMC as a raw material also increases. This is because DMC is one of the primary raw ingredients utilized in the synthesis of polycarbonate.
Additionally, DMC is regarded a cleaner and more environmentally friendly alternative to existing solvents and reagents, which further raises its demand in the chemical sector. Its features like as low toxicity, low flammability, and low volatility have made it an intriguing alternative to traditional solvents, such as methylene chloride and chloroform, which are more damaging to human health and the environment. The DMC market is likely to increase at a high rate in the future years, driven by the increasing demand for polycarbonate and other chemicals, as well as the growing awareness of the benefits of employing DMC as a safer and more sustainable alternative to existing solvents and reagents. Therefore, such variables linked to Dimethyl Carbonate (DMC) have boosted the Dimethyl Carbonate (DMC) market CAGR across the world in recent years.
Report Coverage
Global Dimethyl Carbonate DMC research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Dimethyl Carbonate DMC report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Dimethyl Carbonate DMC competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Dimethyl Carbonate DMC market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Panax Etec, Arrow Chemical Group Corp., Ube Industries Ltd. (Japan), Merck KGaA (Germany), Alfa Aesar (UK), Lotte Chemical (South Korea), Kowa Company Ltd. (Japan), Kishida Chemical Co. Ltd. (Japan), Tokyo Chemical Industry Co., Ltd. (Japan), Shandong Shida Shenghua Chemical Group Co., Ltd. (China), Guangzhou Tinci Materials Technology Co., Ltd. (China), Haike Chemical Group (China), Dongying Hi-tech Spring Chemical Industry Co., Ltd. (China), Hebei New Chaoyang Chemical Stock Co., Ltd. (China), Shandong Depu Chemical Industry Science and Technology Co., Ltd. (China), Connect Chemicals (Germany), and Qingdao Aspirit Chemical Co., Ltd. (China) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Dimethyl Carbonate DMC Market from 2021 to 2030.
- Market Forecast for Dimethyl Carbonate DMC Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Dimethyl Carbonate DMC competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Dimethyl Carbonate DMC
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Dimethyl Carbonate DMC market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Dimethyl Carbonate DMC market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Panax Etec, Arrow Chemical Group Corp., Ube Industries Ltd. (Japan), Merck KGaA (Germany), Alfa Aesar (UK), Lotte Chemical (South Korea), Kowa Company Ltd. (Japan), Kishida Chemical Co. Ltd. (Japan), Tokyo Chemical Industry Co., Ltd. (Japan), Shandong Shida Shenghua Chemical Group Co., Ltd. (China), Guangzhou Tinci Materials Technology Co., Ltd. (China), Haike Chemical Group (China), Dongying Hi-tech Spring Chemical Industry Co., Ltd. (China), Hebei New Chaoyang Chemical Stock Co., Ltd. (China), Shandong Depu Chemical Industry Science and Technology Co., Ltd. (China), Connect Chemicals (Germany), and Qingdao Aspirit Chemical Co., Ltd. (China)
Primary Target Market
- Market Players of Dimethyl Carbonate DMC
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Dimethyl Carbonate DMC market based on the below-mentioned segments:
Global Dimethyl Carbonate DMC Market, By Grade
Industrial Grade
Pharmaceutical Grade
Battery Grade
Others
Global Dimethyl Carbonate DMC market, By Application
Polycarbonate & Fuel Additive
Solvent & Lithium Battery
Pharmaceuticals & Pesticides
Others
Global Dimethyl Carbonate DMC market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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