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Ethylene Carbonate Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

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from $4,850 250 Pages Fortune Business Insights Pvt. Ltd. November, 2024 FOB19302824
Best Price Guarantee
Price from $4,850
Length 250 Pages
Publisher Fortune Business Insights Pvt. Ltd.
Published Date November, 2024
SKU FOB19302824

Ethylene Carbonate Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Ethylene Carbonate Market

The ethylene carbonate market size was valued at USD 150.5 million in 2022, and the market is now projected to grow from USD 165.2 million in 2023 to USD 344.3 million by 2030, exhibiting a CAGR of 11.1% during the forecast period of 2023-2030.

Government has put restrictions on social gatherings, events and moving out from home which make the people homesick. Numerous companies are encountering hurdles due to covid pandemic as the outbreak situation has curtailed production and supply chain which has hindered the market switched to treating covid patients as priority over the other procedures which led the ethylene carbonate market growth. People were obliged to stay at home because of lockdown procedures during the COVID-19 pandemic. Almost all industrial production was stopped during the shutdown. Furthermore, the import and export limitations that excluded certain essential commodities seriously hindered the supply-demand balance. Globally, the primary industries that use the most ethylene carbonate generated are automotive, lubricants, polymers, and resins.

The use of lithium-ion batteries and supercapacitors is expected to propel market expansion during projected period. Additionally, the substance helps graphite anode reverse reactions with lithium ions for hundreds of cycles by facilitating the formation of a solid electrolyte interface (SEI) on the surface of graphitic carbons. It therefore provides great range and extends the life of a battery. Its high melting point and high viscosity reduce its low-temperature performance and rate capacity.

Vehicle electrification trend to fuel ethylene carbonate market growth during projected period. Electric vehicles have become the go-to option for lowering carbon emissions from the transportation sector. The electrification of the car sector has seen massive expenditures due to the momentum surrounding sustainable energy. As a result, sales of electric vehicles have increased dramatically while maintaining their improved performance and efficiency.

Comprehensive Analysis of Ethylene Carbonate Market

The ethylene carbonate market and chemicals & advanced materials industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the chemicals & advanced materials benefit management industry. These segmentations are methodically segregated by Grade, Application and by end users. The Grade segmentations include Battery Grade, Electronic Grade, and Industrial Grade, By Application segmentations include Lithium Battery Electrolyte, Semiconductor, Lubricants, Polymers & Resins, and Others, and by End-use segmentations include Automotive, Healthcare, Electronics, Industrial, and Others.

The Asia Pacific region lead the ethylene carbonate market by benefitting a market size of USD 93.59 million in 2022 owing to increased demand throughout the coming years for lithium battery electrolytes and Vehicle Electrification.

The top players in the market play a crucial role in the chemicals & advanced materials industry assuring industrial prospectus growth and setting market standards. These players include, BASF SE (Germany), Huntsman International LLC (U.S.), Indorama Ventures Public Company Limited (Thailand), Lotte Chemical (South Korea), Mitsubishi Chemical Group Corporation (Japan), Hi-Tech Spring (China), Oriental Union Chemical Corporation (OUCC) (Taiwan), Shandong Haike Chemical Group (China), Shandong Shida Shenghua Chemical Group Co. Ltd. (China), Toagosei Co., Ltd. (Japan) these market players provide a level-playing competitive landscape.

In August 2022, As part of IVL's Vision 2030, Indorama Ventures Public Company Limited & Capchem Technology USA Inc. teamed up to construct a new lithium-ion battery solvents plant on the US Gulf Coast.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Unit Value (USD Million) and Volume (Kilotons)

Growth Rate CAGR of 11.1% from 2023-2030

Segmentation

By Grade

Battery Grade

Electronic Grade

Industrial Grade

By Application

Lithium Battery Electrolyte

Polymers & Resins

Semiconductor

Lubricants

Others

By End-use

Automotive

Electronics

Industrial

Healthcare

Others

By Geography

North America (By Grade, Application, End-use, Country)

U.S. (By End-use)

Canada (By End-use)

Europe (By Grade, Application, End-use, Country)

Germany (By End-use)

U.K. (By End-use)

France (By End-use)

Italy (By End-use)

Rest of Europe (By End-use)

