MyWorldGo Dimethyl Carbonate Market Trends, Growth, Share, Size and Forecast Report 2023-2028

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  • منشور من طرف : dean ambrose
  • نشر على : Mar 29, 2023
  • الآراء : 127
  • الفئة : جنرال لواء
  • وصف : The global dimethyl carbonate market size reached US$ 1.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.6 Billion by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028

نظرة عامة

  • According to the latest report by IMARC Group “Dimethyl Carbonate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global dimethyl carbonate market size reached US$ 1.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.6 Billion by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

    Dimethyl carbonate, also known as DMC, methyl carbonate, or Carbonic Acid Dimethyl Ester with the molecular formula (C3H6O3), is a clear, colorless liquid, slightly soluble in water. It is a carbonic acid with methyl groups replacing both hydrogens. This versatile compound is created by reacting carbon monoxide with methanol. It has minimal toxicity and a mild, sweet odor similar to ester. In addition, it can easily dissolve in water and most organic solvents and is readily biodegradable. It also has a low vapor pressure and high boiling point, making it safer to handle than other volatile solvents. As a result, DMC is frequently employed as a solvent and reagent in producing numerous chemicals and products, such as agrochemicals, plastics, paints and coating, pharmaceuticals, and electronics sectors.

    Request for a free sample copy of this report: https://www.imarcgroup.com/dimethyl-carbonate-market/requestsample

    Dimethyl Carbonate Market Trends:

    The market is primarily driven by the rising demand for DMC for low-toxicity, biodegradable, safe solvents owing to the growing environmental concern. In addition, the widespread adoption of consumer electronics such as smartphones and laptops is contributing to the market growth. Moreover, the increasing product application in the automotive sectors, the rising adoption of electric vehicles (EVs), and the escalating demand for lithium-ion batteries owing to their benefits, such as better safety and improved capacity retention, represent other major growth-inducing factors. Besides this, the implementation of favorable government initiatives to encourage the use of eco-friendly variants is providing a positive thrust to market growth. Furthermore, the growing demand for DMC as a solvent in the extraction of active pharmaceutical ingredients and the formulation of sedatives, antihistamines, and antibiotics is also propelling the market growth.

    Report Segmentation:

    The report has segmented the market into the following categories:

    Grade Insights:

    Industry Grade
    Pharmaceutical Grade
    Battery Grade

    Application Insights:

    Polycarbonate Synthesis
    Battery Electrolyte
    Solvents
    Reagents
    Others

    End Use Industry Insights:

    Plastics
    Paints and Coating
    Pharmaceutical
    Electronics
    Agrochemicals
    Others

    Market Breakup by Region:

    North America (United States, Canada)
    Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
    Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
    Latin America (Brazil, Mexico, Others)
    Middle East and Africa

    Competitive Landscape:

    Connect Chemicals GmbH
    Kishida Chemical Co. Ltd.
    Kowa Company Ltd.
    Merck KGaA
    Qingdao Aspirit Chemical Co. Ltd.
    Thermo Fisher Scientific Inc.
    Tokyo Chemical Industry
    UBE Corporation.

    Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=7086&flag=C

    If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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