市場調查報告書
商品編碼
1603380
碳酸丙烯酯市場規模、佔有率、成長分析、按形式、按應用、按地區 - 產業預測,2024-2031 年Propylene Carbonate Market Size, Share, Growth Analysis, By Form(Aqueous, Pellet, and Others), By Application(Paints & Coatings, Cleaning & Degreasing, Personal Care & Cosmetics, Textile Dyeing), By Region - Industry Forecast 2024-2031 |
2022年碳酸丙烯酯的全球市場規模將為2.5512億美元,預測期內(2024-2031年)複合年成長率為6.3%,從2023年的2.7119億美元增至2031年的4.4212億美元,預計還會成長。
碳酸丙烯酯市場是一種源自丙二醇的有機溶劑,由於其在各行業的多樣化應用,預計將顯著成長。市場擴張的主要原因是碳酸丙烯酯擴大用作鋰離子電池中的電解,這對於攜帶式電子設備和電動車至關重要。此外,全球個人護理和化妝品需求的成長預計將進一步提振市場前景。汽車產業產量的快速成長和對高性能塗料的需求不斷成長,為碳酸丙烯酯創造了更多機會。此外,紡織印染行業的成長預計也將對銷售做出積極貢獻。它也符合人們對碳酸丙烯酯的永續性和環保特性的日益關注,使供應商在日益關注環保替代品的市場中獲得優勢。由於這些趨勢,碳酸丙烯酯市場預計將成長,吸引了熱衷於在不斷發展的行業格局中開發其多功能性和多樣化應用的相關人員的興趣。
Global propylene carbonate market size was valued at USD 255.12 million in 2022 and is poised to grow from USD 271.19 million in 2023 to USD 442.12 million by 2031, growing at a CAGR of 6.3% in the forecast period (2024-2031).
The market for propylene carbonate, an organic solvent derived from propylene glycol, is poised for significant growth, driven by its diverse applications across various industries. A key factor propelling this expansion is the increasing utilization of propylene carbonate as an electrolyte in lithium-ion batteries, which are essential for portable electronics and electric vehicles. Additionally, the rising demand for personal care and cosmetic products globally is expected to further enhance market prospects. The automotive industry's burgeoning production levels, coupled with the escalating need for high-performance coatings, presents additional opportunities for propylene carbonate adoption. Furthermore, the growth of the textile dyeing sector is anticipated to contribute positively to sales. Another influential aspect is the heightened emphasis on sustainability, which aligns well with the eco-friendly attributes of propylene carbonate, positioning suppliers favorably in a market increasingly focused on greener alternatives. As these trends unfold, the propylene carbonate market is expected to thrive, attracting interest from stakeholders keen on capitalizing on its multifunctional properties and diverse applications in the evolving industrial landscape.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Propylene Carbonate market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Propylene Carbonate Market Segmental Analysis
The global propylene carbonate market is segmented based on form, application, and region. Based on form, the market is bifurcated into aqueous, pellet, and others. In terms of application, the market is segmented into paints & coatings, cleaning & degreasing, personal care & cosmetics, textile dyeing, lithium-ion batteries & electronics, and others. Based on region, the market is segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa.
Driver of the Global Propylene Carbonate Market
The rapid growth of the paints and coatings industry serves as a significant driver for the global propylene carbonate market. As manufacturers strive to meet the rising demand for high-performance coatings and paints, the use of aqueous propylene carbonate is becoming more prevalent. This compound enhances the quality and properties of various coatings, thereby fostering market expansion in the years ahead. The continuous evolution of this industry, characterized by innovation and a focus on superior performance, is expected to further accelerate the adoption of propylene carbonate, positively impacting its market growth trajectory.
Restraints in the Global Propylene Carbonate Market
One of the significant challenges facing the global propylene carbonate market is its limited shelf life. Although propylene carbonate can be preserved for extended periods under optimal storage conditions, any deviation from these ideal circumstances can severely compromise its longevity. Factors such as thermal stability and pressure-related issues can emerge if the substance is improperly stored or comes into contact with other materials, ultimately diminishing its shelf life. This reduction not only affects product quality but also presents obstacles to market growth by limiting the product's usability and increasing the risk for manufacturers and distributors.
Market Trends of the Global Propylene Carbonate Market
The Global Propylene Carbonate market is poised for significant growth driven by the escalating demand for lithium-ion batteries, which are pivotal in the transition to clean energy. As electric vehicles gain traction and the need for renewable energy storage grows, the reliance on high-performance electrolytes like propylene carbonate is expected to surge. This trend reflects a broader shift towards sustainable energy solutions, positioning propylene carbonate as a key component within the battery manufacturing sector. Market players are likely to capitalize on this opportunity as technological advancements and increased production capacities align with the rising consumption of eco-friendly energy storage systems, solidifying propylene carbonate's role in future energy innovations.