The global ion exchange resins market is expected to grow from USD 1.75 billion in 2019 to USD 2.46 billion by 2027, at a CAGR of 4.4% during the forecast period 2020-2027.
Ion exchange resins are organic, insoluble matrices that facilitate ion exchange. The resins are used to remove organic compounds, chlorine, and radioactive elements from the solution. They play a crucial role in water purification and decontamination for its application in industries. Some natural materials have the properties of ion exchange like soil particles, cellulose, and proteins.
The application of ion exchange in the treatment of water containing various pollutants to make it fit for drinking is the primary driver for the growth of the market. The inclination of various governments towards the use of unconventional means of power generation like nuclear power is expected to fuel the market growth. Their industrial application in chemical processing, mining, power generation, food and beverages, and electronics will increase the demand for ion exchange resins globally. High cost of the resins and lack of awareness are expected to hinder the growth of the market.
This study delivers a comprehensive analysis of type, application, end-use industry, and regions. On the basis of type, the market can be divided into anionic and cationic resins. The cationic resins are expected to dominate the market share due to its widespread application in industries for the treatment of extremely saline water, demineralization, and dealkalization. The increase in urbanization has led to a rise in demand of cationic resins for water treatment fuelling the market growth. On the basis of application, the market can be divided into water and non-water uses. The water application is expected to account for the highest growth rate due to its use in decontamination, demineralization, and purification. It is increasingly used in industries like power and petrochemicals fuelling the market growth. On the basis of end-use industry, the market can be divided into chemical & petrochemical, power, food & beverage, and pharmaceutical. The power segment is expected to portray the highest growth rate in the segment. The extensive usage of power across the globe and increasing power demands of developing countries will drive the growth of the segment.
The market for ion exchange resins has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific region is expected to dominate the market share and account for the highest growth rate in the forecast period. The large-scale manufacturing activities of ion exchange resins carried out in the region for the dual purpose of domestic demands as well as exports are expected to drive the market growth. The costs of manufacturing are low in the region, along with favourable government initiatives for the promotion of industries. The rise in population and increasing number of end-use industries has contributed to the research, development, and innovation in the product, fuelling market growth. The growing need of the high population for clean water has also led to an increase in demand of resins in the region.
Some of the leading players of the global ion exchange resins market are ResinTech Inc., Dow Chemical Company, Novasep Holding, Lenntech B.V., Purolite Corporation, Ion Exchange (India) Ltd., Mitsubishi Chemical Corporation, Samyang Corporation, Lanxess AG, Thermax Ltd, Evoqua Water Technologies, and Samyang Corporation.
Global Ion Exchange Resins Market Analysis And Forecast, By Type
Global Ion Exchange Resins Market Analysis And Forecast, By Application
Global Ion Exchange Resins Market Analysis And Forecast, By End-Use Industry
Global Ion Exchange Resins Market Analysis And Forecast, By Regional Analysis
Report Description:
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By End Use Industry
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Opportunities
5.5. Challenges
6. Global Ion Exchange Resins Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Anionic Resins
6.3. Cationic Resins
7. Global Ion Exchange Resins Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Water
7.3. Non-Water
8. Global Ion Exchange Resins Market Analysis and Forecast, By End-Use Industry
8.1. Segment Overview
8.2. Chemical & Petrochemical
8.3. Power
8.4. Food & Beverage
8.5. Pharmaceutical
9. Global Ion Exchange Resins Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Ion Exchange Resins Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Ion Exchange Resins Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. ResinTech Inc.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Dow Chemical Company
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Novasep Holding
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Lenntech B.V
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Purolite Corporation
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Ion Exchange (India) Ltd.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Mitsubishi Chemical Corporation
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Samyang Corporation
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Lanxess AG
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Thermax Ltd
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Evoqua Water Technologies
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
List of Table
1. Global Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
2. Global Anionic Resins, Ion Exchange Resins Market, By Region, 2017–2027(USD Billion) (Thousand Liter)
3. Global Cationic Resins, Ion Exchange Resins Market, By Region, 2017–2027(USD Billion) (Thousand Liter)
4. Global Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
5. Global Water, Ion Exchange Resins Market, By Region, 2017–2027(USD Billion) (Thousand Liter)
6. Global Non Water, Ion Exchange Resins Market, By Region, 2017–2027(USD Billion) (Thousand Liter)
7. Global Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
