Press release
Ethylene Carbonate Market 2022 Size, Analysis, Growth Ratio, Top Players and Future Forecast to 2027 | Toagosei Co. Ltd., Sigma-Aldrich, Lixing Chemical
The study highlights the list of projected opportunities, sales and revenue on the basis of region and segments. Apart from that, it also documents other topics such as manufacturing cost analysis, Industrial Chain, etc. For better demonstration, it throws light on the precisely obtained data with the thoroughly crafted graphs, tables, Bar &Pie Charts, etc.
The Global Ethylene Carbonate Market size will grow from US$ 303.2 million in 2021 to US$ 450.5 million by 2027, registering a tremendous compound annual growth rate (CAGR) of 6.6% during the study period, i.e., 2022-2027.
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Regional Analysis:
As economies reopen and countries are lifting limitations, the US chemical industry is forecast for a significant recovery in 2022, which could boost plant utilization rates that were affected hard by the pandemic. In the United States, industrial production is forecast to increase by 5.5 percent in 2021 and 4.3 percent in 2022. Chemical volumes in the United States are forecast to rise 1.5 % in 2021 and 3.0% in 2022, while shipments to rise 8.0 % in 2021 and 2022, following a 13.5% drop in 2020.
The Asia Pacific region size value was 36.0% market share, maintaining the largest market share across all regions. As a result of the existence of critical developing economies such as China, India, and Japan in this region, recording the largest market share in the market.Paints and coatings, water treatment, personal care ingredients and cosmetics, electronics, agriculture, and other sectors employ chemicals throughout the Asia-Pacific area. For foreign investors, these places provide excellent investment options. China was the largest specialty chemical market in Asia in 2019, accounting for about 38.9% of the global market. India came in second with a 23.1% share of the total market.
COVID-19 Impact:
Almost every product people use has chemicals. Chemical businesses are functioning in a radically different paradigm as the effects of COVID-19 ripple over the globe and economic activity grinds to a standstill. There is a chasm in the demand for chemicals across end markets. The global supply networks disrupted, chemical companies' stock prices have taken major hits, and chemical manufacturer competitive orders have switched swiftly in the United States, the Middle East, China, and Europe.
Major Key Players in Ethylene Carbonate Marketare:
BASF SE
Huntsman International LLC
Merck KGaA
Mitsubishi Chemical Corporation
Toagosei Co. Ltd.
Sigma-Aldrich
Lixing Chemical
Tokyo Chemical Industry Co. Ltd
OUCC
Segmental Analysis:
The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the Ethylene Carbonate Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market's overall size.
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Segmentation Overview
By Grade
Battery Grade
Industry Grade
By Form
Solid
Liquid
By Application
Lithium Battery Electrolytes
Capacitor Electrolytes
Resist Strip Solvents
Fiber Processing Agents
Lubricants
Soil Hardening Agents
Organic Solvents
Plasticizers
Surface Coatings
Chemical Intermediates
Dyes
Others
By Industry
Healthcare & Pharmaceuticals
Automotive
Chemicals
Oil & Gas
Textile
Personal Care & Hygiene
Agriculture
Others
By Region
North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Spain
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
Korea
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Argentina
Brazil
Rest of South America
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About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
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