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Ethylene Carbonate Market: Global Industry Analysis and Forecast 2027 Ethylene carbonate is an excellent industrial solvent, which has low toxicity and strong solubility for organic and inorganic materials. It is used in applications like surface coatings, dyes, fibers, plastics and Li-Battery. Ethylene carbonate is also used as formulation agent in electrolyte of li-battery. It is used as raw material for the production of lubricants and as a solvent for polymers, resins, plasticizers, and adhesives & sealants. According to the ethylene carbonate market report analysis some of the predictions are as follow as: