Ethylene Carbonate Market Insights
Ethylene Carbonate is a cyclic chemical compound which is manufactured by reaction between ethylene oxide and carbon dioxide. It is an organic compound with fruity odor and has colorless to yellowish solid color. This carbonate ester is a highly polar solvent and dissolves large amount of electrolyte, largely used in lithium-ion batteries. They possess high boiling point, high polarity, and superior solubility, which makes it an ideal solvent for coating, dyes, plasticizer, among others.
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Based on form, the Global Ethylene Carbonate Market has been segmented into liquid and solid. The liquid form segment dominated the market in 2019 and is expected to register for the highest CAGR in the coming years due to the growing consumption for the product in lithium battery electrolytes, fiber processing agents; and solvents in coatings and dyes.
Key players:
OUCC
BASF SE
Mitsubishi Chemical Corporation
Huntsman International LLC
TOAGOSEI CO.LTD.
New Japan Chemical Co.Ltd.
Zibo Donghai Industries Co.,Ltd.
Shandong Senjie Cleantech Co.Ltd
Alchem Chemical Company
Merck KGaA
PANAX ETEC
Market Segmentation
The Global Ethylene Carbonate Market has been segmented on the basis of form, purity, application, end-use industry, and region.
On the basis of form, the global ethylene carbonate market has been bifurcated into solid and liquid.
By purity, the global ethylene carbonate market has been categorized divided into high purity (>99%), medium purity (96 to 99%), and low purity (