Propylene Carbonate Market Size
Market Size in USD Bn
CAGR5.8%
| Study Period | 2025-2032 |
| Base Year of Estimation | 2024 |
| CAGR | 5.8% |
| Market Concentration | Medium |
| Major Players | BASF SE, Huntsman International LLC, Lyondell Basell Industries, Tokyo Chemical Industry Co., Ltd. (TCI), Shandong Feiyang Chemical Co., Ltd. and Among Others |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Propylene Carbonate Market Analysis
The propylene carbonate market is estimated to be valued at USD 448.44 Bn in 2025 and is expected to reach USD 665.43 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2032. The propylene carbonate market is expected to witness positive trends over the forecast period. Several factors are influencing this growth, including rising demand from the electronics industry and growth in lithium-ion battery manufacturing.