Diethyl Carbonate Market to Grow with a CAGR of 3.32% through 2030
Surge in research and development activities is
expected to drive the Global Diethyl Carbonate Market growth in the forecast
period, 2026-2030.
According to TechSci Research report, “Diethyl
Carbonate Market - Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2030F”, the Global Diethyl Carbonate Market
stood at USD 595.18 Million in 2024 and is anticipated to grow with a CAGR of 3.32%
through 2030. Initiatives taken by government based on diethyl carbonate has
led to favorable market conditions for the Global Diethyl Carbonate Market.
Several factors contribute to the growth of various diethyl carbonate (DEC) products.
One of the most significant areas of innovation is the
use of diethyl carbonate in lithium-ion battery technology. R&D initiatives
aimed at enhancing battery performance, safety, and energy density have
identified DEC as a valuable electrolyte solvent due to its high
electrochemical stability and low viscosity. As electric vehicle (EV) adoption
and energy storage demands accelerate globally, research-driven improvements in
battery chemistry are expected to drive sustained demand for high-purity
diethyl carbonate.
One of the most significant government-led efforts influencing the DEC market is the global push toward electric mobility. Countries such as China, the United States, Germany, and Japan are introducing ambitious targets for electric vehicle (EV) adoption, backed by subsidies, tax incentives, and infrastructure investments. As lithium-ion batteries are central to EV technology, and diethyl carbonate is a key electrolyte solvent in these batteries, these policies are generating substantial demand for high-purity DEC.
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The Global Diethyl Carbonate Market is segmented into sales
channel, end use, regional distribution, and company.
Based on Sales Channel, Indirect have
emerged as the dominating segment in the Global Diethyl Carbonate Market in 2024.
One of the key advantages of the indirect sales model is its ability to serve
small to mid-sized end-users who require flexible order volumes, localized
support, and timely deliveries. Distributors often maintain regional
inventories and offer value-added services—such as technical assistance,
compliance documentation, and after-sales support—that are particularly
important for customers in industries like paints and coatings,
pharmaceuticals, and specialty chemicals.
Based on Region, North America have emerged as the fastest
growing region in the Global Diethyl Carbonate Market in 2024. One of the most
significant factors behind North America’s growth in the diethyl carbonate
market is its expanding electric vehicle (EV) and energy storage sectors.
Diethyl carbonate is a key solvent in lithium-ion battery electrolytes. With
the U.S. government’s push toward EV adoption and the construction of domestic
gigafactories, the demand for DEC as a battery-grade chemical has surged. The
Inflation Reduction Act and other federal incentives have further accelerated
this trend. North America, particularly the United States, is witnessing a
revival in domestic pharmaceutical and fine chemical production to reduce
dependence on overseas suppliers. Diethyl carbonate is increasingly used as an intermediate
in drug synthesis and specialty chemical formulations.
Major companies operating in Global Diethyl Carbonate
Market are:
- Shida Shenghua Chemical Group Co.,ltd
- Dongying Haike Xinyuan Chemical Co., Ltd.
- Shandong Haike Chemical Group Co. LTD
- Liaoning Ganglong Chemical Co., Ltd.
- Fushun Dongke Fine Chemical Co., Ltd.
- Shandong Feiyang Technology Group Co., Ltd.
- Tongling Jintai Chemical Industrial Co., Ltd.
- Liaoyang Best Chemical Co., Ltd.
- Shaanxi Beiyuan Chemical Industry Group Co., Ltd
- Chongqing ChangFeng Chemical Co.,Ltd.
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“With the advancement of nanomaterials used in
electrodes and separators, there is a heightened requirement for electrolytes
that ensure improved ion transport, thermal stability, and electrochemical
performance attributes directly enhanced by high-quality DEC formulations.
Nanotechnology enables the development of more efficient and durable batteries,
thereby indirectly expanding the application scope and quality requirements for
diethyl carbonate. Moreover, ongoing research into nano-engineered electrolyte
systems is fostering the development of next-generation batteries, such as
solid-state and lithium-metal batteries, where DEC, combined with
nanostructured additives, is being explored to enhance conductivity and safety”,
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“Diethyl Carbonate Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Sales Channel (Direct, Indirect), By End Use (Lithium Battery Electrolytes, Resin Production, Pharmaceutical, Others), By Region and Competition, 2020-2030F”, has evaluated
the future growth potential of Global Diethyl Carbonate Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Diethyl Carbonate Market.
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