Dimethyl Carbonate Market Size, Share, Trends, Forecast 2028

Summary

Report Description

Global Dimethyl Carbonate market is anticipated to grow significantly through 2028 due to increasing adoption of battery grade. In 2021, the price of one metric ton of battery-grade lithium carbonate in China stood at more than USD 43,700.

Global Dimethyl Carbonate market is expected to expand during the projected period due to increasing demand of battery grade as it is one of the promising electrolyte solvents in the production of lithium-ion batteries due to its good solvation and low viscosity attributes. Dimethyl carbonate (DMC) is a non-toxic organic compound with the formula OC(OCH₃)₂. It is a colorless, flammable liquid. Dimethyl Carbonate is classified as carbonate ester. It is used as methylating agent and also used as a solvent with no restriction like other volatile organic compounds (VOCs). Dimethyl carbonate has no harmful effects on environment, therefore considered as a green reagent. Increased focus on carbon capturing & utilization approach results in conversion of CO₂ for its production, electrical & electronics area, and other important factors are the many key drivers which expand the market quickly. Furthermore, the growing demand for pesticides, solvents, pharmaceuticals, paint & coatings, and others are the essential factors that raise the market’s growth. Apart from that, the market is mostly driven by organizational activities, increased R&D investment, and government regulations on trade and export.

For instance, In November 2021, Tangshan Chaoyang Chemical Co. Ltd. announced an investment of USD 93 million to expand its DMC production capacity.

Consumer inclinations to select new technologies in order to maximize profit are fueling market expansion. Consequently, it is predicted that the global dimethyl carbonate market will expand throughout the forecast period.

Increasing Adoption of Battery Grade

In the current scenario, global warming is one of the major issues in the world. The main source behind this is fossil fuels. Large amount of greenhouse gases in the environment result in change the climate cycle which ultimately generates so many issues like pollution, melting of glaciers etc. To overcome this problem, many industrialists and researchers focus on alternate source of energy. From the following years many research in the same field is going on but the exact solution still needs to be made available. Many innovation ideas are welcome to sort out this issue. On the best innovative idea which get boom in the todays market is E-vehicles. As E-vehicles does not require any fossil fuel and not generates any harmful gases. But E-vehicle needs a battery for their running, so the main concern now arises regarding the battery. Today lithium-ion batteries are use in automobile industry as a source of power for electric, hybrid, or plug-in hybrid electric vehicles. Besides, these batteries can store large amounts of energy and can be recharged. They offer a better charging capacity and a longer lifespan. Consumption for dimethyl carbonate will rise as a result of rising lithium-ion battery demand. Mobile phones, computers, and tablets are powered by lithium-ion batteries, which offer the convenience of portable electricity. Power tools and medical equipment are also given energy by them. In the mining, energy storage, manufacturing, and other industries, lithium is regarded as a staple material. During power outages and fluctuations, lithium-ion batteries provide emergency backup power. To avoid data loss, computers and other office machinery like IT servers must run continually. In addition, according to India Energy Storage Alliance (IESA) in 2019, Indian EVs market will grow at a CAGR of 36% by 2026.

For instance, according to the Global EV Outlook 2022, consumers spent USD 250 billion on electric vehicle purchases in 2021, a 65% increase over 2021. Furthermore, Global sales of electric cars have kept rising strongly in 2022, with 2 million sold in the first quarter, up 75% from the same period in 2021.

Therefore, increasing demand of battery for various application led to the growth of Global Dimethyl Carbonate market in the upcoming years.

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Increasing Demand for Polycarbonate is Driving the Market

The increased manufacturing of polycarbonate has increased demand for dimethyl carbonate on a global scale. Acids and phenols are not produced during the manufacturing of polycarbonate. As the need for polycarbonate increases in the automotive and electronics sectors, more orders are placed and the demand for dimethyl carbonate products rises. Polycarbonate help in the environmentally friendly manufacture of thermoplastics, which help to increase the production of dimethyl carbonate regularly. The dimethyl carbonate market also strives to maintain environmental health, which is a big plus for expanding naturally in the international market.

