Dimethyl Carbonate DMC Market Size, Share, Growth Analysis, By End use(Plastics, Paints & Coating, Pharmaceuticals, Battery), By Application(Polycarbonate synthesis, Battery electrolyte, Solvents, Reagents), By Grade(Industry grade (less than 99.0 weight %), Pharmaceutical grade (less than 99.5 weight %), Battery grade (less than 99.9 weight %)), By Region - Industry Forecast 2024-2031


Report ID: SQSG15D2001 | Region: Global | Published Date: July, 2001
Pages: 157 |Tables: 102 |Figures: 76

Dimethyl Carbonate DMC Market Insights

Dimethyl Carbonate DMC Market size was valued at USD 1.03 billion in 2019 and is poised to grow from USD 1.1 billion in 2023 to USD 2.06 billion by 2031, growing at a CAGR of 7.2% in the forecast period (2024-2031).

Dimethyl Carbonate (DMC) is an eco-friendly and non-toxic organic molecule having the chemical formula OC (OCH3)2. Dimethyl Carbonate is a liquid that does not appear to be a distinct hue. Dimethyl Carbonate is a flammable carbonate ester that can be indexed. Dimethyl Carbonate can form quickly in organic solvents including ethers, alcohols, ketones, and others. Dimethyl carbonate is an interesting solvent and environmentally beneficial chemical agent. Polycarbonate is in high demand in a variety of industries, including electronics, automotive, building and construction, consumer goods, and medicine. Some of the factors driving the market growth for dimethyl carbonate are that it is an eco-friendly solvent that helps produce products that are quick biodegradable and non-toxic. Increased consumer affluence and spending on gadgets and autos enhances manufacturing of the plastic polymers utilized in this industry. Dimethyl carbonate is utilized in a variety of sectors and has a wide range of uses. Dimethyl carbonate is in high demand due to the number and range of uses. Toxic gases such as phosgene and carbon monoxide are used in traditional manufacture, producing dangerous by products such as sodium chloride. The majority of the product contains highly toxic compounds that, even in low concentrations, can cause death or serious health problems.

US Dimethyl Carbonate DMC Market  is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 1.03 billion

Largest Segment

Polycarbonate synthesis

Fastest Growth

Polycarbonate synthesis

Growth Rate

7.2% CAGR

Global Dimethyl Carbonate DMC Market ($ Bn)
Country Share for Asia Pacifc Region (%)

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Dimethyl Carbonate DMC Market Segmental Analysis

Global dimethyl carbonate market is segmented based on end use, application, grade, and region. Based on end use Dimethyl Carbonate DMC Market is segmented into Plastics, Paints & Coating, Pharmaceuticals, Battery, Agrochemicals, Adhesives & Sealants, Ink, Food & Beverages, Energy, Others. Based on application Dimethyl Carbonate DMC Market is segmented into Polycarbonate synthesis, Battery electrolyte, Solvents, Reagents, Fuel additives, Electrolyte for supercapacitors, Electrolyte for Dye-synthesized solar cells, Others. Based on grade market is segmented into Industry grade (less than 99.0 weight %), Pharmaceutical grade (less than 99.5 weight %), Battery grade (less than 99.9 weight %). Based on region market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East Africa.

Dimethyl Carbonate DMC Market Analysis by Application:

The polycarbonate synthesis segment held the most market share. In 2020, the polycarbonate synthesis segment accounted for the biggest proportion of the dimethyl carbonate market by application. Dimethyl carbonate is a chemical intermediary used in the production of polycarbonates. Polycarbonate is utilized as an engineering plastic material in industries such as automotive and electrical and electronics because of its exceptional physical features such as heat resistance, impact resistance, structural stability, and optical transparency. The increased demand for polycarbonate from the automotive and electrical and electronics industries is propelling the global market for dimethyl carbonate.

Global Dimethyl Carbonate DMC Market By Application

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Dimethyl Carbonate DMC Market Regional Insights

Based on region global dimethyl carbonate market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East Africa.

Asia Pacific accounts for a significant share of the global dimethyl carbonate market. Demand for dimethyl carbonate in the Asia Pacific region is likely to rise over the forecast period due to a significant increase in the use of polycarbonates. Due to an increase in demand for dimethyl carbonate in various end-use applications such as cleaning agents, paints and coatings, pesticides, adhesives, and lithium-ion batteries in the region, the dimethyl carbonate market in Asia Pacific is expected to grow at a promising rate during the forecast period. The region's dimethyl carbonate market is dominated by India, China, South Korea, and Japan. In China, Thailand, Japan, and Taiwan, dimethyl carbonate is mostly utilized in the production of polycarbonates, whereas in India, it is primarily used in the pharmaceutical, paints & coatings, and agrochemical industries to make diverse products such as medications, paints, and pesticides.

