Market overview
The global dimethyl carbonate market is worth USD 694 mn in 2026 and is forecast to reach USD 1.5 bn by 2036, growing at a 8.0% CAGR. China is the largest country market and Battery electrolyte solvent is the largest by use segment.
| Scope | Dimethyl carbonate (DMC) used as a solvent, methylating agent, polycarbonate feedstock and lithium-ion battery electrolyte solvent. |
|---|---|
| Industry | Chemicals and Materials |
| Value 2025 | USD 640 mn |
| Value 2026 | USD 694 mn |
| Value 2036 | USD 1.5 bn |
| CAGR 2026-2036 | 8.0% |
| Volume 2026 | 1,188 thousand tonnes |
| Volume 2036 | 2,439 thousand tonnes |
| Average price 2026 | USD 585 per tonne |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Dimethyl Carbonate market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 694 mn |
| 2027 | USD 750 mn |
| 2028 | USD 810 mn |
| 2029 | USD 875 mn |
| 2030 | USD 945 mn |
| 2031 | USD 1.0 bn |
| 2032 | USD 1.1 bn |
| 2033 | USD 1.2 bn |
| 2034 | USD 1.3 bn |
| 2035 | USD 1.4 bn |
| 2036 | USD 1.5 bn |
Dimethyl Carbonate market segmentation
By use
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Battery electrolyte solvent | 34.0% | 48.4% | USD 236 mn | 11.9% |
| Polycarbonate production | 30.0% | 23.5% | USD 208 mn | 5.4% |
| Solvents and coatings | 20.0% | 14.9% | USD 139 mn | 4.9% |
| Methylation and chemical intermediates | 16.0% | 13.1% | USD 111 mn | 5.9% |
By grade
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Industrial grade | 56.0% | 41.0% | USD 389 mn | 4.7% |
| Battery grade | 36.0% | 52.6% | USD 250 mn | 12.2% |
| Pharmaceutical and other | 8.0% | 6.4% | USD 56 mn | 5.7% |
By production process
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Transesterification (EC/PO route) | 48.0% | 50.0% | USD 333 mn | 8.4% |
| Oxidative carbonylation | 28.0% | 27.0% | USD 194 mn | 7.6% |
| Urea alcoholysis | 14.0% | 15.0% | USD 97 mn | 8.8% |
| Phosgene route | 10.0% | 8.0% | USD 69 mn | 5.6% |
By end use industry
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Lithium battery electrolytes | 34.0% | 42.0% | USD 236 mn | 10.3% |
| Polycarbonate | 28.0% | 22.0% | USD 194 mn | 5.4% |
| Paints and coatings solvent | 14.0% | 12.0% | USD 97 mn | 6.3% |
| Pharma and agrochemicals | 14.0% | 14.0% | USD 97 mn | 8.0% |
| Fuel additives and other | 10.0% | 10.0% | USD 69 mn | 8.0% |
By sales mode
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Direct contract | 60.0% | 58.0% | USD 417 mn | 7.6% |
| Chemical distributors | 28.0% | 29.0% | USD 194 mn | 8.4% |
| Spot and trading | 12.0% | 13.0% | USD 83 mn | 8.9% |
Top 25 countries for dimethyl carbonate by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 96.5% of 2026 revenue and the 25 countries below together hold 98.8%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 403 mn | 58.0% | USD 970 mn | 9.2% |
| 2 | South Korea | USD 49 mn | 7.0% | USD 93 mn | 6.7% |
| 3 | Japan | USD 42 mn | 6.0% | USD 66 mn | 4.7% |
| 4 | United States | USD 42 mn | 6.0% | USD 72 mn | 5.6% |
| 5 | Germany | USD 31 mn | 4.5% | USD 49 mn | 4.7% |
| 6 | India | USD 28 mn | 4.0% | USD 64 mn | 8.8% |
| 7 | Taiwan | USD 24 mn | 3.5% | USD 45 mn | 6.3% |
| 8 | Saudi Arabia | USD 21 mn | 3.0% | USD 36 mn | 5.6% |
| 9 | Netherlands | USD 17 mn | 2.5% | USD 27 mn | 4.5% |
| 10 | Thailand | USD 14 mn | 2.0% | USD 27 mn | 6.9% |
| 11 | Poland | USD 2.4 mn | 0.3% | USD 5.2 mn | 8.0% |
| 12 | Hungary | USD 1.7 mn | 0.2% | USD 3.5 mn | 7.1% |
| 13 | Malaysia | USD 1.5 mn | 0.2% | USD 3.1 mn | 8.0% |
| 14 | Vietnam | USD 1.2 mn | 0.2% | USD 3.0 mn | 9.1% |
| 15 | Spain | USD 1.1 mn | 0.2% | USD 2.1 mn | 6.6% |
| 16 | Belgium | USD 1.0 mn | 0.1% | USD 1.9 mn | 6.5% |
| 17 | Indonesia | USD 0.97 mn | 0.1% | USD 2.2 mn | 8.8% |
| 18 | Turkey | USD 0.90 mn | 0.1% | USD 1.9 mn | 8.0% |
| 19 | Mexico | USD 0.83 mn | 0.1% | USD 1.9 mn | 8.9% |
| 20 | Singapore | USD 0.83 mn | 0.1% | USD 1.6 mn | 7.1% |
| 21 | Philippines | USD 0.76 mn | 0.1% | USD 1.8 mn | 8.9% |
| 22 | Israel | USD 0.76 mn | 0.1% | USD 1.5 mn | 7.0% |
| 23 | Ireland | USD 0.69 mn | 0.1% | USD 1.5 mn | 8.0% |
| 24 | Hong Kong | USD 0.69 mn | 0.1% | USD 1.2 mn | 5.6% |
| 25 | Czech Republic | USD 0.69 mn | 0.1% | USD 1.4 mn | 6.9% |
| Rest of world | USD 8.1 mn | 1.2% | USD 15 mn | 6.6% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Ube
- Asahi Kasei
- Mitsubishi Chemical Group
- Lotte Chemical
- Mitsubishi Gas Chemical
Group 2: Regional and specialist players
- Shandong Shida Shenghua Chemical
- Kowa American
- Guangzhou Tinci Materials
- Shenzhen Capchem Technology
- BASF
- Dongying Hi-Tech Spring Chemical
Group 3: Emerging and niche players
- Shandong Haike Chemical
- Tokyo Chemical Industry
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the dimethyl carbonate market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 8.0% is calculated from the resulting values.
The market is divided by use, by grade, by production process, by end use industry, by sales mode. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the dimethyl carbonate market?
The global dimethyl carbonate market is estimated at USD 640 mn in 2025 and USD 694 mn in 2026.
How fast will the dimethyl carbonate market grow?
It is forecast to reach USD 1.5 bn by 2036, a compound annual growth rate of 8.0% from 2026, an increase of USD 805 mn.
Which country is the largest market for dimethyl carbonate?
China is the largest market by revenue at USD 403 mn in 2026, 58.0% of the global total. The three largest countries together hold 71.0%.
Which country is growing fastest?
Among the ten largest markets, China is growing fastest at 9.2% a year from 2026 to 2036.
Which dimethyl carbonate segment is largest?
In the by use split, Battery electrolyte solvent is the largest segment with 34.0% of 2026 revenue.
Who are the leading dimethyl carbonate companies?
Global leaders include Ube, Asahi Kasei, Mitsubishi Chemical Group, Lotte Chemical.
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