Dimethyl Carbonate Market 2018 | Dominant Players - BASF SE, Thermo Fisher Scientific., Tongling Jintai Chemical Industrial Co., Tangshan Chaoyang Chemical, Arrow Chemical Group Corporation, Kowa India Pvt. and Shandong Shida Shenghua Chemical Group

Dimethyl Carbonate Market – Overview

Dimethyl Carbonate find usage in some of the end use application such as solvent, pharmaceuticals, polycarbonate, fuel additive, pesticide, and others. The Dimethyl Carbonate Market is projected to witness moderate growth due to their unique properties combined with excellent usage in various end use industries specifically in automotive, building & construction, pharmaceutical, and others. Among the end use application segment, in 2016, polycarbonate accounted for the largest end use application segment and is estimated to retain their dominance due to the continuous growth of automotive industry in developing countries. The factors attributed to the DMC market growth are continuous growth of building & construction sector in emerging economies, rising automotive production & sales, and high adoption rate in various end use industries. Furthermore, expanding electrical & electronics sector in emerging economies and rising agriculture sector combined with Dimethyl Carbonate based products is expected to propel the growth of the market over the estimated period.

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Regionally, Asia Pacific is anticipated to hold the largest Dimethyl Carbonate Market share in 2016 which is followed by Europe and further trailed by North America. In North America the Dimethyl Carbonate Market is estimated to exhibit moderate growth over the assessment period owing to substantial growth of medical and pharmaceutical sector in this region. Asia Pacific is predicted to witness significant growth during the review period in Dimethyl Carbonate Market on account of rising application of dimethyl carbonate in various end use industries. In Asia Pacific, the demand for Dimethyl Carbonate is projected to enhance in numerous countries such as Indonesia, the Philippines, Taiwan, India, Japan, South Korea, and China due to increasing population combined with shifting of production facilities for most of the major market players in this region. In Europe, Dimethyl Carbonate Market is estimated to register moderate growth due to shifting consumer preference towards the Dimethyl Carbonate combined with high adoption rate in building & construction, transportation, medical, and healthcare sector specifically in Germany, Poland, Spain, France, Italy, Belgium, UK, and Russia.

Industry/ Innovation/ Related News:

March 2016- Ube Industries Ltd, a leading manufacturer of dimethyl carbonate announced to establish agreement with Anhui Hong Sifang Co., Ltd. To license their technology for production of dimethyl carbonate. The company will construct a new manufacturing plant with an annual production capacity of 100,000 tonnes. With this capacity expansion the company will strengthen their position among the dimethyl carbonate manufacturers.

May 2017- Shrieve Chemical Company announced to acquisition of assets of MC International LLC DBA Miami Chemical. This strategic move will help company to expand their global reach.

Competitive Landscape

The Dimethyl Carbonate Report has analysed the degree of competition among the major manufacturers in Dimethyl Carbonate Market as well as sector growth and market scenario. The Global Dimethyl Carbonate Market comprises of broad range of producers operating in the market which comprises of medium level and large scale manufacturers. Some of the key players of dimethyl carbonate which has strong hold in the market have shifted their focus towards growth association specifically by Asia Pacific as moderate level and high level suppliers belongs to this province specifically from Japan, Australia, China, South Korea, the Philippines, Malaysia, Taiwan, India, and Thailand. Furthermore, the major operating players of Dimethyl Carbonate are observed to follow various strategic plans to enhance their product portfolio such as distribution agreements, joint ventures, product launches, strategic acquisition, and mergers, and exclusive agreements. Key major manufacturers in this market are projected to enhance their manufacturing capacity of Dimethyl Carbonate to meet the increasing demand for Dimethyl Carbonate across the globe.

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