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Chemical & Material Global Ethylene Carbonate Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

  • RnM4671081
    • |
  • 10 February, 2026
    • |
  • Global
    • |
  • 111 Pages
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  • GIR
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  • Chemical & Material

According to our (Global Info Research) latest study, the global Ethylene Carbonate market size was valued at US$ 421 million in 2025 and is forecast to a readjusted size of US$ 728 million by 2032 with a CAGR of 8.1% during review period.
Ethylene Carbonate (usually shortened to EC) is a cyclic carbonate solvent with the formula C₃H₄O₃ (often written as (CH₂O)₂CO). In simple words, it is a small organic molecule that behaves like a high-polarity solvent. At room temperature it is often a colorless, almost odorless crystalline solid, and it melts around the mid-30 °C range into a colorless liquid. Public chemical references describe it as a colorless liquid or crystalline solid and identify it with CAS 96-49-1. Because EC is polar, it can dissolve many salts and polar compounds. That one property—high polarity—explains a lot of why EC is valuable: it is a strong solvent for ions, which is exactly what you want in electrolytes and some specialty formulations.
From a market-definition point of view, the Ethylene Carbonate market includes EC sold as a chemical product across different purity levels and use cases. The market is usually split by grade, because different uses require very different impurity control. For example, “battery grade” EC is sold with extremely tight impurity limits such as very low water and low acid content. In contrast, industrial uses like solvent blends or plasticizer-type roles can tolerate higher impurity levels, so industrial grade can have looser specs and different packaging.
On the supply side, EC is most commonly produced by reacting ethylene oxide (EO) with carbon dioxide (CO₂) to form the cyclic carbonate ring. This route is widely described in technical literature and patents: EO + CO₂ → EC, usually with a catalyst. This production pathway is often discussed as “atom-efficient” because both main reactants end up in the product molecule rather than creating large byproduct streams, and it is also frequently discussed under the broader theme of CO₂ utilization (using CO₂ as a feedstock). In practical industrial terms, however, the true cost and scale depend less on the chemistry idea and more on real factors like EO availability, plant safety management (EO is hazardous), catalyst lifetime, purification needs, energy for distillation, and the ability to meet tight impurity specs for battery customers.
In 2025, global Ethylene Carbonate (EC) production reached approximately 286.3 K MT, with an average global market price of around US$ 1429 per MT. The global single-line production capacity ranges from 10 to 20 K MT per year. The industry's gross profit margin is approximately 25%-35%.
Because batteries are the largest growth engine, the EC market trend is closely linked to EV and energy-storage expansion, plus the general growth of lithium-ion cells used in consumer electronics and power tools. As battery production scales, the electrolyte supply chain becomes more industrialized: more long-term supply agreements, more focus on quality systems, and more pressure to guarantee consistent “battery-grade” material. This directly drives demand for higher-purity EC, better moisture control, cleaner packaging, and stronger logistics practices. The presence of strict “battery grade” specs in chemical catalogs is one visible sign of how the market has shifted toward tighter impurity control and standardized quality targets.
At the same time, a key trend within batteries is that electrolyte chemistry is evolving, and EC is sometimes criticized for certain failure modes at higher voltage or specific electrode chemistries. There is active research on “EC-free” or reduced-EC electrolytes aimed at improving high-voltage stability or safety performance, which shows that the market is not static. For example, government and academic publications discuss EC’s role and also its susceptibility to certain decomposition pathways under demanding conditions, motivating new electrolyte designs. This does not automatically mean EC demand collapses—rather, it means the market is splitting into more segments. Many cells still use EC heavily, while some next-generation formulations may reduce EC content or pair it with additives (like fluorinated carbonates) to tune interphase behavior. In practical market terms, this creates both risk and opportunity: established EC suppliers can defend volume by meeting performance requirements and developing higher-purity grades, while innovators may capture value by supporting new electrolyte formulations that need different carbonate blends.
