Alkylene Carbonates Market Product Scope and Demands Forecast for 2023

Alkylene Carbonates are cyclic esters of carbonic acid. Alkylene Carbonates are used in various formulations which include emulsifiable concentrates (EC), microemulsifiable concentrates (MEC), concentrated emulsions, suspoemulsions, and microemulsions. They possess various properties such as low volatile organic content (VOC), low toxicity, readily biodegradable, high boiling point, low- odour, all these properties make them excellent solvent choice.

The prominent players operating in the Alkylene Carbonates Market include BASF SE (Germany), Huntsman International LLC (U.S.), Sigma-Aldrich Co. LLC. (U.S), Mitsubishi Chemical Corporation (Japan), Tongling Jintai Chemical Industrial Co. Ltd (China), Alfa Aesar (U.S.), Qingdao Shinda Chemical Co., Ltd. (China) and others.

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The Global Alkylene Carbonates Market is segmented based on type, end use industry and region. Based on the type, market is segmented into ethylene carbonate, propylene carbonate, and glycerine carbonate. Based on end use industry, the market is categorized into paints & coatings, agriculture, textiles & fabrics, cosmetics & personal care, and others. Based on region, this market is segmented into Asia Pacific, Europe, Latin America, North America, and Middle East & Africa.

Asia Pacific is expected to be the fastest growing region within the forecast period owing to the rising demand for cosmetic & personal care products among the increasing population. Growth of manufacturing bases for paints & coatings, textile & fabrics, and personal care is expected to drive the market growth. Growth is mainly observed in India and China due to the rising in industrialization coupled with high disposable income.

Based on region, Global Alkylene Carbonates Market segmentation includes its current and estimated demand in Asia Pacific, Europe, Latin America, North America, and Middle East & Africa. Regionally, Asia Pacific is set to witness exponential growth within the forecast period due to increasing demand from paints & coatings, cosmetics & personal care industries. Ethylene Carbonate is used as a component in paints & coating, thus widely used in construction industry. Growth of Asia Pacific region is driven by the growth of construction industry. Also, usage of Alkylene Carbonate in lubricants and agrochemical has proven as a major driver for this market.

Browse the market data and information spread across 137 pages with 35 data tables and 11 figures of the report "Alkylene Carbonates Market Research Report- Forecast to 2023" in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/alkylene-carbonates-ma...

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