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Global Dimethyl Carbonate (DMC) Market Insight January 13, 2022 Comments

The Dimethyl Carbonate (DMC) is forecast to gradually increase over the next four years. According to the WK-chem Research “Global Dimethyl Carbonate (DMC) Professional Survey Report 2022, Forecast to 2027”, With the environmentally friendly chemical policy and competitive prices, the Dimethyl Carbonate (DMC) industry is developing at a stable speed. The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 6% base on WK-chem Research regression analysis model.

Analysts’Viewpoint:

“Its environmental friendliness and product potential are extremely high, which will drive the industry to continue to rise”,said Iris, Data Analyst, Industrial Products Market Research Center i in WK-chem Research.”Difficulties associated with implementing advanced technologies are likely to hinder the dimethyl carbonate market sales over the forecast time frame.”

Market insight:

Dimethyl carbonate, an environmentally friendly solvent that helps in the manufacture of rapidly biodegradable and non-toxic products, is the factor driving the growth of the dimethyl carbonate market.Dimethyl Carbonate has a variety of reactive properties, and has the characteristics of safe use, convenience, less pollution, and easy transportation in production. Because dimethyl carbonate is less toxic, it is a “green” chemical product with development prospects.

Competition Landscape:
This WKI market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Dimethyl Carbonate (DMC) companys that include AkzoNobel, UBE Industries, EMD Millipore Corporation, Tangshan Chaoyang Chemical, HaiKe Chemical Group.Sabic Spain in Spain, Bayer in Germany and Lotte in South Korea are the main producers in the dimethyl carbonate market, and most of their products are self-produced and self-consumed.

Segmentation of Structural Dimethyl Carbonate (DMC):

Dimethyl Carbonate (DMC) can be divided into industrial grade, medical grade and battery grade. Among them, the industrial grade dimethyl carbonate produced occupies more than half of the market share. These produced dimethyl carbonates are mainly used in the production of polycarbonates and electrolyte solvents.Polycarbonate can be used in electronics, optical media, medical. Strong growth in end-user industries such as automotive and electronics coupled with increasing product usage in these industries will positively impact the growth of the dimethyl carbonate market over the forecast period.

Dimethyl Carbonate (DMC) Market: Regional Analysis

In terms of geography, the global Dimethyl Carbonate (DMC) market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. The polycarbonate sector will expand at a rapid pace, particularly in Asia Pacific due to robust growth in the regional automotive and electronics sectors. Emerging economies in Asia Pacific are expected to be major markets for electronics due to modernization, such as increasing smartphone customer base, along with increasing consumer disposable income. This is expected to boost electrical components demand and the dimethyl carbonate market growth.

Cagr: 6%
Largest share area:Asia Pacific

Largest share country:China