Global Ethylene Carbonate Market 2024-2028
The ethylene carbonate market is forecasted to grow by USD 223.48 mn during 2023-2028, accelerating at a CAGR of 10.32% during the forecast period. The report on the ethylene carbonate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing automotive production, increasing demand for plasticizers, and growing demand for energy storage systems.
Technavio's ethylene carbonate market is segmented as below:
By Application
- Lubricants
- Lithium battery electrolytes
- Solvents
- Photochromatic
- Others
By Type
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing demand for electric vehicles as one of the prime reasons driving the ethylene carbonate market growth during the next few years. Also, rising oil and gas extraction activities and expanding availability of raw materials and versatile range of applicability will lead to sizable demand in the market.
The report on the ethylene carbonate market covers the following areas:
- Ethylene carbonate market sizing
- Ethylene carbonate market forecast
- Ethylene carbonate market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ethylene carbonate market vendors that include Actylis, Asahi Kasei Corp., ATAMAN Kimya AS, BASF SE, Ereztech LLC, FUJIFILM Holdings Corp., Haihang Industry Co. Ltd., Merck KGaA, Mitsubishi Chemical Group Corp., National Analytical Corp., Oriental Union Chemical Corp., Otto Chemie Pvt. Ltd., Shandong Lixing Advanced Material Co. Ltd., Toagosei Co. Ltd., Tokyo Chemical Industry Co. Ltd., Vizag Chemical International, Zhengzhou Alfa Chemical Co. Ltd., Zhengzhou Meiya Chemical Products Co. Ltd., Spectrum Laboratory Products Inc., and Huntsman International LLC. Also, the ethylene carbonate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.