Ethylene Carbonate Market Global Industry Analysis, Competitive Insight And Key Drivers; Research Report 2020 : 2027

The Global Ethylene Carbonate Market is projected to reach a value of over USD 476 million by 2027 at a CAGR of around 5.4%.

Ethylene Carbonate is a highly polar solvent having a high boiling point, low toxic, no odour, highly soluble for polymers.  As it is highly polar solvent its permittivity is also high thus it is widely used in electrolyte solutions in lithium-ion batteries. It is produced by the reaction between ethylene oxide and carbon dioxide with a variety of cations and complexes acting as catalysts.

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Ethylene Carbonate Market: Drivers & Challenges

Market Driver:

  • Increasing Shift Towards the Use of Electric Vehicles

The ethylene carbonate is extensive uses as an electrolyte in lithium-ion batteries. The increasing shift towards the use of electric vehicles is owing to the benefits such as cost-effectiveness, easy maintenance, reduced fuel costs, as well as fuel-efficiency. The demand is supported by the stringent regulations set by the US Environmental Protection Agency and the EU’s environmental standards to curb CO2 emission, which is expected to fuel the demand for Li-Ion batteries. Electric car deployment has been growing rapidly over the past ten years, with the global stock of electric passenger cars passing 5 million in 2018, an increase of 63% from the previous year. Around 45% of electric cars on the road in 2018 were in China – a total of 2.3 million – compared to 39% in 2017. In comparison, Europe accounted for 24% of the global fleet, and the United States 22%. Thus, the increasing shift towards the use of electric vehicles is expected to boost the demand for Li-Ion batteries which is likely to drive the global ethylene carbonate market.

Market Restraint:

  • Fluctuating Cost of the Raw Materials

Ethylene carbonate is produced by the reaction between ethylene oxide and carbon dioxide. It can also be produced from the reaction of urea and ethylene glycol using zinc oxide as a catalyst at a temperature high temperature and pressure. Volatility in the prices of these materials is a major factor likely to hamper the market growth during the assessment period. The price fluctuations are attributed to the mining and extraction of the raw materials, which are dependent on geological and geopolitical factors. Additionally, materials such as ethylene oxide, urea, and ethylene glycol are petroleum-based products, which add up the cost on account of the supply-demand gap of crude oil.

Ethylene Carbonate Market: Key Segments

  • Segmentation based on application: Lithium Battery Electrolytes, Lubricants, Plasticizers, Surface Coatings, Chemical Intermediates, Fiber Processing Agents, and Others.
  • Segmentation based on end-user industry : Automotive Industry, Oil & Gas Industry, Personal Care & Hygiene Industry, Industrial Sector, Medical Industry, and Others
  • Segmentation based on region covers: North America, Asia-Pacific, Europe, Middle East & Africa and South America, with individual country-level analysis.

Ethylene Carbonate Market: Report Scope

The report on the Ethylene Carbonate market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered

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List of the leading companies operating in the Ethylene Carbonate Market include:

  • BASF SE (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Huntsman International LLC
  • Mitsubishi Chemical Corporation
  • OUCC
  • Merck KGaA
  • New Japan Chemical Co., Ltd
  • Toagosei Co., Ltd
  • Shandong Senjie Cleantech Co., Ltd
  • Zibo Donghai Industries Co., Ltd
  • Tokyo Chemical Industry Co., Ltd

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Ethylene Carbonate Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Ethylene Carbonate Market, by Application

  • Lithium Battery Electrolytes
  • Lubricants
  • Plasticizers
  • Surface Coatings
  • Chemical Intermediates
  • Fiber Processing Agents
  • Others

Ethylene Carbonate Market, by End-User Industry

  • Automotive Industry
  • Oil & Gas Industry
  • Personal Care & Hygiene Industry
  • Industrial Sector
  • Medical Industry
  • Others

Ethylene Carbonate Market by Region

·         Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)

·         North America (US, Canada, Mexico)

·         Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)

·         Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

·         South America (Brazil, Argentina, Rest of South America)

Table of Content-

    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
    1. Introduction
    2. Drivers
      1. Increasing Shift Towards the Use of Electric Vehicles
    3. Restraint
      1. Fluctuating Cost of the Raw Materials
    4. Opportunities
      1. Massive industrial growth in Asia-Pacific and Africa
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL ETHYLENE CARBONATE MARKET BY APPLICATION, Market Size in USD Million and Volume in Tons (2019-2027)
    1. Introduction
    2. Lithium Battery Electrolytes
    3. Lubricants
    4. Plasticizers
    5. Surface Coatings
    6. Chemical Intermediates
    7. Fiber Processing Agents
    8. Others
  7. GLOBAL ETHYLENE CARBONATE MARKET BY END-USER INDUSTREY, Market Size in USD Million and Volume in Tons (2019-2027)
    1. Introduction
    2. Automotive Industry
    3. Oil & Gas Industry
    4. Personal Care & Hygiene Industry
    5. Industrial Sector
    6. Medical Industry
    7. Others
  8. GLOBAL ETHYLENE CARBONATE MARKET BY REGION, Market Size in USD Million and Volume in Tons (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
    1. BASF SE
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Huntsman International LLC
    3. Mitsubishi Chemical Corporation
    4. OUCC
    5. Merck KGaA
    6. New Japan Chemical Co., Ltd
    7. Toagosei Co., Ltd
    8. Shandong Senjie Cleantech Co., Ltd
    10. Zibo Donghai Industries Co., Ltd
    11. Tokyo Chemical Industry Co., Ltd
    12. ALFA AESAR
    13. Other Key Companies
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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