Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Dimethyl Carbonate Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Dimethyl Carbonate Market?
The market size for dimethyl carbonate has been showing a steady growth. It is expected to rise from $1.13 billion in 2024 to $1.18 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 4.2%.
What Is the Forecasted CAGR for the Dimethyl Carbonate Market by 2029?
The market size for dimethyl carbonate is projected to reach $1.51 billion by 2029, with a compound annual growth rate (CAGR) of 6.4%.
Download the Free Sample Now:
What Are the Market Drivers in the Dimethyl Carbonate Industry?
The key Drivers in the dimethyl carbonate market are:
• Rising demand for lithium-ion batteries
• Utilization of dimethyl carbonate as an electrolyte in lithium batteries
• Growing registrations of electric passenger cars
• Rapid increase in electric vehicle sales in countries like China and the U.S.
What Is the Segment-Wise Breakdown of the Dimethyl Carbonate Market?
The dimethyl carbonatemarket covered in this report is segmented –
1) By Grade: Industry Grade (>99.0 weight %), Pharmaceutical Grade (>99.5 weight %), Battery Grade (>99.9 weight %)
2) By Application: Polycarbonate Synthesis, Battery Electrolyte, Solvents, Reagents, Other Applications (Fuel Additives, Electrolyte for Supercapacitors, Electrolyte For Dye-synthesized Solar Cells)
3) By End-Use Industry: Plastics, Paints And Coating, Pharmaceutical, Battery, Agrochemicals, Other End-Use Industries (Adhesives And Sealants, Ink, Food And Beverages, And Energy)
Explore the Complete Market Report:
Which Emerging Trends Are Driving Growth in the Dimethyl Carbonate Sector?
The key trends in the dimethyl carbonate market are:
• One growing trend in the Dimethyl Carbonate market is manufacturers expanding their facilities.
• These expansions serve to increase capital and stabilize supply.
• Strategies for these expansions often include increasing annual production capacities.
• There are future plans for expansion into the development of environmentally friendly products.
Which Companies Are Dominating the Dimethyl Carbonate Market in Terms of Revenue?
The key players in the dimethyl carbonate market are:
• Shandong Haike Chemical Industry Group Co. Ltd.
• Shandong Wells Chemicals Co. Ltd.
• Qingdao Aspirit Chemical Co. Ltd.
• Shandong Feiyang Chemical Co. Ltd.
• Kindun Chemical Co.Limited
• Hefei TNJ Chemical Industry Co.Ltd.
• Dongying City Longxing Chemical Co. Ltd.
• Hebei New Chaoyang Chemical Stock Co.Ltd.
• Shandong Depu Chemical Industry Science & Technology Co. Ltd.
• Dongying Hi-tech Spring Chemical Industry Co. Ltd.
• Tongling Jintai Chemical Industrial
• UBE Industries
• Tangshan Chaoyang Chemical Co. Ltd.
• Mitsubishi Chemical Corporation
• Tokyo Chemical Industry Co. Ltd.
• Linyi Evergreen Chemical Co. Ltd.
• Akzo Nobel N.V.
• Taizhou Lingyu Chemical Co. Ltd.
• Dongying Jintan Chemical Co. Ltd.
• Luxi Chemical Group Co.Ltd.
• Dongying Xinyuan Chemical Co. Ltd.
• Dongying City Shuangma Chemical Co. Ltd.
What Are the Regions Driving Demand in the Dimethyl Carbonate Market?
Asia-Pacific was the largest region in the dimethyl carbonate market in 2024
