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Showing posts with the label Dimethyl Carbonate Market

Dimethyl Carbonate Market | Competition Benchmarking, Industry Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

  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 growth 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 th

Dimethyl Carbonate Market | Share, Size, Trends, Applications, Analysis, Growth, And Forecast To 2027

  Market Highlights The  Dimethyl Carbonate Market  is projected to be valued at  USD 594.3 Million and register a  CAGR of 4.49%  during the forecast period .  Dimethyl carbonate (DMC) is a transparent, non-toxic organic chemical with chemical representation OC(OCH3)2. DMC has a unique molecular structure and is flammable. It can easily mix with various organic solvents, such as ketones, alcohols, and ethers. DMC is prominently used as a methylating agent in the production of pharmaceuticals, namely analgesics and anti-pyretic drugs. It was produced using phosgene, but due to its high toxicity, the production of DMC is carried out by oxidation of methanol carbonylation or transesterification. There is rise in demand for DMC in the production of polycarbonate, which nearly accounts for more than  50%  of DMC consumption. The surging demand for polycarbonate in the automotive and electronics industries is expected to drive the global market growth. Also, polycarbonate is used in t