Dimethyl carbonate is an organic compound which exists as a colorless inflammable liquid. It is considered as a crucial intermediate in chemical industries and is used in synthesizing polycarbonates, polyurethanes, drugs & medicines, agricultural chemicals, and an array of other useful chemicals. Dimethyl carbonate (DMC) is a versatile chemical compound and is primarily used as raw material in the production of plastics and as VOC free solvent in industrial applications. It is extensively used as a solvent and cleaning agent in adhesives, sealants, paints, coatings, inks, and electrolyte solutions of batteries.
MARKET DYNAMICS
The global dimethyl carbonate market is growing at a significant pace owing to driving factors such as increasing demand for it from various end-use industries. Dimethyl carbonate is used in manufacturing pH regulators, precipitants, flocculants, neutralizing agents, solvents, reagents, etc. for a number of end-use industries. It is used as an environmentally friendly solvent in the paints and coatings industry. The use of dimethyl carbonate as an electrolyte in lithium ion batteries is rapidly growing. The demand for lithium ion batteries in hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), smart phones, laptops, etc. is anticipated to spur the demand for dimethyl carbonate in the future. Dimethyl carbonate is seen as a promising oxygenated fuel and an alternative to diesel fuel. Dimethyl carbonate is a flammable liquid with a flash point of 63 °F. The low flash point of dimethyl carbonate limits its uses in some indoor and consumer applications and hinder the growth of dinethyl carbonate to some extent. Also the use of highly toxic raw materials such as methanol and phosgene for Dimethyl carbonate is anticipated to restrain the growth of the dimethyl carbonate market.
MARKET SCOPE
The "Global Dimethyl Carbonate Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the dimethyl carbonate market with detailed market segmentation by synthesis, application, grade, end-use industry, and geography. The global dimethyl carbonate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading dimethyl carbonate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global dimethyl carbonate market is segmented on the basis of synthesis, application, grade, and end-use industry. On the basis of synthesis, the dimethyl carbonate market is segmented into, methanol phosgenation, oxidative carbonylation of methanol (ENI), oxidative carbonylation of methanol via methyl nitrate (UBE), ethylene carbonate transesterification process (ASAHI), urea transesterification, and direct synthesis from Co2. On the basis of application, the market is bifurcated into, polycarbonate synthesis, solvents, reagents, battery electrolyte, and others. Based on grade, the global dimethyl carbonate market is segmented into, industry grade, pharmaceutical grade, and battery grade. On the basis of end-use industry, the market is bifurcated into, plastics, paints & coatings, pharmaceuticals, batteries, agrochemicals, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global dimethyl carbonate market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The dimethyl carbonate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the dimethyl carbonate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the dimethyl carbonate market in these regions.
MARKET PLAYERS
The reports cover key developments in the dimethyl carbonate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from dimethyl carbonate market are anticipated to lucrative growth opportunities in the future with the rising demand for dimethyl carbonate in the global market. Below mentioned is the list of few companies engaged in the dimethyl carbonate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the dimethyl carbonate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Alfa Aesar
- Hefei TNJ Chemical Industry Co.,Ltd.
- IRO Group Inc
- Kishida Chemical Co., LTD.
- Kowa Company LTD.
- Lotte Chemical
- Merck KGaA
- Shandong Shida Shenghua Chemical Group Co., LTD
- Tokyo Chemical Industry Co. LTD.
- Ube Industries, Ltd.