Ethylene Carbonate Market – Industry Analysis and Forecast (2017-2026) _ by Application (Surface Coatings, Lubricants, Plasticizers, Lithium Battery Electrolytes and Others), End-use Industry (Automotive, Personal Care and Hygiene, Oil & Gas, Medical, Industrial and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)
Ethylene carbonate is mainly used in lithium batteries electrolyte solution as ethylene carbonate is a highly polar solvent and dissolves large amount of electrolyte. It can also be used as a release agent and detergent.
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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 %.
Report includes assessment of market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the application, end-use industry, and geography to assist in strategic business planning.
The lithium battery electrolytes segment is expected to witness significant market growth:
The growth of this segmented is attributed to the 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.
Asia Pacific is expected to hold the largest shares of the market during the forecast period:
The growth of this region is attributed to the high demand for lubricants from industrial, oil & gas and automotive industries is driving the growth of the ethylene carbonate market.
Scope of the Report:
Ethylene Carbonate Market, By Application: Surface Coatings, Lubricants, Plasticizers, Lithium Battery Electrolytes and Others
Ethylene Carbonate Market, By End-use Industry: Automotive, Personal Care and Hygiene, Oil & Gas, Medical, Industrial and Others
Ethylene Carbonate Market, By Geography: North America, Europe, Asia Pacific, Middle East, Africa and Latin America
Ethylene Carbonate marketplace is growing with the presence of major companies holding a large market share.
Some of them operating in the market are given underneath:
- 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
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