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Pulished Date January, 2021
ID: 10788
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Dimethyl Carbonate (DMC) Market Segmentation By Grade (Industrial Grade, Pharmaceutical Grade, Battery Grade and Others), By Application (Polycarbonate, Fuel Additive, Solvent, Lithium Battery, Pharmaceuticals, Pesticides and Others), By End Use (Plastic, Paints & Coatings, Medical, Electronics, Agrochemicals and Others) & By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) – Industry Analysis on Size, Share, Trends, Growth, Opportunities & Forecast Report | 2020 - 2025

Pulished: January, 2021
ID: 10788
Pages: 170

Dimethyl Carbonate (DMC) Market Size, Share & Growth (2020 - 2025)

The global Dimethyl Carbonate (DMC) Market is foreseen to enlist a robust CAGR of 4.49% to cross USD 594.3 Million by 2025.

Dimethyl carbonate (DMC) is a non-poisonous inorganic compound with substance equation OC(OCH3)2. It exists in fluid structure and has no color. DMC is combustible and can be delegated into a carbonate ester. It can without much of a stretch blend in with practically all-natural solvents, including alcohols, ketones, and ethers, among others. Besides, it is less poisonous in nature and has interesting sub-atomic structure, which makes it fit for different applications, specifically fuel added substances, pesticides, drugs, solvents, and others. It is fundamentally utilized as a methylating agent in the creation of analgesics, anti-infective, and antipyretic medications. Prior, DMC was delivered by reaction of phosgene with methanol. Because of the poisonous idea of phosgene gas, DMC is presently delivered by oxidation of methanol carbonylation or transesterification.

Recent Developments in the Dimethyl Carbonate (DMC) Industry:

  • In March 2016, Ube Industries, Ltd. signed a deal with CNSG Anhui Hong Sifang Co., Ltd, a fine chemicals manufacturer based in China. According to an agreement Ube has licensed its technology for manufacturing dimethyl carbonate (DMC) to CNSG Anhui Hong Sifang.
  • In December 2017, Shandong Shida Shenghua Chemical Group Co Ltd published about its cooperation agreement with a new energy research institute to extend its reach in the hydrogen fuel cell sand lithium-ion battery business. This development is foreseen to support the organizational efforts to create high purity solvents.
  • In December 2013, Ube Industries, Ltd. revised the prices for dimethyl carbonate (DMC) product. The company stated that the surge in prices for DMC in line with the increased expenses related to raw materials like methanol.

Dimethyl Carbonate (DMC) Market Drivers:

The developing manufacturing of polycarbonate because of expanding demand in the car and electronic enterprises is probably going to drive the worldwide dimethyl carbonate (DMC) market development, as DMC is generally utilized in the making of polycarbonate. It is considered as a greener option for assembling polycarbonates as it doesn't produce phenols or acids. Also, expanding concerns for eco-friendly creation of thermoplastics has additionally helped the DMC creation. Additionally, developing ecological concerns and tough guidelines to ensure natural wellbeing alongside significant competitive advantages of DMC are moving the worldwide market development.

Also, expanding interest for DMC from the paints and coating industry to deliver water-based eco-friendly paints is probably going to make worthwhile occasions to the market players working in this market. Likewise, DMC is considered as a superior option in contrast to conventional solvents utilized in paints as a result of no VOC discharges and no ecological effect. Moreover, its solubility is like the combination of solvents comprising naphtha light aromatics, which further makes it one of the most appropriate solvents for paints.

Dimethyl Carbonate (DMC) Market Segmentation:

Based on Grade, the industrial segment held the biggest market portion of 48.09% in 2018 and is assessed to arrive at USD 296.75 million during the survey time frame as a result of its most elevated DMC content (>99 weight %). It is to a great extent utilized in the creation of polycarbonate which is broadly utilized in car and electronic ventures. Additionally, it is utilized in the creation of cements and cleaning agents.

Based on Application, the polycarbonate portion controlled the worldwide market with a portion of 45.03% in 2018 and was calculated at USD 209.57 million. This is the result of its flexibility, low weight, high sturdiness, and better obstruction to heat and abrasion which makes it an appropriate thermoplastic for car, electronic, clinical, and development end-use enterprises. Polycarbonate is the best material utilized in different applications, for example, optical media, DVDs, and CDs.

Based on End-use, the plastic fragment represented the biggest market portion of 54.23% in 2018 and is extended to show a considerable CAGR of 4.18%. This is generally the result of the developing utilization of polycarbonate plastics in electric vehicles in the Asia-Pacific. Additionally, plastic-empowering advancements represent over 60% of the vehicle weight.

Based on Region, market is segmented in North America, Latin America, Europe, Asia Pacific, Middle East & Africa.

