Title: Ionic Liquids Market
1Traditional Ionic Liquids market price trends has
been high.
2Global Market Scenario of Integrated Systems
Market
- Ionic liquids market size is forecast to be worth
over USD 2 billion by 2022 as per a new research
report by Global Market Insights, Inc. - Strong green solvents market demand in chemicals,
pharmaceuticals and electronics in order to
minimize toxicity concerns from inorganic
counterparts are likely to drive growth. - Catalysis/synthesis application dominated the
demand and accounted for over 27 of the total
ionic liquid market share in 2014, with
consumption of over 2,800 tons. - Commercial products for this application include
stannates, chloraluninates or alkylchloroaluminate
s. Pharmaceutical applications are forecast to
grow with highest CAGR of 25.6 up to 2022. - Stringent norms by REACH and EPA to curb toxicity
by minimizing VOC content in the environment is
likely to positively influence ionic liquids
market size in green solvent applications.
3Continue.....
- Liquids such as pyrrolidinium, imidazolium,
pyridinium, piperidinium, ammonium, morpholinium,
sulphonium and phosphonium offer production
flexibility owing to myriad combinations of
anions cations. - These are favored in numerous applications owing
to intrinsic properties which include high
temperature stability, insignificant vapor
pressure, low viscosity, non-flammability and
liquid state preservation in high temperature
area. - Possibility of some traditional ionic liquids
such as N-alkylpyridinium and tetraalkylammonium
of becoming persistent pollutants by release in
soil or water resources is a concern, which might
hamper industry growth. - High cost of these solvents is also a concern to
generate profitability for industry participants.
Technology innovation to develop products
catering to niche applications such as aerospace
and pharmaceuticals is likely to present
unexplored growth potential.
4 U.S. ionic liquids market share, by
application, 2014-2022
5360 Analysis
Application Analysis Food applications accounted
for over 11 of the total ionic liquids market
size in 2014 and are likely to grow at
significant rate from 2015 to 2022. Consumer
preference towards processed foods owing to
hectic lifestyle and growth in spending capacity
is likely to drive ionic liquids demand for this
application. Regional Analysis China ionic
liquids market share accounted for over 17 of
the total demand in 2014. Shift in focus towards
adopting green solvents over toxicity issues
causing environmental problems from organic
counterparts is likely to drive demand in
China. U.S. ionic liquids market size was the
dominant with revenue generation over USD 200
million in 2014. Competitive Market
Share Global ionic liquids market share is
fragmented as many companies cater different
product types to end-use industries according to
specified applications.
6 Latest Research Report On Aerial Imaging Market_at_
https//www.gminsights.com/industry-analysis/ionic
-liquids-market-report Download Latest Report
PDF _at_ https//www.gminsights.com/roc/121
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