January 16, 2017 - 5:19 AM EST
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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

Research and Markets
Laura Wood, Senior Manager
[email protected]
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Related Topics: Plastic Resins


Source: Business Wire (January 16, 2017 - 5:19 AM EST)

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