Dimethyl Carbonate Market Size, Industry Analysis Report By Grade (Industry grade, Pharmaceutical grade, Battery grade), By Application (polycarbonate synthesis, battery electrolyte, solvents, reagents), By end-user (plastics, paints and coating, pharmaceutical, battery, agrochemicals) & Region – Forecast By 2030
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- 1970-01-01
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- CATEGORY
- Chemicals & Materials
The Dimethyl Carbonate Market is valued at around USD 1.2 billion in 2022 and is expected to reach USD 2.2 billion by 2030, registering a CAGR of 6.5% over the forecast period. An organic solvent called dimethyl carbonate (DMC) is a colourless liquid. Polycarbonates are strong, transparent plastics with high heat resistance that are made possible by DMC. It can also be used to make pesticides for use in farming. Due to its low water solubility (0.002 percent), dimethyl carbonate has more potential uses in the detergent, paints and coatings, and pharmaceutical industries.
The Dimethyl Carbonate Market - Growth Factor
Electronics, automobiles, agrochemicals, oil and gas, and other end-use industries can all benefit from using DMCs due to their intrinsic properties of non-toxicity, higher solubility, and biodegradability. These are the main factors propelling the DMC market. DMC is also used to replace chemicals like xylene, which is regarded as an environmental contaminant. The shift in consumer behaviour toward sustainability is accompanied by an increase in green building projects, which call for the use of environmentally friendly and sustainable building materials. As a result, DMC is in high demand because it is both a sustainable and non-toxic material. As a result, the government's initiatives to create smart, sustainable cities and the booming construction industry both support and expand the DMC market.
The Dimethyl Carbonate Market – Market Trends
• The production of fuels and polymers requires the abundant element carbon. Dimethyl carbonate traders have been forced to turn carbon dioxide (CO2) into chemical precursors like dimethyl carbonate due to carbon's non-toxic properties (DMC).
• Since traditional methods like phosgenation have drawbacks like the use of lethal poisonous and corrosive phosgene gas and the creation of significant amounts of inorganic salts, it is expected that this trend will persist.
• As a result, players in the dimethyl carbonate market are stepping up R&D to improve their efficacy in green chemistry.
• To increase the productivity of green chemistry, automakers are implementing procedures that entail the decisive synthesis of dimethyl carbonate from CO2 and methanol.
• Methanol is a less expensive raw material, making the green synthesis of DMC a more popular and economical process.
The Dimethyl Carbonate Market – Segmentation
The Dimethyl Carbonate Market fragrance concentrates market has been sub-classified into grade, application, end-user.
On the basis of grade, the Dimethyl Carbonate Market is bifurcated into:
• Industry grade
• Pharmaceutical grade
• Battery grade
• others
On the basis of application, the market is segmented into:
• polycarbonate synthesis
• battery electrolyte
• solvents
• reagents
• others
On the basis of end-user, the market segmented into:
• plastics
• paints and coating
• pharmaceutical
• battery
• agrochemicals
• Others
The Dimethyl Carbonate Market –Regional Analysis
Asia-Pacific dominated the global Dimethyl Carbonate Market, for a sizeable portion of the world market for dimethyl carbonate in 2021. Due to a significant rise in the use of polycarbonates, it is anticipated that demand for dimethyl carbonate in the Asia Pacific region will increase throughout the forecast period. The Asia Pacific dimethyl carbonate market is anticipated to grow at an alluring rate over the forecast period due to the rise in consumption of dimethyl carbonate in numerous industrial applications such as cleaning products, paints and coatings, pesticide residues, sealants, and lithium-ion batteries.
The Dimethyl Carbonate Market – Key Market players
Report scope
Global Dimethyl Carbonate Market: Historical Years- 2018-2021
Global Dimethyl Carbonate Market: Forecast Years- 2022-2030
Global Dimethyl Carbonate Market 2022- USD 1.2 billion
Global Dimethyl Carbonate Market 2030- USD 2.2 billion
Global Dimethyl Carbonate Market CAGR- 6.5%
1. Global Dimethyl Carbonate Market Introduction and Market Overview
1.1.
Objectives of the Study
1.2.
Global Dimethyl Carbonate
Market Scope and Market Estimation
1.2.1.Global Dimethyl
Carbonate Overall Market Size, Revenue (US$ Mn) and Volume (Tons), Market CAGR
(%), Market forecast (2023 - 2030)
1.2.2.Global Dimethyl
Carbonate Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2030
1.3.
