Dimethyl Carbonate Market Size, Share, Opportunities, And Trends By Grade (Battery Grade, Industry Grade, Pharmaceutical Grade), By Application (Polycarbonate Synthesis, Lithium-ion Batteries, Solvents, Reagents, Others), And By Geography - Forecasts From 2025 To 2030

Description

Dimethyl Carbonate Market Size:

The Dimethyl Carbonate Market will expand from USD 1.387 billion in 2025 to USD 1.927 billion by 2030, fueled by a 6.80% compound annual growth rate (CAGR).

Dimethyl Carbonate (acronym - DMC) is an organic compound usually produced by reacting phosgene and methanol. It is a colorless and flammable liquid often recognized as a green reagent. The compound is industrially prepared by a process of transesterification of ethylene carbonate or propylene carbonate and methanol and has observed its application not only as a methylating agent but also in the formation of coatings, adhesives, and cleaning agents.

The ecologically sound compound is likewise utilized as a raw material or a significant input for the synthesis and reaction that involve methylation, carbonylation, and carbomethoxylation.

DMC being a combustible solvent has its minimum ignition temperature of 17 degrees C or 63-degree Fahrenheit which therefore restricts its utilization in consumer and indoor employment. However, from the perspective of combustibility, DMC is much more risk-free and impregnable to ply with than acetone, methyl acetate, and methyl ethyl ketone.

The key driver of the Dimethyl Carbonate market is the increasing use of polycarbonate as an input in numerous industries propelling the growth of the market during the forecast period. The favorable properties of the organic compound are likely to increase its utilization further in the coming years. Being environment friendly, losing its status as a Volatile Organic compound has is expected to further increase the demand for Dimethyl Carbonate. Rising demand for lithium-ion batteries by different end-users is also likely to fuel the growth of the Dimethyl Carbonate market.

Dimethyl Carbonate Market Growth Drivers:

• Increasing adoption by various end-users to drive market growth.

The demand for Dimethyl Carbonate is increasing as a raw material by various industries like electrical & electronics, automotive, fuel additives, solvents, building & construction, pesticides, consumer products, and medical and pharmaceuticals. This is mainly attributed to the favorable properties of the compound having a distinctive molecular structure like versatile use, low toxicity, and quick biodegradability. DMC has been increasingly used to synthesize polycarbonate, polyurethane, medicine, and agricultural chemicals. Due to its environment-friendly characteristic, DMC is now extensively being used by the paint and coating industry owing to the rising demand for eco-friendly paints. This increasing adoption of Dimethyl Carbonate by various end-users as an intermediate good across numerous industries points at the inclining growth of the market.

• Rising demand for lithium-ion batteries to increase fuel the growth.

The manufacturers of electronic devices like mobile phones, tablets, and laptops have been increasingly demanding Dimethyl Carbonate as an input for the production of lithium-ion batteries to be assembled in these devices. Additionally, the increasing adoption and production of electric vehicles are also driving the growth of the dimethyl carbonate market due to the rising demand for lithium-ion batteries for these vehicles.

Opportunity as a fuel additive.

The favorable properties of Dimethyl Carbonate like low flash point, high oxygen content, low carbon to oxygen and high hydrogen to carbon ratio, and non-corrosiveness make it commendatory for Dimethyl Carbonate to be used as a fuel additive. This is a major growth prospect for the market as it has become a necessity to discover and adopt alternatives to non-renewable and exhaustive fossil fuel sources. The governments are also encouraging the practice of the utilization of renewable non-conventional hydrocarbon fuels, oxygenated fuels. This is a door of opportunity for the Dimethyl Carbonate Market.

• Production cost fluctuations challenge.

There are different ways possible for synthesizing Dimethyl Carbonate. Different materials used have different costs and characteristics. This creates fluctuations in the production price of Dimethyl Carbonate. This disequilibrium in production price can prove to be a hindrance to the growth of the market.

• Toxic raw materials to hinder the market growth.

Some toxic raw materials are utilized for the synthesis of Dimethyl Carbonate. In the traditional process of production of Dimethyl Carbonate, some harmful by-products such as sodium chloride are generated because of the utilization of some toxic gases like phosgene and carbon monoxide. In the current process of production of Dimethyl Carbonate, the highly toxic and deadly chemical phosphene is used. This utilization of toxic raw materials is a huge obstacle in the growth of the Dimethyl Carbonate market.

