Ionic Liquids Market Trends

Ionic Liquids Market Trends

Rising R&D activities aimed at using ionic liquids in next-generation batteries, such as lithium sulfur and solid-state batteries, has increased due to the ability of ultra-strong electric fields to power batteries. For instance, in April 2024, Arkema acquired a majority stake in Proionic, solidifying its position in materials for various battery technologies. The use of ionic liquids as solvents in carbon capture and sequestration (CCS) processes is also gaining momentum, with an urgent need to reduce greenhouse gas emissions. Growing integration into advanced extraction methods to recycle rare earth elements and essential metals from electronic waste will reflect the push for manufacturing sustainable employment, adding to the industry growth.