29.12.2016 Views

Global Ion Exchange Membrane Market: Rising Demand for Clean Water to Encourage Increased Demand, says TMR

Ion exchange membrane market was valued at US$868.8 mn in 2015 and is likely to reach US$1,178.2 mn in 2024, expanding at a CAGR of 3.5% over the period between 2016 and 2024

Ion exchange membrane market was valued at US$868.8 mn in 2015 and is likely to reach US$1,178.2 mn in 2024, expanding at a CAGR of 3.5% over the period between 2016 and 2024

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<strong>Ion</strong> <strong>Exchange</strong> <strong>Membrane</strong> <strong>Market</strong><br />

membranes in the water and wastewater industries is expected <strong>to</strong> have a significant and lasting<br />

positive influence on the overall development of the global ion exchange market over the next<br />

few years.<br />

<strong>Rising</strong> awareness regarding the importance of clean and pure water among masses, encouraging<br />

government ef<strong>for</strong>ts <strong>to</strong> ensure proper supply of the same, and stringent regulations regarding the<br />

treatment of industrial wastewater will boost the usage of ion exchange membranes in<br />

developing markets such as Asia Pacific and Middle East and Africa. The increased use of<br />

industrial gases across industries such as petrochemical, oil and gas, mining, power, and<br />

chemical is also expected <strong>to</strong> significantly drive the global demand <strong>for</strong> ion exchange membrane in<br />

the next few years.<br />

Concerns Regarding Contamination Caused by <strong>Ion</strong> <strong>Exchange</strong> <strong>Membrane</strong>s <strong>to</strong> Restrain<br />

<strong>Market</strong> Growth<br />

Studies have demonstrated that ion exchange membranes can themselves be a source of nonionized<br />

organic contamination. Organics remaining after manufacture get carried on with new<br />

commercial grade ion exchange membranes, while organic fragments are shed by very old<br />

membranes as the polymer structure opens up due <strong>to</strong> decrosslinkage of the material. Such<br />

contamination may make ion exchange membranes unsuitable <strong>for</strong> many uses.<br />

Browse <strong>Market</strong> Research Report with ToC & Analysis :<br />

http://www.transparencymarketresearch.com/ion-exchange-membrane-market.html<br />

It is also often noticed that membrane beds do not filter-out bacteria or other micro-organisms. In<br />

fact, resin beds often act as a nutrient source as traces of organic matter accumulate after<br />

excessive use and indirectly help in the continued growth of microbes. Such concerns regarding<br />

the undesired side-effects of ion exchange membranes could hamper the growth prospects of the<br />

global ion exchange membrane market in the next few years.<br />

This review of the market is based on a recent market research report published by Transparency<br />

<strong>Market</strong> Research titled “<strong>Ion</strong> <strong>Exchange</strong> <strong>Membrane</strong> <strong>Market</strong> - <strong>Global</strong> Industry Analysis, Size,<br />

Share, Growth, Trends, and Forecast 2016 - 2024.”<br />

For the study, the global ion exchange membrane market has been segmented in<strong>to</strong>:<br />

Transparency <strong>Market</strong> Research<br />

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