Dimethyl Carbonate Market: By Application, By End Use, and Geography      

Dimethyl Carbonate (DMC) Market Size, Share, Growth, Trends, and Global Industry Analysis: By Application (Polycarbonate, Fuel Additive, Solvent, Lithium Battery, Pharmaceuticals Pesticides, and others), By End Use (Plastic, Paints & Coatings, Medical, Electronics, Agrochemicals, and Others), and Region      

Dimethyl Carbonate (DMC) Market size was valued at US$ 5,286.9 million in 2023 and is poised to grow at a significant CAGR of 7.9% during the forecast period 2024-2030. Dimethyl carbonate is a multifunctional chemical with desirable properties such as high solubility and low toxicity. Dimethyl carbonate is used as a solvent in the electrolyte of lithium-ion batteries. It is a colorless, flammable liquid classed as a carbonate ester. For good lithium-ion battery electrochemical performance, a high-quality battery-grade solvent with a very low water content (less than 50 ppm) is required. As a result of the rising demand for hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs), the dimethyl carbonate industry is predicted to expand.

Moreover, the growing need for polycarbonates in the automotive and electronics industries is likely to propel the Dimethyl Carbonate (DMC) market forward. The manufacture of the plastic polymers utilized in this sector is boosted by rising consumer income and spending on gadgets and autos. Dimethyl carbonate is utilized in a variety of sectors and has a wide range of uses. Because of the volume and range of uses, dimethyl carbonate is in high demand. Applications can be used as a substitute for fuel and cleaning agents by increasing the dimethyl carbonate components.

Manufacturers in the dimethyl carbonate market are capitalizing on new opportunities by expanding the use of dimethyl carbonate as a solvent in polymer, flavoring, and insecticide production. In order to compete in the dimethyl carbonate market, companies are spending in R&D to produce new product grades. Besides from that, businesses are boosting production capacity at existing factories and establishing new markets in previously undiscovered areas. Furthermore, market players are researching new and improved manufacturing technologies for dimethyl carbonate production using carbon dioxide and methane.

Dimethyl Carbonate Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.9%

Largest Market

Asia pacific

Fastest Growing Market

Europe

Dimethyl Carbonate Market Dynamics

Increasing applications of DMS, such as polycarbonate, are utilized in various industries, including electronics, automotive, building & construction, consumer goods, and medical. Because dimethyl carbonate is an environmentally friendly solvent that aids in manufacturing products that are fast biodegradable and non-toxic. In addition, the high growth of the electronic industry has resulted in increased demand for power devices. DMC is the main component for the manufacturing of Li-ion batteries, which drives the DMC market. However, obstacles in implementing advanced technology to create a desirable process environment are expected to restrain the growth of the dimethyl carbonate market.

Dimethyl Carbonate Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 5,286.9 million

Market CAGR

7.9%

By Application

  • Polycarbonate
  • Fuel Additive
  • Solvent
  • Lithium Battery
  • Pharmaceuticals Pesticides
  • Others

By End User

  • Plastic
  • Paints & Coatings
  • Medical
  • Electronics
  • Agrochemicals
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The dimethyl carbonate market is projected to expand at a CAGR of  7.9% during the forecast period

UBE INDUSTRIES, LTD., Dongying City Lonxing Chemical Co., Ltd, Shadong Shida Shenghua Chemical Group Co., Ltd., TOKYO CHEMICAL INDUSTRY CO., LTD., Millipore Sigma, HaiKe Chemical Group, Arrow Chemical Group Corp., Alfa Aesar (Thermo Fisher Scientific), Shrieve