Market Segmentation
1.3.1.Grade of
Global Dimethyl Carbonate Market
1.3.2.End User
of Global Dimethyl Carbonate Market
1.3.3.Application
of Global Dimethyl Carbonate Market
1.3.4.Region
of Global Dimethyl Carbonate Market
2. Executive Summary
3. Market Factor Analysis
3.1. Global Dimethyl Carbonate
Market Application Trends under COVID-19 Outbreak
3.1.1.Global
COVID-19 Status Overview
3.1.2.Influence
of COVID-19 Outbreak on Global Dimethyl Carbonate Market Application
Development
3.2. Market Dynamics
3.2.1.Drivers
3.2.2.Limitations
3.2.3.Opportunities
3.2.4.Impact
Analysis of Drivers and Restraints
3.3. Value Chain/ Ecosystem
Analysis
3.3.1.Manufacturers
/ Vendors
3.3.2.Distributors
3.3.3.Buyers /
End-users
3.3.4.Forward Integration
& Backward Integration of Key Stakeholders
3.4. Global Dimethyl Carbonate
Market - Pricing Trends Analysis & Average Selling Prices (ASPs)
3.5. Porter’s Five Forces
Analysis
3.5.1.Bargaining
Power of Suppliers
3.5.2.Bargaining
Power of Buyers
3.5.3.Threat
of Substitutes
3.5.4.Threat
of New Entrants
3.5.5.Competitive
Rivalry
3.6. PEST Analysis
3.6.1.Political
Factors
3.6.2.Economic
Factors
3.6.3.Social
Factors
3.6.4.Technological
Factors
3.7. Impact of Russia Ukraine
War on Dimethyl Carbonate Market
3.8. Impact of Economic
Downturn on Dimethyl Carbonate Market
3.9. Dimethyl Carbonate Production
Capacity, by Major Countries
3.10. Market Investment
Opportunity Analysis (Top Investment Pockets), By Segments & By Regions
4. Global Dimethyl Carbonate
Market Estimates & Forecast Trend Analysis, by Grade
4.1.
Global Dimethyl Carbonate
Market Revenue (US$ Mn) and Volume (Tons) Estimates and Forecasts, by Grade,
2019 to 2030
4.1.1.Industry
grade
4.1.2.Pharmaceutical
grade
4.1.3.Battery
grade
4.1.4.Others
5. Global Dimethyl Carbonate
Market Estimates & Forecast Trend Analysis, by Application
5.1.
Global Dimethyl Carbonate
Market Revenue (US$ Mn) and Volume (Tons) Estimates and Forecasts, by Application,
2019 to 2030
5.1.1.polycarbonate
synthesis
5.1.2.battery
electrolyte
5.1.3.solvents
5.1.4.reagents
5.1.5.others
6. Global Dimethyl Carbonate
Market Estimates & Forecast Trend Analysis, by End
User
6.1.
Global Dimethyl Carbonate
Market Revenue (US$ Mn) and Volume (Tons) Estimates and Forecasts, by End User,
2019 to 2030
6.1.1.plastics
6.1.2.paints
and coating
6.1.3.pharmaceutical
6.1.4.battery
6.1.5.agrochemicals
6.1.6.Others
7. Global Dimethyl Carbonate
Market Estimates & Forecast Trend Analysis, by
Region
7.1.
Global Dimethyl Carbonate
Market Revenue (US$ Mn) and Volume (Tons) Estimates and Forecasts, by Region,
2019 to 2030
7.1.1.North
America
7.1.2.Europe
7.1.3.Asia
Pacific
7.1.4.Middle East & Africa
7.1.5.South
America
8. North America Dimethyl Carbonate Market:
Estimates & Forecast Trend Analysis
8.1. North America Dimethyl Carbonate Market Assessments & Key
Findings
8.1.1.Dimethyl
Carbonate Market Introduction
8.1.2.Dimethyl
Carbonate Market Size Estimates and Forecast (US$ Million & Tons) (2019 – 2030)
8.1.2.1.
By Grade
8.1.2.2.
By End User
8.1.2.3.
By Application
8.1.2.4.
By Country
8.1.2.4.1.
The U.S.
8.1.2.4.2.
Canada
8.1.2.4.3.
Mexico
9. Europe Dimethyl Carbonate Market:
Estimates & Forecast Trend Analysis
9.1.
Europe Dimethyl Carbonate
Market Assessments & Key Findings
9.1.1.Dimethyl
Carbonate Market Introduction
9.1.2.Dimethyl
Carbonate Market Size Estimates and Forecast (US$ Million & Tons) (2019 – 2030)
9.1.2.1.
By Grade
9.1.2.2.
By End User
9.1.2.3.
By Application
9.1.2.4.
By Country
9.1.2.4.1.
Italy
9.1.2.4.2.
Germany
9.1.2.4.3.
U.K.
9.1.2.4.4.
France
9.1.2.4.5.
Spain
9.1.2.4.6.
