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Rapid urbanization and rising living standards have fueled the rise of the automobile sector. Because ethylene carbonate is used as a solvent in lubricants, growth in the automobile sector has resulted in a higher need for lubricants, which has boosted ethylene carbonate market demand. Lithium-ion batteries are widely utilized in electric vehicles since they are lighter and need less charging time than conventional lead batteries. The growing demand for electric vehicles will eventually fuel the expansion of the ethylene carbonate industry.
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Ethylene Carbonate Market|2022-2029 Ethylene Carbonate Market is Segmented By Form (Solid, Liquid), By Application (Lubricants, Lithium Battery Electrolytes, Plasticizers, Surface Coating, Capacitor Electrolyte, Resist Strip Solvents, Fiber Processing Agents, Soil Hardening Agents, Others), By End-user (Automotive, industrial, Medical, Oil & Gas, Personal Care & Hygiene, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) – Global Industry Size, Share, Trends, Value, Demand, and Competitive Landscape Analysis Report 2022- 2029 Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com
Ethylene Carbonate Market|2022-2029 Ethylene Carbonate Market Size and Growth According to DataM Intelligence, the Ethylene Carbonate Market was worth $288.0 million, and it is expected to be worth $418.5 million by 2029. From 2022 to 2029, the market is expected to increase at a CAGR of 6.8%. Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com
Ethylene Carbonate Market|2022-2029 Introduction Introduction Because ethylene carbonate is a highly polar solvent that dissolves a significant quantity of electrolyte, it is mostly employed in the electrolyte solution of lithium batteries. It may also dissolve polymers easily, making it useful as a releasing agent and detergent. Its product is of good quality, with minimal impurities and moisture levels. It has a stellar reputation for adhering to stringent quality requirements. Rapid urbanization and rising living standards have fueled the rise of the automobile sector. Because ethylene carbonate is used as a solvent in lubricants, growth in the automobile sector has resulted in a higher need for lubricants, which has boosted ethylene carbonate market demand. Lithium ion batteries are widely utilized in electric vehicles since they are lighter and need less charging time than conventional lead batteries. The growing demand for electric vehicles will eventually fuel the expansion of the ethylene carbonate industry. Lithium-ion batteries are commonly found in electronic devices such as cell phones, tablets, and medical equipment. Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com
Ethylene Carbonate Market|2022-2029 TPO Roofing Installation TPO Roofing Installation Ethylene Carbonate Market Segmentation Analysis: Market is segmented on the by form, by application, by end-use, and by region By Form By form, the market is divided into solid and liquid. In 2019, the solid category dominated the market. However, due to the widespread usage of ethylene carbonate as an electrolyte in lithium-ion batteries, the liquid sector is likely to develop at a faster rate throughout the projection period. Browse BrowseFull FullReport Report@ @ https https: ://www //www. .datamintelligence datamintelligence. .com/research com/research- -report/ethylene report/ethylene- -carbonate carbonate- -market market Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com
Ethylene Carbonate Market|2022-2029 By Application Lubricants, surface coatings, plasticizers, lithium battery electrolytes, and other applications comprise the market. Because of their widespread usage in the automobile sector, lubricants dominated the market in 2019. However, the lithium battery electrolytes sector is predicted to develop at a faster rate during the forecast period, owing to a growth in the usage of electric cars and a trend toward clean energy to reduce carbon emissions. By End-Use Lubricants, surface coatings, plasticizers, lithium battery electrolytes, and other applications comprise the market. Because of their widespread usage in the automobile sector, lubricants dominated the market in 2019. However, the lithium battery electrolytes sector is predicted to develop at a faster rate during the forecast period, owing to a growth in the usage of electric cars and a trend toward clean energy to reduce carbon emissions. Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com
Ethylene Carbonate Market|2022-2029 By Region The market is researched throughout North America, Europe, Asia-Pacific, and Latin America. Because of the existence of significant firms in the automotive and chemical sectors, North America led the market in 2019. However, due to expanded automotive sector and expansion in the electric vehicle industry, Asia-Pacific is predicted to grow at a faster rate throughout the projection period. Ethylene Carbonate Market Key Players: The key players in the Ethylene Carbonate market are Asahi Kasei Corp, BASF SE, Cole-Parmer Instrument Company, LLC, Empower Materials, Huntsman Corporation, Merck KGaA, Mitsubishi Chemicals, Prasol Chemicals Lts, Thermo Fisher Scientific, and Vizag Chemicals International. Browse Sample Link Browse Sample Link@ https://www.datamintelligence.com/download-sample/ethylene-carbonate-market Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com
Ethylene Carbonate Market|2022-2029 Regional Outlook The North American region is the U.S. like and divided into countries like Canada. The Europe region is categorized into U.K., France, Germany, Italy, Spain, Russia and Rest of Europe. On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). The Latin America region is segmented into Brazil, Mexico and Rest of Latin America and the MEA region is segmented into GCC, Turkey, South Africa and Rest of MEA. Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com
Ethylene Carbonate Market|2022-2029 Ethylene Carbonate Market Ethylene Carbonate Market By Application By End User By Form • Lithium Battery Electrolytes • • • • • Automotive Industrial Medical Oil & Gas Personal Care & Hygiene Others • • Solid Liquid • Lubricants • Plasticizers • Surface Coatings • Capacitor Electrolytes • • Resist Strip Solvents • Fiber Processing Agents • Soil Hardening Agents • Others Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com
Ethylene Carbonate Market|2022-2029 Major Countries Focused: Major Countries Focused: Geographical Classification Geographical Classification • • • • • North America Europe South America Asia Pacific Middle East and Africa • • • • • • • • • • • United States Canada Brazil Spain Italy United Kingdom South Korea Russia China Japan Rest of the Countries Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com
Ethylene Carbonate Market|2022-2029 Some of the Major Companies Covered Some of the Major Companies Covered in Ethylene Carbonate Market in Ethylene Carbonate Market • Oriental Union Chemical Corporation • BASF SE • RX Marine International • Huntsman • Fujifilm Wako Pure Chemical Corporation • Mitsubishi Chemical • Taixing Taida Fine Chemical Co. Ltd • Asahi Kasei • Alfa Aesar • New Japan Chemical Co. Ltd • Empower Materials • Shandong Shida Shenghua Chemical Group (*LIST NOT EXHAUSTIVE) • Tokyo Chemical Industry Copy Right: DataM Intelligence 4Market Research info@datamintelligence.com
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