APO RESEARCH · REPORT
Propylene Carbonate (PC)
Propylene carbonate, a colorless to yellowish liquid with fruity odor, is a kind of VOC-exempt clear polar solvent having high boiling and flash points, a low order of toxicity and a mild ether-like odor. It is stable under most conditions and is not hydroscopic or corrosive. PC is particularly well suited for applications requiring a water white product or high purity.
Product & engineering
Understand the product.
Propylene carbonate, a colorless to yellowish liquid with fruity odor, is a kind of VOC-exempt clear polar solvent having high boiling and flash points, a low order of toxicity and a mild ether-like odor. It is stable under most conditions and is not hydroscopic or corrosive. PC is particularly well suited for applications requiring a water white product or high purity.
Selected research
Industry Growth & Trends
Global Propylene Carbonate (PC) Industry Growth and Trends Forecast to 2032
Market perspective
Propylene carbonate, a colorless to yellowish liquid with fruity odor, is a kind of VOC-exempt clear polar solvent having high boiling and flash points, a low order of toxicity and a mild ether-like odor. It is stable under most conditions and is not hydroscopic or corrosive. PC is particularly well suited for applications requiring a water white product or high purity.
Global Propylene Carbonate (PC) (CAS 108-32-7) key players include Shida Shenghua Chemical, Daze Group, Shandong Depu chemical, Hi-tech Spring Chemical, Linyi Evergreen Chemical, etc. Global top five manufacturers hold a share about 65%.
Asia Pacific is the largest market, with a share over 70%, followed by Europe, and North America, both have a share about 20 percent.
Read the full market overview
In terms of product, Industrial Grade is the largest segment, with a share nearly 90%. And in terms of application, the largest application is Dimethyl Carbonate, followed by Industrial Solvent, Lithium Battery, etc.
Report Scope
This report provides a structured, data-driven view of the global Propylene Carbonate (PC) market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Propylene Carbonate (PC) market size, estimates, and forecasts are presented in terms of sales volume (K MT) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Propylene Carbonate (PC) market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Propylene Carbonate (PC).
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Propylene Carbonate (PC) market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Propylene Carbonate (PC) Market by Company
BASF
Huntsman
LyondellBasell
Shida Shenghua Chemical
Daze Group
Shandong Depu Chemical
Hi-tech Spring Chemical
Linyi Evergreen Chemical
Shandong Feiyang Chemical
Lixing Chemical
Taixing Fengming Chemical
Propylene Carbonate (PC) Segment by Type
Lithium Battery Grade
Industrial Grade
Propylene Carbonate (PC) Segment by Application
Lithium Battery
Dimethyl Carbonate
Industrial Solvent
Others
Propylene Carbonate (PC) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Propylene Carbonate (PC) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Propylene Carbonate (PC) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Propylene Carbonate (PC).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Propylene Carbonate (PC) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Propylene Carbonate (PC) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Lithium Battery Grade
- Industrial Grade
Applications
- Lithium Battery
- Dimethyl Carbonate
- Industrial Solvent
- Others
Companies covered
- BASF
- Huntsman
- LyondellBasell
- Shida Shenghua Chemical
- Daze Group
- Shandong Depu Chemical
- Hi-tech Spring Chemical
- Linyi Evergreen Chemical
- Shandong Feiyang Chemical
- Lixing Chemical
- Taixing Fengming Chemical
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Propylene Carbonate (PC) Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Propylene Carbonate (PC) Sales Estimates and Forecasts (2021-2032)
- 1.3 Propylene Carbonate (PC) Market by Type
- 1.3.1 Lithium Battery Grade
- 1.3.2 Industrial Grade
- 1.4 Global Propylene Carbonate (PC) Market Size by Type
- 1.4.1 Global Propylene Carbonate (PC) Market Size Overview by Type (2021-2032)
- 1.4.2 Global Propylene Carbonate (PC) Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Propylene Carbonate (PC) Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Propylene Carbonate (PC) Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Propylene Carbonate (PC) Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Propylene Carbonate (PC) Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Propylene Carbonate (PC) Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Propylene Carbonate (PC) Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Propylene Carbonate (PC) Industry Trends