Rest of Europe
10. Asia Pacific Dimethyl Carbonate Market:
Estimates & Forecast Trend Analysis
10.1. Asia Pacific Market Assessments & Key Findings
10.1.1.
Dimethyl Carbonate Market
Introduction
10.1.2.
Dimethyl Carbonate Market Size and
Volume Estimates and Forecast (US$ Million & Tons) (2019 – 2030)
10.1.2.1.
By Grade
10.1.2.2.
By End User
10.1.2.3.
By Application
10.1.2.4.
By Country
10.1.2.4.1. China
10.1.2.4.2. Japan
10.1.2.4.3. India
10.1.2.4.4. Australia
10.1.2.4.5. South Korea
10.1.2.4.6. ASEAN
10.1.2.4.7. Rest of Asia Pacific
11. Middle East & Africa Dimethyl Carbonate Market: Estimates & Forecast Trend Analysis
11.1. Middle East & Africa Market Assessments & Key Findings
11.1.1.
Dimethyl Carbonate Market
Introduction
11.1.2.
Dimethyl Carbonate Market Size
and Volume Estimates and Forecast (US$ Million & Tons) (2019 – 2030)
11.1.2.1.
By Grade
11.1.2.2.
By End User
11.1.2.3.
By Application
11.1.2.4.
By Country
11.1.2.4.1. U.A.E.
11.1.2.4.2. Saudi Arabia
11.1.2.4.3. Egypt
11.1.2.4.4. South Africa
11.1.2.4.5. Rest of Middle East & Africa
12. South America Dimethyl Carbonate Market:
Estimates & Forecast Trend Analysis
12.1. South America Market Assessments & Key Findings
12.1.1.
Dimethyl Carbonate Market
Introduction
12.1.2.
Dimethyl Carbonate Market Size and
Volume Estimates and Forecast (US$ Million & Tons) (2019 – 2030)
12.1.2.1.
By Grade
12.1.2.2.
By End User
12.1.2.3.
By Application
12.1.2.4.
By Country
12.1.2.4.1. Brazil
12.1.2.4.2. Argentina
12.1.2.4.3. Colombia
12.1.2.4.4. Rest of South America
13.
Competition Landscape
13.1. Dimethyl Carbonate Market Competition Matrix & Benchmarking, by
Leading Players / Innovators / Emerging Players / New Entrants
13.2. Dimethyl Carbonate Market Competition White Space Analysis, By End-user
13.3. Dimethyl Carbonate Market Competition Regional Intensity Map
Analysis, By Geographies Served
13.4. Dimethyl Carbonate Market Concentration & Company Market Shares
(%) Analysis, 2022
14.
Company Profiles
14.1.Shandong Shida Shenghua Chemical Co., Ltd
14.1.1.
Company Overview & Key
Stats
14.1.2.
Financial Performance &
KPIs
14.1.3.
Product Portfolio
14.1.4.
Business Strategy & Recent
Developments
* Similar details would be provided for all the players
mentioned below
14.2.KOWA American Corporation,
14.3.UBE Industries,
14.4.Tokyo Chemical Industry Co., Ltd.,
14.5.Merck KGaA,
14.6.Arrow Chemical Group Corp.,
14.7. HaiKe Chemical Group Ltd.,
14.8.Alfa Aesar,
14.9.Tangshan Chaoyang Chemical Co., Ltd., and
14.10.
Hefei TNJ
Chemical Industry Co., Ltd.,
14.11.
Others**
15.
Research Methodology
15.1.
External Power
Outputs / Databases
15.2.
Internal
Proprietary Database
15.3.
Primary Research
15.4.
Secondary
Research
15.5.
Assumptions
15.6.
Limitations
15.7.
Report
FAQs
16.
Research Findings & Conclusion
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Frequently Asked Questions
What is the market size and growth projections?
The dimethyl carbonate market was estimated to be worth of USD 1.2 billion in 2022 and is projected to reach USD 2.2 billion by 2030.
What are the drivers shaping various markets?
Electronics, automobiles, agrochemicals, oil and gas, and other end-use industries can all benefit from using DMCs due to their intrinsic properties of non-toxicity, higher solubility, and biodegradability. These are the main factors propelling the DMC market.
Who are the key competitors of market Players?
Some of the major players operating within the market are Shandong Shida Shenghua Chemical Co., Ltd., KOWA American Corporation, UBE Industries, Tokyo Chemical Industry Co., Ltd., Merck KGaA, Arrow Chemical Group Corp., HaiKe Chemical Group Ltd., Alfa Aesar, Tangshan Chaoyang Chemical Co., Ltd., and Hefei TNJ Chemical Industry Co., Ltd., and others.
What are the top performing segments, and countries / regions of each of the markets?
Asia-Pacific dominated the global Dimethyl Carbonate Market
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