The Global Battery Grade Dimethyl Carbonate (DMC) Market was valued at USD 233 Million in 2025 and is projected to reach USD 405 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period (2024–2030). This robust growth is being driven by the explosive expansion of electric vehicle production, the rapid deployment of energy storage systems, and the accelerating adoption of high-performance lithium-ion battery technologies worldwide.

As the global energy storage industry transforms toward electrification and sustainability, the spotlight is on the key chemical suppliers who are driving innovation, purity standards, and cleaner production pathways. In this blog, we profile the Top 10 Companies in the Battery Grade Dimethyl Carbonate (DMC) Industry—a mix of chemical majors, specialized producers, and technology innovators shaping the future of advanced battery electrolytes.

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🔟 1. Shandong Shida Shenghua Chemical Group Co., Ltd.

Headquarters: Zibo City, Shandong, China
Key Offering: High-Purity Battery Grade DMC (99.9% and above)

Shandong Shida Shenghua is a leading global producer of battery-grade DMC, renowned for its large-scale manufacturing capabilities and vertically integrated production chain. The company’s advanced transesterification technology ensures consistent ultra-high purity, making it a preferred supplier for major lithium-ion battery manufacturers worldwide.

Technological Initiatives:

• Vertical integration with propylene oxide feedstock

• Continuous process optimization for cost leadership

• Strategic partnerships with leading electrolyte formulators

Download FREE Sample Report: Battery Grade Dimethyl Carbonate (DMC) Market – View in Detailed Research Report

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9️⃣ 2. Haike Chemical Group

Headquarters: Dongying, Shandong, China
Key Offering: Battery Grade DMC, Industrial Grade DMC

Haike Chemical Group is another major Chinese player with significant production capacity for battery-grade DMC. The company leverages its strong position in the regional petrochemical sector to ensure a stable supply of raw materials, catering to the booming domestic and international battery markets.

Technological Initiatives:

• Investment in purification technology for 99.99% purity grades

• Expansion of production capacity to meet EV demand surge

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8️⃣ 3. Ube Industries, Ltd.

Headquarters: Tokyo, Japan
Key Offering: Ultra-High Purity DMC, Specialty Chemicals

Ube Industries is a distinguished Japanese chemical company with a long history of innovation. It is recognized for its high-quality DMC produced via its proprietary oxidative carbonylation process, which is highly regarded for producing material with exceptionally low impurity levels suitable for premium battery applications.

Technological Initiatives:

• Pioneering oxidative carbonylation technology

• Focus on R&D for next-generation electrolyte formulations

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7️⃣ 4. Fushun Dongke Fine Chemical Co., Ltd.

Headquarters: Fushun, Liaoning, China
Key Offering: Battery Grade DMC, Pharmaceutical Intermediates

Fushun Dongke Fine Chemical specializes in the production of fine chemicals, including high-purity DMC for the battery sector. The company has established itself as a reliable supplier by focusing on stringent quality control and customizing products to meet specific customer requirements.

Technological Initiatives:

• Advanced distillation and purification systems

• Development of tailored DMC specifications for niche applications

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6️⃣ 5. Tongling Jintai Chemical Industrial Co., Ltd.

Headquarters: Tongling, Anhui, China
Key Offering: DMC, Propylene Carbonate, Chemical Intermediates

Tongling Jintai Chemical is a key manufacturer in China’s chemical industry, producing a range of carbonate esters. The company’s battery-grade DMC is integral to the supply chain for electrolyte producers serving the electric vehicle and consumer electronics markets.

Technological Initiatives:

• Integrated production from basic chemicals

• Capacity expansions aligned with market growth forecasts

Download FREE Sample Report: Battery Grade Dimethyl Carbonate (DMC) Market – View in Detailed Research Report

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5️⃣ 6. Mitsui Chemicals, Inc.

Headquarters: Tokyo, Japan
Key Offering: High-Function DMC, Performance Materials

Mitsui Chemicals is a global chemical giant with a diverse portfolio. Its production of high-purity DMC is supported by strong R&D capabilities and a focus on developing materials that enhance battery performance, safety, and longevity for demanding applications.

Technological Initiatives:

• Collaborative development with automotive OEMs and battery makers

• Investment in sustainable chemical processes

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4️⃣ 7. Dongyue Chemical Group Co., Ltd.

Headquarters: Zibo City, Shandong, China
Key Offering: DMC, Organosilicon, Fluorochemicals

Dongyue Chemical Group is a comprehensive chemical enterprise with a significant presence in the DMC market. The company utilizes its extensive chemical manufacturing expertise to produce battery-grade DMC that meets the rigorous standards of the modern energy storage industry.

Technological Initiatives:

• Leveraging synergies across its diverse chemical divisions

• Scaling production to serve global battery gigafactories

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3️⃣ 8. LOTTE Fine Chemical

Headquarters: Seoul, South Korea
Key Offering: Ultra-Pure DMC, Electronic Chemicals

LOTTE Fine Chemical is a key South Korean producer specializing in high-purity chemicals for electronics and energy storage. Its battery-grade DMC is critical for supplying the country’s robust lithium-ion battery industry, which includes world-leading manufacturers like LG Energy Solution and Samsung SDI.

Technological Initiatives:

• Focus on purity levels for advanced NMC and NCA battery chemistries

• Strong quality management systems for consistent product performance

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2️⃣ 9. Kowa Company, Ltd.

Headquarters: Tokyo, Japan
Key Offering: Specialty DMC, Pharmaceutical and Chemical Products

Kowa Company, though diversified, is a notable producer of high-quality chemical intermediates, including DMC. The company’s emphasis on precision and quality makes its products suitable for demanding applications like battery electrolytes where consistency is paramount.

Technological Initiatives:

• Application-specific product development

• Adherence to international quality and safety standards

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1️⃣ 10. Balaji Amines Ltd.

Headquarters: Hyderabad, India
Key Offering: DMC, Amines, Specialty Chemicals

Balaji Amines is a leading Indian chemical company that has expanded into the production of dimethyl carbonate. As India pushes for greater domestic electric vehicle and battery manufacturing, Balaji Amines is positioning itself as a key local supplier of critical electrolyte solvents.

Technological Initiatives:

• Backward integration for raw material security

• Investing in capacity to support India’s ‘Make in India’ initiative

Get Full Report Here: Battery Grade Dimethyl Carbonate (DMC) Market – View in Detailed Research Report

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🔋 Outlook: The Future of Battery Grade DMC Is High-Purity and Sustainable

The battery-grade DMC market is undergoing a fundamental transformation. While traditional production methods still dominate, the industry is investing heavily in purification technologies, sustainable production routes, and supply chain localization to support the global energy transition.

📈 Key Trends Shaping the Market:

• Exponential growth in lithium-ion battery production capacity, particularly for EVs

• Regulatory push for greener solvent alternatives and circular economy principles in battery manufacturing

• Advancements in battery chemistry requiring even higher purity specifications for DMC

• Strategic partnerships between DMC producers and battery cell manufacturers for co-development

Get Full Report Here: Battery Grade Dimethyl Carbonate (DMC) Market – View in Detailed Research Report

The companies listed above are not only supplying a critical battery component—they are enabling the electrification of transport and grid storage that is essential for a sustainable future.