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Global Ionic Liquids Market 2017-2021

Global Ionic Liquids Market 2017-2021

About Ionic Liquids

Ionic liquids are salts with melting points lower than 100°C (212˚F). They are synthetic (organic) liquids that contain a positive ion (cation) and a negative ion (anion), wherein one or both of the ions are organic compounds. Organic cations typically contain nitrogen or phosphorus compounds, such as imidazolium, phosphonium, pyridinium, and ammonium, that are poorly coordinated with the anion. At least one of the ions has a delocalized charge such that the formation of the stable crystal lattice is prevented and strong electrostatic forces hold the ions together.

Technavio’s analysts forecast the global ionic liquids market to grow at a CAGR of 9.31% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global ionic liquids market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • ROW
Technavio's report, Global Ionic Liquids Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BASF
  • Evonik Industries
  • Merck
  • Solvay
  • Strem Chemicals
Other prominent vendors
  • CoorsTek
  • Iolitec Ionic Liquids Technologies
  • Jinxi Jinkai Chemical
  • proionic
  • Reinste Nano Ventures
  • Santa Cruz Biotechnology
  • Scionix
  • Solaronix
  • SOLVIONIC
  • Tatva Chintan Pharma Chem
  • Tokyo Chemical Industry
Market driver
  • Use of ionic liquids as replacements for solvents
  • For a full, detailed list, view our report
Market challenge
  • High price of ionic liquids
  • For a full, detailed list, view our report
Market trend
  • Increasing environmental awareness drives the demand for ionic liquids
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Ionic Liquids Market 2017-2021

Technavio recognizes the following companies as the key players in the global ionic liquids market: BASF, Evonik Industries, Merck, Solvay, and Strem Chemicals.

Other Prominent Vendors in the market are: CoorsTek, Iolitec Ionic Liquids Technologies, Jinxi Jinkai Chemical, Proionic, Reinste Nano Ventures, Santa Cruz Biotechnology, Scionix, Solaronix, SOLVIONIC, Tatva Chintan Pharma Chem, and Tokyo Chemical Industry.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing environmental awareness drives the demand for ionic liquids. Ionic liquids are green solvents that are used in the adhesive and food industries. Unlike other solvents, they do not emit harmful substances or cause pollution. The byproducts of ionic liquids are biodegradable and cause zero waste. However, the raw materials used during the manufacturing of ionic liquids may cause harmful effects to the environment if they come in contact with water.”

According to the report, one driver in the market is use of ionic liquids as replacements for solvents. Ionic liquids are fused salts and can remain in a liquid state under 100ºC. These liquids can be used as industrial solvents because of their ability to dissolve various chemicals. These have low volatility and thus have low vapor pressures. These liquids have a combination of a cation and an anion. The ionic liquids can be used as solvents and catalysts in bio-refineries and as electrolytes in electrochemistry and batteries as well as bio-refineries.

Further, the report states that one challenge in the market is high price of ionic liquids. Ionic liquids are green solvents and are highly priced as the raw materials are not easily available. The high production cost makes it infeasible for a wide range of industrial applications. Thus, the commercialization of ionic liquids and their utilization as solvents in manufacturing processes is limited because of their high costs. The ionic liquids are manufactured on a small scale. Commercialization of these liquids is expected to reduce their price and make them economical and feasible for numerous applications.

Companies Mentioned

BASF, Evonik Industries, Merck, Solvay, and Strem Chemicals, CoorsTek, Iolitec Ionic Liquids Technologies, Jinxi Jinkai Chemical, Proionic, Reinste Nano Ventures, Santa Cruz Biotechnology, Scionix, Solaronix, SOLVIONIC, Tatva Chintan Pharma Chem, and Tokyo Chemical Industry.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Global ionic liquids market
      • Table Global ionic liquids market 2016 and 2021 ($ millions)
      • Table Global ionic liquids market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global ionic liquids market by application
      • Table Global ionic liquids market by application 2016 (% share of revenue)
      • Table Global ionic liquids market by application 2021 (% share of revenue)
    • Global ionic liquids market in solvents and catalysts
      • Table Global ionic liquids market in solvents and catalysts segment 2016 and 2021 ($millions)
      • Table Global ionic liquids market in solvents and catalysts segment 2016-2021
    • Global ionic liquids market in extraction and separations
      • Table Global ionic liquids market in extraction and separations segment 2016 and 2021 ($millions)
      • Table Global ionic liquids market in extraction and separations segment 2016-2021
    • Global ionic liquids market in bio-refineries
      • Table Global ionic liquids market in bio-refineries segment 2016 and 2021 ($ millions)
      • Table Global ionic liquids market in bio-refineries segment 2016-2021
    • Global ionic liquids market in batteries and electrochemistry
      • Table Global ionic liquids market in batteries and electrochemistry segment 2016 and2021 ($ millions)
      • Table Global ionic liquids market in batteries and electrochemistry segment 2016-2021
    • Global ionic liquids market in others
      • Table Global ionic liquids market in others segment 2016 and 2021 ($ millions)
      • Table Global ionic liquids market in others segment 2016-2021
  • Geographical segmentation
    • Global ionic liquids market by geography
      • Table Global ionic liquids market by geography 2016 (% share of revenue)
      • Table Global ionic liquids market by geography 2021 (% share of revenue)
    • Ionic liquids market in APAC
      • Table Ionic liquids market in APAC 2016 and 2021 ($ millions)
      • Table Ionic liquids market in APAC 2016-2021
    • Ionic liquids market in Americas
      • Table Ionic liquids market in Americas 2016 and 2021 ($ millions)
      • Table Ionic liquids market in Americas 2016-2021
    • Ionic liquids market in Europe
      • Table Ionic liquids market in Europe 2016 and 2021 ($ millions)
      • Table Ionic liquids market in Europe 2016-2021
    • Ionic liquids market in ROW
      • Table Ionic liquids market in ROW 2016 and 2021 ($ millions)
      • Table Ionic liquids market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Properties of ionic liquids
    • Market challenges
  • Market trends
    • Increasing environmental awareness drives the demand for ionic liquids
    • Increasing demand for ionic liquids in biorefineries and energy storage applications
    • Emerging new alkylation technology that uses ionic liquids as catalysts in refining applications
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Global ionic liquids market: Other prominent vendors
  • Key vendor analysis
    • BASF
      • Table BASF: Business segmentation by revenue 2016 (% share)
      • Table BASF: Geographical segmentation by revenue 2016 (% share)
      • Table BASF: Key products and their properties
    • Evonik Industries
      • Table Evonik Industries: Business segmentation by revenue 2016 (% share)
      • Table Evonik Industries: Geographic segmentation by revenue 2016 (% share)
    • Merck
      • Table Merck: Geographical segmentation by revenue 2016 (% share)
      • Table Merck: Business segmentation
      • Table Merck: Business segmentation by revenue 2016 (% share)
    • Solvay
      • Table Solvay: Business segmentation by revenue 2016 (% share)
      • Table Solvay: Geographical segmentation by revenue 2016 (% share)
    • Strem Chemicals
      • Table Strem Chemicals: Product portfolio
      • Table Strem Chemicals: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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