Stratview Research has published a new report on the Ethylene Carbonate Market by Company, Regions, Type and Application, Forecast, up to 5 years by Stratview Research offers the most up-to-date market trends as well as an industry growth estimate for 5 years. The report provides a thorough analysis of the market for the forecast period 2021-2025. It reveals a broader picture of the market situation, taking into consideration all major trends, market dynamics, and competitive factors. Moreover, the report contains key statistics concerning the situation of the key players, present, and upcoming market trends, and potential market growth areas. Eventually, these reports are designed to assist readers in retrieving information and making decisions that help to grow their business.
The report also covers analyst opinions and prospects, competitive landscapes, and key regions from both a regional and a global perspective. The report also examines several factors, including driving factors and challenges.
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Analysis of Ethylene Carbonate Market Key Manufacturers:
According to the report, the Ethylene Carbonate Market includes suppliers, product manufacturers, and OEMs. Following is a list of the Key Players in this market.
Alchem Chemical Company
New Japan Chemical
Oriental Union Chemical Corporation
Toagosei Co., Ltd.
Zibo Donghai Industries.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Ethylene Carbonate Market value and growth drivers over the trend period of 2021-26. According to the report –
Ethylene Carbonate Market is likely to witness an impressive CAGR of 6.5% during the forecast period. The major factors such as increase in demand for lithium ion battery and lubricants in the automobile and electronics industries, rapid urbanization and increase in the standard of living, growing automobile sector are the major factors expected to raise the demand for lubricants, in which ethylene carbonate is used as a solvent. In addition, the growing demand for electric vehicles is likely to fuel the growth of the ethylene carbonate market during the forecast period.
Based on Application Type:
Based on the application type, the market is segmented as lithium battery electrolytes, lubricants, and plasticizers. Lithium ion battery is expected to witness significant growth rate in the market and it is widely used in electronic gadgets such as tablets, mobile phones, and medical equipment. A large quantity of electrolytes is dissolved in ethylene carbonate, which is mainly used in lithium ion batteries’ electrolyte solution, fueling the market growth during the forecast period.
Based on Region:
In terms of regions, North America is estimated to witness significant growth over the forecast period with the U.S. and Canada being the major countries with lucrative growth opportunities in the region’s market. The preference of consumers shifting towards synthetic lubricants can be attributed to the excellent features of ethylene carbonate such as wear & tear protection, heavy load holding & low friction, and thermal stability, which is likely to boost the growth of the industry in the regional market. On the other hand, the European ethylene carbonate market is expected to register significant growth rate with Germany, the UK, and France being the leading countries accounting for an increase in product demand. Increasing sales of electric car is further expected to drive the growth of the regional market during the forecast period.
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Research Methodology & Features –
This report offers in-depth insights and is the result of detailed research methodology through secondary research, extensive primary interviews with industry key players, and statistical tools. The report provides vital information related to the market dynamics and enables strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints
- Market trend and forecast analysis
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Key success factors & more.
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