Dimethyl Carbonate (DMC) Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Dimethyl Carbonate (DMC) Market: Application (Polycarbonate, Fuel Additive, Solvent, Lithium Battery, Pharmaceuticals Pesticides, and others), By End Use (Plastic, Paints & Coatings, Medical, Electronics, Agrochemicals, and Others), and By Geography

 

 

 

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Report

Description

Dimethyl Carbonate (DMC) Market size was estimated to be valued at USD 4,195.3 million in 2021 and is poised to grow at a significant CAGR of 7.9% over 2022–2028. 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

MARKET SUMMARY
-
7.9% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 7.9%
  • Largest Market– Asia pacific
  • Fastest Growing Market– Europe

Dimethyl Carbonate Market

  • The dimethyl carbonate market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The dimethyl carbonate market is segmented based on application, end-user and geography.
Key Players
  • UBE INDUSTRIES, LTD.
  • Dongying City Lonxing Chemical Co., Ltd
  • Shadong Shida Shenghua Chemical Group Co., Ltd.
  • TOKYO CHEMICAL INDUSTRY CO., LTD.
  • Millipore Sigma
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.


North-America Got Significant Share

Dimethyl Carbonate Market

The DMC market in North America is likely to hold a significant revenue share of 23.5% in 2021, and in the following years, it is predicted to increase rapidly. Government initiatives to upgrade public infrastructure have fueled the market’s growth in the North American region. The Asia Pacific, mainly led by China, India, and Indonesia, dominated the global dimethyl carbonate market share in recent years. Additionally, the region is expected to have the most significant gains due to strong growth in the electronics, automotive, and paints and coatings industries due to rising consumer disposable income.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The Dimethyl Carbonate Market provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The Dimethyl carbonate market covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The Dimethyl carbonate market outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The Dimethyl carbonate market tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The Dimethyl carbonate market provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Dimethyl Carbonate Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The dimethyl carbonate market is projected to expand at a CAGR of  7.4% 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


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Dimethyl Carbonate Market Introduction
    • Global Dimethyl Carbonate Market – Taxonomy
    • Global Dimethyl Carbonate Market –Definitions
      • By Application
  1. Global Dimethyl Carbonate Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Dimethyl Carbonate Market Dynamic Factors – Impact Analysis
    • Global Dimethyl Carbonate Market – Competition Landscape
  2. Global Dimethyl Carbonate Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024
    • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Dimethyl Carbonate Market, By Application, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
    • Solvent
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Additive
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polycarbonate
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Electrolyte
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Dimethyl Carbonate Market Forecast, By Region, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Dimethyl Carbonate Market – Opportunity Analysis Index, By Application, and Region, 2019 – 2024
  2. North America Dimethyl Carbonate Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
    • Application Analysis 2013 – 2018 and Forecast 2019 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Solvent
      • Additive
      • Polycarbonate
      • Electrolyte
      • Others
    • Country Analysis 2013 – 2018 and Forecast 2019 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Dimethyl Carbonate Market – Opportunity Analysis Index, By Application, and Country, 2019 – 2024
    • North America Dimethyl Carbonate Market Dynamics – Trends
  3. Europe Dimethyl Carbonate Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
    • Application Analysis 2013 – 2018 and Forecast 2019 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Solvent
      • Additive
      • Polycarbonate
      • Electrolyte
      • Others
    • Country Analysis 2013 – 2018 and Forecast 2019 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Dimethyl Carbonate Market – Opportunity Analysis Index, By Application, and Country, 2019 – 2024
    • Europe Dimethyl Carbonate Market Dynamics – Trends
  4. Asia-Pacific Dimethyl Carbonate Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
    • Application Analysis 2013 – 2018 and Forecast 2019 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Solvent
      • Additive
      • Polycarbonate
      • Electrolyte
      • Others
    • Country Analysis 2013 – 2018 and Forecast 2019 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Dimethyl Carbonate Market – Opportunity Analysis Index, By Application, and Country, 2019 – 2024
    • Asia-Pacific Dimethyl Carbonate Market Dynamics – Trends
  5. Latin America Dimethyl Carbonate Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
    • Application Analysis 2013 – 2018 and Forecast 2019 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Solvent
      • Additive
      • Polycarbonate
      • Electrolyte
      • Others
    • Country Analysis 2013 – 2018 and Forecast 2019 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Dimethyl Carbonate Market – Opportunity Analysis Index, By Application, and Country, 2019 – 2024
    • Latin America Dimethyl Carbonate Market Dynamics – Trends
  6. Middle East and Africa Dimethyl Carbonate Market Analysis, 2013 – 2018 and Forecast, 2019 – 2024 (Revenue, USD Mn)
    • Application Analysis 2013 – 2018 and Forecast 2019 – 2024 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Solvent
      • Additive
      • Polycarbonate
      • Electrolyte
      • Others
    • Country Analysis 2013 – 2018 and Forecast 2019 – 2024 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Dimethyl Carbonate Market – Opportunity Analysis Index, By Application, and Country, 2019 – 2024
    • MEA Dimethyl Carbonate Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • 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)
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

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

Description

Dimethyl Carbonate (DMC) Market size was estimated to be valued at USD 4,195.3 million in 2021 and is poised to grow at a significant CAGR of 7.9% over 2022–2028. 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.

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