Dublin, June 14, 2023 (GLOBE NEWSWIRE) -- The "Ionic Liquids: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Ionic Liquids estimated at US$38.4 Million in the year 2022, is projected to reach a revised size of US$63.5 Million by 2030, growing at a CAGR of 6.5% over the analysis period 2022-2030.
Solvents & Catalysts, one of the segments analyzed in the report, is projected to record a 6.7% CAGR and reach US$20.3 Million by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Batteries & Electrochemistry segment is readjusted to a revised 6.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $10.5 Million, While China is Forecast to Grow at 10.5% CAGR
The Ionic Liquids market in the U.S. is estimated at US$10.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$14.4 Million by the year 2030 trailing a CAGR of 10.5% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 6.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$8.7 Million by the year 2030.
Select Competitors (Total 38 Featured) -
- BASF SE
- Evonik Industries AG
- Merck KgaA
- Proionic GmbH
- Reinste Nano Ventures Pvt., Ltd. (RNV)
- Solvay SA
- Solvionic SA
- Strem Chemicals, Inc.
- Tatva Chintan Pharma Chem Pvt. Ltd.
- The Chemours Company
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 192 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $38.4 Million |
| Forecasted Market Value (USD) by 2030 | $63.5 Million |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Ionic Liquids Market to Continue Experiencing Strong Growth Led by Expanding Applications
- Unique Characteristics of Ionic Liquids Contribute to Market Growth
- Competition
- Global Ionic Liquids Market: Percentage Breakdown of Sales by Leading Players for 2019E
- Ionic Liquids - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Ionic Liquids Emerge as Potential Materials to Capture and Use Carbon Dioxide
- Corrosion Inhibitors in Industrial Metals and Alloys: Ionic Liquids Emerge as Green Options
- Ionic Liquids Grab Attention of Chemists for Use in Synthesis and Catalysis Applications
- Ionic Liquids Evolve as Designer Solvents for Synthesizing New Functional Materials
- Growing Interest in Ionic Liquids as Solvents
- Ionic Liquids Emerge as Promising Solvents for N-Heterocycles Synthesis
- Global Concerns over Plastic Waste: Could Ionic Liquids Present a Solution to Recycle Plastics
- Biomass Processing: The Ability of Ionic Liquids to Dissolve Cellulose to Favor Market
- Growing Interest in Renewable Energy Sources Turns Focus onto Biorefineries: A Favorable Factor for Ionic Liquids Market
- Biorefinery Technologies Market Worldwide: Revenues in $ Billion for the Years 2018, 2020, 2022 and 2024
- Widening Use of Ionic Liquids in Surface Electrochemistry
- Use of Ionic Liquids as Novel Electrolytes for Secondary, Rechargeable Batteries Gains Prominence
- Ionic Liquids Find Use in Lithium Batteries
- Using Ionic Liquids as Electrolytes in Sodium Ion Batteries
- Polymeric Ionic Liquids - Alternative Electrolyte/Binder Candidates for Li-based Rechargeable Batteries
- Need to Reduce Friction and Wear of Machine Tool Drives Use of Ionic Liquids as Additives to Cutting Fluids
- Potential Role of Ionic Liquids as Additives to Canola Oil for MQL Machining of Carbon Steel
- Ionic Liquid-Based Nanofluids: A Research Stage Material with Tremendous Growth Potential
- Exploring the Role of Ionic Liquids as Green Solvents in the Textile Industry
- PRODUCT OVERVIEW
- Ionic Liquid: An Introduction
- Ionic Liquids: A Journey through History
- Uses and Applications
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/n6lw3j
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