Ion-exchange Resin Market Analysis, Opportunities and Trends Forecast to 2025
Global ion-exchange resin market gains significance in the recent years and is also expected to continue enhancing in the forecast period.
Global ion-exchange resin market gains significance in the recent years and is also expected to continue enhancing in the forecast period.
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<strong>Ion</strong>-<strong>exchange</strong> <strong>Resin</strong> <strong>Market</strong> <strong>Analysis</strong>, <strong>Opportunities</strong> <strong>and</strong><br />
<strong>Trends</strong> <strong>Forecast</strong> <strong>to</strong> <strong>2025</strong><br />
Global ion-<strong>exchange</strong> resin market gains significance in the recent years <strong>and</strong> is<br />
also expected <strong>to</strong> continue enhancing in the forecast period.<br />
Global <strong>Ion</strong>-Exchange <strong>Resin</strong> <strong>Market</strong> gains significance in the recent years <strong>and</strong> is also expected <strong>to</strong><br />
continue enhancing in the forecast period. Generally, ion <strong>exchange</strong> resins are polymers that offer<br />
ability <strong>to</strong> <strong>exchange</strong> particular ions surrounded by the polymer with ions in a solution passed through<br />
them. This nature is also observed in several natural systems such as living cells <strong>and</strong> soils. Therefore,<br />
the use of synthetic resins is not confined only <strong>to</strong> water purification, but also in several other<br />
applications that include splitting out some elements. These <strong>exchange</strong>s happen without physical<br />
alteration <strong>to</strong> the ion <strong>exchange</strong> material.<br />
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<strong>Ion</strong> <strong>exchange</strong>rs are insoluble acids or bases having salts which are also insoluble <strong>and</strong> this enables<br />
them <strong>to</strong> <strong>exchange</strong> positive or negatively charged ions. Natural substances such as cellulose,
proteins, living cells <strong>and</strong> soil particles display ion <strong>exchange</strong> properties that play a crucial role in<br />
functioning. Technically, resins are prepared as spherical beads ranging from 0.5 <strong>to</strong> 1mm in<br />
diameter. These elements appear solid under microscopic inspection.<br />
On the contrary, the molecular structure is relatively open which means that a solution is passed<br />
down a resin bed that can flow through the cross-linked polymer that can bring it in<strong>to</strong> closer contact<br />
with ion <strong>exchange</strong> sites. Therefore, globally the market is projected <strong>to</strong> reach at a higher CAGR in the<br />
forecast period since fac<strong>to</strong>rs such as urbanization <strong>and</strong> increasing prosperity in APAC regions <strong>and</strong><br />
rising dem<strong>and</strong> for nuclear energy. <strong>Ion</strong>-<strong>exchange</strong> resin market is driven by fac<strong>to</strong>rs such as water<br />
softening <strong>and</strong> demineralizing applications in water treatment, nuclear <strong>and</strong> chemical plants.<br />
Additionally, R&D departments of various companies conduct research on the rising number of<br />
applications of ion <strong>exchange</strong> resin market.<br />
<strong>Ion</strong>-<strong>exchange</strong> resin industry is segmented in<strong>to</strong> cationic resins, anionic resins, chelation resins <strong>and</strong><br />
adsorbent resins. Chelation resins <strong>and</strong> adsorbent resins are expected <strong>to</strong> rise at a higher CAGR during<br />
the forecast period. Cationic resins are expected <strong>to</strong> dominate the market during the forecast period.<br />
Based on end-use industry, the ion-<strong>exchange</strong> resin market is segmented in<strong>to</strong> water treatment,<br />
power, food & beverages, pharmaceutical <strong>and</strong> chemicals. Power segment constituted a significant<br />
position in the market during the forecast period. Pharmaceutical segment is anticipated <strong>to</strong> rise at a<br />
higher CAGR during the forecast period.<br />
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<strong>Ion</strong>-<strong>exchange</strong> resin industry geographically spans North America, Latin America, Europe, Asia-<br />
Pacific, <strong>and</strong> Middle-East & Africa. APAC regions such as India, China <strong>and</strong> South Korea are the fertile<br />
markets contributing <strong>to</strong> the growth of ion-<strong>exchange</strong> resin market. The ion-<strong>exchange</strong> resin market in<br />
North America <strong>and</strong> Europe is anticipated <strong>to</strong> grow at a sluggish CAGR in the forecast period. The key<br />
players in the ion-<strong>exchange</strong> resin industry include The Dow Chemical Company, BASF SE, Purolite<br />
Inc, Evoqua Water Technologies LLC, Lanxess AG, <strong>Ion</strong> Exchange Ltd, Mitsubishi Chemical<br />
Corporation, Finex Oy, Lanxess, <strong>and</strong> Thermax Limited.<br />
<strong>Market</strong> Segment:<br />
Geographically, this report is segmented in<strong>to</strong> several key Regions, with production, consumption,<br />
revenue (million USD), market share <strong>and</strong> growth rate of <strong>Ion</strong>-<strong>exchange</strong> <strong>Resin</strong> in these regions, from
2013 <strong>to</strong> <strong>2025</strong> (forecast), covering<br />
• North America<br />
• Europe<br />
• China<br />
• Japan<br />
• Southeast Asia<br />
• India<br />
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Global <strong>Ion</strong>-<strong>exchange</strong> <strong>Resin</strong> market competition by <strong>to</strong>p manufacturers, with production, price,<br />
revenue (value) <strong>and</strong> market share for each manufacturer; the <strong>to</strong>p players including<br />
• Lanxess<br />
• Mitsubishi Chemical<br />
• Purolite<br />
• <strong>Resin</strong>tech<br />
• Samyang<br />
• Finex Oy<br />
• Suqing Group (Former Jiangyin Organic Chemical Plant)<br />
• Zhejiang Zhengguang<br />
• Jiangsu Success<br />
• Shanghai <strong>Resin</strong><br />
• Zibo Dongda Chem<br />
• Suzhou Bojie<br />
• Hebi Juxing<br />
• Jiangsu Linhai <strong>Resin</strong><br />
• Langfang Shengquan<br />
• Pure <strong>Resin</strong><br />
On the basis of product, this report displays the production, revenue, price, market share <strong>and</strong><br />
growth rate of each type, primarily split in<strong>to</strong><br />
• Cation Exchange <strong>Resin</strong><br />
• Anion Exchange <strong>Resin</strong>
On the basis of the end users/applications, this report focuses on the status <strong>and</strong> outlook for major<br />
applications/end users, consumption (sales), market share <strong>and</strong> growth rate for each application,<br />
including<br />
• Water treatment<br />
• Food industry<br />
• Production of High Purity Water<br />
• Other<br />
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https://www.millioninsights.com/industry-reports/ion-<strong>exchange</strong>-resin-market
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