(PharmaNewsWire.Com, December 20, 2021 ) The report "Dimethyl Carbonate Market by Application (Polycarbonate Synthesis, Battery Electrolyte, Solvents, Reagents), End-Use Industry (Plastics, Paints & Coatings, Pharmaceuticals), Grade (Industry, Pharmaceutical, Battery), Region - Global Forecast to 2026", The dimethyl carbonate market is projected to grow from USD 847 million in 2021 to USD 1,148 million by 2026, at a CAGR of 6.3% from 2021 to 2026. Growing demand for lithium-ion battery electrolytes is expected to drive the global dimethyl carbonate market.
Browse 281 market data Tables and 36 Figures spread through 244 Pages and in-depth TOC on "Dimethyl Carbonate Market by Application (Polycarbonate Synthesis, Battery Electrolyte, Solvents, Reagents), End-Use Industry (Plastics, Paints & Coatings, Pharmaceuticals), Grade (Industry, Pharmaceutical, Battery), Region - Global Forecast to 2026"
The polycarbonate synthesis segment is estimated to account for the largest share of the dimethyl carbonate market in 2020.
By application, the polycarbonate synthesis segment is estimated to account for the largest share of the dimethyl carbonate market in 2020. Dimethyl carbonate is used to manufacture polycarbonate by the well-established and rapidly expanding non-phosgene melt process. Polycarbonate is used across industries such as automotive and electrical & electronics due to its superior physical properties such as heat resistance, impact resistance, structural stability, and optical transparency. The growing demand from polycarbonate from the automotive and electrical & electronics industries is driving the market for dimethyl carbonate across the globe.
The plastics segment is estimated to account for the largest share of the dimethyl carbonate market in 2020.
By end-use industry, the plastics segment accounted for the largest share of the dimethyl carbonate market in 2020. Dimethyl carbonate is used as an intermediate in polycarbonate synthesis. PC has become an important environment-friendly and recyclable form of commercial polymer with numerous uses in different industries such as automotive, electrical & electronics. The growing demand for plastic products specially the polycarbonate is expected the drive the demand of dimethyl carbonate across the globe.
Asia Pacific is estimated to account for the largest share of the global dimethyl carbonate market in 2020
The Asia Pacific region accounted for the largest share of the dimethyl carbonate market in 2020. China, India, Japan, and South Korea are major countries contributing to the increased demand for dimethyl carbonate in this region. In China, Japan, Korea, Thailand, and Taiwan, dimethyl carbonate is mainly used in the production of polycarbonates, while in India, it is primarily consumed by the pharmaceutical, paints & coatings, and agrochemical industries to manufacture different products such as medicines, paints, and pesticides.
Ube Industries Ltd. (Japan), Merck KGaA (Germany), Kowa Company Ltd. (Japan), Kishida Chemical Co. Ltd. (Japan), Shandong Shida Shenghua Chemical Group Co., Ltd. (China), Guangzhou Tinci Materials Technology Co., Ltd. (China), Haike Chemical Group (China), Arrow Chemical Group Corp. (China), and Panax Etec (Korea) are some of the leading players operating in the dimethyl carbonate market.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Biotechnology & Pharmaceuticals resource center today to browse our selection of 600+ complimentary Biotechnology & Pharmaceuticals magazines, white papers, webinars, podcasts, and more. Get popular titles including:
