Dimethyl Carbonate Companies

The global dimethyl carbonate market is projected to grow from USD 1.96 billion in 2025 to USD 3.00 billion by 2030, at a CAGR of 9.0% during the forecast period. The primary driver of this growth is the role of dimethyl carbonate (DMC) as an essential precursor in the production of polycarbonate. This thermoplastic is highly versatile and is extensively utilized across multiple industries, including automotive, electronics, construction, and packaging.

Dimethyl Carbonate Companies

Companies such as UBE Corporation (Japan), Shandong Hualu Hengsheng Group Co. (China), Lotte Chemical Corporation (South Korea), Shinghwa Advanced Material Group Co., Ltd. (China), and Hi-Tech Spring. (China) fall into the winners’ category. These are leading players in the global vacuum evaporators market. These companies have adopted strategies like product launches, partnerships, and expansions to grow their market shares.

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UBE Corporation (Japan)

UBE Corporation comprises 140 companies involved in a wide variety of business activities. The main segments of Ube Corporation include Specialty Products, Polymers & Chemicals, Machinery, and Others. The company operates manufacturing plants in Ube City, Ichihara City, and Sakai City in Japan. Internationally, it has established manufacturing facilities in Spain and Thailand. The company uses dimethyl carbonate as a solvent in coatings, adhesives, and resins. It is also used as an electrolyte in lithium-ion batteries and as a raw material in organic synthesis reactions. UBE is the only manufacturer of dimethyl carbonate in Japan.

Shandong Hualu Hengsheng Group Co. (China)

Shandong Hualu Hengsheng Group Co., Ltd. is a leading state-owned enterprise in China’s chemical sector, with extensive expertise in basic chemicals, fine chemicals, new chemical materials, and new energy materials. As the main chemical company under Hualu Group, the firm combines large-scale industrial production with technological innovation, making it a key player in the development of coal-based fine chemicals in China. The group oversees five subsidiaries and offers a broad product range of more than 40 chemical items.

Within its basic and fine chemical lines, Hualu Hengsheng is a major producer of important intermediates such as trimethylamine, dimethylformamide (DMF), and Dimethyl Carbonate (DMC). The company stands among China’s few firms capable of producing industrial-grade DMC at a large scale, thanks to its advanced synthesis methods and proprietary catalytic technologies. Its DMC is known for high purity, consistency, and adherence to environmental standards, establishing it as a dependable raw material in the lithium-ion battery and green chemical markets.

Lotte Chemical Corporation (South Korea)

LOTTE Chemical Corporation is a leading chemical company in South Korea. It has production facilities in major petrochemical complexes such as Yeosu, Daesan, and Ulsan. Its diverse product portfolio includes synthetic resins, chemical products, and megatrend materials widely used in daily items, agriculture, industry, medical products, automobiles, and innovative new materials. LOTTE operates through two divisions: Basic Chemicals and Advanced Materials. Dimethyl carbonate is produced at the Yeosu plant and is distilled under high pressure, where ethylene carbonate and methanol react under a catalyst.

Shinghwa Advanced Material Group Co., Ltd. (China)

Shinghwa Advanced Material Group Co., Ltd. (formerly Shandong Shida Shenghua Chemical Group Co., Ltd.) is a leading Chinese company specializing in new energy chemicals and advanced material solutions. Since its founding, Shinghwa has built a strong industrial ecosystem focused on carbonate-based solvents like dimethyl carbonate (DMC), with three main business segments: Lithium Battery Solvents, Electrolytes, and High-End Fine Chemicals. The company holds over 40% of the global market share in high-end carbonate solvents and supplies many top electrolyte manufacturers and battery producers worldwide. Its advanced manufacturing facilities in Dongying, Wuhan, and other strategic regions align with China’s major lithium battery production hubs. The company continues to lead in technology with over 150 patents, serving over 1,500 international clients across more than 100 countries. Its robust R&D capabilities, culture of innovation, and long-term strategic partnerships position it as a trusted global supplier in the rapidly expanding energy storage, electronics, and sustainable materials markets.

Hi-Tech Spring (China)

Hi-Tech Spring is a leading Chinese company specializing in producing and marketing products. Backed by advanced production facilities, experienced R&D teams, and state-of-the-art laboratory infrastructure, Hi-Tech Spring is dedicated to delivering high-quality and reliable products. The company manufactures dimethyl carbonate, propylene glycol, isopropyl alcohol, propylene carbonate, and diisopropyl ether. These products are used in various fields such as new energy vehicles, pharmaceuticals, consumer products, chemicals, food flavors and spices, and unsaturated polyester resin. The company holds three patents that enable it to produce the highest quality products for its customers.

Related Reports:

Dimethyl Carbonate Market by Application (Polycarbonate Synthesis, Battery Electrolyte, Solvents, Reagents), End-use Industry (Plastics, Paints & Coatings, Pharmaceutical), Grade (Industry, Pharmaceutical, Battery), and Region – Global Forecast to 2030