The global dimethyl carbonate market is expected to be worth US$ 512.5 Million in 2022, representing a 5.6% year-on-year increase. DMC sales are predicted to rise at a 5.8% CAGR, reaching US$ 954.1 Million by 2032.
The global dimethyl carbonate market is projected to expand at a 5.8% CAGR over the assessment period, reaching US$ 954.1 Million by 2032. Increasing demand for battery materials owing to rising electric vehicle sales is expected to remain a key growth driver for sales of dimethyl carbonate.
Dimethyl carbonate is one of the key organic solvents and a chemical intermediate used in downstream applications. In addition to the conventional applications of dimethyl carbonate such as polycarbonate production, adhesives, sealants, coatings, etc. lithium battery electrolyte segment is gaining traction in the market.
The battery electrolyte segment is expected to witness significant growth owing to increasing applications. Industrial grade methyl carbonate is relatively a less pure grade of DMC and is mainly used in traditional downstream applications and for the manufacturing of polycarbonates, whereas battery grades are comparatively of high purity and are used in lithium batteries electrolytes.
Drivers and Challenges Impact Market Dynamics, which can Impact Businesses. Find more Insights in a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-5438
An increase in the preference for green or renewable chemicals is expected to boost sales of methylating agents in the forthcoming years, thereby augmenting the growth in the market.
“Growing demand for polycarbonate for the production of safety helmets, bulletproof glass, roofing and glazing, and others are expected to propel the consumption of dimethyl carbonate over the forecast period,” says an FMI analyst.
Key Takeaways:
Competitive Landscape
Ube Industries Ltd., Shandong Shida Shenghua Chemical Group Co. Ltd., Kowa Company Ltd., Kishida Chemical Co. Ltd., Haike Chemical Group, Zhejiang Petrochemical Co., Ltd., Guangzhou Tinci Materials Technology Co. Ltd., Hefei TNJ Chemical Industry Co., Ltd., Tangshan Chaoyang Chemical Co., Ltd., Qingdao Aspirit Chemical Co., Ltd., Kindun Chemical Co., Limited, Henan GP Chemicals Co. Ltd., Aceto Corporation, Connect Chemicals, Silver Fern Chemicals, Balaji Amines, are some of the leading manufacturers of dimethyl carbonate.
Contact Sales for Further Assistance in Purchasing this Report@
https://www.futuremarketinsights.com/checkout/5438
Dimethyl Carbonate Market Segmentation
By Grade:
By Application:
By End Use:
We Offer Tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-5438
More Insights into the Dimethyl Carbonate Market Report
In its latest report, FMI offers an unbiased analysis of the global dimethyl carbonate market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented based on grade, application, end-user, and region.
Explore FMI’s Extensive ongoing Coverage in the Chemicals & Materials Domain
Lauryl Dimethyl Amine Oxide Market: Lauryl dimethyl amine oxide is a type of fatty amine derivative. Lauryl dimethyl amine oxide is also known as N-lauryl-N, N-dimethylamine oxide, dodecyl dimethylamine oxide (DDAO), and N, N-Dimethyl-1-Dodecylamine N-Oxide.
Soda Ash Market: The soda ash market is estimated to be valued at US$ 19.9 billion in 2023 and is predicted to reach US$ 29.6 billion by 2033. The sales of soda ash recorded a CAGR of 4.0% during the forecast period.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Jun 18, 2023
Copyright © 2006 - 2023 PRnob Media, UBIC Solutions, LLC. All Rights Reserved.