Asia Pacific (By Grade, Application, End-use, Country)

China (By End-use)

India (By End-use)

Japan (By End-use)

Rest of Asia Pacific (By End-use)

Latin America (By Grade, Application, End-use, Country)

Brazil (By End-use)

Mexico (By End-use)

Rest of Latin America (By End-use)

Middle East & Africa (By Grade, Application, End-use, Country)

GCC (By End-use)

South Africa (By End-use)

Rest of the Middle East & Africa (By End-use)

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1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Regions
4.2. Key Developments: Mergers, Acquisition, Partnership, etc.
4.3. Latest Technological Advancement
4.4. Insights on Regulatory Scenario
4.5. Porters Five Forces Analysis
5. Qualitative Insights on Impact of COVID-19 on Global Ethylene Carbonate Market
5.1. Supply Chain Analysis & Challenges due to Covid-19
5.2. Steps taken by Government / Companies to Overcome this Impact
5.3. Potential Challenges and Opportunities due to COVID-19 Outbreak
6. Global Ethylene Carbonate Market Analysis, Insights and Forecast, 2019-2030
6.1. Key Findings / Summary
6.2. By Grade (Value & Volume)
6.2.1. Battery Grade
6.2.2. Electronic Grade
6.2.3. Industrial Grade
6.3. By Application (Value & Volume)
6.3.1. Lithium Battery Electrolyte
6.3.2. Polymers & Resins
6.3.3. Semiconductor
6.3.4. Lubricants
6.3.5. Others
6.4. By End Use (Value & Volume)
6.4.1. Automotive
6.4.2. Electronics
6.4.3. Industrial
6.4.4. Healthcare
6.4.5. Others
6.5. By Region (Value & Volume)
6.5.1. North America
6.5.2. Europe
6.5.3. Asia Pacific
6.5.4. Latin America
6.5.5. Middle East & Africa
7. North America Ethylene Carbonate Market Analysis, Insights and Forecast, 2019-2030
7.1. Key Findings / Summary
7.2. By Grade (Value & Volume)
7.2.1. Battery Grade
7.2.2. Electronic Grade
7.2.3. Industrial Grade
7.3. By Application (Value & Volume)
7.3.1. Lithium Battery Electrolyte
7.3.2. Polymers & Resins
7.3.3. Semiconductor
7.3.4. Lubricants
7.3.5. Others
7.4. By End Use (Value & Volume)
7.4.1. Automotive
7.4.2. Electronics
7.4.3. Industrial
7.4.4. Healthcare
7.4.5. Others
7.5. By Country (Value & Volume)
7.5.1. U.S
7.5.1.1. By End Use (Value & Volume)
7.5.1.1.1. Automotive
7.5.1.1.2. Electronics
7.5.1.1.3. Industrial
7.5.1.1.4. Healthcare
7.5.1.1.5. Others
7.5.2. Canada
7.5.2.1. By End Use (Value & Volume)
7.5.2.1.1. Automotive
7.5.2.1.2. Electronics
7.5.2.1.3. Industrial
7.5.2.1.4. Healthcare
7.5.2.1.5. Others
8. Europe Ethylene Carbonate Market Analysis, Insights and Forecast, 2019-2030
8.1. Key Findings / Summary
8.2. By Grade (Value & Volume)
8.2.1. Battery Grade
8.2.2. Electronic Grade
8.2.3. Industrial Grade
8.3. By Application (Value & Volume)
8.3.1. Lithium Battery Electrolyte
8.3.2. Polymers & Resins
8.3.3. Semiconductor
8.3.4. Lubricants
8.3.5. Others
8.4. By End Use (Value & Volume)
8.4.1. Automotive
8.4.2. Electronics
8.4.3. Industrial
8.4.4. Healthcare
8.4.5. Others
8.5. By Country (Value & Volume)
8.5.1. Germany
8.5.1.1. By End Use (Value & Volume)
8.5.1.1.1. Automotive
8.5.1.1.2. Electronics
8.5.1.1.3. Industrial
8.5.1.1.4. Healthcare
8.5.1.1.5. Others
