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.
Being listed in the EPA Safer Chemicals Ingredients List in the Solvents category, propylene carbonate is used in a number of end uses including paints & coatings, adhesives & sealants, pharmaceuticals, Li-ion batteries, personal care, and cleaners amongst others. Though not all companies offer pharmaceutical-grade propylene carbonate, the majority of the market offers the battery and industrial grades of propylene carbonate for use in the above-mentioned application areas
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Prominent players
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.
The research report presents a comprehensive assessment of the Propylene Carbonate market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Propylene Carbonate market report provides analysis and information, according to market segments such as geographies, application and industry.
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:
Based on the end use, the global Propylene Carbonate market is segmented as:
Based on region, the global Propylene Carbonate market is segmented as:
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 report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Propylene Carbonate report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Propylene Carbonate report also maps the qualitative impact of various market factors on market segments and geographies.
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