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

The most prominent factor fueling the dimethyl carbonate market is the rising polycarbonates and paints and coatings industries. With the consistent rise in the construction industry worldwide, the overall paint and coatings industry is projected to witness continued growth. This would ensure a robust growth rate for the dimethyl carbonate market in the following years. Automotive and electronics industries 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's growth is also driven by the rising consumption of polycarbonates in medical devices, lighting devices, electronics, optical media, and others.

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 of 2014–2024. The said research study covers an in-depth analysis of multiple market segments based on dimethyl carbonate market size, application, and a cross-sectional study across different geographies.

The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, trends, restraints, and opportunities. The report incorporates a separate section highlighting key trend analysis of the overall dimethyl carbonate market.

The report also includes profiles of the leading dimethyl carbonate manufacturers, their business strategies, and key developments to assist strategic decision-makers. 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, Haile 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 the 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 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.

The global dimethyl carbonate market is divided into the following segments based on application:

  • Polycarbonate
  • Solvent
  • Pharmaceutical
  • Pesticide
  • Others (such as methylating agents)

On the basis of applications, the market has been segmented into solvent, polycarbonate, pesticide, pharmaceutical, and other applications such as a methylating agents. Over the forecast period, the polycarbonate segment is projected to be the fastest-growing segment in the global dimethyl carbonate market. As of 2016, the segment accounted for over 50% of the global dimethyl carbonate market. The 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 the manufacture of polycarbonates. It is used in the production of diphenyl carbonate, an important chemical used in the strengthening polymerization process that produces polycarbonates. Polycarbonates have diverse applications, including in 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 (United States and Canada)
  • Europe (U.K., Germany, rest of Europe)
  • Asia Pacific (Japan, China, India, and the Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and the Rest of Latin America)
  • Middle East and Africa (GCC and the rest of the Middle East and Africa)

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 the automotive and construction sectors here. China is the largest producer and consumer of dimethyl carbonate globally. Additionally, China is among the largest exporters of dimethyl carbonate.

The growth in the 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 kilotons by the end of 2025. Europe declared dimethyl carbonate a non-toxic chemical, which in turn replaced conventional chemicals such as chloromethane, phosgene, and methyl chloroformate. This would further escalate the market growth in the region.

Frequently Asked Question:

The market for Dimethyl Carbonate Market is expected to reach USD$ 759.12 Mn in 2025.

The Dimethyl Carbonate Market is expected to see significant CAGR growth over the coming years, at 5.9%.

The report is forecasted from 2017 -2025.

The base year of this report is 2016.

Bel Inc., Image Transfers Inc., Hemmi Papilio Supplies LLC, Stechcol Ceramic Crafts Development (Shenzhen) Co., Ltd. are some of the major players in the global market.

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Godaddy
Published Date:  Jul 2017
Category:  Chemicals
Report ID:   58596
Report Format:   PDF
Pages:   120
Rating:    4.7 (70)
Delivery Time: 24 Hours to 48 Hours   
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