Global Dimethyl Carbonate DMC Market By Region
  • Largest
  • Fastest

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Dimethyl Carbonate DMC Market Dynamics

Dimethyl Carbonate DMC Market Drivers

  • Growing Demand for Polycarbonate to Propel Dimethyl Carbonate Market
  • Polycarbonate is widely used in a variety of industries such as electronics, automotive, consumer goods, building and construction, and many more. Because of features such as transparency, strength, heat resistance, and chemical resistance, rising demand in the electronics and automotive industries is likely to push the dimethyl carbonate market. Furthermore, rise in the vehicle sector in countries like as India, China, and Japan have supported dimethyl carbonate market growth. Furthermore, the growing need for low-cost and cost-effective consumer goods, such as laptops, smartphones, smart speakers, smart home devices, power banks, and others, is driving the dimethyl carbonate industry ahead.
  • Mirroring the growth of Li-ion battery Market.
  • Rising demand electronic products has resulted in a large scale demand for batteries to power the devices. DMC forms a critical component in the manufacture of these Li-ion batteries and as Li-ion batteries mainly found tremendous traction for powering smartphones and other portable electronics it will help indirectly in the growth of DMC market.

Dimethyl Carbonate DMC Market Restraint

  • Hazardous Raw Materials for DMC Synthesis to Hamper Market Growth
  • DMC is in high demand due to the volume and range of uses. Although DMC is a green solvent, its typical production technique uses hazardous gases like phosgene and carbon monoxide while producing damaging by products like sodium chloride. Currently, the majority of DMC production uses phosgene, a highly toxic chemical that can cause death or severe health problems in even low quantities, implying that any process design that incorporates phosgene will incur additional expenditures to provide a safe environment. Sodium chloride is produced as a by-product in current DMC manufacturing systems that use phosgene. Sodium chloride disposal can harm the environment, especially when the process is scaled up to such high output rates. For the production of dimethyl carbonate, several firms throughout the world use the methanol phosgenation technique. As a result, the growth of the dimethyl carbonate market is hampered.
  • Stringent regulations 

  • Manufacturers are facing hiderance in guidlines of market. Permitting guidelines for the producers of dimethyl carbonate are strict, owing to which manufacturers face tough time getting the license, which may have negative effect.

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Dimethyl Carbonate DMC Market Competitive Landscape

The global dimethyl carbonate market is fragmented, the prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective and customized solutions for students.

Top Players in the Global Dimethyl Carbonate Market

  • AkzoNobel NV
  • Arrow Chemical Group Corp.
  • BASF SE
  • Dongying City Longxing Chemical Co. Ltd.
  • EMD Millipore Corporation
  • HaiKe Chemical Group
  • Hebei New Chaoyang Chemical Stock Co. Ltd.
  • Huntsman Corporation
  • Kowa India Pvt. Ltd.
  • Lixing Chemical Co. Ltd.
  • Mitsubishi Chemical Corporation
  • Panax-Etec
  • Shandong Shida Shenghua Chemical Group Co. Ltd.
  • Sigma-Aldrich Corporation
  • Taizhou Linggu Chemical Co. Ltd.
  • Tangshan Chaoyang Chemical Co. Ltd.
  • TCI Chemicals (India) Pvt. Ltd.
  • UBE Industries Ltd.
  • Zhejiang Juhua Co. Ltd.
  • Zibo Ruibao Chemical Co. Ltd.

Dimethyl Carbonate DMC Market Recent Developments

  • In February 2022, Lotte chemical is planning to build a new plant which will produce high quality organic solvent such as DMC for Lithium ion battery .
  • In April 2021, Merck announced an investment of USD 22.9 million to expand research & development and manufacturing capabilities at its site in Shizuoka (Japan). As part of this plan, new infrastructure will be built to advance and accelerate innovations in the electronic materials space.
  • In March 2021, Merck collaborated with Universitas Indonesia to establish the first Collaboration Laboratory between the company and the university to advance life science research and innovation development in Indonesia.
  • In July 2019, Ube Industries announced that it would increase its production of basic chemical dimethyl carbonate to its derivative by opening a new plant in the US. The production facility would have approximately 50,000 tons that will produce dimethyl carbonate as well as 20,000- 30,000 tons of purified dimethyl carbonate annually.

