Get the latest insights on price movement and trend analysis of Dimethyl Carbonate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Why did the Dimethyl Carbonate Price Change in July 2025? Dimethyl Carbonate (DMC) Price Index in China dropped 7.0% quarter-on-quarter, settling around USD 591/MT FOB Shenzhen in June 2025.

Track YoY price changes of dimethyl carbonate in 2024 and explore 2025 forecasts driven by steady demand and shifting regional supply trends.

The Dimethyl Carbonate Market size is expected to reach a valuation of USD 3.81 billion in 2033 growing at a CAGR of 13.2%. The Dimethyl Carbonate market research report classifies market by share, trend, demand, forecast and based on segmentation.

Dive into Market Research Intellect's Electronic Grade Dimethyl Carbonate Market Report, valued at USD 200 million in 2024, and forecast to reach USD 400 million by 2033, growing at a CAGR of 8.5% from 2026 to 2033.

The market is estimated to reach USD 641 million by 2025. The market is estimated to come up to about USD 1,095 million by 2035 across the forecast period of the report at a CAGR of 5.5%.

Country-Wise Outlook

Segmentation Outlook

Competitive Outlook

The Dimethyl Carbonate (DMC) solution market, valued at $1345.1 million in 2025, is projected to experience steady growth, driven by its increasing adoption in various applications. The 2.2% CAGR indicates a consistent, albeit moderate, expansion over the forecast period (2025-2033). Key drivers include the growing demand for environmentally friendly solvents and intermediates in the chemical industry. DMC's inherent non-toxicity and biodegradability are significant factors fueling this market growth, particularly as regulations around sustainable chemical production become stricter. Furthermore, the rising demand for DMC in the production of polycarbonate, pharmaceuticals, and other specialty chemicals is contributing to market expansion. Competitive pressures from established players like Sabic, Lotte, and Mitsubishi Chemical, along with emerging players in Asia, are shaping market dynamics. While precise regional breakdowns are unavailable, it is reasonable to assume that Asia-Pacific, given the presence of several key manufacturers in the region, likely holds a significant market share. The market’s moderate growth suggests a relatively mature landscape, with opportunities lying primarily in innovation and expanding applications. The forecast period of 2025-2033 indicates a sustained market expansion. While challenges such as fluctuations in raw material prices and competition from alternative chemicals may exist, the inherent advantages of DMC—its sustainability profile and versatility—position it for continued growth. Technological advancements in DMC production, focusing on efficiency and cost reduction, are expected to enhance its competitiveness further. This steady growth is anticipated to continue as more industries recognize and utilize the benefits of this environmentally conscious chemical solution. Specific market segmentation data, while currently unavailable, would offer a more granular understanding of individual sector growth trajectories within the broader DMC market.

Global Dimethyl Carbonate market may grow as In 2021, the price of one metric ton of battery-grade lithium carbonate in China stood at more than USD 43,700.

Dimethyl Carbonate Market is expected to grow at a Significant CAGR during the forecast period 2024-2031

High Purity Dimethyl Carbonate Market Outlook

In 2023, the global high purity dimethyl carbonate market size was estimated to be worth approximately $600 million, and it is projected to reach around $1.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.2% during the forecast period. This growth is primarily driven by the increasing demand for high purity dimethyl carbonate in various applications such as pharmaceuticals, batteries, and solvents. Factors such as advancements in chemical synthesis, growing environmental concerns, and the burgeoning electric vehicle (EV) market are significantly contributing to the market's expansion.

The burgeoning demand for electric vehicles (EVs) is one of the most significant growth factors for the high purity dimethyl carbonate market. As the world shifts towards greener technologies, the need for efficient energy storage solutions has surged. Dimethyl carbonate, which is a crucial component in the production of electrolytes for lithium-ion batteries, has become indispensable. The rise in EV production and the subsequent demand for efficient and stable battery components are anticipated to propel the market. Additionally, efforts to reduce carbon footprints and transition to sustainable energy solutions are further catalyzing the adoption of high purity dimethyl carbonate in battery applications.

Another pivotal growth factor is the increasing use of high purity dimethyl carbonate in the pharmaceutical industry. Due to its excellent solubility and low toxicity, high purity dimethyl carbonate is extensively utilized as a reagent and solvent in pharmaceutical syntheses. The growing pharmaceutical industry, driven by the rising prevalence of chronic diseases, increased healthcare spending, and the continuous development of novel drugs, significantly boosts the demand for high purity dimethyl carbonate. Moreover, stringent regulations and the need for high-quality raw materials in drug formulation further augment the market growth.

