Ethylene Carbonate Prices Today, Price Chart and Forecast Analysis | Procurement Resource

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In the initial quarter of 2023, the Asian market for ethylene carbonate underwent fluctuations, followed by a gradual decrease in the subsequent quarter. The initial upswing resulted from heightened demand in end-user industries, but it swiftly subsided due to diminished manufacturing rates and sluggish electric vehicle sales. This led to a decline in buyer confidence and order volumes. In Europe, uncertainties in the first quarter, such as escalating inflation and energy costs, had an impact on the demand for ethylene carbonate. The second quarter saw fluctuating raw material costs and production cuts, yet stable prices were maintained due to sustained demand from the electric vehicle market. Concurrently, North America experienced persistent price declines throughout both quarters, attributed to stagnant demand from the electronics and electric vehicle sectors, coupled with negative market sentiments and reduced exports.

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Ethylene carbonate belongs to the family of organic compounds and has a chemical formula C3H4O3. It is a colorless and odorless liquid with high boiling and melting points. Ethylene carbonate is highly soluble in polar solvents such as water and various organic compounds. It exhibits good electrical conductivity, making it useful in lithium-ion battery electrolytes. Additionally, it is known for its high dielectric constant and low toxicity, making it a valuable component in various industrial applications, including the production of electrolytes, specialty polymers, and as a solvent for chemical reactions.

Key Details About the Ethylene Carbonate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Ethylene carbonate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Ethylene Carbonate Price chart, including India Ethylene Carbonate price, USA Ethylene Carbonate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Ethylene Carbonate Price Trend:

Price-TrendEthylene carbonate possesses distinctive properties that render it indispensable in various industrial applications. A primary utilization is evident in the realm of lithium-ion battery production, where it plays a vital role as a constituent in electrolyte formulation, thereby augmenting battery performance and stability. Additionally, its applications extend to serving as a solvent and electrolyte in diverse chemical processes, including the synthesis of specialty polymers and the formulation of surface coatings. Within the textile industry, ethylene carbonate serves as a crucial agent for dyeing and finishing processes. Moreover, it fulfills roles in the oil and gas sector, functioning as a corrosion inhibitor and contributing to the composition of lubricants and greases. The versatility of ethylene carbonate renders it a valuable compound across a spectrum of industrial processes.

Key Players:

  • Huntsman International LLC
  • Mitsubishi Chemical Corporation
  • Asahi Kasei Corporation
  • New Japan Chemical Co Ltd
  • Tokyo Chemical Industry Co Ltd

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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

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