The Global Diethyl Carbonate (DEC) Market is a cornerstone of the modern chemical sector, valued for its versatility as a solvent and a critical precursor. This colorless, mildly odorous liquid is insoluble in water, making it an essential component in an array of high-tech applications. The market is navigating a transformative period, driven by the global push for sustainability and the electrification of transportation.

As industries from lithium-ion battery manufacturing to pharmaceuticals seek more efficient and environmentally benign solutions, the role of diethyl carbonate becomes increasingly significant. In this blog, we profile the Top 10 Companies in the Diethyl Carbonate Industry—a group of chemical innovators, producers, and strategic suppliers that are shaping the supply chain and driving technological advancements in this dynamic market.

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🔟 1. Shinghwa Advanced Material Group Co., Ltd. (formerly Shandong Shida Shenghua)

Headquarters: Shandong, China
Key Offering: High-Purity Diethyl Carbonate, Lithium Battery Electrolyte Solvents

Shinghwa Advanced Material Group stands as a dominant force in the global DEC market, particularly within Asia-Pacific. The company’s rebranding reflects its strategic focus on advanced materials for the new energy sector. It operates extensive production facilities dedicated to carbonate esters, serving the burgeoning lithium-ion battery industry as a primary customer base.

Strategic Initiatives:

• Substantial investment in expanding production capacity for battery-grade solvents

• Focus on vertical integration to secure supply chains and mitigate cost volatility

• Reported revenue of approximately $6.25 billion, underpinning significant market influence

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9️⃣ 2. Shandong Lixing Advanced Material Co., Ltd.

Headquarters: Shandong, China
Key Offering: Diethyl Carbonate, Dimethyl Carbonate, Propylene Carbonate

Shandong Lixing is a key Chinese producer with a specialized focus on carbonate esters. The company is actively expanding its footprint, notably with a new 110,000-ton lithium battery electrolyte solvent project. This expansion significantly increases its capacity to meet the soaring demand from the electric vehicle and energy storage sectors.

Strategic Initiatives:

• Major capacity expansion projects aimed at capturing a larger share of the EV battery market

• Strategic positioning within China, the world’s largest market for battery materials

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8️⃣ 3. Tongling Jintai Chemical Co., Ltd.

Headquarters: Tongling, Anhui, China
Key Offering: Industrial and Battery-Grade Diethyl Carbonate

Tongling Jintai Chemical is a significant player in the Chinese chemical landscape, with a registered capital of CNY 133.7 million. The company specializes in the production of fine chemicals, including DEC, catering to both domestic and international markets. Its operations are crucial for supplying the regional electronics and chemical synthesis industries.

Strategic Initiatives:

• Focus on serving niche applications within organic synthesis and specialty solvents

• Maintains a strategic position in the Asian supply chain for chemical intermediates

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Diethyl Carbonate Global Market – View in Detailed Research Report

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7️⃣ 4. Dongying Hi-tech Spring Chemical Industry

Headquarters: Dongying, Shandong, China
Key Offering: Diethyl Carbonate, Various Carbonate Esters

Dongying Hi-tech Spring Chemical is a specialized manufacturer with an estimated revenue of $15.7 million. The company has carved out a strong position in the market by producing high-purity DEC required for sensitive applications such as lithium battery electrolytes and high-performance solvents for the pharmaceutical industry.

Strategic Initiatives:

• Emphasis on producing high-purity grades for demanding technical applications

• Leveraging its location in a major Chinese chemical industry hub for logistical advantages

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6️⃣ 5. Yingkou Hengyang New Energy Chemical

Headquarters: Yingkou, Liaoning, China
Key Offering: Diethyl Carbonate, Dimethyl Carbonate, Ethylene Carbonate

Yingkou Hengyang is a major investment in the new energy chemical space, with a total investment of 5.3 billion yuan across a 253,845 square meter facility. The company boasts significant production capacities, including 20,000 tons of diethyl carbonate annually, positioning it as a key supplier for the battery and industrial solvent markets.

