Scope of the Study
An ion-exchange resin refers to a polymer that acts as a medium for ion exchange. It is widely used in the separation, decontamination, and purification processes. An ion-exchange resin market has high growth prospects owing to increasing demand from the power, chemical & petrochemical, pharmaceutical, food & beverage, metal & mining, and electrical & electronics industries. Further, increasing demand from the developing economies owing to infrastructural development expected to drive the demand for an ion-exchange resin over the forecasted period.
The market study is being classified by Type (Cationic Resins and Anionic Resins), by Application (Water Treatment, Food Industry, Pharmaceutical, Chemical & Petrochemical and Other) and major geographies with country level break-up. According to AMA, the Global Ion Exchange Resins market is expected to see growth rate of 4.18%
DowDuPont (United States), Purolite Corporation (United States), Mitsubishi Chemical Corporation (Japan), Lanxess AG (Germany), Ion Exchange (India) Ltd. (India), Thermax Ltd. (India), Ionic Systems Ltd. (United Kingdom), Novasep Holding (France) and SAMYANG CORPORATION (South Korea) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Samco Technologies, Inc. (United States) and Thermo Fisher Scientific (India).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Ion Exchange Resins market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Ion Exchange Resins market by Type, Application and Region.
On the basis of geography, the market of Ion Exchange Resins has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-use Industry, the sub-segment i.e. Power will boost the Ion Exchange Resins market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand from the Electrical & Electronics Industry
- Growing Industrialization in Emerging Economies
- Increasing Demand for Water & Wastewater Treatment, Petrochemical Industries
- Rising Applications in the Food Processing
- Volatility in Raw Material Prices
- Stringent Government Regulation Regarding Ion Exchange Resins
- Increasing Demand of Cationic Resins for Water & Wastewater Treatment
- Rising Demand from the Developing Economies Such As India, China, Japan, And Others
- Lack of Awareness in the Emerging Economies
“Ion-exchange resins may be safely used in the treatment of food under the following prescribed conditions. The ion-exchange resins are prepared in appropriate physical form, and consist of one or more of the following: Sulfonated copolymer of styrene and divinylbenzene. Moreover, ion-exchange resins are used in the purification of foods, including potable water, to remove undesirable ions or to replace less desirable ions with one or more of the following: bicarbonate, calcium, carbonate, chloride, hydrogen, hydroxyl, magnesium, potassium, sodium, and sulfate.”
Key Target AudienceIon Exchange Resins Manufacturers, Traders and Distributors of Ion Exchange Resins, Research and Development Institutes, Potential Investors, Raw Material Suppliers, Nationalized Laboratory and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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