The solvent industry also plays a crucial role in driving the high purity dimethyl carbonate market. High purity dimethyl carbonate is widely recognized for its effectiveness as a solvent in various chemical processes, including the production of polycarbonates and other polymers. The rising demand for eco-friendly solvents, driven by stringent environmental regulations and the push for greener manufacturing processes, is fueling the market. Additionally, its usage in agrochemical formulations as an intermediate, which helps in efficient pesticide and herbicide production, further underscores its importance.

Regionally, Asia Pacific is expected to dominate the high purity dimethyl carbonate market over the forecast period. The region's robust industrial base, coupled with significant investments in electric vehicle infrastructure and pharmaceutical manufacturing, creates a conducive environment for market growth. Furthermore, countries like China, Japan, and South Korea are leading in battery production, which further bolsters the demand for high purity dimethyl carbonate. The favorable regulatory environment and government incentives in these countries are also instrumental in driving market growth.

High Purity Propylene Carbonate is gaining attention as a versatile solvent and chemical intermediate in various industries, including electronics and pharmaceuticals. This compound is known for its high solvency power and low toxicity, making it an ideal choice for applications that require stringent purity standards. In the electronics industry, high purity propylene carbonate is used in the production of capacitors and lithium batteries, where its excellent dielectric properties enhance the performance and longevity of electronic components. Additionally, its role as a solvent in pharmaceutical formulations underscores its significance in producing high-quality, safe, and effective medications. The growing demand for eco-friendly and sustainable chemical solutions further propels the adoption of high purity propylene carbonate, aligning with global trends towards greener industrial practices.

Grade Analysis

The high purity dimethyl carbonate market is segmented by grade into industrial grade, pharmaceutical grade, and battery grade. Each grade serves distinct applications and has unique market dynamics. Industrial grade dimethyl carbonate is primarily used in the manufacturing of polymers and solvents. The demand for industrial grade is dr

US Dimethyl Carbonate (DMC) Market is anticipated to reach USD 1.2 billion in 2024, projected to grow at a CAGR of 7.5% from 2025 to 2034, driven by demand in solvents, fuel additives, and chemical synthesis.

Dimethyl Carbonate Market Outlook 2032

The global dimethyl carbonate market size was USD 1.17 Billion in 2023 and is projected to reach USD 2.21 Billion by 2032, expanding at a CAGR of 7.2% during 2024–2032. The market growth is attributed to the increasing demand for polycarbonate resins across the globe.



Growing demand for polycarbonate resins is expected to boost the market in the coming years.Polycarbonate resins are extensively used in various industries such as automotive, electronics, and construction due to their high impact resistance, transparency, and heat resistance. Dimethyl carbonate (DMC) is a key raw material in the production of these resins.

Impact of Artificial Intelligence (AI) in Dimethyl Carbonate Market

Artificial Intelligence (AI) has significantly transformed the dimethyl carbonate market by streamlining operations, enhancing productivity, and fostering innovation. AI, through machine learning algorithms, has been instrumental in predicting market trends, thus enabling businesses to make informed decisions. It has revolutionized supply chain management by predicting demand, reducing inventory costs, and improving customer service.



AI has facilitated the development of advanced manufacturing processes in the production of dimethyl carbonate, resulting in improved efficiency and reduced waste. The integration of AI in quality control has led to the production of superior-quality products, thereby increasing market competitiveness. Therefore, the influence of AI on the market is profound, leading to improved business operations and market growth.

