Dimethyl Carbonate Market to Grow with a CAGR of 4.58% through 2030
Growth in the Automotive and Electronics Industries and Rising
Demand for Polycarbonate Production are factors driving the Global Dimethyl
Carbonate Market in the forecast period 2026-2030.
According to the
TechSci Research report, “Dimethyl Carbonate Market - Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global
Dimethyl Carbonate Market stood at USD 1.55 billion in 2024 and is anticipated
to grow with a CAGR of 4.58% through 2030. Dimethyl carbonate is gaining traction as an eco-friendly
solvent in coatings, adhesives, paints, and cleaning agents. Unlike traditional
solvents such as toluene or acetone, DMC has low toxicity, high solvency power,
and lower environmental impact, making it a preferred choice in industries that
are under pressure to adopt sustainable practices. The shift towards green
chemistry and stricter environmental regulations are pushing industries to
replace hazardous solvents with safer alternatives, directly driving the growth
of the DMC market.
Another
crucial driver is the surging demand for lithium-ion batteries, particularly in
the electric vehicle (EV) and energy storage sectors. Dimethyl carbonate serves
as a key electrolyte solvent in lithium-ion batteries due to its high
electrochemical stability and low viscosity. With global initiatives to promote
clean energy, rapid EV adoption, and the expansion of renewable energy storage
systems, the demand for lithium-ion batteries is rising exponentially, in turn
fueling growth in the DMC market.
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market data Figures spread through XX Pages and an in-depth TOC on "Global
Dimethyl Carbonate Market”
Global
regulatory frameworks aimed at reducing the use of toxic chemicals are
providing a strong push for the adoption of dimethyl carbonate. Unlike
conventional reagents such as phosgene, DMC is non-toxic, biodegradable, and
safer to handle. This aligns with global sustainability goals and regulations
encouraging industries to adopt green chemistry solutions, making DMC a
preferred choice across multiple applications.
The Global Dimethyl
Carbonate Market is segmented into Grade, Method of Preparation, Application, End Use, regional
distribution, and company.
Based
on the Method of Preparation, the Phosgenation of Methanol segment has emerged
as the dominating segment in the Global Dimethyl Carbonate Market in 2024, due
to its established large-scale production capacity, cost-effectiveness, and
high yield efficiency. This method allows for consistent and industrially
scalable output, meeting the rising demand for dimethyl carbonate in
applications such as polycarbonate production, solvents, and battery
electrolytes. Despite environmental concerns linked to phosgene usage,
advancements in process safety and waste management have strengthened its
competitiveness. Moreover, its widespread adoption across leading chemical manufacturing
regions further consolidates its position as the most preferred preparation
route globally.
The
Asia Pacific is the fastest-growing region in the Global Dimethyl Carbonate
Market in 2024 due to strong industrial expansion, rising demand from key
end-use industries, and supportive government policies. The region’s robust
automotive and electronics sectors are driving demand for DMC as a critical raw
material in polycarbonate production, lithium-ion battery electrolytes, and
solvents. Rapid growth in electric vehicle adoption, particularly in China,
Japan, and South Korea, is further boosting consumption. Additionally,
increasing investments in sustainable and eco-friendly chemicals, along with
the availability of cost-effective raw materials and manufacturing advantages,
are accelerating market growth across the region.
Major companies
operating in the Global Dimethyl Carbonate Market are:
- UBE
Industries LTD.
- Shandong
Shida Shenghua Chemical Group Co. Ltd.
- KOWA
American Corporation
- Qingdao
Aspirit Chemical Co. Ltd.
- Shandong
Haike Chemical Industry Group Co. Ltd.
- Shandong
Depu Chemical Industry Science & Technology Co. Ltd.
- Dongying
City Longxing Chemical Co. Ltd.
- Shandong
Feiyang Chemical Co. Ltd.
- Alfa
Aesar
- Hefei
TNJ Chemical Industry Co. Ltd.
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“The global dimethyl carbonate market is
being propelled by a combination of industrial demand, regulatory support, and
the shift toward greener, safer chemicals. From its role in polycarbonate
production and lithium-ion batteries to its applications as a green solvent and
pharmaceutical intermediate, DMC is positioned as a critical material in modern
industries. As sustainability and technological advancement continue to shape
global markets, the demand for dimethyl carbonate is expected to rise significantly
in the coming years, “said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“Dimethyl Carbonate Market - Global Industry Size,
Share, Trends, Opportunity, and Forecast, 2020-2030F Segmented By Grade
(Industrial Grade, Battery Grade, Pharmaceutical Grade, Others), By Method of
Preparation (Phosgenation of Methanol, Oxidative Carbonylation of Methanol,
Transesterification of Urea, Direct Synthesis from CO2 & Methanol), By
Application (Polycarbonate, Solvents, Reagents, Others), By End Use (Plastics,
Paint & Coatings, Pharmaceuticals, Batteries, Agrochemicals, Others), By
Region and Competition ”, has evaluated the future growth
potential of Global Dimethyl Carbonate Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the Global Dimethyl Carbonate Market.
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