PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1076130
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1076130
Global Dimethyl Carbonate Market, By Synthesis, By Grade, By Application, By End-User, By Region (North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa Trend Analysis, Competitive Market Share & Forecast, 2018-2028
Dimethyl Carbonate Market to Surpass USD 1.3 Billion by 2028
The dimethyl carbonate market is growing at a high CAGR because of the rising application of these chemicals in numerous sectors such as consumer items, automotive, medical, electrical, and electronics, and others…
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the global dimethyl carbonate market was worth USD 860.9 million in the year 2021. It is estimated to grow at a CAGR of 6.40%, earning revenue of around USD 1,324.3 million by the end of 2028. The rising application of these chemicals in numerous sectors such as consumer items, automotive, medical, electrical, electronics, and others is propelling the market forward. Furthermore, advantageous characteristics such as biodegradability and high solvency are propelling the industry forward. However, the huge demand and supply gap for dimethyl carbonate is posing a huge threat to the market.
Increasing Infrastructural Development and Demand for Paints and Coatings is Driving Dimethyl Carbonate Market Growth
With the increasing government and private investment towards infrastructural development, the demand for paints and coatings is projected to rise in the forecast period. This is going to directly influence the market growth of dimethyl carbonate since it is prominently used in the paints and coatings industry. Dimethyl carbonate is commonly used as a solvent for making coatings, adhesives, and cleaning agents. As construction activities are expanding, especially in emerging economies, the demand for dimethyl carbonate will also surge.
Rising Application of Dimethyl Carbonate in Polycarbonate Synthesis Application
Based on application, the dimethyl carbonate market is segmented into polycarbonate synthesis, battery electrolyte, solvents, reagents, and others. The polycarbonate synthesis segment holds the largest share in the dimethyl carbonate market. In the production of polycarbonates, dimethyl carbonate is utilized as an intermediary. Polycarbonate is an engineering plastic material with high physical and chemical features such as heat resistance, impact resistance, structural stability, and optical clarity that is utilized in end-use sectors such as automotive and electrical, and electronics.
Dimethyl Carbonate Market - By Grade
Based on grade, the dimethyl carbonate market is segmented into industry-grade (>99.0 weight %), pharmaceutical grade (>99.5 weight %), battery grade (>99.9 weight %). The industry-grade (>99.0 weight %) segment accounts for the largest market share. It is often utilized in the production of polycarbonates. It's also employed as a reagent in insecticides and as a solvent in paints and coatings. The need for industry-grade dimethyl carbonate is predicted to rise due to increased demand for polycarbonates from end-use sectors such as automotive and electrical and electronics.
Dimethyl Carbonate Market - Regional Insights
Geographically, the dimethyl carbonate market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. North America dominates the dimethyl carbonate market owing to the increasing construction activities for public and private infrastructure development. Furthermore, the presence of leading dimethyl carbonate makers also acts as a significant factor in propelling the overall market growth. However, the Asia-Pacific region is projected to register the highest CAGR during the forecast period.
Impact of COVID-19 on Dimethyl Carbonate Market
The unexpected COVID-19 epidemic effectively halted the dimethyl carbonate market's expansion. The countries' lockdown to prevent the virus from spreading had a detrimental impact on both the production and supply of dimethyl carbonate. The operations of key end-user sectors such as consumer electronics manufacturing, battery manufacturing, paints and coatings manufacturing, and so on, were also hampered by social distancing norms and labor scarcity. During the COVID-19 period, dimethyl carbonate producers had to deal with massive losses as a result of these causes.
Competitive Landscape
The leading market players of the dimethyl carbonate market are Sabic, Liaoning Oxiranchem, LOTTE, CNSG Anhui Redsifang, Mitsubishi Chemical, Shandong Depu Chemical, UBE, Hi-tech Spring, Shida Shenghua, Tongling Jintai Chemical, Shandong Wells Chemicals, Merck KGaA, Panax Etec, Kowa Company Ltd., Arrow Chemical Group Corp., Kishida Chemical Co. Ltd., Haike Chemical Group, Guangzhou Tinci Materials Technology Co., Ltd., AkzoNobel, EMD Millipore Corporation, and other prominent players.
The dimethyl carbonate market is highly fragmented with the presence of several global and regional industry players. The companies significantly invest in research and development activities to expand their product scope. They are also establishing new production plants to boost their output and product penetration. Furthermore, the adoption of competitive strategies such as partnerships, mergers, acquisitions, collaborations, etc., is also prominent in this market.
