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Showing posts with the label Ethylene Carbonate industry

Growing demand for ethylene carbonate in lithium-ion electrolytes and lubricants applications

  The Global Ethylene Carbonate Market size is projected to reach USD 439 million by 2025, at a CAGR of 6.6% during the forecast period. The market is driven mainly by the application expansion achieved through the improved quality of ethylene carbonate & lithium batteries electrolytes, lubricants, coatings, and plasticizers in various end-use industries such as automotive, industrial, electronics, medical and others, globally. Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=229766138 Oriental Union Chemical Corporation (Taiwan), Huntsman (US), BASF (Germany), Mitsubishi Chemical (Japan), and Toagosei Co., Ltd. (Japan), among others, are the leading ethylene carbonate manufacturers, globally. These companies have established their brands, and ethylene carbonate produced by these companies is consumed domestically. It is supplied further to various countries such as China, Japan, New Zealand, Australia, and others within the Asia Pacific re...

Lubricants to Be the Largest Application of Ethylene Carbonate During 2017 to 2022

The Ethylene Carbonate Market is projected to grow from USD 264.8 million in 2017 to USD 355.1 million by 2022, at a CAGR of 6.0% in terms of value from 2017 to 2022 . The growth of the ethylene carbonate market can be attributed to the increasing demand for ethylene carbonate across various applications, such as lithium batteries electrolytes, lubricants, coatings, and plasticizers.   Request Report Sample @ http://bit.ly/2EDBIXI By end-use industry, the automotive segment of the ethylene carbonate market is expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing demand for lithium battery electrolyte in electric vehicles. In addition , initiatives taken by government bodies to encourage electric vehicles is a major factor contributing to the growth of the automotive industry. Technological advancements in the end-use industries are fuelling the demand for ethylene carbonate in North Amer...