Ionic Liquids Market with COVID-19 Impact Analysis, By Product Type (Ammonium, Imidazolium, Phosphonium, Pyrrolidinium, and Pyridinium), By End User and By Region Industry Analysis, Market Size, Market Share & Forecast from 2022-2028
REPORT HIGHLIGHT
Ionic Liquids Market size was valued at USD 1,600.8 Million in 2021, expanding at a CAGR of 20.6% from 2022 to 2028.
Salt-like minerals known as ionic liquids become liquid at temperatures below 100 °C. They are also referred to as "room-temperature ionic liquids" since they typically have melting temperatures that are below 100 °C. Due to their distinctive physical and chemical characteristics, such as thermal stability and electrical conductivity, ionic liquids were first presented as green alternatives to traditional reaction media.
Market Dynamics
Due to the growing use of ionic liquids as industrial solvents, the market is anticipated to grow significantly during the forecast period. The market for the product as a green solvent is anticipated to increase with a growing environmental focus on green chemistry. Over the course of the forecast period, the industry is also anticipated to be driven by increased demand from extractions and separations applications. Over the projection period, the expansion is also likely to be fueled by rising environmental consciousness regarding green solvents. The ionic liquids market is anticipated to be driven by increasing product production in the North American region as a result of rising demand from diverse applications and cutting-edge production facilities.
The market for ionic liquids is anticipated to benefit from environmental regulations imposed by governmental organizations like the Environmental Protection Agency (EPA) and the European Union to control toxicity by reducing the content of volatile organic compounds (VOCs) in the environment. The industrialization of developing nations also boosted the growth of the ionic liquids market. Additionally, improvements in the adhesives, inks, and chemical processing industries contribute significantly to the consumption of ionic liquids and support the growth of the ionic liquids market. The market for ionic liquids has benefited from recent developments in the pharmaceutical, textile, and agricultural sectors. COVID-19 has had a negative impact on the market as the chemical and pharmaceutical industries have witnessed a significant drop in their business and revenues.
Segmentation Analysis:
The Global Ionic Liquids Market is segmented on the basis of Product Type, End User, and Region.
The market is segmented into six categories based on Product Type: imidazolium, ammonium, pyrrolidinium, phosphonium, and pyridinium, among others. The ammonium segment dominates the market. Increasing demand for ammonium in ionic liquids in the chemical industry is boosting segment growth.
The market is divided into nine categories based on end-user: solvents & catalysts, plastics, electrochemistry & batteries, bio-refineries, electronics, paper & pulp, food, pharmaceuticals, and others. The solvent and catalyst segment dominates the market and is likely to maintain its dominance during the forecast period. This is partly due to an increase in the demand for chemical reagents in petrochemical and chemical reactions.
Competitive Landscape:
The Global Ionic Liquids market is particularly consolidated in nature with the presence of small and large-sized market players. Several companies are indulging in various strategic initiatives to recover losses caused due to the COVID-19 pandemic and bolster their market presence. Some of the primary techniques used by corporations to strengthen their reach and expand their market share include new product launches, partnerships, distribution network development, R&D spending, and mergers and acquisitions.
For instance, in April 2021, Chevron Corporation and Honeywell contracted the world’s first ISOALKYL facility which allows cost-effective production of alkylates.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL IONIC LIQUIDS MARKET KEY PLAYERS
- BASF SE
- Celanese Corporation
- DSM
- SABIC
- Avient
- Dow
- Ensinger
- KANEKA CORPORATION
- Toray Industries, Inc
- DuPont
- Solvay S.A.
- Evonik Industries
- Chevron Corporation
GLOBAL IONIC LIQUIDS MARKET, BY PRODUCT TYPE
- Ammonium
- Imidazolium
- Phosphonium
- Pyrrolidinium
- Pyridinium
- Others
GLOBAL IONIC LIQUIDS MARKET, BY END USER
- Solvents & catalysts
- Plastics
- Electrochemistry & batteries
- Bio-refineries
- Electronics
- Paper & pulp
- Food
- Pharmaceuticals
- Others
GLOBAL IONIC LIQUIDS MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA
TABLE OF CONTENT
1. Ionic Liquids Market Overview
1.1. Study Scope
2. Executive Summary
2.1. Market Snippet
2.1.1. Market Snippet by Product Type
2.1.2. Market Snippet by End User
2.1.3. Market Snippet by Country
2.1.4. Market Snippet by Region
2.2. Competitive Insights
3. Ionic Liquids Key Market Trends
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. Ionic Liquids Industry Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Ionic Liquids Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Ionic Liquids Market Landscape
6.1. Market Share Analysis, 2021
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. Ionic Liquids Market – By Product Type
7.1. Overview
7.1.1. Segment Share Analysis, By Product Type, 2021 & 2028 (%)
7.1.2. Ammonium
7.1.3. Imidazolium
7.1.4. Phosphonium
7.1.5. Pyrrolidinium
7.1.6. Pyridinium
7.1.7. Others
8. Ionic Liquids Market – By End User
8.1. Overview
8.1.1. Segment Share Analysis, By End User, 2021 & 2028 (%)
8.1.2. Solvents & catalysts
8.1.3. Plastics
8.1.4. Electrochemistry & batteries
8.1.5. Bio-refineries
8.1.6. Electronics
8.1.7. Paper & pulp
8.1.8. Food
8.1.9. Pharmaceuticals
8.1.10. Others
9. Ionic Liquids Market– By Geography
9.1. Introduction
9.1.1. Segment Share Analysis, By Geography, 2021 & 2028 (%)
9.2. North America
9.2.1. Overview
9.2.2. Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.2.4. North America Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.2.5. North America Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.2.6. U.S.
