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 possesses 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.
On the basis of 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.
Key Players:
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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Regional Analysis:
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.
The share of Alkylene Carbonate is expected to grow owing to the stringent regulations imposed by various nations such as Europe and North America to prevent volatile organic compounds emission in the atmosphere. Increasing number of initiatives being taken up by environmental agencies specifically in U.S, France, and Germany on usage of environmental friendly solvents is driving its consumption in coating industry.
Segmentation:
The Global Alkylene Carbonates Market is segmented on the basis of 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.
Geographical Analysis:
The report covers brief analysis of geographical regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
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Key Points from Table of Contents:
11. Company Profiles
11.1 BASF SE
11.1.1 Company Overview
11.1.2 Product/Business Segment Overview
11.1.3 Financial Updates
11.1.4 Key Developments
11.2 Huntsman International LLC
11.2.1 Company Overview
11.2.2 Product/Business Segment Overview
11.2.3 Financial Updates
11.2.4 Key Developments
11.3 Sigma-Aldrich Co. LLC
11.3.1 Company Overview
11.3.2 Product/Business Segment Overview
11.3.3 Financial Updates
11.3.4 Key Developments
11.4 Mitsubishi Chemical Corporation
11.4.1 Company Overview
11.4.2 Product/Business Segment Overview
11.4.3 Financial Updates
11.4.4 Key Developments
11.5 Tongling Jintai Chemical Industrial Co. Ltd
11.5.1 Company Overview
11.5.2 Product/Business Segment Overview
11.5.3 Financial Updates
11.5.4 Key Developments
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