The global Diethyl Carbonate (DEC) market was valued at USD 145.2 Million in 2023 and is projected to reach USD 245.8 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period (2023–2030). This expansion is fueled by the surging demand for advanced electrolytes in lithium-ion batteries, increasing applications in pharmaceuticals and pesticides, and the shift toward eco-friendly solvents in synthetic fibers and resins production.

The USA market for the Global Diethyl Carbonate (DEC) market is estimated to increase from USD 32.5 Million in 2023 to reach USD 58.4 Million by 2030, at a CAGR of 8.7% during the forecast period of 2023 through 2030.

The China market for the Global Diethyl Carbonate (DEC) market is estimated to increase from USD 52.1 Million in 2023 to reach USD 102.3 Million by 2030, at a CAGR of 10.1% during the forecast period of 2023 through 2030.

The Europe market for the Global Diethyl Carbonate (DEC) market is estimated to increase from USD 28.7 Million in 2023 to reach USD 46.9 Million by 2030, at a CAGR of 7.2% during the forecast period of 2023 through 2030.

As the chemical industry pivots toward sustainable and high-performance materials, the focus sharpens on diethyl carbonate (DEC), a versatile compound prized for its low toxicity, biodegradability, and role in green chemistry. From powering next-generation batteries to enabling cleaner pharmaceutical synthesis, DEC is at the heart of innovation. In this blog, we profile the Top 10 Companies in the Diethyl Carbonate (DEC) Market—a blend of established chemical giants, specialized manufacturers, and emerging players advancing production efficiency and eco-conscious applications.

This report studies the Diethyl Carbonate (DEC) market, covering market size for segment by type (Battery Grade, Pharmaceutical Grade, etc.), by application (Electrolytes, Pharmaceuticals and Pesticides, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Ube Industries, Shandong Shida Shenghua, Shandong Flying, Liaoyang Best Group, Lixing Chemical, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

This report provides detailed historical analysis of global market for Diethyl Carbonate (DEC) from 2017-2022, and provides extensive market forecasts from 2023-2031 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Diethyl Carbonate (DEC) market.

The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.

---

🔟 1. Ube Industries, Ltd.

Headquarters: Tokyo, Japan
Key Offering: Battery Grade DEC, Pharmaceutical Grade DEC

Ube Industries stands as a global leader in fine chemicals, with its DEC production supporting critical applications in lithium-ion battery electrolytes and pharmaceutical intermediates. The company’s advanced synthesis processes ensure high-purity DEC, meeting stringent standards for electric vehicle (EV) manufacturers and drug developers worldwide. Because of its commitment to quality, Ube supplies DEC to major battery producers in Asia and Europe, helping to enhance energy density and safety in next-gen power storage systems.

Furthermore, Ube’s DEC is integral to solvent formulations that replace hazardous alternatives, promoting safer industrial practices. Their research into carbonylation methods for DEC production minimizes energy use and waste, aligning with circular economy principles. As EV adoption accelerates, Ube’s capacity expansions position it to capture growing demand in the battery sector.

Sustainability Initiatives:

• Development of low-carbon production routes using renewable feedstocks

• Partnerships with battery firms to reduce electrolyte volatility

• Net-zero emissions goal by 2050 across chemical operations

Download FREE Sample Report: Diethyl Carbonate (DEC) Market – View in Detailed Research Report

---

9️⃣ 2. Shandong Shida Shenghua Chemical Co., Ltd.

Headquarters: Dongying, Shandong, China
Key Offering: Industrial Grade DEC, Electrolyte Solvents

Shandong Shida Shenghua has emerged as a powerhouse in China’s DEC market, specializing in large-scale production for electrolyte applications in lithium batteries. Operating state-of-the-art facilities, the company produces DEC that meets international purity levels, serving domestic giants in the EV supply chain. However, what sets them apart is their vertical integration, from raw material sourcing to final packaging, which ensures cost-effectiveness and reliable supply amid fluctuating global demands.

The firm’s DEC finds extensive use in enhancing battery performance, particularly in high-voltage systems. As China’s push for electric mobility intensifies, Shida Shenghua’s output has scaled significantly, contributing to the nation’s dominance in battery manufacturing. Their focus on process optimization has also reduced production costs by up to 15% in recent years, making DEC more accessible for emerging applications.

