Propylene Carbonate Market Share

North American Market Forecast

The propylene carbonate market in North America is projected to be the largest with a share of about 37% by the end of 2037. The growth of the market can be attributed majorly to the growing  natural gas storage. Additionally, the presence of major key players and growing various industries with an up-surged demand for propylene carbonate is also expected to hike the growth of the market in the region over the forecast period.

APAC Market Statistics

The Asia Pacific propylene carbonate market is estimated to be the second largest, registering a share of about 22% by the end of 2037. The growth of the market can be attributed majorly to the increasing restriction on the use of single-use plastic for improving plastic waste management, which in turn increases the demand for plasticizers made up of propylene carbonate for the production of better plastic and increases its processing quality.