Global Ionic Liquids Market to Reach $63.5 Million by 2030
The global market for Ionic Liquids estimated at US$38.4 Million in the year 2022, is projected to reach a revised size of US$63.5 Million by 2030, growing at a CAGR of 6.5% over the analysis period 2022-2030. Solvents & Catalysts, one of the segments analyzed in the report, is projected to record a 6.7% CAGR and reach US$20.3 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Batteries & Electrochemistry segment is readjusted to a revised 6.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $10.5 Million, While China is Forecast to Grow at 10.5% CAGR
The Ionic Liquids market in the U.S. is estimated at US$10.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$14.4 Million by the year 2030 trailing a CAGR of 10.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 6.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$8.7 Million by the year 2030.Select Competitors (Total 38 Featured) -
- BASF SE
- Evonik Industries AG
- Merck KgaA
- Proionic GmbH
- Reinste Nano Ventures Pvt., Ltd. (RNV)
- Solvay SA
- Solvionic SA
- Strem Chemicals, Inc.
- Tatva Chintan Pharma Chem Pvt. Ltd.
- The Chemours Company
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Ionic Liquids Market to Continue Experiencing Strong Growth Led by Expanding Applications
- Unique Characteristics of Ionic Liquids Contribute to Market Growth
- Competition
- Global Ionic Liquids Market: Percentage Breakdown of Sales by Leading Players for 2019E
- Ionic Liquids - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
3. MARKET TRENDS & DRIVERS
- Ionic Liquids Emerge as Potential Materials to Capture and Use Carbon Dioxide
- Corrosion Inhibitors in Industrial Metals and Alloys: Ionic Liquids Emerge as Green Options
- Ionic Liquids Grab Attention of Chemists for Use in Synthesis and Catalysis Applications
- Ionic Liquids Evolve as Designer Solvents for Synthesizing New Functional Materials
- Growing Interest in Ionic Liquids as Solvents
- Ionic Liquids Emerge as Promising Solvents for N-Heterocycles Synthesis
- Global Concerns over Plastic Waste: Could Ionic Liquids Present a Solution to Recycle Plastics
- Biomass Processing: The Ability of Ionic Liquids to Dissolve Cellulose to Favor Market
- Growing Interest in Renewable Energy Sources Turns Focus onto Biorefineries: A Favorable Factor for Ionic Liquids Market
- Biorefinery Technologies Market Worldwide: Revenues in $ Billion for the Years 2018, 2020, 2022 and 2024
- Widening Use of Ionic Liquids in Surface Electrochemistry
- Use of Ionic Liquids as Novel Electrolytes for Secondary, Rechargeable Batteries Gains Prominence
- Ionic Liquids Find Use in Lithium Batteries
- Using Ionic Liquids as Electrolytes in Sodium Ion Batteries
- Polymeric Ionic Liquids - Alternative Electrolyte/Binder Candidates for Li-based Rechargeable Batteries
- Need to Reduce Friction and Wear of Machine Tool Drives Use of Ionic Liquids as Additives to Cutting Fluids
- Potential Role of Ionic Liquids as Additives to Canola Oil for MQL Machining of Carbon Steel
- Ionic Liquid-Based Nanofluids: A Research Stage Material with Tremendous Growth Potential
- Exploring the Role of Ionic Liquids as Green Solvents in the Textile Industry
- PRODUCT OVERVIEW
- Ionic Liquid: An Introduction
- Ionic Liquids: A Journey through History
- Uses and Applications
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Ionic Liquids Market Analysis of Annual Sales in US$ for Years 2014 through 2030
- Table 2: World Recent Past, Current & Future Analysis for Ionic Liquids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 3: World Historic Review for Ionic Liquids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 4: World 16-Year Perspective for Ionic Liquids by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
- Table 5: World Recent Past, Current & Future Analysis for Solvents & Catalysts by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 6: World Historic Review for Solvents & Catalysts by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 7: World 16-Year Perspective for Solvents & Catalysts by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 8: World Recent Past, Current & Future Analysis for Batteries & Electrochemistry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 9: World Historic Review for Batteries & Electrochemistry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 10: World 16-Year Perspective for Batteries & Electrochemistry by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 11: World Recent Past, Current & Future Analysis for Bio-Refineries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 12: World Historic Review for Bio-Refineries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 13: World 16-Year Perspective for Bio-Refineries by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 14: World Recent Past, Current & Future Analysis for Process & Operating Fluids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 15: World Historic Review for Process & Operating Fluids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 16: World 16-Year Perspective for Process & Operating Fluids by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 17: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 18: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 19: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
UNITED STATES
- Ionic Liquids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 20: USA Recent Past, Current & Future Analysis for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 21: USA Historic Review for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 22: USA 16-Year Perspective for Ionic Liquids by Application - Percentage Breakdown of Value Sales for Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications for the Years 2014, 2023 & 2030
CANADA
- Table 23: Canada Recent Past, Current & Future Analysis for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 24: Canada Historic Review for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 25: Canada 16-Year Perspective for Ionic Liquids by Application - Percentage Breakdown of Value Sales for Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications for the Years 2014, 2023 & 2030
JAPAN