Sustainability Initiatives:

• Implementation of waste heat recovery in DEC synthesis

• Collaboration with local governments on green chemical parks

• Efforts to phase out fossil-based inputs with bio-derived alternatives

---

8️⃣ 3. Shandong Flying Chemical Co., Ltd.

Headquarters: Linyi, Shandong, China
Key Offering: Battery Grade DEC, Pharmaceutical Intermediates

Shandong Flying Chemical excels in delivering high-quality DEC tailored for battery and pharmaceutical uses, with a strong emphasis on export markets. Their production leverages efficient transesterification processes, yielding DEC that supports electrolyte formulations for consumer electronics and EVs. Because of rigorous quality controls, the company has built long-term relationships with international clients, including those in Europe and North America.

In the pharmaceutical arena, their DEC serves as a key reagent in solvent replacement strategies, offering a greener alternative to traditional carbonates. Flying Chemical’s expansion into new purification technologies ensures compliance with REACH regulations, broadening their appeal in regulated markets. As the demand for safe, non-toxic solvents rises, their innovative approaches continue to drive growth.

Sustainability Initiatives:

• Investment in solar-powered manufacturing facilities

• R&D for biodegradable DEC derivatives

• Supply chain audits to minimize environmental impact

---

7️⃣ 4. Liaoyang Best Group Co., Ltd.

Headquarters: Liaoyang, Liaoning, China
Key Offering: Industrial Grade DEC, Synthetic Resins Additives

Liaoyang Best Group is a key player in the DEC landscape, focusing on industrial applications like synthetic fibers and resins. Their robust production capabilities allow them to supply large volumes of DEC as a plasticizer and reaction medium, supporting industries from textiles to coatings. The group’s strategic location near petrochemical hubs facilitates efficient logistics, ensuring timely delivery to customers across Asia.

Moreover, Best Group’s DEC is valued for its role in polycarbonate production, where it acts as a safer dimethyl carbonate substitute. With the global shift toward sustainable polymers, their product line has adapted to include grades optimized for bio-based resins. This adaptability has helped them maintain a competitive edge in a market increasingly prioritizing environmental compliance.

Sustainability Initiatives:

• Adoption of closed-loop water systems in production

• Partnerships for carbon capture in chemical synthesis

• Certification under ISO 14001 for environmental management

Download FREE Sample Report: Diethyl Carbonate (DEC) Market – View in Detailed Research Report

---

6️⃣ 5. Lixing Chemical Co., Ltd.

Headquarters: Zibo, Shandong, China
Key Offering: Electrolyte DEC, Pesticide Solvents

Lixing Chemical has carved a niche in providing DEC for agrochemical and battery sectors, with production emphasizing high yield and purity. Their facilities incorporate advanced distillation techniques to produce DEC suitable for pesticide formulations, where it serves as an effective, low-volatility carrier. As agricultural demands evolve toward sustainable inputs, Lixing’s offerings help farmers reduce environmental footprints without compromising efficacy.

In the battery space, their DEC enhances ionic conductivity in electrolytes, supporting longer-lasting EV batteries. The company’s dedication to R&D has led to customized blends that meet specific client needs, fostering loyalty among major manufacturers. Despite market volatilities, Lixing’s steady growth reflects the reliability of their supply chain.

Sustainability Initiatives:

• Development of low-emission synthesis pathways

• Community programs for chemical waste reduction

• Targets for 30% renewable energy use by 2025

---

5️⃣ 6. Chongqing Changfeng Chemical Co., Ltd.

Headquarters: Chongqing, China
Key Offering: Pharmaceutical Grade DEC, Industry Grade

Chongqing Changfeng Chemical is renowned for its pharmaceutical-grade DEC, used in drug synthesis and as a green solvent in reactions. Their expertise in purification ensures compliance with GMP standards, making their product a preferred choice for API manufacturers. Changfeng’s expansion into downstream applications has diversified their portfolio, including DEC for cosmetic formulations.

