openPR Logo
Press release

Ethylene Carbonate Market Projected to Reach US$ 559.6 Million by 2032: FMI Forecast

Ethylene Carbonate Market

Ethylene Carbonate Market

According to Future Market Insights (FMI), a new market analysis projects that the worldwide ethylene carbonate market will grow at a 6.2% CAGR between 2022 and 2032. Organic compound ethylene carbonate, also referred to as EC, is one of them. It is a transparent, crystalline solid that is soluble in water and is an odorless, colorless chemical at room temperature. Ethylene carbonate is used in a wide range of end-use industries, including the automotive and oil and gas sectors.

Lithium-ion batteries are increasingly being used in electric vehicles, which will accelerate market expansion. One of the most reactive solvents pertinent to lithium-ion batteries (EC) is ethylene carbonate. Elevating the need for Li-ion batteries, rising electric vehicle sales are promoting the expansion of the ethylene carbonate market.

Obtain a Sample Copy of the Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-6545

Ethylene carbonate is an important reactive intermediate in the production of lubricants and greases. Lubricants are widely used in the manufacturing and transportation industries to ensure smooth operation of the object. Consumption of ethylene carbonate is expected to grow across the industrial, automotive, and oil and gas sectors, where lubricants are widely used.

As per FMI, the global ethylene carbonate market is expected to be dominated by East Asia and the trend is predicted to continue during the forecast period. The ethylene carbonate market in East Asia is projected to top US$ 175.0 Million by 2032.

"Over the assessment period, sales of ethylene carbonate are expected to be driven by its consumption in lithium battery electrolytes & lubricants across the globe, followed by plasticizers and surface coatings." says an FMI analyst.

Key Takeaways:

Based on application, the lubricants segment is projected to hold approximately 32% of the total market share in 2022.
Sales in the lithium battery electrolyte segment will grow at 6.4% CAGR through 2032.
In terms of end use, demand in the automotive segment will reach a valuation of US$ 204.1 Mn by 2032.
The India ethylene carbonate market is forecast to expand at a 6.8% CAGR over the assessment period.
The China ethylene carbonate market will reach a valuation of US$ 127.3 Mn by 2032.
East Asia will emerge as an attractive ethylene carbonate market, creating an incremental dollar opportunity of US$ 83.5 Mn over the forecast period.

Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-6545

Competitive Landscape

Leading players operating in the global ethylene carbonate market

Oriental Union Chemical Corporation
Huntsman Corporation
BASF SE
Mitsubishi Chemical Corporation
Toagosei Co., Ltd.
Asahi Kasei
Prasol Chemicals Ltd
Shandong Shida Shenghua Chemical Group
Shandong Senjie Chemical
Dubi Chem

Key players are investing in mergers, acquisitions, and collaborations to improve their product potfolios. They are also investing in production facility expansions to cater to the growing demand from various end use sectors. For instance:

In June 2021, Huntsman Corporation's Performance Products division announced plans to significantly increase its existing capacity for ULTRAPURETM Ethylene Carbonate at its Conroe, Texas facility by mid-2023. ULTRAPURETM Ethylene Carbonate is essential for the safe operation and long life of lithium-ion batteries used in electric vehicles (EVs) and electronics.

Contact Sales for Further Assistance in Purchasing this Report: https://www.futuremarketinsights.com/checkout/6545

Ethylene Carbonate Market by Category

By Product Form:

Solid
Liquid

By Application:

Lithium Battery Electrolyte
Plasticizers
Lubricants
Surface Coatings

By End-Use Industry:

Oil & Gas
Automotive
Pharmaceuticals

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa

Exploring Innovations in Chemicals & Materials: A Compilation of Related Research Reports

Dimethyl Carbonate Market: https://www.futuremarketinsights.com/reports/dimethyl-carbonate-market

Magnesium Carbonate Market: https://www.futuremarketinsights.com/reports/magnesium-carbonate-market

Contact Us:

Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ethylene Carbonate Market Projected to Reach US$ 559.6 Million by 2032: FMI Forecast here

News-ID: 3221703 • Views:

