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 Research
Propylene Carbonate (PC) Industry Research Report 2026
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 quantifies the global Propylene Carbonate (PC) market in revenue (US$ million) and, where applicable, sales volume (K MT), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K MT) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Propylene Carbonate (PC).
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Propylene Carbonate (PC) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Propylene Carbonate (PC) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Propylene Carbonate (PC) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions 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 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Propylene Carbonate (PC) by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Lithium Battery Grade
- 2.2.3 Industrial Grade
- 2.3 Propylene Carbonate (PC) by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Lithium Battery
- 2.3.3 Dimethyl Carbonate
- 2.3.4 Industrial Solvent
- 2.3.5 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Propylene Carbonate (PC) Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Propylene Carbonate (PC) Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Propylene Carbonate (PC) Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Propylene Carbonate (PC) Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Propylene Carbonate (PC) Production by Manufacturers (2021-2026)
- 3.2 Global Propylene Carbonate (PC) Production Value by Manufacturers (2021-2026)
- 3.3 Global Propylene Carbonate (PC) Average Price by Manufacturers (2021-2026)
- 3.4 Global Propylene Carbonate (PC) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Propylene Carbonate (PC) Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Propylene Carbonate (PC) Manufacturers, Product Type & Application
- 3.7 Global Propylene Carbonate (PC) Manufacturers Established Date
- 3.8 Global Propylene Carbonate (PC) Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 BASF
- 4.1.1 BASF Propylene Carbonate (PC) Company Information
- 4.1.2 BASF Propylene Carbonate (PC) Business Overview
- 4.1.3 BASF Propylene Carbonate (PC) Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 BASF Product Portfolio
- 4.1.5 BASF Recent Developments
- 4.2 Huntsman
- 4.2.1 Huntsman Propylene Carbonate (PC) Company Information
- 4.2.2 Huntsman Propylene Carbonate (PC) Business Overview
- 4.2.3 Huntsman Propylene Carbonate (PC) Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Huntsman Product Portfolio
- 4.2.5 Huntsman Recent Developments
- 4.3 LyondellBasell
- 4.3.1 LyondellBasell Propylene Carbonate (PC) Company Information
- 4.3.2 LyondellBasell Propylene Carbonate (PC) Business Overview
- 4.3.3 LyondellBasell Propylene Carbonate (PC) Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 LyondellBasell Product Portfolio
- 4.3.5 LyondellBasell Recent Developments
- 4.4 Shida Shenghua Chemical
- 4.4.1 Shida Shenghua Chemical Propylene Carbonate (PC) Company Information
- 4.4.2 Shida Shenghua Chemical Propylene Carbonate (PC) Business Overview
- 4.4.3 Shida Shenghua Chemical Propylene Carbonate (PC) Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Shida Shenghua Chemical Product Portfolio
- 4.4.5 Shida Shenghua Chemical Recent Developments
- 4.5 Daze Group
- 4.5.1 Daze Group Propylene Carbonate (PC) Company Information
- 4.5.2 Daze Group Propylene Carbonate (PC) Business Overview
- 4.5.3 Daze Group Propylene Carbonate (PC) Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Daze Group Product Portfolio
- 4.5.5 Daze Group Recent Developments
- 4.6 Shandong Depu Chemical
- 4.6.1 Shandong Depu Chemical Propylene Carbonate (PC) Company Information
- 4.6.2 Shandong Depu Chemical Propylene Carbonate (PC) Business Overview
- 4.6.3 Shandong Depu Chemical Propylene Carbonate (PC) Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Shandong Depu Chemical Product Portfolio
- 4.6.5 Shandong Depu Chemical Recent Developments
- 4.7 Hi-tech Spring Chemical
- 4.7.1 Hi-tech Spring Chemical Propylene Carbonate (PC) Company Information
- 4.7.2 Hi-tech Spring Chemical Propylene Carbonate (PC) Business Overview
- 4.7.3 Hi-tech Spring Chemical Propylene Carbonate (PC) Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Hi-tech Spring Chemical Product Portfolio
- 4.7.5 Hi-tech Spring Chemical Recent Developments
- 4.8 Linyi Evergreen Chemical
- 4.8.1 Linyi Evergreen Chemical Propylene Carbonate (PC) Company Information
- 4.8.2 Linyi Evergreen Chemical Propylene Carbonate (PC) Business Overview
- 4.8.3 Linyi Evergreen Chemical Propylene Carbonate (PC) Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Linyi Evergreen Chemical Product Portfolio
- 4.8.5 Linyi Evergreen Chemical Recent Developments
- 4.9 Shandong Feiyang Chemical
- 4.9.1 Shandong Feiyang Chemical Propylene Carbonate (PC) Company Information