However, the company’s strength lies in its innovative use of DEC in asymmetric synthesis, accelerating pharmaceutical development timelines. As global health needs grow, Changfeng’s reliable supply supports the production of essential medications. Their focus on scalability allows them to respond swiftly to demand surges from biotech firms.

Sustainability Initiatives:

• Green chemistry certifications for all DEC grades

• Collaborations with universities on solvent recycling

• Reduction of hazardous byproducts through process improvements

Download FREE Sample Report: Diethyl Carbonate (DEC) Market – View in Detailed Research Report

---

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

Headquarters: Fushun, Liaoning, China
Key Offering: Battery Electrolytes, Synthetic Fibers DEC

Fushun Dongke Fine Chemical specializes in fine chemicals, with DEC as a cornerstone for battery and fiber applications. Their high-purity DEC is engineered for lithium-salt compatibility, improving battery cycle life. Dongke’s production scale supports the booming EV market in Asia-Pacific, where they supply to assembly lines and R&D centers alike.

Additionally, in synthetic fibers, DEC acts as a swelling agent, enhancing fiber properties for apparel and industrial uses. Dongke’s commitment to consistent quality has earned them certifications from international bodies, boosting exports. As sustainability gains traction, their eco-profile for DEC production attracts forward-thinking clients.

Sustainability Initiatives:

• Energy-efficient reactors reducing CO2 emissions

• Bio-based DEC pilot projects

• Supply chain transparency for ethical sourcing

---

3️⃣ 8. Liaoyang Dongchang Chemical Limited

Headquarters: Liaoyang, Liaoning, China
Key Offering: Industrial DEC, Pharmaceuticals

Liaoyang Dongchang Chemical Limited delivers versatile DEC for industrial and pharma sectors, with a focus on cost-effective production. Their DEC supports resin manufacturing, providing a non-toxic alternative in polymer processing. Dongchang’s facilities incorporate automation for precise control, ensuring batch-to-batch uniformity essential for sensitive applications.

In pharmaceuticals, their product facilitates esterification reactions, streamlining synthesis of active ingredients. The company’s growth in export volumes underscores its adaptability to global standards. Furthermore, by integrating feedback from end-users, Dongchang continually refines its offerings to meet evolving market needs.

Sustainability Initiatives:

• Water recycling programs in chemical plants

• R&D into catalyst-free DEC production

• Alignment with UN Sustainable Development Goals

---

2️⃣ 9. Jiangsu U-prefer Biochemical Technology Co., Ltd.

Headquarters: Nanjing, Jiangsu, China
Key Offering: Battery Grade DEC, Pesticides

Jiangsu U-prefer Biochemical Technology leads in biochemical-derived DEC, targeting battery and agrochemical markets. Their biotechnology-enhanced processes yield purer DEC, ideal for high-performance electrolytes that boost EV range. U-prefer’s innovation in enzymatic synthesis sets them apart, offering a greener path to commercialization.

For pesticides, DEC serves as a biodegradable carrier, reducing environmental persistence of active agents. The company’s strategic partnerships with agrotech firms accelerate adoption. As the world addresses climate challenges, U-prefer’s sustainable approach positions it for long-term success in the DEC arena.

Sustainability Initiatives:

• Biotech methods minimizing chemical waste

• Carbon-neutral facility goals by 2030

• Eco-labeling for all products

---

1️⃣ 10. GuangDong JinGuang High-Tech Co., Ltd.

Headquarters: Dongguan, Guangdong, China
Key Offering: Electrolytes DEC, Resins and Fibers

GuangDong JinGuang High-Tech tops the list with its comprehensive DEC portfolio, excelling in electrolytes for advanced batteries. Their high-tech facilities produce DEC that enhances thermal stability, crucial for fast-charging applications. JinGuang’s global reach supplies DEC to electronics and automotive sectors, driving innovation in portable power.

Beyond batteries, their DEC is used in resin curing, improving material durability for construction. The company’s emphasis on R&D has led to patented purification techniques, elevating industry standards. With a focus on customer-centric solutions, JinGuang continues to lead the charge in sustainable chemical advancements.

