A recent report published by Infinium Global Research on ethylene carbonate market provides in-depth analysis of segments and sub-segments in the global as well as regional ethylene carbonate market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional ethylene carbonate market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global ethylene carbonate market. According to the report, the global ethylene carbonate market is projected to grow at a CAGR of 6.4% over the forecast period of 2019-2025.

Market Insight

Ethylene carbonate is a polar solvent with a high boiling point, low toxicity, no odor, and high solubility for polymers. Ethylene carbonate with PVA is used during plastic manufacturing. The growing demand for plasticizers propels the ethylene carbonate market growth. Companies are focusing on research and development to promote innovations that maximize their market share in the global ethylene carbonate market.

The growing automotive industry in developing countries drives the growth of the ethylene carbonate market. The surge in demand for ethylene carbonate in lithium-ion electrolytes and lubricant applications stimulates the growth of the ethylene carbonate market. The strict government policies about fuel economy fuel demand for lithium-ion batteries contributing to the growth of the ethylene carbonate market. The rising urbanization and enhancement in the standard of living promote the growth of the ethylene carbonate market. The increasing demand for electric vehicles boosts the adoption of lithium-ion batteries due to its lightweight and less charging time. The rising use of lithium-ion batteries in electronic gadgets propels the growth of the ethylene carbonate market. On the other side, volatile raw material prices hinder the growth of the ethylene carbonate market. Moreover, research and development and the adoption of new technologies in lithium-ion batteries create numerous opportunities for the growth of the ethylene carbonate market.

Based on geography, the global ethylene carbonate market is classified into North America, Asia-Pacific, Europe, and the Rest of the World. Asia-Pacific region is anticipated to hold a premium share in the global ethylene carbonate market. The rising use of ethylene carbonate in end-use industries in developing countries such as China, India drives the growth of the ethylene carbonate market in Asia-Pacific. Europe is expected to grow in the global ethylene carbonate market with a significant CAGR over the forecast period. North America is showing in the global ethylene carbonate market.  

Segment Covered

The report on global ethylene carbonate market covers segments such as application. On the basis of application, the sub-markets include gas washing, lubricants, oil field, synthesis of polycarbonate diol, lithium-ion batteries, photochromic, and other applications.

Companies Profiled:

The report provides profiles of the companies in the market such as BASF SE, Huntsman Corporation, Asahi Kasei Corporation, Mitsubishi Chemical Corporation, Oriental Union Chemical Corporation, New Japan Chemical Co., Ltd., Zibo Donghai Industries Co., Ltd., Toagosei Co., Ltd., Shandong Shida Shenghua Chemical Group Co., Ltd., Shandong Senjie Chemical Co., Ltd., and Other companies.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the ethylene carbonate market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.