Beyond batteries, EC has a second set of demand drivers that matter for the “baseline” market. EC is used as a high-polarity solvent and also shows up as a functional additive in some formulations. Chemical suppliers commonly describe EC use in areas such as plasticizer roles and organic synthesis contexts, reflecting that EC is not only a battery solvent but also a versatile specialty solvent/intermediate. In lubricants and coatings, highly polar solvents can help with solubility and formulation stability, and in synthesis EC can act as a reactive carbonate source in certain transformations. Even if these non-battery uses are smaller than battery demand in growth terms, they provide a stabilizing base for EC consumption and can become more important when battery cycles soften.
The players cover BASF, Mitsubishi, OUCC, TOAGOSEI, Huntsman, and Shandong Shida Shenghua etc. Global top 5 players hold a share over 60%.
This report is a detailed and comprehensive analysis for global Ethylene Carbonate market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Ethylene Carbonate market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global Ethylene Carbonate market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global Ethylene Carbonate market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global Ethylene Carbonate market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ethylene Carbonate
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Ethylene Carbonate market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, Mitsubishi Chemical, TOAGOSEI, Huntsman, OUCC, Lixing Chemical, Zhongke Hongye, Haike, Shandong Shida Shenghua, Kong Lung, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Ethylene Carbonate market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Liquid Ethylene Carbonate
Solid Ethylene Carbonate
Market segment by Purity
Purity ≥99.9%
Purity 99.0%-99.9%
Purity ＜99.0%
Market segment by Impurity-Control Focus
Low Moisture
Low Acid Number
Low Halides
Low Metals
Others
Market segment by Grade
Industrial Grade
Battery Grade
Market segment by Application
Battery Electrolytes
Intermediates and Agents
Textile Industry
Others
Major players covered
BASF
Mitsubishi Chemical
TOAGOSEI
Huntsman
OUCC
Lixing Chemical
Zhongke Hongye
Haike
Shandong Shida Shenghua
Kong Lung
Hengyang New Energy
OXIRAN
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Ethylene Carbonate product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Ethylene Carbonate, with price, sales quantity, revenue, and global market share of Ethylene Carbonate from 2021 to 2026.
Chapter 3, the Ethylene Carbonate competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Ethylene Carbonate breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Ethylene Carbonate market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Ethylene Carbonate.
Chapter 14 and 15, to describe Ethylene Carbonate sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Ethylene Carbonate Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Liquid Ethylene Carbonate
    • 1.3.3 Solid Ethylene Carbonate
  • 1.4 Market Analysis by Purity
    • 1.4.1 Overview: Global Ethylene Carbonate Consumption Value by Purity: 2021 Versus 2025 Versus 2032
    • 1.4.2 Purity ≥99.9%
    • 1.4.3 Purity 99.0%-99.9%
    • 1.4.4 Purity ＜99.0%
  • 1.5 Market Analysis by Impurity-Control Focus
    • 1.5.1 Overview: Global Ethylene Carbonate Consumption Value by Impurity-Control Focus: 2021 Versus 2025 Versus 2032
    • 1.5.2 Low Moisture
    • 1.5.3 Low Acid Number
    • 1.5.4 Low Halides
    • 1.5.5 Low Metals
    • 1.5.6 Others
  • 1.6 Market Analysis by Grade
    • 1.6.1 Overview: Global Ethylene Carbonate Consumption Value by Grade: 2021 Versus 2025 Versus 2032
    • 1.6.2 Industrial Grade
    • 1.6.3 Battery Grade
  • 1.7 Market Analysis by Application
    • 1.7.1 Overview: Global Ethylene Carbonate Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.7.2 Battery Electrolytes
    • 1.7.3 Intermediates and Agents
    • 1.7.4 Textile Industry
    • 1.7.5 Others
  • 1.8 Global Ethylene Carbonate Market Size & Forecast
