North and Central America Dimethyl Carbonate Market to Grow at a CAGR of 4.3% to reach US$ 153.00 Million from 2020 to 2027

North and Central America Dimethyl Carbonate Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Application (Polycarbonate, Solvents, Pharmaceuticals, Battery Electrolyte and Others), By Grade (Industrial Grade, Pharmaceutical Grade and Battery Grade); By End Use Industry (Plastics, Paints & Coatings, Pharmaceuticals, Battery and Others)

Publication Month : Nov 2020

  • Report Code : TIPRE00016321
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 79
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The North and Central America dimethyl Carbonate was valued at US$ 110.30 million in 2019 and is projected to reach US$ 153.00 million by 2027; it is expected to grow at a CAGR of 4.3% from 2020 to 2027.

Dimethyl carbonate refers to an organic compound, which is colorless, transparent, and  flammable liquid. It is usually classified as a carbonate ester. It is used as a methylating agent and a solvent that is exempt from the restrictions that is placed on most of the volatile organic compounds (VOCs) in the US. Dimethyl carbonate (DMC) is an organic compound categorized as a carbonate ester. Dimethyl carbonate has relatively mild toxicity and pleasant odor, and can be easily dissolved in organic solvents such as ester, ketone, and alcohol. Dimethyl carbonate forms an azeotrope with water, and it is non-corrosive to metals. Dimethyl carbonate is an essential component used in manufacturing polycarbonate. Polycarbonate are the types of plastics known for their high dielectric strength, impact resistance, and optical transparency. The automotive and electronics industry contributes to the high demand for polycarbonate, therefore bolstering the demand for dimethyl carbonate. Apart from the applications mentioned above, the dimethyl carbonate market is also driven by the growing demand for polycarbonate in medical devices, lighting devices, optical media, and others. DMC is considered a better alternative to traditional solvents used in paints owing to no volatile organic compounds (VOCs) emissions and no environmental impact. Besides, its solubility is similar to the mixture of solvents consisting naphtha light aromatics, making dimethyl carbonate one of the most suitable solvents for paints.

In 2019, the US was the largest market for the North and Central America dimethyl carbonate market. The dimethyl carbonate is extensively used in various industries such as plastics, paints and coatings, pharmaceuticals, batteries, and others. Dimethyl carbonate is used as a methylating agent and as a solvent that is exempt from the restrictions that are placed on most of the volatile organic compounds in the US. It is considered as a green reagent that drives the demand for dimethyl carbonate in the country. The US is taken to be one amongst the top contributors of dimethyl carbonate owing to its high consumption in the pharmaceutical industry. The government initiatives toward upgrading the public infrastructure support the market for dimethyl carbonate in the US. The growth in the construction industry post the economic downturn is expected to boost the demand for dimethyl carbonate in the near future. Further, the change in customer’s preferences toward high quality and colorful paints complements the market for dimethyl carbonate in the US.

The COVID-19 pandemic first began in Wuhan (China) during December 2019, and since then it has spread across the world at a fast pace. The US, Mexico, Canada, Panama, Costa Rica, and El Salvador are among the most affected countries in North and Central America in terms of confirmed cases and reported deaths as of October 2020. According to the latest WHO figures as of October, there are ~37,704,153 confirmed cases and 1,079,029 total deaths. COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The North and Central America chemical and materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, disruptions in manufacturing due to COVID-19 outbreak. The lockdown of various plants and factories in China and leading regions is affecting the North and Central America supply chains and negatively impacting the manufacturing, delivery schedules, and sales of various goods. All these factors have greatly affected the North and Central America dimethyl carbonate market.


North and Central America Dimethyl Carbonate Market

North and Central America Dimethyl Carbonate Market

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Market Insights

Аррlіcations in Реѕtісіdеѕ and Рhаrmасеutісаlѕ Іnduѕtrу

Dimethyl carbonate is primarily used as a methylating agent to synthesize central nervous system drugs, analgesics, and antipyretic drugs. It is also used to manufacture methyl isocyanate, a precursor for the manufacture of carbamate pesticides in the pesticide industry. It is an eco-friendly compound that can be utilized to produce various chemicals, as a solvent. It offers multiple advantages compared to conventional organic solvents, such as ester acetates and ethers. Besides, dimethyl carbonate is often used to manufacture antibiotics in the pharmaceutical industry. Carbadox and Ciprofloxacin can be manufactured from dimethyl carbonate. Carbadox is an antibacterial agent that is used in veterinary medications. Ciprofloxacin is used to prevent certain infections caused by bacteria and is also used to avoid or treat anthrax. Besides, in the North and Central America, dimethyl carbonate is primarily used to manufacture pesticides, followed by pharmaceuticals and intermediate chemicals. Various manufacturers in the region are focusing on expanding their production capacities for dimethyl carbonate to meet the demand for dimethyl carbonate in solvents and pharmaceutical applications.  

