Materials & Chemicals Market Research News

New study: Ionic liquids market estimated to hit $39.6 million & growing at a CAGR of 9.2% by 2021

New study: Ionic liquids market estimated to hit $39.6 million & growing at a CAGR of 9.2% by 2021

Research on Ionic Liquids Market by Application (Solvents & Catalysts, Process & Operating Fluids, Plastics, Batteries & Electrochemistry, Bio-Refineries) and by Region (North America, Europe, Asia-Pacific and Rest of World) - Global Forecast to 2021

- Agency -.

Global Ionic Liquids Market is estimated to hit $39.6 million by 2021 & growing at a CAGR of 9.2% between 2017 and 2021.   Download Sample Copy @ www.rnrmarketresearch.com/contacts…mple?rname=544011     The rising demand for ionic liquids owing to their unique properties along with further development and commercialization of ionic liquid applications are the key drivers of the market.

However, high costs of these liquids restraint the growth of this market.   The key companies profiled in this market research report are BASF SE (Germany), Evonik Industries AG (Germany), Merck KGaA (Germany), Ionic Liquids Technologies (IoLiTec) GmbH (Germany), The Chemours Company (U.S.), Proionic (Austria), Solvionic SA (France), CoorsTek Specialty Chemicals (U.S.), Jinkai Chemical Co., Ltd.

- Agency -.

(China), Reinste Nanoventure (India), Tatva Chintan Pharma Chem Pvt. Ltd. (India), and Strem Chemicals Inc. (U.S.).    

Ask for a copy of  Ionic Liquids Market by Application (Solvents & Catalysts, Process & Operating Fluids, Plastics, Batteries & Electrochemistry, Bio-Refineries) and by Region (North America, Europe, Asia-Pacific and Rest of World) - Global Forecast to 2021 at www.rnrmarketresearch.com/contacts…ount?rname=544011   Ionic liquids, also called designer solvents, and their properties can be customized according to the requirements of the processes and applications. These properties are influenced by the cation and anion used.

Cations influence the toxicology and bio-degradability, whereas anions influence water stability. Viscosity, water miscibility, and cost of the liquids are influenced by the cation and anion used.

Growing popularity of these liquids and their increase is used in various applications play a significant role in driving the market. Ionic liquids have unique set of properties, which makes them a potential replacement of industrial solvents or essential component in various applications.  

Asia-Pacific is the largest market for ionic liquids. China is the largest and fastest-growing market for ionic liquids.

India, China, Japan, and Malaysia are important markets in Asia-Pacific. These countries have been adopting newer processes using ionic liquids.

Companies have been developing newer ionic liquids according to their application needs. China Ionic Liquids Laboratories and Petronas Ionic Liquids Centre are some of the institutes conducting research on ionic liquid applications.  

In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key industry personnel. The break-up profile of primary discussion participants is given here Tier 1 (25%); Tier 2 (25%) and Tier 3 (50%) companies were contacted for interviews.

The interviews were conducted with various key people such as C-Level (50%) and Director Level (31%) and other (19%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (24%), Europe (49%), Asia Pacific (21%) and RoW (6%).  

Complete report on Ionic Liquids Market spread across 97 pages, 13 profiling companies and supported with 32 tables and 37 figures is now available at

www.rnrmarketresearch.com/ionic-li…rket-report.html

News From

RnR Market Research - Market Research and Competitive Analysis ReportsRnR Market Research
Category: Market Research Publishers and RetailersCompany profile: RnRMarketResearch.com is an online database of market research reports offers in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.