For instance, Asahi Kasei Corp. commercialized a process to manufacture polycarbonate (PC) using CO₂ as main feedstock.

Additionally, the growing demand of dimethyl carbonate as reagents in pesticides, as solvent in plastics, adhesive & sealants as well as methylating agent in chemical industry are the crucial factors that propel the growth of Global Dimethyl Carbonate market in the forecast period.

Increasing focus on Paint & Coating

As a result, the paint and coating business, which has increased the demand for eco-friendly paints, is another important driver. Numerous market participants have entered the worldwide dimethyl carbonate market due to the growing demand from these sectors. Since dimethyl carbonate is one of the best replacements of that solvents in the paint which cause volatile organic compounds (VOC) emission and environmental effects, therefore it became a top focus for many industries. It has a lot of demand right now on the international market.

For instance, Kowa American Corporation provide dimethyl carbonate to utilize in production of Paint & Coating.

Thus, increasing demand from less VOC emission paint & coating materials the demand of dimethyl carbonate increases which anticipated the market growth in the projected period.

However, the production process of DMC is very challenging, as during the traditionally production of DMC hazardous gases such as phosgene and carbon monoxide are used which produce harmful by product like sodium chloride. The disposal of sodium chloride can harm the environment especially during the scale up of process for produce high output. Most of the product comprises highly poisonous chemicals that cause death or severe health issues in even low concentrations which restrain the growth of the market. Moreover, volatility in the price of dimethyl carbonate due to the volatility of raw material prices and currency exchange rates which can make it difficult for manufacturers to plan and budget for their production processes leading to uncertainty in the market as well as dimethyl carbonate is flammable and can be dangerous if not handled properly result in lead to safety concerns in production facilities affect productivity and increase costs further slowdown the market growth.

Recent Developments

In July 2022, UBE Corporation initiated design of Dimethyl Carbonate plant in the U.S. for commercial applications. The new unit is expected to produce 100,000 metric tons per year of dimethyl carbonate to cater to the growing consumer demand.
To address the roughly 8,000 tonnes per year local demand for DMC, The first stage of Balaji Amines' brand-new, greenfield chemical manufacturing will begin in 2021. The project's first stage will comprise a 16,500 ton/year ethyl amines unit and a 9,900 ton/year dimethyl carbonate line, which is anticipated to cost more than USD20 million (DMC), according to an announcement in July 2020.
To increase the production of the fundamental chemical dimethyl carbonate and its derivatives, Ube Industries has announced in July 2019, the development of a new plant in the United States. The facility has the capacity to produce 20,000–30,000 tonnes/year of purified DMC in addition to 50,000 tonnes/year of DMC.
The EV Co. will concentrate on electric passenger cars with four wheels (4W). Mahindra & Mahindra stated in a statement to the Bombay Stock Exchange in July 2022 that the total capital injection for the EV Co. is anticipated to be around Rs. 8,000 crores/USD 1 billion between FY 2024 and FY 2027 for the proposed product range.
In order to encourage the development of modern battery manufacturing facilities and the usage of electric vehicles, the Indian government announced plans to invest USD4.6 billion in incentives in 2020.

Market Segmentation

Global Dimethyl Carbonate Market is segmented based on grade, method of preparation, application, end use, region. Based on grade, the market is divided into Industrial grade, Battery grade, pharmaceutical grade, Others. Based on method of preparation, the market is divided into phosgenation of methanol, oxidative carbonylation of methanol, transesterification of urea, and direct synthesis from CO₂ & Methanol. Based on application, the market is divided into polycarbonate, solvents, reagents, and others. Based on End Use, the market is divided into plastics, paint & coatings, pharmaceuticals, batteries, agrochemicals, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, Middle East & Africa.

Market Players

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. are some of the key players operating in the Global Dimethyl Carbonate Market.