Dimethyl Carbonate DMC Key Market Trends

  • Increasing R&D Efforts to Improve Efficacy in Green DMC Synthesis to Support Market Growth
  • Carbon is a plentiful element that is required in the creation of fuels and polymers. Because of carbon's non-toxic qualities, dimethyl carbonate market participants have been encouraged to convert carbon dioxide (CO2) into useful compounds such as dimethyl carbonate (DMC). This trend is predicted to continue, as traditional procedures such as phosgenation have drawbacks such as the use of very dangerous and corrosive phosgene gas and the production of large amounts of inorganic salts. As a result, dimethyl carbonate market participants are increasing their R&D efforts in order to improve efficacy in green chemistry.
  • DMC can be used as an alternate oxygenated fuel additive.

  • Research has recommended it as an alternative oxygenated fuel additive for gasoline fuel because of its environment friendly, non corrosive and safe handling properties.

Dimethyl Carbonate DMC Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our global dimethyl carbonate market analysis, rising demand from a range of sectors is driving the expansion of the dimethyl carbonate market. Furthermore, the environmentally friendly synthesis of dimethyl carbonate from carbon dioxide is projected to drive market growth.

Report Metric Details
Market size value in 2023 USD 1.03 billion
Market size value in 2031 USD 2.06 billion
Growth Rate 7.2%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • End use
    • Plastics, Paints & Coating, Pharmaceuticals, Battery, Agrochemicals, Adhesives & Sealants, Ink, Food & Beverages, Energy, Others
  • Application
    • Polycarbonate synthesis, Battery electrolyte, Solvents, Reagents, Fuel additives, Electrolyte for supercapacitors, Electrolyte for Dye-synthesized solar cells, others
  • Grade
    • Industry grade (less than 99.0 weight %), Pharmaceutical grade (less than 99.5 weight %), Battery grade (less than 99.9 weight %)
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • AkzoNobel NV
  • Arrow Chemical Group Corp.
  • BASF SE
  • Dongying City Longxing Chemical Co. Ltd.
  • EMD Millipore Corporation
  • HaiKe Chemical Group
  • Hebei New Chaoyang Chemical Stock Co. Ltd.
  • Huntsman Corporation
  • Kowa India Pvt. Ltd.
  • Lixing Chemical Co. Ltd.
  • Mitsubishi Chemical Corporation
  • Panax-Etec
  • Shandong Shida Shenghua Chemical Group Co. Ltd.
  • Sigma-Aldrich Corporation
  • Taizhou Linggu Chemical Co. Ltd.
  • Tangshan Chaoyang Chemical Co. Ltd.
  • TCI Chemicals (India) Pvt. Ltd.
  • UBE Industries Ltd.
  • Zhejiang Juhua Co. Ltd.
  • Zibo Ruibao Chemical Co. Ltd.
Customization scope

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  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

Historical Year 2019

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Dimethyl Carbonate DMC Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Dimethyl Carbonate DMC Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Dimethyl Carbonate DMC Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Dimethyl Carbonate DMC Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Dimethyl Carbonate DMC Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Dimethyl Carbonate DMC Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Dimethyl Carbonate DMC Market size was valued at USD 1.03 billion in 2019 and is poised to grow from USD 1.1 billion in 2023 to USD 2.06 billion by 2031, growing at a CAGR of 7.2% in the forecast period (2024-2031).

The dimethyl carbonate market is fragmented, the prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective and customized solutions for students. 'AkzoNobel NV', 'Arrow Chemical Group Corp.', 'BASF SE', 'Dongying City Longxing Chemical Co. Ltd.', 'EMD Millipore Corporation', 'HaiKe Chemical Group', 'Hebei New Chaoyang Chemical Stock Co. Ltd.', 'Huntsman Corporation', 'Kowa India Pvt. Ltd.', 'Lixing Chemical Co. Ltd.', 'Mitsubishi Chemical Corporation', 'Panax-Etec', 'Shandong Shida Shenghua Chemical Group Co. Ltd.', 'Sigma-Aldrich Corporation', 'Taizhou Linggu Chemical Co. Ltd.', 'Tangshan Chaoyang Chemical Co. Ltd.', 'TCI Chemicals (India) Pvt. Ltd.', 'UBE Industries Ltd.', 'Zhejiang Juhua Co. Ltd.', 'Zibo Ruibao Chemical Co. Ltd.'

Growing Demand for Polycarbonate to Propel Dimethyl Carbonate Market

Increasing R&D Efforts to Improve Efficacy in Green DMC Synthesis to Support Market Growth

Based on region dimethyl carbonate market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East Africa.

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