Global Dimethyl Carbonate Market, June 2021 Report On Size, Share 2021 Trends, Business Growth, Application, Development, Segmentation, Application, Types, Drivers, and Forecast 2030

In a recently published report, Global Dimethyl Carbonate Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Dimethyl Carbonate Market products.

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It is also anticipated to grow on account of the growing demand for chemicals from the end users, backed by the increasing consumption of chemicals across different industries and the rising need for advanced chemicals. In India, the production of major chemicals and petrochemicals during the period 2020-2021 was close to 12000 thousand MT. Additionally, between the period 2015-16 and 2019-20, the production of the chemicals and petrochemicals in the nation grew at a CAGR of close to 6%.

Global Dimethyl Carbonate Market is valued approximately at USD 0.75 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2020-2027. Organic carbonates are seeing growth in the applicability in different biotechnical and chemical processes, due to their valuable features. Similarly, dimethyl carbonate is being well publicized for its adaptable chemical reactivity in the manufacture of alternative fuel additives and cleaning agents. Due to innovation, such as growing customer base of smartphone, as well as rising customer disposable income is expected to boost electrical components requirement and the dimethyl carbonate market growth. For instance, according to World Health Organization, Cardiovascular diseases (CVDs) are the world’s number one cause of death, killing an estimated 17.9 million people annually. CVDs include coronary heart disease, cerebrovascular disease, rheumatic heart disease and other conditions and are a category of diseases of the heart and blood vessels. In high-income countries, deaths are increasing for all top 10 diseases except two. Ischaemic heart disease and stroke are the only causes of death in the top 10 for which the total numbers have gone down between 2000 and 2019, by 16% (or 327 000 deaths) and by 21% (or 205 000 deaths) respectively. Heart attacks and strokes are responsible for four out of 5 CVD fatalities, and one-third of these deaths occur prematurely in individuals under 70 years of age. Additionally, Due to rising demand for cardiac markers and to withstand intense competition, players in this market are taking initiatives for their expansion in the market. For instance:
 In 2019, Roche Diagnostics has launched the VITROS high-sensitivity Troponin I assay for testing purpose.

 In 2020, Roche acquired Stratos Genomics to advance DNA based sequencing for purpose of diagnostic use.
However, factors such as to storage issues and collection of samples, reimbursement, and strict regulatory approval, may impede the market growth over the forecast period of 2020-2027.

The regional analysis of the global Dimethyl Carbonate Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share due to growing demand for lithium-ion batteries in the electronics and automotive industries in the region. Whereas North America is also anticipated to exhibit the highest growth rate/CAGR over the forecast period 2020-2027, due to rising government initiatives for upgrading public infrastructure.

Major market player included in this report are:
Ube Industries Ltd.
Merck KGaA
Kowa Company Ltd.
Kishida Chemical Co. Ltd
Shandong Shida Shenghua Chemical Group Co., Ltd.
Guangzhou Tinci Materials Technology Co., Ltd.
Haike Chemical Group
Arrow Chemical Group Corp.
Panax Etec
Kowa India Pvt. Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
Polycarbonate Synthesis
Battery Electrolyte
Solvents
Reagents
By end user:
Plastics
Paints & Coatings
Pharmaceuticals
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027.

Target Audience of the Global Dimethyl Carbonate Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  •  Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

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