Attribute	Details
Base Year	2022
Historic Data	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, Volume in Thousand Tonnes, and CAGR for 2018-2022 and 2023-2028
Report coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered	Grade Method of Preparation Application End Use
Regional scope	North America, Europe, Asia Pacific, South America, Middle East & Africa
Country scope	United States; Mexico; Canada; France; Germany; United Kingdom; Spain; Italy; Netherlands; Russia; China; India; South Korea; Japan; Taiwan; Thailand; Brazil; Argentina; South Africa; Saudi Arabia; UAE; Israel
Key companies profiled	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.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global dimethyl carbonate market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Dimethyl Carbonate Market, By Grade:

Industrial Grade
Battery Grade
Pharmaceutical Grade
Others

Dimethyl Carbonate Market, By Method of Preparation:

Phosgenation of Methanol
Oxidative Carbonylation of Methanol
Transesterification of Urea
Direct Synthesis from CO₂ & Methanol

Dimethyl Carbonate Market, By Application:

Polycarbonate
Solvents
Reagents
Others

Dimethyl Carbonate Market, By End Use:

Plastics
Paint & Coatings
Pharmaceuticals
Batteries
Agrochemicals
Others

Dimethyl Carbonate Market, By Region:

North America

United States
Mexico
Canada

Europe

France
Germany
United Kingdom
Spain
Italy
Netherlands
Russia

Asia-Pacific

China
India
South Korea
Japan
Taiwan
Thailand

South America

Brazil
Argentina

Middle East & Africa

South Africa
Saudi Arabia
UAE
Israel

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in Global Dimethyl Carbonate Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Dimethyl Carbonate Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Dimethyl Carbonate Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Grade (Industrial Grade, Battery Grade, Pharmaceutical Grade, Others)

5.2.2. By Method of Preparation (Phosgenation of Methanol, Oxidative Carbonylation of Methanol, Transesterification of Urea, Direct synthesis from CO₂ & Methanol)

5.2.3. By Application (Polycarbonate, Solvents, Reagents, Others)

5.2.4. By End Use (Plastics, Paint & Coatings, Pharmaceuticals, Batteries, Agrochemicals, Others)

5.2.5. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.6. By Company (2022)