The Asia-Pacific market controlled the global Dimethyl Carbonate market with the biggest portion of 54.79% in 2018 and is assessed to enrol the most elevated CAGR of 5.39% before the finish of 2026. This is the result of the intense usage of DMC in gadgets, car, and paints and coatings businesses. Besides, enormous purchaser base and expanding disposable cashflow is further pushing the regional market. Moreover, expanding client inclinations towards color and superior quality paints in the countries is probably going to support the market. Likewise, the presence of major DMC makers in the countries, for example, Ube Industries Ltd, Shandong Shida Shenghua Chemical Group Co., Ltd., etc help in serving the items in the continent. China is the main nation in the continent, which is trailed by India, Japan, and South Korea.

The North American market represented the second-biggest market portion of 19.08% in 2018 and is probably going to show a moderate CAGR of 3.32% during the appraisal time frame attributable to the public authority activities to overhaul public framework in the locale. In addition, by virtue of recuperation of car and development areas and expanding ventures for structures and framework has additionally pushed the regional market development. The US is the significant benefactor in the locale because of the intense usage of DMC in drug industry.

Dimethyl Carbonate (DMC) Market Key Players:

The key firms operating in the global dimethyl carbonate (DMC) market are

  • Alfa Aesar
  • Thermo Fisher Scientific (US)
  • Ube Industries Ltd. (Japan)
  • Merck KGaA (Germany)
  • Shandong Shida Shenghua Chemical Group Co., Ltd. (China)
  • HaiKe Chemical Group Ltd. (China)
  • Arrow Chemical Group Corp. (China)
  • Tokyo Chemical Industry Co., Ltd. (Japan)
  • Tongling Jintai Chemical Industrial Co., Ltd. (China)
  • Tangshan Chaoyang Chemical Co., Ltd., (China)
  • Kowa India Pvt. Ltd. (India)

COVID-19 IMPACT ON DIMETHYL CARBONATE MARKET:

The synthetic substances and materials market, including the dimethyl carbonate, has its applications from car to clinical gadgets to institutional cleaners, saying that such a sector with such economic visibility will be extensively influenced by coronavirus outbreak. Based on the timeline of the pandemic and financial conditions, synthetics and materials organizations might be exploring from recovery to flourishing in 2021.

 

