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

  • ID: 4775839
  • Report
  • June 2019
  • Region: Global
  • 116 Pages
  • BCC Research
1 of 5

FEATURED COMPANIES

  • Acros Organics
  • Covalent Associates Inc.
  • Honeywell Uop
  • Jinkai Chemical Co. Ltd.
  • Merck Kgaa
  • Sigma Aldrich
  • MORE

Report Scope:

This report reviews both global and regional ionic liquids markets for different end-use industries. The report analyzes the current market status and trends and provides growth forecasts for the five-year period of 2019 to 2024. The analysis also discusses R&D issues, including global regulatory scenarios and other commercialization hurdles. Additionally, this comprehensive report examines technology developers/manufacturers of biodegradable stents, their products and technologies and geographical product presence where data are available.

This report analyzes the global ionic liquids market based on the following application industries:

  • Solvents and catalysts
  • Electrochemical devices
  • Separation processes
  • Biotechnologies
  • Metal finishing's
  • Others

Further, the global ionic liquids market has been studied based on the following major markets:

  • North America:
    • The U.S.
    • Canada.
  • Europe:
    • Germany.
    • France.
    • The U.K.
    • Others.
  • Asia-Pacific:
    • China.
    • India.
    • Korea.
    • Japan.
    • Others.
  • Rest of the World (ROW)

As the global IL industry is highly R&D intensive, the sales of ionic liquids for all kinds of advanced R&D purposes have been considered during total revenue calculations.

The report offers a detailed patent analysis with information on the strategic initiatives of market players within the past five years.

Specifically excluded from the study are detailed reviews on ionic liquid process equipment and suppliers of process equipment.

Estimated values used are based on manufacturers' total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.

The Report Includes:

  • 40 tables
  • An overview of the global markets and applications of ionic liquids
  • Analyses of global market trends, with data from 2018, estimates for 2019 and projections of compound annual growth rates (CAGRs) through 2024
  • A look into milestones in the history of ionic liquids and discussion of current events within the industry
  • Explanation of characteristics of ionic liquids such as low vapor pressure, stability, and environment friendliness
  • Description of commercial ionic liquids production technologies
  • Information on ionic liquids as a sustainable replacement of traditional organic solvents used in many industrial applications
  • Coverage of supply and sourcing issues, latest development, commercialization hurdles, market trend, and demand side analysis
  • Comprehensive company profiles of the suppliers of different types of ionic liquids, including Air Products and Chemicals Inc., BASF SE, Evonik Industries AG, Honeywell UOP and Merck KGaA
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Acros Organics
  • Covalent Associates Inc.
  • Honeywell Uop
  • Jinkai Chemical Co. Ltd.
  • Merck Kgaa
  • Sigma Aldrich
  • MORE

Chapter 1 Introduction

  • Study Goals and Objectives
  • Reasons for Doing This Study
  • Scope of Report
  • Methodology and Information Sources
  • Geographic Breakdown
  • Analyst's Credentials
  • Custom Research
  • Related Reports

Chapter 2 Summary and Highlights

  • Chapter 3 Market and Technology Background
  • Overview
  • Types of Ionic Liquids
  • Imidazolium Ionic Liquids
  • Pyridinium Ionic Liquids
  • Ammonium Ionic Liquids
  • Phosphonium Ionic Liquids
  • Pyrrolidinium Ionic Liquids
  • Piperidinium Ionic Liquids
  • Generations of Ionic Liquids
  • Physical and Chemical Properties
  • Electrical Conductivity
  • Electrochemical Stability
  • Physical and Thermal Stability
  • Color
  • Hygroscopicity
  • Solvency
  • Toxicity
  • Ionic Liquid Synthesis Methods
  • Metathesis
  • Acid Base Neutralization
  • Industry Structure
  • Cost of Ionic Liquids
  • Value Chain Analysis
  • Corporate R&D and Academic Research
  • Technology Development (Both Process and Enabling Technologies)
  • Regulatory Approvals, Standardization and Certifications
  • Commercialization and End Product Development
  • Challenges
  • High Cost of Ionic Liquids
  • Threat of Substitution from Alternatives
  • Regulatory Compliance
  • Pace of Change
  • Lack of Knowledge
  • Lack of Material Standardization
  • Drivers
  • Favorable Government Policies Toward Green, Ecofriendly and Sustainable Processes
  • Application Versatility
  • Rising Funding and Government Incentives
  • Versatility in Compounding/Designing
  • Technology and Market Trends
  • Ionic Liquid-Based Technology Commercialization
  • BASF
  • Evonik
  • Eastman Chemical Co.
  • Sigma Aldrich
  • Queens University Ionic Liquids Laboratory (QUILL) and Petronas
  • Chevron
  • Air Products
  • Linde Gas
  • IoLiTec
  • Proionic GmbH
  • Central Glass Co. Ltd.
  • NoHMs Technologies
  • Eli Lilly
  • IFP

