Dimethyl Carbonate Market

Dimethyl Carbonate Market worth $1.9 billion by 2028

The report "Dimethyl Carbonate Market by Application (Polycarbonate Synthesis, Battery Electrolyte, Solvents, Reagents), End-Use Industry (Plastics, Paints & Coatings, Pharmaceuticals), Grade (Industry, Pharmaceutical, Battery), and Region - Global Forecast to 2028", size is projected to grow from USD 1.1 billion in 2023 and reach USD 1.9 billion by 2028, at a CAGR of 12.7% from 2023 to 2028. The demand for dimethyl carbonate as a key ingredient in battery electrolytes is experiencing significant growth. The expanding market for electric vehicles and renewable energy technologies further drives the growth of the DMC market are the key drivers for the dimethyl carbonate market.

Browse 564 market data Tables and 49 Figures spread through 367 Pages and in-depth TOC on "Dimethyl Carbonate Market by Application (Polycarbonate Synthesis, Battery Electrolyte, Solvents, Reagents), End-Use Industry (Plastics, Paints & Coatings, Pharmaceuticals), Grade (Industry, Pharmaceutical, Battery), and Region - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/dimethyl-carbonate-market-24544228.html

Polycarbonate synthesis is estimated to hold the most significant share of the global dimethyl carbonate market by application.

By application, polycarbonate synthesis is estimated to dominate the dimethyl carbonate market globally. Polycarbonate derived from DMC offers excellent mechanical properties, optical clarity, and thermal resistance, meeting the stringent performance requirements of modern applications. As a result, manufacturers are increasingly turning to DMC-based polycarbonates to meet market demands for high-quality and eco-friendly materials. This factor is expected to fuel the overall market.

By end-use industry, The plastic segment will lead the dimethyl carbonate market during the forecast period.

In terms of end-use industry, the plastic segment is anticipated to hold the leading position in the dimethyl carbonate industry. The plastic segment in the dimethyl carbonate market is witnessing growth fueled by increasing demand for eco-friendly polycarbonates, advancements in material science and technology, and a focus on circular economy principles. As industries strive to meet sustainability goals and regulatory requirements, DMC-based plastics offer a promising solution for developing environmentally friendly and high-performance plastic materials.

By grade, The industrial grade segment will lead the dimethyl carbonate market during the forecast period.

Regarding grade, the industrial grade segment is anticipated to lead in the dimethyl carbonate industry. Dimethyl carbonate is considered a greener alternative to many traditional solvents and methylating agents due to its low toxicity, biodegradability, and minimal environmental impact. This factor is anticipated to contribute the growth of dimethyl carbonate market in various industries.

During the forecast period, Asia Pacific will lead the global dimethyl carbonate market.

In 2022, the Asia Pacific region held the dominant share in the global dimethyl carbonate industry. Forecasts suggest this region will experience a significant Compound Annual Growth Rate (CAGR) between 2023 and 2028. One crucial factor is the rapid economic growth and urbanization in countries like China, India, and Southeast Asian nations, resulting in a surging demand for greener solution. As these economies seek sustainable and clean energy solutions, dimethyl carbonate has become crucial in meeting their increasing needs.

Key Players

Some of the leading manufacturers of dimethyl carbonate profiled in this report are UBE Corporation (Japan), Merck KGaA (Germany), Thermo Fisher Scientific Inc. (UK), Lotte Chemical (South Korea), Kowa Company Ltd. (Japan), Kishida Chemical Co. Ltd. (Japan), Tokyo Chemical Industry Co., Ltd. (Japan), and Shandong Shida Shenghua Chemical Group Co., Ltd. (China)

Don’t miss out on business opportunities in Dimethyl Carbonate Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Dimethyl Carbonate Market Size,  Share & Growth Report
Report Code
CH 7497
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Dimethyl Carbonate Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status

Digital Virtual Assistant - MarketsandMarkets