Ethylene Carbonate Market by Application (Lithium Battery Electrolytes, Lubricants, Plasticizers, Surface Coatings, Chemical Intermediates, Fiber Processing Agents), by End-User Industry (Automotive Industry, Oil & Gas Industry, Personal Care & Hygiene Industry, Industrial Sector, Medical Industry), by Region (North America, Asia Pacific, Europe, Middle East & Africa, South America) – Global Forecast (2020 to 2027)

Ethylene Carbonate Market - Global Industry Analysis and Forecast 2020 to 2027

Ethylene Carbonate Market: Summary

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.

Ethylene Carbonate Market

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 and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2020

Forecasted Period

2021-2027 (2021 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million) and Volume (Tons)

Segments Included

Application, End-Use Industry, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • 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
  • PANAX ETEC
  • Zibo Donghai Industries Co., Ltd
  • Tokyo Chemical Industry Co., Ltd
  • ALFA AESAR
  • Other Key Companies

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

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Ethylene Carbonate Market Providers
  • Ethylene Carbonate Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Ethylene Carbonate Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE ETHYLENE CARBONATE MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    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
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    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
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    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
  9. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  10. COMPANY PROFILES
    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
    9. PANAX ETEC
    10. Zibo Donghai Industries Co., Ltd
    11. Tokyo Chemical Industry Co., Ltd
    12. ALFA AESAR
    13. Other Key Companies
  11. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

 

Rep Id : CM 0115

Published : July, 2020


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