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Dimethyl Carbonate Market was valued at US$390.5 mn in 2014 and is projected to reach US$690.1 mn by 2023, expanding at a CAGR of 6.6% from 2015 to 2023
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Transparency Market Research Dimethyl Carbonate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 Published Date 2015-12-16 127 Page Report Request Sample Buy Now Press Release Dimethyl Carbonate Manufacturers to Benefit from Growing Demand from Paints and Coatings Makers, Says TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Dimethyl Carbonate Market REPORT DESCRIPTION Global Dimethyl Carbonate Market: Snapshot The two key drivers of dimethyl carbonate production are two of its largest applications in the industries of polycarbonates and paints and coatings. Polycarbonates are currently in very high demand from the rapidly growing end-user industries of automotive and electronics. Both industries are currently in full swing and are expected to continue growing in the near future. As a result, the higher demand for polycarbonates becomes a driver for the manufacture of dimethyl carbonate. Similarly, the paints and coatings industry is being boosted by the construction industry, consequently upping the demand for dimethyl carbonate. Browse Dimethyl Carbonate Market Research Report: http://www.transparencymarketresearch.com/dimethyl-carbonate-market.html With all these factors of influence in place, the global market for dimethyl carbonate is expected to progress at a CAGR of 6.6% between 2015 and 2023 in terms of revenue. By the end of 2016, this market revenue should be reaching US$440 mn. By the end of 2023, the market is expected to be valued at US$690.1 mn. In terms of volume, dimethyl carbonate global production is expected to weigh in at 599 kilo tons. Asia Pacific Demand for Dimethyl Carbonate on the Rise 2 Transparency Market Research
Dimethyl Carbonate Market By the end of 2023, the Asia Pacific demand for dimethyl carbonate is expected to be at 49.26% of the market. Europe comes in at second place in terms of demand, followed by North America in third. China is a massive contributor to the Asia Pacific demand for dimethyl carbonate. Together with Japan, the two regions are expected to take up more than three quarters of the total dimethyl carbonate volume in Asia Pacific by 2023. In fact, China is considered to be a top producer and consumer of dimethyl carbonate in the world currently, as the players in this country also export large quantities of dimethyl carbonate to emerging economies. Europe recognized dimethyl carbonate as a non-toxic chemical in 1992, after which it steadily started to replace chloromethane, phosgene, and methyl chloroformate in several end-use industries. A majority of the demand for dimethyl carbonate in Europe is expected to continue originating from Germany and France. Get exclusive sample of this report: http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=8245 Polycarbonate Industry Demand for Dimethyl Carbonate Continues to Grow By 2023, 53.2% of the total volume of dimethyl carbonate produced is expected to be taken up by the polycarbonate industry. Dimethyl carbonate is an important constituent in the manufacture of polycarbonates, as it is used to produce diphenyl carbonate, one of the core 3 Transparency Market Research
Dimethyl Carbonate Market chemicals in the condensation polymerization process that produces polycarbonates. The applications of polycarbonates are diverse and include appliances, lighting devices, medical devices, optical media, electronics, and automobiles. Most of these industries, especially the automotive and electronics industries, are showing a positive growth rate. Therefore, their demand for polycarbonates is expected to drive the production of dimethyl carbonate. The key players involved with the production of dimethyl carbonate include Dongying City Longxing Chemical Co., Ltd., Shandong Shida Shenghua Chemical Group Co., Ltd., Alfa Aesar, EMD Millipore Corporation, HaiKe Chemical Group, Akzo Nobel N.V., UBE Industries Limited, Tangshan Chaoyang Chemical Co., Ltd., and BASF SE. About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. 4 Transparency Market Research
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