Rising Demand For Lithium-ion Batteries Are Anticipated To Push Propylene Carbonate Market Sales Growth

Rising Demand For Lithium-ion Batteries Are Anticipated To Push Propylene Carbonate Market Sales Growth

“Propylene Carbonate Market Report By Fact.MR”
The increasing emergence of and popularity of hybrid and electric vehicles is being observed globally owing to environmental change concerns, forcing governments to promote renewable energy resource adoption.

Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections for Sales & Demand of Propylene Carbonate, its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies.

SWOT analysis has been performed in the Sales study to investigate the strengths, weaknesses, opportunities and threats of each player, both at global and regional levels.

 

Propylene Carbonate Market: Introduction

Propylene Carbonate is a transparent organic chemical compound made by reacting propylene with carbon dioxide. Propylene Carbonate is a propylene glycol derived from carbonate ester, known as a VOC-exempt solvent aprotic and polar solvent. Along with high boiling and flash points and a mild ether-like odor, propylene carbonate is also non-corrosive.

The key driving factor for the global Propylene Carbonate market is the paints & coatings market and its use as an electrolyte in Lithium-ion batteries. The other key applications of propylene carbonate are its use as a cleaning solvent and additive.

The increasing emergence of and popularity of hybrid and electric vehicles is being observed globally owing to environmental change concerns, forcing governments to promote renewable energy resource adoption.

 

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Company share analysis is used to derive the size of the global Propylene Carbonate market. As well as a study of the revenues of companies for the last several years also provides the base for forecasting the market size and its Sales growth rate.

This study offers an overview of the existing market trends, metrics, drivers, and restrictions and also offers a point of view for important segments. The report also tracks product and services demand growth forecasts for the market.

There is also to the study approach a detailed segmental review. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.

The Key trends Analysis of Propylene Carbonate also provides dynamics that are responsible for influencing the future Sales and Demand of Propylene Carbonate market over the forecast period.

 

Propylene Carbonate Market: Segmentation

The global Propylene Carbonate market is segmented on the basis of grade, end-use industry and region.

Based on the application, the global Propylene Carbonate market is segmented as:

  • Solvent
  • Electrolyte
  • Additive & Chemical intermediate
  • Others

Based on the end use, the global Propylene Carbonate market is segmented as:

  • Li-ion batteries
  • Paints & Coatings
  • Cosmetics & Personal Care
  • Foundry
  • Polyurethanes
  • Others

Based on region, the global Propylene Carbonate market is segmented as:

  • North America
  • Latin America
  • Europe
  • CIS & Russia
  • Japan
  • Asia Pacific excluding Japan (APEJ)
  • Middle East & Africa (MEA)

The application of Propylene Carbonate in Lithium-ion batteries (as an electrolyte) and paints & coatings & cleaning applications is estimated to account for over 50% of the market over the forecast period owing to its versatility and wide scale applications.

The Propylene Carbonate Sales study analyzes crucial trends that are currently determining the growth of Propylene Carbonate Market.

 

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Propylene Carbonate Market: Regional Outlook

Based on geographies, the global Propylene Carbonate market is segmented into seven regions including North America, Latin America, Europe, CIS & Russia, Japan, APEJ (the Asia Pacific excluding Japan) and MEA.

Among the above-mentioned regions, North America and Europe is estimated to account for more than 35% of global propylene carbonate consumption with major producers having their propylene carbonate manufacturing facilities in the regions.

Asia-Pacific excluding Japan on the back of China and other emerging economies is anticipated to witness a medium to high growth in the global Propylene Carbonate market during the long-term forecast.

Moreover, North America followed by Europe are projected to showcase moderate growth in the global Propylene Carbonate market with Japan following a trend similar to these regions. Middle East & Africa and Latin America account for a mere single digit market share in terms of propylene carbonate demand.

 

The report covers following Propylene Carbonate Market insights and assessment that are helpful for all participants involved in the Propylene Carbonate market:

  • Data on recently introduced regulations and their impact on key industries and on demand in Propylene Carbonate
  • Latest industry Analysis on Propylene Carbonate Market , with key analysis of market drivers, trends, and influencing factors
  • Key trends Analysis of Propylene Carbonate market and changing consumer preferences in major industries.
  • Changing Propylene Carbonate demand and consumption of diverse products
  • Major trends underlining funding by key investors in numerous countries
  • New investment opportunities in diverse technology and product or service types
  • Comprehensive data and Competitive analysis of Propylene Carbonate major players
  • Propylene Carbonate market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
  • Propylene Carbonate demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth

 

NOTE: Our team are studying Covid19 and its impact on the Sales growth of Propylene Carbonate market and where necessary we will consider the Covid-19 footmark for better analysis of the market Demand and industries outlook. Contact us cogently for more detailed information.

Further, the Propylene Carbonate market Survey report emphasizes the adoption pattern And Demand of Propylene Carbonate Market across various industries.

The Propylene Carbonate Sales study offers a comprehensive analysis on diverse features including production capacities, Propylene Carbonate demand, product developments, Propylene Carbonate revenue generation and Propylene Carbonate Market Outlook across the globe.

 

Competitive Landscape Analysis On PEEK Filament Market:

To provide decision-makers with credible insights on their competitive landscape, the Propylene Carbonate industry research report includes detailed market competitive landscape analysis.

The competitive landscape analysis for Propylene Carbonate Market includes detailed profiles of Tier 1, Tier 2, and Tier 3 players. The respective market share of Propylene Carbonate manufacturers is provided so business leaders can understand the market scenario.

List of the Leading Companies Profiled in the Propylene Carbonate Market are:

Prominent players for the global Propylene Carbonate market are BASF SE, Eastman Chemical Company and Huntsman Corporation are major market contenders serving the global markets with manufacturing facilities in the U.S. and Europe. The Propylene Carbonate market consists of well-diversified global and regional players with the global vendors ruling the market.

 

After glancing through the report on global Propylene Carbonate market Demand, readers will get valuable insight into the following:  

  • What opportunity Trends and drivers await the market in the forthcoming years?
  • Which of the regions are likely to offer plethora of opportunities for the global Propylene Carbonate market Demand?
  • What are the emerging Sales revenue streams for the Propylene Carbonate market?
  • What are the business models and technologies with disruptive potential?
  • Precise Year-on-Year growth of the Propylene Carbonate market Share.

The Survey report highlights the growth factors and entry barriers for the key players and talks about the new trends emerging in the global Propylene Carbonate market. In addition to this, the study sheds light on changing market size, revenue growth, and share of important product segments. Analysts at Fact.MR give prominent data on recent technological developments and product developments in the Propylene Carbonate Demand during the assessment period.

A comprehensive estimate on Demand of Propylene Carbonate market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of Propylene Carbonate market during the forecast period. Price point comparison by region with global average price is also considered in the study.

 

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