Reports and Data

Ion Exchange Resin Market to Reach USD 1.88 Billion by 2026, at a CAGR 4.8%

Rigorous regulations towards water conservation and the decreasing availability of fresh water is expected to drive the growth of the ion exchange resins market. Furthermore, technological progressions and exceptional efficiency, consumer preferences are shifting towards ion exchange resins from conventional resins Ion Exchange Resin Market Size – USD 1.29 Billion in 2018, Market Growth – CAGR of 4.8%, Market

 

New York, NY -- (SBWIRE) -- 04/23/2021 -- Based on current analysis, the global ion exchange resin market was valued at USD 1.29 billion in 2018 and is expected to reach USD 1.88 billion by 2026, at a CAGR 4.8%. An ion-exchange resin or ion-exchange polymer is a resin or polymer that acts as a medium for ion exchange. These beads generally provide a large surface area on and inside them. these beads are typically porous. Ion exchange is a process where ions are trapped occurring along with the accompanying release of other ions. There are numerous types of ion exchange resins. Usually white or yellowish, fabricated from an organic polymer substrate, an ion exchange resin is an insoluble matrix (or support structure) normally in the form of small (0.25–0.5 mm radius) microbeads. Ion exchange resins have the capacity to eliminate chlorine, organic mixtures and radioactive foundations such as uranium and lanthanum resulting in increasing application scope in chemical processing, food & beverage, waste water treatment, power generation, electronics and mining.

The most common examples of the applications of ion exchange resins are water softening and water purification. Intensifying consciousness towards purification and softening of water is also being observed in industrial claims is projected to have a vital role in driving the ion exchange market. Owing to technological progressions and exceptional efficiency, consumer preferences are shifting towards ion exchange resins from conventional resins. Rigorous regulations towards water conservation and the decreasing availability of fresh water is expected to drive the growth of the ion exchange resins market. Separately from these market drivers, there are few drawbacks which may hamper the market in the coming years. Drawbacks predominantly include chlorin contamination and organic contamination of resins. Clearance of spent ion exchange resins is being governed by rules and regulations to ensure that they don't cause any potential harm.

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Key findings from the report
- Only 60% of the industrial wastewater is treated, while roughly 40% of the treated water does not conform to the prearranged standards

- In case of sewage treatment, the situation is excessively stern, as globally, the urban area has capacity to treat just 37% of the sewage generated
- Dow Chemical Company launched next-generation ion exchange resins, which were re-engineered specifically to attain efficient industrial water treatment. Such launches are proving to be lucrative to the ion exchange resins market

- The power segment is likely to lead the ion exchange resin market with the market share of 47.6% during the forecast period among the end use industries due to environmental regulations by various water treatment industries and also, due to rising number of nuclear power plant in various countries

- Mitsubishi Chemical Corporation started selling river water treatment systems to public and private sectors in Myanmar, where the economic growth is anticipated to drive the demand for safe drinking water
- Municipal water treatment sector is expected to witness a major demand for ion exchange resins. This is so mainly, because it helps in removing the impurities to the maximum extent possible

- Asia-Pacific regional segment of the ion exchange resin market is expected to register itself as highest growing segment during the forecasted period, at a CAGR of 5.6%; owing it to the qualitative as well as quantitative market potential offered in developing nations such as China & India

- Approximately, 33% of the global population faces moderate or severe water shortage. Besides, it is suggested that roughly, 4.5 billion people will be required the need of consumption of polluted water resources by the end of the forecast period
Type (Revenue in USD Million; 2016–2026)
- Cationic Resins
- Anionic Resins
- Others

Application (Revenue in USD Million; 2016–2026)
- Water softening
- Water purification
- Metal purification
- Purification of antibiotics
- Catalysis
- Other

By End Use Industry (Revenue in USD Million; 2016–2026)
- Power
- Chemical & Petrochemical
- Water & Wastewater Treatment
- Food & Beverage
- Pharmaceutical
- Electrical & Electronics
- Metal & Mining
- Others

Regional Outlook (Revenue in USD Million; 2016–2026)
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America

