Dimethyl Carbonate Market: Current Analysis and Forecast (2021-2027)


Emphasis on Grade (Industry Grade, Pharmaceutical Grade, and Battery Grade); Application (Polycarbonate Synthesis, Battery Electrolyte, Solvents, Reagents, and Others); End Use (Plastics, Paints & Coatings, Pharmaceutical, Battery, Agrochemicals, and Others); and Region/Country

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Research Methodology

Report Description

Dimethyl Carbonate Market 2
Dimethyl Carbonate Market 2


Dimethyl Carbonate Market was estimated to be around 822 million in 2020 and is anticipated to display a CAGR of around 6% over the forecast period (2021-2027). Dimethyl carbonate (DMC) is an important industrial chemical. It is also used as a chemical reagent, particularly for methylation and methoxy carbonylation reactions. It is used as an intermediate for making polycarbonate. Polycarbonate has wide applications in manufacturing compact disc, safety helmets, bullet-proof glass, car headlamp lenses, baby feeding bottles, roofing and glazing etc. due to its high strength, lightweight, good chemical and heat resistant. DMC is nontoxic to humans and does not negatively impact the environment, and is also quickly biodegradable, which makes it especially suitable for use as a chemical. Therefore, increasing demand for polycarbonates, battery electrolytes, reagents, and solvents would drive the market for DMC. However, use of highly toxic raw materials for DMC production would hamper the market growth of DMC.

Insights Presented in the Report

“Amongst grade, industrial grade segment holds the major share.”

Based on the grade, dimethyl carbonate market is divided into industry, pharmaceutical, and battery grades. The industrial grade sector holds significant market share because it is frequently utilized in the production of polycarbonates. It is also employed as a reagent in insecticides and as a solvent in paints and coatings. The need for industry grade dimethyl carbonate is projected to rise due to the increased need for polycarbonates from end use sectors including automotive and electrical and electronics. Further, battery grade category would grow at a significant rate during the forecast period this is due to rising demand electric vehicles where batteries are widely used.


“Amongst application, polycarbonate synthesis held lucrative market share in 2020.”

Based on application, DMC market is divided into polycarbonate synthesis, battery electrolyte, solvents, reagents, and others. Among all, polycarbonate synthesis hold lucrative market share as DMC is used as an intermediate for making polycarbonate, which consumes majority of its production. Further, the growing production of polycarbonate due to rising demand in the automotive and electronic industries would boost the DMC market growth. In addition, growing awareness about the ecofriendly manufacture of thermoplastics has aided DMC production. However, battery electrolyte is likely to grow at a considerable growth rate during the forecast period. This is owing to rising demand for batteries form automotive & transportation sector and energy storage systems as countries are shifting towards green economy by opting clean fuel.

“Amongst end use, plastics hold a prominent market share.”

Based on end use, DMC market is classified into plastics, paints & coatings, pharmaceutical, battery, agrochemicals, and others. Among all, plastics held prominent market share owing to usage of DMC in the production of polycarbonate resins. Further, dimethyl carbonate is often utilized in the manufacture of antibiotics in the pharmaceutical industry. Furthermore, battery category is likely to grow at an influential growth rate owing to rising demand of batteries in transportation & automotive sector. This is mainly due to countries are increasingly focusing on to decarbonize economy and to achieve their aims pledged in Paris Agreement.

“Asia Pacific represents as the prominent region in the Dimethyl Carbonate Market.”

For better understanding of the market penetration of dimethyl carbonate, the report provides a detailed analysis of major regions including North America, Europe, Asia Pacific, and the rest of the world. The Asia Pacific region hold substantial market share in dimethyl carbonate market. The increasing use of dimethyl carbonate in the manufacture of polycarbonate in emerging countries is fueling demand in this region. Growing demand for lithium-ion batteries from the electronics and automotive industries is projected to boost the lithium-ion battery electrolyte industry, and thereby propelling the demand of  dimethyl carbonate thus market is projected to grow at a significant growth rate. Further, the market is characterized by the presence of several market players that are catering to a wide range of customers in the region. These players adopt various strategies to remain competitive in the market and gain a competitive advantage over other players operating in the market.


