United States Cyclic Carbonate (PC and EC) Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 0.7 Billion by 2030, growing at a CAGR of 8.1% from 2024 to 2030.
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The Us Cyclic Carbonate (Pc And Ec) Market Has Been Growing Steadily Due To Its Increasing Demand Across Multiple Industries. Cyclic Carbonates, Especially Propylene Carbonate (Pc) And Ethylene Carbonate (Ec), Are Widely Used In Diverse Sectors Such As Pharmaceuticals, Automotive, And Energy Storage. These Chemicals Play A Vital Role In Enhancing Product Performance And Efficiency, Making Them Essential For Various Industrial Processes.
Propylene Carbonate (Pc) And Ethylene Carbonate (Ec) Are Highly Sought After For Their Ability To Serve As Solvents In Lithium-Ion Battery Electrolytes. As Electric Vehicles (Evs) Become More Mainstream, The Demand For These Solvents Has Surged. Their Unique Properties, Such As Low Viscosity And High Dielectric Constant, Make Them Ideal For Improving Battery Performance And Longevity. This Trend Has Led To The Rapid Expansion Of The Cyclic Carbonate Market In The Us, Driven By The Increasing Demand For Evs And Renewable Energy Technologies.
In Addition To Energy Storage, Cyclic Carbonates Are Gaining Traction In The Pharmaceutical Industry. Propylene Carbonate, In Particular, Is Used In Drug Formulations As A Solvent Or Stabilizer. Its Ability To Dissolve Active Ingredients Efficiently Makes It A Preferred Choice For Pharmaceutical Applications. Furthermore, Cyclic Carbonates Are Being Explored For Their Potential In Other Industries Like Cosmetics, Coatings, And Adhesives, Contributing To Their Widespread Usage Across Sectors.
The Demand From Industries Is Further Bolstered By The Push For Sustainable Solutions. As Industries Focus More On Green Chemistry, Cyclic Carbonates Provide An Environmentally Friendly Alternative To Traditional Solvents, Contributing To Reduced Carbon Footprints. This Shift Towards Sustainability Aligns With The Growing Trend In The Us For Environmentally Conscious Manufacturing Practices.
As The Us Cyclic Carbonate (Pc And Ec) Market Continues To Evolve, It Is Clear That The Increasing Demand For Energy-Efficient Solutions, Combined With The Rise Of Electric Vehicles And Renewable Energy, Will Drive The Future Growth Of These Chemicals Across Multiple Industries.
Get an In-Depth Research Analysis of the US Cyclic Carbonate (PC and EC) Market Size And Forecast [2025-2032]
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Mitsubishi Chemical
BASF
Huntsman
LyondellBasell
OUCC
TOAGOSEI
Shida Shenghua
Daze Group
Shandong Depu chemical
Hi-tech Spring Chemical
Linyi Evergreen Chemical
Shandong Feiyang Chemical
Lixing Chemical
Zhongke Hongye
Haike Group
Liaoning Konglung Chemical
Hengyang New Energy Chemical
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Cyclic Carbonate (PC and EC) Market
Propylene Carbonate (PC)
Ethylene Carbonate (EC)
Lithium-ion Batteries
Supercapacitors
Automotive
Electronics
Aerospace
Chemical Manufacturing
Pharmaceuticals
High-Temperature Stability
Low Viscosity
High Dielectric Constant
Low Toxicity
Liquid Formulations
Solid Formulations
Powder Formulations
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Cyclic Carbonate (PC and EC) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Cyclic Carbonate (PC and EC) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Cyclic Carbonate (PC and EC) Market, By Type
6. US Cyclic Carbonate (PC and EC) Market, By Application
7. US Cyclic Carbonate (PC and EC) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Cyclic Carbonate (PC and EC) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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