Enjoy complimentary customisation on priority with our Enterprise License!
The ethylene carbonate (EC) market size is forecast to increase by USD 223.48 million at a CAGR of 10.32% between 2023 and 2028. The Ethylene Carbonate (EC) market is experiencing significant growth, driven by several key factors. The automotive industry's expansion, particularly in emerging economies, is a major growth driver. EC is extensively used in the production of batteries for electric vehicles (EVs), which are increasingly gaining popularity due to their environmental benefits and decreasing battery costs. Moreover, the volatile crude oil prices continue to influence the EC market, as it is derived from crude oil. The market is also influenced by trends such as the increasing demand for lightweight and high-performance batteries in the automotive and energy storage industries. However, challenges such as the high production cost and the availability of substitutes may hinder the market's growth. Despite these challenges, the EC market is expected to continue its upward trajectory due to its critical role in the production of high-performance batteries.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.