Dimethyl Carbonate (DMC) Market
Global Dimethyl Carbonate (DMC) Market Size, Share & Trends Analysis Report by Grade (Battery, Pharmaceutical, and Industrial) and by Application (Polycarbonate Production, Solvents, Pharmaceutical, Pesticides, Li-Ion Batteries, and Others (Fuel Additives, Electrolytes)) Forecast, 2021-2027 Update Available - Forecast 2024-2030
The global dimethyl carbonate (DMC) market is projected to grow at a modest CAGR of 5.1% during the forecast period (2021-2027). The key aspect that drives the growth of the market includes the increasing demand for dimethyl carbonate (DMC) for various applications such as polycarbonate production, solvents, pharmaceutical, pesticides, Li-Ion batteries, and others. Besides, a wide range of properties possessed by the dimethyl carbonate (DMC) such as non-toxic nature, colorless, flammable, and is classified as a carbonate ester. Dimethyl carbonate (DMC) can also be mixed and used with almost all organic solvents, including ketones, alcohols, ethers, among others.
Further, dimethyl carbonate (DMC) is also widely used as an oxygenated fuel additive. Owing to the rising energy consumption across the globe, there is an increase in the demand for alternative fuels or additives for conventional hydrocarbon fuels development. Furthermore, rising building & construction industry demands for paints & coating. Hence, the rise in the paints & coating industry for the production of water-based eco-friendly paints also creates ample opportunities for the growth of the DMC market over the forecast period.
Segmental Outlook
The global dimethyl carbonate (DMC) market is segmented on the basis of grade and application. Based on the grade, the market is segmented as battery, pharmaceutical, and industrial. The industrial segment holds the most substantial share in the market. Based on the application, the market is segmented as polycarbonate production, solvents, pharmaceutical, pesticides, Li-Ion batteries, and others. The other segment includes fuel additives and electrolytes. The polycarbonate production segment holds the most substantial share in the market.
Polycarbonate Production Segment to Hold Substantial Share in the Global DMC Market
Amongst the application segment of the market, the polycarbonate production segment holds the most substantial share in the market over the forecast period. The segmental growth of the market is accredited to the increased demand for polycarbonate across a wide range of end-user industries. Polycarbonate is a sort of strong and transparent engineering thermoplastic that is widely utilized across automotive, glazing, electronics, optical media, medical, lighting, and appliances markets. Hence, the growth in these end-user industries along with increasing product usage in these sectors are likely to positively influence the overall market growth.
On the other hand, the solvent segment is likely to substantially grow over the forecast period. dimethyl carbonate (DMC) is widely used as floor coatings, traffic paints, architectural coatings, and steel drum linings among others owing to its dimethyl carbonate (DMC). Hence, this is likely to positively influence the growth of the market over the forecast period.
Global Dimethyl Carbonate (DMC) Market, by Application 2020 (%)
Regional Outlook
The global dimethyl carbonate (DMC) market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is projected to hold a significant market share. China, India, Japan, and the Rest of the Asia-Pacific are the major economies primarily contributing to the growth of the dimethyl carbonate (DMC) market in the region. The regional growth of the market is accredited to the increased demand for DMC for polycarbonate production across the key economies of the region such as China. The increasing demand for Li-Ion batteries from the electronics and automotive industries across the region also creates scope for market growth. Further, the North American region is also estimated to witness a significant value for the market, attributing to the growth in the end-user industries as well as the presence of key players across the region.
Global Dimethyl Carbonate (DMC) Market, by Region 2020 (%)
Market Players Outlook
The prominent players functioning in the global dimethyl carbonate (DMC) market Akzo Nobel N.V., Kowa Co. Ltd., Merck KGaA, Sigma-Aldrich Co. LLC, Alfa Aesar, All-Chemie Ltd., Ube Industries Ltd., and Arrow Chemical Group Corp. among others. These key manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships and collaborations, and many others in order to thrive in a competitive environment. For instance, in November 2020, Kishida Chemical Co., Ltd. partnered with Fujitsu Ltd., PeptiDream Inc., Mizuho Capital Co. Ltd., Takenaka Corp. for the establishment of PeptiAID Inc. a joint venture company that will research and develop peptide therapeutics capable of COVID-19 virus.
