Ionic Liquids: Environmentally Sustainable Solvent, Energy Storage and Separation Processes

Report Highlights

The global ionic liquids market should reach $55.8 million by 2026 from $43.0 million in 2021 at a compound annual growth rate (CAGR) of 5.4% for the forecast period of 2021 to 2026.

Report Includes

• 83 tables
• An overview of the global markets and applications of ionic liquids
• Analyses of global market trends, with data from 2020, estimates for 2021 and projections of compound annual growth rates (CAGRs) through 2026
• Coverage of milestones in the history of ionic liquids; explanation of characteristics of ionic liquids such as low vapor pressure, stability, and environment friendliness, and discussion on current events within the industry
• Description of commercial ionic liquids production technologies and discussion on ionic liquids as a sustainable replacement of traditional organic solvents
• Detailed analysis of the current market trends and forecast, relevant R&D activities, new products launches and product enhancement in the industry and discussion of regulatory elements that are affecting the future marketplace
• Analysis of supply and sourcing issues, latest development, commercialization hurdles, market trend, and demand side analysis
• Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies
• Comprehensive company profiles of the suppliers of different types of ionic liquids, including BASF SE, Ionic Liquid Chemicals LLC, Koei Chemical Co., Ltd., Proionic GMBH, Solvay and Synthio Chemicals Inc.

Report Scope

This report reviews both global and regional ionic liquid markets for different end-use industries. The report analyzes the current market status and trends and provides growth forecasts for the five-year period from 2020 to 2026. The report has detailed analyses of key trends and opportunities that would help market growth. It will also analyze the major challenges faced by manufacturers and end users of ionic liquids.

The report will also have a separate section highlighting the impact of COVID-19 on ionic liquid market at a global level. The section will include the impact of COVID-19 on demand and supply of ionic liquids, as well as various strategic decisions taken by government to boost the market.

The market size and estimations are provided in terms of value ($ thousands), with 2020 as the base year and market forecasts from 2021 to 2026. For companies that reported their revenue in other currencies, the average annual currency conversion rate was used for the particular year to convert the revenue to U.S. dollars.

The report study will be segmented into four geographical regions: North America, Europe, Asia-Pacific and Rest of the World (ROW), along with a segmental analysis based on applications. The impact of COVID-19 will be considered while estimating the market size.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.