Product Code: 5418
Global Ethyl Methyl Carbonate Market is set to witness significant growth through 2032, primarily owing to the increasing demand for EVs and expanding pharmaceutical intermediates sector in Europe. As per reports, in 2021, the electric vehicle registrations in the region increased to 1,729,000 from 2020's figure of 1,061,000, depicting an increase of more than 17.5% within a year. In addition, the growing electronics sales and rising consumer spending in the Latin America region will further bolster the market value during the next ten years.
Furthermore, the key players in the ethyl methyl carbonate market are also seeking to strengthen their foothold in the industry by expanding their portfolio and entering meaningful mergers and acquisitions. To cite an instance, in August 2022, Indorama Ventures Public Company Limited announced entering into an agreement with Capchem Technology Inc.
Under the pact, the firm will study the opportunity to begin a lithium-ion battery solvents plant. The firm also claimed that the study would benefit the lithium-ion battery market in the North America and may further reduce its dependency on Asia. This will enable the major lithium-ion battery manufacturers in the region to cater to the increasing demand for electronic vehicles across the American countries.
Overall, the ethyl methyl carbonate market is bifurcated in terms of application and region.
On the basis of application, the ethyl methyl carbonate market is likely to be characterized by the Li-ion battery electrolyte segment, which is anticipated to grow at 18% CAGR through 2032. During the latest COVID-19 pandemic, the supply of batteries and other components was heavily disrupted, due to a lack of availability of critical raw materials, especially from countries such as China. However, with the economy getting back on track, the demand for lithium-ion batteries steadily rose. The continuing high demand for lithium batteries will drive the market demand through 2032.
In the regional context, the demand for ethyl methyl carbonate is set to expand at 18% CAGR by 2032 across the Asia Pacific countries. The regional market growth will be propelled by the increasing demand for electronic goods and automobiles. The adoption for polycarbonate synthesis has as well increased in countries such as Japan and China, and this sustained demand will add impetus to the demand for ethyl methyl carbonates during the next decade. As per reports, the electrical and optical equipment market has increased from 37.1% in 2020 to more than 56% in 2021.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Scope & definitions
- 1.2 Methodology and forecast parameters
- 1.3 Region-wise COVID-19 impact:
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 Latin America
- 1.3.5 Middle East & Africa
- 1.4 Regional trends
- 1.5 Data Sources
- 1.5.1 Secondary
- 1.5.2 Primary
Chapter 2 Executive Summary
- 2.1 Ethyl methyl carbonate industry 360 degree synopsis, 2018 - 2032
- 2.2 Business trends
- 2.3 Application trends
- 2.4 Regional trends
Chapter 3 Ethyl Methyl Carbonate Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry landscape, 2018 - 2032
- 3.2.1 Impact of COVID-19 outbreak
- 3.3 Industry ecosystem analysis
- 3.3.1 Raw material suppliers
- 3.3.2 Manufacturers
- 3.3.3 Distributors
- 3.3.4 Distribution channel analysis
- 3.3.5 Profit margin trends
- 3.3.6 Value addition at each stage
- 3.3.7 Vendor matrix
- 3.4 Regulatory landscape
- 3.5 Pricing analysis
- 3.5.1 Regional price trends
- 3.5.1.1 North America
- 3.5.1.2 Europe
- 3.5.1.3 Asia Pacific
- 3.5.1.4 Latin America
- 3.5.1.5 Middle East & Africa
- 3.5.2 Application price trends
- 3.5.3 Cost structure analysis
- 3.5.3.1 R&D cost
- 3.5.3.2 Manufacturing & equipment cost
- 3.5.3.3 Raw material cost
- 3.5.3.4 Distribution cost
- 3.5.3.5 Operating cost
- 3.5.3.6 Miscellaneous cost
- 3.5.4 COVID-19 impact on pricing
- 3.6 Technology landscape
- 3.6.1 Synthetic method
- 3.6.2 Catalyst used
- 3.7 Innovation & sustainability
- 3.7.1 Sustainable ethyl-methyl - Chinese National Natural Science Foundation and State Key Laboratory of Chemical Engineering
- 3.8 Industry impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Incrementing demand for electric vehicles
- 3.8.1.2 Ethyl methyl carbonate usage in fuel additive
- 3.8.2 Industry pitfalls and challenges
- 3.8.2.1 Complexities in production process
- 3.9 Porter's analysis
- 3.9.1 Supplier power
- 3.9.2 Buyer power
- 3.9.3 Threat of new entrants
- 3.9.4 Threat of substitutes
- 3.9.5 Industry rivalry
- 3.10 PESTEL analysis
- 3.11 COVID-19 impact on demand for ethyl methyl carbonate by application
- 3.11.1 Li-ion battery electrolyte
- 3.11.2 Chemical solvent
- 3.11.3 Pharmaceutical intermediates
- 3.11.4 Agrochemicals
- 3.11.5 Others
Chapter 4 Competitive Landscape, 2022
- 4.1 Introduction
- 4.2 Company market share, 2022
- 4.3 Competitive analysis of major market players, 2022
- 4.4 Vendor adoption matrix
Chapter 5 Ethyl Methyl Carbonate Market, By Application
- 5.1 Ethyl Methyl Carbonate market share, by product, 2022 & 2032
- 5.2 Li-ion Battery Electrolyte
- 5.2.1 Market estimate and forecast 2018 - 2032
- 5.2.2 Market estimate and forecast, by region, 2018 - 2032
- 5.3 Chemical Solvent
- 5.3.1 Market estimate and forecast 2018 - 2032
- 5.3.2 Market estimate and forecast, by region, 2018 - 2032
- 5.4 Pharmaceutical Intermediates
- 5.4.1 Market estimate and forecast 2018 - 2032
- 5.4.2 Market estimate and forecast, by region, 2018 - 2032
- 5.5 Agrochemicals
- 5.5.1 Market estimate and forecast 2018 - 2032
- 5.5.2 Market estimate and forecast, by region, 2018 - 2032
- 5.6 Others
- 5.6.1 Market estimate and forecast 2018 - 2032
- 5.6.2 Market estimate and forecast, by region, 2018 - 2032
Chapter 6 Ethyl Methyl Carbonate Market, By Region
- 6.1 Ethyl Methyl Carbonate market share, by region, 2022 & 2032
- 6.2 North America
- 6.2.1 North America ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.2.2 North America ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.2.3 U.S.
