Global Dimethyl Carbonate Market 2017-2021

This market research study identifies Akzo Nobel, Merck, UBE INDUSTRIES, HaiKe Chemical Group, and TONGLING JINTAI CHEMICAL INDUSTRIAL as the leading players in the global dimethyl carbonate market. A comprehensive analysis of this market is also presented by application (pharmaceutical, solvent, polycarbonate, pesticides, and others) and by geography (the Americas, APAC, Europe, and MEA).

Overview of the global dimethyl carbonate market

Technavio's dimethyl carbonate market research report identifies that the superior properties of dimethyl carbonate (DMC) will be one of the primary growth drivers for the global dimethyl carbonate market till 2021. DMC is highly popular among various end-users due to its eco-friendly nature and low price. It is also used as a fuel additive and can replace ethanol due to its low toxicity, low vapor pressure, high boiling point, non-hygroscopic, and fully miscible components. DMC is more beneficial in comparison to other methylating reagents such as iodomethane and dimethyl sulfate due to its biodegradability property. Manufacturers are now producing DMC from catalytic oxidative carbonylation of methanol with carbon monoxide and oxygen, which is non-toxic in nature unlike phosgene. Technavio's dimethyl carbonate industry analysis predicts that this market will grow at a CAGR of more than 6% by 2021.

The potential application of dimethyl carbonate in the energy sector is identified as one of the key trends that will drive the growth prospects for the global dimethyl carbonate market during the forecast period. Numerous battery companies extensively use DMC because it is used as an electrolyte solvent for lithium-ion rechargeable batteries. The rising adoption of hybrid vehicles across the globe will further boost the demand for DMC in lithium-ion rechargeable batteries.

What's your takeaway?

Technavio's industry research report on the global dimethyl carbonate market 2017-2021 will help you-

• Identify latent opportunities and explorative solutions in the dimethyl carbonate market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, applicable across 50+ countries

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Competitive landscape and key vendors

The dimethyl carbonate market is highly concentrated and characterized by the presence of few key players. A large number of small start-ups are trying to enter the market. The technological advances and competitive prices of the products will strengthen the competitive scenario of the market. Companies are trying to survive in the market and grow popular with time through heavy investments in research and developmental activities.

Key vendors in this market are -

• Akzo Nobel
• Merck
• UBE INDUSTRIES
• HaiKe Chemical Group
• TONGLING JINTAI CHEMICAL INDUSTRIAL

Other prominent vendors in the market include Alfa Aesar, Thermo Fisher Scientific, Dongying City Longxing, Chaoyang Chemicals, PANAX ETEC, Kishida Chemical, Kowa India, GuangDong JinGuang High-Tech Co., and Guangzhou Tinci Materials Technology.

Segmentation by application and analysis of the dimethyl carbonate market

• Pharmaceutical
• Solvent
• Polycarbonate
• Pesticides

Manufacturers highly prefer DMC to produce polycarbonate. Polycarbonate has low scratch-resistance and is highly durable. The consumption of polycarbonate is increasing in many industries such as the automotive, aircraft, railway, security components, medical, and electric and electronics for various applications. The rapid growth in the automotive and electronics sectors in APAC will boost the need for polycarbonate, which in turn, will fuel the adoption of dimethyl carbonate in the segment. The high penetration of smartphones and changing lifestyle will further drive the segment's growth.

Segmentation by geography and analysis of the dimethyl carbonate market

• Americas
• APAC
• Europe
• MEA

China and Japan are the major contributors to the growth in the DMC market in APAC. The presence of key vendors in China makes it the top producer and consumer of DMC in the world. The automotive and electric and electronics segments are flourishing in the region due to the high disposable income of consumers. In addition, the demand for DMC-based polycarbonate will continue to increase in the automotive segment due to its low scratch-resistance.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global dimethyl carbonate market?
• What are the key market trends impacting the growth of the global dimethyl carbonate market?
• What are the challenges to market growth?
• Who are the key vendors in the global dimethyl carbonate market?
• What are the market opportunities and threats faced by the vendors in the global dimethyl carbonate market?
• What are the trending factors influencing the market shares of the Americas, APAC, Europe, and MEA?
• What are the key outcomes of the five forces analysis of the global dimethyl carbonate market?

Technavio also offers customization on reports based on specific client requirement.

Globally, the metals and minerals industry has been witnessing continuous growth and is subject to rapid changes in consumers? demands due to the flourishing automotive and electronics industries, advent of technologies like such as 3D printing materials and automotive lightweight materials, and the rising population and improving GDP. This upcoming market research report on the dimethyl carbonate, for the forecast period of 2017 to 2021 includes an analysis of integrated components like carbon dioxide and methanol.

This industry report on the dimethyl carbonate also covers vendors like Shandong Shida Shenghua Chemical Group, BASF, All-Chemie Ltd, Dongying City Longxing, Alfa Aesar, Haike Chemical Group, Chaoyang Chemicals Inc, Merck KGaA, UBE Industries, and Akzo Nobel to offer clients insights into the market's competitive landscape. According to our analysts, introduction of strict licensing policies acting as roadblocks might make it difficult for vendors to increase their profit margins. However, due to the high demand from polycarbonate industry and increasing product capability to substitute ethanol as a fuel additive, the market may experience growth during the estimated period.

Additionally, to offer clients insights into the growth of this market space, this upcoming market research report on the dimethyl carbonate market also covers geographies like the Americas, Europe, APAC, and ROW. Furthermore, it also segments the market space in terms of application and analyzes the growth potential of market segments like polycarbonate, solvent, pharma, and agriculture.

Our market research reports for the metals and minerals industry also offer an analysis of rapidly-growing market segments like the global titanium mill products market, which is anticipated to post an impressive CAGR of more than 4% by 2021. Superior properties such as low toxicity, low vapor pressure, and high boiling point of dimethyl carbonate are expected to result in the rapid growth of the market in the coming years. 

Our market research methodology for the dimethyl carbonate

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.