5.3. Market Map

5.3.1. By Grade

5.3.2. By Method of Preparation

5.3.3. By Application

5.3.4. By End Use

5.3.5. By Region

6. North America Dimethyl Carbonate Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Grade

6.2.2. By Method of Preparation

6.2.3. By Application

6.2.4. By End Use

6.2.5. By Country

6.3. Pricing Analysis

6.4. North America: Country Analysis

6.4.1. United States Dimethyl Carbonate Market Outlook

6.4.1.1. Market Size & Forecast

6.4.1.1.1. By Value & Volume

6.4.1.2. Market Share & Forecast

6.4.1.2.1. By Grade

6.4.1.2.2. By Method of Preparation

6.4.1.2.3. By Application

6.4.1.2.4. By End Use

6.4.2. Mexico Dimethyl Carbonate Market Outlook

6.4.2.1. Market Size & Forecast

6.4.2.1.1. By Value & Volume

6.4.2.2. Market Share & Forecast

6.4.2.2.1. By Grade

6.4.2.2.2. By Method of Preparation

6.4.2.2.3. By Application

6.4.2.2.4. By End Use

6.4.3. Canada Dimethyl Carbonate Market Outlook

6.4.3.1. Market Size & Forecast

6.4.3.1.1. By Value & Volume

6.4.3.2. Market Share & Forecast

6.4.3.2.1. By Grade

6.4.3.2.2. By Method of Preparation

6.4.3.2.3. By Application

6.4.3.2.4. By End Use

7. Europe Dimethyl Carbonate Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Grade

7.2.2. By Method of Preparation

7.2.3. By Application

7.2.4. By End Use

7.2.5. By Country

7.3. Pricing Analysis

7.4. Europe: Country Analysis

7.4.1. France Dimethyl Carbonate Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value & Volume

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Grade

7.4.1.2.2. By Method of Preparation

7.4.1.2.3. By Application

7.4.1.2.4. By End Use

7.4.2. Germany Dimethyl Carbonate Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value & Volume

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Grade

7.4.2.2.2. By Method of Preparation

7.4.2.2.3. By Application

7.4.2.2.4. By End Use

7.4.3. United Kingdom Dimethyl Carbonate Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value & Volume

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Grade

7.4.3.2.2. By Method of Preparation

7.4.3.2.3. By Application

7.4.3.2.4. By End Use

7.4.4. Spain Dimethyl Carbonate Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Value & Volume

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Grade

7.4.4.2.2. By Method of Preparation

7.4.4.2.3. By Application

7.4.4.2.4. By End Use

7.4.5. Italy Dimethyl Carbonate Market Outlook

7.4.5.1. Market Size & Forecast

7.4.5.1.1. By Value & Volume

7.4.5.2. Market Share & Forecast

7.4.5.2.1. By Grade

7.4.5.2.2. By Method of Preparation

7.4.5.2.3. By Application

7.4.5.2.4. By End Use

7.4.6. Netherlands Dimethyl Carbonate Market Outlook

7.4.6.1. Market Size & Forecast

7.4.6.1.1. By Value & Volume

7.4.6.2. Market Share & Forecast

7.4.6.2.1. By Grade

7.4.6.2.2. By Method of Preparation

7.4.6.2.3. By Application

7.4.6.2.4. By End Use

7.4.7. Russia Dimethyl Carbonate Market Outlook

7.4.7.1. Market Size & Forecast

7.4.7.1.1. By Value & Volume

7.4.7.2. Market Share & Forecast

7.4.7.2.1. By Grade

7.4.7.2.2. By Method of Preparation

7.4.7.2.3. By Application

7.4.7.2.4. By End Use

8. Asia-Pacific Dimethyl Carbonate Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Grade

8.2.2. By Method of Preparation

8.2.3. By Application

8.2.4. By End Use

8.2.5. By Country

8.3. Pricing Analysis

8.4. Asia-Pacific: Country Analysis

8.4.1. China Dimethyl Carbonate Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Grade

8.4.1.2.2. By Method of Preparation

8.4.1.2.3. By Application

8.4.1.2.4. By End Use

8.4.2. India Dimethyl Carbonate Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Grade

8.4.2.2.2. By Method of Preparation

8.4.2.2.3. By Application

8.4.2.2.4. By End Use

8.4.3. South Korea Dimethyl Carbonate Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Grade

8.4.3.2.2. By Method of Preparation

8.4.3.2.3. By Application

8.4.3.2.4. By End Use

8.4.4. Japan Dimethyl Carbonate Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value & Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Grade

8.4.4.2.2. By Method of Preparation

8.4.4.2.3. By Application

8.4.4.2.4. By End Use

8.4.5. Taiwan Dimethyl Carbonate Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value & Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Grade

