Dimethyl Carbonate Global Market Report 2026

Dimethyl carbonate is a form of carbonic acid in which both hydrogen atoms are replaced with methyl groups. This substance serves as an environmentally friendly alternative to methyl halides (such as dimethyl sulfate) and phosgene in methylation and carboxylation processes.

Dimethyl carbonate is available in various grades, including industry grade (>99.0 weight %), pharmaceutical grade (>99.5 weight %), and battery grade (>99.9 weight %). The industry-grade (>99.0 weight %) segment is utilized in the production of polycarbonates and the synthesis of solvents and reagents. Industry-grade dimethyl carbonate is specifically designed for industrial purposes, contributing to the manufacturing of coatings, adhesives, and cleaning agents. Dimethyl carbonate is applied in various processes such as polycarbonate synthesis, battery electrolyte, solvents, reagents, and other applications like fuel additives, electrolytes for supercapacitors, and electrolytes for dye-sensitized solar cells. Industries such as plastics, paints and coatings, pharmaceuticals, batteries, agrochemicals, and others utilize dimethyl carbonate for various applications.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the dimethyl carbonate market by increasing costs of imported methanol derivatives, catalysts, and high-purity processing equipment. Battery-grade dimethyl carbonate producers in Asia-Pacific and Europe are most affected due to cross-border supply chains, while North America faces higher input costs for specialty chemical applications. These tariffs are impacting production economics and pricing of downstream products. At the same time, they are encouraging regional production capacity expansion, localized sourcing of feedstocks, and investment in cleaner synthesis routes.

The dimethyl carbonate market research report is one of a series of new reports from The Business Research Company that provides dimethyl carbonate market statistics, including dimethyl carbonate industry global market size, regional shares, competitors with a dimethyl carbonate market share, detailed dimethyl carbonate market segments, market trends and opportunities, and any further data you may need to thrive in the dimethyl carbonate industry. This dimethyl carbonate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The dimethyl carbonate market size has grown strongly in recent years. It will grow from $1.18 billion in 2025 to $1.26 billion in 2026 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to shift away from toxic methylating agents, growth of polycarbonate plastics demand, increasing use of environmentally friendly solvents, expansion of specialty chemical manufacturing, availability of large-scale carbonate synthesis technologies.

The dimethyl carbonate market size is expected to see strong growth in the next few years. It will grow to $1.6 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increasing demand from lithium-ion battery manufacturing, rising investments in green chemistry processes, expansion of energy storage applications, growing pharmaceutical solvent requirements, increasing adoption in sustainable chemical synthesis. Major trends in the forecast period include increasing use of green methylation agents, rising demand for battery-grade dimethyl carbonate, growing adoption in polycarbonate production, expansion of phosgene-free chemical processes, enhanced focus on high-purity solvent applications.

The increasing demand for lithium-ion batteries is expected to propel the growth of the dimethyl carbonate market. Lithium-ion (Li-ion) batteries rely on lithium ions in their electrochemistry, and dimethyl carbonate is used as an electrolyte to increase the octane number as an alternative to MTBE (methyl tert-butyl ether). For instance, in 2025, according to the International Energy Agency, a France-based intergovernmental organization, EV batteries and storage applications reached the historical milestone of 1 TWh in 2024. Further, demand for EV batteries grew to over 950 GWh, a 25% increase compared to 2023. Therefore, the rising demand for lithium-ion batteries is driving the growth of the dimethyl carbonate market.

The growing electronics and automotive industries are also fueling demand for dimethyl carbonate. Rising consumer purchasing power and preference for advanced electronics and vehicles have contributed to this trend. Dimethyl carbonate serves as the electrolyte in lithium-ion batteries used in cell phones, notebook PCs, plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs). For instance, in March 2024, according to the International Energy Agency, approximately 14 million electric cars were registered globally in 2023, marking a 35% increase from 10.5 million in 2022. Electric vehicles accounted for 18% of total car sales in 2023, up from 14% in 2022, with battery electric vehicles making up 70% of the total electric car stock. This growth demonstrates strong momentum in the EV market, which is further driving demand for dimethyl carbonate.