- 2.2 Propylene Carbonate (PC) Industry Drivers
- 2.3 Propylene Carbonate (PC) Industry Opportunities and Challenges
- 2.4 Propylene Carbonate (PC) Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Propylene Carbonate (PC) Revenue (2021-2026)
- 3.2 Global Top Players by Propylene Carbonate (PC) Sales (2021-2026)
- 3.3 Global Top Players by Propylene Carbonate (PC) Price (2021-2026)
- 3.4 Global Propylene Carbonate (PC) Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Propylene Carbonate (PC) Major Company Production Sites & Headquarters
- 3.6 Global Propylene Carbonate (PC) Company, Product Type & Application
- 3.7 Global Propylene Carbonate (PC) Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Propylene Carbonate (PC) Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Propylene Carbonate (PC) Players Market Share by Revenue in 2025
- 3.8.3 2025 Propylene Carbonate (PC) Tier 1, Tier 2, and Tier 3
4 Propylene Carbonate (PC) Regional Status and Outlook
- 4.1 Global Propylene Carbonate (PC) Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Propylene Carbonate (PC) Historic Market Size by Region
- 4.2.1 Global Propylene Carbonate (PC) Sales in Volume by Region (2021-2026)
- 4.2.2 Global Propylene Carbonate (PC) Sales in Value by Region (2021-2026)
- 4.2.3 Global Propylene Carbonate (PC) Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Propylene Carbonate (PC) Forecasted Market Size by Region
- 4.3.1 Global Propylene Carbonate (PC) Sales in Volume by Region (2027-2032)
- 4.3.2 Global Propylene Carbonate (PC) Sales in Value by Region (2027-2032)
- 4.3.3 Global Propylene Carbonate (PC) Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Propylene Carbonate (PC) by Application
- 5.1 Propylene Carbonate (PC) Market by Application
- 5.1.1 Lithium Battery
- 5.1.2 Dimethyl Carbonate
- 5.1.3 Industrial Solvent
- 5.1.4 Others
- 5.2 Global Propylene Carbonate (PC) Market Size by Application
- 5.2.1 Global Propylene Carbonate (PC) Market Size Overview by Application (2021-2032)
- 5.2.2 Global Propylene Carbonate (PC) Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Propylene Carbonate (PC) Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Propylene Carbonate (PC) Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Propylene Carbonate (PC) Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Propylene Carbonate (PC) Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Propylene Carbonate (PC) Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Propylene Carbonate (PC) Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 BASF
- 6.1.1 BASF Company Information
- 6.1.2 BASF Business Overview
- 6.1.3 BASF Propylene Carbonate (PC) Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 BASF Propylene Carbonate (PC) Product Portfolio
- 6.1.5 BASF Recent Developments
- 6.2 Huntsman
- 6.2.1 Huntsman Company Information
- 6.2.2 Huntsman Business Overview
- 6.2.3 Huntsman Propylene Carbonate (PC) Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Huntsman Propylene Carbonate (PC) Product Portfolio
- 6.2.5 Huntsman Recent Developments
- 6.3 LyondellBasell
- 6.3.1 LyondellBasell Company Information
- 6.3.2 LyondellBasell Business Overview
- 6.3.3 LyondellBasell Propylene Carbonate (PC) Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 LyondellBasell Propylene Carbonate (PC) Product Portfolio
- 6.3.5 LyondellBasell Recent Developments
- 6.4 Shida Shenghua Chemical
- 6.4.1 Shida Shenghua Chemical Company Information
- 6.4.2 Shida Shenghua Chemical Business Overview
- 6.4.3 Shida Shenghua Chemical Propylene Carbonate (PC) Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Shida Shenghua Chemical Propylene Carbonate (PC) Product Portfolio
- 6.4.5 Shida Shenghua Chemical Recent Developments
- 6.5 Daze Group
- 6.5.1 Daze Group Company Information
- 6.5.2 Daze Group Business Overview
- 6.5.3 Daze Group Propylene Carbonate (PC) Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Daze Group Propylene Carbonate (PC) Product Portfolio
- 6.5.5 Daze Group Recent Developments
- 6.6 Shandong Depu Chemical
- 6.6.1 Shandong Depu Chemical Company Information
- 6.6.2 Shandong Depu Chemical Business Overview
- 6.6.3 Shandong Depu Chemical Propylene Carbonate (PC) Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Shandong Depu Chemical Propylene Carbonate (PC) Product Portfolio
- 6.6.5 Shandong Depu Chemical Recent Developments
- 6.7 Hi-tech Spring Chemical
- 6.7.1 Hi-tech Spring Chemical Company Information
- 6.7.2 Hi-tech Spring Chemical Business Overview
- 6.7.3 Hi-tech Spring Chemical Propylene Carbonate (PC) Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Hi-tech Spring Chemical Propylene Carbonate (PC) Product Portfolio
- 6.7.5 Hi-tech Spring Chemical Recent Developments
- 6.8 Linyi Evergreen Chemical
- 6.8.1 Linyi Evergreen Chemical Company Information