Application Insights

Based on application, the dimethyl carbonate market is segmented into polycarbonate, solvents, pharmaceuticals, battery electrolyte, and others. The polycarbonate segment led the dimethyl Carbonate market with the highest market share in 2019. Dimethyl carbonate is generally used as an intermediate in polycarbonate synthesis and produces polycarbonate by the rapidly expanding and well-established non-phosgene melt process. Polycarbonates are  known for their heat resistance, structural stability, high dielectric strength, and optical transparency. In the North and Central America, dimethyl carbonate is primarily employed in the manufacture of pesticides, followed by pharmaceuticals and intermediate chemicals. Polycarbonate has become a vital environment-friendly and recyclable commercial polymer form with multiple uses in different industries such as electrical & electronics and automotive. The increasing demand for plastic products, especially polycarbonate, is expected to drive dimethyl carbonate in the North and Central America.  

North and Central America Dimethyl Carbonate Market, by Application – 2019 and 2027

North and Central America Dimethyl Carbonate Market, by Application – 2019 and 2027
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Grade Insights

Based on grade, the dimethyl carbonate is segmented into industry grade, pharmaceutical grade, and battery grade. The industry grade led the dimethyl carbonate market with the highest market share in 2019. Dimethyl carbonate can be used as an ideal substitute for highly toxic products such as dimethyl sulfate, phosgene, and methyl chloroformate. It can substitute solvents such as xylene, toluene, ethyl acetate, butyl acetate, acetone, or butanone in the paints and adhesive industry, and is environmentally friendly. It is an excellent hydroxymethylation agent, methylating agent, methoxylation agent, and is a kind of chemical raw material of wide application. It can also be used for synthesizing polycarbonate, diphenyl carbonate, and isocyanate, and so on. In the field of pesticides, DMC can be primarily used to produce methyl isocyanate, thus producing some carbamate drugs, pesticides (anisole). Also, dimethyl carbonate can be used as gasoline additives and lithium battery electrolytes, and so on. Dimethyl carbonate (DMC) reacts with acids to liberate heat along with carbon dioxide and methanol. The growing demand for polycarbonates from different industries, including electrical & electronics and automotive, is expected to bolster the industry-grade segment's growth, increasing the development of the dimethyl carbonate market.

End Use Industry Insights

Based on end use industry, the dimethyl carbonate is segmented into plastics, paints & coatings, pharmaceuticals, batteries, and others. The plastics segment led the dimethyl carbonate market with the highest market share in 2019. Dimethyl carbonate is a colorless and flammable organic compound. The high dielectric constant and low vapor pressure of dimethyl carbonate makes it suitable to be used as a plasticizer for the purpose of enhancing the ionic conductivity of methyl cellulose-based solid polymer electrolyte. Dimethyl carbonate acts as a methylating or methoxycarbonylating agent used for the transformation of small bio-based molecules and the synthesis of biopolymers. It is also used in the preparation of films. Various amounts of dimethyl carbonate solutions are mixed with other polymers to obtain plastic films. Polycarbonate refers to an incredibly useful plastic for various applications that require high impact resistance and transparency. It serves as a lighter alternative to glass or natural UV filters. Dimethyl carbonate is often used in the synthesis of polyCarbonate. A green synthetic strategy of bio-based (isosorbide carbonate) PIC from dimethyl carbonate and renewable isosorbide (ISB) has been developed by employing organo-catalysts. This avoids the use of toxic metals and chemicals.

North and Central America Dimethyl Carbonate Market, by Application– 2019 & 2027

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North and Central America Dimethyl Carbonate Market: Strategic Insights

north-and-central-america-dimethyl-carbonate-market
Market Size Value inUS$ 110.30 Million in 2019
Market Size Value byUS$ 153.00 Million by 2027
Growth rateCAGR of 4.3% from 2020-2027
Forecast Period2020-2027
Base Year2020
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Alfa Aesar, Hebei New Chaoyang Chemcial Stock Co. Ltd., Kowa American Corporation, Merck KGaA, and Ube Industries Ltd. are among the key players present in the North and Central America dimethyl carbonate market. These companies are implementing new product development and mergers and acquisition strategies to enlarge the customer base and gain significant market share across the world, which, in turn permit the players to maintain their brand name.

North and Central America Dimethyl Carbonate Market, byApplication

  • Polycarbonate
  • Solvents
  • Pharmaceuticals
  • Battery Electrolyte
  • Others

North and Central America Dimethyl Carbonate Market, by Grade

  • Industry Grade
  • Pharmaceuticals Grade
  • Battery Grade

North and Central America Dimethyl Carbonate Market, by End Use Industry

  • Plastics
  • Paints & Coatings
  • Pharmaceuticals
  • Batteries
  • Others

Company Profiles

  • Alfa Aesar
  • Hebei New Chaoyang Chemcial Stock Co. Ltd.
  • Kowa American Corporation
  • Merck KGaA
  • Ube Industries Ltd.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Application, By Grade, By End Use Industry

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Brazil, Argentina

The List of Companies - North and Central America Dimethyl Carbonate Market

  1. Alfa Aesar
  2. Hebei New Chaoyang Chemcial Stock Co. Ltd.
  3. Kowa American Corporation
  4. Merck KGaA
  5. Ube Industries Ltd.

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