Global dimethyl carbonate DMC market

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 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.

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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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Global dimethyl carbonate DMC market

Report ID: SQSG15D2001

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