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Dimethyl Carbonate Market By Application (Polycarbonate, Solvent, Pharmaceutical, Pesticide) - Growth, Share, Opportunities & Competitive Analysis, 2017 - 2025

Dimethyl carbonate is an organic compound with smell similar to methanol. The compound is flammable in nature and does not have any annoying effects by contact or inhalation. It is an alternative for the oxygenate specifications on gasoline and to convert natural gas to a liquid transportation fuel. Dimethyl carbonate has gained significance as a replacement for ethanol due to its properties such as low gas pressure, high boiling point, less toxicity.

The most prominent factor fueling the dimethyl carbonate market is the rising polycarbonates and paints & coatings industry. With the consistent rise in the construction industry worldwide, the overall paints & coatings industry is projected to witness continued growth. This would ensure robust growth rate for the dimethyl carbonate market, in the following years. Automotive and electronics industry generate high demand for polycarbonates, thereby fueling the demand for dimethyl carbonate. Dimethyl carbonate is an integral component used in manufacturing polycarbonates. Thus, with the rising consumption of polycarbonates, the demand for dimethyl carbonate is estimated to demonstrate robust growth in the following years. Apart from the aforementioned applications, the market growth is also driven by the rising consumption of polycarbonates in medical devices, lighting devices, electronics, optical media and others.

 Dimethyl Carbonate Market

The report titled “Global Dimethyl Carbonate Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global dimethyl carbonate industry along with the market size and estimates for the duration 2014 to 2024. The said research study covers in-depth analysis of multiple market segments based on dimethyl carbonate market size, application and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, trends, restraints and opportunities. The report incorporates a separate section highlighting key trends analysis of the overall dimethyl carbonate market.

In order to help the strategic decision makers, the report also includes profiles of the leading dimethyl carbonate manufacturers, their business strategies and key developments. Some of the major players profiled in the report are Akzo Nobel N.V., Alfa Aesar, BASF SE, Dongying City Longxing Chemical Co. Ltd., EMD Millipore Corporation, HaiKe Chemical Group, Shandong Shida Shenghua Chemical Group Co. Ltd., Sigma-Aldrich Co. LLC, Tangshan Chaoyang Chemical Co. Ltd., and UBE Industries Limited. Further, the report also covers market positioning of the key players operating in the dimethyl carbonate market. The section further includes a brief on key strategies adopted by the major players operating in the market. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the dimethyl carbonate industry
  • Market driver, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global dimethyl carbonate market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

Based on the application, the global dimethyl carbonate market is segmented as follows:

  • Polycarbonate
  • Solvent
  • Pharmaceutical
  • Pesticide
  • Others (Including methylating agents)       

Dimethyl Carbonate Market

On the basis of applications of dimethyl carbonate, the market has been segmented into solvent, polycarbonate, pesticide, pharmaceutical, and other applications such as methylating agent. The polycarbonate segment is projected to be the fastest growing segment in the global dimethyl carbonate market, over the forecast period. As of 2016, the segment accounts for over 50% of the global dimethyl carbonate market. Solvent was the second largest application segment in the market in 2016. The use of dimethyl carbonate as a solvent is expected to expand at a healthy pace over the forecast period. Dimethyl carbonate is a vital ingredient in manufacture of polycarbonates. It is used in production of diphenyl carbonate, an important chemical used in the strengthening polymerization process that produces polycarbonates. Polycarbonates have diverse application including appliances, lighting devices, automobiles, medical devices, electronics, and optical media. Subsequently, rising demand for polycarbonates is estimated to continue driving the production of dimethyl carbonate.

For the purpose of this study, the global dimethyl carbonate market is categorized into the following geographies and sub-geographies:

  • North America (US, Canada)
  • Europe (U.K., Germany, Rest of Europe)
  • Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East and Africa (GCC and rest of the Middle East & Africa)

Dimethyl Carbonate Market

Asia Pacific is the largest market for dimethyl carbonate, followed by Europe and North America. The market in Asia Pacific is primarily governed by China and Japan. This is primarily attributed to the strong growth in automotive and construction sector here. China is the largest producer as well as consumer of dimethyl carbonate globally. Additionally, China is among the largest exporters of dimethyl carbonate. The growth in China dimethyl carbonate market is mainly driven by the growing end-user industries, including construction, automotive and electronics. The total volume of dimethyl carbonate is estimated to reach around 314.42 kilo tons by the end of 2025. Europe declared dimethyl carbonate as a non-toxic chemical, which in turn replacing conventional chemicals such as chloromethane, phosgene and methyl chloroformate. This would further escalate the market growth in the region.

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Published Date:  Jul 2017
Category:  Chemicals
Report ID:   58596
Report Format:   PDF
Pages:   120
Rating:    4.3 (40)
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