Ethylene carbonate (EC) is a chemical molecule of the esters family. It has both carbonic acid and alcohol functional groups, making it useful in a variety of applications. Liquid ethylene carbonate (LEC) is frequently utilised in the manufacture of high-density polymers that are resistant to impact or chemical deterioration. Solid ethylene carbonate is used as an ingredient in the production of cosmetics, pharmaceuticals, and solder fluxes. It is used as a solvent in the oil and gas sector to assist lower viscosity during drilling operations at high temperatures or extreme pressures when other fluids would be too thin to perform properly.
Ethylene Carbonate Market was valued at USD 416.01 Million in 2021, and it is expected to reach USD 1,161.95 Million by 2029, exhibiting a CAGR of 13.7 % during the forecast period (2022-2029)
Market Scope:
The "Global Ethylene Carbonate Market Analysis" is a specialized and extensive examination of the Ethylene Carbonate market, with a particular emphasis on global market trends and analysis. The purpose of this study is to give an overview of the Ethylene Carbonate market, as well as extensive market segmentation by connection type, end-use, and geography. During the projected period, the Ethylene Carbonate market is predicted to develop rapidly. The research provides important information on the market position of the main Ethylene Carbonate major players, as well as significant market trends and opportunities.
The research method used to assess and anticipate the Ethylene Carbonate market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, vendor offerings are also considered. Using the bottom-up method, the whole size of the Ethylene Carbonate market was calculated using the revenue of significant enterprises.
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Ethylene Carbonate Market Overview:
The Ethylene Carbonate Market will be thoroughly examined by component, application, industry, and geography in this report. The article discusses the key elements affecting the market for Ethylene Carbonate. The analysis provides a thorough review of the market's value chain as well.
Segmentation:
Based on Form, solid form dominated the global Ethylene Carbonate market with a revenue share of more than 50.0% in 2021. This is due to increased use in a variety of applications such as chemical intermediates, solvents, plasticizers, and lubricants. In these applications, EC in solid form is primarily employed to serve end-use sectors like as automotive, medical, chemical, and industrial. Solid ethylene carbonate is used in the production of cosmetics, medicines, and soldering fluxes. Furthermore, it is utilised as a solvent in the oil and gas sector to aid lower viscosity during high temperature or extreme pressure drilling operations where other fluids are too thin to operate efficiently.
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Key Players:
The major players covered in the Ethylene Carbonate market report are
• OUCC
• Mitsubishi Chemical Holdings Corporation
• FUJIFILM Wako Pure Chemical Corporation
• TAOGOSEI CO. LTD.
• BASF S
• New Japan Chemical Co. Ltd
• Otto Chemie Pvt. Ltd.
• TCI Chemicals (India) Pvt. Ltd.
• Vizag Chemical
• Shandong Senjie Cleantech Co.
• Merck KGaA
• Huntsman International LLC
• Lixing Chemical
• Alfa Aesar
• Shandong Shida Shenghua Chemical Group
• Thermo Fisher Scientific
• Empower Materials
• Lixing Chemical
• RX Marine International
• ZIBO DONGHAI INDUSTRIES CO. LTD.
Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Ethylene Carbonate Market:
Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Ethylene Carbonate market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Ethylene Carbonate industry, which is driving through the COVID-19 emergency to handle risk digitising jobs in order to convey trusted data and experiences to the CEOs.
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Key Questions Answered in the Ethylene Carbonate Market Report are:
Which segment grabbed the largest share in the Ethylene Carbonate market?
How was the competitive scenario of the Ethylene Carbonate market in 2020?
Which are the key factors responsible for the Ethylene Carbonate market growth?
Which region held the maximum share in the Ethylene Carbonate market in 2020?
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Maximize Market Research provides B2B and B2C market research on 20,000 high-growth emerging technologies opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics Communications, the Internet of Things, Food and Beverages, Aerospace and Defense, and other manufacturing sectors.
Maximize Market Research provides B2B and B2C market research on 20,000 high-growth emerging technologies opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics Communications, the Internet of Things, Food and Beverages, Aerospace and Defense, and other manufacturing sectors.
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