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Ethylene Carbonate Market Growth, Trends, Opportunities and Forecast to 2030 - BASF SE, Huntsman International

05-27-2020 03:49 PM CET | Health & Medicine

Press release from: Market Industry Reports

Ethylene carbonate is an organic compound that is categorized as ethylene glycol, carbonate ester, and carbonic acid. When kept at room temperature, the compound is crystalline transparent solid, colorless and odorless, and partially soluble in water. In liquid state, the compound is simply a colorless and odorless liquid. Since it contains larger amount of electrolyte, it majorly has applications in lithium batteries. It can also easily dissolve polymers that can be used as a release detergent and agent. Besides use in lithium batteries, ethylene carbonate is used in organic solvents, resist strip solvents, lubricants, raw material for organic synthesis, surface coatings, soil hardening agents, capacitor electrolytes, fiber processing agents, and various medical products. The unique and excellent characteristics of ethylene carbonate are organic highly aprotic solvent. The compound is also widely used as a plasticizer and as a predecessor to vinylene carbonate, used in organic synthesis and polymers.

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Some of the prominent players in the global ethylene carbonate market are:
BASF SE, Huntsman International LLC, Mitsubishi Chemical Corporation, Oriental Union Chemical Corporation, TOAGOSEI CO., LTD., Asahi Kasei Corporation, New Japan Chemical Co., Ltd., ZIBO DONGHAI INDUSTRIES CO., LTD., Empower Materials, and Vizag Chemicals, among others.

The significant market growth can be attributed to the high demand for ethylene carbonate across various industries. The growing demand for lithium batteries stands to be one of the major market drivers. Owing to favorable government regulations, there is a rising demand for electric vehicles globally, which is further expected to boost the demand for ethylene carbonate, a key ingredient in lithium ion battery production. Furthermore, its utilization in the plastic manufacturing process where it is used as a solvent for polymers, such as polyacrylonitrile and other resins, is further expected to propel market growth. Additionally, the increasing applications of ethylene carbonate as a pharmaceutical intermediate and its utilization in the textile industry as solvent, reactant, and plasticizer will also supplement market growth.

However, the price volatility of ethylene carbonate and adverse effects on the environment are major market barriers. Owing to the outbreak of COVID-19 worldwide, the production and supply is likely to take a hit, which will impact market growth in the coming years.

Major Applications of Ethylene Carbonate Market covered are:
Coatings, Dyes
Lithium Batteries
Lubricants
Organic Solvents, and Medical Products

Major End-users of Ethylene Carbonate Market covered are:
Automotive
Healthcare
Paints & Coatings
Plastics
Chemicals
Textiles
Oil & Gas, and Agriculture

Research objectives:-

- To study and analyze the global Ethylene Carbonate consumption (value & volume) by key regions/countries, product type and application, history data.
- To understand the structure of the Ethylene Carbonate market by identifying its various sub-segments.
- Focuses on the key global Ethylene Carbonate manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
- To analyze the Ethylene Carbonate with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Ethylene Carbonate Market Size
2.2 Ethylene Carbonate Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Ethylene Carbonate Market Size by Manufacturers
3.2 Ethylene Carbonate Key Players Head office and Area Served
3.3 Key Players Ethylene Carbonate Product/Solution/Service
3.4 Date of Enter into Ethylene Carbonate Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Ethylene Carbonate Sales by Product
4.2 Global Ethylene Carbonate Revenue by Product
4.3 Ethylene Carbonate Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Ethylene Carbonate Breakdown Data by End User

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In the end, Ethylene Carbonate industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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We continue to pioneer state-of-the-art approach in research & analysis that makes complex world simpler to stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence we bring proficient contingency to our clients in the evolving world of technologies, mega trends and industry convergence. We empower and inspire Vanguards to fuel and shape their business to build and grow world-class consumer products.

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