According to a new market research report published by Global Insight Services “Dimethyl Carbonate Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Dimethyl carbonate is an organic compound with the chemical formula CH3O3C. It is a clear, colorless liquid with a slightly sweet odor. It is miscible with water and has a density of 1.11 g/mL. Dimethyl carbonate is used as a solvent and as a reaction intermediate. It is produced by the reaction of methanol and carbon dioxide.
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Key Players
- Ube Industries Ltd.
- Kowa Company Ltd.
- Kishida Chemical Co. Ltd.
- Shandong Shida Shenghua Chemical Group Co., Ltd.
- Guangzhou Tinci Materials Technology Co Ltd.
- Haike Chemical Group
Key Trends
The key trends in Dimethyl Carbonate technology are in the development of new processes for the production of Dimethyl Carbonate and in the use of Dimethyl Carbonate as a co-solvent in various industrial processes.
The development of new processes for the production of Dimethyl Carbonate has been driven by the need for a more environmentally friendly process. Dimethyl Carbonate can be produced by the direct reaction of methanol and carbon dioxide, but this process produces large amounts of carbon dioxide as a by-product. New processes have been developed that use renewable sources of methanol, such as biomass, to produce Dimethyl Carbonate with minimal carbon dioxide emissions.
The use of Dimethyl Carbonate as a co-solvent in various industrial processes has also increased in recent years. Dimethyl Carbonate is a highly effective solvent for a variety of organic compounds and can be used in place of more traditional solvents, such as ethyl acetate, to reduce the environmental impact of these processes.
Key Drivers
The key drivers of Dimethyl Carbonate market are its low toxicity, high solvency, low volatility, and high thermal stability. Dimethyl Carbonate is used as a solvent in the production of plastics, resins, and films. It is also used as a reagent in the production of pharmaceuticals and agrochemicals. Dimethyl Carbonate is also used as an electrolyte in lithium-ion batteries.
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Market Segments
By Application
- Polycarbonate
- Fuel Additive
- Solvent
- Lithium Battery
- Pharmaceuticals
- Pesticides
- Others
By End Use
- Plastic
- Paints & Coatings
- Medical
- Electronics
- Agrochemicals
- Others
Reasons to buy Dimethyl Carbonate Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
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