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Ethylene Carbonate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 143 Pages
  • January 2023
  • Region: Global
  • IMARC Group
  • ID: 5732796

Quick Summary:

The Ethylene Carbonate market is in a significant period of growth, driven by rising global demand for this versatile chemical compound. This comprehensive market research report offers key insights and a detailed analysis of the industry, crucial for stakeholders looking to understand market trends and make informed decisions.

Ethylene Carbonate, a polar solvent with low toxicity, boasts a broad range of applications— from playing a critical role in the manufacturing of lithium-ion batteries and polymers, to being utilized in the gas washing process and as an intermediate in the synthesis of polycarbonate diol. Its increasing usage in photochromic treatments further widens its commercial potential.

Being the initial point for decision-making, this report will provide you with a complete understanding of the market, product segmentation, and regional outlook. You will find in-depth analysis of leading competitors, allowing you to position your business optimally in a competitive marketplace. It provides a roadmap for navigating this dynamic market, offering predictions for growth and analysis of key factors that will impact the future of the global Ethylene Carbonate market.

The global ethylene carbonate market size reached US$ 311.3 Million in 2022. Looking forward, the publisher expects the market to reach US$ 434.1 Million by 2028, exhibiting a CAGR of 5.7% during 2022-2028.

Ethylene carbonate (C3H4O3) is a polar solvent with low toxicity and high boiling point and solubility for polymers. It is a clear crystalline solid, which is odorless and only slightly soluble in water. It forms a soluble salt by bonding with rust and particles found in oil and gas wells and complexing the metal ions. In addition, it decomposes the carbonates and viscosity-enhancing compounds due to its attribute of acidification. It is widely used in lithium battery electrolytes, strip solvents, fiber processing agents, capacitor electrolytes, lubricants, soil hardening agents, organic solvents, raw material for organic synthesis, and medical products.

Ethylene Carbonate Market Trends:

The growing utilization of lithium-ion batteries in electric vehicles (EVs) due to their power-to-weight ratio, energy efficiency, high-temperature performance, and low self-discharge advantage represents one of the key factors driving the market. Moreover, C3H4O3 is used as a plasticizer and precursor for manufacturing polymers and organic synthesis. This, along with the rising employment of C3H4O3 as a release agent and detergent around the world, is propelling the growth of the market. In addition, there is an increase in the usage of C3H4O3 in the gas washing process to remove contaminants from product gas. This, coupled with the growing application of C3H4O3 as an intermediate in the synthesis of polycarbonate diol worldwide, is positively influencing the market. Besides this, the escalating demand for C3H4O3 in photochromic treatments to enhance the visual acuity of individuals is offering lucrative growth opportunities to industry investors. Additionally, key market players of lithium-ion batteries are extensively investing in research and development (R&D) activities to develop a new cooling system, which is projected to increase overall sales of C3H4O3.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global ethylene carbonate market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on form, application and end use industry.

Breakup by Form:

  • Solid
  • Liquid

Breakup by Application:

  • Lubricants
  • Surface Coatings
  • Plasticizers
  • Lithium Battery Electrolytes
  • Others

Breakup by End Use Industry:

  • Automotive
  • Oil & Gas
  • Pharmaceutical
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, FUJIFILM Wako Pure Chemical Corporation, Huntsman Corporation, Merck KGaA, Mitsubishi Chemical Holdings Corporation, Otto Chemie Private Limited, Shandong Senjie Cleantech Co. Ltd., Thermo Fisher Scientific, Toagosei Co. Ltd., Tokyo Chemical Industry Co. Ltd, Vizag Chemicals International and Zhengzhou Meiya Chemical Products Co. Ltd.

Key Questions Answered in This Report

1. What was the size of the global ethylene carbonate market in 2022?
2. What is the expected growth rate of the global ethylene carbonate market during 2023-2028?
3. What has been the impact of COVID-19 on the global ethylene carbonate market?
4. What are the key factors driving the global ethylene carbonate market?
5. What is the breakup of the global ethylene carbonate market based on the form?
6. What is the breakup of the global ethylene carbonate market based on the application?
7. What is the breakup of the global ethylene carbonate market based on the end use industry?
8. What are the key regions in the global ethylene carbonate market?
9. Who are the key players/companies in the global ethylene carbonate market?
Frequently Asked Questions about the Ethylene Carbonate Market

What is the estimated value of the Ethylene Carbonate Market?

The Ethylene Carbonate Market was estimated to be valued at $311.3 Million in 2022.

What is the growth rate of the Ethylene Carbonate Market?

The growth rate of the Ethylene Carbonate Market is 5.7%, with an estimated value of $434.1 Million by 2028.

What is the forecasted size of the Ethylene Carbonate Market?

The Ethylene Carbonate Market is estimated to be worth $434.1 Million by 2028.

