Ethylene Carbonate Industry Outlook: Pricing Trends & Production Updates Is Expected To Reach US$ 1,135.7Mn By 2031 | Most Leading Companies - Dow Chemical Company, Eastman Chemical Company, Chemical Corporation, Shin-Etsu Chemical Co. Ltd

Global Ethylene Carbonate Market reached US$ 465.3 million in 2023 and is expected to reach US$ 1,135.7 million by 2031 growing with a CAGR of 11.8% during the forecast period 2024-2031

Ethylene Carbonate Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Ethylene carbonate is a highly polar organic compound used as a solvent in lithium-ion batteries, lubricants, and chemical intermediates. It plays a crucial role in enhancing battery performance due to its high dielectric constant and thermal stability.

List of the Key Players in the Ethylene Carbonate Market:

Dow Chemical Company, Eastman Chemical Company, Chemical Corporation, Shin-Etsu Chemical Co. Ltd., LyondellBasell Industries N.V., Merck Group, The Chemours Company, Perstorp AB, Huntsman Corporation, AkzoNobel NV.

Industry Development:

On February 8, 2022, Lotte Chemical, a prominent global chemical manufacturer, announced the groundbreaking of a new production facility in Daesan, South Korea. With an estimated investment of US$10.2 billion, this facility is poised to become one of the largest in the region. The project is also expected to significantly benefit the local economy by generating new employment opportunities.

In July 2022, Indorama Ventures and Capchem embarked on a joint project to develop a carbonate solvents plant aimed at supporting the North American lithium-ion battery industry by supplying ethylene carbonate. This ambitious venture demands thorough planning and execution to ensure its success.

On December 27, 2022, scientists at Lawrence Berkeley National Laboratory achieved a breakthrough by developing a new environmentally friendly refrigerator. This innovation utilized ethylene carbonate solvent in combination with sodium iodide salt, harnessing a naturally occurring phenomenon to enhance sustainability in refrigeration technology.

Research Process:

Both primary and secondary data sources have been used in the global Ethylene Carbonate Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Ethylene Carbonate Market:

By Form: Solid, Liquid

By Application: Coating, Plasticizers, Lubricants, Battery Electrolytes, Others

By End-User; Automotive, Oil and Gas, Pharmaceutical, Personal care and Hygiene, Industrial, Others

Regional Analysis for Ethylene Carbonate Market:

The regional analysis of the Ethylene Carbonate Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Ethylene Carbonate market?

➠ Who are the leading manufacturers in the global Ethylene Carbonate industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Ethylene Carbonate industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Ethylene Carbonate market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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