Global Dimethyl Carbonate Market To Worth USD 1840 Million By 2022

Date: 2018-04-09

Dimethyl carbonate is an organic compound with the formula OC(OCH₃)₂. It is a colourless, flammable liquid. It is classified as a carbonate ester. This compound has found use as a methylating agent and more recently as a solvent that is exempt from the restrictions placed on most volatile organic compounds in the US. Dimethyl carbonate is often considered to be a green reagent.

The rising consumption from paints and coatings industry and the production of polycarbonate are remaining the major factors fueling the growth of Dimethyl carbonate market, according to research, the global Dimethyl Carbonate market is expected to worth USD 1840 million by 2022.

In terms of applications, Dimethyl carbonate market can be segmented into polycarbonate, solvent, fuel additive, pesticide, pharmaceuticals, and others. Since the growing construction and increasing automotive and electronic gadgets including cell phones and other appliances leads to demand the paints and coatings around the world, which directly positively impact the Dimethyl carbonate as a solvent for the market. According to research, the paints and coatings sectors are expected to remain the largest market for the forecast period. And the production of polycarbonate is expected to grow at the highest CAGR through the year of 2022.

Geographically, the Asia Pacific is the largest consumer of Dimethyl Carbonate. Among all the countries in the region, China and India are important consumers of Dimethyl Carbonate, with China held the largest share in the regional consumption in terms of volume of Dimethyl Carbonate in 2017.

Global top manufacturers operating in Dimethyl Carbonate Market are BASF SE, UBE, Alfa Aesar, Thermo Fisher Scientific, Merck KGaA, HaiKe Chemical Group, Tongling Jintai Chemical Industrial Co.,Ltd, Tangshan Chaoyang Chemical Co.Ltd., Arrow Chemical Group Corporation, Kowa India Pvt.Ltd, and Shandong Shida Shenghua Chemical Group Co. among others.

Global Dimethyl Carbonate market share by geography as following:

Read Full Report: http://www.gosreports.com/global-dimethyl-carbonate-dmc-market-research-report-2016/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 510-400-8520
Web: www.gosreports.com
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