The report "Dimethyl Carbonate Market by Application (Polycarbonate Synthesis, Battery Electrolyte, Solvents, Reagents), End-use Industry (Plastics, Paints & Coatings, Pharmaceutical), Grade (Industry, Pharmaceutical, Battery), and Region – Global Forecast to 2030", The global dimethyl carbonate market is projected to grow from USD 1.56 billion in 2025 to USD 2.63 billion by 2030, at a CAGR of 11.1% during the forecast period. The demand for dimethyl carbonate (DMC) is witnessing substantial growth, primarily fueled by its critical role as a component in battery electrolytes. The increasing adoption of electric vehicles and advancements in renewable energy technologies are significant factors propelling the expansion of the DMC market.

Browse in-depth TOC on "Dimethyl Carbonate Market"

150 - Tables      
80 - Figures
180 - Pages

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Polycarbonate synthesis segment to hold significant share of global dimethyl carbonate market during forecast period

By application, the polycarbonate synthesis segment is projected to lead the dimethyl carbonate (DMC) market throughout the forecast period. Polycarbonate derived from DMC is recognized for its superior mechanical properties, optical clarity, and thermal resistance, effectively addressing the stringent performance standards of contemporary applications. Consequently, manufacturers are progressively opting for DMC-based polycarbonates to fulfill market demands for high-quality and environmentally sustainable materials. This trend is anticipated to drive growth in the overall market.

Plastics segment to lead dimethyl carbonate market during forecast period

By end-use industry, the plastics segment is projected to maintain a dominant position within the dimethyl carbonate (DMC) market. This growth in the plastic sector is driven by a rising demand for sustainable polycarbonates, innovations in material science and technology, and a commitment to circular economy principles. As industries work to achieve sustainability targets and adhere to regulatory standards, DMC-based plastics present a compelling solution for the development of environmentally friendly, high-performance materials.

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Industrial grade segment to lead dimethyl carbonate market during forecast period

The industrial grade segment is projected to dominate the dimethyl carbonate market. Due to its low toxicity, biodegradability, and minimal environmental impact, dimethyl carbonate is increasingly recognized as an environmentally friendly alternative to traditional solvents and methylating agents. These attributes are expected to drive growth in the dimethyl carbonate market across various industries.

Asia Pacific to lead global dimethyl carbonate market during forecast period

In 2024, Asia Pacific emerged as the leading market for dimethyl carbonate. Projections indicate that this region will experience a robust CAGR from 2025 to 2030. A key driver of this growth is the rapid economic development and urbanization occurring in countries such as China, India, and various Southeast Asian nations, which has led to a rising demand for sustainable solutions. As these economies increasingly prioritize clean energy alternatives, dimethyl carbonate is positioned as a vital component in addressing their escalating needs.

Dimethyl Carbonate Companies

Leading players in this market include UBE Corporation (Japan), LOTTE Chemical Corporation (South Korea), Shinghwa Advanced Material Group Co.,Ltd. (China), Sankyo Chemical Corporation (Japan), Shandong AIVK Chemical Co., Ltd. (China), Hi-tech Spring (China), Shandong depu chemical industry science&technology co.,ltd (China), Enam Organics India Ltd (India), Shandong Hualu Hengsheng Group Co.(China), Zhengzhou Meiya Chemical Products Co. (China), Shandong Daze Chemical Group (China), Shandong Longze Chemical Co.,Ltd (China), Shandong Wanling Chemical Co. LTD (China), Haihang Industry (China), Shandong Chemical Co., Ltd. (China), and Henan GP Chemicals Co. (China).

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UBE Corporation (Japan)

UBE Corporation comprises 140 companies involved in a wide variety of business activities. The main segments of Ube Corporation include Specialty Products, Polymers & Chemicals, Machinery, and Others. The company operates manufacturing plants in Ube City, Ichihara City, and Sakai City in Japan. Internationally, it has established manufacturing facilities in Spain and Thailand. The company uses dimethyl carbonate as a solvent in coatings, adhesives, and resins. It is also used as an electrolyte in lithium-ion batteries and as a raw material in organic synthesis reactions. UBE is the only manufacturer of dimethyl carbonate in Japan.

Shandong Hualu Hengsheng Group Co. (China)

Shandong Hualu Hengsheng Group Co., Ltd. is a leading state-owned enterprise in China’s chemical sector, with extensive expertise in basic chemicals, fine chemicals, new chemical materials, and new energy materials. As the main chemical company under Hualu Group, the firm combines large-scale industrial production with technological innovation, making it a key player in the development of coal-based fine chemicals in China. The group oversees five subsidiaries and offers a broad product range of more than 40 chemical items.

Within its basic and fine chemical lines, Hualu Hengsheng is a major producer of important intermediates such as trimethylamine, dimethylformamide (DMF), and Dimethyl Carbonate (DMC). The company stands among China’s few firms capable of producing industrial-grade DMC at a large scale, thanks to its advanced synthesis methods and proprietary catalytic technologies. Its DMC is known for high purity, consistency, and adherence to environmental standards, establishing it as a dependable raw material in the lithium-ion battery and green chemical markets.

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Lotte Chemical Corporation (South Korea)

LOTTE Chemical Corporation is a leading chemical company in South Korea. It has production facilities in major petrochemical complexes such as Yeosu, Daesan, and Ulsan. Its diverse product portfolio includes synthetic resins, chemical products, and megatrend materials widely used in daily items, agriculture, industry, medical products, automobiles, and innovative new materials. LOTTE operates through two divisions: Basic Chemicals and Advanced Materials. Dimethyl carbonate is produced at the Yeosu plant and is distilled under high pressure, where ethylene carbonate and methanol react under a catalyst.

Shinghwa Advanced Material Group Co., Ltd. (China)

Shinghwa Advanced Material Group Co., Ltd. (formerly Shandong Shida Shenghua Chemical Group Co., Ltd.) is a leading Chinese company specializing in new energy chemicals and advanced material solutions. Since its founding, Shinghwa has built a strong industrial ecosystem focused on carbonate-based solvents like dimethyl carbonate (DMC), with three main business segments: Lithium Battery Solvents, Electrolytes, and High-End Fine Chemicals. The company holds over 40% of the global market share in high-end carbonate solvents and supplies many top electrolyte manufacturers and battery producers worldwide. Its advanced manufacturing facilities in Dongying, Wuhan, and other strategic regions align with China’s major lithium battery production hubs. The company continues to lead in technology with over 150 patents, serving over 1,500 international clients across more than 100 countries. Its robust R&D capabilities, culture of innovation, and long-term strategic partnerships position it as a trusted global supplier in the rapidly expanding energy storage, electronics, and sustainable materials markets.

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Hi-Tech Spring (China)

Hi-Tech Spring is a leading Chinese company specializing in producing and marketing products. Backed by advanced production facilities, experienced R&D teams, and state-of-the-art laboratory infrastructure, Hi-Tech Spring is dedicated to delivering high-quality and reliable products. The company manufactures dimethyl carbonate, propylene glycol, isopropyl alcohol, propylene carbonate, and diisopropyl ether. These products are used in various fields such as new energy vehicles, pharmaceuticals, consumer products, chemicals, food flavors and spices, and unsaturated polyester resin. The company holds three patents that enable it to produce the highest quality products for its customers.