Ethylene carbonate is used as an electrolytic solvent for lithium-ion batteries, as a plasticizer, as an intermediate in production of polycarbonate diols, as solvent for coatings, dyes, cross-linking agent for super-absorbent polymers. Lithium- ion batteries is mainly driving the ethylene carbonate. Shortage of raw materials and regulations over the use of ethylene carbonate are restraining the growth of ethylene carbonate market.