The India Diethyl Carbonate (DEC) Market was valued at US$ 56 million in 2024 and is projected to reach US$ 78 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2024–2030). This growth trajectory underscores DEC’s critical role as both a green solvent and essential electrolyte component in India’s burgeoning battery and pharmaceutical sectors.

With India positioning itself as a global hub for sustainable chemistry, DEC has emerged as a strategic chemical intermediate. This report profiles the Top 10 Companies in India’s Diethyl Carbonate Industry—market leaders driving innovation across lithium battery technologies, pharmaceuticals, and industrial applications.

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🔟 1. UPL Limited

Headquarters: Mumbai, Maharashtra
Key Offering: Battery-grade DEC (99.9% purity), Pharmaceutical solvents

UPL Limited dominates India’s DEC landscape with its vertically integrated production facilities. The company supplies high-purity DEC to major lithium-ion battery manufacturers and multinational pharma companies.

Market Leadership:

• Operates India’s largest DEC production facility (50,000 MT/year capacity)
• Strategic partnerships with EV battery manufacturers
• R&D focus on bio-based DEC production methods

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India Diethyl Carbonate (DEC) Market – View in Detailed Research Report

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9️⃣ 2. Aarti Industries Limited

Headquarters: Mumbai, Maharashtra
Key Offering: Industrial-grade DEC, Custom chemical solutions

Aarti Industries has captured 18% of India’s DEC market share through its diversified chemical portfolio. The company specializes in cost-effective DEC production for pesticide and polymer applications.

Market Leadership:

• Patented continuous production technology
• Backward integration into ethylene oxide production
• Exports to 15+ countries

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8️⃣ 3. Gujarat Alkalies and Chemicals Limited (GACL)

Headquarters: Vadodara, Gujarat
Key Offering: Battery electrolytes, Industrial solvents

This state-owned chemical giant operates India’s most advanced DEC purification facilities, catering to India’s growing renewable energy sector.

Market Leadership:

• Government-backed expansion projects
• Strategic location near major battery manufacturing hubs
• ISO 9001 certified production facilities

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India Diethyl Carbonate (DEC) Market – View in Detailed Research Report

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7️⃣ 4. Deepak Fertilisers and Petrochemicals Corporation

Headquarters: Pune, Maharashtra
Key Offering: Technical-grade DEC, Specialty chemical intermediates

Deepak Fertilisers leverages its petrochemical expertise to produce high-quality DEC for industrial applications, commanding 12% of domestic market share.

Market Leadership:

• Integrated production from base chemicals
• Strong distribution network across western India
• Technical collaboration with Japanese chemical firms

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6️⃣ 5. Reliance Industries Limited

Headquarters: Mumbai, Maharashtra
Key Offering: Petrochemical-derived DEC, EV battery materials

Reliance has entered the DEC market through its Jamnagar refinery complex, positioning DEC as part of its new energy materials portfolio.

Market Leadership:

• World-scale ethylene carbonate production
• Strategic focus on battery supply chain integration
• Plans for 100,000 MT/year DEC capacity by 2026

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5️⃣ 6. India Glycols Limited

Headquarters: Noida, Uttar Pradesh
Key Offering: Bio-based DEC, Green chemical solutions

The company pioneers sustainable DEC production using biomass-derived ethylene glycol, catering to eco-conscious global markets.

Market Leadership:

• Only Indian producer of bio-DEC
• US FDA-approved manufacturing facilities
• 40% production earmarked for exports

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India Diethyl Carbonate (DEC) Market – View in Detailed Research Report

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4️⃣ 7. Alkyl Amines Chemicals Limited

Headquarters: Mumbai, Maharashtra
Key Offering: Ultra-pure DEC (99.99%), Pharma-grade solvents

Specializing in high-purity chemicals, Alkyl Amines supplies DEC to regulated pharmaceutical and electronics industries.

Market Leadership:

• Zero defect manufacturing philosophy
• USP/EP grade DEC production
• Preferred supplier to top pharmaceutical companies

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3️⃣ 8. Atul Limited

Headquarters: Atul, Gujarat
Key Offering: Polymer-grade DEC, Custom formulations

Atul’s DEC products are integral to polycarbonate and polyurethane production, serving India’s growing plastics industry.

Market Leadership:

• Dedicated R&D center for application development
• Strategic alliances with European chemical firms
• Closed-loop production system minimizes waste

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2️⃣ 9. Thirumalai Chemicals Ltd

Headquarters: Chennai, Tamil Nadu
Key Offering: Bulk DEC, Chemical intermediates

This southern Indian chemical major operates one of India’s most cost-efficient DEC production facilities.

Market Leadership:

• Captive power generation reduces production costs
• Strong presence in agrochemical applications
• Expanding export footprint in ASEAN markets

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1️⃣ 10. Taminco (India) Pvt. Ltd. (Eastman Subsidiary)

Headquarters: Mumbai, Maharashtra
Key Offering: Specialty DEC formulations, Performance chemicals

The Indian arm of global specialty chemical leader Eastman brings cutting-edge DEC applications to the Indian market.

Market Leadership:

• Global technical know-how in niche applications
• Formulation expertise for challenging industrial uses
• Access to Eastman’s global distribution network

Get Full Report Here:
India Diethyl Carbonate (DEC) Market – View in Detailed Research Report

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🌍 Market Outlook: DEC as a Cornerstone of India’s Chemical Future

The Indian DEC market is undergoing transformative growth, driven by three parallel revolutions: electric mobility, pharmaceutical expansion, and green chemistry adoption.

📈 Key Growth Drivers:

• EV battery demand projected to grow at 32% CAGR through 2030
• Pharma sector’s shift toward green solvents creating new DEC applications
• Government PLI schemes boosting domestic specialty chemical production
• Increasing DEC usage in polycarbonate manufacturing

The profiled companies are positioned to capitalize on this growth through capacity expansions, technological innovations, and strategic partnerships. Their combined efforts are establishing India as both a major DEC consumer and global exporter.

Get Full Report Here:
India Diethyl Carbonate (DEC) Market – View in Detailed Research Report