United States Industrial Grade Propylene Carbonate Market Research Report 2024-2030

[anand-2000]

The United States Industrial Grade Propylene Carbonate market size was valued at US$ 67.4 million in 2024 and is projected to reach US$ 89.3 million by 2030, at a CAGR of 4.8% during the forecast period 2024-2030.

Industrial grade propylene carbonate is a polar aprotic solvent used in various industrial applications, including lithium-ion batteries, cosmetics, and as a reactive intermediate in chemical synthesis.

The U.S. Industrial Grade Propylene Carbonate market is growing moderately, driven by demand in the energy storage, personal care, and chemical industries. In 2023, total consumption reached 28,000 metric tons, with the lithium-ion battery sector accounting for 40% of demand.

The personal care products segment is growing at 6% annually. The market saw a 10% increase in demand for high-purity grades in 2023, particularly for use in advanced battery electrolytes. Use in polyurethane production is growing at 5% annually, driven by construction and automotive industries.

The trend towards environmentally friendly solvents led to an 8% rise in adoption for cleaning applications. Propylene carbonate as a chemical intermediate saw a 7% surge in demand for various synthesis processes. The market is witnessing increased focus on developing bio-based production methods, with a 15% growth in R&D investments for sustainable propylene carbonate manufacturing.
This report contains market size and forecasts of Industrial grade propylene in United States, including the following market information:

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•    United States Industrial Grade Propylene Carbonate Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    United States Industrial Grade Propylene Carbonate Market Sales, 2019-2024, 2024-2030,

•    United States Top five Industrial Grade Propylene Carbonate companies in 2023 (%)

Report Includes

This report presents an overview of United States market for Industrial Grade Propylene Carbonate , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Industrial Grade Propylene Carbonate sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Industrial Grade Propylene Carbonate market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type
•    Purity?99%
•    Purity?99.5%
•    Others

Segment by Applications
•    Dimethyl Carbonate
•    Industrial Solvent
•    Others

Key Companies covered in this report:
•    BASF SE
•    LyondellBasell Industries N.V.
•    Eastman Chemical Company
•    Huntsman Corporation
•    Dow Chemical Company
•    Ashland Inc.
•    ExxonMobil Corporation
•    Shell Chemicals
•    Mitsubishi Chemical Corporation
•    OXY Chemicals

Including or excluding key companies relevant to your analysis.

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