Press release
Ethylene Carbonate Market Overview | Size, Share, Industry Growth, Trends & Forecast, 2032
Ethylene Carbonate Market
Ethylene carbonate has emerged as an ideal solvent for different applications owing to its efficacy of providing high solubility and polarity against water. The market growth can be attributed to the growing demand for lithium-ion batteries and supercapacitors.
Fortune Business InsightsTM provides this information in its research report, titled "Ethylene Carbonate Market, 2025-2032".
Request a Free Sample PDF- https://www.fortunebusinessinsights.com/enquiry/sample/ethylene-carbonate-market-107266
✅ List of Key Players Mentioned in the Report:
▶ BASF SE (Germany)
▶ Huntsman International LLC (U.S.)
▶ Indorama Ventures Public Company Limited (Thailand)
▶ Lotte Chemical (South Korea)
▶ Mitsubishi Chemical Group Corporation (Japan)
▶ Hi-Tech Spring (China)
▶ Oriental Union Chemical Corporation (OUCC) (Taiwan)
▶ Shandong Haike Chemical Group (China)
▶ Shandong Shida Shenghua Chemical Group Co. Ltd. (China)
▶ Toagosei Co., Ltd. (Japan)
✅ Segmentation:
✅ Increasing Demand for Lithium Batteries to Augment the Battery Grade Segment Growth
In terms of grade, the market is divided into industrial grade, battery grade, and electronic grade. The battery grade segment is anticipated to expand at the fastest annual growth rate during the forecast period. The growth in the demand for lithium batteries in which the product is deployed as an electrolyte is fostering the battery grade segment growth.
Ethylene carbonate has proven to be an ideal solvent for various applications due to its high polarity and excellent water solubility. As a polar solvent, it is widely used in the production of lubricants, plastics, resins, and surface coatings, among other products. Classified as a cyclic carbonate ester of ethylene glycol and carbonic acid, it not only serves as an effective solvent but also acts as an intermediate in chemical synthesis, which has historically driven additional demand. Beyond these uses, ethylene carbonate plays a crucial role in advanced applications such as lithium-ion batteries and supercapacitors. The growing demand for these energy storage solutions is expected to further propel market growth in the coming years.
Speak to Analyst-https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/ethylene-carbonate-market-107266
✅ Lithium Battery Electrolyte Segment to Secure Largest Share Due to Surging Demand for Lithium-ion Batteries
By application, the ethylene carbonate market is classified into polymers & resins, lubricants, semiconductor, lithium battery electrolyte, and others. The lithium battery electrolyte segment is expected to register the largest ethylene carbonate market share during the forecast period. The growing demand for lithium-ion batteries is boosting the lithium battery electrolyte segment growth.
✅ Rise in Demand for Electric Vehicles to Propel the Automotive Segment Growth
With respect to end-use, the market is classified into industrial, healthcare, electronics, automotive, and others. The automotive segment is poised to dominate during the forecast period. The increasing demand for electric vehicles is bolstering the automotive segment's growth.
From the regional perspective, the market is segregated into Asia Pacific, Europe, North America, the Middle East & Africa, and Latin America.
✅ Report Coverage
The report offers an in-depth analysis of the driving and restraining factors affecting the market growth. In addition, it focuses on the strategic initiatives undertaken by leading players to stand out from the competition. The report further provides a comprehensive coverage of the latest trends, the impact of the COVID-19 pandemic on market growth, and notable industry developments.
✅ Drivers and Restraints:
Trend of Electrifying the Vehicle to Escalate Market Growth
Humongous investments in the electrification of the automotive industry to drive market expansion due to momentum toward clean energy. Moreover, due to the growth of the electric vehicle market, the demand for lithium-ion batteries has increased.
Despite such growth opportunities, the environmental concerns related to conventional production methods are poised to hinder the supply-demand equation during the mid-term forecast, impeding the ethylene carbonate market growth.
✅ Regional Insights:
Asia Pacific Dominated Due to High Consumption of Products in the Electronics Industry
Asia Pacific accounted for the largest share in 2022. The high consumption of the product in electronics, lithium-ion batteries, and polymers is driving regional growth.
North America and Europe's ethylene carbonate market growth can be attributed to huge investments by producers of lithium batteries, which is poised to bolster the demand for lithium battery electrolytes over the next several years.
Read More Information- https://www.fortunebusinessinsights.com/ethylene-carbonate-market-107266
✅ Competitive Landscape:
Companies Focus on Investment Strategies to Strengthen Their Position
Shandong Shida Shenghua Chemical Group Co. Ltd., Shandong Haike Chemical Group, Huntsman International LLC, BASF, and Mitsubishi Chemical Group Corporation are some of the prominent companies in the market. Players are emphasizing different competitive strategies to reinforce their position. Some of these strategies include joint ventures, partnerships, and others. Several companies are also focusing on investment strategies and launching innovative ethylene carbonate solutions to enhance their position.
