Dimethyl Carbonate Market Analysis

  • Report ID: 4890
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Dimethyl Carbonate Market Analysis

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:

           Type

  • Polycarbonate Synthesis
  • Battery Electrolyte
  • Solvents
  • Reagents

 

   

           End User

  • Plastics
  • Paints & Coatings
  • Pharmaceuticals

           Grade

  • Industry
  • Pharmaceutical
  • Battery
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Author Credits:  Rajrani Baghel


  • Report ID: 4890
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of dimethyl carbonate is assessed at USD 2.63 billion.

The dimethyl carbonate market size was valued at USD 2.43 billion in 2024 and is set to reach USD 8.69 billion by the end of 2037, registering around 10.2% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for dimethyl carbonate will drive the market growth.

Asia Pacific industry is predicted to be the largest with a share of about 35% by 2037, led by increasing use of dimethyl carbonate in paints, cleansing agents, automotive, medical in the region.

The major players in the market include Alfa Aesar, Connect Chemicals, Dongying Hi-tech Spring Chemical Industry Co., Ltd., Guangzhou Tinci Materials Technology Co., Ltd., Haike Chemical Group, Hebei New Chaoyang Chemical Stock Co., Ltd., Kishida Chemical Co. Ltd., Kowa Company Ltd., Lotte Chemical, Merck KGaA.
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