In Asia, Dimethyl Carbonate prices declined through H1 2023 due to diminished support from upstream sectors and feedstock materials. After high production costs in 2022, the slow recovery of Chinese manufacturing due to Covid-19 restrictions and other geopolitical influences impacted costs. However, costs normalized in 2023, mainly attributed to reduced energy and freight expenses. With subdued downstream demand, Dimethyl Carbonate prices consistently dropped. Europe experienced mixed trends, initially due to inflation struggles and automotive sector stagnation, but rebounded in Q2 with recovering markets and increased demand from EV and automotive sectors. North America paralleled Europe’s price shifts, influenced by similar downstream sectors’ demand patterns.
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Page Contents
Definition
Dimethyl Carbonate is a chemical compound with formula (CH3O)2CO. It’s a clear, colorless liquid that’s used as a versatile solvent and chemical intermediate in various industries. It finds applications in manufacturing pharmaceuticals, agrochemicals, electronics, and as a fuel additive. Dimethyl Carbonate is known for its low toxicity and environmentally friendly properties.
Key Details About the Dimethyl Carbonate Price Trends:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Dimethyl Carbonate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Dimethyl Carbonate Price Trends, including India Dimethyl Carbonate price, USA Dimethyl Carbonate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Dimethyl Carbonate Price Trends:
Dimethyl Carbonate is employed across industries for its versatile properties. It serves as a solvent in pharmaceutical and agrochemical manufacturing, playing a vital role in chemical reactions and formulations. In the electronics industry, it finds use in producing electrolytes for batteries and capacitors. Additionally, it acts as a fuel additive and a component in paints and coatings.
Key Players:
- Shandong Shida Shenghua Chemical Co., Ltd
- KOWA American Corporation
- UBE Industries
- Tokyo Chemical Industry Co. Ltd
- HaiKe Chemical Group Ltd
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