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Dimethyl Carbonate Market worth $1.76 billion by 2030, growing at a CAGR of 6.12% - Exclusive Report by 360iResearch

03-15-2024 07:46 AM CET | Chemicals & Materials

Press release from: 360iResearch

Dimethyl Carbonate Market | 360iResearch

Dimethyl Carbonate Market | 360iResearch

The "Dimethyl Carbonate Market by Synthesis (Direct Synthesis From Co2, Ethylene Carbonate Transesterification Process, Methanol Phosgenation), Application (Battery Electrolyte, Electrolyte for Dye-Sensitized Solar Cells, Electrolyte for Supercapacitors), Grade, End-Use Industry - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Dimethyl Carbonate Market to grow from USD 1.16 billion in 2023 to USD 1.76 billion by 2030, at a CAGR of 6.12%.

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The dimethyl carbonate is a versatile chemical compound featuring both carbonate and methyl functionalities. Known for its low toxicity and environmentally friendly profile, DMC is used as a solvent, reagent, and intermediate in various industrial applications such as pharmaceuticals, polycarbonate production, and fuel additives. Stringent environmental standards that demand low-VOC solutions and a surge in the production of biodegradable plastics are driving the demand for dimethyl carbonate. The burgeoning electric vehicle market that needs advanced battery components is further driving the market growth of dimethyl carbonate. Rising breakthroughs in pharmaceutical manufacturing are further creating a platform for the dimethyl carbonate market. The volatility of raw material prices, such as methanol and phosgene, is hindering the market growth. The development of innovative synthesis methods potentially lowering production costs is expected to create opportunities for market growth. Searching for alternative feedstock sources, such as carbon dioxide, to create a greener production pathway for DMC is expected to fuel market growth in upcoming years.

The Asia-Pacific region is a pivotal market for Dimethyl Carbonate (DMC), led by China, Japan, and India. This region exhibits high consumer need due to the extensive application of DMC in various industries, including plastics, paints and coatings, and electronics, particularly for lithium-ion batteries. The Asia-Pacific market is characterized by significant manufacturing and exporting activities, with China being the largest producer and exporter of DMC globally. The Americas region, particularly the United States and Canada, is another crucial market for DMC, with significant consumption in the automotive, electronics, and pharmaceutical sectors. In the US, consumer need is driven by technological advancements, with increasing demand for high-quality products that meet stringent environmental standards. The customer purchasing behavior leans toward sustainable and bio-based products, mirroring the global trend. The United States has seen growing investments in research aimed at expanding the application scope of DMC, especially in pharmaceuticals and biodegradable polymers. Regulatory initiatives, such as the Toxic Substances Control Act (TSCA), influence market operations and consumer behavior significantly. The Europe, Middle East, and Africa (EMEA) region presents a diverse market landscape for DMC. In EU countries, market growth is primarily propelled by stringent environmental regulations, encouraging the replacement of traditional solvents with greener alternatives such as DMC. The demand in the European market is largely associated with the pharmaceutical and paints and coatings industries.

Market Segmentation & Coverage:

This research report categorizes the Dimethyl Carbonate Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Synthesis, market is studied across Direct Synthesis From Co2, Ethylene Carbonate Transesterification Process, Methanol Phosgenation, Oxidative Carbonylation of Methanol, Oxidative Carbonylation of Methanol Via Methyl Nitrate, and Urea Transesterification. The Direct Synthesis From Co2 commanded largest market share of 25.01% in 2023, followed by Oxidative Carbonylation of Methanol.

Based on Application, market is studied across Battery Electrolyte, Electrolyte for Dye-Sensitized Solar Cells, Electrolyte for Supercapacitors, Fuel Additives, Polycarbonate Synthesis, Reagents, and Solvents. The Polycarbonate Synthesis is further studied across Methoxycarbonylation Agent and Methylating Agent. The Polycarbonate Synthesis commanded largest market share of 36.11% in 2023, followed by Solvents.

Based on Grade, market is studied across Battery Grade, Industry Grade, and Pharmaceutical Grade. The Industry Grade commanded largest market share of 71.34% in 2023, followed by Battery Grade.

Based on End-Use Industry, market is studied across Agrochemicals, Batteries, Paints & Coatings, Pharmaceuticals, and Plastics. The Paints & Coatings commanded largest market share of 38.21% in 2023, followed by Plastics.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 43.11% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Dimethyl Carbonate Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Dimethyl Carbonate Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Dimethyl Carbonate Market, highlighting leading vendors and their innovative profiles. These include Aarsha Chemicals Private Limited, Akzo Nobel N.V., Asahi Kasei Corporation, Balaji Amines Limited, Connect Chemicals GmbH, Dongwha Group, Dongying City Longxing Chemical Co., Ltd., Dongying Hi-Tech Spring Chemical Industrial Co., Ltd., Dongying Rich Chemical Co., Ltd., EMCO Dyestuff Pvt. Ltd., Haihang Industry Co.,Ltd., Hebei New Chaoyang Chemical Stock Co., LTD., Hefei TNJ Chemical Industry Co., Ltd., Kindun Chemical Co.,Limited, Kishida Chemical Co., Ltd., Kowa Company, Ltd., LobaChemie Pvt. Ltd., Lotte Chemical Corporation, Merck KGaA, Otto Chemie Pvt. Ltd., Shandong Depu Chemical Industry Science & Technology Co., Ltd., Shandong Wells Chemicals Co., Ltd., Tokyo Chemical Industry Co., Ltd., and UBE Corporation.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Dimethyl Carbonate Market, by Synthesis
7. Dimethyl Carbonate Market, by Application
8. Dimethyl Carbonate Market, by Grade
9. Dimethyl Carbonate Market, by End-Use Industry
10. Americas Dimethyl Carbonate Market
11. Asia-Pacific Dimethyl Carbonate Market
12. Europe, Middle East & Africa Dimethyl Carbonate Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Dimethyl Carbonate Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Dimethyl Carbonate Market?
3. What is the competitive strategic window for opportunities in the Dimethyl Carbonate Market?
4. What are the technology trends and regulatory frameworks in the Dimethyl Carbonate Market?
5. What is the market share of the leading vendors in the Dimethyl Carbonate Market?
6. What modes and strategic moves are considered suitable for entering the Dimethyl Carbonate Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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