More Releases from Future Market Insights Inc

Continuous Cardiac Monitoring Devices Market Size and Share Forecast Outlook 2025 to 2035
Continuous Cardiac Monitoring Devices Market Size and Share Forecast Outlook 202 …
The global Continuous Cardiac Monitoring Devices Market is poised for steady expansion, estimated at USD 8.8 billion in 2025 and projected to reach USD 19.2 billion by 2035, registering a compound annual growth rate (CAGR) of 8.1%. Rising cardiovascular disease prevalence, aging populations, and technological advancements in wearable and remote cardiac monitoring are driving sustained industry momentum. Dive Deeper into the Data-View the Full Report Here: https://www.futuremarketinsights.com/reports/continuous-cardiac-monitoring-devices-market Market Overview Cardiovascular diseases (CVDs)
Patisserie Packaging Market to Hit USD 11.1 Billion by 2035, Driven by E-commerce and Premiumization
Patisserie Packaging Market to Hit USD 11.1 Billion by 2035, Driven by E-commerc …
A new market analysis reveals significant growth potential for the global patisserie packaging sector, projecting its market value to surge from USD 7.1 billion in 2025 to a commanding USD 11.1 billion by 2035. This robust expansion is anticipated to register a Compound Annual Growth Rate (CAGR) of 4.6% over the forecast period, as premium bakery products, e-commerce, and a global push for sustainable solutions redefine the industry. The surge in
Smart Plant-Based Food Packaging Market Projected to Nearly Double by 2035, Driven by Green Technology
Smart Plant-Based Food Packaging Market Projected to Nearly Double by 2035, Driv …
A new market forecast highlights the explosive growth potential of the Smart Plant Based Food Packaging market, projecting a near-doubling in valuation over the next decade. According to the report, the global market, estimated at USD 291.5 billion in 2025, is anticipated to surge to USD 576.1 billion by 2035, exhibiting a robust Compound Annual Growth Rate (CAGR) of 7.1%. The surge reflects a global pivot toward sustainable logistics and packaging,
Resealable Packaging Labels Market Projected to Soar to USD 27.4 Billion by 2035, Driven by Global Demand for Convenience
Resealable Packaging Labels Market Projected to Soar to USD 27.4 Billion by 2035 …
A new comprehensive market report reveals that the global Resealable Packaging Labels Market is set for robust growth, with its value estimated to surge from USD 16.0 billion in 2025 to USD 27.4 billion by 2035. The market is projected to expand at a steady Compound Annual Growth Rate (CAGR) of 5.5% over the forecast period, reflecting a paradigm shift in consumer priorities toward product convenience, guaranteed freshness, and enhanced

All 5 Releases


More Releases for Ethylene

[Latest] Ethylene Oxide And Ethylene Glycol Market Future Outlook: Importance an …
Ethylene Oxide and Ethylene Glycol Market: Outlook & Investment Analysis Q1: What is the current outlook of the Ethylene Oxide and Ethylene Glycol market? The global Ethylene Oxide and Ethylene Glycol market is experiencing moderate growth due to rising demand from the automotive, packaging, and textile industries. Ethylene Glycol, widely used in antifreeze formulations and polyester fiber production, is gaining traction in Asia-Pacific due to the expanding manufacturing sector. Ethylene Oxide, used
Ethylene Tetrafluoroethylene
The Ethylene Tetrafluoroethylene (ETFE) Market is witnessing strong growth driven by rising demand in aerospace, construction, solar, and electronics applications due to its lightweight, durable, chemical-resistant, and UV-resistant properties. Ethylene Tetrafluoroethylene Market is positioned for robust growth, and shifting market dynamics reshaping the competitive landscape. DataM Intelligence's new report provides data-driven insights, SWOT analysis, and marketing-ready intelligence for businesses seeking to improve market penetration and campaign ROI. Get your exclusive sample report
Ethylene Oxide and Ethylene Glycol Market: A Guide to Understanding the Process
The Ethylene Oxide and Ethylene Glycol Market size is estimated to be approximately USD 35.4 billion in 2024 and is projected to reach around USD 58.9 billion by 2033, growing at a CAGR of about 6.0% during the period from 2025 to 2033. Ethylene Oxide and Ethylene Glycol Market Overview The Ethylene Oxide and Ethylene Glycol Market is witnessing steady growth driven by increasing demand from end-use industries such as automotive,
Ethylene Oxide and Ethylene Glycol Market 2024 Driving Factors Forecast Research …
The global ethylene oxide and ethylene glycol market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period (2024-2031). Ethylene glycol's versatility in industries such as automotive, textile, packaging, and construction fuels demand, especially in emerging economies. Its crucial role in polyester fiber production, coupled with its use as an antifreeze agent in automobiles, amplifies market expansion. Technological advancements and research investments contribute to enhanced product quality and
Ethylene Oxide Market
Introduction Ethylene oxide (EO) is a versatile chemical used widely across industries. As an organic compound, ethylene oxide plays a crucial role in the production of other chemicals, such as ethylene glycol, which is a key ingredient in products like antifreeze and polyester. Due to its reactivity, it is involved in numerous chemical processes, contributing significantly to the modern industrial economy. Its importance can be seen in various applications such as
Ethylene Dimerization Market: Transforming Ethylene into Valuable Hydrocarbons
Report Summary: Coherent Industry Insights presents encyclopedic research of the Ethylene Dimerization Market with holistic insights into significant variables and features driving the future growth of the market. The Ethylene Dimerization Market was studied for the projected year 2023-2030 as well as the historical period 2017-2022. The research study provides complete qualitative and quantitative analysis to help shareholders obtain a thorough grasp of the Ethylene Dimerization Market and its crucial dynamics. In