APAC Market Statistics
Based on the region-wise analysis, the ionic liquid market is segmented into five significant zones including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Asia Pacific industry is anticipated to hold largest revenue share by 2036, owing to high consumption of ionic liquids in the electronic goods industry, and rising demand for ionic liquids. Various researches predict that China alone accounted for more than 28% of global manufacturing output in 2018.In addition, Asia Pacific is also one of the largest chemicals producing region in the world.
North America Market Analysis
On the other hand, the market in North America is also anticipated to hold a significant market share owing to the presence of leading industrial manufacturers in this region. Along with this, the presence of prominent mining companies, which are an extensive user of ionic liquids, is also evaluated to offer growth opportunities to the market in this region.
Author Credits: Rajrani Baghel
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