Dimethyl Carbonate Market Exceptional solubility and cost-efficiency 2025

Global Dimethyl Carbonate Market: Overview

Dimethyl carbonate (DMC) is a flammable, clear, and colorless liquid with a pleasant odor. Used as a methylating reagent and in the making of other chemicals, the compound is likely to witness growing demand over the next few years. It is also used in the cold sterilization of beverages, working against microorganisms that spoil beverages. Pharmaceuticals, polycarbonates, pesticides, and solvents can be some of the prominent application segments of the global dimethyl carbonate market.

Recently, the production of dimethyl carbonate has undergone a favorable transition. Previously, phosgene was used to produce dimethyl carbonate, resulting in harmful by-products. However, the current use of methanol, oxygen, and carbon monoxide in the process of production is significantly less toxic and eco-friendly. In addition to these advantages, by the virtue of its biodegradable properties, the demand for green reagent is poised to soar in the coming years.

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Global Dimethyl Carbonate Market: Key Trends

Sectors such as optical media, automotive, electronics, lighting, glazing, appliances, and medical have been exhibiting growing demand for dimethyl carbonate. Large scale construction activities increase the demand for paints and coatings that use dimethyl carbonate due to its exceptional solubility and cost-efficiency. As this product is a VOC-exempt solvent, the paints and coatings industry widely uses it as a carrier solvent.

On the other hand, tedious procedures for obtaining licenses might pose a threat to the growth of the market. Nevertheless, the high efficiency, advantageous properties, and technological advancement in the area of dimethyl carbonate is likely to bring forth substantial growth opportunities. Dimethyl carbonate can be viewed as an ideal alternative for ethanol, as it possesses lower toxicity, lower vapor pressure, and higher boiling point.

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Global Dimethyl Carbonate Market: Market Potential

One of the major developments in the global dimethyl carbonate market is the collaboration of AkzoNobel with research institutes in 2015 to produce dimethyl carbonate through a catalyst, using carbon dioxide.

The expanding market for lithium-ion batteries worldwide is likely to present opportunities potential for growth. The growth in global battery market will lend a hand to the expansion of the global dimethyl carbonate market, as advanced batteries are deployed in smartphones, tablets, laptops, electric cars, and even planes. CATL, a leading company producing batteries, aims at extending its output to emerge as the largest producer in the U.S., leaving behind the joint production of Panasonic and Tesla Motors by the end of 2017.

The polycarbonate industry will also contribute towards the growth of the market. China-based Luxi Chemical, a leading company manufacturing polycarbonates, announced in December 2016 that it is planning to build two new production lines.

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Global Dimethyl Carbonate Market: Regional Outlook

Based on geography, the global market for dimethyl carbonate can be segmented into Asia pacific, North America, Latin America, Europe, the Middle East, and Africa. North America, with the U.S. at the lead, appears to be dominating the regional milieu. The growth of this region can be attributed to the upgrading of public infrastructure coupled with government initiatives.

Asia Pacific has emerged as a regional market with great potential. The rising scope through applications in paints and coatings, automotive and electronics is expected to help the market achieve new heights. Moreover, the dimethyl carbonate markets in regions of Latin America, the Middle East, and Africa are slated for considerable growth.

Global Dimethyl Carbonate Market: Competitive Analysis

Some of the major companies operating in the global dimethyl carbonate market are HaiKe Chemical Group, BASF SE, Sigma-Aldrich, AkzoNobel, UBE Industries Limited, Tangshan Chaoyang Chemical, Alfa Aesar, Dongying City Longxing, EMD Millipore Corporation, Shandong Shida Shenghua Chemical Group Co., Ltd., and UBE Industries. Expansion of manufacturing capacities, development of a strong product portfolio, and catering to the unfulfilled needs of various regions are some of the chief concerns of numerous market players.

Dimethyl Carbonate Market Considerable Growth Rate by 2025

Global Dimethyl Carbonate Market: Overview

Dimethyl carbonate (DMC) is a flammable, clear, and colorless liquid with a pleasant odor. Used as a methylating reagent and in the making of other chemicals, the compound is likely to witness growing demand over the next few years. It is also used in the cold sterilization of beverages, working against microorganisms that spoil beverages. Pharmaceuticals, polycarbonates, pesticides, and solvents can be some of the prominent application segments of the global dimethyl carbonate market.

Recently, the production of dimethyl carbonate has undergone a favorable transition. Previously, phosgene was used to produce dimethyl carbonate, resulting in harmful by-products. However, the current use of methanol, oxygen, and carbon monoxide in the process of production is significantly less toxic and eco-friendly. In addition to these advantages, by the virtue of its biodegradable properties, the demand for green reagent is poised to soar in the coming years.

Request Sample Copy of the Report @

https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1514

Global Dimethyl Carbonate Market: Key Trends

Sectors such as optical media, automotive, electronics, lighting, glazing, appliances, and medical have been exhibiting growing demand for dimethyl carbonate. Large scale construction activities increase the demand for paints and coatings that use dimethyl carbonate due to its exceptional solubility and cost-efficiency. As this product is a VOC-exempt solvent, the paints and coatings industry widely uses it as a carrier solvent.

On the other hand, tedious procedures for obtaining licenses might pose a threat to the growth of the market. Nevertheless, the high efficiency, advantageous properties, and technological advancement in the area of dimethyl carbonate is likely to bring forth substantial growth opportunities. Dimethyl carbonate can be viewed as an ideal alternative for ethanol, as it possesses lower toxicity, lower vapor pressure, and higher boiling point.

Global Dimethyl Carbonate Market: Market Potential

One of the major developments in the global dimethyl carbonate market is the collaboration of AkzoNobel with research institutes in 2015 to produce dimethyl carbonate through a catalyst, using carbon dioxide.

