{"id":127995,"date":"2021-08-11T16:00:00","date_gmt":"2021-08-11T16:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=29001902900190"},"modified":"2021-08-11T16:00:00","modified_gmt":"2021-08-11T16:00:00","slug":"ethylene-carbonate-market-overview-to-the-future-opportunities-to-reach-418-5-million-by-2027","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/08\/11\/ethylene-carbonate-market-overview-to-the-future-opportunities-to-reach-418-5-million-by-2027\/","title":{"rendered":"Ethylene Carbonate Market Overview To The Future Opportunities to Reach $418.5 million by 2027"},"content":{"rendered":"<p><img decoding=\"async\" width=\"250\" height=\"167\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/08\/5985-Carbon20Black-1.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<p><a href=\"https:\/\/www.alliedmarketresearch.com\/ethylene-carbonate-market-A07307\" target=\"_blank\" rel=\"noopener noreferrer\">Ethylene Carbonate Market<\/a> was exceed USD\u00a0<span class=\"xn-money\">288 million<\/span>\u00a0in 2019, and is projected to surpass USD\u00a0<span class=\"xn-money\">418.5 million<\/span>\u00a0by 2027, witnessing a CAGR of 6.0% from 2020 to 2027, According to the report by Allied Market Research.<\/p>\n<p>Increase in demand in lithium-ion electrolytes &#038; lubricant applications and rise of the automotive industry in\u00a0<span class=\"xn-location\">Asia-Pacific<\/span>\u00a0drive the growth of the global ethylene carbonate market. However, fluctuations in the prices of raw materials hinder the market growth. On the other hand, rapid urbanization and adoption of new technologies in lithium-ion batteries present new opportunities in the coming years. \u00a0<\/p>\n<p><strong>Request PDF Brochure:<\/strong>\u00a0<a href=\"https:\/\/www.alliedmarketresearch.com\/request-sample\/7672\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.alliedmarketresearch.com\/request-sample\/7672<\/a><\/p>\n<p>Based on form, the solid segment held the highest market share in 2019, accounting for more than three-fifths of the global ethylene carbonate market, and is projected to continue its lead position during the forecast period. This is attributed to its usage as high permittivity component of electrolytes in lithium and lithium-ion batteries. However, the liquid segment is estimated to witness the highest CAGR of 6.3% from 2020 to 2027, owing to extensive usage as an electrolyte in lithium-ion batteries. \u00a0<\/p>\n<p>Based on application, the lubricants segment contributed to the largest market share, holding more than one-third of the global ethylene carbonate market in 2019, and is expected to maintain its dominance in terms of revenue throughout the forecast period. This is attributed to its widespread usage in the automotive industry. However, the lithium battery electrolytes segment is estimated to register the\u00a0fastest CAGR\u00a0of 6.6% from 2020 to 2027. This is due to rise of usage in electric vehicles and focus on clean energy to lower down carbon emissions.<\/p>\n<p><strong>COVID-19 Scenario<\/strong><\/p>\n<p>\u2013 Owing to lockdown, manufacturing activities for ethylene carbonate stopped across various countries. In addition, supply and distribution activities are hampered.<\/p>\n<p>\u2013 Many industrial activities in sectors such as automotive, aerospace, and others came to abrupt halt. This resulted in a significant decrease in demand for ethylene carbonate.<\/p>\n<p>\u2013 The demand would be restored steadily as daily operations in different end-use industries resume during the post-lockdown period.<\/p>\n<p><strong>Get Detailed COVID-19 Impact Analysis on the Ethylene Carbonate Market\u00a0@\u00a0<\/strong><a href=\"https:\/\/www.alliedmarketresearch.com\/request-for-customization\/7672?reqfor=covid\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">https:\/\/www.alliedmarketresearch.com\/request-for-customization\/7672?reqfor=covid<\/a><\/p>\n<p><strong>By End-Use<\/strong><\/p>\n<p>\u2013 Automotive\u00a0<\/p>\n<p>\u2013 Oil &#038; Gas<\/p>\n<p>\u2013 Medical<\/p>\n<p>\u2013 Others<\/p>\n<p>Based on region,\u00a0<span class=\"xn-location\">North America<\/span>\u00a0is projected to portray the largest CAGR of 6.7% during the forecast period, owing to shift in consumer preference toward synthetic lubricants as they offer superior properties including thermal stability, wear &#038; tear protection, heavy load holding capacity, and low friction. However,\u00a0<span class=\"xn-location\">Asia-Pacific<\/span>\u00a0accounted for the highest share with nearly half of the global ethylene carbonate market in 2019, and is expected to continue its highest contribution by 2027. This is attributed to increased automotive sector and increase in the electric vehicle industry.