Global Dimethyl Carbonate (DMC) Market, 2024-2030

Dimethyl carbonate (DMC) is an organic compound (OC(OCH3)2) classified as a carbonate ester. It’s appears as a clear, colorless liquid with a pleasant odor. It is denser than water and slightly soluble in water. Vapors are heavier than air. Used to make other chemicals and as a special purpose solvent. Dimethyl carbonate is categorized as volatile organic compounds (VOC) compound in the USA and it is a comparatively weak methylating agent than the conventional reagents. It has recently found use as a methylating reagent. Its main benefit over other methylating reagents such as iodomethane and dimethyl sulfate is its lesser toxicity and its biodegradability. Also, it is now prepared from catalytic oxidative carbonylation of methanol with carbon monoxide and oxygen, instead of from phosgene making its production non-toxic and environmentally friendly. This allows dimethyl carbonate to be considered a green reagent.

Dimethyl carbonate is an environmentally friendly solvent used to make coatings, adhesives, and cleaning agents. DMC is also used as a raw material for organic synthesis, and in reactions that include methylation, carbonylation, and carbomethoxylation. Dimethyl carbonate is used as an electrolyte in lithium ion batteries. Dimethyl carbonate is used as an intermediate in the manufacturing of polycarbonates which employed to industries such as automotive and electrical & electronics as an engineering plastic material due to its superior physical properties such as heat resistance, impact resistance, structural stability, and optical transparency.

The global dimethyl carbonate (DMC) market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global dimethyl carbonate (DMC) market is growing at a fast pace and increasing its geographical footprint rapidly. The global dimethyl carbonate (DMC) market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.

The growth is comparatively higher in Asia Pacific region due to expansion of pharmaceutical, automotive, and electrical, electronics industries. The major growth driver for dimethyl carbonate (DMC) market is the increasing applications in the pharmaceutical industry for the manufacturing of drugs, agricultural industry for eco-friendly pesticides. Also, it can be used in the synthesis of central nervous system drugs, anti-infection drugs, antipyretic drugs, vitamins, analgesics, and others, as a methylating agent. Also use in lithium ion batteries.

Dimethyl carbonate (DMC) enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of dimethyl carbonate (DMC) market globally. The companies that lead global market are UBE Industries Ltd., Merck KGaA, Kowa Company Ltd., Kishida Chemical Co. Ltd., Lotte Chemical , Shandong Shida Shenghua Chemical Group Co., Ltd.,Guangzhou Tinci Materials Technology Co., Ltd.,Haike Chemical Group , and Arrow Chemical Group Corp.

Research Methodology

The research process includes the market segmentation of the global dimethyl carbonate (DMC) market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global dimethyl carbonate (DMC) market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (40%), Asia (35%), Europe (25%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global dimethyl carbonate (DMC) industry dynamics
• Estimation of the present global dimethyl carbonate (DMC) market size in terms of value and volume
• Global dimethyl carbonate (DMC) market breakup based on type and application
• Substantiated global dimethyl carbonate (DMC) market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global dimethyl carbonate (DMC) industry value chain.