Chapter 4 Market Breakdown by Application

  • Electrochemical Devices
  • Electrolytes for Lithium-Ion Batteries (LiB)
  • Supercapacitors
  • Dye-Sensitized Solar Cells
  • Biotechnology
  • Demand Side Analysis for Biomass Pretreatment Processes
  • Industrial Solvents and Catalysts
  • Commercialization Initiatives
  • Plasticizer/Polymer Additive
  • Ionic Liquids as Lubricants
  • Separation Processes
  • Membrane Gas Separation
  • Liquid-Liquid Extraction
  • Extractive Distillation
  • Metal Finishing
  • Aluminium Electro-Deposition
  • Electropolishing
  • Chrome Electro-Plating
  • Others

Chapter 5 Market Breakdown by Region

  • Overview
  • Market Opportunity by Major Regions
  • Europe
  • Asia-Pacific
  • North America
  • Rest of the World (ROW)

Chapter 6 Patent Review/ New Developments

  • Patent Review
  • Patent Review by Year
  • Patent Review by Country
  • Patent Review by Application

Chapter 7 Analysis of Market Opportunities

  • Porter's Five Forces Analysis
  • Bargaining Power of Suppliers
  • Bargaining Power of Customers
  • Threat of New Entrants
  • Threat of Substitutes
  • Competitive Rivalry Between Existing Players

Chapter 8 Company Profiles

  • Acros Organics
  • Air Products And Chemicals Inc.
  • Basf Se
  • Central Glass Co.
  • Chrysalix Technologies/Impareral Innovation
  • Covalent Associates Inc.
  • Evonik Industries Ag
  • Henan Tianfu Chemical Co. Ltd.
  • Honeywell Uop
  • Ilco Chemicals Gmbh
  • Institut Français Du Pétrole (Ifp)
  • Ionic Liquids Technologies Gmbh & Co. Kg (Iolitec)
  • Jinkai Chemical Co. Ltd.
  • Koei Chemical Co. Ltd.
  • Kumidas Sa
  • Linde Gas Gmbh
  • Merck Kgaa
  • Nohms Technologies
  • Petroliam Nasional Bhd (Petronas)
  • Proionic Gmbh
  • Queen’S University Ionic Liquid Laboratories (Quill)
  • Reinste Nano Ventures Pvt. Ltd.
  • Scionix Ltd.
  • Solvay Sa
  • Solvionic Sa
  • Strem Chemicals Inc.
  • Synthio Chemicals Llc
  • Tatva Chintan Pharma Chem Pvt. Ltd.
  • Tokyo Chemical Industry Co. Ltd. (Tci)