Sustainability Initiatives:

• Renewable energy integration in operations

• Closed-loop recycling of production byproducts

• Global alliances for green chemistry standards

Read Full Report: Diethyl Carbonate (DEC) Market – View in Detailed Research Report

---

Leading players of Diethyl Carbonate (DEC) including:

• Ube Industries
• Shandong Shida Shenghua
• Shandong Flying
• Liaoyang Best Group
• Lixing Chemical
• Chongqing Changfeng
• Fushun Dongke Fine Chemical
• Liaoyang Dongchang Chemical Limited
• Jiangsu U-prefer Biochemical Technology
• GuangDong JinGuang High-Tech
• Yingkou Hengyang New Energy Chemical
• Shandong Haike Chemical

Market split by Type, can be divided into:

• Battery Grade
• Pharmaceutical Grade
• Industry Grade

Market split by Application, can be divided into:

• Electrolytes
• Pharmaceuticals and Pesticides
• Synthetic Fibres and Resins
• Others

Market split by Sales Channel, can be divided into:

• Direct Channel
• Distribution Channel

Market segment by Region/Country including:

• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

If you have any special requirements, please let us know and we can provide you the customized report as you want.

🌍 Outlook: The Future of Diethyl Carbonate (DEC) Is Greener and More Versatile

The Diethyl Carbonate (DEC) market is experiencing transformative growth. While battery applications currently hold the largest share, the compound’s versatility is opening doors in pharmaceuticals, agrochemicals, and sustainable materials. Investments in production capacity and green synthesis are reshaping the landscape, with Asia-Pacific leading due to its manufacturing prowess.

Because DEC’s low toxicity and high solvency make it ideal for replacing volatile organic compounds (VOCs), regulatory pressures in Europe and North America will further accelerate adoption. However, challenges like raw material price fluctuations persist, prompting companies to innovate in supply chain resilience. Overall, the market’s trajectory points to expanded use in emerging sectors like biomedical engineering and eco-polymers.

📈 Key Trends Shaping the Market:

• Rapid expansion in battery-grade DEC capacity driven by EV boom in China and the US

• Regulatory incentives for green solvents, including EU’s REACH updates and US EPA guidelines

• Digital tools for optimizing DEC synthesis and supply chain efficiency

• Strategic alliances between chemical producers and battery/pharma giants for co-development

Read Full Report: Diethyl Carbonate (DEC) Market – View in Detailed Research Report

The companies listed above are not only supplying essential DEC—they’re pioneering sustainable chemical innovation for a cleaner future.

In wrapping up, the Diethyl Carbonate market’s evolution reflects broader industry shifts toward sustainability. Battery grade DEC, which accounted for over 50% of the market in 2023, is projected to grow fastest, supported by the global push for electrification. Pharmaceutical applications, meanwhile, benefit from DEC’s biocompatibility, enabling safer drug delivery systems. Industrial uses in fibers and resins continue to provide steady demand, as manufacturers seek to reduce their carbon footprints.

Regionally, China’s dominance is unchallenged, with its vast production infrastructure and policy support for new energy vehicles. Yet, Europe’s emphasis on circular economy principles is fostering local DEC innovations, while North America’s tech-driven ecosystem attracts investments in high-purity grades. South America and the Middle East & Africa represent untapped potential, particularly in agrochemicals and basic materials.

Sales channels are diversifying, with direct channels gaining traction for customized supplies to large clients, while distribution networks expand access for smaller users. Gross margins have stabilized around 20-25% for leading players, buoyed by economies of scale. Looking ahead to 2031, forecasts indicate robust growth, with subsectors like electrolytes leading at CAGRs above 9%.

Historical data from 2017-2022 shows steady compounding, driven by early EV adoption and pharma R&D. Future perspectives hinge on technological breakthroughs, such as bio-routes to DEC, which could slash production emissions by 40%. Stakeholders should monitor geopolitical factors affecting feedstocks like ethylene oxide, but the outlook remains positive for those investing in innovation.

These top companies exemplify resilience and foresight, turning DEC into a cornerstone of green chemistry. Their efforts not only meet current demands but also pave the way for applications in carbon capture and renewable energy storage. As the market matures, collaboration across the value chain will be key to unlocking DEC’s full potential.