Ethylene Carbonate Market by Application (Lubricants, Lithium Battery Electrolytes, Plasticizers, Surface Coatings), By End-Use Industry (Automotive, Oil & Gas, Industrial, Medical, Personal Care & Hygiene), and Region - Global Forecast to 2025
 
 
Based on the application, the lubricant segment is expected to be the most significant contributor in the ethylene carbonate market during the forecast period.
Based on the application, the lubricant segment is estimated to have the highest market share during the forecast period. The growth in this segment is attributed to its growing usage in industrial, oil & gas, and automotive end-use industry. In the automotive sector, lubricants are used as cooling and cleaning agents. The factors mentioned above are expected to drive demand during the forecast period.
By end-use industry, the automotive segment is expected to be the most significant contributor in the ethylene carbonate market during the forecast period.
Based on the end-use industry, the automotive segment is expected to account for the largest share of the market in 2020. The growth in this segment is attributed to due to different requirements by manufacturers, such as reduced emissions of volatile organic compounds (VOCs) and durable protective surface coating on vehicles. Moreover, the rising demand for electric vehicles will also drive the demand for ethylene carbonate. These factors are expected to drive demand during the forecast period. 

By Application

• Lithium Battery Electrolytes
• Lubricants
• Plasticizers
• Surface Coatings
• Others(capacitor electrolytes, resist strip solvents, fiber processing agents, soil hardening agents, organic solvents, and pharmaceutical)

By End-Use Industry:

• Automotive
• Industrial
• Medical
• Oil & Gas
• Personal Care & Hygiene
• Others (electronics, textile, and energy)

By Region:

• Asia Pacific (APAC)
• North America
• Europe
• Middle East & Africa
• South America