The global demand for Ethylene Carbonate Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Ethylene Carbonate, with the molecular formula C4H4O3, is a highly polar solvent with low toxicity. Also known as carbonic acid ethylene, ethylene carbonate features a high boiling point, high solubility for polymers, and no odors. This organic compound is transparent crystalline solid at room temperature and colorless and odorless in a liquid state. The most extensive application of EC is an integral component of electrolytes in lithium batteries and lithium-ion batteries.
Ethylene Carbonate Market size is anticipated to sustain continual growth in the future owing to its extensive application in lithium-ion batteries, lubricants, and plasticizers. The bolstering demand for lubricants and lithium-ion batteries in both electromotive and electronic industries may dominantly drive the global ethylene carbonate market. The stringent government emission policies are likely to increase the global demands for electric vehicles. The increased demands for the electromotive create favorable revenue prospects. With several economies under lockdown state because of the ongoing global crisis, the ethylene carbonate market is foreseen to experience slow-down. Another challenge for the EC market is the overheating of lithium-ion batteries. On the other hand, the manufacturers of lithium-ion batteries are anticipated to establish persistent R&D processes to prevent overheating issues.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of ethylene carbonate.
The entire ethylene carbonate market has been sub-categorized into application and end-use industry. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End-Use Industry
- Lithium Battery Electrolytes
- Surface Coatings
- Capacitor Electrolytes
- Resist Strip Solvents
- Fiber Processing Agents
- Soil Hardening Agents
- Organic Solvents
- Oil & Gas
- Personal Care & Hygiene
This section covers regional segmentation which accentuates on current and future demand for ethylene carbonate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Ethylene Carbonate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ethylene carbonate market include Linde Oriental Union Chemical Corporation, Huntsman, BASF, Mitsubishi Chemical, Toagosei Co., Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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