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Dimethyl Carbonate Market Survey on Developing Application 2017 – 2025

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TMRR, in its recent market report, suggests that the keyword market report is set to exceed US$ xx Mn/Bn by 2029. The report finds that the keyword market registered ~US$ xx Mn/Bn in 2018 and is spectated to grow at a healthy CAGR over the foreseeable period. This keyword market study considers 2018 as the base year, 2019 as the estimated year, and 2019 – 2029 as the forecast timeframe.

The keyword market research focuses on the market structure and various factors (positive and negative) affecting the growth of the market. The study encloses a precise evaluation of the keyword market, including growth rate, current scenario, and volume inflation prospects, on the basis of DROT and Porter’s Five Forces analyses. In addition, the keyword market study provides reliable and authentic projections regarding the technical jargon.

Important regions covered in the keyword market research include Region 1 (Country 1, country 2), Region 2 (Country 1, country 2), Region 3 (Country 1, country 2) and Region 4 (Country 1, country 2).

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The keyword market study answers critical questions including:

  1. What tactics are being utilized by the keyword market players to expand their production footprint in region?
  2. What are the threats faced by players in the global keyword market mutually?
  3. Why region holds the majority of share in the global keyword market?
  4. Why segment has the largest consumption in region?
  5. Which industries remain the leading consumers of the keyword across the globe?

The content of the keyword market report includes the following insights:

  • Growth outlook of the global keyword market in terms of value and volume
  • Strategies utilized by different keyword market players.
  • Drivers, restraints, opportunities and trends (DROT Analysis) impacting the growth prospect for the keyword over the forecast period.
  • End use consumption of the keyword across various regions.
  • Identify the ecological impacts of the keyword and what regulations are being imposed on its usage.

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Key Trends

Sectors such as optical media, automotive, electronics, lighting, glazing, appliances, and medical have been exhibiting growing demand for dimethyl carbonate. Large scale construction activities increase the demand for paints and coatings that use dimethyl carbonate due to its exceptional solubility and cost-efficiency. As this product is a VOC-exempt solvent, the paints and coatings industry widely uses it as a carrier solvent.

On the other hand, tedious procedures for obtaining licenses might pose a threat to the growth of the market. Nevertheless, the high efficiency, advantageous properties, and technological advancement in the area of dimethyl carbonate is likely to bring forth substantial growth opportunities. Dimethyl carbonate can be viewed as an ideal alternative for ethanol, as it possesses lower toxicity, lower vapor pressure, and higher boiling point.

Global Dimethyl Carbonate Market: Market Potential

One of the major developments in the global dimethyl carbonate market is the collaboration of AkzoNobel with research institutes in 2015 to produce dimethyl carbonate through a catalyst, using carbon dioxide.

The expanding market for lithium-ion batteries worldwide is likely to present opportunities potential for growth. The growth in global battery market will lend a hand to the expansion of the global dimethyl carbonate market, as advanced batteries are deployed in smartphones, tablets, laptops, electric cars, and even planes. CATL, a leading company producing batteries, aims at extending its output to emerge as the largest producer in the U.S., leaving behind the joint production of Panasonic and Tesla Motors by the end of 2017.

The polycarbonate industry will also contribute towards the growth of the market. China-based Luxi Chemical, a leading company manufacturing polycarbonates, announced in December 2016 that it is planning to build two new production lines.

Global Dimethyl Carbonate Market: Regional Outlook

Based on geography, the global market for dimethyl carbonate can be segmented into Asia pacific, North America, Latin America, Europe, the Middle East, and Africa. North America, with the U.S. at the lead, appears to be dominating the regional milieu. The growth of this region can be attributed to the upgrading of public infrastructure coupled with government initiatives.

Asia Pacific has emerged as a regional market with great potential. The rising scope through applications in paints and coatings, automotive and electronics is expected to help the market achieve new heights. Moreover, the dimethyl carbonate markets in regions of Latin America, the Middle East, and Africa are slated for considerable growth.

Global Dimethyl Carbonate Market: Competitive Analysis

Some of the major companies operating in the global dimethyl carbonate market are HaiKe Chemical Group, BASF SE, Sigma-Aldrich, AkzoNobel, UBE Industries Limited, Tangshan Chaoyang Chemical, Alfa Aesar, Dongying City Longxing, EMD Millipore Corporation, Shandong Shida Shenghua Chemical Group Co., Ltd., and UBE Industries. Expansion of manufacturing capacities, development of a strong product portfolio, and catering to the unfulfilled needs of various regions are some of the chief concerns of numerous market players.

All the players running in the global keyword market are elaborated thoroughly in the keyword market report on the basis of R&D developments, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines, legal policies, and comparative analysis between the leading and emerging keyword market players.  

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This post was originally published on Space Market Research

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