The market for Ionic Liquids is gaining momentum in recent years mainly due to its capability for sustainable replacement of traditional organic solvents in many industrial applications. In certain industries, ionic liquids can also be considered as green chemistry as they reduce or eliminate the use and generation of hazardous substances in many of the process industries. Though most of the ionic liquid-based technologies are in the nascent stage of development, the potential market for ionic liquids is enormously large.
This research service titled, “Technology Advancements in Ionic Liquids (TechVision)” , focuses on the recent innovations and opportunities in the ionic liquids markets worldwide. This research service summarizes the existing and emerging technology and application areas related to ionic liquids. This includes use of ionic liquid as electrolytes for next-generation batteries, supercapacitors and other electrochemical devices, medium for separation processes, metal finishing, plasticizers, and so on. The study also includes prioritization of key future opportunities for ionic liquid based technologies using a pre-defined, weightage based criteria.
The focus areas of the research include opportunity analysis of several ionic liquid based emerging technologies and an assessment of their market impact. This research service also offers a roadmap highlighting the adoption of ionic liquid technologies across various industrial sectors.
Table of Contents
1.0 Executive Summary1.1 Research Scope1.2 Research Process and Methodology1.3.1 Key Findings: Highly Interdependent Industry of Ionic Liquids is Set to Revolutionize Industrial Solvents 1.3.2 Key Findings: Application-oriented Designing and Formulation is the Future of Ionic Liquids2.0 Introduction to Ionic Liquids2.1 Why Are Ionic Liquids Important?2.2 Ionic Liquids: Key Characteristics That Makes Them Unique2.3 Ionic Liquids Experience High Industrial Adoption3.0 Technology Overview3.1 Technology Capability: Scope for Improvements That Holds Potential in a Wide Range of Application Sectors3.2 Emerging Technology Trends – Companies from NA and EU Show Strong Application-specific Research Focus 3.3 Ionic Liquids Hold Numerous Benefits over Other Solvents4.0 Market Snapshot4.1 Emerging Application Sectors: The Market for Ionic Liquids is Expected to Surge in the Short Term4.1.1 Emerging Application Sectors: Ionic Liquids as Solvents Show High Market Potential in Various End Use Applications4.1.2 Emerging Application Sectors: Market Share for Ionic Liquids Will See New Market Acceptance by 2020 5.0 Factors Impacting Technology Adoption5.1 Drivers and Challenges: Both Risk and Driving Factors Are Expected to Impact Adoption of Ionic Liquids in Industrial Sectors5.1.1 Drivers: End Use Market Expansion, Green Characteristics, and the Ability to Be Tailored to Specific Applications Drive Growth of Ionic Liquids Market5.1.2 Challenges: High Cost, Difficulty in Handling, Lack of Standardization Are Some of the Risk Factors for Ionic Liquids 6.0 Application Sectors and Key Stakeholders 6.1 Key Application Sectors: The Commercial Verticals That Will Benefit From Ionic Liquids 6.1.1 Key Application Sectors – Ionic Liquids Make Themselves Attractive for Industrial Solvents, Electrochemical Cells and Devices6.1.2 Key Application Sectors – Separation Processes, Chemical Reaction Reagents Are Two Other Significant Areas6.1.3 Key Application Sectors – Unique Thermal and Chemical Properties Qualify Ionic Liquids as Engineering Fluids, Thermal Fluids and Phase Changing Materials6.1.4 Key Application Sectors – Pharmaceutical and Medical, Analytics, and Biotechnology Are Some Emerging Fields 6.1.5 Key Application Sectors – Energetic Materials, Metal Finishing, Food Processing Are Likely to Obtain Rapid Research Focus6.2 Key Suppliers That Are Actively Involved in Commercializing Ionic Liquid Technologies across Various Application Sectors 7.0 Value Chain Analysis (Supply Side)7.1 Industry Value Chain: Stakeholders Drive Implementation of Ionic Liquid Technologies7.1.1 Industry Value Chain Explained: Focused R&D for Application Specific Ionic Liquid Designing is Key 7.1.2 Industry Value Chain Explained: Regulatory Approvals, Commercialization and Product Development/Integration 8.0 Technology Capability of Key Stakeholders 8.1 Technology Capability of Key Stakeholders: BASF Leads the Market as Top Ionic Liquid Producer at Commercial Scale8.2 Technology Capability of Key Stakeholders – IoLiTec is One of the Leading Manufacturers of Ionic Liquids in Europe8.3 Technology Capability of Key Stakeholders – Boulder Ionics Produces Ultra-high-purity