The expanding market for lithium-ion batteries worldwide is likely to present opportunities potential for growth. The growth in global battery market will lend a hand to the expansion of the global dimethyl carbonate market, as advanced batteries are deployed in smartphones, tablets, laptops, electric cars, and even planes. CATL, a leading company producing batteries, aims at extending its output to emerge as the largest producer in the U.S., leaving behind the joint production of Panasonic and Tesla Motors by the end of 2017.

The polycarbonate industry will also contribute towards the growth of the market. China-based Luxi Chemical, a leading company manufacturing polycarbonates, announced in December 2016 that it is planning to build two new production lines.

Request TOC of the Report @

https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1514

Global Dimethyl Carbonate Market: Regional Outlook

Based on geography, the global market for dimethyl carbonate can be segmented into Asia pacific, North America, Latin America, Europe, the Middle East, and Africa. North America, with the U.S. at the lead, appears to be dominating the regional milieu. The growth of this region can be attributed to the upgrading of public infrastructure coupled with government initiatives.

Asia Pacific has emerged as a regional market with great potential. The rising scope through applications in paints and coatings, automotive and electronics is expected to help the market achieve new heights. Moreover, the dimethyl carbonate markets in regions of Latin America, the Middle East, and Africa are slated for considerable growth.

Read Comprehensive Overview of Report @

https://www.tmrresearch.com/dimethyl-carbonate-market.html

Global Dimethyl Carbonate Market: Competitive Analysis

Some of the major companies operating in the global dimethyl carbonate market are HaiKe Chemical Group, BASF SE, Sigma-Aldrich, AkzoNobel, UBE Industries Limited, Tangshan Chaoyang Chemical, Alfa Aesar, Dongying City Longxing, EMD Millipore Corporation, Shandong Shida Shenghua Chemical Group Co., Ltd., and UBE Industries. Expansion of manufacturing capacities, development of a strong product portfolio, and catering to the unfulfilled needs of various regions are some of the chief concerns of numerous market players.

Global Dimethyl Carbonate Market Estimated to reach US$ 553.3 Mn by 2025

Transparency Market Research has released a new market report titled Dimethyl Carbonate by Synthesis {Transesterification, Oxidative Methanol Carbonylation, and Others}, by Application {Pharmaceuticals, Pesticides, Solvents, Alternative Fuel Additives, and Polycarbonate} – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025.According to the report, the global dimethyl carbonate market was valued at US$ 345.9 Mn in 2016 and is projected to reach US$ 553.3 Mn by 2025 at a CAGR of 5.5% from 2017 to 2025.

Dimethyl carbonate is an organic compound classified as a carbonate ester. It is an eco-friendly compound that can be employed in the production of various chemicals, as a solvent. It had received its VOC exemption in many countries and is considered as a nontoxic, safe, and eco-friendly organic chemical. It is rapidly replacing toxic reagents such as phosgene, as a precursor in the production of polycarbonate.

In terms of volume and value, Asia Pacific accounted for major share of the global dimethyl carbonate market in 2016. It is likely to remain the dominant market during the forecast period. The region is expected to offer significant potential to the dimethyl carbonate market in the near future, with China being the dominant country. China is the manufacturing hub in the world with a presence of large number of polycarbonate, pharmaceutical, pesticide, chemical processing plants, etc., wherein there is perpetual demand for dimethyl carbonate. In China and Japan, dimethyl carbonate is mainly employed in the manufacturing of polycarbonates, while in India, it is primarily consumed by the pharmaceutical industry for manufacturing of ciprofloxacin and enrofloxacin. Dimethyl carbonate is often utilized in the manufacture of antibiotics in the pharmaceutical industry. Ciprofloxacin and carbadox can be manufactured from dimethyl carbonate. Ciprofloxacin is employed to prevent certain infections caused by bacteria. It is also used to treat or prevent anthrax in people who may have been exposed to anthrax germs in the air. Carbadox is an antibacterial agent that is utilized in veterinary medication for treating swine dysentery and enteritis.

Demand for dimethyl carbonate in North America region is propelled by pesticides manufacturing sector. The region is anticipated to expand at moderate rate during the forecast period. Companies in the region are focusing on development of new technology for manufacturing of dimethyl carbonate. E3Tec Service has developed a safer alternative to produce dimethyl carbonate by using CO2 sequestration. The process is based on (Heat Integrated Reactive Distillation.

Polycarbonate, followed by solvents and pesticides, were the major application segments in 2016, in Europe. Demand for dimethyl carbonate is anticipated to increase due to rapid growth in polycarbonate products in end-user industries and extensive development of advanced Li ion batteries for electric vehicles in the automotive industry in Europe.

In Latin America, Brazil and Mexico, being the largest producers of chemical products in Latin America, which in turn creating huge potentiality for dimethyl carbonate induced products in several applications such as VOC paints, pharmaceuticals and pesticides.

In Middle East & Africa, the alternative fuel additive application segment of the dimethyl carbonate market is expected to expand at a significant CAGR followed by the polycarbonate application segment, during the forecast period. Manufacturing of dimethyl carbonate for polycarbonate, oil additives, and solvent purposes has been observed in GCC as oil refining is undertaken in high volumes in the GCC countries.

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Key players operating in the dimethyl carbonate market include UBE Industries Limited, HaiKe Chemical Group, Alfa Aesar, Shandong Shida Shenghua Chemical Group Co., Ltd., Tokyo Chemical Industry Co., Ltd. (TCI), Tongling Jintai Chemical Industrial Co., Ltd., Arrow Chemical Group Corporation and Others