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The DMC market is segmented into Industrial grade, Pharmaceutical grade, Battery grade, and Others. The Industrial grade is the largest segment, accounting for over 50% of the market. Recent developments include: The design of a Dimethyl Carbonate plant has been initiated in July 2022 by UBE Corporation in the United States for commercial purposes. Additionally, Lotte Chemical plans to build a new plant that will manufacture high-quality organic solvent such as DMC for Lithium-ion batteries by February 2022.In October 2021, UBE launched Daxsol dimethyl carbonate, which acts as an eco-friendly solvent. Biodegradability and low toxicity are among its benefits. It offers biodegradability at least and low toxicity especially in adhesives, cleaning agents as well as coatings.During July 2021, Asahi Kasei entered into a technology license agreement for the development of high purity dimethyl carbonate. This process utilizes carbon dioxide (CO2) mainly in order to optimize profits from Lithium-ion batteries demand.Merck announced an investment amounting to $22.9 million in expanding research & development (R&D) and manufacturing capabilities at its site located in Shizuoka (Japan) during April 2021. In this context, there would be the establishment of new infrastructure geared towards enhancing and speeding up innovations taking place within electronic materials space.However, during March 2021, Merck signed a memorandum of understanding (MOU) with Universitas Indonesia, which led to establishment of the first Collaboration Laboratory between the company and university pertaining to life science researches and innovation developments within Indonesia. Key drivers for this market are: Robust Demand For Manufacturing Polycarbonate Due To Its Surging Use In The Automotive And Electronics Industries 30, Highly Preferred Eco-Friendly Alternative Solvent Over Its Counterparts 31. Potential restraints include: Technological Complexities Associated With The Production Of The Desired Grade Of DMC 32. Notable trends are: High production of polycarbonate to boost the market growth.

Renewable Dimethyl Carbonate Market Outlook

According to our latest research, the global renewable dimethyl carbonate market size reached USD 180 million in 2024, reflecting a robust industry expansion driven by sustainability trends and green chemistry initiatives. The market is experiencing a healthy growth trajectory, with a CAGR of 13.2% anticipated during the forecast period. By 2033, the market is expected to achieve a value of USD 498 million. This dynamic growth is primarily attributed to increasing demand for eco-friendly solvents, the rising adoption of renewable chemicals in the automotive and electronics sectors, and stringent environmental regulations pushing the shift from petrochemical-based to bio-based alternatives.

One of the primary growth factors for the renewable dimethyl carbonate market is the global push toward sustainable chemical manufacturing. As industries worldwide face mounting pressure to reduce their carbon footprint, the adoption of renewable feedstocks for chemical synthesis has become a strategic imperative. Dimethyl carbonate (DMC), recognized for its low toxicity and biodegradability, is gaining traction as an environmentally benign alternative to conventional solvents and intermediates. This shift is further accelerated by policies that incentivize green chemistry and penalize the use of hazardous substances, particularly in major economies such as the European Union, the United States, and China. Companies are increasingly investing in R&D to improve the yield and cost-effectiveness of renewable DMC production, leveraging advances in biotechnology and catalytic processes.

Another significant growth driver is the expanding application scope of renewable dimethyl carbonate across various end-use industries. In the automotive sector, DMC is used as a fuel additive and in battery electrolytes, supporting the surging electric vehicle (EV) market. Its application in polycarbonate synthesis is critical for the production of lightweight, high-performance plastics used in electronics, automotive components, and consumer goods. The pharmaceutical industry also utilizes DMC as a reagent and solvent, benefiting from its low toxicity profile. As manufacturers seek to replace traditional, petroleum-derived chemicals with greener alternatives, the demand for renewable DMC is expected to rise steadily, supported by industry-wide sustainability commitments and consumer preferences for eco-friendly products.

Technological innovation and process optimization are further catalyzing market growth. Advances in biomass conversion, enzymatic catalysis, and the integration of renewable energy sources in production processes are enhancing the efficiency and scalability of renewable dimethyl carbonate manufacturing. Companies are exploring novel feedstocks such as lignocellulosic biomass and bio-based methanol, which not only diversify raw material sources but also reduce dependency on fossil fuels. The development of closed-loop production systems and the valorization of waste streams are additional strategies being adopted to improve the environmental footprint and economic viability of renewable DMC. These technological advancements are expected to unlock new market opportunities and drive down production costs, making renewable DMC more competitive with its petrochemical counterparts.

Regionally, the Asia Pacific market is at the forefront of growth, accounting for the largest share of global renewable dimethyl carbonate consumption in 2024. This dominance is attributed to the rapid industrialization in China, Japan, and South Korea, coupled with strong policy support for green chemicals. North America and Europe are also significant markets, driven by robust regulatory frameworks and mature end-use industries. Latin America and the Middle East & Africa are emerging as promising markets, fueled by investments in renewable energy and chemicals infrastructure. The overall regional outlook suggests a balanced growth pattern, with Asia Pacific leading the charge and other regions steadily catching up as sustainability becomes a global priority.

Source Analysis

The source segment of the renewable dimethyl carbonate market is categorized primarily into biomass, bio-based methanol, and other renewable sources. Biomass-derived DMC is gaining significant traction due to the abundance and renewability of lignocellulosic feedstocks.