Major companies in the dimethyl carbonate market are focusing on innovative solutions, including large-scale facility expansions, to meet the rising demand for high-volume production, stable supply, and downstream integration in chemical value chains. Facility expansion increases capacity, improves cost efficiency, and strengthens regional distribution. For instance, in March 2024, UBE Corp., a Japan-based chemical manufacturer, opened a dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC) plant in the U.S., with an annual production capacity of 100,000 metric tons of DMC and 40,000 metric tons of EMC derived from DMC. This plant ensures a stable supply in the U.S., and UBE plans future downstream expansion into environmentally friendly products within the C1 chemical chain, including polycarbonate diol (PCD) and waterborne polyurethane dispersion (PUD).

Major companies operating in the dimethyl carbonate market are Shandong Haike Chemical Industry Group Co. Ltd., Shandong Wells Chemicals Co. Ltd., Qingdao Aspirit Chemical Co. Ltd., Shandong Feiyang Chemical Co. Ltd., Kindun Chemical Co.Limited, Hefei TNJ Chemical Industry Co.Ltd., Dongying City Longxing Chemical Co. Ltd., Hebei New Chaoyang Chemical Stock Co.Ltd., Shandong Depu Chemical Industry Science & Technology Co. Ltd., Dongying Hi-tech Spring Chemical Industry Co. Ltd, Tongling Jintai Chemical Industrial, UBE Industries, Tangshan Chaoyang Chemical Co. Ltd., Mitsubishi Chemical Corporation, Tokyo Chemical Industry Co. Ltd., Linyi Evergreen Chemical Co. Ltd., Akzo Nobel N.V., Taizhou Lingyu Chemical Co. Ltd., Dongying Jintan Chemical Co. Ltd., Luxi Chemical Group Co.Ltd., Dongying Xinyuan Chemical Co. Ltd., Dongying City Shuangma Chemical Co. Ltd.

Asia-Pacific was the largest region in the dimethyl carbonate market in 2025. The regions covered in the dimethyl carbonate market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the dimethyl carbonate market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The dimethyl carbonate market consists of sales of dimethyl carbonate used to synthesize polyurethane, polycarbonate, agricultural chemicals, and medicines. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Dimethyl Carbonate Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses dimethyl carbonate market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for dimethyl carbonate ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The dimethyl carbonate market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Grade: Industry Grade (>99.0 weight %); Pharmaceutical Grade (>99.5 weight %); Battery Grade (>99.9 weight %)
• 2) By Application: Polycarbonate Synthesis; Battery Electrolyte; Solvents; Reagents; Other Applications (Fuel Additives; Electrolyte for Supercapacitors; Electrolyte For Dye-synthesized Solar Cells)
• 3) By End-Use Industry: Plastics; Paints And Coating; Pharmaceutical; Battery; Agrochemicals; Other End-Use Industries (Adhesives And Sealants; Ink; Food And Beverages; And Energy)
• Subsegments:
• 1) By Industry Grade (>99.0 Weight %): General Industrial Applications; Solvent Applications; Chemical Intermediate Uses
• 2) By Pharmaceutical Grade (>99.5 Weight %): API (Active Pharmaceutical Ingredient) Production; Solvent For Drug Formulations; Research And Development
• 3) By Battery Grade (>99.9 Weight %): Lithium-Ion Battery Manufacturing; Electrolyte Solutions; Energy Storage Applications
• Companies Mentioned: Shandong Haike Chemical Industry Group Co. Ltd.; Shandong Wells Chemicals Co. Ltd.; Qingdao Aspirit Chemical Co. Ltd.; Shandong Feiyang Chemical Co. Ltd.; Kindun Chemical Co.Limited; Hefei TNJ Chemical Industry Co.Ltd.; Dongying City Longxing Chemical Co. Ltd.; Hebei New Chaoyang Chemical Stock Co.Ltd.; Shandong Depu Chemical Industry Science & Technology Co. Ltd.; Dongying Hi-tech Spring Chemical Industry Co. Ltd; Tongling Jintai Chemical Industrial; UBE Industries; Tangshan Chaoyang Chemical Co. Ltd.; Mitsubishi Chemical Corporation; Tokyo Chemical Industry Co. Ltd.; Linyi Evergreen Chemical Co. Ltd.; Akzo Nobel N.V.; Taizhou Lingyu Chemical Co. Ltd.; Dongying Jintan Chemical Co. Ltd.; Luxi Chemical Group Co.Ltd.; Dongying Xinyuan Chemical Co. Ltd.; Dongying City Shuangma Chemical Co. Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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