1. Introduction                       

            1.1 Market Definition            

            1.2 Scope of the report                      

            1.3 Study Assumptions                      

            1.4 Base Currency, Base Year and Forecast Periods             

2. Research Methodology                              

            2.1 Analysis Design               

            2.2 Research Phases              

                        2.2.1 Secondary Research     

                        2.2.2 Primary Research         

                        2.2.3 Data Modelling

                        2.2.4 Expert Validation          

            2.3 Study Timeline                

3. Report Overview                           

            3.1 Executive Summary                    

            3.2 Key Inferencees               

4. Market Dynamics                          

            4.1 Impact Analysis               

                        4.1.1 Drivers  

                        4.1.2 Restaints

                        4.1.3 Opportunities    

            4.2 Regulatory Environment             

            4.3 Technology Timeline & Recent Trends               

5. Competitor Benchmarking Analysis                                 

            5.1 Key Player Benchmarking                      

                        5.1.1 Market share analysis   

                        5.1.2 Products/Service          

                        5.1.3 Regional Presence        

            5.2 Mergers & Acquistion Landscape           

            5.3 Joint Ventures & Collaborations             

6. Market Segmentation                                

            6.1 Dimethyl Carbonate (DMC) Market, By Grade              

                        6.1.1 Industrial Grade

                        6.1.2 Pharmaceutical Grade  

                        6.1.3 Battery Grade   

                        6.1.4 Market Size Estimations & Forecasts (2021-2026)     

                        6.1.5 Y-o-Y Growth Rate Analysis    

                        6.1.6 Market Attractiveness Index    

            6.2 Dimethyl Carbonate (DMC) Market, By Application                

                        6.2.1 Polycarbonate   

                        6.2.2 Fuel Additive    

                        6.2.3 Solvents

                        6.2.4 Lithium Battery

                        6.2.5 Pharmaceuticals

                        6.2.6 Pesticides          

                        6.2.7 Market Size Estimations & Forecasts (2021-2026)     

                        6.2.8 Y-o-Y Growth Rate Analysis    

                        6.2.9 Market Attractiveness Index    

            6.3 Dimethyl Carbonate (DMC) Market, By End-Use                     

                        6.3.1 Plastic   

                        6.3.2 Paints & Coatings         

                        6.3.3 Medical 

                        6.3.4 Electronics        

                        6.3.5 Agrochemicals  

                        6.3.6 Market Size Estimations & Forecasts (2021-2026)     

                        6.3.7 Y-o-Y Growth Rate Analysis    

                        6.3.8 Market Attractiveness Index    

7. Geographical Landscape                           

            7.1 Global Identity Governance and Administration Market, by Region                 

            7.2 North America - Market Analysis (2018 - 2024)            

                        7.2.1 By Country       

                                    7.2.1.1 USA

                                    7.2.1.2 Canada

                        7.2.2 By Grade           

                        7.2.3 By Application 

                        7.2.4 By End-Use      

            7.3 Europe                 

                        7.3.1 By Country       

                                    7.3.1.1 UK

                                    7.3.1.2 France

                                    7.3.1.3 Germany

                                    7.3.1.4 Spain

                                    7.3.1.5 Italy

                                    7.3.1.6 Rest of Europe

                        7.3.2 By Grade           

                        7.3.3 By Application 

                        7.3.4 By End-Use      

            7.4 Asia Pacific                     

                        7.4.1 By Country       

                                    7.4.1.1 China

                                    7.4.1.2 India

                                    7.4.1.3 Japan

                                    7.4.1.4 South Korea

                                    7.4.1.5 South East Asia

                                    7.4.1.6 Australia & NZ

                                    7.4.1.7 Rest of Asia-Pacific

                        7.4.2 By Grade           

                        7.4.3 By Application 

                        7.4.4 By End-Use      

            7.5 Latin America                  

                        7.5.1 By Country       

                                    7.5.1.1 Brazil

                                    7.5.1.2 Argentina

                                    7.5.1.3 Mexico

                                    7.5.1.4 Rest of Latin America

                        7.5.2 By Grade           

                        7.5.3 By Application 

                        7.5.4 By End-Use      

            7.6 Middle East and Africa                

                        7.6.1 By Country       

                                    7.6.1.1 Middle East

                                    7.6.1.2 Africa

                        7.6.2 By Grade           

                        7.6.3 By Application 

                        7.6.4 By End-Use      

8. Key Player Analysis                                  

            8.1 Alfa Aesar            

                        8.1.1 Business Description    

                        8.1.2 Products/Service          

                        8.1.3 Financials         

                        8.1.4 SWOT Analysis

                        8.1.5 Recent Developments  

                        8.1.6 Analyst Overview         

            8.2 Thermo Fisher Scientific             

            8.3 Ube Industries Ltd                       

            8.4 Merck KGaA                   

            8.5 Shandong Shida Shenghua Chemical Group Co., Ltd                

            8.6 HaiKe Chemical Group Ltd                    

            8.7 Arrow Chemical Group Corp                  

            8.8 Tokyo Chemical Industry Co., Ltd                      

            8.9 Tongling Jintai Chemical Industrial Co., Ltd                  

            8.10 Kowa India Pvt. Ltd                  

9. Market Outlook & Investment Opportunities                               

Appendix                               

            List of Tables             

            List of Figures           

  • Global, regional, and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms of technology, application, end use and type along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysisfor analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global Dimethyl Carbonate (DMC) Market By Region, From 2021-2026 ( USD Billion )

  2. Global Dimethyl Carbonate (DMC) Market By Grade, From 2021-2026 ( USD Billion )

  3. Global Industrial Grade Market By Region, From 2021-2026 ( USD Billion )

  4. Global Pharmaceutical Grade Market By Region, From 2021-2026 ( USD Billion )

  5. Global Battery Grade Market By Region, From 2021-2026 ( USD Billion )

  6. Global Dimethyl Carbonate (DMC) Market By Application, From 2021-2026 ( USD Billion )

  7. Global Polycarbonate Market By Region, From 2021-2026 ( USD Billion )

  8. Global Fuel Additive Market By Region, From 2021-2026 ( USD Billion )

  9. Global Solvents Market By Region, From 2021-2026 ( USD Billion )

  10. Global Lithium Battery Market By Region, From 2021-2026 ( USD Billion )

  11. Global Pharmaceuticals Market By Region, From 2021-2026 ( USD Billion )

  12. Global Pesticides Market By Region, From 2021-2026 ( USD Billion )

  13. Global Dimethyl Carbonate (DMC) Market By End-Use, From 2021-2026 ( USD Billion )

  14. Global Plastic Market By Region, From 2021-2026 ( USD Billion )

  15. Global Paints & Coatings Market By Region, From 2021-2026 ( USD Billion )

  16. Global Medical Market By Region, From 2021-2026 ( USD Billion )

  17. Global Electronics Market By Region, From 2021-2026 ( USD Billion )

  18. Global Agrochemicals Market By Region, From 2021-2026 ( USD Billion )

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