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Dimethyl Carbonate Market 2019-2024: Akzo Nobel, Merck, UBE INDUSTRIES, HaiKe Chemical Group, TONGLING JINTAI CHEMICAL INDUSTRIAL, Alfa Aesar, Thermo Fisher Scientific

08-08-2019 04:53 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Hive Research

Dimethyl Carbonate Market

Dimethyl Carbonate Market

The Dimethyl Carbonate Market research report provides regional market analysis with production, sales, trade & regional forecast. it also provides market investment plan like product features, price trend analysis, channel features, purchasing features, regional & industry investment opportunity, cost & revenue calculation, economic performance evaluation etc.
Market Segment by Companies, this report covers
Akzo Nobel, Merck, UBE INDUSTRIES, HaiKe Chemical Group, TONGLING JINTAI CHEMICAL INDUSTRIAL, Alfa Aesar, Thermo Fisher Scientific, Dongying City Longxing, Chaoyang Chemicals, PANAX ETEC etc
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The growing production of polycarbonate on account of increasing demand in the automotive and electronics industries is likely to propel the global dimethyl carbonate (DMC) market growth, as DMC is largely used in the production of polycarbonate. It is considered as a greener alternative for manufacturing polycarbonates as it does not generate phenols or acids. Moreover, increasing concerns for eco-friendly production of thermoplastics has further boosted the DMC production. In addition, growing environmental concerns and stringent regulations to protect environmental health along with significant competitive advantages of DMC are propelling the global market growth.
Dimethyl carbonate or DMC (CH3OC(O)OCH3) is a non-toxic organic compound, which has versatile properties and exhibits high reactivity to chemicals and metals. It is generally colorless, flammable, and distinguished as a carbonate ester.
DMC is highly popular among various end-users due to its eco-friendly nature and low price. It is also used as a fuel additive and can replace ethanol due to its low toxicity, low vapor pressure, high boiling point, non-hygroscopic, and fully miscible components. DMC is more beneficial in comparison to other methylating reagents such as iodomethane and dimethyl sulfate due to its biodegradability property. Manufacturers are now producing DMC from catalytic oxidative carbonylation of methanol with carbon monoxide and oxygen, which is non-toxic in nature unlike phosgene.
The dimethyl carbonate market is highly concentrated and characterized by the presence of few key players. A large number of small start-ups are trying to enter the market. The technological advances and competitive prices of the products will strengthen the competitive scenario of the market. Companies are trying to survive in the market and grow popular with time through heavy investments in research and developmental activities.
This report focuses on the Dimethyl Carbonate Market in global market, especially in United States, China, Europe, Japan, Southeast Asia, India and more.
Market Segment by Type, covers

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