Global Ethylene Carbonate Market is expected to reach USD 374.15 Million by 2024 from USD 245.57 Million in 2016 at a CAGR of 6.2 %.
Ethylene carbonate is used as an electrolytic solvent for lithium-ion batteries, as a plasticizer, as an intermediate in production of polycarbonate diols, as solvent for coatings, dyes, cross-linking agent for super-absorbent polymers. Lithium- ion batteries is mainly driving the ethylene carbonate. Shortage of raw materials and regulations over the use of ethylene carbonate are restraining the growth of ethylene carbonate market.
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Lithium battery electrolyte dominates the ethylene carbonate market. Need for high power and energy density which thereby increasing the demand for reliable and safe batteries for industries, such as automotive and consumer electronics goods. Factors such as increasing demand for electric vehicles (EVs), stringent government regulations on fuel economy, increasing demand for smart devices and other consumer electronics are also driving the growth of this segment.
Geographically, the ethylene carbonate market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is expected to grow at a high CAGR during the forecast period. High demand for lubricants from industrial, oil & gas and automotive industries is driving the growth of the ethylene carbonate market.
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Scope of the Report:
Ethylene Carbonate Market, By Application:
• Surface Coatings
• Lubricants
• Plasticizers
• Lithium Battery Electrolytes
• Others
Ethylene Carbonate Market, By End-use Industry:
• Automotive
• Personal Care and Hygiene
• Oil & Gas
• Medical
• Industrial
• Others
Ethylene Carbonate Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players analysed in the Report:
• BASF
• Oriental Union Chemical Corporation
• Mitsubishi Chemical
• Merck KgaA
• Thermo Fisher Scientific
• Huntsman
• Asahi Kasei
• Toagosei
• New Japan Chemical
• Shandong Shida Shenghua Chemical Group
• Zibo Donghai Industries
• Shandong Senjie Chemical
• Panax Etec
• Alchem Chemical Company
• Alfa Aesar
MAJOR TOC OF THE REPORT
Chapter One: Ethylene Carbonate Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Ethylene Carbonate Market Competition, by Players
Chapter Four: Global Ethylene Carbonate Market Size by Regions
Chapter Five: North America Ethylene Carbonate Revenue by Countries
Chapter Six: Europe Ethylene Carbonate Revenue by Countries
Chapter Seven: Asia-Pacific Ethylene Carbonate Revenue by Countries
Chapter Eight: South America Ethylene Carbonate Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Ethylene Carbonate by Countries
Chapter Ten: Global Ethylene Carbonate Market Segment by Type
Chapter Eleven: Global Ethylene Carbonate Market Segment by Application
Chapter Twelve: Global Ethylene Carbonate Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of Ethylene Carbonate Market Report at: https://www.maximizemarketresearch.com/market-report/global-ethylene-carbonate-market/6324/
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