Ethylene Carbonate Market Set to Surge: Rising Demand in Lithium-Ion Batteries and Green Solvents Drives Global Growth 2025 | Top key players - Dow Chemical Company, Eastman Chemical Company, Chemical Corporation.

The 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. | According to DataM Intelligence

The Ethylene Carbonate Market, as analyzed by DataM Intelligence, offers a comprehensive overview of the industry, supported by in-depth insights, historical trends, and key statistics. The report delves into market dynamics and the competitive landscape, highlighting profiles of major companies, their product portfolios, pricing approaches, financial performance, growth strategies, and global presence.

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The Ethylene Carbonate Market focuses on the production, distribution, and application of ethylene carbonate-a highly polar, organic compound used primarily as a solvent in lithium-ion batteries, lubricants, and plasticizers. Known for its high dielectric constant and low toxicity, ethylene carbonate enhances battery performance and stability, supporting the growth of electric vehicles, consumer electronics, and sustainable energy storage solutions worldwide.

Ethylene Carbonate Market Key Developments of USA:

In April 2025, a leading U.S.-based chemical manufacturer announced the expansion of its ethylene carbonate production facility in Texas to meet the growing demand from lithium-ion battery and lubricant industries, aiming to increase annual output by over 20%.

In September 2024, a major American battery materials company introduced a new high-purity ethylene carbonate product line designed specifically to enhance battery performance and safety for electric vehicles and grid storage applications.

Key Industry players in the Ethylene Carbonate Market

The prominent players in Ethylene Carbonate market research report are: 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.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

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Market Segments

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.

The Ethylene Carbonate industry is experiencing rapid growth, driven by innovations in medical technology, rising demand for advanced therapies, and a stronger focus on patient-centered care. As the sector progresses, comprehensive market analysis becomes crucial for monitoring emerging trends, regulatory changes, and potential opportunities.

Regions Covered:

The global Ethylene Carbonate Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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FAQs:

➠ What are the global figures for sales, production, consumption, imports, and exports in the Ethylene Carbonate market?

➠ Who are the key players in the global Ethylene Carbonate industry, and what is their operational performance in terms of capacity, output, sales, pricing, costs, and overall revenue?

➠ What opportunities and challenges are vendors facing in the global Ethylene Carbonate market?

➠ Which product types or end-user applications are likely to experience the most growth? What is the market share of each segment?

➠ What are the main strategic approaches and limitations influencing the growth of the Ethylene Carbonate market?

➠ What are the various sales, marketing, and distribution strategies used across the global Ethylene Carbonate industry?

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