Carbonate Solvent Market Insights Video

According to Cognitive Market Research, the global Carbonate Solvent market size was USD 3954.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.90% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 1581.6 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1186.2 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 909.4 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 197.7 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 79.0 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
• The Propylene Carbonate Product type segment held the highest Carbonate Solvent market revenue share in 2024.