    • 1.8.1 Global Ethylene Carbonate Consumption Value (2021 & 2025 & 2032)
    • 1.8.2 Global Ethylene Carbonate Sales Quantity (2021-2032)
    • 1.8.3 Global Ethylene Carbonate Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 BASF
    • 2.1.1 BASF Details
    • 2.1.2 BASF Major Business
    • 2.1.3 BASF Ethylene Carbonate Product and Services
    • 2.1.4 BASF Ethylene Carbonate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 BASF Recent Developments/Updates
  • 2.2 Mitsubishi Chemical
    • 2.2.1 Mitsubishi Chemical Details
    • 2.2.2 Mitsubishi Chemical Major Business
    • 2.2.3 Mitsubishi Chemical Ethylene Carbonate Product and Services
    • 2.2.4 Mitsubishi Chemical Ethylene Carbonate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Mitsubishi Chemical Recent Developments/Updates
  • 2.3 TOAGOSEI
    • 2.3.1 TOAGOSEI Details
    • 2.3.2 TOAGOSEI Major Business
    • 2.3.3 TOAGOSEI Ethylene Carbonate Product and Services
    • 2.3.4 TOAGOSEI Ethylene Carbonate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 TOAGOSEI Recent Developments/Updates
  • 2.4 Huntsman
    • 2.4.1 Huntsman Details
    • 2.4.2 Huntsman Major Business
    • 2.4.3 Huntsman Ethylene Carbonate Product and Services
    • 2.4.4 Huntsman Ethylene Carbonate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 Huntsman Recent Developments/Updates
  • 2.5 OUCC
    • 2.5.1 OUCC Details
    • 2.5.2 OUCC Major Business
    • 2.5.3 OUCC Ethylene Carbonate Product and Services
    • 2.5.4 OUCC Ethylene Carbonate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 OUCC Recent Developments/Updates
  • 2.6 Lixing Chemical
    • 2.6.1 Lixing Chemical Details
    • 2.6.2 Lixing Chemical Major Business
    • 2.6.3 Lixing Chemical Ethylene Carbonate Product and Services
    • 2.6.4 Lixing Chemical Ethylene Carbonate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Lixing Chemical Recent Developments/Updates
  • 2.7 Zhongke Hongye
    • 2.7.1 Zhongke Hongye Details
    • 2.7.2 Zhongke Hongye Major Business
    • 2.7.3 Zhongke Hongye Ethylene Carbonate Product and Services
    • 2.7.4 Zhongke Hongye Ethylene Carbonate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Zhongke Hongye Recent Developments/Updates
  • 2.8 Haike
    • 2.8.1 Haike Details
    • 2.8.2 Haike Major Business
    • 2.8.3 Haike Ethylene Carbonate Product and Services
    • 2.8.4 Haike Ethylene Carbonate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Haike Recent Developments/Updates
  • 2.9 Shandong Shida Shenghua
    • 2.9.1 Shandong Shida Shenghua Details
    • 2.9.2 Shandong Shida Shenghua Major Business
    • 2.9.3 Shandong Shida Shenghua Ethylene Carbonate Product and Services
    • 2.9.4 Shandong Shida Shenghua Ethylene Carbonate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 Shandong Shida Shenghua Recent Developments/Updates
  • 2.10 Kong Lung
    • 2.10.1 Kong Lung Details
    • 2.10.2 Kong Lung Major Business
    • 2.10.3 Kong Lung Ethylene Carbonate Product and Services
    • 2.10.4 Kong Lung Ethylene Carbonate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 Kong Lung Recent Developments/Updates
  • 2.11 Hengyang New Energy
    • 2.11.1 Hengyang New Energy Details
    • 2.11.2 Hengyang New Energy Major Business
    • 2.11.3 Hengyang New Energy Ethylene Carbonate Product and Services
    • 2.11.4 Hengyang New Energy Ethylene Carbonate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 Hengyang New Energy Recent Developments/Updates
  • 2.12 OXIRAN
    • 2.12.1 OXIRAN Details
    • 2.12.2 OXIRAN Major Business
    • 2.12.3 OXIRAN Ethylene Carbonate Product and Services
    • 2.12.4 OXIRAN Ethylene Carbonate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 OXIRAN Recent Developments/Updates

3 Competitive Environment: Ethylene Carbonate by Manufacturer

  • 3.1 Global Ethylene Carbonate Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global Ethylene Carbonate Revenue by Manufacturer (2021-2026)
  • 3.3 Global Ethylene Carbonate Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of Ethylene Carbonate by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 Ethylene Carbonate Manufacturer Market Share in 2025
