Global Dimethyl Carbonate (DMC) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Synthesis;

Methanol Phosgenation, Oxidative Carbonylation of Methanol (ENI), Oxidative Carbonylation of Methanol Via Methyl Nitrate (UBE), Ethylene Carbonate Transesterification Process (ASAHI), Urea Transesterification, and Direct Synthesis From Co2.

By Application;

Polycarbonate Synthesis, Solvents, Reagents, Battery Electrolyte, and Others.

By Grade;

Industry Grade, Pharmaceutical Grade, and Battery Grade.

By End-Use Industry;

Plastics, Paints & Coatings, Pharmaceuticals, Batteries, Agrochemicals, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn949729312 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Dimethyl Carbonate (DMC) Market (USD Million), 2021 - 2031

In the year 2024, the Global Dimethyl Carbonate (DMC) Market was valued at USD 1,014.43 million. The size of this market is expected to increase to USD 1,545.59 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.

The global Dimethyl Carbonate (DMC) market has witnessed significant growth in recent years, driven by its versatile applications and increasing demand across various industries. Dimethyl Carbonate is a key organic chemical used as a solvent, intermediate, and in the production of other chemicals. Its eco-friendly properties and effectiveness in diverse applications make it a preferred choice in industries such as automotive, pharmaceuticals, and electronics.

The rise in environmental regulations and a growing emphasis on sustainability have propelled the demand for DMC, given its status as a green solvent with low toxicity and minimal environmental impact. The market is expanding due to its use as a cleaner alternative to traditional solvents, which often pose health and environmental risks. Furthermore, the increasing adoption of DMC in the production of batteries, particularly lithium-ion batteries, is contributing to market growth, driven by the expanding electric vehicle (EV) industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Synthesis
    2. Market Snapshot, By Application
    3. Market Snapshot, By Grade
    4. Market Snapshot, By End-Use Industry
    5. Market Snapshot, By Region
  4. Global Dimethyl Carbonate (DMC) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand in electronics
        2. Rising industrial applications
        3. Expanding automotive sector use
        4. Environmental benefits over alternatives
      2. Restraints
        1. High production costs
        2. Regulatory challenges
        3. Limited raw material availability
        4. Competition from substitutes
      3. Opportunities
        1. Expansion in renewable energy
        2. Innovation in manufacturing processes
        3. Emerging markets growth
        4. Increasing use in pharmaceuticals
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Dimethyl Carbonate (DMC) Market, By Synthesis, 2021 - 2031 (USD Million)
      1. Methanol Phosgenation
      2. Oxidative Carbonylation of Methanol (ENI)
      3. Oxidative Carbonylation of Methanol Via Methyl Nitrate (UBE)
      4. Ethylene Carbonate Transesterification Process (ASAHI)
      5. Urea Transesterification
      6. Direct Synthesis From Co2
    2. Global Dimethyl Carbonate (DMC) Market, By Application, 2021 - 2031 (USD Million)
      1. Polycarbonate Synthesis
      2. Solvents
      3. Reagents
      4. Battery Electrolyte
      5. Others
    3. Global Dimethyl Carbonate (DMC) Market, By Grade, 2021 - 2031 (USD Million)
      1. Industry Grade
      2. Pharmaceutical Grade
      3. Battery Grade
    4. Global Dimethyl Carbonate (DMC) Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Plastics
      2. Paints & Coatings
      3. Pharmaceuticals
      4. Batteries
      5. Agrochemicals
      6. Others
    5. Global Dimethyl Carbonate (DMC) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Tosoh Corporation
      3. Shanxi Sanwei Group
      4. Ube Industries, Ltd
      5. Canoe Chemicals
      6. Kuraray Co., Ltd
      7. Vertellus Holdings LLC
      8. Huntsman Corporation
      9. Mitsubishi Gas Chemical Company, Inc
      10. Global Bio-Chem Technology Group Company Limited
  7. Analyst Views
  8. Future Outlook of the Market