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Ionic Liquids Market Size
- Report ID: GMI121
- Published Date: Jun 2021
- Report Format: PDF
Ionic Liquids Market Size
Global Ionic Liquids Market size surpassed USD 1.40 billion in 2020 and is likely to grow at a CAGR of 18.4% by 2027. Ionic liquids are compounds or salts composed of ions which stay in a liquid state below 100°C or even at room temperature. The product is witnessing growing adoption in various products such as the recycling of rare earth metals, clean solvents, and safer batteries.
Ionic liquids are witnessing increasingly novel applications such as polymer additives, coolants and lubricants. They are used as electrolytes in metal plating baths, supercapacitors, and lithium-ion batteries. Apart from their conventional usage as solvents in biomass refining & chemical processes, and as catalysts & auxiliaries in chemical synthesis, ionic liquids are also used in analytical equipment.
| Report Attribute | Details |
|---|---|
| Base Year: | 2020 |
| Ionic Liquids Market Size in 2020: | USD 1.44 Billion |
| Forecast Period: | 2021 to 2027 |
| Forecast Period 2021 to 2027 CAGR: | 18.4% |
| 2027 Value Projection: | USD 4.69 Billion |
| Historical Data for: | 2016 to 2020 |
| No. of Pages: | 170 |
| Tables, Charts & Figures: | 69 |
| Segments covered: | Application |
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Ionic Liquids Market Scope
