Trending Report of Propylene Carbonate Market 2022| Growth, Key Manufacturers and Consumers Demand, Industry Analysis to 2030| By R&I

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    The report is titled as ‘Propylene Carbonate Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Propylene Carbonate market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market.

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    Propylene Carbonate Overview

    Propylene carbonate can be understood as a polar aprotic solvent that majorly serves as a “green” sustainable substitute solvent for chemical alterations. It is a biodegradable, less toxic, colorless and non-corrosive liquid with an eminent boiling point, low vapor pressure, and EPA VOC exemption. In addition to that, with regard to its low vapor pressure and results of insignificant photochemical reactivity, propylene carbonate is considered an efficient alternative for more dangerous solvents such a methylene chloride, MEK, acetone, toluene, perchloroethylene and NMP. Owing to such beneficial properties, the propylene carbonate is witnessing higher demand across the global markets.

    Other than that, propylene carbonate is also congruous with other solvents offering an effective constituent in co-solvent preparations. Attributing to which, It is comprehensively employed in the making of adhesives, paints, surface cleaners, coatings, strippers, degreasers, and inks formulas as well as in lithium-ion batteries, as electrolytic solvent, and also plays a role in the withdrawal of carbon dioxide from natural gas. Such a wide range of applications across various industries all around the world is majorly boosting the demand of propylene carbonate worldwide. Thus, the global propylene carbonate market is anticipated to grow significantly over the coming years.

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    Propylene Carbonate Market Segmentation

    The propylene carbonate market is segmented on the basis of form, application, and region.

    By Form

    • Pellet
    • Aqueous
    • Film

    By Application

    • Lithium Battery Electrolyte Component
    • Solvent
    • Cosmetic Solvent
    • Adhesive Solvent
    • VOC Exempt Solvent
    • Others
    • Cleaning & Degreasing
    • Isocyanate Diluent
    • Paint Stripper
    • Plasticizer

    By Region

    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East
    • Africa

    Propylene Carbonate Market Key Players

    Some of the key participating players in Propylene Carbonate market are:

    • BASF SE
    • Huntsman International LLC.
    • LyondellBasell Industries Holdings B.V.
    • Empower Materials
    • Anmol Chemicals Group
    • Kowa India Pvt. Ltd.
    • ReactChem Co. Ltd.
    • Shenghua Group Holdings Co. Ltd.
    • Taixing Fengming Chemical
    • Lixing Chemical

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