All updated as on -
At a CAGR of 14.7%, the ethylene carbonate market is projected to increase from its 2022 valuation of $454.08 million. The electrolyte solutions in lithium batteries contain ethylene carbonate because it is a high polar solvent that dissolves various electrolytes. It's useful in lots of different fields, from transportation to manufacturing to healthcare to oil and gas to personal care and sanitation.
The rapid development of cities and improvements in living standards have stimulated the expansion of the automotive market. Increased need for lubricants, and hence ethylene carbonate, as a solvent in lubricants, is a direct effect of the booming vehicle industry. Lithium ion batteries are widely utilised in electric vehicles because they are more efficient than lead batteries and need less time to charge. Growth in the ethylene carbonate market might be attributed to the rising popularity of electric vehicles. Mobile phones, tablets, and even some types of medical equipment all use lithium ion batteries.
Rising incomes and populations have contributed to the development of the vehicle market. There were more opportunities to purchase lubricants thanks to the sale of 85 million conventional vehicles in 2018. This could increase the need for ethylene carbonate in the industry, as it is utilised as a solvent in lubricants. Since electric vehicles make widespread use of lithium-particle batteries, demand for ethylene carbonate is on the rise. Increasing awareness of environmental concerns has contributed to the widespread use of electric vehicles. Ethylene carbonate's popularity is on the rise as a result of the rising demand for lithium-ion (Li-ion) batteries, which are used extensively in electric vehicles. The usage of ethylene carbonate as an electrolyte in lithium-ion batteries is on the rise. Electrolyte solution doped with a lithium solution, such as lithium hexafluorophosphate in a mixed organic solvent, which is frequently ethylene carbonate, and a graphite anode and lithium metal oxide cathode make up a modern lithium-ion battery (LIB).
Both environmentalists and economists are growing more concerned about the transportation sector's heavy reliance on oil as fuel. There has been a shift towards the use of batteries in cars as people become more knowledgeable about the benefits of alternative fuels. There are already more than 10 million electric vehicles on the road, as reported by the International Energy Agency. Electric vehicle sales are also increasing rapidly. The polar solvent role of ethylene carbonate in these lithium-ion batteries is predicted to drive significant demand growth.
Although ethylene carbonate is a safer solvent, it is typically made by burning ethylene oxide and carbon dioxide, which are both harmful. Physical and health risks associated with ethylene oxide exposure include irritation of the respiratory tract, lung damage, headache, nausea, and cyanosis. The United States Environmental Protection Agency has designated it as a "high-priority pollutant." Shortness of breath, headaches, nausea, and even asthma have all been linked to carbon dioxide exposure. It's also considered a greenhouse gas for the same reason. As a result, the market for these compounds is closely regulated, limiting its expansion potential.
Report Coverage
Global Ethylene Carbonate research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Ethylene Carbonate report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Ethylene Carbonate competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Ethylene Carbonate market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Ethylene Carbonate market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Ethylene Carbonate market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Alchem Chemical Company, Alfa Aesar, Asahi Kasei, BASF, Empower Materials, Fujifilm Wako Pure Chemical Corporation, Huntsman, Liaoning Oxiranchem Inc., Linde Oriental Union Chemical Corporation, Mitsubishi Chemical, New Japan Chemical Co., Otto Chemie Pvt Ltd, Panax Etec, Parsol Chemicals Pvt. Ltd, RX Marine International, Shandong Senjie Cleantech Co. Ltd, Taixing Taida Fine Chemical Co. Ltd, Toagosei Co., Ltd., Tokyo Chemical Industry Co. Ltd, Vizag Chemical International, Zibo Donghai Industries Co. Ltd., Zhengzhou Meiya Chemical Products Co., Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Ethylene Carbonate market based on the below-mentioned segments:
Global Ethylene Carbonate Market, By Form
Solid
Liquid
Global Ethylene Carbonate market, By Application
Lithium Battery Electrolytes
Lubricants
Plasticizers
Surface Coatings
Global Ethylene Carbonate Market, By End User
Automotive
Industrial
Medical
Oil & Gas
Personal Care and Hygiene
Global Ethylene Carbonate market, Regional Analysis
The rapid development of cities and improvements in living standards have stimulated the expansion of the automotive market. Increased need for lubricants, and hence ethylene carbonate, as a solvent in lubricants, is a direct effect of the booming vehicle industry. Lithium ion batteries are widely utilised in electric vehicles because they are more efficient than lead batteries and need less time to charge. Growth in the ethylene carbonate market might be attributed to the rising popularity of electric vehicles. Mobile phones, tablets, and even some types of medical equipment all use lithium ion batteries.
