US Ethylene Carbonate Market Size study, by Form (Solid, Liquid), By Application (Lubricants, Surface Coatings, Lithium Battery Electrolyte, Plasticizers, Others), By End Use (Automotive, Industrial, Oil & Gas, Medical, Others) Forecasts 2022-2032
US Ethylene Carbonate Market is valued approximately USD 105.108 million in 2023 and is anticipated to grow with a healthy growth rate of more than 7.56% over the forecast period 2024-2032. Ethylene Carbonate (EC) is a crystalline solid with no color or smell have becoming increasingly popular due to its high polarity and dielectric constant, which make it a crucial electrolyte and solvent in lithium-ion batteries. It improves battery longevity and performance by forming a stable, solid electrolyte interface. Moreover, polycarbonate plastics and other chemical compounds are synthesized using EC as a precursor and plasticizer. Its wide range of applications in many industrial processes is enhanced by its excellent solubility in water and other organic solvents. The rise in demand for energy storage solutions is a key trend for the US Ethylene Carbonate Market. The growth of renewable energy sources such as solar and wind power has spurred the need for efficient energy storage solutions. Ethylene Carbonate plays a vital role in enhancing battery performance and stability, making it essential for grid-scale energy storage projects and residential energy storage systems.
The rising adoption of electric vehicles (EVs) is a major driver for the market growth. Ethylene Carbonate plays a crucial role in lithium-ion batteries, which is essential for EV propulsion systems. In addition, the expansion of the Ethylene Carbonate Market is predominantly fueled by the rising demand for ethylene carbonate across various industrial applications and the growing emphasis on environmental sustainability. Moreover, the US's emphasis on renewable energy storage solutions, particularly from solar and wind power sources, drives demand for Ethylene Carbonate in high-performance battery technologies. Technological advancements in battery chemistry and energy storage systems further propel market growth by enhancing the efficacy of Ethylene Carbonate-based solutions. Government support and policies, including incentives for EV adoption and clean energy initiatives, create a conducive environment for market expansion across the region. Moreover, the increasing demand in lithium-ion battery electrolyte and lubricant applications, as well as increase in use of bio-based plasticizers, which, in turn, augmenting the growth of the US Ethylene Carbonate Market. The growth of the US Ethylene Carbonate Market is anticipated to be hindered between 2024 and 2032 due to the fluctuation of raw material costs and the use of extremely hazardous raw materials in the production process.
Major market player included in this report are:
Huntsman International LLC
Empower Materials, Inc.
Company 3
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:
By Form
Solid
Liquid
By Application
Lubricants
Surface Coatings
Lithium Battery Electrolyte
Plasticizers
Others
By End Use
Automotive
Industrial
Oil & Gas
Medical
Others
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market
The rising adoption of electric vehicles (EVs) is a major driver for the market growth. Ethylene Carbonate plays a crucial role in lithium-ion batteries, which is essential for EV propulsion systems. In addition, the expansion of the Ethylene Carbonate Market is predominantly fueled by the rising demand for ethylene carbonate across various industrial applications and the growing emphasis on environmental sustainability. Moreover, the US's emphasis on renewable energy storage solutions, particularly from solar and wind power sources, drives demand for Ethylene Carbonate in high-performance battery technologies. Technological advancements in battery chemistry and energy storage systems further propel market growth by enhancing the efficacy of Ethylene Carbonate-based solutions. Government support and policies, including incentives for EV adoption and clean energy initiatives, create a conducive environment for market expansion across the region. Moreover, the increasing demand in lithium-ion battery electrolyte and lubricant applications, as well as increase in use of bio-based plasticizers, which, in turn, augmenting the growth of the US Ethylene Carbonate Market. The growth of the US Ethylene Carbonate Market is anticipated to be hindered between 2024 and 2032 due to the fluctuation of raw material costs and the use of extremely hazardous raw materials in the production process.
Major market player included in this report are:
Huntsman International LLC
Empower Materials, Inc.