Chapter 9 Appendix: Acronyms and Chemical Names

List of Tables
Summary Table: Global Market for Ionic Liquids, by Application, Through 2024
Table 1: Global Market Volume for Ionic Liquids, by Application, Through 2024
Table 2: Imidazolium-Based Ionic Liquids and Their Potential Applications
Table 3: Pyridinium-Based Ionic Liquids and Their Potential Applications
Table 4: Ammonium-Based Ionic Liquids and Their Potential Applications
Table 5: Phosphonium-Based Ionic Liquids and Their Potential Applications
Table 6: Pyrrolidinium-Based Ionic Liquids and Their Potential Applications
Table 7: Piperidinium-Based Ionic Liquids and Their Potential Applications
Table 8: Global Market for Ionic Liquids, by Application, Through 2024
Table 9: Global Market for Ionic Liquids in Electrochemical Device Applications, Through 2024
Table 10: Global Market for Ionic Liquids in Electrochemical Device Applications, by Application, Through 2024
Table 11: Global LiB Production Capacity, by Country/Region, Through 2024
Table 12: Global Ethanol Production, Through 2023
Table 13: Global Market for Ionic Liquids in Biotechnology Applications, Through 2024
Table 14: Global Market for Ionic Liquids in Industrial Solvent and Catalyst Applications, Through 2024
Table 15: Global Market for Ionic Liquids in Separation Process Applications, Through 2024
Table 16: Global Market for Ionic Liquids in Metal Finishing Applications, Through 2024
Table 17: Global Market for Ionic Liquids in Other Applications, Through 2024
Table 18: Global Market for Ionic Liquids, by Region, Through 2024
Table 19: Global Market Volume for Ionic Liquids, by Region, Through 2024
Table 20: European Market for Ionic Liquids, Through 2024
Table 21: European Market for Ionic Liquids, by Country, Through 2024
Table 22: Asia-Pacific Market for Ionic Liquids, Through 2024
Table 23: Asia-Pacific Market for Ionic Liquids, by Country, Through 2024
Table 24: North American Market for Ionic Liquids, Through 2024
Table 25: North American Market for Ionic Liquids, by Country, Through 2024
Table 26: ROW Market for Ionic Liquids, Through 2024
Table 27: Patents and Patent Applications on Ionic Liquid Technologies, 2016-2018
Table 28: Air Products and Chemicals Inc.: Company Financials, Through 2018
Table 29: BASF SE: Company Financials, Through 2018
Table 30: Central Glass Co.: Company Financials, Through 2018
Table 31: Evonik Industries AG: Company Financials, Through 2018
Table 32: Honeywell UOP: Company Financials, Through 2018
Table 33: Koei Chemical Co. Ltd.: Company Financials, Through 2018
Table 34: Linde Gas GmbH: Company Financials, Through 2018
Table 35: Merck KGaA: Company Financials, Through 2018
Table 36: Petronas: Company Financials, Through 2018
Table 37: Solvay SA: Company Financials, Through 2018
Table 38: Acronyms Used in This Report
Table 39: Chemical Names Used in This Report

List of Figures
Summary Figure: Global Market for Ionic Liquids, by Application, 2018-2024
Figure 1: Global Market Volume Share for Ionic Liquids, by Application, 2019
Figure 2: Global Market Volume Share for Ionic Liquids, by Application, 2024
Figure 3: Global Market Share for Ionic Liquids in Electrochemical Device Applications, by Application, 2019
Figure 4: Global Market Share of Ionic Liquids in Electrochemical Device Applications, by Application, 2024
Figure 5: Global LiB Electrolyte Demand, 2016-2024
Figure 6: Global Production Share for LiB Electrolytes, by Region, 2018
Figure 7: Global Share for Ethanol Production, by Region, 2018
Figure 8: Global Share for Ethanol Production, by Region, 2023
Figure 9: Global Market Share for Ionic Liquids in Lubricating Additive Applications, 2024
Figure 10: Global Market Share for Ionic Liquids, by Region, 2019
Figure 11: Global Market Share for Ionic Liquids, by Region, 2024
Figure 12: Global Market Volume Share for Ionic Liquids, by Region, 2019
Figure 13: Global Market Volume Share for Ionic Liquids, by Region, 2024
Figure 14: European Market Share for Ionic Liquids, by Application, 2019
Figure 15: European Market Share for Ionic Liquids, by Application, 2024
Figure 16: Global Market for Ionic Liquids, by Region, 2018-2024
Figure 17: Asia-Pacific Market Share for Ionic Liquids, by Application, 2019
Figure 18: Asia-Pacific Market Share for Ionic Liquids, by Application, 2024
Figure 19: North American Market Share for Ionic Liquids, by Application, 2019
Figure 20: North American Market Share for Ionic Liquids, by Application, 2024
Figure 21: ROW Market Share for Ionic Liquids, by Application, 2019
Figure 22: ROW Market Share for Ionic Liquids, by Application, 2024
Figure 23: Global Patents on Ionic Liquid Technologies, 2014-2018
Figure 24: Global Market Share for Patents on Ionic Liquid Technologies, by Country/Organization, 2014-2018
Figure 25: Global Patents on Ionic Liquid Technologies Published by Top Patent Offices, 2014-2018
Figure 26: Global Market Share for Patents on Ionic Liquid Technologies, by Application, 2014-2018
Figure 27: Porter’s Five Forces