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Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
3.1. Growing importance for purification
3.2. Increasing healthcare awareness
3.3. Ability to eliminate chlorine
Chapter 4. Global Ion Exchange Resin Market Segmentation & Impact Analysis
4.1. Segmentation Analysis
4.2. Value Chain Analysis, 2016-2026
4.3. Regulatory framework
4.4. Market Impact Analysis
4.4.1. Market driver analysis
4.4.1.1. Rising awareness for purification
4.4.1.2. Technological progressions
4.4.1.3. Decreasing availability of fresh water
4.4.2. Market restraint analysis
4.4.2.1. Lack of knowledge
4.4.2.2. Chlorine contamination
4.4.2.3. Organic contamination
4.5. Key opportunities prioritized
4.6. Market Pricing Analysis
Chapter 5. Global Ion Exchange Resin Market by Product Type Insights & Trends
5.1. Global Ion Exchange Resin type & Market Share, 2018 & 2026
5.2. Cationic resins
5.2.1. Market estimates and forecast, 2016 – 2026 (USD Million)
5.2.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
5.3. Anionic resins
5.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
5.3.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
5.4. Other
5.4.1. Market estimates and forecast, 2016 – 2026 (USD Million)
5.4.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
Chapter 6. Global Ion Exchange Resin Market by Applications & Trends
6.1. Global Ion Exchange Resin type & Market Share, 2018 & 2026
6.2. Water softening
6.2.1. Market estimates and forecast, 2016 – 2026 (USD Million)
6.2.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
6.3. Water purification
6.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
6.3.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
6.4. Metal purification
6.4.1. Market estimates and forecast, 2016 – 2026 (USD Million)
6.4.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
6.5. Purification of antibiotics
6.5.1. Market estimates and forecast, 2016 – 2026 (USD Million)
6.5.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
6.6. Catalysis
6.6.1. Market estimates and forecast, 2016 – 2026 (USD Million)
6.6.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
6.7. Other applications
6.7.1. Market estimates and forecast, 2016 – 2026 (USD Million)
6.7.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
Chapter 7. Global Ion Exchange Resin Market by End Users & Trends
7.1. Global Ion Exchange Resin type & Market Share, 2018 & 2026
7.2. Power
7.2.1. Market estimates and forecast, 2016 – 2026 (USD Million)
7.2.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
7.3. Chemical and petroleum
7.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
7.3.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
7.4. Water and wastewater treatment
7.4.1. Market estimates and forecast, 2016 – 2026 (USD Million)
7.4.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
7.5. Food and beverages
7.5.1. Market estimates and forecast, 2016 – 2026 (USD Million)
7.5.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
7.6. Pharmaceuticals
7.6.1. Market estimates and forecast, 2016 – 2026 (USD Million)
7.6.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
7.7. Electrical and electronics
7.7.1. Market estimates and forecast, 2016 – 2026 (USD Million)
7.7.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
7.8. Other
7.8.1. Market estimates and forecast, 2016 – 2026 (USD Million)
7.8.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
Chapter 8. Global Bioplastic Packages Market; Regional outlook
8.1. Global Ion Exchange Resin Market share by region, 2018 & 2026
8.2. North America
8.2.1. North America Ion Exchange Resin Market estimates and forecast, 2016 – 2026, (USD Million)
8.2.2. North America Global Ion Exchange Resin Market estimates and forecast by Type, 2016 – 2026, (USD Million)
8.2.3. North America Global Ion Exchange Resin Market estimates and forecast by application type, 2016 – 2026, (USD Million)
8.2.4. North America Global Ion Exchange Resin Market estimates and forecast by End Users, 2016 – 2026, (USD Million)
8.3. US
8.3.1. US Ion Exchange Resin Market estimates and forecast, 2016 – 2026, (USD Million)
8.3.2. US Global Ion Exchange Resin Market estimates and forecast by Type, 2016 – 2026, (USD Million)
8.3.3. US Global Ion Exchange Resin Market estimates and forecast by application type, 2016 – 2026, (USD Million)
8.3.4. US Global Ion Exchange Resin Market estimates and forecast by End Users, 2016 – 2026, (USD Million)
8.4. Canada
8.4.1. Canada Ion Exchange Resin Market estimates and forecast, 2016 – 2026, (USD Million)
8.4.2. Canada Global Ion Exchange Resin Market estimates and forecast by Type, 2016 – 2026, (USD Million)
8.4.3. Canada Global Ion Exchange Resin Market estimates and forecast by application type, 2016 – 2026, (USD Million)
8.4.4. Canada Global Ion Exchange Resin Market estimates and forecast by End Users, 2016 – 2026, (USD Million)
8.5. Europe
8.5.1. Europe Global Ion Exchange Resin Market estimates and forecast, 2016 – 2026, (USD Million)
8.5.2. Europe Ion Exchange Resin Market estimates and forecast by Type, 2016 – 2026, (USD Million)

Chapter 9. Competitive Landscape
9.1. Market Revenue Share by Manufacturers
9.2. Manufacturing Cost Breakdown Analysis
9.3. Mergers & Acquisitions
9.4. Strategy Benchmarking
Chapter 10. Vendor Landscape Company Profiles
10.1. DowDuPont Inc. (US)
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Length Benchmarking
10.1.4. Strategic Initiatives
10.2. Purolite Corporation (US)
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Length Benchmarking
10.2.4. Strategic Initiatives
10.3. Mitsubishi Chemical Corporation (Japan)
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Length Benchmarking
10.3.4. Strategic Initiatives
10.4. LANXESS AG (Germany)
10.4.1. Company Overview

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