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Dimethyl Carbonate Market Forecast Industry Size Share Analysis Report 2024 | AkzoNobel, Merck, Sigma-Aldrich, Alfa Aesar, Haike Chemical Group Ltd, Dongying Qihai Petroleum Engineering Co., Ltd
Dimethyl Carbonate Market
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Business growth is mainly attributed to the increasing automotive and electronic gadgets including cell phones and other appliances on account of increasing customer disposable income and upgrading lifestyles. High light transmission, creep modulus, electrical insulation, thermal resistance and dimensional stability are some PC physical characteristics which makes them preferred in vehicle parts.
Growing paints & coatings industry mainly due to escalating construction sector will positively influence the global dimethyl carbonate market. The product is an economic and offers superior solubility characteristics. In 2015, paints & coatings industry generated revenue more than USD 110 billion and is forecast to touch USD 165 billion by 2024, with close to 4% growth. Increasing paints & coatings demand owing to its broad application spectrum in construction, automotive parts and industrial will consequently propel the dimethyl carbonate market.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. AkzoNobel
2. UBE Industries Limited
3. Tangshan Chaoyang Chemical Co., Ltd.
4. Haike Chemical Group Ltd
5. Merck
6. Alfa Aesar
7. Sigma-Aldrich
8. Shandong Shida Shenghua Chemical Group Co., Ltd.
9. Dongying Qihai Petroleum Engineering Co., Ltd
10. All-Chemie Ltd
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Global dimethyl carbonate market share is experiencing inclining growth in the past few years owing to its environment friendly chemical regulations and its competitive price. Its manufacturing technology requires to undergo various stringent guidelines formulated by the license providers, this may hamper industry growth during the forecast period. Furthermore, difficulty synced with technology implementation may further obstruct growth. However, increasing product capability to substitute ethanol as a fuel additive, mainly due to its low toxicity, low vapor pressure and high boiling point will complement industry growth significantly. It also exhibits valued added emission characteristics making it desirable to find application in transportation fuel.
Global Dimethyl Carbonate Market By Application
• Polycarbonate
• Solvent
• Pharmaceutical
• Pesticide
• Others
Browse key industry insights spread across 105 pages with 89 market data tables & 12 figures & charts from the report, “Dimethyl Carbonate Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/dimethyl-carbonate-market
Solvent applications will expand at over 6% CAGR from 2016 to 2024. The product offers high solubility, evaporation rate and odor, which makes it suitable to find usage in paints & coatings industry. In addition, the product can be used in architectural coatings, architectural coatings and steel drum linings owing to boost business growth.
Asia Pacific, particularly led by India China and Indonesia, dominated the dimethyl carbonate market size in 2015. The regional growth was mainly propelled by growing end user industries, including construction and electronics, particularly due to increasing consumer disposable income.
In 2015, the global dimethyl carbonate market was moderately fragmented. Some of the product manufacturer contributing the industry share includes AkzoNobel, EMD Millipore Corporation, UBE Industries, HaiKe Chemical Group, Tangshan Chaoyang Chemical and Dongying City Longxing.
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