Dimethyl Carbonate (DMC) Market Insights and Industry Analysis by Grade (Industrial Grade, Pharmaceutical Grade, Battery Grade and others), Application (Polycarbonate, Fuel Additive, Solvent, Lithium Battery, Pharmaceuticals, Pesticides and others), End Use (Plastic, Paints & Coatings, Medical, Electronics, Agrochemicals and others) and Region, Competitive Market Size, Share, Trends, and Forecast to 2030
New York, USA, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Dimethyl Carbonate (DMC) Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Dimethyl Carbonate (DMC) Market Information by Grade, Application, End Use, And Region - Forecast till 2030”, the market is estimated to grow at a 6.2% CAGR to reach USD 1.8 Billion by 2030.
Dimethyl carbonate is a versatile chemical with admirable properties, high solubility, and low toxicity. It is a chemical substance with a pallid look that is combustible and odorless. It has a high level of chemical reactivity. Before, dimethyl carbonate was created by the interaction of methanol with phosgene, but because of phosgene's extreme toxicity, different processes, such as transesterification or copper catalysis, are now used to create the chemical. There are numerous uses for dimethyl carbonate in end-use industries. Due to its advantageous chemical properties, dimethyl carbonate is frequently employed as a solvent in the paint and coatings industry.
The market need for dimethyl carbonate will increase due to the rising demand for lithium-ion batteries. Portable electricity is a feature offered by lithium-ion batteries, which power devices like mobile phones, computers, and tablets. They also provide power for power tools and medical equipment. In the fields of manufacturing, energy storage, mining, and other industries, lithium is regarded as a necessary material. Lithium-ion batteries provide backup power in an emergency when there is a power outage or fluctuation.
Get Free Sample PDF Brochure @ https://www.marketresearchfuture.com/sample_request/5486
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
By Grade, Application, End Use, And Region
North America, Europe, Asia-Pacific, and Rest of the World (RoW)
The paints and coating industry, which has more demand for eco-friendly paints
The central contenders for the dimethyl carbonate market are:
Arrow Chemical Group Corp. (China)
Shandong Shida Shenghua Chemical Group Co., Ltd. (China)
Kishida Chemical Co. Ltd. (Japan)
Guangzhou Tinci Materials Technology Co., Ltd. (China)
Market U.S.P. Covered:
Dimethyl carbonate is one of the ideal organic chemicals for usage in various end-use industries due to its non-toxicity, biodegradability, and high solvency. As a result, it is gradually replacing other chemicals such as xylene, benzene, ethyl, and acetone as a solvent, which is considered to be one of the key causes in the growth of the dimethyl carbonate market. Additionally, due to the current development in the building industry, its application in paints and coatings is predicted to fuel the expansion of the dimethyl carbonate market. Acids and phenols are not produced during the manufacture of polycarbonate. As polycarbonate needs increase in the electronics and automotive sectors, more orders are placed, and the demand for DMC products rises.
DMC production is growing daily as it manages the environmentally friendly production of thermoplastics. The DMC market also works to maintain environmental health, a big plus for expanding naturally in the international market. As a result, the paints and coatings business, which has increased demand for eco-friendly paints, is another important driver. Numerous market participants have entered the worldwide dimethyl carbonate market due to the growing demand from these sectors.
The requirement for dimethyl carbonate is increasing globally, but the producers are running into some difficulties that are expected to impede the expected expansion. Dimethyl carbonate makers are subject to strict licensing requirements, which makes it difficult for manufacturers to obtain licenses and may ultimately harm growth. During the forecast period, it is also projected that difficulties in implementing cutting-edge technology to create a desirable process environment will hinder the growth of the dimethyl carbonate market.
Browse In-depth Market Research Report (163 Pages) on Dimethyl Carbonate (DMC) https://www.marketresearchfuture.com/reports/dimethyl-carbonate-market-5486
COVID 19 Analysis
The dimethyl carbonate market is one of the industries being impacted by the continuing epidemic. Due to their inability to supply their goods to all the countries during this shutdown, the important players suffered enormous losses in their businesses. The dimethyl carbonate market vendors have implemented new strategic plans to increase consumer demand, but suddenly things have changed. They launched various changed items in response to COVID-19 consumer needs, which enabled them to accomplish their objective. The major firms have assumed significant responsibility for promoting their market niches and regaining their standing in the international market. The ongoing COVID-19 scourge is negatively impacting the market for dimethyl carbonate. Given that Chinese businesses employ polycarbonate and lithium battery manufacturing extensively, the emerging virus is disrupting supply chains and harming the Chinese economy. In most nations where COVID-19 cases are on the rise, there is a state of lockdown, which has caused manufacturing facilities to stop operating until the virus passes temporarily.
By grade, the market consists of battery grade, industrial grade, and pharmaceutical grade. By end use, the market consists of plastic, medical, agrochemicals, paints & coatings, and electronics. The market consists of lithium battery, pharmaceuticals, polycarbonate, solvent, pesticides, and fuel additive by application.
Buy Now: https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=5486
The increasing demand for polycarbonate in the region's automotive and electronics industries is expected to make Asia-Pacific one of the main forces in the worldwide dimethyl carbonate market. One of the key drivers of the dimethyl carbonate market's expansion in the area is an increase in per capita income. In North America, the demand for DMC significantly increased after it was taken from the VOC list. The projection period is expected to see significant growth in Europe and North America due to the widespread usage of environmentally friendly chemicals as intermediates. Demand for dimethyl carbonate in the region is anticipated to increase throughout the coming years due to the significant increase in the use of polycarbonates in the Asia-Pacific.