9.2.6.1. Overview
9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.2.6.3. U.S. Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.2.6.4. U.S. Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.2.7. Canada
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.2.7.3. Canada Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.2.7.4. Canada Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.3. Europe
9.3.1. Overview
9.3.2. Key Manufacturers in Europe
9.3.3. Europe Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.3.4. Europe Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.3.5. Europe Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.3.6. Germany
9.3.6.1. Overview
9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.6.3. Germany Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.3.6.4. Germany Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.3.7. Italy
9.3.7.1. Overview
9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.7.3. Italy Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.3.7.4. Italy Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.3.8. United Kingdom
9.3.8.1. Overview
9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.8.3. United Kingdom Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.3.8.4. United Kingdom Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.3.9. France
9.3.9.1. Overview
9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.9.3. France Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.3.9.4. France Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.3.10. Russia
9.3.10.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.10.2. Russia Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.3.10.3. Russia Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.3.11. Netherlands
9.3.11.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.11.2. Netherlands Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.3.11.3. Netherlands Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.3.12. Sweden
9.3.12.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.12.2. Sweden Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.3.12.3. Sweden Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.3.13. Poland
9.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.13.2. Poland Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.3.13.3. Poland Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.3.14. Rest of Europe
9.3.14.1. Overview
9.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.14.3. Rest of the Europe Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.3.14.4. Rest of the Europe Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Key Manufacturers in Asia Pacific
9.4.3. Asia Pacific Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.4.4. Asia Pacific Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.4.5. Asia Pacific Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.4.6. India
9.4.6.1. Overview
9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.6.3. India Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.4.6.4. India Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.4.7. China
9.4.7.1. Overview
9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.7.3. China Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.4.7.4. China Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.4.8. Japan
9.4.8.1. Overview
9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.8.3. Japan Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.4.8.4. Japan Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.4.9. South Korea
9.4.9.1. Overview
9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.9.3. South Korea Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.4.9.4. South Korea Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.4.10. Australia
9.4.10.1. Overview
9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.10.3. Australia Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.4.10.4. Australia Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.4.11. Thailand
9.4.11.1. Overview
9.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.11.3. Thailand Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.4.11.4. Thailand Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.4.12. Indonesia
9.4.12.1. Overview
9.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.12.3. Indonesia Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.4.12.4. Indonesia Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.4.13. Philippines
9.4.13.1. Overview
9.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.13.3. Philippines Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.4.13.4. Philippines Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.4.14. Rest of APAC
9.4.14.1. Overview
9.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.14.3. Rest of APAC Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.4.14.4. Rest of APAC Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.5. Latin America
9.5.1. Overview
9.5.2. Key Manufacturers in Latin America
9.5.3. Latin America Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.5.4. Latin America Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.5.5. Latin America Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.5.6. Brazil
9.5.6.1. Overview
9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5.6.3. Brazil Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.5.6.4. Brazil Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.5.7. Mexico
9.5.7.1. Overview
9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5.7.3. Mexico Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.5.7.4. Mexico Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.5.8. Argentina
9.5.8.1. Overview
9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5.8.3. Argentina Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.5.8.4. Argentina Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.5.9. Colombia
9.5.9.1. Overview
9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5.9.3. Colombia Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.5.9.4. Colombia Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.5.10. Rest of LATAM
9.5.10.1. Overview
9.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5.10.3. Rest of LATAM Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.5.10.4. Rest of LATAM Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.6. Middle East and Africa
9.6.1. Overview
9.6.2. Key Manufacturers in Middle East and Africa
9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.6.4. Middle East and Africa Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.6.5. Middle East and Africa Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.6.6. Saudi Arabia
9.6.6.1. Overview
9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.6.3. Saudi Arabia Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.6.6.4. Saudi Arabia Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.6.7. United Arab Emirates
9.6.7.1. Overview
9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.7.3. United Arab Emirates Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.6.7.4. United Arab Emirates Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.6.8. Israel
9.6.8.1. Overview
9.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.8.3. Israel Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.6.8.4. Israel Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.6.9. Turkey
9.6.9.1. Overview
9.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.9.3. Turkey Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.6.9.4. Turkey Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.6.10. Algeria
9.6.10.1. Overview
9.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.10.3. Algeria Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.6.10.4. Algeria Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.6.11. Egypt
9.6.11.1. Overview
9.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.11.3. Egypt Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.6.11.4. Egypt Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
9.6.12. Rest of MEA
9.6.12.1. Overview
9.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.12.3. Rest of MEA Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Million)
9.6.12.4. Rest of MEA Market Size and Forecast, By End User, 2017 - 2028 (US$ Million)
10. Key Vendor Analysis
10.1. Competitive Dashboard
10.2. Company Profiles
10.2.1. BASF SE
10.2.2. Celanese Corporation
10.2.3. DSM
10.2.4. SABIC
10.2.5. Avient
10.2.6. Dow
10.2.7. Ensinger
10.2.8. KANEKA CORPORATION
10.2.9. Toray Industries, Inc
10.2.10. DuPont
10.2.11. Solvay S.A.
10.2.12. Evonik Industries
10.2.13. Chevron Corporation
11. 360 Degree Analyst View
12. Appendix
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us