- 6.8.2 Linyi Evergreen Chemical Business Overview
- 6.8.3 Linyi Evergreen Chemical Propylene Carbonate (PC) Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Linyi Evergreen Chemical Propylene Carbonate (PC) Product Portfolio
- 6.8.5 Linyi Evergreen Chemical Recent Developments
- 6.9 Shandong Feiyang Chemical
- 6.9.1 Shandong Feiyang Chemical Company Information
- 6.9.2 Shandong Feiyang Chemical Business Overview
- 6.9.3 Shandong Feiyang Chemical Propylene Carbonate (PC) Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Shandong Feiyang Chemical Propylene Carbonate (PC) Product Portfolio
- 6.9.5 Shandong Feiyang Chemical Recent Developments
- 6.10 Lixing Chemical
- 6.10.1 Lixing Chemical Company Information
- 6.10.2 Lixing Chemical Business Overview
- 6.10.3 Lixing Chemical Propylene Carbonate (PC) Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Lixing Chemical Propylene Carbonate (PC) Product Portfolio
- 6.10.5 Lixing Chemical Recent Developments
- 6.11 Taixing Fengming Chemical
- 6.11.1 Taixing Fengming Chemical Company Information
- 6.11.2 Taixing Fengming Chemical Business Overview
- 6.11.3 Taixing Fengming Chemical Propylene Carbonate (PC) Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Taixing Fengming Chemical Propylene Carbonate (PC) Product Portfolio
- 6.11.5 Taixing Fengming Chemical Recent Developments
7 North America by Country
- 7.1 North America Propylene Carbonate (PC) Sales by Country
- 7.1.1 North America Propylene Carbonate (PC) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Propylene Carbonate (PC) Sales by Country (2021-2026)
- 7.1.3 North America Propylene Carbonate (PC) Sales Forecast by Country (2027-2032)
- 7.2 North America Propylene Carbonate (PC) Market Size by Country
- 7.2.1 North America Propylene Carbonate (PC) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Propylene Carbonate (PC) Market Size by Country (2021-2026)
- 7.2.3 North America Propylene Carbonate (PC) Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Propylene Carbonate (PC) Sales by Country
- 8.1.1 Europe Propylene Carbonate (PC) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Propylene Carbonate (PC) Sales by Country (2021-2026)
- 8.1.3 Europe Propylene Carbonate (PC) Sales Forecast by Country (2027-2032)
- 8.2 Europe Propylene Carbonate (PC) Market Size by Country
- 8.2.1 Europe Propylene Carbonate (PC) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Propylene Carbonate (PC) Market Size by Country (2021-2026)
- 8.2.3 Europe Propylene Carbonate (PC) Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Propylene Carbonate (PC) Sales by Country
- 9.1.1 Asia-Pacific Propylene Carbonate (PC) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Propylene Carbonate (PC) Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Propylene Carbonate (PC) Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Propylene Carbonate (PC) Market Size by Country
- 9.2.1 Asia-Pacific Propylene Carbonate (PC) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Propylene Carbonate (PC) Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Propylene Carbonate (PC) Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Propylene Carbonate (PC) Sales by Country
- 10.1.1 South America Propylene Carbonate (PC) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Propylene Carbonate (PC) Sales by Country (2021-2026)
- 10.1.3 South America Propylene Carbonate (PC) Sales Forecast by Country (2027-2032)
- 10.2 South America Propylene Carbonate (PC) Market Size by Country
- 10.2.1 South America Propylene Carbonate (PC) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Propylene Carbonate (PC) Market Size by Country (2021-2026)
- 10.2.3 South America Propylene Carbonate (PC) Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Propylene Carbonate (PC) Sales by Country
- 11.1.1 Middle East and Africa Propylene Carbonate (PC) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Propylene Carbonate (PC) Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Propylene Carbonate (PC) Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Propylene Carbonate (PC) Market Size by Country
- 11.2.1 Middle East and Africa Propylene Carbonate (PC) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Propylene Carbonate (PC) Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Propylene Carbonate (PC) Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Propylene Carbonate (PC) Value Chain Analysis
- 12.1.1 Propylene Carbonate (PC) Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Propylene Carbonate (PC) Production Mode & Process
- 12.2 Propylene Carbonate (PC) Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Propylene Carbonate (PC) Distributors
- 12.2.3 Propylene Carbonate (PC) Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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