Report forecast the global dimethyl
carbonate market to grow at a CAGR of 6.41% during the period 2017-2021.
Dimethyl carbonate or DMC (CH3OC(O)OCH3) is
a non-toxic organic compound, which has versatile properties and exhibits high
reactivity to chemicals and metals. It is generally colorless, flammable, and
distinguished as a carbonate ester.
DMC is used as a methylating agent and as
an intermediate to produce polycarbonate. For instance, bisphenol-A
polycarbonate (PC) is manufactured through a transesterification between
bisphenol-A (BPA) and DMC.
The report covers the present scenario and
the growth prospects of the global dimethyl carbonate market for 2017-2021. To
calculate the market size, the report considers the retail selling price as the
average selling price of the product.
The
market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, one of the major
drivers for this market is High demand for DMC for polycarbonate production.
DMC is widely used for producing polycarbonate. The properties of polycarbonate
are the superior light transmission, creep modulus, dimensional stability, heat
resistance, and electrical insulation. Thus, it is extensively used in
automotive parts and electrical and electronics equipment. The demand for
polycarbonate is mainly driven by the growth and expansion of the automotive
and electrical and electronics industries.
Further, the report states that one of the
major factors hindering the growth of this market is Phosgene: Highly toxic raw
material used for synthesis of DMC. DMC is usually synthesized by the reaction
of phosgene with methanol in the presence of sodium hydroxide. Phosgene used in
the process is highly toxic to the environment as it causes pollution when
comes in contact with air or water. In addition, phosgene causes cancer,
respiratory diseases and heart strokes in humans. The disposal of phosgene is
also very difficult. Manufacturers and consumers are not opting for
phosgene-based DMC. The eco-friendly routes for the synthesis of DMC have
disadvantages of low yield. For instance, when urea and methanol are used to
produce DMC, it results in about 50% yield of the final product. Thus, it poses
a significant challenge to the market.
Global
Dimethyl Carbonate Market 2017-2021, has been
prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the market landscape and its growth prospects over
the coming years. The report also includes a discussion of the key vendors
operating in this market.
key players in the global dimethyl
carbonate market: Akzo Nobel, Merck, UBE INDUSTRIES, HaiKe Chemical Group, and
TONGLING JINTAI CHEMICAL INDUSTRIAL
Other Prominent Vendors in the market are:
Alfa Aesar, Thermo Fisher Scientific, Dongying City Longxing, Chaoyang
Chemicals, PANAX ETEC, Kishida Chemical, Kowa India, GuangDong JinGuang
High-Tech Co., and Guangzhou Tinci Materials Technology.
Market
driver
- High demand for DMC for polycarbonate production
- For a full, detailed list, view our report
Market
challenge
- Phosgene: Highly toxic raw material used for synthesis of DMC
- For a full, detailed list, view our report
Market
trend
- The flourishing automotive and electronics industries
- For a full, detailed list, view our report
Key
questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Spanning over 74 pages “Global
Dimethyl Carbonate Market 2017 - 2021” report covers Executive
summary, Introduction, Scope of the report, Research Methodology, Market
landscape, Market segmentation by application, Geographical segmentation,
Decision framework, Drivers and challenges, Market trends, Vendor landscape,
Key vendor analysis, Appendix.
Please visit this link for more details: http://mrr.cm/UN9
For related reports please visit: Dimethyl Carbonate Market Research Reports
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