Ionic Liquids Market is set to grow at a healthy CAGR up to 2022, APAC to show steady growth

Ionic Liquids Market in APAC zone is predicted to grow rapidly during the forecasted period. The ionic liquids market in China contributed maximum market share in 2014. Change in focus towards acceptance of green solvents due to ecological concerns from organic equivalents is predicted to stimulate the demand of ionic liquids in China. It has many large scale industries and is the key production hub of APAC zone. All this has contributed to grow of ionic liquids industry in APAC zone. U.S. Ionic liquids market dominated the global landscape in 2014, with a revenue collection of over USD 200 million. It almost covered 35.9% of the total volume in the aforementioned year. Positive response toward usage of green solvents for numerous end use industries including pharmaceutical, chemical, oil and gas, food processing etc. is driving the expansion of regional ionic liquids market. Get sample copy of this research report @https://www.gminsights.com/request-sample/detail/121 Based on the application, the global ionic liquids market is divided into plastics, solvents & catalysts, food, bio refineries, process & operating fluids and batteries & electronics.Solvents & catalysts section led the global ionic liquids industry in 2014 as they could act both as solvent as well as co catalyst. These solvents & catalysts can react chemically with precursor of catalyst and form active catalyst complex. Ionic liquids market is generating a heavy momentum in the chemical industry space, owing to the growing concerns over VOCs and other toxicity emissions from organic solvents. Driven by the regulatory pressure and the growing awareness regarding environmental issues, green solvents are being extensively used for wide range applications which include paints and coatings, adhesives, pharmaceuticals, printing inks, and even in cosmetics. Better environmental portfolio characterized by low viscosity, superior thermal stability, non-combustibility, and negligible vapor pressure gives ionic liquids industry a competitive advantage over organic solvents. Some of the liquids such as imidazolium, pyrrolidinium, ammonium, piperidinium experience high market demand owing to their tremendous production flexibility. Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/121 Toxicity issues of some of the traditional liquids such as tetraalkylammonium, N-alkylpyridinium over their release in water and soil is a persistent concern, which may act as a restraint in the industry growth. However, continuous technological interventions to upgrade the product quality is likely to add growth opportunities to the ionic liquids market. Prominent ionic liquids industry participants include Solvionic, Coorstek, BASF, TCI, and IOLITECH GmbH. Major Point From Table Of Content: Chapter 4 Ionic Liquids Application Insights 4.1 Global ionic liquids market volume share by application, 2014 & 2022 4.2 Catalysis/synthesis 4.2.1 Market estimates and forecast, 2012-2022 4.2.2 Market estimates and forecast by region, 2012-2022 4.3 Food 4.3.1 Market estimates and forecast, 2012-2022 4.3.2 Market estimates and forecast by region, 2012-2022 4.4 Paper & pulp 4.4.1 Market estimates and forecast, 2012-2022 4.4.2 Market estimates and forecast by region, 2012-2022 4.5 Electronics 4.5.1 Market estimates and forecast, 2012-2022 4.5.2 Market estimates and forecast by region, 2012-2022 4.6 Biotechnology 4.6.1 Market estimates and forecast, 2012-2022 4.6.2 Market estimates and forecast by region, 2012-2022 4.7 Automotive 4.7.1 Market estimates and forecast, 2012-2022 4.7.2 Market estimates and forecast by region, 2012-2022 4.8 Pharmaceuticals 4.8.1 Market estimates and forecast, 2012-2022 4.8.2 Market estimates and forecast by region, 2012-2022 4.9 Others 4.9.1 Market estimates and forecast, 2012-2022 4.9.2 Market estimates and forecast by region, 2012-2022 Browse complete Table of Contents (ToC) of this research report @https://www.gminsights.com/toc/detail/ionic-liquids-market-report