Los Angeles, CA -- (SBWIRE) -- 04/11/2019 -- 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.
Propylene carbonate, usually synthesized by propylene oxide and carbon dioxide, takes the appearance of a colorless to yellowish liquid, and emanates no notable odor. One of its primary industrial uses is as a solvent—in particular, as an aprotic solvent and racemate, such as function as a component of electrolytes in lithium batteries. Moreover, propylene carbonate also acts as the intermediate during the production of dimethyl carbonate.
According to its purity and applications, propylene carbonate can be divided into the lithium battery grade and industrial grade. For lithium battery grade, the purity of propylene carbonate should stay above 99.7%min, of which usually ranges from 99.95% to 99.99%. For industrial grade, propylene carbonate is mainly used as solvent in other industries and intermediate of DMC. The purity keeps at 99% -99.7%.
The global propylene carbonate production is mainly dominated by China for the time being. Internationally, BASF, Huntsman and LyondellBasell are the key manufacturers.
The global Propylene Carbonate (PC) (CAS 108-32-7) market was 660 million US$ in 2018 and is expected to 940 million US$ by the end of 2025, growing at a CAGR of 5.3% between 2019 and 2025.
This report studies the Propylene Carbonate (PC) (CAS 108-32-7) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Propylene Carbonate (PC) (CAS 108-32-7) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
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BASF
Huntsman
LyondellBasell
Shida Shenghua Chemical
Daze Group
Shandong Depu Chemical
Hi-tech Spring Chemical
Linyi Evergreen Chemical
Shandong Feiyang Chemical
Lixing Chemical
Taixing Fengming Chemical
By the product type, the market is primarily split into
Lithium Battery Grade
Industrial Grade
By the end users/application, this report covers the following segments
Lithium Battery
Dimethyl Carbonate
Industrial Solvent
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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