Who are the key companies in the Ethylene Carbonate Market?

Key companies in the Ethylene Carbonate Market include BASF SE, FUJIFILM Wako Pure Chemical Corporation, Huntsman Corporation, Merck KGaA, Mitsubishi Chemical Holdings Corporation, Otto Chemie Private Limited, Shandong Senjie Cleantech Co. Ltd., Thermo Fisher Scientific, Toagosei Co. Ltd. and Tokyo Chemical Industry Co. Ltd.

Table of Contents

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Ethylene Carbonate Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Form
6.1 Solid
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Liquid
6.2.1 Market Trends
6.2.2 Market Forecast

7 Market Breakup by Application
7.1 Lubricants
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Surface Coatings
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Plasticizers
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Lithium Battery Electrolytes
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast

8 Market Breakup by End Use Industry
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Oil & Gas
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Pharmaceutical
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast

9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast

10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 BASF SE
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 FUJIFILM Wako Pure Chemical Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Huntsman Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Merck KGaA
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Mitsubishi Chemical Holdings Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Otto Chemie Private Limited
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Shandong Senjie Cleantech Co. Ltd.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Thermo Fisher Scientific
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Toagosei Co. Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Tokyo Chemical Industry Co. Ltd
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Vizag Chemicals International
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Zhengzhou Meiya Chemical Products Co. Ltd
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio

List of Figures
Figure 1: Global: Ethylene Carbonate Market: Major Drivers and Challenges
Figure 2: Global: Ethylene Carbonate Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Ethylene Carbonate Market: Breakup by Form (in %), 2022
Figure 5: Global: Ethylene Carbonate Market: Breakup by Application (in %), 2022
Figure 6: Global: Ethylene Carbonate Market: Breakup by End Use Industry (in %), 2022
Figure 7: Global: Ethylene Carbonate Market: Breakup by Region (in %), 2022
Figure 8: Global: Ethylene Carbonate (Solid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Ethylene Carbonate (Solid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Ethylene Carbonate (Liquid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Ethylene Carbonate (Liquid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Ethylene Carbonate (Lubricants) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Ethylene Carbonate (Lubricants) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Ethylene Carbonate (Surface Coatings) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Ethylene Carbonate (Surface Coatings) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Ethylene Carbonate (Plasticizers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Ethylene Carbonate (Plasticizers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Ethylene Carbonate (Lithium Battery Electrolytes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Ethylene Carbonate (Lithium Battery Electrolytes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Ethylene Carbonate (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Ethylene Carbonate (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Ethylene Carbonate (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Ethylene Carbonate (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Ethylene Carbonate (Oil & Gas) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Ethylene Carbonate (Oil & Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Ethylene Carbonate (Pharmaceutical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Ethylene Carbonate (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Ethylene Carbonate (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Ethylene Carbonate (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: North America: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: North America: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: United States: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: United States: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Canada: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Canada: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Asia-Pacific: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Asia-Pacific: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: China: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: China: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Japan: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Japan: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: India: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: India: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: South Korea: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: South Korea: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Australia: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Australia: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Indonesia: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Indonesia: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Others: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Others: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Europe: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Europe: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Germany: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Germany: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: France: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: France: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: United Kingdom: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: United Kingdom: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Italy: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Italy: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Spain: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Spain: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Russia: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Russia: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Others: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Others: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Latin America: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Latin America: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Brazil: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Brazil: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Mexico: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Mexico: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Others: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Others: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Middle East and Africa: Ethylene Carbonate Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Middle East and Africa: Ethylene Carbonate Market: Breakup by Country (in %), 2022
Figure 78: Middle East and Africa: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Global: Ethylene Carbonate Industry: SWOT Analysis
Figure 80: Global: Ethylene Carbonate Industry: Value Chain Analysis
Figure 81: Global: Ethylene Carbonate Industry: Porter's Five Forces Analysis

List of Tables
Table 1: Global: Ethylene Carbonate Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Ethylene Carbonate Market Forecast: Breakup by Form (in Million US$), 2023-2028
Table 3: Global: Ethylene Carbonate Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Ethylene Carbonate Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 5: Global: Ethylene Carbonate Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Ethylene Carbonate Market: Competitive Structure
Table 7: Global: Ethylene Carbonate Market: Key Players

Companies Mentioned

  • BASF SE
  • FUJIFILM Wako Pure Chemical Corporation
  • Huntsman Corporation
  • Merck KGaA
  • Mitsubishi Chemical Holdings Corporation
  • Otto Chemie Private Limited
  • Shandong Senjie Cleantech Co. Ltd.
  • Thermo Fisher Scientific
  • Toagosei Co. Ltd.
  • Tokyo Chemical Industry Co. Ltd
  • Vizag Chemicals International
  • Zhengzhou Meiya Chemical Products Co. Ltd.

Methodology

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