IMARC Group’s latest research report, titled “Ion Exchange Resins Market Price Analysis: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. The global ion exchange resins market reached a value of US$ 1.92 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.49 Billion by 2027, exhibiting a CAGR of 4.4 % during 2022-2027. An ion exchange resin is an insoluble polymer that contains acidic or basic functional groups and can exchange counter-ions within an aqueous solution surrounding it. It is usually available in the form of small beads, white or yellowish, or fabricated from an organic polymer substrate backbone. These resins find extensive applications in drug delivery, biomedical analysis, water softening, water purification, etc.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation type and application.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Ion Exchange Resins Market
- Strategies of major players and product offerings
Global Market Trends:
The global market is primarily driven by the increasing demand for cationic resins for water treatment applications. Furthermore, the growing demand for nuclear energy is positively influencing the market. Apart from this, the widespread utilization of ion exchange resins in various industries, including power and chemical and petrochemical, is significantly contributing to the market growth. Moreover, the increasing investments by market players in the pharmaceutical sector are providing a boost to the demand for ion exchange resins. Besides this, rapid expansion in the mining sector is increasing the need for freshwater, which in turn, is providing a thrust to the market growth. Additionally, stringent regulations imposed by the government of various countries due to the growing scarcity of freshwater is escalating the demand for ion exchange resins across the globe.
Key Players Included in Global Ion Exchange Resins Market Research Report:
- LANXESS AG
- Mitsubishi Chemical Holdings Corporation Dow Inc.
- Purolite Corporation
- Thermax Limited
- Ion Exchange (India) Ltd.
- ResinTech Inc.
- Novasep Holding SAS
- Samyang Corporation and Jiangsu Suqing Water Treatment Engineering Group Company Ltd.
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COVID-19 Impact Overview:
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
Key Market Segmentation:
Market Breakup by type:
- Cationic
- Anionic
- Other Resins.
Market Breakup by application:
- Demineralization and Water softening
- Food and Beverage
- Mining and Metallurgy,
- Other segments.
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Ion Exchange Resins Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Ion Exchange Resins Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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