Global Alkylene Carbonates Market, By Product Type (Ethylene Carbonate, Glycerine Carbonate, and Pro

Published Date: | Report Code : CH1934710

The Alkylene Carbonates Market is expected to promise high growth owing to the increasing demand for agricultural products and accelerating consumerism in recent years. Increasing demand from applications including Textiles & Fabrics, Coatings & Paints, Personal Care, Cosmetics, Agriculture, and Others is expected to drive the growth of the market.

There has been a significant rise in the demand for alkylene carbonates, as they prove to be an excellent choice for solvent due to their features such as low toxicity, low volatile organic content (VOC), high boiling point, biodegradable in nature, and less-odor. As they are biodegradable, many companies are now using alkylene carbonates.

Segment Insights

The alkylene carbonates market has been segmented on the basis of product type and application. Based on product type, the market has been segmented into ethylene carbonate, glycerine carbonate, and propylene carbonate. Ethylene carbonate is widely used in lithium batteries and lithium-ion batteries due to its high permittivity component of electrolytes. Glycerine carbonate is used majorly in the textile industry.  It is widely used in cosmetics, as it is non-toxic and does not cause skin irritation.

Based on application, the market has been segmented into textiles & fabrics, coatings & paints, personal care, cosmetics, agriculture, and others. Out of these, there has been a significant rise in the demand for personal care and cosmetics due to the changing lifestyle and disposable income of consumers.

Key Factors Impacting Market Growth:

  • Increasing demand for agricultural products and accelerating consumerism
  • Alkylene carbonates possess features such as low volatile organic content (VOC), low toxicity, readily biodegradable, high boiling point, less- odor
  • Growth of various industries such as cosmetics & personal care, agriculture, textiles, and paints & coating 

Regional Analysis

On the basis of the region, the alkylene carbonates market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

The Asia Pacific and the Middle East are expected to register substantial growth in the alkylene carbonates market during the forecast period. This demand is with regard to the growth of major end-use industries/Applications such as ABS, EDE, AHDHE (Check with End-Use Industry/Applications). Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the alkylene carbonates market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the alkylene carbonates market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: BASF SE, Huntsman International LLC, Sigma-Aldrich Co. LLC., Mitsubishi Chemical Corporation, TonglingJintai Chemical Industrial Co. Ltd, Alfa Aesar, and Qingdao Shinda Chemical Co., Ltd.

Market Segmentation:

By Type:

  • Ethylene Carbonate
  • Glycerine Carbonate
  • Propylene Carbonate 

By Application:

  • Textiles & Fabrics
  • Coatings & Paints
  • Personal Care
  • Cosmetics
  • Agriculture
  • Others 

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product Type
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Product Type
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product Type
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Product Type
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Product Type
    • By Application

Reasons to Buy This Report:

  • Market size estimation of the global alkylene carbonates market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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