In July 2019, Ube Industries announced to enhance its overall production of basic chemical dimethyl carbonate by opening a new plant in the US. The production facility is intended to produce nearly 50,000 tons of dimethyl carbonate and produces nearly 20,000-30,000 tons of purified DMC per year.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global dimethyl carbonate (DMC) market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Akzo Nobel N.V.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Kowa Co. Ltd.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Merck KGaA
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Sigma-Aldrich Co. LLC
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Dimethyl Carbonate (DMC) Market by Grade
5.1.1. Battery
5.1.2. Pharmaceutical
5.1.3. Industrial
5.2. Global Dimethyl Carbonate (DMC) Market by Application
5.2.1. Polycarbonate Production
5.2.2. Solvents
5.2.3. Pharmaceutical
5.2.4. Pesticides
5.2.5. Li-Ion Batteries
5.2.6. Others (Fuel Additives, Electrolytes)
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. ASEAN
6.3.5. South Korea
6.3.6. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Alfa Aesar
7.2. All-Chemie Ltd.
7.3. Arrow Chemical Group Corp.
7.4. Dongying City Longxing Chemical Co., Ltd.
7.5. Guangzhou Tinci Materials Technology Co. Ltd.
7.6. Haihang Group
7.7. Haike Chemical Group
7.8. Kishida Chemical Co. Ltd.
7.9. Panax Etec
7.10. Shandong Shida Shenghua Chemical Group Co. Ltd.
7.11. Tongling Jintai Chemical Industrial Co., Ltd.
7.12. Ube Industries Ltd.
1. GLOBAL DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY GRADE, 2020-2027 ($ MILLION)
2. GLOBAL BATTERY GRADE DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL PHARMACEUTICAL GRADE DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL INDUSTRIAL GRADE DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
6. GLOBAL DIMETHYL CARBONATE (DMC) FOR POLYCARBONATE PRODUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL DIMETHYL CARBONATE (DMC) FOR SOLVENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL DIMETHYL CARBONATE (DMC) FOR PHARMACEUTICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL DIMETHYL CARBONATE (DMC) FOR PESTICIDES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL DIMETHYL CARBONATE (DMC) FOR LI-ION BATTERIES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL DIMETHYL CARBONATE (DMC) FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
13. NORTH AMERICAN DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
14. NORTH AMERICAN DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY GRADE, 2020-2027 ($ MILLION)
15. NORTH AMERICAN DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
16. EUROPEAN DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
17. EUROPEAN DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY GRADE, 2020-2027 ($ MILLION)
18. EUROPEAN DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
19. ASIA-PACIFIC DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. ASIA-PACIFIC DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY GRADE, 2020-2027 ($ MILLION)
21. ASIA-PACIFIC DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
22. REST OF THE WORLD DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY GRADE, 2020-2027 ($ MILLION)
23. REST OF THE WORLD DIMETHYL CARBONATE (DMC) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. GLOBAL DIMETHYL CARBONATE (DMC) MARKET SHARE BY GRADE, 2020 VS 2027 (%)
2. GLOBAL DIMETHYL CARBONATE (DMC) MARKET SHARE BY APPLICATION, 2020 VS 2027(%)
3. GLOBAL DIMETHYL CARBONATE (DMC) MARKET SHARE BY GEOGRAPHY, 2020 VS 2027(%)
4. US DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
5. CANADA DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
6. UK DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
7. FRANCE DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
8. GERMANY DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
9. ITALY DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
10. SPAIN DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
11. ROE DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
12. INDIA DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
13. CHINA DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
14. JAPAN DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
15. ASEAN DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
16. SOUTH KOREA DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
17. REST OF ASIA-PACIFIC DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
18. REST OF THE WORLD DIMETHYL CARBONATE (DMC) MARKET SIZE, 2020-2027 ($ MILLION)
