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Global Ethylene Carbonate Market Overview: <br>According to MRFR analysis, the global ethylene carbonate market was valued at USD 263.5 million in 2017 and is estimated to reach USD 368.2 million with a robust CAGR of 6.3% during the forecast period. There is a surging demand for ethylene carbonate in lithium-ion electrolytes and lubricants which is expected to drive the global market growth. Growing need for high power and energy density is likely to increase the demand for safe and reliable batteries for automotive and consumer electronics industry. <br>Free Sample Request Report @ https://www.marketresearchfuture.com/sample_request/7335<br>
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Ethylene Carbonate Market Research Report – Global Forecast till 2023
Ethylene Carbonate Market Research Report – Global Forecast till 2023 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 REQUEST SAMPLE VIEW REPORTS PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Ethylene Carbonate Market - 2023 Ethylene Carbonate Market Research Report — by Form (Liquid, Solid), Purity (High Purity (>99%), Medium Purity (96 to 99%)), Application (Polyethylene Terephthalate (PET) Polyester), End-Use Industry (Carpets and Rugs), Region — Global Forecast to 2023 Market overview: Ethylene carbonate is an organic chemical compound with formula (CH2O)2CO which is produced by reacting ethylene oxide and carbon dioxide in the presence of a catalyst. It is colorless in nature with a fruity essence. This carbonate ester of ethylene glycol exhibits relatively enhanced solubility, polarity, and higher boiling point when compared to other conventional solvents. It is widely used as a high permittivity component of electrolytes in lithium-ion batteries. In addition to this, it is used as solvent for dyes, plastics production, coatings, and as an intermediate in production of polycarbonate diols. According to MRFR analysis, the global ethylene carbonate market was valued at USD 263.5 million in 2017 and is estimated to reach USD 368.2 million with a robust CAGR of 6.3% during the forecast period. There is a surging demand for ethylene carbonate in lithium-ion electrolytes and lubricants which is expected to drive the global market growth. Growing need for high power and energy density is likely to increase the demand for safe and reliable batteries for automotive and consumer electronics industry. Furthermore, rising automotive industry in Asia-Pacific is likely to favor the market growth in the coming years. Moreover, rapid industrialization in emerging economies of Asia-Pacific and the Middle East & Africa is anticipated to positively influence the market growth. Growing adoption of new advanced lithium-ion batteries is expected to offer lucrative opportunities to the market players. In addition to this, growing R&D facilities for bio-based plasticizers is further anticipated to provide ample opportunities to the manufacturers. However, volatile raw material prices and environmental regulations owing to the product’s toxicity is expected to hamper the market growth in the coming years. In addition to this, high production costs and transport costs is further anticipated to restrain the market growth during the review period. www.marketresearchfuture.com
Ethylene Carbonate Market - 2023 Regional analysis: The global ethylene carbonate market has been segmented into five key regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The Asia-Pacific dominated the global market in 2017 and is expected to register the highest CAGR during the forecast period owing to the growing demand for the product in automotive industry. Factors such as large consumer base, growing industrial establishments, and rising demand for the product in oil and gas industry are likely to propel the regional market growth. China and India are the major countries atrributing to the regional market growth owing to the growing demand for the product in electric vehicles and lubricants, growing population, and growing automotive facilities. The North American market was the second-largest and is likely to grow at a significant CAGR during the review period owing to the growing awareness of consumption of ethylene carbonate as synthetic fibres in textile industry. Segmentation analysis: The global ethylene carbonate market has been segmented on the basis of form, purity, application, end-use industry, and region. Based on form, the global ethylene carbonate market has been bifurcated into solid and liquid. By purity, the global ethylene carbonate market has been classified into high purity (>99%), medium purity (96 to 99%), and low purity (<96%). On the basis of application, the global ethylene carbonate market has been divided lithium battery electrolytes, lubricants, plasticizers, surface coatings, chemical intermediate, fiber processing agents, dyes, and others. Based on end-use industry, the global ethylene carbonate market has been categorized into automotive, oil & gas, medical, personal care & hygiene, chemical, textile, and others The global ethylene carbonate market has been studied across five major regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. www.marketresearchfuture.com
Ethylene Carbonate Market - 2023 Key players: The key players involved in the global ethylene carbonate market are OUCC (Taiwan), BASF SE (Germany), Mitsubishi Chemical Corporation (Japan), Huntsman International LLC (US), TOAGOSEI CO., LTD. (Japan), New Japan Chemical Co., Ltd. (Japan), Zibo Donghai Industries Co.,Ltd. (China), Shandong Senjie Cleantech Co., Ltd (China), Alchem Chemical Company (US), Merck KGaA (Germany), and PANAX ETEC (South Korea). Target audience: Traders and distributors of ethylene carbonate Ethylene carbonate manufacturers Potential investors Manufacturing process industries Raw material suppliers Nationalized laboratories Government bodies www.marketresearchfuture.com
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