Ion Exchange Resins Market Forecast 2018: Increasing Competition from Reverse Osmosis Membrane in Demineralization Application the +3.8% CAGR Industry

“Ion Exchange Resins Market”
Ion Exchange Resins Market Report 2018 added by Data Bridge Market Research explores Global Ion Exchange Resins Market size, share and growth with forecast to 2024.

Ion exchange resins are polymers that are capable of exchanging particular ions within the polymer within the solution that is passed through them. Such resins are used for purifying water but also for various other applications including separation of elements. It has its wide application in power, chemical, water treatment, food & beverage, pharmaceutical, electrical & electronics, mining & metals. Growing urbanization & increasing affluence in the Asia-Pacific region may act as the major driver in the growth of ion exchange resins market. On the other side, increasing competition from reverse osmosis membrane in demineralization application may hinder the market.

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Global Analysis of Ion Exchange Resins Market:

Global Ion Exchange Resins Market accounted for USD 2.1 billion in 2016 and projected to grow at a CAGR of 3.8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Global Ion Exchange Resins Market by Type (Cationic Resins, Anionic Resins); Application (Power, Chemical, Water Treatment, Food & Beverage, Pharmaceutical, Electrical & Electronics, Mining & Metals); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) and Forecast to 2024.

Global Segmentation of Ion Exchange Resins Market:

The global ion exchange resins market is segmented on the basis of type into:

  • Cationic Resins
  • Anionic Resins
  • Others

On the basis of end-use industry, the global ion exchange resins market is segmented into:

  • Power
  • Chemical
  • Water Treatment
  • Food & Beverage
  • Pharmaceutical
  • Electrical & Electronics
  • Mining & Metals
  • Others.

On the basis of geography, the global Ion Exchange Resins market report covers data points for 28 countries across multiple geographies such as:

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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Competitive Analysis:

The global ion exchange resins market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Competitors:

  • LANXESS
  • Mitsubishi Chemical Corporation
  • Purolite
  • Thermax Global
  • ION EXCHANGE
  • ResinTech
  • Novasep
  • SAMYANG CORPORATION
  • Suqing Group
  • others.

Summary of Market Drivers and Restraints:

  • Growing urbanization & increasing affluence in the Asia-Pacific region
  • Increasing demand for nuclear electricity generation in emerging economies
  • Stringent environmental regulations
  • Volatility in raw material prices
  • Increasing competition from reverse osmosis membrane in demineralization application

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Frequently Asked Questions?

  • What will the market size be in 2024?
  • What are the key factors driving the global market?
  • What are the challenges to market growth?
  • Who are the key players in the market?
  • What are the market opportunities and threats faced by the key players?
  • What will be the growth rate in 2024?
  • Which strategies are used by top players in the Global Global Ion Exchange Resins Market?

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