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AkzoNobel, Merck, Sigma-Aldrich, Alfa Aesar Dimethyl Carbonate Market to cross $738.2mn by 2024 | Haike Chemical Group Ltd, Dongying Qihai Petroleum Engineering Co., Ltd

Dimethyl Carbonate Market

Dimethyl Carbonate Market

Dimethyl Carbonate Market size was valued over USD 410 million in 2015 and is forecast to experience gains exceeding 5% CAGR by 2024. Robust growth in the polycarbonate industry on account of its widespread applications in the end user industries such as automotive and electronics, is analyzed to be the key factor stimulating dimethyl carbonate market size growth by 2024. In 2015, the global polycarbonate business generated revenue over USD 14 billion and is estimated to surpass USD 22 billion by the end of 2024, with projected growth more than 5%.

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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.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

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