Don't miss the business opportunity of the dimethyl carbonate market. Consult our analysts to gain crucial insights and facilitate your business growth.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the dimethyl carbonate market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the dimethyl carbonate market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
About Us
BlueWeave Consulting provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing both qualitative and quantitative data to boost the performance of your business solutions. BWC has built its reputation from the scratch by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Research Methodology
- 2.1. Qualitative Research
- 2.1.1. Primary & Secondary Research
- 2.2. Quantitative Research
- 2.3. Market Breakdown & Data Triangulation
- 2.3.1. Secondary Research
- 2.3.2. Primary Research
- 2.4. Breakdown of Primary Research Respondents, By Region
- 2.5. Assumption & Limitation
3. Executive Summary
4. Global Dimethyl Carbonate Market Insights
- 4.1. Industry Value Chain Analysis
- 4.2. DROC Analysis
- 4.2.1. Growth Drivers
- 4.2.2. Restraints
- 4.2.3. Opportunities
- 4.2.4. Challenges
- 4.3. Recent Development/Technological Advancement
- 4.4. Regulatory Framework
- 4.5. Export-Import Analysis, 2018-2021
- 4.6. Porter's Five Forces Analysis
- 4.6.1. Bargaining Power of Suppliers
- 4.6.2. Bargaining Power of Buyers
- 4.6.3. Threat of New Entrants
- 4.6.4. Threat of Substitutes
- 4.6.5. Intensity of Rivalry
5. Global Dimethyl Carbonate Market Overview
- 5.1. Market Size & Forecast by Value, 2018-2028
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecaste
- 5.2.1. By Grade
- 5.2.1.1. Industry Grade
- 5.2.1.2. Pharmaceutical Grade
- 5.2.1.3. Battery Grade
- 5.2.2. By Applications
- 5.2.2.1. Polycarbonate Synthesis
- 5.2.2.2. Battery Electrolyte
- 5.2.2.3. Solvents
- 5.2.2.4. Reagents
- 5.2.2.5. Others
- 5.2.3. By End Industry Use
- 5.2.3.1. Paints and Coatings
- 5.2.3.2. Plastic
- 5.2.3.3. Pharmaceuticals
- 5.2.3.4. Batteries
- 5.2.3.5. Agrochemicals
- 5.2.3.6. Others
- 5.2.4. By Region
- 5.2.4.1. North America
- 5.2.4.2. Europe
- 5.2.4.3. The Asia Pacific
- 5.2.4.4. Latin America
- 5.2.4.5. The Middle East & Africa
- 5.2.1. By Grade
6. North America Dimethyl Carbonate Market
- 6.1. Market Size & Forecast by Value, 2018-2028
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Grade
- 6.2.2. By Application
- 6.2.3. End Industry Use
- 6.2.4. By Country
- 6.2.4.1. United States
- 6.2.4.2. Canada
7. Europe Dimethyl Carbonate Market
- 7.1. Market Size & Forecast by Value, 2018-2028
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Grade
- 7.2.2. By Application
- 7.2.3. End Industry Use
- 7.2.4. By Country
- 7.2.4.1. Germany
- 7.2.4.2. France
- 7.2.4.3. United Kingdom
- 7.2.4.4. Spain
- 7.2.4.5. Italy
- 7.2.4.6. Rest of Europe
8. The Asia Pacific Dimethyl Carbonate Market
- 8.1. Market Size & Forecast by Value, 2018-2028
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Grade
- 8.2.2. By Application
- 8.2.3. End Industry Use
- 8.2.4. By Country
- 8.2.4.1. China
- 8.2.4.2. India
- 8.2.4.3. Japan
- 8.2.4.4. South Korea
- 8.2.4.5. Rest of Asia Pacific
9. Latin America Dimethyl Carbonate Market
- 9.1. Market Size & Forecast by Value, 2018-2028
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Grade
- 9.2.2. By Application
- 9.2.3. End Industry Use
- 9.2.4. By Country
- 9.2.4.1. Brazil
- 9.2.4.2. Argentina
- 9.2.4.3. Rest of South America
10. The Middle East & Africa Dimethyl Carbonate Market
- 10.1. Market Size & Forecast by Value, 2018-2028
- 10.1.1. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Grade
- 10.2.2. By Application
- 10.2.3. End Industry Use
- 10.2.4. By Country
- 10.2.4.1. Saudi Arabia
- 10.2.4.2. UAE
- 10.2.4.3. South Africa
- 10.2.4.4. Iran
- 10.2.4.5. Rest of Middle East & Africa
11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. Market/Ranking Share Analysis, 2021
- 11.3. Competitive Benchmarking, By Operating Parameters
12. Impact of COVID on Global Dimethyl Carbonate Market
- 12.1. Impact On Overall Dimethyl Carbonate Industry
- 12.2. Impact On Supply Chain of Dimethyl Carbonate
- 12.2.1. Price Variation of Key Raw Materials
- 12.2.2. Production Shutdown
- 12.3. Impact On Market Demand of Dimethyl Carbonate
- 12.4. Impact On Pricing of Dimethyl Carbonate
13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, SWOT Analysis and Strategic Outlook) *
- 13.1. Alfa Aesar
- 13.2. Thermo Fisher Scientific
- 13.3. Ube Industries Ltd
- 13.4. Merck KGaA
- 13.5. Shandong Shida Shenghua Chemical Group Co., Ltd.
