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    US Ethylene Carbonate Market

    ID: MRFR/CnM/19752-HCR
    111 Pages
    Chitranshi Jaiswal
    October 2025

    US Ethylene Carbonate Market Research Report: By Form (solid, liquid), By Application (lithium battery electrolytes, lubricants, plasticizers, surface coatings, chemical intermediates, fiber processing agents dyes, others) and By End Use Industry (automotive, oil & gas, textile, chemical, medical, personal care & hygiene, agriculture, others) - Forecast to 2035

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    US Ethylene Carbonate Market Summary

    The US Ethylene Carbonate market is projected to grow significantly from 132.9 million USD in 2024 to 404.3 million USD by 2035.

    Key Market Trends & Highlights

    US Ethylene Carbonate Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 10.65% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 404.3 million USD, indicating robust growth potential.
    • In 2024, the market is valued at 132.9 million USD, reflecting the current demand for ethylene carbonate in various applications.
    • Growing adoption of electric vehicles due to environmental regulations is a major market driver for the US Ethylene Carbonate market.

    Market Size & Forecast

    2024 Market Size 132.9 (USD Million)
    2035 Market Size 404.3 (USD Million)
    CAGR (2025-2035) 10.65%

    Major Players

    Liyang Jinhui Chemical, BASF, Kraton Corporation, Mitsubishi Chemical, Afton Chemical, SABIC, Evonik Industries, Jiangxi Special Economic Zone, Shijiazhuang Hongsheng Chemical, Solvay, Dongying Juhua Chemical, Eastman Chemical Company, LyondellBasell, Arkema, Nanjing Qiyuan Chemical

    US Ethylene Carbonate Market Trends

    The US Ethylene Carbonate Market is currently experiencing significant growth driven by a combination of factors. One of the key market drivers is the increasing demand for battery applications, particularly in electric vehicles and portable electronic devices. This surge is largely attributed to the growing focus on renewable energy and the need for sustainable transportation solutions in the US. Additionally, the rise of the electric vehicle market aligns with government initiatives aimed at reducing carbon emissions, leading to increased investment in battery technologies that utilize ethylene carbonate as a solvent.

    There are numerous opportunities yet to be explored within the US market.Research and development for alternative sources of ethylene carbonate, such as bio-based feedstocks, present a chance for companies to enhance sustainability. Moreover, advancements in lithium-ion batteries could open up new applications for ethylene carbonate, strengthening its market presence further. The rising trend toward circular economy practices is also encouraging manufacturers to implement recycling technologies for ethylene carbonate, thereby enhancing its appeal to environmentally-conscious consumers and businesses.

    Recent trends in the US specifically highlight a shift towards adopting greener technologies in chemical processes that use ethylene carbonate.The push for more efficient production methods, alongside stricter environmental regulations, drives innovation within the sector. Furthermore, collaborations between chemical manufacturers and technology firms have emerged, aiming to improve the performance and efficiency of ethylene carbonate in various applications. Such cooperative efforts are essential to keeping pace with the evolving landscape of the US Ethylene Carbonate Market.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Market Segment Insights

    Ethylene Carbonate Market Form Insights

    The Form segment of the US Ethylene Carbonate Market is integral to understanding the overall dynamics and potential of this industry. This segment is primarily divided into two main types: solid and liquid forms, each playing a pivotal role in industrial applications. Liquid ethylene carbonate is often preferred for its versatility, finding applications in solvents, electrolytes for batteries, and various chemical processes, which make it a preferred choice for many industries, including automotive and electronics.

    Solid ethylene carbonate, while used less frequently, is significant in applications that demand a stable, high-purity product.The growing demand for advanced battery technology has also led to an increased interest in both forms, as they are critical components in energy storage solutions. The US government’s initiatives to boost electric vehicle production and renewable energy sources have further driven the demand for both solid and liquid forms within this segment. Moreover, the market for ethylene carbonate continues to grow as end-users seek materials that can enhance the efficiency and performance of their products.

    Current trends indicate that environmental regulations and a drive toward sustainability are also becoming critical growth drivers for the use of less hazardous forms of ethylene carbonate, aligning with the broader efforts of the US to reduce chemical waste and promote green chemistry.In summary, the liquid and solid forms of the US Ethylene Carbonate Market are essential to various applications and industries, positioning themselves as key players in the evolving landscape of materials science and energy solutions, creating opportunities for innovation and expansion in the market.

    The segmentation of the US Ethylene Carbonate Market data emphasizes the distinctive roles these forms play, illustrating their importance in meeting the demands of a changing industrial environment while also aligning with sustainability goals.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Ethylene Carbonate Market Application Insights

    The US Ethylene Carbonate Market exhibits a diverse range of applications, reflecting its critical role across various industries. Among these, lithium battery electrolytes stand out due to the increasing demand for electric vehicles and energy storage solutions, leveraging Ethylene Carbonate’s excellent solvation properties to enhance battery performance. Lubricants also play a vital role, particularly in automotive and industrial sectors, where they contribute to improved machinery efficiency and reduced wear.

    Additionally, plasticizers utilize Ethylene Carbonate to enhance the flexibility and durability of polymers, supporting applications in construction and consumer goods.Surface coatings benefit from Ethylene Carbonate’s ability to improve adhesion and chemical resistance, beneficial in manufacturing processes. In the realm of chemical intermediates, Ethylene Carbonate serves as a crucial building block, enabling the synthesis of various chemicals used across many sectors. Fiber processing agents and dyes find value in Ethylene Carbonate for its solvent properties, aiding in textile production and color fixation.

    The overall trend within these applications indicates a robust growth trajectory, driven by technological advancements and increasing product adoption in the US market, showcasing a significant alignment with sustainability initiatives as industries shift toward environmentally friendly materials.

    Ethylene Carbonate Market End Use Industry Insights

    The US Ethylene Carbonate Market focuses heavily on various industries where its applications play a crucial role in enhancing functionality and performance. The automotive sector utilizes Ethylene Carbonate in the production of battery electrolytes, contributing to advancements in electric vehicle technologies and supporting the growing shift towards sustainable transportation. In the oil and gas industry, this compound is important for improving the stability and efficiency of drilling fluids.

    The textile industry benefits from its use in textile processing, where it acts as a solvent, enhancing dye uptake and improving overall fabric quality.In the chemical sector, Ethylene Carbonate acts as a solvent, crucial for the synthesis of various chemicals, adding value to its applications. The medical field sees its usage in drug formulations and controlled drug delivery systems, showcasing its significance in healthcare advancement. Personal care and hygiene products also leverage Ethylene Carbonate for its excellent solvent properties, enhancing the effectiveness of cosmetic formulations.

    Agriculture utilizes this compound in agrochemicals to increase efficiency and effectiveness in crop production, indicating its importance across multiple industries.Overall, the US Ethylene Carbonate Market segmentation reflects a diverse array of end-use applications, underscoring its integral role in driving innovation and supporting economic growth across these industries.

    Get more detailed insights about US Ethylene Carbonate Market Research Report - Forecast Report 2035

    Key Players and Competitive Insights

    The US Ethylene Carbonate Market has become increasingly competitive, driven by a surge in demand for this versatile chemical, commonly used in solvents, electrolyte formulations for lithium batteries, and as an intermediate in the production of various compounds. The growing automotive and electronics industries have fueled the requirement for high-performance materials, prompting market players to enhance their production capabilities and innovate product offerings. Companies are also focusing on sustainability and environmentally-friendly production methods, responding to the increasing regulations and consumer preference for greener products.

    Competitive dynamics in this market primarily revolve around pricing strategies, technological advancements, and the ability to establish reliable supply chains to ensure consistency and quality in production.Liyang Jinhui Chemical has carved a notable position within the US Ethylene Carbonate Market by leveraging its manufacturing expertise and commitment to quality. The company's production facilities are equipped with advanced technologies that allow for efficient production processes, thus enabling Liyang Jinhui Chemical to meet the rising demand effectively.

    With a strong focus on customer relationships and tailored solutions, Liyang Jinhui Chemical emphasizes its strength in producing high-purity ethylene carbonate that appeals to various industries. This consistency in product quality has bolstered their reputation as a reliable supplier in the competitive landscape. Furthermore, their strategic initiatives focus on enhancing customer service and technical support, positioning the company favorably against competitors in the market.BASF, a key player in the US Ethylene Carbonate Market, draws from its extensive global presence and significant investment in research and development.

    The company offers a well-rounded portfolio of products, including high-performance specialty solvents and battery electrolytes formulated with ethylene carbonate, aimed specifically at meeting the industry demands for electric vehicle components and energy storage systems. BASF's strengths lie in its robust supply chain and its ability to scale operations efficiently, thereby ensuring availability to US manufacturers. Through strategic partnerships, mergers, and acquisitions, BASF continually enhances its market position.

    The company actively engages in sustainability initiatives, focusing on the development of eco-friendly products and processes that appeal to the evolving needs of the US market, positioning BASF as an innovative leader in the ethylene carbonate sector.