8. Global Chemical & Petrochemical, Ion Exchange Resins Market, By Region, 2017–2027(USD Billion) (Thousand Liter)
9. Global Power, Ion Exchange Resins Market, By Region, 2017–2027(USD Billion) (Thousand Liter)
10. Global Food & Beverage, Ion Exchange Resins Market, By Region, 2017–2027(USD Billion) (Thousand Liter)
11. Global Pharmaceutical, Ion Exchange Resins Market, By Region, 2017–2027(USD Billion) (Thousand Liter)
12. Global Ion Exchange Resins Market, By Region, 2017–2027(USD Billion) (Thousand Liter)
13. North America Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
14. North America Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
15. North America Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
16. U.S. Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
17. U.S. Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
18. U.S. Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
19. Canada Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
20. Canada Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
21. Canada Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
22. Mexico Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
23. Mexico Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
24. Mexico Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
25. Europe Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
26. Europe Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
27. Europe Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
28. Germany Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
29. Germany Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
30. Germany Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
31. France Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
32. France Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
33. France Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
34. U.K. Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
35. U.K. Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
36. U.K. Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
37. Italy Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
38. Italy Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
39. Italy Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
40. Spain Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
41. Spain Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
42. Spain Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
43. Asia Pacific Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
44. Asia Pacific Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
45. Asia Pacific Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
46. Japan Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
47. Japan Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
48. Japan Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
49. China Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
50. China Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
51. China Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
52. India Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
53. India Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
54. India Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
55. South America Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
56. South America Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
57. South America Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
58. Brazil Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
59. Brazil Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
60. Brazil Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
61. Middle East and Africa Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
62. Middle East and Africa Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
63. Middle East and Africa Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
64. UAE Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
65. UAE Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
66. UAE Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
67. South Africa Ion Exchange Resins Market, By Type, 2017–2027(USD Billion) (Thousand Liter)
68. South Africa Ion Exchange Resins Market, By Application, 2017–2027(USD Billion) (Thousand Liter)
69. South Africa Ion Exchange Resins Market, By End Use Industry, 2017–2027(USD Billion) (Thousand Liter)
List of Figures
1. Global Ion Exchange Resins Market Segmentation
2. Ion Exchange Resins Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Ion Exchange Resins Market Attractiveness Analysis By Type
9. Global Ion Exchange Resins Market Attractiveness Analysis By Application
10. Global Ion Exchange Resins Market Attractiveness Analysis By End Use Industry
11. Global Ion Exchange Resins Market Attractiveness Analysis By Region
12. Global Ion Exchange Resins Market: Dynamics
13. Global Ion Exchange Resins Market Share By Type(2020 & 2027)
14. Global Ion Exchange Resins Market Share By Application (2020 & 2027)
15. Global Ion Exchange Resins Market Share By End Use Industry(2020 & 2027)
16. Global Ion Exchange Resins Market Share by Regions (2020 & 2027)
17. Global Ion Exchange Resins Market Share by Company (2019)
Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.
Market research is valuable because of the following reasons:
Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.
Our market research process involves with the four specific stages.
Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:
Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:
Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.
This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.
Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.
Free Customization
Countries can be added on demand
Free yearly update on purchase of Multi/Corporate User License
Companies served till date
We serve our customers 24x7 for 365 days through calls, emails and live chat options.
Huge database of exceptional market reports bringing market intelligence to your fingertips.
SSL enabled, we offer you various secured payment options for risk free purchase.