Carbonate Market Exclusive Report with Detailed Study Analysis
Carbonate Market, by Type
Increasing adoption of organic carbonates in solvent & electrolyte applications.
WILMINGTON, DE, UNITED STATES, August 21, 2025 /EINPresswire.com/ -- Carbonate Market by Type (Dimethyl, Propylene, Ethylene, Glycerol, 1,2-Epoxydodecane, 1,2-Hexadecene, Styrene, Epichlorohydrin, and Others), Application (Solvent, Catalyst, Electrolyte, Additive, Cleaner, and Others), and End Use (Cosmetics & Personal Care, Paints & Coatings, Pharmaceuticals, Textile, Energy & Power, Polymer, and Others): Global Opportunity Analysis and Industry Forecast, 2021β2030Market Size:
- 2020: $3.5 Billion
- 2030 (Forecast): $7.1 Billion
- CAGR (2021β2030): 7.2%
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Prime Growth Drivers:
- Rising demand for dimethyl carbonate in textiles.
- Increasing adoption of organic carbonates in solvent & electrolyte applications.
- Expansion of the pharmaceutical industry creating new growth avenues.
- Challenge: Side effects linked with organic carbonates may hinder market growth.
Segment Insights:-
By Type:
- Glycerol Carbonates β Largest share in 2020 (~β of market); growth driven by sustainability & versatility.
- Dimethyl Carbonates β Fastest-growing segment with 8.1% CAGR, supported by eco-friendly benefits.
By End Use:
- Paints & Coatings β Leading segment (~β of market in 2020), fueled by propylene carbonateβs polar nature & mineral wetting properties.
- Polymer Industry β Expected to grow at the highest CAGR of 8.2% due to rising demand for packaging materials.
Regional Outlook:
- Asia-Pacific (followed by Europe & North America) β Dominated the market in 2020 with 40%+ revenue share.
- Expected to grow at the fastest CAGR of 8.0% by 2030, driven by rapid tech advancements & demand for eco-friendly coatings.
Key Market Players:
- BASF SE
- Huntsman International LLC
- LyondellBasell Industries Holdings B.V.
- Empower Materials
- Anmol Chemicals Group
- Kowa Company Ltd.
- Shandong Lixing Chemical Co. Ltd.
- ReactChem Co. Ltd.
- SMC Global
- TOAGOSEI Co. Ltd.
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