8.4.5.2.2. By Method of Preparation

8.4.5.2.3. By Application

8.4.5.2.4. By End Use

8.4.6. Thailand Dimethyl Carbonate Market Outlook

8.4.6.1. Market Size & Forecast

8.4.6.1.1. By Value & Volume

8.4.6.2. Market Share & Forecast

8.4.6.2.1. By Grade

8.4.6.2.2. By Method of Preparation

8.4.6.2.3. By Application

8.4.6.2.4. By End Use

9. South America Dimethyl Carbonate Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Grade

9.2.2. By Method of Preparation

9.2.3. By Application

9.2.4. By End Use

9.2.5. By Country

9.3. Pricing Analysis

9.4. South America: Country Analysis

9.4.1. Brazil Dimethyl Carbonate Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Grade

9.4.1.2.2. By Method of Preparation

9.4.1.2.3. By Application

9.4.1.2.4. By End Use

9.4.2. Argentina Dimethyl Carbonate Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Grade

9.4.2.2.2. By Method of Preparation

9.4.2.2.3. By Application

9.4.2.2.4. By End Use

10. Middle East and Africa Dimethyl Carbonate Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Grade

10.2.2. By Method of Preparation

10.2.3. By Application

10.2.4. By End Use

10.2.5. By Country

10.3. Pricing Analysis

10.4. MEA: Country Analysis

10.4.1. South Africa Dimethyl Carbonate Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value & Volume

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Grade

10.4.1.2.2. By Method of Preparation

10.4.1.2.3. By Application

10.4.1.2.4. By End Use

10.4.2. Saudi Arabia Dimethyl Carbonate Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value & Volume

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Grade

10.4.2.2.2. By Method of Preparation

10.4.2.2.3. By Application

10.4.2.2.4. By End Use

10.4.3. UAE Dimethyl Carbonate Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value & Volume

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Grade

10.4.3.2.2. By Method of Preparation

10.4.3.2.3. By Application

10.4.3.2.4. By End Use

10.4.4. Israel Dimethyl Carbonate Market Outlook

10.4.4.1. Market Size & Forecast

10.4.4.1.1. By Value & Volume

10.4.4.2. Market Share & Forecast

10.4.4.2.1. By Grade

10.4.4.2.2. By Method of Preparation

10.4.4.2.3. By Application

10.4.4.2.4. By End Use

11. Market Dynamics

11.1. Drivers

11.1.1. Increasing use of Dimethyl Carbonate in the Chemical Industry

11.1.2. Replace toxic chemical and use as fuel additive

11.1.3. Reduce carbon emission and greater green chemical output

11.2. Challenges

11.2.1. Fluctuations in price of oil & gas increase raw material cost

11.2.2. Technical difficulties involved in producing the desired grade of DMC

12. Market Trends & Developments

12.1. Recent Developments

12.2. Merger & Acquisitions

12.3. Product Launches

13. Global Dimethyl Carbonate Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Business Overview

15.2. Product Offerings

15.3. Recent Developments

15.4. Financials (As Reported)

15.5. Key Personnel

15.6. SWOT Analysis

15.6.1. UBE Industries LTD.

15.6.2. Shandong Shida Shenghua Chemical Group Co., Ltd.

15.6.3. KOWA American Corporation

15.6.4. Qingdao Aspirit Chemical Co., Ltd.

15.6.5. Shandong Haike Chemical Industry Group Co Ltd.

15.6.6. Shandong Depu Chemical Industry Science & Technology Co., Ltd.

15.6.7. Dongying City Longxing Chemical Co., Ltd.

15.6.8. Shandong Feiyang Chemical Co., Ltd.

15.6.9. Alfa Aesar

15.6.10. Hefei TNJ Chemical Industry Co., Ltd.

16. Strategic Recommendations

Figures and Tables

Frequently asked questions

What are the key drivers for Global Dimethyl Carbonate Market?

The industrial grade, battery grade, pharmaceutical grade, and others are the major drivers for Global Dimethyl Carbonate Market.

Who are the top players operating in Global Dimethyl Carbonate Market?

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. are the key players operating in Global Dimethyl Carbonate Market.

Which application type is expected to dominate the Global Dimethyl Carbonate Market in the forecast period?

Based on application, the market is divided into Polycarbonate, Solvents, Reagents, and Others. The Polycarbonate segment is expected to dominate in the forecast period as they are highly demanded by the automotive sector.

Which region is expected to account for the largest share in Global Dimethyl Carbonate Market?

The Asia Pacific region is dominating the market because of high demand for polycarbonates in the electronics & automobile industry and is expected to maintain its dominance over the next five years.

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Press Release

Dimethyl Carbonate Market to be Dominated by Battery Grade Segment Through 2028

Dec, 2022

Rising adoption of battery grade is expected to drive the demand dimethyl carbonate market in the forecast period, 2024-2028.

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