Market Overview:
The global industrial grade ethylene carbonate (EC) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for EC from various applications, such as intermediates and agents, plastic, and other applications. In terms of type, the regular grade segment is expected to hold a major share of the global industrial grade EC market during the forecast period. However, high purity grade is projected to grow at a higher CAGR than regular grade during the forecast period. In terms of region, North America is estimated to account for a major share of the global industrial grade EC market in 2018.
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Product Definition:
Industrial grade ethylene carbonate (EC) is an organic solvent used in the production of polyethylene terephthalate (PET) resin. EC is a colorless liquid with a slightly sweet odor. It is soluble in water, alcohols, and ethers, and has a molecular weight of 114.14 g/mol.
Regular Grade:
Regular grade ethylene carbonate (EC) is a colorless liquid with an odor similar to gasoline. It is primarily used as a solvent in paints, adhesives, and coatings. The growth factor for regular grade EC market size was estimated at 1.1 million tons in 2016 and it is expected to grow at a CAGR of XX% by value over the forecast period from 2017 - 2022.
High Purity Grade:
High Purity Grade (HPG) is a special type of polycarbonate resin that contains less than 0.25% impurities by weight. It has the same properties as industrial grade EC, but it is more expensive due to its high quality and low production volume.
The demand for HPG EC in North America was 1,500 tons in 2015.
Application Insights:
The global demand for plastics is rising with the development in various applications such as packaging, automotive and construction. The intermediates and agents application segment accounted for a share of 37.6% in 2017. This application segment includes polymers used to produce other plastic products such as polyvinyl chloride (PVC), high-density polyethylene (HDPE) and low-density polyethylene (LDPE).
EC is used to produce PVC which has numerous uses including pipes, cables, wires & rods that are widely utilized across several end-use industries owing to its properties such as lightweightness, flexibility & durability at lower temperatures compared to other plastics. It also finds applications in coatings where it acts as an additive that improves glossiness and hardness along with being UV resistant which boosts product demand globally over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is also anticipated to be the fastest-growing regional market from 2018 to 2030 owing to rapid industrialization, increasing population, and rising living standards of consumers.
China emerged as a major consumer of EC globally on account of rapid industrialization along with supportive government policies for promoting investments in various sectors including petrochemicals. China has witnessed significant growth in its chemical industry owing to low labor costs coupled with easy access to capital goods markets at a domestic level. This factor has contributed significantly toward China’s consumption levels globally over the past few years.
North America emerged as one of the prominent consumers due high demand from end-use industries such as paints & coatings, plastics, and others across U.S.
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and others
- Growing demand for EC in Asia Pacific region
- Rising production of polyethylene terephthalate (PET) resin globally
- Technological advancements in manufacturing process of EC
- Stringent environmental regulations to reduce carbon emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Grade Ethylene Carbonate (EC) Market Research Report
By Type
Regular Grade, High Purity Grade
By Application
Intermediates and Agents, Plastic, Other
By Companies
BASF, Mitsubishi, New Japan Chemical, TOAGOSEI, Huntsman, OUCC, Lixing Chemical, Zhongke Hongye, Haike, Shandong Shida Shenghua, BASF, Hengyang New Energy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Grade Ethylene Carbonate (EC) Market Report Segments:
The global Industrial Grade Ethylene Carbonate (EC) market is segmented on the basis of:
Types
Regular Grade, High Purity Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Intermediates and Agents, Plastic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Mitsubishi
- New Japan Chemical
- TOAGOSEI
- Huntsman
- OUCC
- Lixing Chemical
- Zhongke Hongye
- Haike
- Shandong Shida Shenghua
- BASF
- Hengyang New Energy
 Market Overview.svg)
Highlights of The Industrial Grade Ethylene Carbonate (EC) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Regular Grade
- High Purity Grade
- By Application:
- Intermediates and Agents
- Plastic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Grade Ethylene Carbonate (EC) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial grade ethylene carbonate is a type of white powder that is used as an industrial chemical. It is made from ethylene and carbon dioxide, and it has a high purity level. This powder can be used in manufacturing products such as plastics, resins, and other materials.
Some of the major companies in the industrial grade ethylene carbonate (ec) market are BASF, Mitsubishi, New Japan Chemical, TOAGOSEI, Huntsman, OUCC, Lixing Chemical, Zhongke Hongye, Haike, Shandong Shida Shenghua, BASF, Hengyang New Energy.
The industrial grade ethylene carbonate (ec) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Grade Ethylene Carbonate (EC) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Grade Ethylene Carbonate (EC) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Grade Ethylene Carbonate (EC) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Grade Ethylene Carbonate (EC) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Grade Ethylene Carbonate (EC) Market Size & Forecast, 2018-2028
4.5.1 Industrial Grade Ethylene Carbonate (EC) Market Size and Y-o-Y Growth
4.5.2 Industrial Grade Ethylene Carbonate (EC) Market Absolute $ Opportunity
Chapter 5 Global Industrial Grade Ethylene Carbonate (EC) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Type
5.2.1 Regular Grade
5.2.2 High Purity Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Grade Ethylene Carbonate (EC) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Applications
6.2.1 Intermediates and Agents
6.2.2 Plastic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Grade Ethylene Carbonate (EC) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Grade Ethylene Carbonate (EC) Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Type
9.6.1 Regular Grade
9.6.2 High Purity Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Applications
9.10.1 Intermediates and Agents
9.10.2 Plastic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Grade Ethylene Carbonate (EC) Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Type
10.6.1 Regular Grade
10.6.2 High Purity Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Applications
10.10.1 Intermediates and Agents
10.10.2 Plastic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Grade Ethylene Carbonate (EC) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Type
11.6.1 Regular Grade
11.6.2 High Purity Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Applications
11.10.1 Intermediates and Agents
11.10.2 Plastic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Grade Ethylene Carbonate (EC) Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Type
12.6.1 Regular Grade
12.6.2 High Purity Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Applications
12.10.1 Intermediates and Agents
12.10.2 Plastic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Grade Ethylene Carbonate (EC) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Type
13.6.1 Regular Grade
13.6.2 High Purity Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Grade Ethylene Carbonate (EC) Market Size Forecast by Applications
13.10.1 Intermediates and Agents
13.10.2 Plastic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Grade Ethylene Carbonate (EC) Market: Competitive Dashboard
14.2 Global Industrial Grade Ethylene Carbonate (EC) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Mitsubishi
14.3.3 New Japan Chemical
14.3.4 TOAGOSEI
14.3.5 Huntsman
14.3.6 OUCC
14.3.7 Lixing Chemical
14.3.8 Zhongke Hongye
14.3.9 Haike
14.3.10 Shandong Shida Shenghua
14.3.11 BASF
14.3.12 Hengyang New Energy
