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Ion Exchange Resins Market by Type, End-Use Industry And Region - Global Forecast to 2022

Ion Exchange Resins Market: Global Forecast until 2022

  • May 2018
  • 134 pages
  • ID: 4603858
In this report:
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The ion exchange resins market is estimated to rise at a compound annual growth rate of 4.40 percent between 2017 and 2022.

The ion exchange resins market is forecasted to grow from ~$1.3B in 2017 to ~$1.6B by 2022, at a compound annual growth rate of 4.40 percent between 2017 and 2022. The increase of this market can be connected to the growing use of nuclear energy to generate electricity in emerging countries. Another factor driving the rise of the ion exchange resins market is the increasing urbanization and rising affluence in the Asia-Pac regions. Nevertheless, Elements such as the volatility of raw material prices and growing competition from the reverse osmosis membrane in the demineralization application are selecting the increase of the ion exchange resins market. Most of the raw materials used in the production of ion exchange resins are petroleum products. The prices of these raw materials have been highly volatile in recent times, touching a five-year low, which affected the increase of the market. Additionally, the reverse osmosis membrane technology is a main competitor of ion exchange resins in the demineralization application in end-use industries including water treatment, especially in thermal power stations and chemical plants.

Chelation and adsorbent resins market to be the quickest-rising in ion exchange resins market during forecast horizon

Chelation and adsorbent resins is forecasted to be the quickest-increasing type segment during 2017 to 2022.Chelation resins are used in metal separation processes, especially in agricultural applications.

Adsorbent resins are used in industrial applications including the production of foods & beverages. The high increase of this market can be accredited to the growing demand for processed food and agricultural demand in emerging economies including China, India (IN), and others.

APAC ion exchange resins market forecasted to grow at the highest compound annual growth rate (CAGR) during projection period

Growing demand in end-use industries including power, chemical & petrochemical, pharmaceutical, water & wastewater treatment, and others will drive the sector for ion exchange resins in the Asia-Pacific regions.China (CN) is the biggest market in the globe for ion exchange resins according to its well-established industrial base.

The slow increase rate in the North American and European sectors is anticipated to affect the industry demand for ion exchange resins in these areas during the outlook period.

The industry sizes estimated in this analysis have been validated through primary Q&A managed with different market experts, globally. Those primary sources have been sliced into three class:

• By Company category: Tier I - 25.0 percent, Tier II - 50.0 percent, and Tier III - 25.0 percent

• By Description: C-suite - 20.0 percent, D-level - 30.0 percent, and Others - 50.0 percent

• By Area: North America continent - 20.0 percent, Europe (EU) - 30.0 percent, Asia-Pac - 25.0 percent, South America region - 15.0 percent, and the Middle East & African continent - 10.0 percent

The report profiles different leading actors of the ion exchange resins market that contain DowDuPont, Lanxess (ETR:LXS), Mitsubishi Chemical Corporation, Ion Exchange Ltd., and Purolite Corporation. The analysis also comprises in-depth information about different increase strategies approved by these top actors to enhance their level in the ion exchange resins market.

RESEARCH COVERAGE

The objective of this study is to define, describe, and forecast the ion exchange resins market established on several segmentations and strategically analyze these market segments with respect to individual developments trends, increase prospects, and contribution to the global ion exchange resins market. In this business report, the ion exchange resins market has been divided on the basis of category, end-use sector, and area.

REASONS TO BUY THE REPORT

The market research is expected to benefit industry top players/new sector entrants in the ion exchange resins market in these ways:

1. This report comprehensively segments the ion exchange resins market and offers the best approximations for the sizes of various segments and subsegments of the market across several verticals and localities.

2. This industry report is expected to benefit partners in obtaining an improved understanding of their competitors and obtain business insights about their businesses. The competitive outlook section includes exhaustive information about mergers, acquisitions & joint ventures (JV); new product and technology developments; investments & business developments; and alliances, strategic agreements & collaborations that have been undertaken by different main actors to improve their rank in the ion exchange resins market.

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