Global Ion Exchange Resins Market: Overview
Well-known strategies influenced by matured players in the global ion exchange resins market include growth of present capacities, development of product through research, and improvement of geological routes, thus helping to boost the market by enhancing urbanization and industrialization. Swift urbanization is offering a vital need for treating huge quantities of sewage water since water with high quality is mandatory in order to fulfill the light to heavy industries’ needs for numerous industrial procedures. Industrial procedures including cooling, rinsing, heating, and so on need huge volumes of processed water.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Ion Exchange Resins Market: Growth Factors
The ion exchange resins market is mainly influenced by the growing demand mainly for the nuclear energy use for the purpose of electricity generation in developing economies. Other major factor propelling the growth if the global ion exchange resins market is the increasing urbanization and growing affluence all around the world. Altering prices of raw materials and growing reverse osmosis membrane competition particularly in the demineralization use are other key factors restraining the global ion exchange resins market. Additionally, increasing need for innovations in the global ion exchange resins market in order to be capable of serving applications in a better way. Constant optimization of portfolio is another vital factor so as to remain competitive in the global ion exchange resins market.
Global Ion Exchange Resins Market: Segmentation
The global ion exchange resins market is segmented on the basis of product and application. Based on the product, the global ion exchange resins market is classified into chelating resins, adsorbent resins, weak acid cation resins, mixed bed resins, strong acid cation resins, weak base anion resins, and strong base anion resins. On the basis of application, the global ion exchange resins market is diversified as liquid glucose, sugar refining, gold mining, uranium mining, TAME, MTBE catalysis, industrial water treatment, bisphenol A, ultrapure water, F&B, municipal water treatment, pharmaceuticals, and water softening.
Global Ion Exchange Resins Market: Regional Analysis
North America dominates the global ion exchange resins market by grabbing a significant share of the global market. It is expected to follow this trend in the near future and remain an attractive market globally. Furthermore, Asia Pacific is expected to be the other major market and is anticipated to open up ample opportunities in future for various players all around the world. The substantial growth in Asia Pacific is mainly owing to increasing demand for industrial water, and municipal water as well as waste water treatment. The Asia Pacific ion exchange resins market growth is majorly attributed to China and India, as these developing countries have ample number of suppliers of ion exchange resins.
Global Ion Exchange Resins Market: Competitive Players
Some of the major players in the global ion exchange resins market are Ionic Systems Ltd., Dow Chemical Company, ResinTech Inc., Purolite, Thermax Limited, Lanxess AG, and Ion Exchange (India) Limited. Other key companies dominating the global ion exchange resins market are Mitsubishi Chemical Corporation, Evoqua Water Technologies LLC, Novasep, Eichrom Technologies, LLC, and Finex Oy.
Global Ion Exchange Resins Market: Regional Segment Analysis
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