Global Alkylene Carbonate Market Demand & Forecast Analysis, 2018-2034

Description

The global alkylene carbonate market has witnessed strong growth in recent years, driven by the increasing demand across a variety of end use industries such as textiles, personal care & cosmetics, agriculture, industrial chemicals, and paints & coatings. Alkylene carbonates, including ethylene carbonate, propylene carbonate, and glycerin carbonate, serve as key intermediates and solvents due to their excellent chemical and physical properties, such as high boiling points, low toxicity, and biodegradability. This makes them suitable for use in both industrial processes and consumer products, further broadening their application base and market potential.

Demand by Type/Application

Among the various types of alkylene carbonates, ethylene carbonate and propylene carbonate lead the market both in volume and value. Ethylene carbonate is widely used in lithium-ion battery electrolytes, industrial lubricants, and as a plasticizer in polymer production. On the other hand, propylene carbonate is commonly used in cosmetics and personal care products, serving as an effective solvent and viscosity modifier. Glycerin carbonate, although relatively new, is gaining traction due to its sustainable and bio-based origin, appealing to environmentally conscious industries. In terms of applications, the cosmetics and personal care segment holds a substantial share due to the rising demand for safer and effective formulation ingredients. The industrial chemicals segment also represents a significant portion of the market, driven by its use as a solvent, intermediate, and additive in various formulations.

Regional Demand Analysis

Regionally, Asia-Pacific accounts for the largest share of the global alkylene carbonate market, led by strong industrial growth in China, India, and Southeast Asia. The region benefits from increasing demand in automotive, personal care, and manufacturing sectors, as well as the availability of raw materials and labor. North America and Europe follow, with robust demand driven by advanced technological applications in automotive lubricants, coatings, and environmentally friendly formulations. The growth in Europe is particularly underpinned by regulatory shifts favoring sustainable and low-emission chemical products. Latin America and the Middle East & Africa are emerging markets, gradually adopting alkylene carbonates in agricultural and textile sectors.

Key Manufacturers

Key companies operating in the global alkylene carbonate market include BASF, Huntsman, Mitsubishi Chemical Corporation, Qingdao Shinda Chemical Co., Ltd., and Tongling Jintai Chemical Industrial Co. Ltd. These companies are actively investing in research and development to innovate cleaner and more efficient production methods. Partnerships, capacity expansions, and strategic acquisitions remain common strategies to gain competitive advantages and cater to the growing demand in emerging economies. Companies like BASF and Mitsubishi Chemical are also emphasizing bio-based alternatives, anticipating the global shift toward sustainable chemical solutions.

Market Driver

A key driver for the alkylene carbonate market is the growing demand from the personal care & cosmetics end use industry. With rising consumer preference for non-toxic, skin-friendly, and environmentally safe ingredients, alkylene carbonates serve as ideal solvents and emulsifiers in product formulations. Their low irritation potential and high compatibility with active ingredients make them popular among formulators and manufacturers. The trend toward natural and organic personal care products further reinforces the demand for glycerin carbonate, providing additional momentum to market expansion.

1. Introduction

Scope
Market Coverage
- Types
- Applications
- Regions
- Countries
Years Considered
- Historical - 2018 - 2023
- Base - 2024
- Forecast Period - 2025 - 2034
Research Methodology
- Approach
- Research Methodology
- Prismane Consulting Market Models
- Assumptions & Limitations
- Abbreviations & Definitions
- Conversion Factors
- Data Sources

2. Market Synopsis

Market Evolution
Demand Overview
Industry Structure
Strategic Issues
End-use Trends
Growth Forecast

3. Economic & Energy Outlook

GDP and Demographics
Monetary & Fiscal Policies
Crude Oil Production and prices
Natural Gas
Electricity Prices

4. End-use Sector Performance

Textile
Cosmetic
Personal Care
Paints & Coatings
Agriculture
Industrial
Chemical
Others

5. Introduction to Alkylene Carbonate and Market Overview

Product Description
Grades & Properties
Raw Material
Manufacturing Process
Environmental Issues
Value Chain
Applications

6. Market Dynamics and Industry Trends

Market Dynamics
- Drivers
- Restraints
- Opportunities
- Challenges

7. Global Alkylene Carbonate Demand Analysis, By Types, By Applications (Volume, Value) (2018-2034)

Strategic Issues and COVID-19 Impact
Demand Analysis and Forecast (2018- 2034)
- Demand
- Demand Growth Rate (%)
- Driving Force Analysis
- Global Alkylene Carbonate Market, By Types
Ethylene Carbonate
Propylene Carbonate
Glycerin Carbonate
- Global Alkylene Carbonate Market, By Applications
Textiles & Fabrics
Cosmetics & Personal Care
Paints & Coatings
Agriculture
Industrial Chemicals
Lubricants
Others

8. Demand Analysis and Market Review, By Region, By Country (Volume, Value), (2018- 2034)

Strategic Issues and COVID-19 Impact
Demand Analysis and Forecast (2018- 2034)
Demand
Demand Growth Rate (%)
Alkylene Carbonate Market, By Types
Alkylene Carbonate Market, By Applications

Note: Demand Analysis has been provided for all major Regions / Countries as mentioned below. The demand (consumption) split by types and applications have been provided for each of the countries / regions in Volume (Kilo tons) and Value (USD Million).

North America
USA
Canada
Mexico
Western Europe
Germany
France
Italy
United Kingdom
Spain
Rest of Western Europe
Central & Eastern Europe
Russia
Poland
Rest of Central & Eastern Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Central & South America
Middle East & Africa

Note: CAGR will be calculated for all types and applications to arrive at the regional / global demand growth for the forecast period (2025 - 2034)

9. Pricing Analysis

10. Key Strategic Issues and Business Opportunity Assessment

Market Attractiveness Assessment
Prospective & Target Market Study

11. Strategic Recommendation & Suggestions

12. Company Analysis

Alkylene Carbonate Manufacturers Profiles/ Company Analysis
- Basic Details
- Headquarter, Key Markets
- Ownership
- Company Financial
- Manufacturing Bases
- Global Turnover
- Total Employee
- Product Portfolio / Services / Solutions
- Key Business Strategies adopted and Prismane Consulting Overview
- Recent Developments
- Companies Covered -
BASF
Huntsman
Mitsubishi Chemical Corporation
Tongling Jintai Chemical Industrial Co. Ltd
Sigma-Aldrich Co. LLC
Qingdao Shinda Chemical Co., Ltd.
Alfa Asear
Fisher Scientific
Other Manufacturers

Note: This section includes company information, company financials, manufacturing bases and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.

13. Appendices

Demand - Regions
Demand - Countries