Ionic Liquids at Reduced Prices8.4 Technology Capability of Key Stakeholders – Cytec and Merck Offer Comprehensive, and Commercially Available Portfolio of Ionic Liquids8.5 Activities of Other Significant Stakeholders – Imperial Innovations, Covalent Associates, Evonik and QUILL Show Significant Commercial Interest in Ionic Liquids 8.6 Activities of Other Significant Stakeholders – Proionic is Gearing up for Large-scale Ionic Liquid Production8.7 Activities of Other Significant Stakeholders – Solvionic, MIT, EPFL Are All Focused on Innovation Ionic Liquid Based Technologies8.8 Funding Boosts Technology Development and Scale-up8.9 Partnerships/Joint Ventures/M&A Inspire Application Expansion8.10 Recent Academic Projects: Imidazolium and Pyridium-based Ionic Liquids Have a Widespread Research Focus9.0 Demand Side Analysis – End-user Perspective 9.1 Application Sectors and Key End Users: Key Companies Are Set to Earn Market Share by Offerings/Products 9.1.1 Application Sectors and Key End Users – Spotlight Falls on Demand-side Ecosystem9.1.2 Application Sectors and Key End Users – Commercial Verticals Generate Huge Opportunities with Ongoing Efforts to Upgrade Facilities9.2 Metal Finishing – Ionic Liquids Allow Aluminum Electro-deposition and Electropolishing to Overcome the Technical Limits9.2.1 Metal Finishing – Ionic Liquid Offers Eco-friendly Alternative to Conventional Hard Chrome Electroplating9.2.2 Metal Finishing – A Combination of Parameters Decides Key End Users Needs 9.3 Biotechnology – Ionic Liquids Help Improved Dissolution and Processing of Cellulose, Starch and Other Biopolymers9.3.1 Key End Users Needs – Cost-effective and User-friendly Pretreatment Processes Are the Keys to Success in Biotechnology9.4 Electrochemical Cells and Devices – Ionic Liquids Offer Safer Electrolyte for Lithium Ion (Li-ion) Batteries 9.4.1 Electrochemical Cells and Devices – Supercapacitors, and Dye Sensitized Solar Cells Can Be Benefited by Ionic Liquids9.4.2 Key End Users Needs – Thermodynamic and Kinetic Stabilities in Electrochemical Cells and Devices Drives Opportunity9.5 Industrial Explosives: Ionic Liquids Hold the Potential to Eliminate Post-blast Hazards9.5.1 Key End Users Needs – Tailor-made Explosives for Specific Applications Show Opportunities for Novel Formulations9.6 Separation Processes – Membrane Gas Separation and Liquid9.6.1 Key End Users Needs – Reduced Cost and Size Are the Key Separation Goal9.7 Industrial Solvent – Ionic Liquids Show High Potential as Polymer Additives9.7.1 Key End Users Needs – Cost-effectiveness and Sustainability Are Two Most Demanded Factors for Industrial Solvents9.8 Functionality, Economics, Niche Market, and Legislation are Other Factors That Affect Adoption 10.0 Intellectual Property (IP) Analysis10.1 IP Analysis – Over Ten Thousands Patents Found in Last Two Years for Top 20 Stakeholders10.2 IP Analysis – China Holds Highest Number of Patents Per Source Jurisdiction (Top 20 Patent Offices) in Last Ten Years10.3 IP Analysis – Over Thirteen Thousands Patents Published across Different Application Areas in 2015 11.0 Assessment and Prioritization of Emerging Opportunities 11.1 Analytic Hierarchy Process (AHP) Tree: A Multi Criteria Decision Making Tool Decides Most Lucrative Application for Ionic Liquids11.1.1 AHP Tree: What Are Level 0 and Level 1 Criteria? 11.1.2 AHP Evaluation of Priority Values (Level 0): Technology Capability Plays the Most Vital Role in Evaluating Ionic Liquids Opportunity11.1.3 AHP Evaluation of Priority Values (Level 1): Industry Efforts Plays Critical Role in Ionic Liquid Technology Success11.1.4 AHP Evaluation of Priority Values: Industrial Solvents Followed by Separation Processes Are Highly Influenced by Industry Efforts11.1.5 AHP Final Priority Ranking: Industrial Solvents Will Create Dominance of the Top Application Sectors11.1.6 AHP Evaluation of Priority Values – Separation Processes Are the Second Most Preferred Application Area Followed by Electrochemical Cells and Devices 12.0 Technology Roadmap12.1 Work Will Continue on the Development of New Application Oriented Technologies 12.2 Analyst Insights: Technology and Product Road Maps Are Directly Linked to Market Demand and Competitive Strategies 13.0 Key Patents 13.1 Key Patents – United States and Australia 13.2 Key Patents – World Patent Office and USA14.0 Key Contacts14.1 Key Contacts Legal Disclaimer15.0 The Frost & Sullivan Story15.1 The Frost & Sullivan Story15.2 Value Proposition: Future of Your Company & Career15.3 Global Perspective15.4 Industry Convergence15.5 360º Research Perspective15.6 Implementation Excellence15.7 Our Blue Ocean Strategy