✅ Key Industry Development:
December 2021 - BASF announced its investment plans for the expansion of its battery material business. The move is expected to help the company further strengthen its emphasis on battery materials and recycling and emerge as a separate mobile emissions catalyst.
Related Reports-
Green Cement Market- https://www.fortunebusinessinsights.com/green-cement-market-107251
U.S. Water and Wastewater Treatment Market- https://www.fortunebusinessinsights.com/u-s-water-and-wastewater-treatment-market-107674
Wood Flooring Market- https://www.fortunebusinessinsights.com/wood-flooring-market-104011
Paints Coatings Additives Market- https://www.fortunebusinessinsights.com/industry-reports/paints-coatings-additives-market-101810
Folding Cartons Market- https://www.fortunebusinessinsights.com/folding-cartons-market-104898
Contact Us:
Fortune Business InsightsTM Pvt. Ltd.
9th Floor, Icon Tower,
Baner, Pune-411045,
Maharashtra, India.
Phone:
U.S.: US +1 833 909 2966 (Toll Free)
UK +44 808 502 0280 (Toll Free)
APAC +91 744 740 1245
Email: sales@fortunebusinessinsights.com
About Us:
Fortune Business InsightsTM offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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 Overview | Size, Share, Industry Growth, Trends & Forecast, 2032 here
News-ID: 3950853 • Views: …
More Releases from Fortune Business Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop …
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected to…
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion by…
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow …
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growth…
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by …
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollution…
More Releases for Chemical
Nickel Nitrate Market Size, Key Players: UMAI CHEMICAL, The Shepherd Chemical Co …
Nickel nitrate is an inorganic compound that is used in various applications, including electroplating, catalysts, and as a precursor for the production of other nickel compounds. The nickel nitrate market is expected to grow in the coming years, driven by the increasing demand for nickel in various applications such as the automotive and electronics industries.
Get a Free Sample Copy of the Global Nickel Nitrate Market Research Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=6914387
Market segmentation
Nickel…
Pharma Grade Ethylmalonate Market Analysis and Forecast To 2028 | Hebei Chengxin …
"In the past few years, the Pharma Grade Ethylmalonate market experienced a huge change under the influence of COVID-19 and Russia-Ukraine War, the global market size of Pharma Grade Ethylmalonate reached the predicted milestone in 2022 with the rising CAGR from 2017-2022.
Facing the complicated international situation, the future of the Pharma Grade Ethylmalonate market is full of uncertain. Report predicts that the global Pharma Grade Ethylmalonate market size will…
Phosphorus Pentachloride market Key Players| Xuzhou Weiruipu Chemical, Xuzhou Ho …
A Comprehensive research study conducted by KD Market Insights on " Phosphorus Pentachloride (CAS 10026-13-8) Market - By Product Type (Qualified: content?98.0%, First grade: content?99.0%, High class products: content?99.5%), By Application (Pharmaceutical Industry, Dye Industry, Chemical Industry, Other) & Global Region Market Size, Share, Trends and Forecast 2018-2023" report offers extensive and highly detailed historical, current and future market trends in the global and regional/market. The Phosphorus Pentachloride market report includes market size, growth drivers,…
Global 4-Hydroxybenzaldehyde Market 2019 - Jiaxing Jinhe Chemical, Suzhou Inter- …
4-Hydroxybenzaldehyde is an important fine chemical product and intermediate for organic synthesis, with wide use in pharmaceutical, aromatizer, pesticide, electroplating and liquid crystal industries.
4-Hydroxybenzaldehyde is a white or pale yellow crystalline powder, which is mainly made from para-cresol.
Applications of 4-hydroxybenzaldehyde include Pharmaceutical, Aromatizer, Pesticide, Electronic and so on. Among those applications, Aromatizer accounts for the largest market share, which was about 65.60% in 2016.
The 4-hydroxybenzaldehyde industry is highly concentrated…
Calcium Nitrate Market Survey 2017 - Yunli Chemical, Leixin Chemical, Uralchem, …
Calcium Nitrate Market Research 2017
A market study ” Global Calcium Nitrate Market ” examines the performance of the Calcium Nitrate market 2017. It encloses an in-depth Research of the Calcium Nitrate market state and the competitive landscape globally. This report analyzes the potential of Calcium Nitrate market in the present and the future prospects from various angles in detail.
The Global Calcium Nitrate Market 2017 report includes Calcium Nitrate market Revenue,…
Global Glutaric Dialdehyde Market 2017 : Jinghong chemical, TNJ Chemical, Xinjin …
A market study based on the "Glutaric Dialdehyde Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Glutaric Dialdehyde Market 2017’. The research report analyses the historical as well as present performance of the worldwide Glutaric Dialdehyde industry, and makes predictions on the future status of Glutaric Dialdehyde market on the basis of this analysis.
Get Free Sample Copy of Report Here :
http://bit.ly/2iIAeTe
Top Manufacturers…
