openPR Logo
Press release

Ionic liquids market to hit USD 2 billion by 2022 :Global Market Insights, Inc.

04-25-2017 03:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insights, Inc.

/ PR Agency: Global Market Insights, Inc.
Ionic liquids market to hit USD 2 billion by 2022 :Global Market

U.S. ionic liquids market size was the dominant with revenue generation over USD 200 million in 2014.

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.

Request for a sample of this research report @

Commercial products for this application include stannates, chloraluninates or alkylchloroaluminates. 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. The CAA (Clean Air Act) forms the basis of the EPA action & mandate to curb atmospheric pollution with guidelines for each state to maintain SIP (Sate Implementation Plan) for compliance. EU, under the act 1999/13/EC, regulates VOC emission in manufacturing and service sectors.

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.

To access sample pages or view this report in detail along with the table of contents, please click on the link below:

Key insights from the report include:
• Global ionic liquids market size registered 9.77 kilo tons in 2014 and is likely to achieve growth rates at 23.4% up to 2022 and reach 51.75 kilo tons.

• U.S. ionic liquid market size was the dominant regional industry and accounted for 35.9% of the total volume in 2014. A stringent environmental norm structure by the EPA to curb VOC content is likely to favor demand.

• China ionic liquid market is likely to attain highest gains at 24.2% CAGR, up to 2022 with a target to reduce pollution owing to presence of large & small scale manufacturing facilities in the region.

• Pharmaceutical application in Germany generated revenues worth USD 7.5 million in 2014 and is likely to achieve highest growth rates up to 2022.

• Japan ionic liquid industry revenue for pharmaceutical applications should gain at over 16.5% for the next seven years.

• Ionic liquids market share is fragmented as end-use industries demand application specific product solutions. Key companies include Solvionic, BASF, IOLITECH GmbH and Coorstek. Other prominent companies include TCI, Strem Chemicals, Merck and Scionix.

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ionic liquids market to hit USD 2 billion by 2022 :Global Market Insights, Inc. here

News-ID: 514442 • Views: 303

More Releases from Global Market Insights, Inc.

Robotic Prosthesis Market Dynamics, Forecast, Analysis and Supply Demand 2019-20 …
Robotic prosthesis market size is expected to grow significantly from 2019 to 2025. Robotic prosthesis market is primarily driven by growing demand for prosthetic implants owing to due to rise in number of accidents, severe injuries, tumors as well as congenital anomalies. Growing investments in R&D to integrate intelligent mechatronics, advanced sensing and control for attaining higher order lost sensorimotor functions, have enabled introduction of advanced technology within the devices
Anal Fistula Surgical Treatment Market Growth, Opportunities, Industry Applicati …
Anal fistula surgical treatment size is expected to grow significantly from 2019 to 2025. The anal fistula surgical treatment market is projected to witness lucrative growth over the coming years due to the increasing prevalence of inflammatory bowel diseases. Inflammatory bowel disease (IBD) is a chronic inflammatory disorder of the gastrointestinal (GI) tract that includes both ulcerative colitis and crohn disease. Some of the symptoms of inflammatory bowel diseases are
Healthcare Fabrics Market Outlook 2019 - Growth Drivers, Opportunities and Forec …
Healthcare fabrics market size is expected to grow significantly from 2019 to 2025. The healthcare fabrics market is estimated to witness lucrative growth over the coming years owing to increasing consumer awareness regarding the usage of hygiene products along with the improved quality of healthcare fabrics. The fabrics play a vital role in the healthcare textile industry as they are used in various medical applications. With the changing lifestyle, personal
Veterinary Equipment and Disposables Market Growth, Opportunities, Industry Appl …
Veterinary Equipment and Disposables Market size is projected to experience significant growth from 2019 to 2025. The veterinary equipment and disposables market is estimated to witness considerable growth over the forth coming years. These equipments and disposables are intended for diagnosis, monitoring and treatment of various health conditions associated with animals. High growth is attributable to increasing prevalence of zoonotic diseases coupled with rising trend of pet adoption in both

All 5 Releases

More Releases for USD

Agriculture Robots worth USD 3.5 billion market
According to Goldstein Research, the rising demand for agriculture robots is being driven by a numerous factors including global population growth, increasing strain on the food supply and decreasing availability of farm workers in developed countries. Global agriculture robots market segmentation includes products types such as driverless tractors, milking robots, potato sorting system, unmanned aerial vehicles and other. The market for agricultural robots is emerging at a rapid pace, with
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size
Metabolomics Market USD 1.24 Billion by 2020
The global metabolomics market is estimated to reach USD 1.24 Billion in 2020, growing at a CAGR of 15.6% from 2016 to 2020, according to a market research report Metabolomics Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Metabolomics Market 2013-2020 report at Metabolomics is the scientific study of chemical processes involving metabolites, whereas metabolome represents the collection of all metabolites in a biological cell, tissue, organ or organism, which
Albumin Market USD 300 Million by 2020
According to a market research report Albumin Market 2013-2020, published by iHealthcareAnalyst, Inc., the global albumin market is estimated to reach USD 300 Million in 2020, expanding at a CAGR of 2.4% from 2016 to 2020. Visit the Albumin Market 2013-2020 report at The global albumin market segmentation is based on type (human serum albumin, bovine serum albumin, recombinant albumin), and its applications (drug formulation and drug delivery, vaccines, components
Nanomedicine Market USD 170 Billion by 2020
The global nanomedicine market is estimated to reach USD 170 Billion in 2020, growing at a CAGR of 8.9% from 2016 to 2020, according to a market research report Nanomedicine Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Nanomedicine Market 2013-2020 report at Nanomedicine is the medical application of nanotechnology that ranges from the medical applications of nanomaterials and biological devices, to nanoelectronic biosensors, and even possible future applications of