Global dimethyl carbonate market is expected to grow at an impressive rate through 2028. 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. 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.  According to announcement in December 2019, India Energy Storage Alliance (IESA),Indian EVs market will grow at a CAGR of 36% by 2026.

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.

Additionally, the growing demand from agrochemical, pharma, plastics are the crucial factors responsible for market growth. Thus, the need for the global dimethyl carbonate market is expected to rise 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 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.

Strategic Developments

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.


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Market Segmentation

Global Dimethyl Carbonate Market is segmented based on grade, method of preparation, application, end use, region, and competitive landscape. 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.

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).
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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