Market Overview:
The global battery grade dimethyl carbonate market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for lithium-ion batteries and capacitors. In addition, the growing demand for electric vehicles is also contributing to the growth of this market. The global battery grade dimethyl carbonate market can be segmented on the basis of type and application. On the basis of type, it can be divided into propylene oxide method and ethylene oxide method. On the basis of application, it can be classified into lithium battery electrolyte, capacitor electrolyte, and other applications.
Product Definition:
A high-quality, battery-grade dimethyl carbonate is a colorless, odorless liquid with a slightly sweet taste. It is soluble in water and other polar solvents. Dimethyl carbonate is used as an electrolyte in lithium ion batteries.
Propylene Oxide Method:
Propylene oxide is a chemical compound derived from propylene. It has a strong odor similar to that of gasoline and isopropyl alcohol. Propylene oxide can be produced by both thermal and chemical methods, however, the most common method used across the globe for manufacturing propylene oxide (PO) is via the thermal process. The global market for PO has seen significant growth over recent years owing to its rising demand in battery grade dimethyl carbonate (DMC).
Ethylene Oxide Method:
Ethylene oxide is a chemical compound, which is also known as oxirane. It has a triple bond between carbon & oxygen with the formula C2H4O2. The molecular structure of ethylene oxide looks like a spear with one end pointy and other flat. Ethylene oxide can be produced by using hydrogen and synthesis gas in the presence of platinum catalyst or by using natural gas and steam in presence of zinc catalyst.
Application Insights:
Capacitor electrolyte was the dominant application segment in terms of revenue share in 2017. It is projected to expand at a CAGR of XX% from 2018 to 2030 owing to its rising demand for electronic devices, which require low-temperature capacitors with high energy density and excellent cycle durability. The other applications include lithium battery electrolyte and others such as industrial gas turbine fuel additive (ethylene oxide method) and plasticizer (propylene oxide method).
Demand for batteries is growing significantly across several applications, including electric vehicles, consumer electronics and power storage systems.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several key battery manufacturers such as Panasonic, Samsung SDI, LG Chem, and others. These companies are engaged in capacity expansion through mergers and acquisitions. For instance, In January 2018; Panasonic Corporation acquired Sanyo Electric Co., Ltd’s Li-ion battery business unit for USD X billion to expand its electric vehicle production capacity globally.
The growing demand for smartphones across Asia Pacific has led major smartphone manufacturers such as Samsung Electronics Co., Ltd.; Foxconn Technology Group; Xiaomi Corporation; BBK Electronics Corporation; Lenovo Group Limited; Google LLC.; Micromax Informatics Limited etc.; to increase their production capacities in this region by various means including joint ventures and mergers & acquisitions etcetera (see Table 1).
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for battery grade dimethyl carbonate as it is used in the manufacturing of lithium-ion batteries.
- Growing investments in renewable energy: Renewable energy sources such as solar and wind are becoming increasingly popular due to their low environmental impact and falling costs. This is leading to an increase in investments in these technologies, which will drive the growth of the battery grade dimethyl carbonate market.
- Rising consumer awareness about climate change: There has been a growing awareness among consumers about climate change and its effects on both humans and the environment. This is driving them towards adopting sustainable practices, including using products that have low environmental footprints such as those that use battery grade dimethyl carbonate .
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery Grade Dimethyl Carbonate Market Research Report
By Type
Propylene Oxide Method, Ethylene Oxide Method
By Application
Lithium Battery Electrolyte, Capacitor Electrolyte, Other
By Companies
UBE, Shida Shenghua, Tongling Jintai Chemical, Shandong Wells Chemicals, Hi-tech Spring, Shandong Depu Chemical, CNSG Anhui Redsifang, Liaoning Oxiranchem
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Battery Grade Dimethyl Carbonate Market Report Segments:
The global Battery Grade Dimethyl Carbonate market is segmented on the basis of:
Types
Propylene Oxide Method, Ethylene Oxide Method
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Lithium Battery Electrolyte, Capacitor Electrolyte, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- UBE
- Shida Shenghua
- Tongling Jintai Chemical
- Shandong Wells Chemicals
- Hi-tech Spring
- Shandong Depu Chemical
- CNSG Anhui Redsifang
- Liaoning Oxiranchem
Highlights of The Battery Grade Dimethyl Carbonate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Propylene Oxide Method
- Ethylene Oxide Method
- By Application:
- Lithium Battery Electrolyte
- Capacitor Electrolyte
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Battery Grade Dimethyl Carbonate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Battery grade dimethyl carbonate is a type of carbonate that is used in batteries. It helps to create a battery's acid and helps to keep the battery cells charged.