Note: Product cover images may vary from those shown
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4 of 5

FEATURED COMPANIES

  • Acros Organics
  • Covalent Associates Inc.
  • Honeywell Uop
  • Jinkai Chemical Co. Ltd.
  • Merck Kgaa
  • Sigma Aldrich
  • MORE

Ionic liquids are a small specialty chemical market that has recently started to receive attention from investors and end users. The industry is expanding slowly but steadily as suppliers struggle to keep pace with 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 number of players entering the market. As with other emerging technologies, cost benefits may not be immediately obvious due to the low volume of production. The publisher expects large-scale ionic liquid supply by 2022, along with at least a 70% decline in price. This will be associated with accoladed technology adoption and faster commercialization.

Security of supply and cost are the two major 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 in many of its end use application market, 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 an only limited number of 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 partnership with conventional ionic liquid manufacturers. With the recent success commercialization and market adoption stories, ionic liquid technologies are certain to broaden in the coming years.

Supportive government regulations in many regions are anticipated to have a positive impact on the global ionic liquids 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 liquids demand for the next five years.

The solvents and catalysts application market will remain the major end-use market for ionic liquids by both value and volume during the forecast period, followed by separation processes, biotechnology, and electrochemical devices. Overall, certain segments in the separation process market are expected to witness the fastest growth rate in the industry.

Advances in renewable energy harvesting have led to a pressing demand for the complementary energy storage technology that boosts opportunities for advanced electrolyte technologies, including ionic liquid-based electrolytes. These electrolytes hold tremendous opportunity in lithium-ion batteries (LiBs) for which the industry will still use organic solvents for quite a while until there are no real alternatives.

Note: Product cover images may vary from those shown
5 of 5
  • Acros Organics
  • Air Products And Chemicals Inc.
  • BASF SE
  • Central Glass Co. Ltd.
  • Chevron
  • Chrysalix Technologies/Impareral Innovation
  • Covalent Associates Inc.
  • Eastman Chemical Co.
  • Eli Lilly
  • Evonik Industries Ag
  • Henan Tianfu Chemical Co. Ltd.
  • Honeywell Uop
  • IFP
  • Ilco Chemicals Gmbh
  • Institut Français Du Pétrole (Ifp)
  • IoLiTec
  • Ionic Liquids Technologies Gmbh & Co. Kg (Iolitec)
  • Jinkai Chemical Co. Ltd.
  • Koei Chemical Co. Ltd.
  • Kumidas Sa
  • Linde Gas
  • Merck Kgaa
  • NoHMs Technologies
  • Petroliam Nasional Bhd (Petronas)
  • Proionic GmbH
  • Queens University Ionic Liquids Laboratory (QUILL) and Petronas
  • Reinste Nano Ventures Pvt. Ltd.
  • Scionix Ltd.
  • Sigma Aldrich
  • Solvay Sa
  • Solvionic Sa
  • Strem Chemicals Inc.
  • Synthio Chemicals Llc
  • Tatva Chintan Pharma Chem Pvt. Ltd.
  • Tokyo Chemical Industry Co. Ltd. (TCI)
Note: Product cover images may vary from those shown
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