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(2023-2032) Dimethyl Carbonate Global Market Trends And Forecast Report | By Types, Applications, Regions And Players Include Shandong Haike Chemical Industry Group Co. Ltd., Kowa American Corp., Shandong Wells Chemicals Co. Ltd., Qingdao Aspirit Chemical
Dimethyl Carbonate Global Market
Dimethyl Carbonate Market Size, Growth Rate, And Forecast
The global dimethyl carbonate market size is expected to grow from $1.01 billion in 2022 to $1.07 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The dimethyl carbonate market is expected to grow to $1.33 billion in 2027 at a CAGR of 5.6%.
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Dimethyl Carbonate Market Drivers
The increased demand for lithium-ion batteries is expected to propel the growth of the dimethyl carbonate market. The lithium-ion (Li-ion) battery is a modern technology that relies on lithium ions in its electrochemistry. Dimethyl carbonate is used as an electrolyte in lithium batteries to increase the octane number instead of MTBE (Methyl tart-butyl ether).
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Dimethyl Carbonate Market Segments
• By Grade: Industry Grade (>99.0 weight %), Pharmaceutical Grade (>99.5 weight %), Battery Grade (>99.9 weight %)
• By Application: Polycarbonate Synthesis, Battery Electrolyte, Solvents, Reagents, Other Applications (Fuel Additives, Electrolyte for Supercapacitors, Electrolyte for Dye-synthesized Solar Cells)
• By End-Use Industry: Plastics, Paints and Coating, Pharmaceuticals, Battery, Agrochemicals, Other End-Use Industries (Adhesives & Sealants, Ink, Food & Beverages, and Energy)
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Dimethyl Carbonate market.
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Dimethyl Carbonate Market Key Players
Major competitors in the Dimethyl Carbonate market include Shandong Haike Chemical Industry Group Co. Ltd., Kowa American Corp., Shandong Wells Chemicals Co. Ltd., Qingdao Aspirit Chemical Co. Ltd., Shandong Feiyang Chemical Co. Ltd., Haike Chemical Group, Kindun Chemical Co. Limited, Hefei TNJ Chemical Industry Co. Ltd., Arrow Chemical Group Corp.
The Business Research Company's "Global Dimethyl Carbonate Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Dimethyl Carbonate Market Include:
1. Executive Summary
2. Dimethyl Carbonate Market Characteristics
3. Dimethyl Carbonate Market Trends And Strategies
4. Dimethyl Carbonate Market - Macro Economic Scenario
5. Dimethyl Carbonate Market Size And Growth
……….
28. Key Mergers And Acquisitions In The Dimethyl Carbonate Market
29. Dimethyl Carbonate Market Future Outlook and Potential Analysis
30. Appendix
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