8.5.2. France
8.5.2.1. By End Use (Value & Volume)
8.5.2.1.1. Automotive
8.5.2.1.2. Electronics
8.5.2.1.3. Industrial
8.5.2.1.4. Healthcare
8.5.2.1.5. Others
8.5.3. U.K.
8.5.3.1. By End Use (Value & Volume)
8.5.3.1.1. Automotive
8.5.3.1.2. Electronics
8.5.3.1.3. Industrial
8.5.3.1.4. Healthcare
8.5.3.1.5. Others
8.5.4. Italy
8.5.4.1. By End Use (Value & Volume)
8.5.4.1.1. Automotive
8.5.4.1.2. Electronics
8.5.4.1.3. Industrial
8.5.4.1.4. Healthcare
8.5.4.1.5. Others
8.5.5. Spain
8.5.5.1. By End Use (Value & Volume)
8.5.5.1.1. Automotive
8.5.5.1.2. Electronics
8.5.5.1.3. Industrial
8.5.5.1.4. Healthcare
8.5.5.1.5. Others
8.5.6. Rest of Europe
8.5.6.1. By End Use (Value & Volume)
8.5.6.1.1. Automotive
8.5.6.1.2. Electronics
8.5.6.1.3. Industrial
8.5.6.1.4. Healthcare
8.5.6.1.5. Others
9. Asia-Pacific Ethylene Carbonate Market Analysis, Insights and Forecast, 2019-2030
9.1. Key Findings / Summary
9.2. By Grade (Value & Volume)
9.2.1. Battery Grade
9.2.2. Electronic Grade
9.2.3. Industrial Grade
9.3. By Application (Value & Volume)
9.3.1. Lithium Battery Electrolyte
9.3.2. Polymers & Resins
9.3.3. Semiconductor
9.3.4. Lubricants
9.3.5. Others
9.4. By End Use (Value & Volume)
9.4.1. Automotive
9.4.2. Electronics
9.4.3. Industrial
9.4.4. Healthcare
9.4.5. Others
9.5. By Country (Value & Volume)
9.5.1. China
9.5.1.1. By End Use (Value & Volume)
9.5.1.1.1. Automotive
9.5.1.1.2. Electronics
9.5.1.1.3. Industrial
9.5.1.1.4. Healthcare
9.5.1.1.5. Others
9.5.2. Japan
9.5.2.1. By End Use (Value & Volume)
9.5.2.1.1. Automotive
9.5.2.1.2. Electronics
9.5.2.1.3. Industrial
9.5.2.1.4. Healthcare
9.5.2.1.5. Others
9.5.3. South Korea
9.5.3.1. By End Use (Value & Volume)
9.5.3.1.1. Automotive
9.5.3.1.2. Electronics
9.5.3.1.3. Industrial
9.5.3.1.4. Healthcare
9.5.3.1.5. Others
9.5.4. Rest of Asia Pacific
9.5.4.1. By End Use (Value & Volume)
9.5.4.1.1. Automotive
9.5.4.1.2. Electronics
9.5.4.1.3. Industrial
9.5.4.1.4. Healthcare
9.5.4.1.5. Others
10. Latin America Ethylene Carbonate Market Analysis, Insights and Forecast, 2019-2030
10.1. Key Findings / Summary
10.2. By Grade (Value & Volume)
10.2.1. Battery Grade
10.2.2. Electronic Grade
10.2.3. Industrial Grade
10.3. By Application (Value & Volume)
10.3.1. Lithium Battery Electrolyte
10.3.2. Polymers & Resins
10.3.3. Semiconductor
10.3.4. Lubricants
10.3.5. Others
10.4. By End Use (Value & Volume)
10.4.1. Automotive
10.4.2. Electronics
10.4.3. Industrial
10.4.4. Healthcare
10.4.5. Others
10.5. By Country (Value & Volume)
10.5.1. Brazil
10.5.1.1. By End Use (Value & Volume)
10.5.1.1.1. Automotive
10.5.1.1.2. Electronics
10.5.1.1.3. Industrial
10.5.1.1.4. Healthcare
10.5.1.1.5. Others
10.5.2. Mexico
10.5.2.1. By End Use (Value & Volume)
10.5.2.1.1. Automotive
10.5.2.1.2. Electronics
10.5.2.1.3. Industrial
10.5.2.1.4. Healthcare
10.5.2.1.5. Others
10.5.3. Rest of Latin America
10.5.3.1. By End Use (Value & Volume)
10.5.3.1.1. Automotive
10.5.3.1.2. Electronics
10.5.3.1.3. Industrial
10.5.3.1.4. Healthcare
10.5.3.1.5. Others
11. Middle East & Africa Ethylene Carbonate Market Analysis, Insights and Forecast, 2019-2030