Strategic Initiatives:

• Large-scale, integrated production facility for a portfolio of carbonate solvents

• Directly addresses the supply needs of the rapidly growing lithium-ion battery industry in Northeast Asia

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5️⃣ 6. Liaoning Konglung

Headquarters: Liaoning, China
Key Offering: Diethyl Carbonate, Chemical Intermediates

Liaoning Konglung operates within China’s important northeastern industrial corridor. The company contributes to the regional and global supply of DEC, serving various downstream sectors. Its role is integral to the chemical value chain, providing essential materials for further synthesis and formulation.

Strategic Initiatives:

• Supports the regional chemical manufacturing ecosystem with key intermediates

• Focuses on maintaining consistent quality for industrial-grade applications

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4️⃣ 7. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: High-purity solvents, Diethyl Carbonate for specialty applications

BASF, a global chemical giant, is involved in the diethyl carbonate market through its extensive solvents and intermediates portfolio. While not always a primary bulk producer, BASF’s strength lies in supplying high-purity, specialty grades for demanding applications in pharmaceuticals, agrochemicals, and electronics, often leveraging its global distribution network.

Strategic Initiatives:

• Leadership in developing sustainable chemical solutions and green chemistry principles

• Extensive R&D focused on application-specific formulations and purity standards

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3️⃣ 8. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Offering: Specialty Chemicals, Electrolyte Solvents, Diethyl Carbonate

Mitsubishi Chemical Group is a key player in the advanced materials sector, with significant interests in chemicals for energy storage. The company’s expertise in electrolyte formulations for lithium-ion batteries makes it a relevant and influential participant in the DEC market, particularly for high-value, performance-critical grades.

Strategic Initiatives:

• Strong focus on the innovation of battery materials and next-generation energy storage technologies

• Global presence ensures supply stability for multinational electronics and automotive clients

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Diethyl Carbonate Global Market – View in Detailed Research Report

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2️⃣ 9. Sigma-Aldrich (Merck KGaA)

Headquarters: Darmstadt, Germany
Key Offering: Laboratory and High-Purity Diethyl Carbonate

Sigma-Aldrich, part of Merck KGaA, is a leading global supplier of laboratory chemicals and high-purity materials. The company serves the research and development segment of the market, providing diethyl carbonate to academic institutions, pharmaceutical R&D labs, and specialized industrial research facilities where utmost purity and consistency are required.

Strategic Initiatives:

• Dominance in the supply of high-purity reagents for scientific research and development

• Extensive quality control and certification for analytical and laboratory applications

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1️⃣ 10. Alfa Aesar (Thermo Fisher Scientific)

Headquarters: Lancashire, United Kingdom
Key Offering: Research Chemicals, Diethyl Carbonate for R&D

Alfa Aesar, a Thermo Fisher Scientific company, is a premier supplier of research chemicals, metals, and materials. It provides diethyl carbonate primarily to the R&D community, supporting innovation across academia, pharmaceuticals, and material science. Its global distribution network makes it a vital partner for researchers worldwide.

Strategic Initiatives:

• Focus on serving the innovation pipeline with high-quality materials for research

• Integration within Thermo Fisher’s vast portfolio provides unparalleled logistical and technical support

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Diethyl Carbonate Global Market – View in Detailed Research Report

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🌍 Outlook: The Future of Diethyl Carbonate Is Intertwined with Green Technology

The diethyl carbonate market is on a robust growth trajectory, fundamentally linked to the global energy transition and technological advancement. While traditional applications in solvents and chemical synthesis remain stable, the explosive growth in lithium-ion battery production is the primary engine of future demand.

📈 Key Trends Shaping the Market:

• Electric Vehicle Revolution: The massive global push for EV adoption is directly increasing demand for DEC as a key component in battery electrolytes.

• Green Chemistry Focus: DEC is viewed as a greener solvent alternative, aligning with stringent environmental regulations and corporate sustainability goals.

• Supply Chain Localization: Efforts, particularly in North America and Europe, to build localized battery material supply chains are creating new opportunities for producers outside of Asia.

• Technological Innovation: R&D into next-generation batteries and advanced electronics continues to open new application avenues for high-purity carbonates.

Get Full Report Here:
Diethyl Carbonate Global Market – View in Detailed Research Report

The companies profiled above are not merely suppliers of a chemical compound; they are essential enablers of cleaner energy, advanced electronics, and sustainable industrial processes. Their strategic moves and capacity investments will be critical in powering the technological landscape of the future.