UBE Corporation (Japan), Merck KGaA (Germany) are Leading players in the Dimethyl Carbonate Market
The dimethyl carbonate market is projected to grow from USD 1.1 billion in 2023 to USD 1.9 billion by 2028, at a CAGR of 12.7% from 2023 to 2028. The main reason for such growth is that dimethyl carbonate (DMC) serves as a crucial component in the synthesis of polycarbonate, a versatile thermoplastic widely used in various industries such as automotive, electronics, construction, and packaging.
Companies such as 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), Shandong Shida Shenghua Chemical Group Co., Ltd. (China), Guangzhou Tinci Materials Technology Co., Ltd. (China), Haike Chemical Group (China), Hi-tech Spring (China), Hebei New Chaoyang Chemical Stock Co., Ltd. (China), Shandong Depu Chemical Industry Science & Technology Co., Ltd. (China), Connect Chemicals (Germany), and Qingdao Aspirit Chemical Co., Ltd. (China)., and others are key players in the global dimethyl carbonate market. These players have focused on developmental strategies, such as expansions, partnerships, and new product launches and developments. These have helped them expand their businesses in untapped and potential sectors to enhance their current dimethyl carbonate market positions.
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UBE Corporation, headquartered in Japan, is a diversified chemical company with a global presence. UBE has evolved into a key player in various industries including chemicals, plastics, pharmaceuticals, construction materials, and machinery. UBE's chemical segment encompasses the production of a diverse array of products such as caprolactam, nylon resin, polyethylene, and specialty chemicals. These chemicals find applications in industries ranging from automotive and electronics to infrastructure and healthcare.
Merck KGaA (Germany) is one of the largest player in the dimethyl carbonate market. It is a multinational chemical, pharmaceutical, and life sciences company based in Germany. It conducts researches on drugs used for oncology, autoimmune, and inflammatory diseases as well as in many other areas. The company is into the marketing of cardiovascular, fertility, endocrinology, and over-the-counter products as well as products for flat screens, food, cosmetics, packaging, and coatings.
Thermo Fisher Scientific Inc. is an American multinational corporation. Founded in 2006 through the merger of Thermo Electron and Fisher Scientific, the company has grown to become one of the world's largest providers of scientific instruments, reagents, consumables, software, and services to research, healthcare, industrial, and applied markets. The company’s Life Sciences segment provides a wide range of products and services for life sciences research, including reagents and consumables.
Shida Shenghua Chemical Group has established itself as a leading player in the global chemical industry, with a strong emphasis on technological innovation, product quality, and environmental sustainability. The company's state-of-the-art production facilities and advanced manufacturing processes enable it to deliver high-quality products to customers worldwide while adhering to stringent safety and environmental standards.
Tokyo Chemical Industry Co., Ltd. is one of the prominent player in dimethyl carbonate market. TCI has established a reputation for excellence in providing a comprehensive range of organic and inorganic compounds, biochemicals, reagents, and custom synthesis services. Tokyo Chemical Industry Co., Ltd. continues to play a vital role in advancing scientific discovery and innovation by providing high-quality chemicals and services that enable researchers to pursue breakthroughs in various fields of study.
Related Reports:
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
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