At 5% CAGR, Dimethyl Carbonate Market to be worth more than $738Mn by 2024

Dimethyl carbonate market share in the solvent sector is anticipated to grow at a CAGR of more than 6% over the coming seven years.

Selbyville, United States – August 27, 2019 /MarketersMedia/ —

According to Global Market Insights, Inc., “Dimethyl carbonate market, which generated a revenue of more than USD 410 million in 2015, is anticipated to hit USD 738.2 million by 2024.”

The global dimethyl carbonate market will be driven by the rising demand in the polycarbonate industry. The polycarbonate business revenue is predictable to be over USD 22 billion globally by the end of 2024, with growth more than 5% CAGR. The product growth is ascribed to the immensely growing consumption of electronic gadgets together with cell phones and other electrical appliances supported by the increasing consumer disposable income.

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Globally growing pace of the consumer lifestyles, rapid technological innovations, dynamic consumer preferences and the era of intense competition are some of the macro economic factors driving the automotive and electronics industries. The widespread applications in these industries involving dimethyl carbonate will propel the market growth.

Dimethyl carbonate market size in polycarbonate sector, which was evaluated at more than USD 200 million in 2015, is expected to experience a striking growth over the next few years. Escalating applications of polycarbonates across the medical, automotive, lightning & appliances, glazing, and electronics sectors are expected to boost dimethyl carbonate industry growth. Polycarbonate sector, which produced a revenue of more than USD 14 billion in 2015, is slated to hit USD 22 billion by 2024, which in turn, will help the market players to expand their profits through heavy business investments.

Dimethyl carbonate market share in the solvent sector is anticipated to grow at a CAGR of more than 6% over the coming seven years. The ability to provide exceptional solubility, odor, and low rate of evaporation is expected to make the product more useful in coating resins, concrete coatings, auto refinish, steel drum linings, architectural coatings, floor coatings, and traffic paints. Eco-friendly nature of the product along with its low costs are projected to enhance its demand in the production of solvents and automotive fuels, thereby catalyzing the growth of dimethyl carbonate market.

Asia Pacific region is likely to witness the highest market share by 2024. The emerging economies in Asia Pacific are likely to be the most attractive markets for the investors in the forecast period. The growth is attributed to the growing regional electronics and construction industries, owing to the factors such as increasing consumer spending powers and increasing smartphone customer base.

Browse key industry insights spread across 105 pages with 89 market data tables & 12 figures & charts from the report, “Dimethyl Carbonate Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/dimethyl-carbonate-market

North America dimethyl carbonate market size, which was estimated at more than USD 90 million in 2015, is projected to expand remarkably over the coming seven years. Favorable government policies to improve the public infrastructure along with scaling up of the construction activities is anticipated to support the business expansion. U.S. dimethyl carbonate market is likely to be a major revenue driver.

Major industry participants include AkzoNobel, Sigma-Aldrich, Dongying City Longxing, UBE Industries, EMD Millipore Corporation, Tangshan Chaoyang Chemical and HaiKe Chemical.

Glimpse of Table of Content (ToC)

Chapter 3. Dimethyl Carbonate Market Insights
3.1. Industry segmentation
3.2. Industry Size and forecast, 2013 – 2024
3.3. Industry ecosystem analysis
3.4. Industry Impact forces
3.4.1. Growth drivers
3.4.1.1. Robust growth in polycarbonate industry
3.4.1.2. Increasing product demand in paints & coatings
3.4.2. Industry pitfalls & challenges
3.4.2.1. Obstructive permitting guidelines along with and difficulty associated in implementing advanced technology
3.5. Growth potential analysis
3.6. Porter’s analysis
3.7. PESTEL analysis
3.8 Pricing trends
3.9 Regulatory trends
3.10 Competitive landscape, 2015
3.10.1. Strategy dashboard

Chapter 4. Dimethyl Carbonate Industry Application Insights
4.1. Global dimethyl carbonate market share by application, 2015 & 2024
4.2. Polycarbonate
4.2.1. Market estimates and forecast, 2013 – 2024
4.2.2. Market estimates and forecast, by region, 2013 – 2024
4.3. Solvent
4.3.1. Market estimates and forecast, 2013 – 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
4.4. Pharmaceutical
4.4.1. Market estimates and forecast, 2013 – 2024
4.4.2. Market estimates and forecast, by region, 2013 – 2024
4.5. Food & Beverage
4.5.1. Market estimates and forecast, 2013 – 2024
4.5.2. Market estimates and forecast, by region, 2013 – 2024
4.6. Pesticide
4.6.1. Market estimates and forecast, 2013 – 2024
4.6.2. Market estimates and forecast, by region, 2013 – 2024
4.7. Others
4.7.1. Market estimates and forecast, 2013 – 2024
4.7.2. Market estimates and forecast, by region, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/dimethyl-carbonate-market

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Info:
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Organization: Global Market Insights, Inc.
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Website: https://www.gminsights.com/pressrelease/dimethyl-carbonate-market

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