Diethyl Carbonate (DEC) Market: Competitive Dynamics & Global Outlook 2023
Diethyl carbonate (DEC) is a carbonate ester with the formula CO (OCH2CH3)2. Diethyl carbonate is widely applied in the field of medicine, pesticides, battery, and others.
The diethyl carbonate (DEC) industry concentration is high; the manufacturers are distributed in Japan and China, due to the environmental and manufacturing cost factors. There are three manufacturers in Japan, they are UBE Group Kishida Kagaku and Kowa Company. In China, there are less than twenty manufacturers like Chaoyang chemical, Shandong Shida Shenghua, Tongling Jintai Chemical, Shandong flying, Carcol Chemical, Liaoyang Best Group and Lixing Chemical etc., the homogeneity of the products is serious, and the market competition is fierce.
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Global Diethyl Carbonate (DEC) Market: Forecast by Type / Application / Region
Globally, the diethyl carbonate products are mainly used in electrolyte, pharmaceuticals and pesticides, and synthetic fiber and resin fields etc. China is the largest producer and consumer, and Japan is also a very important producer and consumer in 2014. Europe and USA are the important consumption regions, and they two consume more than 34% of global diethyl carbonate products in 2014.
The diethyl carbonate industry is easily affected by the global economy and the environmental protection policy, the price will fluctuate in the future, due to the risk of global economic volatility.
Over the next five years, LPI(LP Information) projects that Diethyl Carbonate (DEC) will register a 2.4% CAGR in terms of revenue, reach US$ 170 million by 2023, from US$ 150 million in 2017.
Global Diethyl Carbonate (DEC) Market: Key Players
Shandong Shida Shenghua(CN)
Tongling Jintai Chemical(CN)
Liaoyang Best Group(CN)
Liaoning Huifu Chemical(CN)
Fushun Dongke Fine Chemical(CN)
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United States Diethyl Carbonate (DEC) Market Research Report 2018
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Global Diethyl Carbonate (DEC) Market Research Report 2018
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