Asia-Pacific is the fastest-growing region for dimethyl carbonate market

Author image

Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1.Executive Summary
2.Global Dimethyl Carbonate Market Introduction 
2.1.Global Dimethyl Carbonate Market  - Taxonomy
2.2.Global Dimethyl Carbonate Market  - Definitions
2.2.1. Application
2.2.2.End User
2.2.3.Geography
2.2.4.Region
3.Global Dimethyl Carbonate Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Dimethyl Carbonate Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Dimethyl Carbonate Market  By  Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Polycarbonate
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Fuel Additive
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Solvent
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Lithium Battery
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Pharmaceuticals Pesticides
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Others
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
6.Global Dimethyl Carbonate Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Plastic
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Paints & Coatings
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Medical
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Electronics
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Agrochemicals
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7.Global Dimethyl Carbonate Market  By Geography, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Latin America
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. MEA
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.Global Dimethyl Carbonate Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Dimethyl Carbonate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Polycarbonate
9.1.2.Fuel Additive
9.1.3.Solvent
9.1.4.Lithium Battery
9.1.5.Pharmaceuticals Pesticides
9.1.6.Others
9.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Plastic
9.2.2.Paints & Coatings
9.2.3.Medical
9.2.4.Electronics
9.2.5.Agrochemicals
9.2.6.Others
9.3.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.North America
9.3.2.Europe
9.3.3.Asia Pacific
9.3.4.Latin America
9.3.5.MEA
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Dimethyl Carbonate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1.  Application Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Polycarbonate
10.1.2.Fuel Additive
10.1.3.Solvent
10.1.4.Lithium Battery
10.1.5.Pharmaceuticals Pesticides
10.1.6.Others
10.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Plastic
10.2.2.Paints & Coatings
10.2.3.Medical
10.2.4.Electronics
10.2.5.Agrochemicals
10.2.6.Others
10.3.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.North America
10.3.2.Europe
10.3.3.Asia Pacific
10.3.4.Latin America
10.3.5.MEA
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Dimethyl Carbonate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1.  Application Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Polycarbonate
11.1.2.Fuel Additive
11.1.3.Solvent
11.1.4.Lithium Battery
11.1.5.Pharmaceuticals Pesticides
11.1.6.Others
11.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Plastic
11.2.2.Paints & Coatings
11.2.3.Medical
11.2.4.Electronics
11.2.5.Agrochemicals
11.2.6.Others
11.3.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.North America
11.3.2.Europe
11.3.3.Asia Pacific
11.3.4.Latin America
11.3.5.MEA
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Dimethyl Carbonate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1.  Application Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Polycarbonate
12.1.2.Fuel Additive
12.1.3.Solvent
12.1.4.Lithium Battery
12.1.5.Pharmaceuticals Pesticides
12.1.6.Others
12.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Plastic
12.2.2.Paints & Coatings
12.2.3.Medical
12.2.4.Electronics
12.2.5.Agrochemicals
12.2.6.Others
12.3.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.North America
12.3.2.Europe
12.3.3.Asia Pacific
12.3.4.Latin America
12.3.5.MEA
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Dimethyl Carbonate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1.  Application Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Polycarbonate
13.1.2.Fuel Additive
13.1.3.Solvent
13.1.4.Lithium Battery
13.1.5.Pharmaceuticals Pesticides
13.1.6.Others
13.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Plastic
13.2.2.Paints & Coatings
13.2.3.Medical
13.2.4.Electronics
13.2.5.Agrochemicals
13.2.6.Others
13.3.  Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.North America
13.3.2.Europe
13.3.3.Asia Pacific
13.3.4.Latin America
13.3.5.MEA
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Sabic
14.2.2.LOTTE
14.2.3.Mitsubishi Chemical
14.2.4.UBE
14.2.5.Shida Shenghua
14.2.6.Tongling Jintai Chemical
14.2.7.Shandong Wells Chemicals
14.2.8.Hi-tech Spring
14.2.9.Shandong Depu Chemical
14.2.10.CNSG Anhui Redsifang
14.2.11.Liaoning Oxiranchem
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Sabic
  • LOTTE
  • Mitsubishi Chemical
  • UBE
  • Shida Shenghua
  • Tongling Jintai Chemical
  • Shandong Wells Chemicals
  • Hi-tech Spring
  • Shandong Depu Chemical
  • CNSG Anhui Redsifang
  • Liaoning Oxiranchem

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