Ethyl Methyl Carbonate

Global Ethyl Methyl Carbonate Market to Reach US$3.6 Billion by 2030

The global market for Ethyl Methyl Carbonate estimated at US$1.3 Billion in the year 2024, is expected to reach US$3.6 Billion by 2030, growing at a CAGR of 17.7% over the analysis period 2024-2030. Li-Ion Battery Electrolyte, one of the segments analyzed in the report, is expected to record a 19.2% CAGR and reach US$1.4 Billion by the end of the analysis period. Growth in the Chemical Solvent segment is estimated at 16.6% CAGR over the analysis period.

The U.S. Market is Estimated at US$364.9 Million While China is Forecast to Grow at 23.5% CAGR

The Ethyl Methyl Carbonate market in the U.S. is estimated at US$364.9 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$798.1 Million by the year 2030 trailing a CAGR of 23.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 13.0% and 16.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 14.1% CAGR.

Global Ethyl Methyl Carbonate Market – Key Trends & Drivers Summarized

Why Is Ethyl Methyl Carbonate Gaining Importance in Lithium-Ion Battery Electrolytes?

Ethyl methyl carbonate (EMC), an organic solvent widely used in lithium-ion battery (LIB) electrolytes, has emerged as a critical component in the energy storage sector. With the exponential growth of electric vehicles (EVs), renewable energy storage, and portable electronics, demand for high-performance electrolytes has increased significantly. EMC, a low-viscosity and high-permittivity solvent, enhances lithium-ion transport efficiency, improving battery performance in terms of energy density and cycling stability.

The growing emphasis on fast-charging, longer-lasting batteries has led battery manufacturers to optimize electrolyte formulations, integrating EMC for its superior conductivity and thermal stability. Unlike traditional carbonate solvents, EMC contributes to improved low-temperature performance and safety in lithium-ion cells, making it a preferred choice in high-capacity energy storage systems. The rapid electrification of transportation and the expansion of energy storage solutions are driving the demand for advanced electrolyte components, positioning EMC as a key material in next-generation battery development.

How Are Innovations in Green Chemistry Shaping EMC Production?

As sustainability concerns rise, manufacturers are focusing on greener production methods for EMC to minimize environmental impact and reduce reliance on petrochemical-derived raw materials. Green chemistry techniques, including catalytic transesterification and carbon-neutral synthesis pathways, are being developed to enhance production efficiency while reducing emissions and energy consumption.

Additionally, advancements in purification technologies are improving EMC purity levels, ensuring its compatibility with high-performance lithium-ion batteries. The integration of bio-based feedstocks and renewable carbon sources into EMC production processes is also gaining attention, aligning with global efforts to create eco-friendly alternatives to conventional solvents. As regulations on volatile organic compounds (VOCs) and hazardous chemicals become stricter, companies investing in sustainable EMC synthesis are expected to gain a competitive edge in the market.

What Are the Emerging Applications of EMC Beyond Lithium-Ion Batteries?

While lithium-ion batteries remain the largest application area for EMC, its usage is expanding into other industrial sectors, including pharmaceuticals, coatings, and specialty chemicals. In the pharmaceutical industry, EMC serves as a solvent in drug formulation and active ingredient processing, particularly in controlled-release and injectable formulations. Its high solvency power and low toxicity make it a preferred choice in pharmaceutical manufacturing.

Additionally, EMC is gaining traction in industrial coatings, adhesives, and cleaning agents due to its excellent solvency properties and low environmental impact. Its role in semiconductor manufacturing, particularly in precision cleaning and deposition processes, is also growing. As new applications emerge, EMC is expected to play a significant role in various high-tech industries beyond energy storage.

What Are the Key Factors Driving Growth in the Ethyl Methyl Carbonate Market?

The growth in the ethyl methyl carbonate market is driven by several factors, including increasing demand for lithium-ion batteries, advancements in green chemistry production methods, and expanding applications across pharmaceuticals and industrial coatings. The rise of electric mobility and grid-scale energy storage is fueling the need for high-performance electrolyte solvents, positioning EMC as a critical component in battery chemistry.

Technological advancements in sustainable production and purification techniques are enhancing EMC’s commercial viability while aligning with global environmental regulations. Additionally, the growing adoption of eco-friendly solvents in pharmaceuticals, coatings, and semiconductor applications is opening new market opportunities. As industries continue to prioritize performance, sustainability, and regulatory compliance, EMC demand is expected to experience steady growth, driven by ongoing innovations in electrochemical energy storage and specialty chemicals.

SCOPE OF STUDY:

The report analyzes the Ethyl Methyl Carbonate market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
End-Use (Li-Ion Battery Electrolyte, Chemical Solvent, Pharmaceutical Intermediates, Agrochemicals, Others)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 43 Featured) -

• Ambeed
• Anhui Eapearl Chemical Co., Ltd.
• BASF SE
• Dongke Group
• Hebei Mujin Biotechnology Co., Ltd.
• Henan Fengda Chemical Co., Ltd.
• Hubei Lidu New Material Technology Co., Ltd.
• Jinan Finer Chemical Co., Ltd.
• Merck KGaA
• Mitsubishi Chemical Corporation
• Parchem - fine & specialty chemicals
• Shandong Dexiang International Trade Co., Ltd.
• Shanghai Daken Chemical Limited
• Sigma-Aldrich (now part of Merck)
• Tangshan Solvents Trading Co., Ltd.
• TCI America
• Thermo Fisher Scientific
• Tokyo Chemical Industry Co., Ltd. (TCI)
• VWR International, LLC
• Wego Chemical Group

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

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APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

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