Renewable Dimethyl Carbonate Market Outlook

According to our latest research, the global Renewable Dimethyl Carbonate (DMC) market size reached approximately USD 415 million in 2024, demonstrating a robust expansion trajectory. The market is projected to grow at a CAGR of 8.7% during the forecast period, reaching an estimated USD 879 million by 2033. This remarkable growth is primarily driven by the increasing demand for sustainable chemicals across various industries, coupled with stringent regulatory frameworks promoting green chemistry and carbon-neutral solutions worldwide.

The growth of the renewable dimethyl carbonate market is underpinned by a confluence of environmental, technological, and economic factors. A significant driver is the global shift towards sustainable manufacturing practices, as industries seek to reduce their carbon footprint and comply with evolving environmental regulations. Renewable DMC, derived from bio-based sources such as biomass and bio-methanol, offers a compelling alternative to its petrochemical counterpart, supporting the circular economy and reducing reliance on fossil fuels. This transition is further bolstered by governmental incentives and policies aimed at fostering the adoption of green chemicals, particularly in regions with ambitious climate targets. The heightened awareness of the environmental impact of traditional chemical processes is compelling manufacturers to invest in renewable DMC technologies, thereby fueling market expansion.

Technological advancements in the production of renewable dimethyl carbonate have significantly enhanced its commercial viability and scalability. Innovations in catalytic processes, feedstock flexibility, and process integration have improved yields, reduced energy consumption, and lowered production costs. These developments have made renewable DMC increasingly attractive for large-scale applications, particularly in industries such as automotive, electronics, and pharmaceuticals. The emergence of novel synthesis routes utilizing bio-based methanol and carbon dioxide further aligns with global efforts to valorize waste streams and close the carbon loop. As a result, the renewable DMC market is witnessing heightened research and development activities, with key players focusing on optimizing production processes and expanding their product portfolios to cater to diverse end-use applications.

Another pivotal growth factor for the renewable dimethyl carbonate market is its versatile application profile. DMC serves as a crucial intermediate in polycarbonate synthesis, a high-performance plastic extensively used in automotive and electronics sectors. Its role as a non-toxic solvent and battery electrolyte further amplifies its demand amid the rapid proliferation of electric vehicles and energy storage systems. The pharmaceutical and fuel additive industries are also increasingly leveraging renewable DMC due to its low toxicity, biodegradability, and favorable regulatory status. This broad spectrum of applications, coupled with the rising adoption of green chemistry principles, is expected to sustain the momentum of the renewable DMC market over the coming decade.

From a regional perspective, Asia Pacific remains the dominant market for renewable dimethyl carbonate, accounting for a significant share of global consumption in 2024. The region's leadership is attributed to its expansive manufacturing base, growing environmental awareness, and aggressive investments in sustainable technologies. North America and Europe are also witnessing accelerated growth, driven by stringent regulatory frameworks, robust R&D infrastructure, and the presence of leading chemical manufacturers. Meanwhile, emerging economies in Latin America and the Middle East & Africa are gradually integrating renewable DMC into their industrial ecosystems, supported by favorable government initiatives and increasing foreign direct investments in green chemistry.

Source Analysis

The renewable dimethyl carbonate market is segmented by source, with biomass and <

The Dimethyl Carbonate (DMC) market size was valued at 1699.1 million in 2025 and is projected to reach 8308.3 million by 2033, growing at a CAGR of 22% from 2025 to 2033. The growth of the market is attributed to the increasing demand from the polycarbonate and battery industries. Polycarbonate is a durable and lightweight material that is used in a variety of applications, including automotive parts, appliances, and electronics. The use of polycarbonate is expected to grow in the coming years, which will drive the demand for DMC. The Asia Pacific region is expected to be the largest market for DMC, followed by North America and Europe. The growing demand from the automotive and electronics industries in Asia Pacific is expected to drive the growth of the market in the region. The increasing demand for electric vehicles is also expected to boost the demand for DMC, as it is used as a solvent in the production of lithium-ion batteries.

Green Dimethyl Carbonate Market Outlook

According to our latest research, the global Green Dimethyl Carbonate market size reached USD 420 million in 2024, reflecting the growing adoption of sustainable chemicals across various industries. The market is experiencing robust expansion, registering a CAGR of 7.8% from 2025 to 2033. By the end of 2033, the market is forecasted to attain a value of USD 883 million. This strong growth trajectory is primarily fueled by rising environmental regulations, increasing demand for eco-friendly solvents, and the shift toward green chemistry in manufacturing processes. As per our latest research, the Green Dimethyl Carbonate market is benefiting from technological advancements and the strategic focus of end-use sectors on sustainability.

