Global Ion Exchange Resins (Cationic Resins, Anionic Resins) Market 2016-2026: Dow Chemical, Lanxess, Mitsubishi, Ion Exchange and Purolite Dominate the $2.26 Billion Industry - Research and Markets
Research and Markets has announced the addition of the "Ion
Exchange Resins Market by Type (Cationic Resins, Anionic Resins), End
Use Industry (Power, Chemical, Water Treatment, Pharmaceutical, Food &
Beverage, Mining & Metal, Electrical & Electronic), Region - Global
Forecast to 2026" report to their offering.
The Ion Exchange Resins (IERs) market is projected to grow at a CAGR of
4.15% during the long-term forecast period to reach USD 2.26 billion by
2026.
The growth of this market can be attributed to the increasing demand for
the use of nuclear energy to generate electricity in emerging countries.
Another factor driving the growth of the IERs market is the growing
urbanization and increasing affluence in the Asia-Pacific region.
However, factors such as, the volatility of raw material prices and
increasing competition from the reverse osmosis membrane in the
demineralization application are restraining the growth of the IERs
market.
Chelation resins and adsorbent resins are projected to be the fastest
growing type from 2016 to 2026. Chelation resins are used in metal
separation processes, especially in agricultural applications. Adsorbent
resins are used in industrial applications such as the production of
foods & beverages. The high growth of this market can be attributed to
the increasing demand for processed food and agricultural demand in
emerging economies such as China, India, and others.
The power segment is projected to lead the IERs market during the
forecast period. IERs are widely used in the power industry, mainly in
demineralizing feed water and make-up water, wastewater treatment, and
condensate polishing inside water-steam circuits. The power industry is
also growing at a high rate as the demand for electricity is growing and
governments are taking initiatives to decrease their dependence on the
coal and natural gas end-use industries, which will lead to the high
growth of the IERs market.
Scope of the Report
Drivers
-
Growing Urbanization & Increasing Affluence in the Asia-Pacific Region
-
Increasing Demand for Nuclear Electricity Generation in Emerging
Economies
-
Stringent Environmental Regulations
Restraints
-
Volatility in Raw Material Prices
-
Increasing Competition From Reverse Osmosis Membrane in
Demineralization Application
Opportunities
-
Growing Industrialization in Developing Countries
-
Rising Scarcity of Fresh Water
-
Opportunities Associated With Cleaning Biodiesel
Challenges
-
Finding New Applications
-
Lack of Awareness in Underdeveloped Regions
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Ion Exchange Resins Market, By Type
8 Ion Exchange Resins Market, By End-Use Industry
9 Ion Exchange Resins Market, By Region
10 Competitive Landscape
11 Company Profiles
-
Ion Exchange (India) Ltd.
-
Jiangsu Suqing Water Treatment Engineering Group Company Ltd.
-
Lanxess AG
-
Mitsubishi Chemical Corporation
-
Novasep Holding S.A.S.
-
Purolite Corporation
-
Resintech Inc.
-
Samyang Corporation
-
The DOW Chemical Company
-
Thermax Ltd.
For more information about this report visit http://www.researchandmarkets.com/research/vw6klq/ion_exchange
View source version on businesswire.com: http://www.businesswire.com/news/home/20170116005266/en/
Copyright Business Wire 2017
Source: Business Wire
(January 16, 2017 - 5:19 AM EST)
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