Rising incomes and populations have contributed to the development of the vehicle market. There were more opportunities to purchase lubricants thanks to the sale of 85 million conventional vehicles in 2018. This could increase the need for ethylene carbonate in the industry, as it is utilised as a solvent in lubricants. Since electric vehicles make widespread use of lithium-particle batteries, demand for ethylene carbonate is on the rise. Increasing awareness of environmental concerns has contributed to the widespread use of electric vehicles. Ethylene carbonate's popularity is on the rise as a result of the rising demand for lithium-ion (Li-ion) batteries, which are used extensively in electric vehicles. The usage of ethylene carbonate as an electrolyte in lithium-ion batteries is on the rise. Electrolyte solution doped with a lithium solution, such as lithium hexafluorophosphate in a mixed organic solvent, which is frequently ethylene carbonate, and a graphite anode and lithium metal oxide cathode make up a modern lithium-ion battery (LIB).
Both environmentalists and economists are growing more concerned about the transportation sector's heavy reliance on oil as fuel. There has been a shift towards the use of batteries in cars as people become more knowledgeable about the benefits of alternative fuels. There are already more than 10 million electric vehicles on the road, as reported by the International Energy Agency. Electric vehicle sales are also increasing rapidly. The polar solvent role of ethylene carbonate in these lithium-ion batteries is predicted to drive significant demand growth.
Although ethylene carbonate is a safer solvent, it is typically made by burning ethylene oxide and carbon dioxide, which are both harmful. Physical and health risks associated with ethylene oxide exposure include irritation of the respiratory tract, lung damage, headache, nausea, and cyanosis. The United States Environmental Protection Agency has designated it as a "high-priority pollutant." Shortness of breath, headaches, nausea, and even asthma have all been linked to carbon dioxide exposure. It's also considered a greenhouse gas for the same reason. As a result, the market for these compounds is closely regulated, limiting its expansion potential.
Report Coverage
Global Ethylene Carbonate research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Ethylene Carbonate report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Ethylene Carbonate competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Ethylene Carbonate market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Alchem Chemical Company, Alfa Aesar, Asahi Kasei, BASF, Empower Materials, Fujifilm Wako Pure Chemical Corporation, Huntsman, Liaoning Oxiranchem Inc., Linde Oriental Union Chemical Corporation, Mitsubishi Chemical, New Japan Chemical Co., Otto Chemie Pvt Ltd, Panax Etec, Parsol Chemicals Pvt. Ltd, RX Marine International, Shandong Senjie Cleantech Co. Ltd, Taixing Taida Fine Chemical Co. Ltd, Toagosei Co., Ltd., Tokyo Chemical Industry Co. Ltd, Vizag Chemical International, Zibo Donghai Industries Co. Ltd., Zhengzhou Meiya Chemical Products Co., Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Ethylene Carbonate Market from 2021 to 2030.
- Market Forecast for Ethylene Carbonate Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Ethylene Carbonate competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Ethylene Carbonate
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Ethylene Carbonate market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Ethylene Carbonate market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Alchem Chemical Company, Alfa Aesar, Asahi Kasei, BASF, Empower Materials, Fujifilm Wako Pure Chemical Corporation, Huntsman, Liaoning Oxiranchem Inc., Linde Oriental Union Chemical Corporation, Mitsubishi Chemical, New Japan Chemical Co., Otto Chemie Pvt Ltd, Panax Etec, Parsol Chemicals Pvt. Ltd, RX Marine International, Shandong Senjie Cleantech Co. Ltd, Taixing Taida Fine Chemical Co. Ltd, Toagosei Co., Ltd., Tokyo Chemical Industry Co. Ltd, Vizag Chemical International, Zibo Donghai Industries Co. Ltd., Zhengzhou Meiya Chemical Products Co., Ltd.
Primary Target Market
- Market Players of Ethylene Carbonate
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Ethylene Carbonate market based on the below-mentioned segments:
Global Ethylene Carbonate Market, By Form
Solid
Liquid
Global Ethylene Carbonate market, By Application
Lithium Battery Electrolytes
Lubricants
Plasticizers
Surface Coatings
Global Ethylene Carbonate Market, By End User
Automotive
Industrial
Medical
Oil & Gas
Personal Care and Hygiene
Global Ethylene Carbonate market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive ethylene carbonate market market research and competitor analysis for your business to help you develop more profound insights into the ethylene carbonate market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the ethylene carbonate market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.