Dimethyl Carbonate (DMC) Market to Witness Huge Growth by 2022: Key Players - Sabic Spain, Bayer, Lotte, Chimei, UBE, Shida Shenghua, Tongling Jintai Chemical, Taizhou Linggu, Shandong Wells Chemicals and Hi-tech Spring

Global Dimethyl carbonate (DMC) Market Overview
Dimethyl carbonate or DMC of chemical formula C3H6O3 is a versatile chemical having desirable properties, such as low toxicity and improved solvency. It is a pale white, flammable, highly reactive and odorless chemical. It was first manufactured by the reaction of methanol with phosgene, but because of the extreme toxicity of phosgene, the chemical is now manufactured by other methods such as trans-esterification or oxidation of methanol carboxylation. Dimethyl carbonate is primarily used as a methylation agent in the synthesis of vitamins, anti-infective drugs, central nervous system drugs, and analgesic and antipyretic drugs. It is used to make methyl isocyanate, a precursor for the manufacture of carbamate pesticides, in the pesticide industry. It is an ecological compound that can be used in the production of various chemicals as a solvent. It has been known as an organic solvent since its invention in 1950. It has several advantages over conventional organic solvents, such as ester acetates and others.

Global Dimethyl Carbonate (DMC) Market predicted to reach USD 1102 Miillion by 2022 from USD 935 Million in 2016 growing at a CAGR of 3.15% during the forecast period.

Avail Sample of the report @ https://www.researchcosmos.com/request/global-dimethyl-carbonate-dmc-market-report-2017-indu/9731785

Drivers and Restraints:
The booming expansion of some of the major end-user industries of dimethyl carbonate is one of the key factors that lead to the steady increase in demand and consumption of this organic compound. Manufacturers also increasingly prefer dimethyl carbonate as a solvent over other toxic reagents such as phosgene. The uses of dimethyl carbonate in the production of antibiotics, such as ciprofloxacin and carbadox, and pesticides have also been constantly expanding in recent years and these applications continue to be lucrative for the market.

Geographic Segmentation:
On the basis of geography, Global Insect Repellent Market is segmented into regions such as North America, Latin America, Europe, Middle East and Africa, and Asia Pacific. Asia-Pacific represented the dominant part of the global market for dimethyl carbonate in 2016, both in terms of volume and value. In China and Japan, dimethyl carbonate is mainly used in the production of polycarbonates, while in India it is consumed mainly by the pharmaceutical industry for the manufacture of antibiotics such as ciprofloxacin and enrofloxacin. Europe is the second largest share of the global dimethyl carbonate market in 2016. North America accounted for more than 20% of the global market in 2016. It is estimated that its share will decrease and its growth rate will be recorded by the end of the forecast period. It is also expected that the dimethyl carbonate market in Latin America and the Middle East and Africa will grow slowly during the forecast period.

Browse More Details and TOC @ https://www.researchcosmos.com/reports/global-dimethyl-carbonate-dmc-market-report-2017-industry-analysis-trends-and-market-overvie/9731785

Key Players in Global Dimethyl carbonate (DMC) Market:
Major players competing in the market include Sabic Spain(SP), Bayer(GE), Lotte(KR), Chimei(TW), UBE(JP), Shida Shenghua(CN), Tongling Jintai Chemical(CN), Taizhou Linggu(CN), Shandong Wells Chemicals(CN) and Hi-tech Spring(CN)

Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.

The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

Make an Inquiry before buying @ https://www.researchcosmos.com/inquire/global-dimethyl-carbonate-dmc-market-report-2017-indu/9731785

Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.com/
kevin@researchcosmos.com
+1 888 709 8757

This release was published on openPR.