    • 3.4.3 Top 6 Ethylene Carbonate Manufacturer Market Share in 2025
  • 3.5 Ethylene Carbonate Market: Overall Company Footprint Analysis
    • 3.5.1 Ethylene Carbonate Market: Region Footprint
    • 3.5.2 Ethylene Carbonate Market: Company Product Type Footprint
    • 3.5.3 Ethylene Carbonate Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Ethylene Carbonate Market Size by Region
    • 4.1.1 Global Ethylene Carbonate Sales Quantity by Region (2021-2032)
    • 4.1.2 Global Ethylene Carbonate Consumption Value by Region (2021-2032)
    • 4.1.3 Global Ethylene Carbonate Average Price by Region (2021-2032)
  • 4.2 North America Ethylene Carbonate Consumption Value (2021-2032)
  • 4.3 Europe Ethylene Carbonate Consumption Value (2021-2032)
  • 4.4 Asia-Pacific Ethylene Carbonate Consumption Value (2021-2032)
  • 4.5 South America Ethylene Carbonate Consumption Value (2021-2032)
  • 4.6 Middle East & Africa Ethylene Carbonate Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global Ethylene Carbonate Sales Quantity by Type (2021-2032)
  • 5.2 Global Ethylene Carbonate Consumption Value by Type (2021-2032)
  • 5.3 Global Ethylene Carbonate Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global Ethylene Carbonate Sales Quantity by Application (2021-2032)
  • 6.2 Global Ethylene Carbonate Consumption Value by Application (2021-2032)
  • 6.3 Global Ethylene Carbonate Average Price by Application (2021-2032)

7 North America

  • 7.1 North America Ethylene Carbonate Sales Quantity by Type (2021-2032)
  • 7.2 North America Ethylene Carbonate Sales Quantity by Application (2021-2032)
  • 7.3 North America Ethylene Carbonate Market Size by Country
    • 7.3.1 North America Ethylene Carbonate Sales Quantity by Country (2021-2032)
    • 7.3.2 North America Ethylene Carbonate Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe Ethylene Carbonate Sales Quantity by Type (2021-2032)
  • 8.2 Europe Ethylene Carbonate Sales Quantity by Application (2021-2032)
  • 8.3 Europe Ethylene Carbonate Market Size by Country
    • 8.3.1 Europe Ethylene Carbonate Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe Ethylene Carbonate Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific Ethylene Carbonate Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific Ethylene Carbonate Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific Ethylene Carbonate Market Size by Region
    • 9.3.1 Asia-Pacific Ethylene Carbonate Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific Ethylene Carbonate Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America Ethylene Carbonate Sales Quantity by Type (2021-2032)
  • 10.2 South America Ethylene Carbonate Sales Quantity by Application (2021-2032)
  • 10.3 South America Ethylene Carbonate Market Size by Country
    • 10.3.1 South America Ethylene Carbonate Sales Quantity by Country (2021-2032)
    • 10.3.2 South America Ethylene Carbonate Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa Ethylene Carbonate Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa Ethylene Carbonate Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa Ethylene Carbonate Market Size by Country
    • 11.3.1 Middle East & Africa Ethylene Carbonate Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa Ethylene Carbonate Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 Ethylene Carbonate Market Drivers
  • 12.2 Ethylene Carbonate Market Restraints
  • 12.3 Ethylene Carbonate Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Ethylene Carbonate and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Ethylene Carbonate
  • 13.3 Ethylene Carbonate Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Ethylene Carbonate Typical Distributors
  • 14.3 Ethylene Carbonate Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Ethylene Carbonate. Industry analysis & Market Report on Ethylene Carbonate is a syndicated market report, published as Global Ethylene Carbonate Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Ethylene Carbonate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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