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  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts
  • The report presents a quick review of overall industry performance at one glance
  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
  • The study comprehensively covers the market across different segments
  • Deep dive country-level analysis of the industry

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1.1.    Market Definitions
1.2.    Limitation
1.3.    Stake Holders
1.4.    Currency used in Report


2.1.    Research Process of the Dimethyl Carbonate Market
2.2.    Research Methodology of the Dimethyl Carbonate Market
2.3.    Forecasting Method
2.4.    Respondent Profile
2.5.    Main Objective of the Dimethyl Carbonate Market Study










7.1.    Industry Grade
7.2.    Pharmaceutical Grade
7.3.    Battery Grade


8.1.    Polycarbonate Synthesis
8.2.    Battery Electrolyte
8.3.    Solvents
8.4.    Reagents
8.5.    Others


9.1.    Plastics
9.2.    Paints & Coating
9.3.    Pharmaceutical
9.4.    Battery
9.5.    Agrochemicals
9.6.    Others


10.1.                     North America Dimethyl Carbonate Market 
10.1.1.    United States
10.1.2.    Canada
10.1.3.    Rest of North America
10.2.                     Europe Dimethyl Carbonate Market 
10.2.1.    Germany
10.2.2.    France
10.2.3.    United Kingdom
10.2.4.    Italy
10.2.5.    Spain
10.2.6.    Rest of Europe
10.3.                     Asia Pacific Dimethyl Carbonate Market
10.3.1.    China
10.3.2.    Japan
10.3.3.    India
10.3.4.    Australia
10.3.5.    Rest of Asia Pacific
10.4.                     Rest of World Dimethyl Carbonate Market 


11.1.                     Market Drivers
11.2.                     Market Challenges
11.3.                     Impact Analysis






15.1.                     Demand Side Analysis
15.2.                     Supply Side Analysis
15.2.1.    Top Product Launches
15.2.2.    Top Business Partnerships
15.2.3.    Top Business Expansions, Investments and Divestitures
15.2.4.    Top Merger and Acquisitions
17.1.                     Competitive Landscape
17.1.1.    Company Shares, By Revenue
18.1.                     Ube Industries, Ltd.
18.2.                     Kowa Company Ltd.
18.3.                     Shandong Shida Shenghua Chemical Group Co. Ltd.
18.4.                     Guangzhou Tinci Materials Technology Co. Ltd.
18.5.                     Haike Chemical Group Ltd.
18.6.                     Arrow Chemical Group Corp.
18.7.                     Panax Etec Co. Ltd.
18.8.                     Henan GP Chemicals Co. Ltd.
18.9.                     WEGO Chemical Group
18.10.                  Connect Chemicals GmbH




Research Methodology

Analyzing the historical market, estimation of the current market, and forecasting the future of the global dimethyl carbonate adoption were the three major steps undertaken to create and analyze the adoption of dimethyl carbonate across various segments in North America, Europe, Asia Pacific, and Rest of the world. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the dimethyl carbonate sector. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecast the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:

Seek More Details About Research Methodology

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the dimethyl carbonate through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the dimethyl carbonate market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments included in the report as end use, application, and grade. Further regional & country-level analyses were conducted to evaluate the overall adoption of the dimethyl carbonate in the global context.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of dimethyl carbonate. Further, we conducted factor analysis using dependent and independent variables such as rising construction activities and high purchasing power of population. A thorough analysis was conducted for demand and supply-side scenario considering top partnerships, merger and acquisition, business expansion, and product launches in the dimethyl carbonate industry. 


Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global dimethyl carbonate market, and market shares of the segments. All the required percentage split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., bottom-up approach was applied to arrive at the market forecast to 2027 for different segments and subsegments across the major regions globally. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of value (USD) and the adoption rate of dimethyl carbonate across the major markets
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the dimethyl carbonate market in terms of services offered. Also, the growth strategies adopted by these players to compete in the fast-growing market.

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major countries. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Dimethyl Carbonate Market 1
Dimethyl Carbonate Market 1


Market Engineering

Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the global dimethyl carbonate market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of end use, application, and grade

The main objective of the dimethyl carbonate market study

The current & future market trends of dimethyl carbonate were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends determine the overall attractiveness of the market at a global & country level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of dimethyl carbonate in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
  • Segments in the study include areas of end use, application, and grade. Defined analysis of the regulatory framework for the dimethyl carbonate industry
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
  • Analyze the current and forecast market size of the dimethyl carbonate for the major regions & countries
  • Major regions studied in the report include North America, Europe, Asia Pacific, and Rest of World
  • Company profiles of the dimethyl carbonate market players and the growth strategies adopted by them to sustain in the fast-growing market
  • Deep dive regional & country level analysis of the industry