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Ethylene Carbonate Market to Witness Huge Growth by Key Players: Oriental Union Chemical Corporation, Huntsman, BASF, Mitsubishi Chemical, Toagosei Co., Ltd

09-14-2021 02:24 PM CET | Industry, Real Estate & Construction

Press release from: ReportsnReports

Global Ethylene Carbonate Market 2020-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The global ethylene carbonate market size is expected to grow from USD 319 million in 2020 to USD 439 million by 2025, at a CAGR of 6.6%, during the forecast period. This report spread across 164 Pages, Profiling 10 Companies and Supported with 124 Tables and 41 figures are now available in this research.

Top Companies Profiled in the Ethylene Carbonate Market: Oriental Union Chemical Corporation (Taiwan), Huntsman (US), BASF (Germany), Mitsubishi Chemical (Japan), and Toagosei Co., Ltd. (Japan).

"Lubricants segment to drive the global market during the forecast period"
The ethylene carbonate market has been segmented based on applications such as lubricants, lithium battery electrolytes, plasticizers, surface coatings, and others. Among these applications, lubricants accounted for the larger share of the market during the forecast period. The market growth in this segment is attributed to growing usage in automotive, industrial, and manufacturing sectors. These factors are expected to drive demand during the forecast period.

"Automotive segment expected to account for the largest market share during the forecast period"
The automotive segment is proliferating owing to the different requirements by manufacturers, such as reduced emissions of volatile organic compounds (VOCs) that play a role in the formation of smog and to achieve long durable protective surface coating on vehicles. Furthermore, there has been a consistent rise in the number of vehicles in use across the globe over the past decade. This is fueling the sales of ethylene carbonate, mainly in lubricants, in the automotive industry.

"APAC is expected to record the highest growth rate during the forecast period"
APAC is expected to have the highest growth rate during the forecast period due to significant developments in industrial, automotive, and oil & gas end-use industries, which drive the ethylene carbonate market in the region. Furthermore, the growing population and economic growth in major countries, such as China and Taiwan, and growing disposable income will also drive the market in the APAC region.

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Competitive Landscape of Ethylene Carbonate Market:
1 Overview
2 Market Share Analysis/Market Ranking Of Key Players
2.1 Market Share Analysis Of Key Players
2.2 Revenue Analysis Of Some Leading Companies In Ethylene Carbonate Market, 2015–2019
3 Key Market Developments
4 Company Evaluation Quadrant Matrix Definitions And Methodology, 2020
4.1 Stars
4.2 Emerging Leaders
4.3 Pervasive
4.4 Participants
5 Competitive Benchmarking
5.1 Strength Of Product Portfolios
5.2 Business Strategy Excellence
6 Sme Matrix, 2020
6.1 Progressive Companies
6.2 Starting Blocks
6.3 Dynamic Companies
6.4 Responsive Companies

Research Coverage:
The report covers the ethylene carbonate market based on application, end-use industry, and region. This study aims at estimating the size and future growth potential of the market across various segmentation types. It also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies.

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ReportsnReports provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

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