디메틸 카보네이트 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the dimethyl carbonate market size is projected to expand from USD 1.36 billion in 2025 and USD 1.48 billion in 2026 to USD 1.99 billion by 2031, and is expected to register a CAGR of 6.10% between 2026 to 2031.

This report is Segmented by Product Grade (Industrial Grade Dimethyl Carbonate, Pharmaceutical Grade Dimethyl Carbonate and More), Application (Solvents, Reagents, and More), End-Use Industry (Plastics Industry, Pharmaceutical Industry, and More), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Global Dimethyl Carbonate Market Trends and Insights

Rising Demand for High-Purity Dimethyl Carbonate in Battery Electrolytes

Battery-grade dimethyl carbonate requires purity of 99.99% or above, which keeps its realized pricing well above industrial-grade material. In the dimethyl carbonate market, this premium is significant because revenue growth is being driven by product mix improvement, not only by higher volumes. Global battery demand for EV and storage applications reached 1 TWh in 2024, with EV batteries accounting for more than 950 GWh, up 25% from 2023. Battery demand is projected to exceed 3 TWh by 2030, supporting a firm long-term outlook for solvent procurement. In Europe, chemistry mix remains an important consideration because Lithium Iron Phosphate (LFP) batteries use less dimethyl carbonate per unit than NMC cells, meaning rising capacity does not translate into a proportional increase in solvent demand. The dimethyl carbonate market therefore favors suppliers that secure long-term battery contracts and can consistently meet purity requirements, logistics control, and contamination risk standards.

Expanding Use in Polycarbonate Synthesis Replacing Phosgene-Based Routes

Dimethyl carbonate supports a non-phosgene route to polycarbonate production, making it relevant where chemical handling standards are tightening. In the dimethyl carbonate market, this application keeps industrial-grade demand stable even as battery applications grow faster in value terms. A 2025 pilot study validated a continuous CO2-to-dimethyl carbonate (DMC)-to-diphenyl carbonate process over a 150-hour run, achieving an 85.9% overall DMC yield and polymer-grade polycarbonate quality comparable to conventional material. China, South Korea, and Japan remain the largest polycarbonate production base, maintaining a strong regional demand floor for this application. The same upstream process can support both industrial and high-purity output, giving producers flexibility to adjust purification focus as downstream conditions change. The dimethyl carbonate market benefits from this dual-track model as it allows suppliers to balance mature plastics demand with faster battery-related growth.

High Dependence on Methanol and CO2 Feedstock Prices

Methanol and CO2 are the primary feedstocks in the main synthesis routes used across the dimethyl carbonate market, making production economics closely tied to energy cycles and procurement conditions that suppliers cannot fully control. Methanol costs rose 35% to 40% in the first quarter of 2026, and dimethyl carbonate spot prices in Asia increased by 25% to 30% during the same period. This cost increase pushed some commodity buyers toward a more cautious procurement stance through the third quarter of 2026. The dimethyl carbonate market also faces CO2 sourcing risk, as green production routes rely on nearby industrial flue gas streams, and disruptions in adjacent sectors can interrupt planned output.

Other drivers and restraints analyzed in the detailed report include:

1. Shift Toward Safer, Low-Toxicity Solvents Across Industries
2. Growth in pharmaceutical manufacturing and green Active Pharmaceutical Ingredient (API) synthesis
3. Handling and Purification Challenges for High-Purity Grades

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Industrial grade held 47.22% of the dimethyl carbonate market in 2025, reflecting its established use in polycarbonate synthesis and coatings production. Its role in phosgene-free carbonylation keeps demand steady, as many downstream users require large, reliable base volumes. The market continues to depend on this grade for scale, particularly in Asia where plastics processing and engineering materials production remain well established. Battery grade is projected to grow at a 7.91% CAGR through 2031, making it the fastest-growing product grade in the study. This growth is driven by the expansion of electric vehicles and rising energy storage deployment, both of which are increasing demand for electrolyte solvents.

Pharmaceutical grade remains smaller in volume but commands the highest selling price, as purity must exceed 99.995% and compliance requirements are more stringent. This makes regulated supply a specialized niche with fewer credible producers and stronger margin protection. Fuel additive grade benefits from restrictions on methyl tert-butyl ether (MTBE) in several jurisdictions, which supports its place in the product portfolio, although it is not the primary demand driver. The dimethyl carbonate market is therefore divided across distinct value pools: industrial grade carries the bulk of volume, battery grade drives growth, and pharmaceutical grade supports premium pricing. This division is central to producer strategy, as the same upstream chemistry can supply multiple grades, while downstream purification determines final pricing power.

Complete Report Scope:

• By Product Grade
  • Industrial Grade Dimethyl Carbonate
  • Pharmaceutical Grade Dimethyl Carbonate
  • Battery Grade Dimethyl Carbonate
  • Fuel Additive Grade Dimethyl Carbonate
• By Application
  • Polycarbonate Synthesis
  • Battery Electrolyte
  • Solvents
  • Reagents
  • Fuel Additives
  • Other Applications
• By End-Use Industry
  • Plastics Industry
  • Paints and Coatings Industry
  • Pharmaceutical Industry
  • Battery Industry
  • Agrochemicals Industry
  • Adhesives and Sealants Industry
  • Electronics Industry
• By Geography
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Russia
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle-East and Africa
    • Saudi Arabia
    • South Africa
    • Rest of Middle-East and Africa

Geography Analysis

Asia-Pacific held 59.37% of the dimethyl carbonate market share in 2025 and is expected to grow at a CAGR of 6.92% through 2031, making it both the largest and fastest-growing regional market. The region's position is driven by China, which combines large-scale chemical production, strong battery manufacturing, and significant downstream demand for plastics. China's dimethyl carbonate capacity exceeded 405.5 million tons per year in 2025, with the Pearl River Delta accounting for 52% of the country's battery-grade consumption. Eastern China accounted for 72% of downstream polycarbonate customers, supporting local demand and reducing logistics costs. China's new energy vehicle sales surpassed 10 million units in 2024, sustaining strong structural demand for electrolyte solvents. Japan and South Korea contribute through premium-quality supply, with UBE Corporation utilizing its gas-phase nitrite process to serve higher-end battery applications.