<\/p>\n<p><strong>Market players grabbing the largest pie\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/p>\n<p>\u2013 Asahi Kasei Corp.<\/p>\n<p>\u2013 BASF SE<\/p>\n<p>\u2013 Cole-Parmer Instrument Company, LLC.<\/p>\n<p>\u2013 Empower Materials<\/p>\n<p>\u2013 Huntsman Corporation<\/p>\n<p>\u2013 Merck KGaA<\/p>\n<p>\u2013 Mitsubishi Chemicals<\/p>\n<p>\u2013 Prasol Chemicals Lts<\/p>\n<p>-Thermo Fisher Scientific<\/p>\n<p>-Vizag Chemicals International<\/p>\n<p><strong>Interested in Procuring This Report? Visit Here:\u00a0<\/strong><a href=\"https:\/\/www.alliedmarketresearch.com\/ethylene-carbonate-market\/purchase-options\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">https:\/\/www.alliedmarketresearch.com\/ethylene-carbonate-market\/purchase-options<\/a><\/p>\n<p><strong>About Us<\/strong><\/p>\n<p>Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small &#038; medium enterprises.<\/p>\n<div>\n<h3>Contact Information:<\/h3>\n<p>David Correa, USA\/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 help@alliedmarketresearch.com Web: www.alliedmarketresearch.com<\/p>\n<\/p>\n<\/div>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/ethylene-carbonate-market-overview-to-the-future-opportunities-to-reach-418-5-million-by-2027\/\">Ethylene Carbonate Market Overview To The Future Opportunities to Reach $418.5 million by 2027<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\">Financial Market Brief<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethylene Carbonate Market was exceed USD&nbsp;288 million&nbsp;in 2019, and is projected to surpass USD&nbsp;418.5 million&nbsp;by 2027, witnessing a CAGR of 6.0% from 2020 to 2027, According to the report by Allied Market Research. Increase in demand in lithium-ion electrolytes &amp; lubricant applications and rise of the automotive industry in&nbsp;Asia-Pacific&nbsp;drive the growth of the global ethylene [&hellip;]<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/ethylene-carbonate-market-overview-to-the-future-opportunities-to-reach-418-5-million-by-2027\/\">Ethylene Carbonate Market Overview To The Future Opportunities to Reach $418.5 million by 2027<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/\">Financial Market Brief<\/a>.<\/p>\n<p> <a href=\"https:\/\/ipsnews.net\/business\/2021\/08\/11\/ethylene-carbonate-market-overview-to-the-future-opportunities-to-reach-418-5-million-by-2027\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":291,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-127995","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethylene Carbonate Market Overview To The Future Opportunities to Reach $418.5 million by 2027 - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2021\/08\/11\/ethylene-carbonate-market-overview-to-the-future-opportunities-to-reach-418-5-million-by-2027\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethylene Carbonate Market Overview To The Future Opportunities to Reach $418.5 million by 2027 - Business\" \/>\n<meta property=\"og:description\" content=\"Ethylene Carbonate Market was exceed USD&nbsp;288 million&nbsp;in 2019, and is projected to surpass USD&nbsp;418.5 million&nbsp;by 2027, witnessing a CAGR of 6.0% from 2020 to 2027, According to the report by Allied Market Research. Increase in demand in lithium-ion electrolytes &amp; lubricant applications and rise of the automotive industry in&nbsp;Asia-Pacific&nbsp;drive the growth of the global ethylene [&hellip;] The post Ethylene Carbonate Market Overview To The Future Opportunities to Reach $418.5 million by 2027 appeared first on Financial Market Brief. 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Increase in demand in lithium-ion electrolytes &amp; lubricant applications and rise of the automotive industry in&nbsp;Asia-Pacific&nbsp;drive the growth of the global ethylene [&hellip;] The post Ethylene Carbonate Market Overview To The Future Opportunities to Reach $418.5 million by 2027 appeared first on Financial Market Brief. 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