- 4.9.2 Shandong Feiyang Chemical Propylene Carbonate (PC) Business Overview
- 4.9.3 Shandong Feiyang Chemical Propylene Carbonate (PC) Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Shandong Feiyang Chemical Product Portfolio
- 4.9.5 Shandong Feiyang Chemical Recent Developments
- 4.10 Lixing Chemical
- 4.10.1 Lixing Chemical Propylene Carbonate (PC) Company Information
- 4.10.2 Lixing Chemical Propylene Carbonate (PC) Business Overview
- 4.10.3 Lixing Chemical Propylene Carbonate (PC) Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Lixing Chemical Product Portfolio
- 4.10.5 Lixing Chemical Recent Developments
- 4.11 Taixing Fengming Chemical
- 4.11.1 Taixing Fengming Chemical Propylene Carbonate (PC) Company Information
- 4.11.2 Taixing Fengming Chemical Propylene Carbonate (PC) Business Overview
- 4.11.3 Taixing Fengming Chemical Propylene Carbonate (PC) Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 Taixing Fengming Chemical Product Portfolio
- 4.11.5 Taixing Fengming Chemical Recent Developments
5 Global Propylene Carbonate (PC) Production by Region
- 5.1 Global Propylene Carbonate (PC) Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Propylene Carbonate (PC) Production by Region: 2021-2032
- 5.2.1 Global Propylene Carbonate (PC) Production by Region: 2021-2026
- 5.2.2 Global Propylene Carbonate (PC) Production Forecast by Region (2027-2032)
- 5.3 Global Propylene Carbonate (PC) Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Propylene Carbonate (PC) Production Value by Region: 2021-2032
- 5.4.1 Global Propylene Carbonate (PC) Production Value by Region: 2021-2026
- 5.4.2 Global Propylene Carbonate (PC) Production Value Forecast by Region (2027-2032)
- 5.5 Global Propylene Carbonate (PC) Market Price Analysis by Region (2021-2026)
- 5.6 Global Propylene Carbonate (PC) Production and Value, YOY Growth
- 5.6.1 North America Propylene Carbonate (PC) Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Propylene Carbonate (PC) Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Propylene Carbonate (PC) Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Propylene Carbonate (PC) Production Value Estimates and Forecasts (2021-2032)
6 Global Propylene Carbonate (PC) Consumption by Region
- 6.1 Global Propylene Carbonate (PC) Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Propylene Carbonate (PC) Consumption by Region (2021-2032)
- 6.2.1 Global Propylene Carbonate (PC) Consumption by Region: 2021-2026
- 6.2.2 Global Propylene Carbonate (PC) Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Propylene Carbonate (PC) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Propylene Carbonate (PC) Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Propylene Carbonate (PC) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Propylene Carbonate (PC) Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Propylene Carbonate (PC) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Propylene Carbonate (PC) Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Propylene Carbonate (PC) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Propylene Carbonate (PC) Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Propylene Carbonate (PC) Production by Type (2021-2032)
- 7.1.1 Global Propylene Carbonate (PC) Production by Type (2021-2032) & (K MT)
- 7.1.2 Global Propylene Carbonate (PC) Production Market Share by Type (2021-2032)
- 7.2 Global Propylene Carbonate (PC) Production Value by Type (2021-2032)
- 7.2.1 Global Propylene Carbonate (PC) Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Propylene Carbonate (PC) Production Value Market Share by Type (2021-2032)
- 7.3 Global Propylene Carbonate (PC) Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Propylene Carbonate (PC) Production by Application (2021-2032)
- 8.1.1 Global Propylene Carbonate (PC) Production by Application (2021-2032) & (K MT)
- 8.1.2 Global Propylene Carbonate (PC) Production Market Share by Application (2021-2032)
- 8.2 Global Propylene Carbonate (PC) Production Value by Application (2021-2032)
- 8.2.1 Global Propylene Carbonate (PC) Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Propylene Carbonate (PC) Production Value Market Share by Application (2021-2032)
- 8.3 Global Propylene Carbonate (PC) Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Propylene Carbonate (PC) Value Chain Analysis
- 9.1.1 Propylene Carbonate (PC) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Propylene Carbonate (PC) Production Mode & Process
- 9.2 Propylene Carbonate (PC) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Propylene Carbonate (PC) Distributors
- 9.2.3 Propylene Carbonate (PC) Customers
10 Global Propylene Carbonate (PC) Analyzing Market Dynamics
- 10.1 Propylene Carbonate (PC) Industry Trends
- 10.2 Propylene Carbonate (PC) Industry Drivers
- 10.3 Propylene Carbonate (PC) Industry Opportunities and Challenges
- 10.4 Propylene Carbonate (PC) Industry Restraints
11 Report Conclusion
12 Disclaimer
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