- 13.6. KOWA American Corporation
- 13.7. HaiKe Chemical Group Ltd.
- 13.8. Arrow Chemical Group Corp.
- 13.9. Guangzhou Tinci Materials Technology Co., Ltd.
- 13.10. Tokyo Chemical Industry Co., Ltd.
- 13.11. Tongling Jintai Chemical Industrial Co., Ltd.
- 13.12. Kishida Chemical Co. Ltd
- 13.13. Tangshan Chaoyang Chemical Co., Ltd.
- 13.14. Panax Etec
- 13.15. Kowa India Pvt. Ltd.
- 13.16. Hefei TNJ Chemical Industry Co., Ltd.
- 13.17. Other Prominent Players
14. Key Strategic Recommendation
List of Figures
- Figure 1: Global Dimethyl Carbonate Segmentation
- Figure 2: Global Dimethyl Carbonate Market Value Chain Analysis
- Figure 3: Company Market Share Analysis, 2020
- Figure 4: Global Dimethyl Carbonate Market Size, By Value (USD Million), 2018-2028
- Figure 5: Global Dimethyl Carbonate Market Share, By Grade, By Value, 2018-2028
- Figure 6: Global Dimethyl Carbonate Market Share, By Application, By Value, 2018-2028
- Figure 7: Global Dimethyl Carbonate Market Share, By End User, By Value, 2018-2028
- Figure 8: Global Dimethyl Carbonate Market Share, By Region, By Value, 2018-2028
- Figure 9: North America Dimethyl Carbonate Market Size, By Value (USD Million), 2018-2028
- Figure 10: North America Dimethyl Carbonate Market Share, By Grade, By Value, 2018-2028
- Figure 11: North America Dimethyl Carbonate Market Share, By Application, By Value, 2018-2028
- Figure 12: North America Dimethyl Carbonate Market Share, By End User, By Value, 2018-2028
- Figure 13: North America Dimethyl Carbonate Market Share, By Country, By Value, 2018-2028
- Figure 14: Europe Dimethyl Carbonate Market Size, By Value (USD Million), 2018-2028
- Figure 15: Europe Dimethyl Carbonate Market Share, By Grade, By Value, 2018-2028
- Figure 16: Europe Dimethyl Carbonate Market Share, By Application, By Value, 2018-2028
- Figure 17: Europe Dimethyl Carbonate Market Share, By End User, By Value, 2018-2028
- Figure 18: Europe Dimethyl Carbonate Market Share, By Country, By Value, 2018-2028
- Figure 19: Asia-Pacific Dimethyl Carbonate Market Size, By Value (USD Million), 2018-2028
- Figure 20: Asia-Pacific Dimethyl Carbonate Market Share, By Grade, By Value, 2018-2028
- Figure 21: Asia-Pacific Dimethyl Carbonate Market Share, By Application, By Value, 2018-2028
- Figure 22: Asia-Pacific Dimethyl Carbonate Market Share, By End User, By Value, 2018-2028
- Figure 23: Asia-Pacific Dimethyl Carbonate Market Share, By Country, By Value, 2018-2028
- Figure 24: Latin America Dimethyl Carbonate Market Size, By Value (USD Million), 2018-2028
- Figure 25: Latin America Dimethyl Carbonate Market Share, By Grade, By Value, 2018-2028
- Figure 26: Latin America Dimethyl Carbonate Market Share, By Application, By Value, 2018-2028
- Figure 27: Latin America Dimethyl Carbonate Market Share, By End User, By Value, 2018-2028
- Figure 28: Latin America Dimethyl Carbonate Market Share, By Country, By Value, 2018-2028
List of Tables
- Table 1: Global Dimethyl Carbonate Market Size, By Grade, By Value, 2018-2028
- Table 2: Global Dimethyl Carbonate Market Size, By Application, By Value, 2018-2028
- Table 3: Global Dimethyl Carbonate Market Share, By End User, By Value, 2018-2028
- Table 4: Global Dimethyl Carbonate Market Size, By Region, By Value, 2018-2028