11.1. Key Findings / Summary
11.2. By Grade (Value & Volume)
11.2.1. Battery Grade
11.2.2. Electronic Grade
11.2.3. Industrial Grade
11.3. By Application (Value & Volume)
11.3.1. Lithium Battery Electrolyte
11.3.2. Polymers & Resins
11.3.3. Semiconductor
11.3.4. Lubricants
11.3.5. Others
11.4. By End Use (Value & Volume)
11.4.1. Automotive
11.4.2. Electronics
11.4.3. Industrial
11.4.4. Healthcare
11.4.5. Others
11.5. By Country (Value)
11.5.1. GCC
11.5.1.1. By End Use (Value & Volume)
11.5.1.1.1. Automotive
11.5.1.1.2. Electronics
11.5.1.1.3. Industrial
11.5.1.1.4. Healthcare
11.5.1.1.5. Others
11.5.2. South Africa
11.5.2.1. By End Use (Value & Volume)
11.5.2.1.1. Automotive
11.5.2.1.2. Electronics
11.5.2.1.3. Industrial
11.5.2.1.4. Healthcare
11.5.2.1.5. Others
11.5.3. Rest of Middle East and Africa
11.5.3.1. By End Use (Value & Volume)
11.5.3.1.1. Automotive
11.5.3.1.2. Electronics
11.5.3.1.3. Industrial
11.5.3.1.4. Healthcare
11.5.3.1.5. Others
12. Company Profiles
12.1. BASF SE
12.1.1. Overview
12.1.2. Description
12.1.3. Grade Portfolio
12.1.4. Financials (Data as available in public domain and/or on paid databases)
12.1.5. Recent Developments
12.2. Hi-Tech Spring
12.2.1. Overview
12.2.2. Description
12.2.3. Grade Portfolio
12.2.4. Financials (Data as available in public domain and/or on paid databases)
12.2.5. Recent Developments
12.3. Huntsman International LLC
12.3.1. Overview
12.3.2. Description
12.3.3. Grade Portfolio
12.3.4. Financials (Data as available in public domain and/or on paid databases)
12.3.5. Recent Developments
12.4. Indorama Ventures Public Company Limited
12.4.1. Overview
12.4.2. Description
12.4.3. Grade Portfolio
12.4.4. Financials (Data as available in public domain and/or on paid databases)
12.4.5. Recent Developments
12.5. Lotte Chemical
12.5.1. Overview
12.5.2. Description
12.5.3. Grade Portfolio
12.5.4. Financials (Data as available in public domain and/or on paid databases)
12.5.5. Recent Developments
12.6. Mitsubishi Chemical Group Corporation
12.6.1. Overview
12.6.2. Description
12.6.3. Grade Portfolio
12.6.4. Financials (Data as available in public domain and/or on paid databases)
12.6.5. Recent Developments
12.7. Oriental Union Chemical Corporation (OUCC)
12.7.1. Overview
12.7.2. Description
12.7.3. Grade Portfolio
12.7.4. Financials (Data as available in public domain and/or on paid databases)
12.7.5. Recent Developments
12.8. Shandong Haike Chemical Group
12.8.1. Overview
12.8.2. Description
12.8.3. Grade Portfolio
12.8.4. Financials (Data as available in public domain and/or on paid databases)
12.8.5. Recent Developments
12.9. Shandong Shida Shenghua Chemical Group Co. Ltd.
12.9.1. Overview
12.9.2. Description
12.9.3. Grade Portfolio
12.9.4. Financials (Data as available in public domain and/or on paid databases)
12.9.5. Recent Developments
12.10. Toagosei Co., Ltd.
12.10.1. Overview
12.10.2. Description
12.10.3. Grade Portfolio
12.10.4. Financials (Data as available in public domain and/or on paid databases)
12.10.5. Recent Developments
13. Strategic Recommendations

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