The Ethylene Carbonate (EC) Market is projected to grow by USD 223.48 million, with a CAGR of 10.32% from 2023 to 2028. This growth is driven by a surge in automotive production, which increases the need for various materials and components. The market is also buoyed by the rising demand for plasticizers, which are used across multiple industries. Additionally, the focus on sustainable energy solutions has led to a higher demand for energy storage systems, further spurring market growth. Together, these factors contribute to a vibrant market landscape, encouraging innovation and adaptation in response to evolving trends and consumer needs.

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