Ethylene Carbonate Market Size & Share Report, 2022-2029
Ethylene Carbonate Market touched USD 480 million in 2021 and is projected to reach USD 788 million in 2029 growing at a CAGR of 6.4% during the forecast period 2022-2029. The factors driving the growth of Ethylene Carbonate Market includes growing demand for lithium-ion batteries and increasing application of Ethylene Carbonate in oil and gas, consumer electronics and automotive industry and rising sales of Electric Vehicles around the world. Moreover, the growing use of Ethylene Carbonate as a solvent in resins, adhesives & sealants, and increasing environment concerns about global warming and depletion of fossil fuels around the world, are pushing the demand for Ethylene Carbonate solutions. In addition, rapid urbanization, rising disposable incomes and increasing economic activities in the emerging economies such as China, Brazil, and South Korea, are expected to boost the market growth in the approaching year. However, the growth of Ethylene Carbonate Market is hindered...