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Showing posts with the label Dimethyl Carbonate (DMC) Market Share

Dimethyl Carbonate (DMC) Market, Market Size, Segmentations, Trends Analysis Report, Key Players, Market dynamics, Challenges & Developments

  Dimethyl carbonate market  is an organic compound with the formula OC(OCH3)2. It is a clear, colorless, and flammable liquid with a pleasant odor. Known for its versatility, DMC is used in a variety of applications ranging from solvents and reagents in organic synthesis to electrolyte components in lithium-ion batteries. With the growing emphasis on sustainable and eco-friendly chemicals, the  Dimethyl carbonate market is poised for significant growth. This article delves into the current trends, drivers, challenges, and future prospects of the DMC market. Dimethyl Carbonate (DMC) Market Size was valued at USD 1.17 Billion in 2023. The Dimethyl Carbonate industry is projected to grow from USD 1.25 Billion in 2024 to USD 1.80 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.00% during the forecast period (2024 - 2032). Market Dynamics Drivers Growing Demand for Lithium-Ion Batteries : One of the primary drivers of the DMC market is its use ...

Dimethyl Carbonate (DMC) Market Share | Size forecast 2022-2027 made available by top research firm

  Dimethyl Carbonate Market: Dimethyl Carbonate (DMC) is a non-toxic, transparent, and versatile chemical which, as a compound can mix with almost all organic solvents. Market Research Future (MRFR) has published a research report about the global dimethyl carbonate market that predicts growth for this market between 2016 and 2023. The major market driving factor for the global dimethyl carbonate market share is the expanding polycarbonate market. Due to the changing behavioral pattern of consumers due to rapid industrialization and urbanization, the regional automotive and electronic sectors are experiencing a boost. Indirectly, this boost is generating demand for dimethyl carbonate as well. Demand for DMC is in paint and coating industry. Increasing activities in the construction sector, along with a rise in industrial coatings and special coatings are also leading to market growth. Eco-friendly chemical policies launched by the governments and competitive price are also boosting...