North America has been shifting away from reliance on imports toward domestic production. Previously, dimethyl carbonate (DMC) and ethyl methyl carbonate were fully imported into the United States, exposing battery supply chains to external sourcing risks. UBE Corporation has committed USD 700 million to a Louisiana facility targeting 100,000 tons per year of DMC, with operations scheduled for the first quarter of fiscal year 2027. The Japan Bank for International Cooperation (JBIC) confirmed financing support for this project through UBE's U.S. subsidiary, reinforcing the strategic importance of domestic battery solvent supply.

Europe remains a significant demand center for pharmaceuticals, coatings, and specialty chemicals, rather than for large volumes of battery electrolytes. The dimethyl carbonate market in Europe is shaped by Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) compliance, which increases registration and traceability requirements for suppliers serving the region. Lithium iron phosphate (LFP) batteries exceeded 10% of European electric vehicle (EV) battery demand in 2025, reducing dimethyl carbonate intensity per kilowatt-hour compared with nickel manganese cobalt (NMC)-heavy chemistries. South America and the Middle East and Africa remain early-stage markets, though Brazil, Argentina, and Saudi Arabia show potential through petrochemical and specialty chemical investment activity.

1. Dongying Hi-tech Spring Chemical Industry Co., Ltd.
2. Hebei New Chaoyang Chemical Stock Co., Ltd.
3. Kishida Chemical Co. Ltd.
4. Kowa Company, Ltd.
5. Liaoning Oxiranchem, Inc.
6. Lotte Chemical Corporation
7. Merck KGaA
8. Shandong Haike Chemical Group Co., Ltd.
9. Shanghai Jinshan Jingwei Chemical Co., Ltd.
10. Shinghwa Advanced Material Group Co.,Ltd.
11. Tokyo Chemical Industry Co., Ltd.
12. UBE Corporation
13. Zhejiang Yuanli Chemical Co., Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rising Demand for High-Purity Battery Electrolyte Solvents
  • 4.2.2 Expanding Use in Polycarbonate Synthesis
  • 4.2.3 Shift Toward Safer, Low-Toxicity Reagents and Solvents
  • 4.2.4 Growth in Pharmaceutical and Specialty Chemical Formulations
  • 4.2.5 Expansion of Lithium-Ion Battery Manufacturing Capacity
• 4.3 Market Restraints
  • 4.3.1 High Dependence on Feedstock and Process Economics
  • 4.3.2 Handling and Purification Constraints for Battery Grade Material
  • 4.3.3 Competition From Alternative Carbonate Solvents and Substitutes
• 4.4 Value Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Porter's Five Forces Analysis
  • 4.6.1 Bargaining Power of Suppliers
  • 4.6.2 Bargaining Power of Buyers
  • 4.6.3 Threat of New Entrants
  • 4.6.4 Threat of Substitutes
  • 4.6.5 Intensity of Competitive Rivalry

5 Market Size and Growth Forecasts (Value)

• 5.1 By Product Grade
  • 5.1.1 Industrial Grade Dimethyl Carbonate
  • 5.1.2 Pharmaceutical Grade Dimethyl Carbonate
  • 5.1.3 Battery Grade Dimethyl Carbonate
  • 5.1.4 Fuel Additive Grade Dimethyl Carbonate
• 5.2 By Application
  • 5.2.1 Polycarbonate Synthesis
  • 5.2.2 Battery Electrolyte
  • 5.2.3 Solvents
  • 5.2.4 Reagents
  • 5.2.5 Fuel Additives
  • 5.2.6 Other Applications
• 5.3 By End-Use Industry
  • 5.3.1 Plastics Industry
  • 5.3.2 Paints and Coatings Industry
  • 5.3.3 Pharmaceutical Industry
  • 5.3.4 Battery Industry
  • 5.3.5 Agrochemicals Industry
  • 5.3.6 Adhesives and Sealants Industry
  • 5.3.7 Electronics Industry
• 5.4 By Geography
  • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 Rest of Asia-Pacific
  • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
  • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Russia
    • 5.4.3.6 Rest of Europe
  • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
  • 5.4.5 Middle-East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share (%)/Ranking Analysis
• 6.4 Company Profiles (includes Global Overview, Market Overview, Core Segments, Financials as available, Strategic Information, Products and Services, and Recent Developments)
  • 6.4.1 Dongying Hi-tech Spring Chemical Industry Co., Ltd.
  • 6.4.2 Hebei New Chaoyang Chemical Stock Co., Ltd.
  • 6.4.3 Kishida Chemical Co. Ltd.
  • 6.4.4 Kowa Company, Ltd.
  • 6.4.5 Liaoning Oxiranchem, Inc.
  • 6.4.6 Lotte Chemical Corporation
  • 6.4.7 Merck KGaA
  • 6.4.8 Shandong Haike Chemical Group Co., Ltd.
  • 6.4.9 Shanghai Jinshan Jingwei Chemical Co., Ltd.
  • 6.4.10 Shinghwa Advanced Material Group Co.,Ltd.
  • 6.4.11 Tokyo Chemical Industry Co., Ltd.
  • 6.4.12 UBE Corporation
  • 6.4.13 Zhejiang Yuanli Chemical Co., Ltd.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment