Press release
United States Ethylene Carbonate Market Growth and Forecast to 2032: Investment in Key End-Use Industries & Technology Advancements | Chemical Corporation, Shin-Etsu Chemical Co. Ltd., LyondellBasell Industries N.V., Merck Group
Ethylene Carbonate Market
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United States - Recent Developments
✅ November 2025: Huntsman expanded ethylene carbonate production capacity to support surging demand from lithium-ion battery manufacturers.
✅ October 2025: NOVA Chemicals launched high-purity ethylene carbonate grades for electric vehicle (EV) electrolytes.
✅ September 2025: Major partnerships were formed with automotive OEMs to secure long-term ethylene carbonate supply for battery gigafactories.
Japan - Recent Developments
✅ November 2025: Mitsubishi Chemical introduced advanced ethylene carbonate formulations to enhance battery safety and energy density.
✅ October 2025: Asahi Kasei invested in electrolyte research using ethylene carbonate to optimize solid-state battery performance.
✅ September 2025: Japanese electronics manufacturers increased procurement of ethylene carbonate amid growing EV export production.
GCC - Recent Developments
✅ November 2025: Saudi Arabia accelerated investments in chemical plants producing battery-grade ethylene carbonate to diversify beyond oil.
✅ October 2025: UAE launched industrial partnerships to supply ethylene carbonate for regional EV and energy-storage projects.
✅ September 2025: GCC governments announced incentives to attract global electrolyte suppliers to set up facilities for next-gen lithium batteries.
List of Top Key Player:
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.
Forecast Projection:
The Global Ethylene Carbonate Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.
Recent M&A Activity
1. Battery solvent sector anticipates M&A as majors acquire startups for high-purity EC/DMC/EMC blends amid gigafactory proximity needs.
2. Jiangsu Sailboat Petrochemical launched CO2-to-EC/DMC plant (Dec 2024, commercial 2025); UBE C1 Chemical groundbreaking DMC/EMC Louisiana (Feb 2025).
Market Intelligence Research Process:
The Global Ethylene Carbonate Market research report by DataM Intelligence combines primary and secondary data to deliver deep, actionable insights. It examines the full spectrum of factors shaping the industry, from government regulations and market conditions to competitive dynamics, historical trends, technological breakthroughs, upcoming innovations, and potential challenges. This comprehensive analysis not only highlights growth prospects but also identifies barriers, equipping businesses to navigate market volatility and capitalize on emerging opportunities.
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Key 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)
Global Growth Regional Analysis:
⇥ 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:
Chapter 1 - Market Overview: Kickstarts the report with a comprehensive snapshot of the Global Ethylene Carbonate Market, summarizing key segments by region, product type, and application. Highlights include market size, segment growth potential, and short- & long-term industry outlook.
Chapter 2 - Emerging Trends: Uncovers the game-changing trends and high-impact innovations shaping the future of the industry.
Chapter 3 - Competitive Landscape: Offers a deep dive into market competition, detailing revenue shares, strategic initiatives, and recent mergers & acquisitions.
Chapter 4 - Top Player Profiles: Features detailed company profiles, covering revenue, profit margins, product lines, and major milestones for leading market players.
Chapters 5 & 6 - Regional & Country Analysis: Breaks down revenue performance across global regions, providing insights on market sizes, opportunities, and growth prospects worldwide.
Chapter 7 - Segmentation Analysis: Explores market segmentation by type, revealing high-potential categories and guiding businesses towards lucrative areas.
Chapter 8 - Application Insights: Examines downstream markets and identifies promising sectors for expansion, showing how different applications are driving growth.
Chapter 9 - Supply Chain Mapping: Maps the entire industry supply chain, highlighting upstream and downstream activities for a holistic market perspective.
Chapter 10 - Key Takeaways: Concludes with critical insights and actionable strategies, equipping stakeholders to make informed decisions and stay ahead in the market.
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FAQ's
Q1: What is the current size of the Global Ethylene Carbonate Market and its future potential?
A: The Global Ethylene Carbonate Market was valued at US$ 465.3 million in 2023 and is projected to surge to US$ 1,135.7 million by 2031
Q2: How fast is the Global Ethylene Carbonate Market expected to grow in the coming years?
A: The market is forecast to expand at a robust CAGR of 11.8% between 2025 and 2032
Q3: Which regions are dominating the Global Ethylene Carbonate Market and which are fastest-growing?
A: Key markets include North America, Europe, and Asia-Pacific, led by the U.S., Japan, China, and Germany.
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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