How big is the diethyl carbonate market | Insights & Growth 2025

Code: MTA6055 Publication Date: Jul 2025

What is the diethyl carbonate Market Size?

According to 6Wresearch internal database and industry insights, the diethyl carbonate market was valued at USD 0.82 billion in 2024 and is anticipated to exceed USD 1.6 billion by 2031, registering a steady at CAGR of 9.8% during the forecast period.

This growth is being fueled by rising demand for high-performance solvents and electrolytes in lithium-ion batteries, expanding usage in pharmaceuticals and specialty chemicals, and increasing regulatory preference for environmentally friendly chemical alternatives. As industries transition to sustainable and efficient raw materials, diethyl carbonate is gaining prominence for its low toxicity and high solvency properties.

Major Growth Factors of the Diethyl Carbonate Market

  • Growing adoption of lithium-ion batteries in electric vehicles
  • Increasing demand for eco-friendly solvents
  • Expanding pharmaceutical and personal care industries
  • Rising investments in chemical R&D
  • Shift toward non-aqueous electrolytes in electronics
  • Favorable government regulations on low-toxicity chemicals
  • Growing demand for high-purity carbonates
  • Technological advancements in chemical synthesis

Diethyl Carbonate Market Trends

The diethyl carbonate market is witnessing significant growth due to its increasing usage in battery electrolytes and green solvent applications. The push for sustainable chemical solutions across automotive, electronics, and pharmaceutical industries is encouraging the replacement of traditional, hazardous solvents with diethyl carbonate. Moreover, manufacturers are focusing on improving the purity and cost-efficiency of diethyl carbonate through innovative production processes.

Emerging Developments in the Diethyl Carbonate Market

Diethyl carbonate market emerging with robust investments in manufacturing facilities to cater to the growing EV battery sector. New formulations are being introduced to enhance compatibility with other battery components. Additionally, R&D initiatives are underway to expand its application in environmentally friendly coatings and specialty formulations.

Major Companies in the Diethyl Carbonate Market

  • Merck KGaA
  • Tokyo Chemical Industry Co., Ltd.
  • BASF SE
  • Shandong Shida Shenghua Chemical Group
  • Alfa Aesar
  • Thermo Fisher Scientific
  • Kowa Company Ltd.
  • Sigma-Aldrich Corporation

How big is the diethyl carbonate market : FAQs

The diethyl carbonate market was expected to be valued at USD 0.82 billion in 2025 and is projected to reach around USD 1.6 billion by 2031.
The diethyl carbonate market is anticipated to grow at a CAGR of 9.8% during the forecast period.
Key trends include rising use in battery electrolytes, focus on green chemistry, and increasing application in pharmaceuticals and coatings.
The diethyl carbonate market is driven by demand for sustainable solvents, electric vehicle battery growth, and expanding industrial applications requiring high-purity carbonates.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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