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

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.