HOME Top Market Reports Ethylene Carbonate Market by Application (Lithium Battery Electrolytes, Lubricants, Plasticizers, Surface Coatings), End-use Industry (Automotive, Oil & Gas, Industrial, Medical, Personal Care & Hygiene), and Region - Global Forecast to 2022

Ethylene Carbonate Market by Application (Lithium Battery Electrolytes, Lubricants, Plasticizers, Surface Coatings), End-use Industry (Automotive, Oil & Gas, Industrial, Medical, Personal Care & Hygiene), and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: March 2018
Report Code: CH 6047

 

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The global ethylene carbonate market is projected to grow from USD 250.5 Million in 2016 to USD 355.1 Million by 2022, at a CAGR of 6.0% in terms of value from 2017 to 2022. In this study, 2016 has been considered as the base year, and 2017 to 2022 as the forecast period to estimate the size of the ethylene carbonate market.

Objectives of the Study:

  • To analyze and forecast the ethylene carbonate market both in terms of volume and value
  • To define, describe, and segment the ethylene carbonate market on the basis application and end-use industry
  • To forecast the size of market in 5 major regions, namely, North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • To provide detailed information regarding the key factors, such as drivers, restraints, and opportunities influencing the growth of the ethylene carbonate market
  • To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contribution to the overall ethylene carbonate market
  • To identify and analyze opportunities for stakeholders in the ethylene carbonate market
  • To profile key players operating in the ethylene carbonate market and comprehensively analyze their core competencies

Research Methodology:

This study estimates the size of the ethylene carbonate market from the demand-side for 2017 and projects its size for 2022. It provides a detailed qualitative and quantitative analysis of the ethylene carbonate market. Various secondary sources, such as D&B Hoovers, Bloomberg, Factiva, Chemical Week magazine, PubChem, Plastics Europe Magazine, Plastemart Magazine, and other government and private websites were used to identify and collect information useful for this extensive and commercial study of the ethylene carbonate market. Primary sources, such as experts from related industries and suppliers were interviewed to obtain and verify critical information as well as assess prospects of the ethylene carbonate market during the forecast period.

Ethylene Carbonate Market

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem:

The market ecosystem for ethylene carbonate starts with raw material manufacturers and suppliers. Raw materials are procured by ethylene oxide manufacturers to produce ethylene carbonate by reacting ethylene oxide and carbon dioxide.  Ethylene carbonate is mainly used as a polar solvent to produce dimethyl carbonate through transesterification with methanol.

Some of the major companies involved in the production of ethylene carbonate are Oriental Union Chemical Corporation (Taiwan), BASF (Germany), Mitsubishi Chemical (Japan), Huntsman Corporation (US), and Toagosei (Japan).

Key Target Audience:

  • Manufacturers of devices & equipment used in the ethylene carbonate manufacturing plant
  • Manufacturers of ethylene oxide, ethylene glycol, dimethyl carbonate, and diethyl carbonate
  • Traders and distributors of ethylene carbonates
  • Regional manufacturers’ associations and general ethylene carbonates associations
  • Government and regional agencies and research organizations

Scope of the Report:

The ethylene carbonate market has been segmented as follows:

Ethylene Carbonate Market, By Application:

  • Surface Coatings
  • Plasticizers
  • Lubricants
  • Lithium Battery Electrolytes
  • Others

Ethylene Carbonate Market, By End-use Industry:

  • Automotive
  • Oil & Gas
  • Personal Care and Hygiene
  • Industrial
  • Medical
  • Others

Ethylene Carbonate Market, By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Available Customizations:

Along with the market data, MarketsandMarkets offers customizations according to the specific needs of companies. The following customization options are available for the report:

  • Product Analysis

Product matrix that gives a detailed comparison of product portfolio of each company

  • Regional Analysis

Further breakdown of the ethylene carbonate market in a particular region to country level

