Diethyl Carbonate Market Size, Share & Industry Analysis, By Type ( Industry Grade, Battery Grade, Others ), By Application ( Pharmaceuticals, Electronics, General Manufacturing, Textile, Chemical, Others ) and regional Forecast, 2024-2032

Diethyl carbonate abbreviated as DEC is an ester of carbonic acid and ethyl alcohol with chemical formula OC(OCH₂CH₃)_2. Diethyl carbonate is a clear colorless, flashy liquid at room temperature. It is generally prepared by reacting phosgene with ethanol which yields hydrochloric acid as a byproduct. It is used as solvent, precursor, textile auxiliary agent, paint remover and other applications

The increasing demand from pharmaceutical sector to use of solvents in drug delivery system shall drive the market growth. For instance, in the erythromycin intramuscular injections, diethyl carbonate is used as solvent for drug delivery. Additionally, it is also used as component in electrolytes in lithium batteries. The recent development in additives has proposed the use of diethyl ether as fuel additive to aid cleaner diesel combustion which shall serve as an opportunity for market growth.

However, the prices of majorly used raw materials like phosgene is volatile. This volatility in prices results in fluctuations in production cost of the diethyl carbonate which shall act as a growth limiting factor for market.

Market Segmentation:

Based on type, the market is segmented into industry grade, battery grade and other. Based on application, the market is segmented into pharmaceuticals, electronics, general manufacturing, textile, chemical, and others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global diethyl carbonate market consists of global & regional players operating. Some of the key players in the market include UBE Group, Kowa Company, Shandong Shida Shenghua, Carcol Chemical, Lixing Chemical, Chongqing Changfeng, Liaoning Huifu Chemical, Sigma Aldrich, and others.

Key Insights

• New Advancements in Production Technologies


• Key Trends in the Diethyl Carbonate Market


• New Product Launches, Expansions, Key Players


• Ranking of Key Players in the Market

Regional Analysis:

The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific holds the largest share in the market. The largest manufacturing base present in China shall positively affect the regional market. Additionally, China is the largest producer and consumer of diethyl carbonate followed by Japan. North America is estimated to show significant growth attributed to increasing demand from pharmaceutical sector. Europe is estimated to show considerable growth due to rise in the demand from textile and chemical sector. Latin America and Middle East & Africa is expected to show sluggish growth by the end of the forecast period.

Segmentation

Diethyl Carbonate Industry Developments

• Sigma Aldrich is a chemical manufacturing and supplying company that provides diethyl carbonate in liquid and solid anhydrous form with different purity grades.