Application (Polycarbonate Synthesis, Battery Electrolyte, Solvents, Reagents)
The polycarbonate synthesis segment in the dimethyl carbonate market is estimated to gain the largest market share in the year 2037. The segmental growth is credited to the increasing use of polycarbonates by multiple end-user industries such as electronics, and medicine. Dimethyl carbonate is used in the process of synthesizing polycarbonates and is expected to contribute to the segment growth. Polycarbonates offer various properties which make them suitable for use in many applications owing to their characteristics of thermal resistance, impact resistance, stability, and light transparency. Polycarbonate demand is driven by growth in automobile and electrical sectors around the world. For instance, global polycarbonate demand from the automobile sector was estimated to be USD 1 Million in the year 2022.
Grade (Industry, Pharmaceutical, Battery)
The industry grade segment is slated to garner a significant share of the dimethyl carbonate market in the year 2037. The use of industry-grade DMC is widespread in various applications like paint & coating, reagents, or pesticides. The increased demand for dimethyl carbonate from the automotive industry is being driven by vehicles and modern performance equipment. The need for dimethyl carbonate has been driven by an increase in the consumption of consumer goods and electronic products. This is on account of the rising disposable incomes, as well as improving living standards.
Our in-depth analysis of the global dimethyl carbonate market includes the following segments:
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Author Credits: Rajrani Baghel
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