Global Alkylene Carbonates Market is expected to rise at a significant CAGR in the forthcoming years. Synthesis and use of cyclic alkylene carbonates have commercial importance in industrial applications. Alkylene carbonates is specifically used to alkylate active-hydrogen consisting of aromatics such as phenolic resins, phenol, thiophenol and aniline. Being less hazardous by nature, alkylene carbonates require a few safety protocols. Additionally, alkylation employing an alkylene carbonate does not require a high-pressure equipment frequently when working with highly volatile oxiranes. Also, an alkylation employing alkylene carbonates does not require the use of solvent. In several cases, carbonate acts as solvent as well as reactant. Alkylene carbonates react with carboxylic acid in the identical manner as with hydrogen active containing moieties.
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Commercially too, alkylene carbonates act as cure accelerators of phenol formaldehyde and sodium silicate which is used in foundry systems and wood binder applications. Extensive R&D on contribution of alkylene carbonate is currently ongoing that claim propylene carbonate is hydrolyzed instantly to propylene glycol and sodium hydrogen carbonate. Commercial driving factors responsible for the growth of alkylene carbonates market include excellent solubility property, higher boiling points, low toxicity, low evaporation rates and low odor. Extensive use of alkylene carbonates in various verticals such as cosmetics, paints, personal care and agriculture also add to the market growth. Moreover, the rise in usage of alkylene carbonates for lubricants and agrochemicals contributes to the market growth.
Based on segmentation by types, the alkylene carbonates market include ethylene carbonate, propylene carbonate and glycerine carbonate. Ethylene carbonate is expected to dominate the market owing to rising demand for paints and coatings, personal care and cosmetics industry. Geographically, alkylene carbonates market spans North America, Latin America, Europe, Asia-Pacific, Middle-East, Europe and Africa. APAC regions held a significant share in the market growth owing to rise in demand for alkylene carbonates for commercial use. Factors such as rise in manufacturing bases for paints, textiles and coatings and personal care adds to the market growth of APAC regions. The key players in the alkylene carbonates market include BASF SE, Huntsman International LLC, Sigma-Aldrich Co. LLC., Mitsubishi Chemical Corporation, TonglingJintai Chemical Industrial Co. Ltd, Alfa Aesar, Qingdao Shinda Chemical Co., Ltd.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Alkylene Carbonates in these regions, from 2012 to 2022 (forecast), covering
• North America
• Southeast Asia
Global Alkylene Carbonates market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Alfa Aesar
• Sigma-Aldrich Co. LLC.
• Mitsubishi Chemical Corporation
• Qingdao Shinda Chemical Co., Ltd.
• Tongling Jintai Chemical Industrial Co. Ltd
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Ethylene Carbonate
• Glycerine Carbonate
• Propylene Carbonate
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On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Alkylene Carbonates for each application, including
• Textiles and Fabrics
• Coatings and Paints
• Personal Care
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