Dimethyl Carbonate Market Dynamics: Surpassing US $ 1295.06 Million by 2030

By 2030, the Dimethyl Carbonate Market is expected to reach US $ 1295.06 Million, thanks to growth in the Grade, Application, and End-use industry segment. The report analyzes market dynamics by region and end-user industries.

 

Dimethyl Carbonate  Market Overview:

The purpose of this study is to provide an in-depth analysis of the   Dimethyl Carbonate Market by component, application, industry, and geography. The study provides detailed information on the major factors influencing the growth of the  Dimethyl Carbonate    industry. The study also provides a thorough examination of the market’s value chain.

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Dimethyl Carbonate  Market Scope:

The research method used to assess and forecast the  Dimethyl Carbonate    market begins with gathering revenue data from key suppliers using secondary research sources. When defining market segmentation, vendor offerings are also considered. Using the bottom-up method, the income of major corporations was utilized to assess the total size of the  Dimethyl Carbonate    market.

Dimethyl Carbonate   Market Drivers:

The growing demand for polycarbonate (PC) and lithium batteries from the various industries is driving and expected to drive the growth of the DMC market over the forecast period respectively. Along with its biodegradability, polarity, and reactivity, dimethyl carbonate is becoming a popular raw material for the manufacturing of polycarbonates, gasoline additives, and cleaning solvents. It is an eco-friendly alternative when assembling polycarbonates since it does not produce hazardous phenols or acids.

With rapid advancements in polycarbonate production and lithium batteries, players in the dimethyl carbonate market are unlocking income possibilities. Thus, the global dimethyl carbonate market is expected to grow with a CAGR of  over the forecast period thanks to the high demand for DMC in polycarbonate production and lithium batteries. Also, the growing demand for DMC from paints and coatings industries to manufacture water-based organic paints is expected to drive market growth over the forecast period.

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Dimethyl Carbonate    Market Segmentation:

by Grade

Battery grade (>99.9% by weight)
Industrial grade (>99.0% by weight)
Pharmaceutical grade (>99.5% by weight)

by Application

Electrolyte for battery/super-capacitors/dry solar cells
Intermediate
Solvent
Polycarbonate production
Fuel additive
Others

by End-use

industry Plastic
Paint & Coating
Battery
Adhesive & Sealant
Pharmaceutical
Agrochemical
Ink
Energy
Food & Beverage

Dimethyl Carbonate Market Key Players are:

1. Ube Industries Limited
2. Merck KGaA
3. Kowa American Corporation
4. Kishida Chemical Co. Limited
5. Shandong Shida Shenghua Chemical Group Co. Limited
6. Guangzhou Tinci Materials Technology Co. Limited
7. Shandong Haike Chemical Group
8. Arrow Chemical Group Corporation
9. Panax Etec
10.Henan GP Chemicals Co. Limited
11.Wego Chemical Group
12.Aceto Corporation
13.Alfa Aesar
14.Connect Chemicals
15.Silver Fern Chemicals
16.Hefei TNJ Chemical Industry Co. Limited
17.Kindun Chemical Co. Limited
18.Tokyo Chemical Industry Co. Limited
19.Qingdao Aspirit Chemical Co. Limited
20.Others

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Dimethyl Carbonate    Market Regional Analysis:

Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.

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Key Questions Answered in the  Dimethyl Carbonate    Market Report are:

  • Which segment had the largest share in the  Dimethyl Carbonate    market?
  • How is the competitive scenario of the  Dimethyl Carbonate    market in 2020?
  • Which are the key drivers impacting the  Dimethyl Carbonate    market growth?
  • Which region holds the maximum share in the  Dimethyl Carbonate    market?
  • What will be the CAGR of the  Dimethyl Carbonate    market during the forecast period (2021-2027)?

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Mutekar Niranka

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