Dimethyl Carbonate (DMC) Market Insights, Industry Outlook, Growth Trends and Demand 2022- Sabic, LOTTE, Mitsubishi Chemical, UBE, Shida Shenghua, Tongling Jintai Chemical

The Latest report about the Dimethyl Carbonate (DMC) market provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Dimethyl Carbonate (DMC) market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully established its position.

In 2020, the global Dimethyl Carbonate (DMC) market size was US$ 849 million and it is expected to reach US$ 1348.6 million by the end of 2027, with a CAGR of 6.8% during 2021-2027.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Sabic, LOTTE, Mitsubishi Chemical, UBE, Shida Shenghua, Tongling Jintai Chemical, Shandong Wells Chemicals, Hi-tech Spring, Shandong Depu Chemical, CNSG Anhui Redsifang, Liaoning Oxiranchem

News and Updates

In May 2021, Lotte Chemical, a South Korean chemical firm, began manufacturing electrolyte organic solvents with ethylene oxide for use in electric vehicle batteries.

In July 2020, India's Balaji Amines announced that it expects to commission phase 1 of its new Greenfield Chemicals Complex in 2021. The nationwide lockdown, however, delayed the project construction. The expansion of the plant was primarily prompted by the increasing demand for dimethyl carbonate in India.

Market Overview

Dimethyl carbonate, also named DMC, is an organic compound with the formula OC (OCH3)2. It is a colorless and flammable liquid. Dimethyl carbonate is an all-round chemical that displays desirable  characteristics for instance good solvency and low toxicity.  In terms of physical appearance, it is an inflammable, scentless chemical with a pallid appearance. It exhibits high reactivity with other chemicals. Earlier, dimethyl carbonate was produced by the reaction of methanol with phosgene but due to intense toxicity of phosgene, the chemical is now produced through other methods for instance transesterification or the copper catalyzed. Dimethyl carbonate has various applications in end-use industries. Dimethyl carbonate is widely used as a solvent in the paints and coatings industry because of its desirable chemical characteristics.

Sabic, LOTTE, Mitsubishi Chemical, UBE and Shida Shenghua are the leaders of the Dimethyl Carbonate (DMC) industry, which take about 40% market share. China is the major region of the global market, which takes about 55% market share.

Dimethyl Carbonate (DMC) Market Segmentation:

Breakdown Data by Type

Polycarbonate

Battery Solvent

Other Solvent

Pesticide

Others

Dimethyl Carbonate (DMC) Breakdown Data by Application

Industrial Grade

Battery Grade

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Dimethyl Carbonate (DMC) market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

Strategic Points Covered in TOC:

The report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the Dimethyl Carbonate (DMC) industry development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.

Dimethyl Carbonate (DMC) market research includes the methodical description of the various factors such as the market growth and detailed information about the different company's revenue, technological developments, production, and the various other strategic developments. The regional spaces of significant components, including the capacity, cost, price, technology, supplies, profit, and competition are analyzed.

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Dimethyl Carbonate (DMC) Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Dimethyl Carbonate (DMC) market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Dimethyl Carbonate (DMC) market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Dimethyl Carbonate (DMC) Market report.

Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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