Due to a rise in demand for dimethyl carbonate in multiple end applications like cleaning products, adhesives, paints and coatings, pesticides, and lithium-ion batteries in the region, the dimethyl carbonate market in Asia-Pacific is anticipated to grow at a promising rate during the forecast period. The spike in demand for coatings and paints from the building industry is expected to lead the demand for dimethyl carbonate in LAMEA to continue growing steadily. As a result, it is projected that the global market for dimethyl carbonate will increase strongly and steadily during the coming years.
Share your Queries @ https://www.marketresearchfuture.com/enquiry/5486
Discover more research reports on Chemical Industry, by Market Research Future:
Battery Additives Market: Information by Type (Conductive Additive, Porous Additive, and Nucleating Additive), Application (Li-Ion Batteries, Lead-Acid Batteries), and Region (Asia-Pacific, North America, Europe, Latin America) — Forecast till 2030
Alpha-Methylstyrene Market: Information by Purity (<99%, >99%), Application (Resin [acrylonitrile-butadiene-styrene (ABS), Polyester, and Alkyd], Plasticizer, Adhesives, Waxes, Chemical Intermediate, Finishing Agents) and Region - Forecast till 2030
Phase-Transfer Catalyst Market: Information by Type (Ammonium Salts, Phosphonium Salts, Crown Ethers, and Cryptands), Application (Pharmaceuticals [Active Pharmaceuticals Ingredients, Drug Formulation], Agrochemicals), and Region — Forecast till 2030
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
On Wednesday, the Fed bumped up interest rates again, its third 75-basis point hike since June, and signaled that there could be two more such hikes by the end of this year. The conventional wisdom has the Fed acting properly, and aggressively, in an attempt to counter inflation raging at 40-year high levels. But conventional wisdom isn’t always right – and we can learn a lot by consulting the contrarians. Few top investors are more contrarian than Cathie Wood. The founder and manager of ARK Inv
KEY WORDS “I think we’re giving Powell too much praise. … The last two years are one of the biggest policy mistakes in the 110-year history of the Fed by staying so easy when everything was booming.
The shipping company has developed a reputation as one of the best dividend stocks around
Homeowners beware. But don't panic, either.
You have just a few weeks to pounce on Treasury I bonds' sky-high interest rate. Also called Series I savings bonds, their interest rate is 9.62%.
And what it means for your wealth-building options.
“We printed up too much money, and just thought the party would never end,” Icahn said, adding that with the Fed raising rates to fight inflation, "the party's over."
In this article, we will look at the 4 stocks billionaire Leon Cooperman is talking about right now. If you want to skip reading about Leon Cooperman, his investment career, and his stock-picking strategy, you can go directly to Billionaire Leon Cooperman is Talking About These 2 Stocks. Leon Cooperman’s Investment Career Leon Cooperman is […]
Warren Buffett’s long-term investment strategy has proven to be successful through virtually all market conditions over the past several decades – recession, high inflation and deflation. If there’s one thing that’s made Buffett one of the most successful investors in history, it’s his commitment to his strategy. A countless number of new investment techniques and algorithms have come and gone over the years, but Buffett has maintained his relatively simple strategy of picking solid companies an
Novavax, Inc. stock is trending on the Yahoo Finance Platform. Here is a visualization of $NVAX performance over time, how that performance compares to the wider industry, and analyst projections for the current quarter.Check out the ticker page here.
Yahoo Finance's Jared Blikre joins the Live show to check out market and sector losses amid today's sell-off, while also looking at meme stocks and the travel industrial.
Yahoo Finance Live anchor Seana Smith highlights stocks moving in after-hours trading, including Ford, FedEx, and Moderna.
As much as stocks are falling, moves in another financial market have even more profound implications for the global economy.
See who joins GOOGL and MSFT on this screen of Warren Buffett stocks based on the investing strategy of Berkshire Hathaway's CEO.
At a companywide all-hands meeting this week, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) chief Sundar Pichai juggled tough questions from employees regarding cuts to travel and entertainment budgets, managing productivity, and potential layoffs. Employees questioned why Google is "nickel-and-diming employees" by cutting travel and swag budgets despite record profits and substantial cash reserves as it did after the pandemic. Pichai emphasized acting responsibly to tide through such critical sit
Yahoo Finance reporter Alexandra Semenova breaks down Cathie Wood's decision to hand off her role as portfolio manager on two ETFs.
NEW YORK (Reuters) -A week of heavy selling has rocked U.S. stocks and bonds, and many investors are bracing for more pain ahead. Wall Street banks are adjusting their forecasts to account for a Federal Reserve that shows no evidence of letting up, signaling more tightening ahead to fight inflation after another market-bruising rate hike this week. The S&P 500 is down more than 22% this year.
Goldman finally decided to stop fighting the Fed and no longer sees the index finishing the year at 4300.
Workers questioned Google execs earlier this year after the company's 'Googlegeist' survey results came out.
Boise, Idaho; Philadelphia; Pensacola, Fla.; Austin; and Reno, Nev.; Minnesota; and Utah are the housing markets with the most buyer pullback, says one home builder.