PUBLISHER: QYResearch | PRODUCT CODE: 1873352
PUBLISHER: QYResearch | PRODUCT CODE: 1873352
The global market for Propylene Carbonate (PC) was estimated to be worth US$ 626 million in 2024 and is forecast to a readjusted size of US$ 961 million by 2031 with a CAGR of 6.4% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Propylene Carbonate (PC) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Propylene carbonate, a colorless to yellowish liquid with fruity odor, is a kind of VOC-exempt clear polar solvent having high boiling and flash points, a low order of toxicity and a mild ether-like odor. It is stable under most conditions and is not hydroscopic or corrosive. PC is particularly well suited for applications requiring a water white product or high purity.
The Propylene Carbonate (PC) market has been experiencing steady growth, primarily driven by its diverse range of industrial applications and the global push toward environmentally friendly solvents. As a biodegradable and non-toxic compound, PC has gained popularity in sectors such as electronics, pharmaceuticals, and cosmetics, where demand for sustainable and high-performance solvents is rising. Additionally, its use as an electrolyte solvent in lithium-ion batteries is expanding rapidly due to the ongoing growth of the electric vehicle and energy storage markets.
On the supply side, market dynamics are influenced by the availability of propylene oxide, a key raw material, and by regional production capabilities, particularly in Asia-Pacific, which leads global PC production. Regulatory frameworks supporting green chemistry and innovations in battery technology are also shaping market trajectories. As companies continue to invest in cleaner and more efficient chemical processes, the PC market is expected to evolve with increasing emphasis on high-purity grades and performance optimization for advanced applications.
This report aims to provide a comprehensive presentation of the global market for Propylene Carbonate (PC), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Propylene Carbonate (PC) by region & country, by Type, and by Application.
The Propylene Carbonate (PC) market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Propylene Carbonate (PC).
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Propylene Carbonate (PC) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Propylene Carbonate (PC) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Propylene Carbonate (PC) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.