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 News

  • 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.
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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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