An ionic liquid (IL) is a salt in the liquid state. In some contexts, the term has been restricted to salts whose melting point is below some arbitrary temperature, such as 100 °C (212 °F). While ordinary liquids such as water and gasoline are predominantly made of electrically neutral molecules, ionic liquids are largely made of ions and short-lived ion pairs. These substances are variously called liquid electrolytes, ionic melts, ionic fluids, fused salts, liquid salts, or ionic glasses. They are known as "solvents of the future" as well as "designer solvents".
Ionic liquids are a mere combination of a cation and an anion. These specialty liquids have the potential to be used as a solvent and catalyst in bio-refineries and as an electrolyte in electrochemistry & batteries as well as bio-refineries. Majority of the chemical reactions are carried out in the presence of solvents. Solvents are used on a wide scale, but are difficult to store because of their volatility. They also have VOCs that are harmful to the environment and can cause health hazards. As the governments worldwide are restricting the emission of VOCs, ionic liquids can be a potential replacement for solvents, which will drive the ionic liquids market.
Asia Pacific is one of the largest ionic liquids market. China, India, Japan, and Malaysia are the major leading market for ILs and they are expected to dominate the market on account of low labor cost, attracting foreign investors and adopting new synthetic process using ILs. They are mainly focusing on high quality and low-cost applications. North America is the second largest Ionic liquid market. North America supplies their manufactured ionic liquids to the global market. Europe is expected to show a steady growth in the forecasted year. South America and Africa offer low opportunities for ILs market owing to lack of sufficient application based manufacturing industries.
The global Ionic Liquid market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Ionic Liquid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Ionic Liquid market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Ionic Liquid in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Ionic Liquid manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Merck
BASF
Tatva Chintan
Reinste Nanoventure
Evonik Industries
Ionic Liquids Technologies
Proionic (Austria)
Jinkai Chemical
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Non-Volatile Plasticizers
Thermal Fluids
Hydraulic Fluids
High Temperature Lubricants
Low Temperature Lubricants
Electro Chemical Cells & Devices
Analytical Chemistry
Segment by Application
Solvents & Catalysts
Process & Operating Fluids
Plastics, Batteries & Electrochemistry
Bio-Refineries
Summary:
Get latest Market Research Reports on Ionic Liquid. Industry analysis & Market Report on Ionic Liquid is a syndicated market report, published as Global Ionic Liquid Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Ionic Liquid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.