[Market Report] Global Market for Propylene Carbonate
The global market for propylene carbonate is expected to achieve strong growth, reaching 650 million USD by 2031.
The global propylene carbonate market is experiencing significant rapid growth, painting a bright future for this versatile chemical compound. In 2022, the market boasted a solid revenue of approximately 420 million USD. During the forecast period from 2023 to 2031, the compound annual growth rate (CAGR) is projected to be 5.05%, indicating continued growth in the future. By 2031, the market is expected to expand to an estimated 650 million USD, reflecting remarkable progress. Propylene carbonate, a high-performance solvent and chemical intermediate, has established its presence across countless industries, from electronics and pharmaceuticals to cosmetics and automotive. Its versatility and environmentally friendly properties make it a sought-after solution for various applications. For application methods, please check the [PDF download] button or apply directly through the related links.
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