Additionally, methanol, ethylene oxide, and CO2 are crude-oil-based derivatives that are used as raw materials for synthesizing Dimethyl Carbonate. However, there has been a lot of instability in oil and gas prices leading to a variation in the availability and prices of these raw materials required for the production of Dimethyl Carbonate. This is another impediment to the Dimethyl Carbonate market.

Based on Grade, the Dimethyl Carbonate Market has been segmented into Battery Grade, Industry Grade, and Pharmaceutical Grade.

Dimethyl Carbonate Market Segmentation Analysis:

Based on End-Use Industry, the Dimethyl Carbonate Market is categorized into Agrochemicals, Batteries, Paints & Coatings, Pharmaceuticals, Plastics, and others.

By Application, the Dimethyl Carbonate Market studied across Polycarbonate Synthesis, lithium-ion batteries, Solvents, Reagents, Others.

Geographically, the market is segmented into North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. Asia-Pacific region is expected to grow at the fastest pace owing to the increasing demand and utilization of polycarbonates by the various industries across the region and the increased inclining demand for lithium-ion batteries in the region due to the growing electric vehicle market and rising technology adoption.

Segmentation

• By Grade
  • Battery Grade
  • Industrial Grade
  • Pharmaceutical Grade
• By Application
  • Lithium-ion Battery Electrolytes
  • Polycarbonate Synthesis
  • Solvents
  • Reagents
  • Fuel Additives
  • Pharmaceuticals
  • Others
• By End-User Industry
  • Automotive
  • Electronics
  • Pharmaceutical
  • Chemicals & Materials
  • Paints & Coatings
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Others

Table Of Contents

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. DIMETHYL CARBONATE MARKET BY GRADE

5.1. Introduction

5.2. Battery Grade

5.3. Industrial Grade

5.4. Pharmaceutical Grade 

6. DIMETHYL CARBONATE MARKET BY APPLICATION

6.1. Introduction

6.2. Lithium-ion Battery Electrolytes

6.3. Polycarbonate Synthesis

6.4. Solvents

6.5. Reagents

6.6. Fuel Additives

6.7. Pharmaceuticals

6.8. Others 

7. DIMETHYL CARBONATE MARKET BY END-USER INDUSTRY

7.1. Introduction

7.2. Automotive

7.3. Electronics

7.4. Pharmaceutical

7.5. Chemicals & Materials

7.6. Paints & Coatings 

8. DIMETHYL CARBONATE MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Grade

8.2.2. By Application

8.2.3. By End-User Industry

8.2.4. By Country

8.2.4.1. USA

8.2.4.2. Canada

8.2.4.3. Mexico

8.3. South America

8.3.1. By Grade

8.3.2. By Application

8.3.3. By End-User Industry

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.2. Argentina

8.3.4.3. Others

8.4. Europe

8.4.1. By Grade

8.4.2. By Application

8.4.3. By End-User Industry

8.4.4. By Country

8.4.4.1. United Kingdom

8.4.4.2. Germany

8.4.4.3. France

8.4.4.4. Spain

8.4.4.5. Others

8.5. Middle East and Africa

8.5.1. By Grade

8.5.2. By Application

8.5.3. By End-User Industry

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.2. UAE

8.5.4.3. Others

8.6. Asia Pacific

8.6.1. By Grade

8.6.2. By Application

8.6.3. By End-User Industry

8.6.4. By Country

8.6.4.1. China

8.6.4.2. Japan

8.6.4.3. India

8.6.4.4. South Korea

8.6.4.5. Taiwan

8.6.4.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. UBE Industries Ltd.

10.2. Shandong Shida Shenghua Chemical Group Co., Ltd.

10.3. Merck KGaA

10.4. Kishida Chemical Co., Ltd.

10.5. Haike Chemical Group

10.6. Tokyo Chemical Industry Co., Ltd.

10.7. KOWA American Corporation

10.8. Lotte Chemical Corporation

11. APPENDIX

11.1. Currency

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key benefits for the stakeholders

11.5. Research Methodology 

11.6. Abbreviations 

LIST OF FIGURES

LIST OF TABLES

Companies Profiled

UBE Industries Ltd.

Shandong Shida Shenghua Chemical Group Co., Ltd.

Merck KGaA

Kishida Chemical Co., Ltd.

Haike Chemical Group

Tokyo Chemical Industry Co., Ltd.

KOWA American Corporation

Lotte Chemical Corporation

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