Cyclic Carbonate Solvents Market Size, Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Cyclic Carbonate Solvents market is projected to reach US$ 78 million in 2029, increasing from US$ 52 million in 2022, with the CAGR of 5.6% during the period of 2023 to 2029.

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Cyclic carbonate has high dielectric constant and high ionic conductivity, and can form a stable SEI film on the surface of the negative electrode, but its viscosity is relatively high. It accounts for about 40% by mass in the solvent, and is divided into ethylene carbonate (EC) and propylene carbonate (PC).

Cyclic carbonate solvents are a class of organic solvents widely used in the chemical industry. Currently, the market for cyclic carbonate solvents is showing steady growth, with an expanding market size. These solvents find widespread applications in areas such as coatings, batteries, and cleaning agents, particularly playing a crucial role in the manufacturing of batteries in the field of new energy. Their outstanding environmental friendliness and low volatility make them highly favored. In the future, with the rise of clean energy and the environmental industry, cyclic carbonate solvents are poised to further expand their application areas, driving further market development.

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By Type
• Ethylene carbonate(EC)
• Propylene Carbonate (PC)

By Application
• Ternary Lithium Battery
• Lithium Iron Phosphate Battery

Key Players
BASF, Mitsubishi Chemical, TOAGOSEI, Huntsman, Shida Shenghua, Hi-tech Spring, Liaoning Oxiranchem, Liao Ning Kong Lung Chemical Industry, Yingkou Hengyang New Energy Chemical, Fujian Zhongke Hongye Chemical Technology, Lixing Chemical, Shandong Depu Chemical, Shandong Feiyang Chemical

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