- Table 5: North America Dimethyl Carbonate Market Size, By Grade, By Value, 2018-2028
- Table 6: North America Dimethyl Carbonate Market Size, By Application, By Value, 2018-2028
- Table 7: North America Carbonate Market Share, By End User, By Value, 2018-2028
- Table 8: North America Dimethyl Carbonate Market Size, By Country, By Value, 2018-2028
- Table 9: Europe Dimethyl Carbonate Market Size, By Grade, By Value, 2018-2028
- Table 10: Europe Dimethyl Carbonate Market Size, By Application, By Value, 2018-2028
- Table 11: Europe Dimethyl Carbonate Market Size, By End User, By Value, 2018-2028
- Table 12: Europe Dimethyl Carbonate Market Size, By Country, By Value, 2018-2028
- Table 13: Asia-Pacific Dimethyl Carbonate Market Size, By Grade, By Value, 2018-2028
- Table 14: Asia-Pacific Dimethyl Carbonate Market Size, By Application, By Value, 2018-2028
- Table 15: Asia-Pacific Dimethyl Carbonate Market Size, By End User, By Value, 2018-2028
- Table 16: Asia-Pacific Dimethyl Carbonate Market Size, By Country, By Value, 2018-2028
- Table 17: Latin America Dimethyl Carbonate Market Size, By Grade, By Value, 2018-2028
- Table 18: Latin America Dimethyl Carbonate Market Size, By Application, By Value, 2018-2028
- Table 19: Latin America Dimethyl Carbonate Market Size, By End User, By Value, 2018-2028
- Table 20: Latin America Dimethyl Carbonate Market Size, By Country, By Value, 2018-2028
- Table 21: Middle East & Africa Dimethyl Carbonate Market Size, By Grade, By Value, 2018-2028
- Table 22: Middle East & Africa Dimethyl Carbonate Market Size, By Application, By Value, 2018-2028
- Table 23: Middle East & Africa Carbonate Market Size, By End User, By Value, 2018-2028
- Table 24: Middle East & Africa Dimethyl Carbonate Market Size, By Country, By Value, 2018-2028
- Table 25 Alfa Aesar Company Overview
- Table 26 Alfa Aesar Financial Overview
- Table 27 Thermo Fisher Scientific Company Overview
- Table 28 Thermo Fisher Scientific Financial Overview
- Table 29 Merck KGaA Company Overview
- Table 30 Merck KGaA Financial Overview
- Table 31 Shandong Shida Shenghua Chemical Group Co., Ltd. Company Overview
- Table 32 Shandong Shida Shenghua Chemical Group Co., Ltd. Financial Overview
- Table 33 HaiKe Chemical Group Ltd. Company Overview
- Table 34 HaiKe Chemical Group Ltd. Financial Overview
- Table 35 Guangzhou Tinci Materials Technology Co., Ltd. Company Overview
- Table 36 Guangzhou Tinci Materials Technology Co., Ltd. Financial Overview
- Table 37 Tokyo Chemical Industry Co., Ltd. Company Overview
- Table 38 Tokyo Chemical Industry Co., Ltd. Financial Overview
- Table 39 Tongling Jintai Chemical Industrial Co., Ltd. Company Overview
- Table 40 Tongling Jintai Chemical Industrial Co., Ltd. Financial Overview
- Table 41 Kishida Chemical Co. Ltd Company Overview
- Table 42 Kishida Chemical Co. Ltd Financial Overview
- Table 43 Tangshan Chaoyang Chemical Co., Ltd. Company Overview
- Table 44 Tangshan Chaoyang Chemical Co., Ltd. Financial Overview
- Table 45 Panax Etec Company Overview
- Table 46 Panax Etec Financial Overview
- Table 47 Kowa India Pvt. Ltd. Company Overview
- Table 48 Kowa India Pvt. Ltd. Financial Overview
- Table 49 Hefei TNJ Chemical Industry Co., Ltd. Company Overview
- Table 50 Hefei TNJ Chemical Industry Co., Ltd. Financial Overview