- Ionic Liquids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 26: Japan Recent Past, Current & Future Analysis for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 27: Japan Historic Review for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 28: Japan 16-Year Perspective for Ionic Liquids by Application - Percentage Breakdown of Value Sales for Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications for the Years 2014, 2023 & 2030
CHINA
- Ionic Liquids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 29: China Recent Past, Current & Future Analysis for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 30: China Historic Review for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 31: China 16-Year Perspective for Ionic Liquids by Application - Percentage Breakdown of Value Sales for Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications for the Years 2014, 2023 & 2030
EUROPE
- Ionic Liquids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 32: Europe Recent Past, Current & Future Analysis for Ionic Liquids by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 33: Europe Historic Review for Ionic Liquids by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 34: Europe 16-Year Perspective for Ionic Liquids by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
- Table 35: Europe Recent Past, Current & Future Analysis for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 36: Europe Historic Review for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 37: Europe 16-Year Perspective for Ionic Liquids by Application - Percentage Breakdown of Value Sales for Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications for the Years 2014, 2023 & 2030
FRANCE
- Ionic Liquids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 38: France Recent Past, Current & Future Analysis for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 39: France Historic Review for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 40: France 16-Year Perspective for Ionic Liquids by Application - Percentage Breakdown of Value Sales for Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications for the Years 2014, 2023 & 2030
GERMANY
- Ionic Liquids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 41: Germany Recent Past, Current & Future Analysis for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 42: Germany Historic Review for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 43: Germany 16-Year Perspective for Ionic Liquids by Application - Percentage Breakdown of Value Sales for Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications for the Years 2014, 2023 & 2030
ITALY
- Table 44: Italy Recent Past, Current & Future Analysis for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 45: Italy Historic Review for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 46: Italy 16-Year Perspective for Ionic Liquids by Application - Percentage Breakdown of Value Sales for Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications for the Years 2014, 2023 & 2030
UNITED KINGDOM
- Ionic Liquids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 47: UK Recent Past, Current & Future Analysis for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 48: UK Historic Review for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 49: UK 16-Year Perspective for Ionic Liquids by Application - Percentage Breakdown of Value Sales for Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications for the Years 2014, 2023 & 2030
SPAIN
- Table 50: Spain Recent Past, Current & Future Analysis for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 51: Spain Historic Review for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 52: Spain 16-Year Perspective for Ionic Liquids by Application - Percentage Breakdown of Value Sales for Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications for the Years 2014, 2023 & 2030
RUSSIA
- Table 53: Russia Recent Past, Current & Future Analysis for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 54: Russia Historic Review for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 55: Russia 16-Year Perspective for Ionic Liquids by Application - Percentage Breakdown of Value Sales for Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications for the Years 2014, 2023 & 2030
REST OF EUROPE
- Table 56: Rest of Europe Recent Past, Current & Future Analysis for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 57: Rest of Europe Historic Review for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 58: Rest of Europe 16-Year Perspective for Ionic Liquids by Application - Percentage Breakdown of Value Sales for Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications for the Years 2014, 2023 & 2030
ASIA-PACIFIC
- Ionic Liquids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 59: Asia-Pacific Recent Past, Current & Future Analysis for Ionic Liquids by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 60: Asia-Pacific Historic Review for Ionic Liquids by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 61: Asia-Pacific 16-Year Perspective for Ionic Liquids by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
- Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 63: Asia-Pacific Historic Review for Ionic Liquids by Application - Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications Markets - Independent Analysis of Annual Sales in US$ for Years 2014 through 2021 and % CAGR
- Table 64: Asia-Pacific 16-Year Perspective for Ionic Liquids by Application - Percentage Breakdown of Value Sales for Solvents & Catalysts, Batteries & Electrochemistry, Bio-Refineries, Process & Operating Fluids and Other Applications for the Years 2014, 2023 & 2030
AUSTRALIA
- Ionic Liquids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
- Ionic Liquids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
LATIN AMERICA
- Ionic Liquids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
MIDDLE EAST
- Ionic Liquids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
AFRICA
- Ionic Liquids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF SE
- Evonik Industries AG
- Merck KgaA
- Proionic GmbH
- Reinste Nano Ventures Pvt., Ltd. (RNV)
- Solvay SA
- Solvionic SA
- Strem Chemicals, Inc.
- Tatva Chintan Pharma Chem Pvt. Ltd.
- The Chemours Company
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 192 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 38.4 Million |
Forecasted Market Value ( USD | $ 63.5 Million |
Compound Annual Growth Rate | 6.5% |
Regions Covered | Global |