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Ethylene Carbonate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global ethylene carbonate market reached a value of US$ 292.3 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 412.53 Million by 2027, exhibiting a CAGR of 5.70% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

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:

IMARC Group provides an analysis of the key trends in each sub-segment of the global ethylene carbonate market, along with forecasts at the global, regional and country level from 2022-2027. 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Form, Application, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global ethylene carbonate market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global ethylene carbonate market?
  • What are the key regional markets?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global ethylene carbonate market and who are the key players?
  • What is the degree of competition in the industry?

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$), 2016-2021
Figure 3: Global: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Ethylene Carbonate Market: Breakup by Form (in %), 2021
Figure 5: Global: Ethylene Carbonate Market: Breakup by Application (in %), 2021
Figure 6: Global: Ethylene Carbonate Market: Breakup by End Use Industry (in %), 2021
Figure 7: Global: Ethylene Carbonate Market: Breakup by Region (in %), 2021
Figure 8: Global: Ethylene Carbonate (Solid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Ethylene Carbonate (Solid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Ethylene Carbonate (Liquid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Ethylene Carbonate (Liquid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Ethylene Carbonate (Lubricants) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Ethylene Carbonate (Lubricants) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Ethylene Carbonate (Surface Coatings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Ethylene Carbonate (Surface Coatings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Ethylene Carbonate (Plasticizers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Ethylene Carbonate (Plasticizers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Ethylene Carbonate (Lithium Battery Electrolytes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Ethylene Carbonate (Lithium Battery Electrolytes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Ethylene Carbonate (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Ethylene Carbonate (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Ethylene Carbonate (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Ethylene Carbonate (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Ethylene Carbonate (Oil & Gas) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Ethylene Carbonate (Oil & Gas) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Ethylene Carbonate (Pharmaceutical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Ethylene Carbonate (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Ethylene Carbonate (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Ethylene Carbonate (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Ethylene Carbonate Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Ethylene Carbonate Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Ethylene Carbonate Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Ethylene Carbonate Market Forecast: Breakup by Form (in Million US$), 2022-2027
Table 3: Global: Ethylene Carbonate Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Ethylene Carbonate Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 5: Global: Ethylene Carbonate Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Ethylene Carbonate Market: Competitive Structure
Table 7: Global: Ethylene Carbonate Market: Key Players


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