Propylene Carbonate Market Study in Chemical Sector Provides Latest Intelligence on Growth in 2024 and Beyond.
The attitude of investors toward the chemical industry is shifting. The chemical industry’s customary over performance has not only decreased in recent years, but has also transformed into a concerning underperformance — and hence is completely unrelated to the COVID-19 situation. Global Propylene Carbonate supply-demand continues to be impacted by broader developments in the chemicals sector. The new Propylene Carbonate market research report outlines the key factors that will impact production, supply, and demand during the assessment 2024-2031.
The study tracks Propylene Carbonate demand and sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The study also analyses the impact of COVID-19 on chemicals industry in general and Propylene Carbonate in particular.
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Propylene Carbonate Market: Segmentation
The global Propylene Carbonate market is segmented on the basis of grade, end-use industry and region.
Based on the application, the global Propylene Carbonate market is segmented as:
- Solvent
- Electrolyte
- Additive & Chemical intermediate
- Others
Based on the end use, the global Propylene Carbonate market is segmented as:
- Li-ion batteries
- Paints & Coatings
- Cosmetics & Personal Care
- Foundry
- Polyurethanes
- Others
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How will Propylene Carbonate Sales Grow in 2024 and Beyond?
The Propylene Carbonate industry report tracks short-term and long-term growth, offering readers analysis they can use immediately to formulate their strategies.
Overall, demand for Propylene Carbonate will be heavily influenced by broader developments in the chemicals sector. The Chemical Activity Barometer has shown a stable streak, which is indicative of an ascendancy in US chemicals sector. However, the US chemicals sector growth will depend to a large extent on how end-use industries fare.
Traditionally, demand from automotive sector has been key to chemical demand. The US automotive sector is set to recover in 2024 with sales expected to be in the range of 15.5 million to 16 million.
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Essential Takeaways from the Propylene Carbonate Market Report
- Comparison of prominent players operating in the Propylene Carbonate market.
- Recent developments and key strategies adopted by market players.
- Study of the micro and macro-economic growth indicators.
- Impact of the various factors on the value chain of the Propylene Carbonate market.
- Growth opportunities for emerging market players in various regional markets.
- Current trends influencing the scenario of the Propylene Carbonate market.
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