  • Company Information

Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Scope of the Study
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Units Considered
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Key Data From Secondary Sources
           2.1.2 Key Data From Primary Sources
                    2.1.2.1 Key Industry Insights
                    2.1.2.2 Breakdown of Primary Interviews
    2.2 Market Size Estimation
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions and Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 24)

4 Premium Insights (Page No. - 28)
    4.1 Attractive Opportunities in the Ethylene Carbonate Market
    4.2 Ethylene Carbonate Market Growth, By Region
    4.3 Ethylene Carbonate Market, By Country and Application
    4.4 Ethylene Carbonate Market Share, By Region, 2016
    4.5 Ethylene Carbonate Market, By Application

5 Market Overview (Page No. - 32)
    5.1 Introduction
           5.1.1 Drivers
                    5.1.1.1 Growing Demand for Ethylene Carbonate in Lithium-Ion Electrolytes and Lubricants Applications
                    5.1.1.2 Growing Automotive Industry in Asia-Pacific
                    5.1.1.3 Massive Industrial Growth in Asia-Pacific and Africa
           5.1.2 Restraints
                    5.1.2.1 Volatility in Raw Material Prices
           5.1.3 Opportunities
                    5.1.3.1 Increasing Adoption of New Technologies in Lithium-Ion Batteries
                    5.1.3.2 Emergence of Bio-Based Plasticizers
    5.2 Porter’s Five Forces Analysis
           5.2.1 Threat of New Entrants
           5.2.2 Bargaining Power of Suppliers
           5.2.3 Threat of Substitutes
           5.2.4 Bargaining Power of Buyers
           5.2.5 Intensity of Rivalry
    5.3 Trends and Forecast of GDP
    5.4 Production Statistics of the Automotive Industry
           5.4.1 North America: Production Statistics of the Automotive* Industry, By Country, 2015–2016 (Unit)
           5.4.2 Europe: Production Statistics of the Automotive* Industry, By Country, 2015–2016 (Unit)
           5.4.3 APAC: Production Statistics of the Automotive* Industry, By Country, 2015–2016 (Unit)

6 Ethylene Carbonate Market, By Application (Page No. - 42)
    6.1 Introduction
    6.2 Surface Coatings
    6.3 Plasticizers
    6.4 Lubricants
    6.5 Lithium Battery Electrolytes
    6.6 Others

7 Ethylene Carbonate Market, By End-Use Industry (Page No. - 50)
    7.1 Introduction
    7.2 Automotive Industry
    7.3 Oil & Gas Industry
    7.4 Personal Care & Hygiene Industry
    7.5 Industrial Sector
    7.6 Medical Industry
    7.7 Others

8 Ethylene Carbonate Market, By Region (Page No. - 58)
    8.1 Introduction
    8.2 North America
           8.2.1 US
           8.2.2 Canada
           8.2.3 Mexico
    8.3 Europe
           8.3.1 Germany
           8.3.2 Italy
           8.3.3 France
           8.3.4 UK
           8.3.5 Turkey
           8.3.6 Russia
           8.3.7 Rest of Europe
    8.4 Asia Pacific
           8.4.1 China
           8.4.2 Japan
           8.4.3 Taiwan
           8.4.4 South Korea
           8.4.5 Rest of Asia Pacific
    8.5 Middle East & Africa
           8.5.1 UAE
           8.5.2 Saudi Arabia
           8.5.3 South Africa
           8.5.4 Rest of the Middle East & Africa
    8.6 South America
           8.6.1 Brazil
           8.6.2 Argentina
           8.6.3 Rest of South America

9 Competitive Landscape (Page No. - 96)
    9.1 Market Share Analysis

10 Company Profiles (Page No. - 97)
(Overview, Financial*, Products & Services, Strategy, and Developments)
     10.1 Oriental Union Chemical Corporation (OUCC)
     10.2 BASF
     10.3 Mitsubishi Chemical
     10.4 Huntsman
     10.5 Toagosei
     10.6 Asahi Kasei
     10.7 New Japan Chemical
     10.8 Zibo Donghai Industries
     10.9 Shandong Shida Shenghua Chemical Group
     10.10 Shandong Senjie Chemical
     10.11 Other Companies
             10.11.1 Alchem Chemical Company
             10.11.2 Panax Etec
             10.11.3 Alfa Aesar

*Details Might Not Be Captured in Case of Unlisted Companies

11 Appendix (Page No. - 113)
     11.1 Insights From Industry Experts
     11.2 Discussion Guide
     11.3 Knowledge Store: Marketsandmarkets Subscription Portal
     11.4 Introducing RT: Real-Time Market Intelligence
     11.5 Available Customizations
     11.6 Related Reports
     11.7 Author Details


List of Tables (104 Tables)

Table 1 Ethylene Carbonate Market to Register High Growth Between 2017 and 2022
Table 2 Forecast of GDP (Annual Percentage Change), By Key Country, 2016–2022
Table 3 Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 4 Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 5 Ethylene Carbonate Market Size in Surface Coatings Application, By Region, 2015–2022 (Ton)
Table 6 Ethylene Carbonate Market Size in Surface Coatings Application, By Region, 2015–2022 (USD Million)
Table 7 Ethylene Carbonate Market Size in Plasticizers Application, By Region, 2015–2022 (Ton)
Table 8 Ethylene Carbonate Market Size in Plasticizers Application, By Region, 2015–2022 (USD Million)
Table 9 Ethylene Carbonate Market Size in Lubricants Application, By Region, 2015–2022 (Ton)
Table 10 Ethylene Carbonate Market Size in Lubricants Application, By Region, 2015–2022 (USD Million)
Table 11 Ethylene Carbonate Market Size in Lithium Battery Electrolytes Application, By Region, 2015–2022 (Ton)
Table 12 Ethylene Carbonate Market Size in Lithium Battery Electrolytes Application, By Region, 2015–2022 (USD Million)
Table 13 Ethylene Carbonate Market Size in Other Applications, By Region, 2015–2022 (Ton)
Table 14 Ethylene Carbonate Market Size in Other Applications, By Region, 2015–2022 (USD Million)
Table 15 Ethylene Carbonate Market Size, By End-Use Industry, 2015–2022 (Ton)
Table 16 Ethylene Carbonate Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 17 Ethylene Carbonate Market Size in Automotive Industry, By Region, 2015–2022 (Ton)
Table 18 Ethylene Carbonate Market Size in Automotive Industry, By Region, 2015–2022 (USD Million)
Table 19 Ethylene Carbonate Market Size in Oil & Gas Industry, By Region, 2015–2022 (Ton)
Table 20 Ethylene Carbonate Market Size in Oil & Gas Industry, By Region, 2015–2022 (USD Million)
Table 21 Ethylene Carbonate Market Size in Personal Care & Hygiene Industry, By Region, 2015–2022 (Ton)
Table 22 Ethylene Carbonate Market Size in Personal Care & Hygiene Industry, By Region, 2015–2022 (USD Million)
Table 23 Ethylene Carbonate Market Size in Industrial Sector, By Region, 2015–2022 (Ton)
Table 24 Ethylene Carbonate Market Size in Industrial Sector, By Region, 2015–2022 (USD Million)
Table 25 Ethylene Carbonate Market Size in Medical Industry, By Region, 2015–2022 (Ton)
Table 26 Ethylene Carbonate Market Size in Medical Industry, By Region, 2015–2022 (USD Million)
Table 27 Ethylene Carbonate Market Size in Other Industries, By Region, 2015–2022 (Tons)
Table 28 Ethylene Carbonate Market Size in Other Industries, By Region, 2015–2022 (USD Million)
Table 29 Ethylene Carbonate Market Size, By Region, 2015–2022 (Ton)
Table 30 Ethylene Carbonate Market Size, By Region, 2015–2022 (USD Million)
Table 31 North America: Ethylene Carbonate Market Size, By Country, 2015–2022 (Ton)
Table 32 North America: Ethylene Carbonate Market Size, By Country, 2015–2022 (USD Million)
Table 33 North America: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 34 North America: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 35 North America: Ethylene Carbonate Market Size, By End-Use Industry, 2015–2022 (Ton)
Table 36 North America: Ethylene Carbonate Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 37 US: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 38 US: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 39 Canada: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 40 Canada: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 41 Mexico: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 42 Mexico: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 43 Europe: Ethylene Carbonate Market Size, By Country, 2015–2022 (Ton)
Table 44 Europe: Ethylene Carbonate Market Size, By Country, 2015–2022 (USD Million)
Table 45 Europe: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 46 Europe: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 47 Europe: Ethylene Carbonate Market Size, By End-Use Industry, 2015–2022 (Ton)
Table 48 Europe: Ethylene Carbonate Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 49 Germany: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 50 Germany: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 51 Italy: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 52 Italy: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 53 France: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 54 France: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 55 UK: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 56 UK: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 57 Turkey: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 58 Turkey: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 59 Russia: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 60 Russia: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 61 Rest of Europe: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 62 Rest of Europe: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 63 Asia Pacific: Ethylene Carbonate Market Size, By Country, 2015–2022 (Ton)
Table 64 Asia Pacific: Ethylene Carbonate Market Size, By Country, 2015–2022 (USD Million)
Table 65 Asia Pacific: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 66 Asia Pacific: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 67 Asia Pacific: Ethylene Carbonate Market Size, By End-Use Industry, 2015–2022 (Ton)
Table 68 Asia Pacific: Ethylene Carbonate Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 69 China: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 70 China: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 71 Japan: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 72 Japan: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 73 Taiwan: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 74 Taiwan: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 75 South Korea: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 76 South Korea: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 77 Rest of Asia Pacific: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 78 Rest of Asia Pacific: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 79 Middle East & Africa: Ethylene Carbonate Market Size, By Country, 2015–2022 (Ton)
Table 80 Middle East & Africa: Ethylene Carbonate Market Size, By Country, 2015–2022 (USD Million)
Table 81 Middle East & Africa: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 82 Middle East & Africa: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 83 Middle East & Africa: Ethylene Carbonate Market Size, By End-Use Industry, 2015–2022 (Ton)
Table 84 Middle East & Africa: Ethylene Carbonate Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 85 UAE: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 86 UAE: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 87 Saudi Arabia: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 88 Saudi Arabia: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 89 South Africa: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 90 South Africa: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 91 Rest of the Middle East & Africa: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 92 Rest of the Middle East & Africa: Ethylene Carbonate Market Size, Application, 2015–2022 (USD Million)
Table 93 South America: Ethylene Carbonate Market Size, By Country, 2015–2022 (Ton)
Table 94 South America: Ethylene Carbonate Market Size, By Country, 2015–2022 (USD Million)
Table 95 South America: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 96 South America: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 97 South America: Ethylene Carbonate Market Size, By End-Use Industry, 2015–2022 (Ton)
Table 98 South America: Ethylene Carbonate Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 99 Brazil: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 100 Brazil: Ethylene Carbonate Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 101 Argentina: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 102 Argentina: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)
Table 103 Rest of South America: Ethylene Carbonate Market Size, By Application, 2015–2022 (Ton)
Table 104 Rest of South America: Ethylene Carbonate Market Size, By Application, 2015–2022 (USD Million)


List of Figures (33 Figures)

Figure 1 Ethylene Carbonate Market: Research Design
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Research Methodology: Data Triangulation
Figure 5 Lithium Ion Electrolytes to Register the Highest Growth Between 2017 and 2022
Figure 6 The Automotive Industry to Represent Bulk Demand Between 2017 and 2022
Figure 7 Asia-Pacific Dominated the Ethylene Carbonate Market in 2016
Figure 8 Ethylene Carbonate Market to Witness Rapid Growth Between 2017 and 2022
Figure 9 Asia-Pacific to Register the Highest Growth Rate
Figure 10 China Accounted for the Largest Share of the Ethylene Carbonate Market Globally
Figure 11 Japan Accounted for the Second-Largest Share of the Ethylene Carbonate Market
Figure 12 The Lubricants Segment Accounted for the Largest Share in the Ethylene Carbonate Market Globally
Figure 13 Overview of the Factors Governing the Ethylene Carbonate Market
Figure 14 Fluctuations in the Price of Crude Oil Between 2013 and 2017
Figure 15 GDP of Major Countries in the World in 2016
Figure 16 Lubricants to Be the Largest Application of Ethylene Carbonate During the Forecast Period
Figure 17 The Automotive Segment to Dominate the Ethylene Carbonate Market Between 2017 and 2022
Figure 18 The Market in South Korea to Register the Highest CAGR Between 2017 and 2022
Figure 19 North America Ethylene Carbonate Market Snapshot
Figure 20 Asia Pacific Ethylene Carbonate Market Snapshot
Figure 21 Market Share Analysis for the Ethylene Carbonate Market in 2016
Figure 22 OUCC: Company Snapshot
Figure 23 OUCC: SWOT Analysis
Figure 24 BASF: Company Snapshot
Figure 25 BASF: SWOT Analysis
Figure 26 Mitsubishi Chemical: Company Snapshot
Figure 27 Mitsubishi Chemical: SWOT Analysis
Figure 28 Huntsman: Company Snapshot
Figure 29 Huntsman: SWOT Analysis
Figure 30 Toagosei: Company Snapshot
Figure 31 Toagosei: SWOT Analysis
Figure 32 Asahi Kasei: Company Snapshot
Figure 33 New Japan Chemical: Company Snapshot

The global 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 is primarily driven by the increasing demand for ethylene carbonate across various applications, such as lithium batteries electrolytes, lubricants, coatings, and plasticizers. However, factors such as the scarcity of raw materials and regulations over the use of ethylene carbonate are restraining the growth of this market. Regulations regarding the use of ethylene carbonate is likely to get flexible in the near future (as there are no direct substitutes available for the end-use industries) and therefore, is anticipated to have less impact on the growth of this market.

The ethylene carbonate market has been segmented on the basis of application, end-use industry, and region. The lithium battery electrolytes segment is projected to witness a high growth due to the need for high power and energy density, which has increased the demand for reliable and safe batteries for industries, such as automotive and consumer electronics. Some major driving factors for the growth of this market include an increase in demand for Electric Vehicles (EV), stringent government mandates on fuel economy, rise in demand for smart devices and other consumer electronics, and developments to enhance Li-ion batteries. However, factors such as overheating of lithium-ion batteries causing security concerns and inadequate charging infrastructure act as restraints for the growth of the lithium battery electrolytes segment.

The automotive segment is expected to lead the ethylene carbonate market during the forecast period. Reduced emission of Volatile Organic Compounds (VOCs) and durable protective surface coating on vehicles make ethylene carbonate preferable to be used in the automotive industry. There has been a consistent rise in the number of vehicles in use in Asia Pacific, Europe, and North America over the past decade, which is fueling the demand for ethylene carbonate.

Asia Pacific, Europe, and North American regions are the major markets for ethylene carbonate. The ethylene carbonate market in Asia Pacific is projected to grow at the highest CAGR during the forecast period. The increasing demand for lubricants from oil & gas, industrial, and automotive industries is driving the growth of the ethylene carbonate market in Asia Pacific. The increase in demand is due to the growing population and economic growth in China and Taiwan. China, Taiwan, South Korea, and Japan are the leading consumers of ethylene carbonate in Asia Pacific.

Ethylene Carbonate Market

Volatility in raw material prices is a risk for ethylene carbonate manufacturers as it is expected to bring down the profit margins. The ethylene carbonate market is also affected by the high transport costs and manufacturing costs.

Oriental Union Chemical Corporation (Taiwan), Huntsman (US), BASF (Germany), Mitsubishi Chemical (Japan), and Toagosei Co., Ltd. (Japan) are the leading companies operating in the ethylene carbonate market. These companies are expected to account for significant shares of the ethylene carbonate market in the coming years.

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