- 6.2.3.1 U.S. ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.2.3.2 U.S. ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.2.4 Canada
- 6.2.4.1 Canada ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.2.4.2 Canada ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.3 Europe
- 6.3.1 Europe ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.3.2 Europe ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.3.3 Germany
- 6.3.3.1 Germany ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.3.3.2 Germany ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.3.4 UK
- 6.3.4.1 UK ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.3.4.2 UK ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.3.5 France
- 6.3.5.1 France ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.3.5.2 France ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.3.6 Spain
- 6.3.6.1 Spain ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.3.6.2 Spain ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.3.7 Italy
- 6.3.7.1 Italy ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.3.7.2 Italy ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.4 Asia Pacific
- 6.4.1 Asia Pacific ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.4.2 Asia Pacific ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.4.3 China
- 6.4.3.1 China ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.4.3.2 China ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.4.4 India
- 6.4.4.1 India ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.4.4.2 India ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.4.5 Japan
- 6.4.5.1 Japan ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.4.5.2 Japan ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.4.6 Australia
- 6.4.6.1 Australia ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.4.6.2 Australia ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.4.7 Indonesia
- 6.4.7.1 Indonesia ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.4.7.2 Indonesia ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.4.8 Malaysia
- 6.4.8.1 Malaysia ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.4.8.2 Malaysia ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.5 Latin America
- 6.5.1 Latin America ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.5.2 Latin America ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.5.3 Brazil
- 6.5.3.1 Brazil ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.5.3.2 Brazil ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.5.4 Mexico
- 6.5.4.1 Mexico ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.5.4.2 Mexico ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.6 Middle East & Africa
- 6.6.1 Middle East & Africa ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.6.2 Middle East & Africa ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.6.3 South Africa
- 6.6.3.1 South Africa ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.6.3.2 South Africa ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
- 6.6.4 GCC
- 6.6.4.1 GCC ethyl methyl carbonate market estimate and forecast, 2018 - 2032
- 6.6.4.2 GCC ethyl methyl carbonate market estimates and forecast, by application, 2018 - 2032
Chapter 7 Company Profiles
- 7.1 Mitsui Fine Chemicals
- 7.1.1 Business Overview
- 7.1.2 Financial Data
- 7.1.3 Product Landscape
- 7.1.4 Strategic Outlook
- 7.1.5 SWOT Analysis
- 7.2 Tangshan Solvents Trading Co., Ltd.
- 7.2.1 Business Overview
- 7.2.2 Financial Data
- 7.2.3 Product Landscape
- 7.2.4 Strategic Outlook
- 7.2.5 SWOT Analysis
- 7.3 Liaoning Jiazhi Chemicals Manufacturing Co., Ltd.
- 7.3.1 Business Overview
- 7.3.2 Financial Data
- 7.3.3 Product Landscape
- 7.3.4 Strategic Outlook
- 7.3.5 SWOT Analysis
- 7.4 Yingkou Hengyang New Energy Chemical Co., Ltd.
- 7.4.1 Business Overview
- 7.4.2 Financial Data
- 7.4.3 Product Landscape
- 7.4.4 Strategic Outlook
- 7.4.5 SWOT Analysis
- 7.5 TCI America, Inc.
- 7.5.1 Business Overview
- 7.5.2 Financial Data
- 7.5.3 Product Landscape
- 7.5.4 Strategic Outlook
- 7.5.5 SWOT Analysis
- 7.6 Merck
- 7.6.1 Business Overview
- 7.6.2 Financial Data
- 7.6.3 Product Landscape
- 7.6.4 Strategic Outlook
- 7.6.5 SWOT Analysis
- 7.7 Liaoning Huifu Chemical Co., Ltd.
- 7.7.1 Business Overview
- 7.7.2 Financial Data
- 7.7.3 Product Landscape
- 7.7.4 Strategic Outlook
- 7.7.5 SWOT Analysis
- 7.8 Vizag Chemical
- 7.8.1 Business Overview
- 7.8.2 Financial Data
- 7.8.3 Product Landscape
- 7.8.4 Strategic Outlook
- 7.8.5 SWOT Analysis
- 7.9 Wego Chemical Group
- 7.9.1 Business Overview
- 7.9.2 Financial Data
- 7.9.3 Product Landscape
- 7.9.4 Strategic Outlook
- 7.9.5 SWOT Analysis
- 7.10 Shandong Lixing Chemicals Co., Ltd.
- 7.10.1 Business Overview
- 7.10.2 Financial Data
- 7.10.3 Product Landscape
- 7.10.4 Strategic Outlook
- 7.10.5 SWOT Analysis
- 7.11 Shinghwa Advanced Material Group Co Ltd
- 7.11.1 Business Overview
- 7.11.2 Financial Data
- 7.11.3 Product Landscape
- 7.11.4 Strategic Outlook
- 7.11.5 SWOT Analysis