    Key Companies in the US Ethylene Carbonate Market market include

    Industry Developments

    In recent months, the US Ethylene Carbonate Market has witnessed significant developments. Companies such as BASF and Evonik Industries have been actively expanding their production capabilities to meet the increasing demand for batteries and specialty chemicals, particularly in the electric vehicle sector. In July 2023, LyondellBasell announced plans to enhance their ethylene carbonate production through advanced manufacturing technologies, aligning with sustainability goals set forth by industry regulations. There have been reports regarding the growth in market valuation for Kraton Corporation and SABIC, attributed to their strategic partnerships focused on innovation and eco-friendly solutions.

    Additionally, in August 2023, Eastman Chemical Company completed a merger with a key player in the chemical sector to fortify its market position and broaden its product offerings. Over the past couple of years, Shijiazhuang Hongsheng Chemical made headlines in October 2022 by securing government contracts that boosted its operational scale in the US. These ongoing developments reflect a dynamic market landscape heavily influenced by technological advancements and rising environmental standards. As companies continue to navigate these trends, the US Ethylene Carbonate Market is set to evolve rapidly, driven by both consumer demand and regulatory frameworks.

    Market Segmentation

    Outlook

    • automotive
    • oil & gas
    • textile
    • chemical
    • medical
    • personal care & hygiene
    • agriculture
    • others

    Ethylene Carbonate Market Form Outlook

    • solid
    • liquid

    Ethylene Carbonate Market Application Outlook

    • lithium battery electrolytes
    • lubricants
    • plasticizers
    • surface coatings
    • chemical intermediates
    • fiber processing agents dyes
    • others

    Ethylene Carbonate Market End Use Industry Outlook

    • automotive
    • oil & gas
    • textile
    • chemical
    • medical
    • personal care & hygiene
    • agriculture
    • others

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 121.67(USD Million)
    MARKET SIZE 2024 132.86(USD Million)
    MARKET SIZE 2035 404.32(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 10.647% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Liyang Jinhui Chemical, BASF, Kraton Corporation, Mitsubishi Chemical, Afton Chemical, SABIC, Evonik Industries, Jiangxi Special Economic Zone, Shijiazhuang Hongsheng Chemical, Solvay, Dongying Juhua Chemical, Eastman Chemical Company, LyondellBasell, Arkema, Nanjing Qiyuan Chemical
    SEGMENTS COVERED Form, Application, End Use Industry
    KEY MARKET OPPORTUNITIES Growing demand in battery applications, Expansion in green solvents market, Increasing use in pharmaceuticals, Rising adoption in electrolyte formulations, Development of sustainable production methods
    KEY MARKET DYNAMICS Growing demand from batteries, Expanding electronics applications, Increasing use in solvents, Regulatory support for green chemicals, Rising competition from substitutes
    COUNTRIES COVERED US

    FAQs

    What is the expected market size of the US Ethylene Carbonate Market in 2024?

    The US Ethylene Carbonate Market is expected to be valued at 132.86 million USD in 2024.

    What will be the market value of the US Ethylene Carbonate Market by 2035?

    By 2035, the US Ethylene Carbonate Market is anticipated to reach a valuation of 404.32 million USD.

    What is the expected compound annual growth rate (CAGR) for the US Ethylene Carbonate Market from 2025 to 2035?

    The market is expected to grow at a CAGR of 10.647% from 2025 to 2035.

    Which form is projected to hold the larger market share in the US Ethylene Carbonate Market by 2035?

    The liquid form of ethylene carbonate is projected to be valued at 283.2 million USD by 2035.

    Who are the key players in the US Ethylene Carbonate Market?

    Notable players include BASF, Mitsubishi Chemical, and SABIC among others.

    What are the estimated values for solid and liquid forms of the US Ethylene Carbonate Market in 2024?

    In 2024, the solid form is valued at 40.0 million USD while the liquid form is valued at 92.86 million USD.

    How does the US Ethylene Carbonate Market drive various applications?

    Ethylene carbonate is widely used in the production of lithium-ion batteries and as a solvent in various chemical processes.

    What are the emerging trends in the US Ethylene Carbonate Market?

    There’s an increasing demand for eco-friendly solvents and materials, driving growth in the ethylene carbonate sector.

    What challenges does the US Ethylene Carbonate Market currently face?

    Challenges include regulatory hurdles and competition from alternative solvents.

    What will be the market growth rate for the liquid form of US Ethylene Carbonate Market from 2025 to 2035?

    The liquid form is anticipated to experience significant growth, contributing to the overall CAGR of 10.647% for the market during this period.

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