Global Dimethyl Carbonate Market By Grade (Pharmaceuticals Grade, Industrial Grade), By Application (Polycarbonate, Chemical Intermediate, Pharmaceuticals, Others), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2029

“Global Dimethyl Carbonate Market” is the title of an upcoming report offered by Market.US. This report on the dimethyl carbonate industry contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. It also covers threats or challenges for existing as well as new entrants in the market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. The global dimethyl carbonate market has been segmented on the basis of grade, application, as well as regions and countries.

The Dimethyl Carbonate Market was valued at UЅD $412.8 Мn in 2020, and is projected to register а САGR of 6.2% over the next 10 years.

Overview:

Dimethyl carbonate is an organic compound with the formula OC(OCH₃)₂. It is a colorless, flammable liquid and is classified as a carbonate ester. This compound has found use as a methylating agent and more recently as a solvent that is exempt from the restrictions placed on most volatile organic compounds in the United States.

Dynamics:

Dimethyl carbonate is highly sought after for the manufacture of paints & coatings, and the exponential growth experienced by the construction industry is expected to subsequently have a profound influence on the revenue growth of the global dimethyl carbonate market in the foreseeable future.

Moreover, as the automotive and electronic industries have an immense demand for polycarbonates, and dimethyl carbonate is used in the manufacture of carbonate. This is another primary factor that is anticipated to have a significant impact on the revenue growth of the global dimethyl carbonate market.

In light of the recent COVID-19 outbreak, the operations of key industry players have either been temporarily halted or are functioning with a minimal workforce. The dimethyl carbonate market is no different. This is a factor that is expected to have a profoundly negative impact on the growth of this global industry in the coming years. Moreover, the numerous restrictions imposed on the production of dimethyl carbonate across the world, as well as the loopholes that most have to jump in order to obtain a valid license to do so, are also factors that may hinder the revenue growth of this global industry.

Nonetheless, the robust growth experienced by the electronics industry, particularly in the Asia Pacific region, is further augmenting the demand for polycarbonates. This is a factor that is also slated to have a positive influence on the revenue growth of the global dimethyl carbonate market.

Segmentation of the global dimethyl carbonate market is as follows:

On the basis of grade, the industrial grade segment accounted for the maximum number of revenue shares (46.7%) of the global dimethyl carbonate market in 2019, and is anticipated to index the highest CAGR over the forecast period. The pharmaceutical segment also accounted for a considerable number of revenue shares of this global market in 2019, and is slated to continue to do so over the next 10 years.

In terms of application, the polycarbonate segment accounted for the majority revenue shares of the global dimethyl carbonate market in 2019, and is projected to register the highest CAGR, with an attractiveness index of 5.5, over the forecast period. The solvent segment accounted for a considerable number of revenue shares in 2019, and is expected to continue to do so in the coming years.

Regional Segmentation and Analysis:

Markets in the Asia Pacific region accounted for the majority number of revenue shares (38.3%) of the global dimethyl carbonate market in 2019, and is anticipated to remain this market’s front-runner for the remainder of this forecast period. The markets in North America and Europe accounted for the second and third-highest number of revenue shares in 2020, and is indicative of continuing to do so over the next decade.

Segmentation of the Global Dimethyl Carbonate Market:

Segmentation by Grade:

• Pharmaceuticals Grade
• Industrial Grade

Segmentation by Application:

• Polycarbonate
• Chemical Intermediate
• Pharmaceuticals
• Others

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

 Key players profiled in the market report are:

• Thermo-Fisher Scientific Inc. (Alfa Aesar)
• Tokyo Chemical Industry Co. Ltd.
• Arrow Chemical Group Corp.
• Shandong Depu Chemical Industry Science & Technology Co. Ltd.
• Merck KGaA (Sigma-Aldrich Co. LLC)
• UBE Industries Limited
• Shandong Haike Chemical Group Co. Ltd.

For the Dimethyl Carbonate Market research study, the following years have been considered to estimate the market size: