According to the current analysis of Reports and Data, the global Ethylene Carbonate market was valued at USD 0.28 Billion in 2020 and is expected to reach USD 493.2 Million by year 2028, at a CAGR of 6%. The study covers the genre of chemicals and materials with special focus on the ethylene carbonate market. Ethylene Carbonate is an organic compound that holds the capacity of dissolving large amounts of electrolytes. It is a highly polar solvent in nature. The compound is said to have a melting point at a temperature of 39.5°C and a boiling point of 248°C. The compound can be used in various industries such as, automotive, oil and gas, medical etc. The continuous research and development to expand the domains of application of ethylene carbonates has been one of the factors propelling the market and increasing its demand. The rising demand for lithium batteries electrolytes are accelerating the demand for ethylene carbonates in the market.
Leading Players– Mitsubishi Chemicals, BASF SE, Huntsman, Asahi Kasei and Toagosei Co. Ltd.
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Form (Revenue, USD Million; 2020–2028)
Application (Revenue, USD Million; 2020–2028)
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