Company 3
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:
By Form
Solid
Liquid
By Application
Lubricants
Surface Coatings
Lithium Battery Electrolyte
Plasticizers
Others
By End Use
Automotive
Industrial
Oil & Gas
Medical
Others
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market
CHAPTER 1. US ETHYLENE CARBONATE MARKET DEFINITION AND RESEARCH ASSUMPTIONS
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
CHAPTER 2. EXECUTIVE SUMMARY
2.1. US Ethylene Carbonate Market Size & Forecast (2022- 2032)
2.2. Segmental Summary
2.2.1. By Form
2.2.2. By Application
2.2.3. By End Use
2.3. Key Trends
2.4. Recession Impact
2.5. Analyst Recommendation & Conclusion
CHAPTER 3. US ETHYLENE CARBONATE MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. US ETHYLENE CARBONATE MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. US ETHYLENE CARBONATE MARKET SIZE & FORECASTS BY FORM 2022-2032
5.1. Solid
5.2. Liquid
CHAPTER 6. US ETHYLENE CARBONATE MARKET SIZE & FORECASTS BY APPLICATION 2022-2032
6.1. Lubricants
6.2. Surface Coatings
6.3. Lithium Battery Electrolyte
6.4. Plasticizers
6.5. Others
CHAPTER 7. US ETHYLENE CARBONATE MARKET SIZE & FORECASTS BY END USE 2022-2032
7.1. Automotive
7.2. Industrial
7.3. Oil & Gas
7.4. Medical
7.5. Others
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Key Company SWOT Analysis
8.1.1. Company
8.1.2. Company
8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Huntsman International LLC
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Market Strategies
8.3.2. Empower Materials, Inc.
8.3.3. Company
8.3.4. Company
8.3.5. Company
8.3.6. Company
8.3.7. Company
8.3.8. Company
8.3.9. Company
8.3.10. Company
CHAPTER 9. RESEARCH PROCESS
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
1.3.1. Inclusion & Exclusion
1.3.2. Limitations
1.3.3. Supply Side Analysis
1.3.3.1. Availability
1.3.3.2. Infrastructure
1.3.3.3. Regulatory Environment
1.3.3.4. Market Competition
1.3.3.5. Economic Viability (Consumer’s Perspective)
1.3.4. Demand Side Analysis
1.3.4.1. Regulatory frameworks
1.3.4.2. Technological Advancements
1.3.4.3. Environmental Considerations
1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates
CHAPTER 2. EXECUTIVE SUMMARY
2.1. US Ethylene Carbonate Market Size & Forecast (2022- 2032)
2.2. Segmental Summary
2.2.1. By Form
2.2.2. By Application
2.2.3. By End Use
2.3. Key Trends
2.4. Recession Impact
2.5. Analyst Recommendation & Conclusion
CHAPTER 3. US ETHYLENE CARBONATE MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities
CHAPTER 4. US ETHYLENE CARBONATE MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