One of the most significant growth factors driving the Green Dimethyl Carbonate market is the mounting pressure from regulatory bodies to reduce carbon emissions and adopt sustainable chemicals. Governments worldwide are implementing stringent regulations and offering incentives to curb environmental pollution and promote the use of green chemicals. Dimethyl carbonate, being a non-toxic, biodegradable, and environmentally benign compound, is gaining preference over traditional chemicals in applications such as polycarbonate synthesis, battery electrolytes, and solvents. The growing awareness among manufacturers regarding the environmental impact of their products has further accelerated the adoption of green dimethyl carbonate, positioning it as a vital component in sustainable industrial processes.

The rapid expansion of the electric vehicle (EV) and electronics industries is another critical driver for the Green Dimethyl Carbonate market. As the demand for high-performance lithium-ion batteries surges, particularly in the automotive and consumer electronics sectors, the need for safe and efficient battery electrolytes has intensified. Dimethyl carbonate, with its excellent electrochemical properties and low toxicity, is increasingly utilized as a key ingredient in battery electrolytes. This trend is expected to continue as the global shift towards electric mobility and renewable energy storage solutions accelerates, thereby boosting the consumption of green dimethyl carbonate in battery manufacturing and related applications.

Technological advancements in the production of bio-based dimethyl carbonate are also contributing to market growth. The development of cost-effective and sustainable synthesis methods, such as transesterification and oxidative carbonylation, has enabled manufacturers to produce high-purity green dimethyl carbonate from renewable sources. These innovations not only reduce dependence on fossil fuels but also lower the environmental footprint of the chemical production process. As consumers and industries alike place greater emphasis on circular economy principles and green chemistry, the adoption of bio-based dimethyl carbonate is expected to outpace that of its synthetic counterpart, further propelling market expansion.

From a regional perspective, Asia Pacific remains the dominant market for Green Dimethyl Carbonate, accounting for the largest share of global consumption. This leadership is attributed to the region's rapidly growing automotive, electronics, and chemical manufacturing industries, particularly in China, Japan, and South Korea. North America and Europe are also witnessing significant growth, supported by robust regulatory frameworks and increasing investments in sustainable technologies. Meanwhile, Latin America and the Middle East & Africa are emerging as promising markets, driven by rising industrialization and the gradual adoption of green chemicals in various end-use sectors. The global shift towards sustainability, coupled with regional initiatives, is expected to sustain the momentum of the Green Dimethyl Carbonate market in the coming years.

Application Analysis

The Application segment of the Green Dime

The global Dimethyl Carbonate (DMC) solvent market is experiencing robust growth, driven by increasing demand from various sectors. While precise market size figures for 2019-2024 are unavailable, industry reports suggest a substantial market already exists, given the established players like Sabic, Lotte, and Mitsubishi Chemical. Let's assume a conservative 2025 market size of $800 million, considering the presence of numerous significant players and established production capacities. With a Compound Annual Growth Rate (CAGR) of, let's estimate 7% for the forecast period 2025-2033, the market is projected to reach approximately $1.5 billion by 2033. This growth trajectory is fueled by the increasing adoption of DMC as a sustainable and environmentally friendly alternative to traditional solvents in diverse applications, including pharmaceuticals, coatings, and electronics manufacturing. The rising demand for green chemicals and stricter environmental regulations globally further bolster this market expansion. Growth is being propelled by several key factors. The inherent properties of DMC, such as its low toxicity and high biodegradability, are making it an attractive choice for manufacturers striving for sustainability. Furthermore, innovation in DMC synthesis methods is contributing to cost reductions, making it increasingly competitive against conventional solvents. However, challenges such as the relatively higher price compared to some traditional solvents and potential supply chain vulnerabilities could act as restraints on market growth in certain regions. Continued research and development, along with strategic partnerships and expansion into new application areas, will be crucial for sustaining this upward trajectory for DMC solvent market.

Uncover Market Research Intellect's latest Dimethyl Carbonate Solvent Market Report, valued at USD 1.2 billion in 2024, expected to rise to USD 1.8 billion by 2033 at a CAGR of 6.0% from 2026 to 2033.

Global Dimethyl Carbonate - DMC market size 2025 was XX Million. Dimethyl Carbonate - DMC Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.