Some of the major companies in the battery grade dimethyl carbonate market are UBE, Shida Shenghua, Tongling Jintai Chemical, Shandong Wells Chemicals, Hi-tech Spring, Shandong Depu Chemical, CNSG Anhui Redsifang, Liaoning Oxiranchem.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Battery Grade Dimethyl Carbonate Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Battery Grade Dimethyl Carbonate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Battery Grade Dimethyl Carbonate Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Battery Grade Dimethyl Carbonate Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Battery Grade Dimethyl Carbonate Market Size & Forecast, 2018-2028 4.5.1 Battery Grade Dimethyl Carbonate Market Size and Y-o-Y Growth 4.5.2 Battery Grade Dimethyl Carbonate Market Absolute $ Opportunity
Chapter 5 Global Battery Grade Dimethyl Carbonate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Battery Grade Dimethyl Carbonate Market Size Forecast by Type
5.2.1 Propylene Oxide Method
5.2.2 Ethylene Oxide Method
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Battery Grade Dimethyl Carbonate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Battery Grade Dimethyl Carbonate Market Size Forecast by Applications
6.2.1 Lithium Battery Electrolyte
6.2.2 Capacitor Electrolyte
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Battery Grade Dimethyl Carbonate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Battery Grade Dimethyl Carbonate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Battery Grade Dimethyl Carbonate Analysis and Forecast
9.1 Introduction
9.2 North America Battery Grade Dimethyl Carbonate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Battery Grade Dimethyl Carbonate Market Size Forecast by Type
9.6.1 Propylene Oxide Method
9.6.2 Ethylene Oxide Method
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Battery Grade Dimethyl Carbonate Market Size Forecast by Applications
9.10.1 Lithium Battery Electrolyte
9.10.2 Capacitor Electrolyte
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Battery Grade Dimethyl Carbonate Analysis and Forecast
10.1 Introduction
10.2 Europe Battery Grade Dimethyl Carbonate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Battery Grade Dimethyl Carbonate Market Size Forecast by Type
10.6.1 Propylene Oxide Method
10.6.2 Ethylene Oxide Method
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Battery Grade Dimethyl Carbonate Market Size Forecast by Applications
10.10.1 Lithium Battery Electrolyte
10.10.2 Capacitor Electrolyte
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Battery Grade Dimethyl Carbonate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Battery Grade Dimethyl Carbonate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Battery Grade Dimethyl Carbonate Market Size Forecast by Type
11.6.1 Propylene Oxide Method
11.6.2 Ethylene Oxide Method
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Battery Grade Dimethyl Carbonate Market Size Forecast by Applications
11.10.1 Lithium Battery Electrolyte
11.10.2 Capacitor Electrolyte
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Battery Grade Dimethyl Carbonate Analysis and Forecast
12.1 Introduction
12.2 Latin America Battery Grade Dimethyl Carbonate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Battery Grade Dimethyl Carbonate Market Size Forecast by Type
12.6.1 Propylene Oxide Method
12.6.2 Ethylene Oxide Method
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Battery Grade Dimethyl Carbonate Market Size Forecast by Applications
12.10.1 Lithium Battery Electrolyte
12.10.2 Capacitor Electrolyte
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Battery Grade Dimethyl Carbonate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Battery Grade Dimethyl Carbonate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Battery Grade Dimethyl Carbonate Market Size Forecast by Type
13.6.1 Propylene Oxide Method
13.6.2 Ethylene Oxide Method
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Battery Grade Dimethyl Carbonate Market Size Forecast by Applications
13.10.1 Lithium Battery Electrolyte
13.10.2 Capacitor Electrolyte
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Battery Grade Dimethyl Carbonate Market: Competitive Dashboard
14.2 Global Battery Grade Dimethyl Carbonate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 UBE
14.3.2 Shida Shenghua
14.3.3 Tongling Jintai Chemical
14.3.4 Shandong Wells Chemicals
14.3.5 Hi-tech Spring
14.3.6 Shandong Depu Chemical
14.3.7 CNSG Anhui Redsifang
14.3.8 Liaoning Oxiranchem