1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Electric Power
  5. > Energy Storage Market Trends
Ionic Liquids: Environmentally Sustainable Solvent, Energy Storage and Separation Processes

Ionic Liquids: Environmentally Sustainable Solvent, Energy Storage and Separation Processes

  • October 2021
  • 173 pages
  • ID: 5784064
  • Format: PDF
  • BCC Research

Summary

Table of Contents

Report Scope:
This report reviews both global and regional ionic liquid markets for different end-use industries.The report analyzes the current market status and trends and provides growth forecasts for the five-year period from 2020 to 2026.

The report has detailed analyses of key trends and opportunities that would help market growth. It will also analyze the major challenges faced by manufacturers and end users of ionic liquids.

The report will also have a separate section highlighting the impact of COVID-19 on ionic liquid market at a global level. The section will include the impact of COVID-19 on demand and supply of ionic liquids, as well as various strategic decisions taken by government to boost the market.

The market size and estimations are provided in terms of value ($ thousands), with 2020 as the base year and market forecasts from 2021 to 2026. For companies that reported their revenue in other currencies, the average annual currency conversion rate was used for the particular year to convert the revenue to U.S. dollars.

The report study will be segmented into four geographical regions: North America, Europe, Asia-Pacific and Rest of the World (ROW), along with a segmental analysis based on applications. The impact of COVID-19 will be considered while estimating the market size.

Report Includes:
- 83 tables
- An overview of the global markets and applications of ionic liquids
- Analyses of global market trends, with data from 2020, estimates for 2021 and projections of compound annual growth rates (CAGRs) through 2026
- Coverage of milestones in the history of ionic liquids; explanation of characteristics of ionic liquids such as low vapor pressure, stability, and environment friendliness, and discussion on current events within the industry
- Description of commercial ionic liquids production technologies and discussion on ionic liquids as a sustainable replacement of traditional organic solvents
- Detailed analysis of the current market trends and forecast, relevant R&D activities, new products launches and product enhancement in the industry and discussion of regulatory elements that are affecting the future marketplace
- Analysis of supply and sourcing issues, latest development, commercialization hurdles, market trend, and demand side analysis
- Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies
- Comprehensive company profiles of the suppliers of different types of ionic liquids, including BASF SE, Ionic Liquid Chemicals LLC, Koei Chemical Co., Ltd., Proionic GMBH, Solvay and Synthio Chemicals Inc.

Summary:
Ionic liquids, a small specialty chemical market, have recently started to receive attention frominvestors and end users. The industry is expanding slowly but steadily as suppliers struggle to keep pacewith the global demand for alternative, environmentally friendly technologies across different applications including energy storage, industrial solvents and biomass processing.

High manufacturing costs as a result of small-scale batch production are a primary barrier for the penetration of materials in end use applications.High raw material costs are hindering the numberof players entering the market.

Aswith otheremerging technologies, cost benefitsmay not be immediately obvious due to low volume of production.BCC Research expects large-scale ionic liquid supply by 2022, along with at least a 70% decline in price.

For instance, Chevron commercialized an alkylation unit based on ionic liquid in April 2021. This will be associatedwith accelerated technology adoption and faster commercialization, with a compound annualgrowth rate (CAGR) of REDACTED from2021 to 2026.

Security of supply and cost are the twomajor factors affecting the global IL market.Today, there are many suppliers of ionic liquids with production capacity varying from the gram scale to the multi-ton scale.

As the demand for ionic liquids has not been established properly inmany of its end-use application markets, suppliers are restricting their full capacity production or producing on a small scale. This has resulted in high production costs, and as a result,many end users do not find ionic liquids to be price competitive.

Though today there are only a limited numberof commercial processes available that use ionic liquids, there is clearly a path forward that suggests that ionic liquid technologies are viable if costs can be controlled. The application market is dominated by startups and university spin-offs in partnershipwith conventional ionic liquid manufacturers.With the recent success in commercialization andmarket adoption stories, ionic liquid technologies are certain to broaden in the coming years.

Supportive government regulations inmany regions are anticipated to have a positive impact on the global ionic liquid market, especially for renewable technology applications. Stringent regulations banning certain toxic solvents and processed chemicals in various industry sectors, especially in developed regions such as the U.S. and Europe, are primarily propelling market growth. Incentives offered by governments, especially promoting the use of renewable sources, are expected to have a positive impact on global ionic liquid demand fornext five years.

The solvent and catalyst application marketwill remain the major end-use market for ionic liquids by value during the forecast period, followed by separation processes, electrochemicaldevices and biotechnology. However, the electrochemicaldevice market is expected to growat the largestCAGR during the forecast period.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Battery Energy Storage System Market Research Report by Technology, by Connection Type, by Application, by State - United States Forecast to 2026 - Cumulative Impact of COVID-19

  • $ 4949
  • October 2021
  • 191 pages

Battery Energy Storage System Market Research Report by Technology (Flow Batteries, Lead-acid Batteries, and Lithium-ion Batteries), by Connection Type (Off-grid Connection and On-grid Connection), by ...

  • California
  • Florida
  • Rechargeable Battery
  • Energy Storage
  • Industry analysis

ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on