CHAPTER 5. US ETHYLENE CARBONATE MARKET SIZE & FORECASTS BY FORM 2022-2032
5.1. Solid
5.2. Liquid
CHAPTER 6. US ETHYLENE CARBONATE MARKET SIZE & FORECASTS BY APPLICATION 2022-2032
6.1. Lubricants
6.2. Surface Coatings
6.3. Lithium Battery Electrolyte
6.4. Plasticizers
6.5. Others
CHAPTER 7. US ETHYLENE CARBONATE MARKET SIZE & FORECASTS BY END USE 2022-2032
7.1. Automotive
7.2. Industrial
7.3. Oil & Gas
7.4. Medical
7.5. Others
CHAPTER 8. COMPETITIVE INTELLIGENCE
8.1. Key Company SWOT Analysis
8.1.1. Company
8.1.2. Company
8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Huntsman International LLC
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Market Strategies
8.3.2. Empower Materials, Inc.
8.3.3. Company
8.3.4. Company
8.3.5. Company
8.3.6. Company
8.3.7. Company
8.3.8. Company
8.3.9. Company
8.3.10. Company
CHAPTER 9. RESEARCH PROCESS
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
LIST OF TABLES
TABLE 1. US Ethylene Carbonate Market, report scope
TABLE 2. US Ethylene Carbonate Market estimates & forecasts by Form 2022-2032 (USD Million)
TABLE 3. US Ethylene Carbonate Market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 4. US Ethylene Carbonate Market estimates & forecasts by End Use 2022-2032 (USD Million)
TABLE 5. US Ethylene Carbonate Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. US Ethylene Carbonate Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. US Ethylene Carbonate Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. US Ethylene Carbonate Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. US Ethylene Carbonate Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. U.S. Ethylene Carbonate Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. U.S. Ethylene Carbonate Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 12. U.S. Ethylene Carbonate Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 13. List of secondary sources, used in the study of US Ethylene Carbonate Market.
TABLE 14. List of primary sources, used in the study of US Ethylene Carbonate Market.
TABLE 15. Years considered for the study.
TABLE 16. Exchange rates considered
TABLE 1. US Ethylene Carbonate Market, report scope
TABLE 2. US Ethylene Carbonate Market estimates & forecasts by Form 2022-2032 (USD Million)
TABLE 3. US Ethylene Carbonate Market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 4. US Ethylene Carbonate Market estimates & forecasts by End Use 2022-2032 (USD Million)
TABLE 5. US Ethylene Carbonate Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. US Ethylene Carbonate Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. US Ethylene Carbonate Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. US Ethylene Carbonate Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. US Ethylene Carbonate Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. U.S. Ethylene Carbonate Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. U.S. Ethylene Carbonate Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 12. U.S. Ethylene Carbonate Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 13. List of secondary sources, used in the study of US Ethylene Carbonate Market.
TABLE 14. List of primary sources, used in the study of US Ethylene Carbonate Market.
TABLE 15. Years considered for the study.
TABLE 16. Exchange rates considered
LIST OF FIGURES
FIG 1. US Ethylene Carbonate Market, research methodology
FIG 2. US Ethylene Carbonate Market, market estimation techniques
FIG 3. US market size estimates & forecast methods.
FIG 4. US Ethylene Carbonate Market, key trends 2023
FIG 5. US Ethylene Carbonate Market, growth prospects 2022-2032
FIG 6. US Ethylene Carbonate Market, porters 5 force model
FIG 7. US Ethylene Carbonate Market, pestel analysis
FIG 8. US Ethylene Carbonate Market, value chain analysis
FIG 9. US Ethylene Carbonate Market by segment, 2022 & 2032 (USD Million)
FIG 10. US Ethylene Carbonate Market by segment, 2022 & 2032 (USD Million)
FIG 11. US Ethylene Carbonate Market by segment, 2022 & 2032 (USD Million)
FIG 12. US Ethylene Carbonate Market by segment, 2022 & 2032 (USD Million)
FIG 13. US Ethylene Carbonate Market by segment, 2022 & 2032 (USD Million)
FIG 14. US Ethylene Carbonate Market, company market share analysis (2023)
FIG 1. US Ethylene Carbonate Market, research methodology
FIG 2. US Ethylene Carbonate Market, market estimation techniques
FIG 3. US market size estimates & forecast methods.
FIG 4. US Ethylene Carbonate Market, key trends 2023
FIG 5. US Ethylene Carbonate Market, growth prospects 2022-2032
FIG 6. US Ethylene Carbonate Market, porters 5 force model
FIG 7. US Ethylene Carbonate Market, pestel analysis
FIG 8. US Ethylene Carbonate Market, value chain analysis
FIG 9. US Ethylene Carbonate Market by segment, 2022 & 2032 (USD Million)
FIG 10. US Ethylene Carbonate Market by segment, 2022 & 2032 (USD Million)
FIG 11. US Ethylene Carbonate Market by segment, 2022 & 2032 (USD Million)
FIG 12. US Ethylene Carbonate Market by segment, 2022 & 2032 (USD Million)
FIG 13. US Ethylene Carbonate Market by segment, 2022 & 2032 (USD Million)
FIG 14. US Ethylene Carbonate Market, company market share analysis (2023)