A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Ion
Exchange Resins
Market. The
study, titled “Ion
Exchange Resins Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
An
ion exchange resin is a resin that acts as a medium for ion exchange.
It is a small insoluble matrix, usually in the form of a tiny bead
produced from organic polymer substrates. The surface of this resin
bead is typically porous. This assists in trapping and releasing ions
without any difficulty. Ion exchange resins are used in various
applications in different purification, separation, and
decontamination processes. Common applications include water
purification and water softening. Ion exchange resins may also be
used instead of zeolites in the said processes. They are also highly
effective in the filtration process of bio-diesel. Furthermore, ion
exchange resins are employed in end-use industries such as food &
beverages, pharmaceuticals, and power generation.
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Market Research Report @
Based
on type, the ion exchange resins market can be divided into cationic
resins, anionic resins, chelation resins, and adsorbent resins. The
cationic resins segment held the prominent share of the global ion
exchange resins market in 2015. It is anticipated to continue its
dominance across during the forecast period. Application in water
softening and demineralization in industries such as water treatment,
nuclear, and chemical is the primary driver of the cationic resins
segment. The chelation resins and adsorbent resins segments are
estimated to expand at rapid pace during the forecast period.
Chelation resins are used in agricultural and pharmaceutical
applications, while adsorbent resins are employed in the food &
beverage industry. These segments are projected to expand
significantly owing to the increase in demand for processed food and
growth in agricultural applications in countries in Asia Pacific such
as China and India.
Based
on end-use industry, the global ion exchange resins market can be
segmented into power, water treatment, food & beverages,
chemical, pharmaceutical, and others. The power segment constituted
the key share of the ion exchange resins market in 2015. It is likely
to continue its dominance during the forecast period. Ion exchange
resins are extensively employed to demineralize feed water and
condensate polishing inside water-steam circuits in the power
industry. The power segment is expected to be followed by the water
treatment and food & beverage segments, owing to the global
industrialization coupled with scarcity of clean and fresh water. The
pharmaceutical segment is anticipated to expand at a rapid pace
during the forecast period, as ion exchange resins are excellent drug
delivery mediums. R&D departments of several manufacturing
companies are conducting research on increasing the number of
applications of ion exchange resins in the pharmaceutical segment.
This is also estimated to drive the ion exchange resins market in the
near future.
In
terms of region, the global ion exchange resins market can be
segregated into North America, Europe, Asia Pacific, Middle East &
Africa, and Latin America. Asia Pacific held the prominent share of
the global ion exchange resins market in 2015. The market in the
region is expected to expand at a rapid pace during the forecast
period owing to the increase in demand for nuclear power and rise in
urbanization. China, India, and South Korea are the key countries
contributing to the growth of the ion exchange resins market in Asia
Pacific. The region was followed by North America and Europe,
respectively, in 2015. The ion exchange resins market in North
America and Europe is expanding at a sluggish pace, as it has reached
the stage of maturity. This is anticipated to hamper the demand for
ion exchange resins in these regions. The ion exchange resins market
in Latin America is estimated to expand at a significant pace during
the forecast period owing to the growing demand for clean water.
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the form for an exclusive sample of this report @
Prominent
players operating in the global ion exchange resins market are BASF
SE, The Dow Chemical Company, Ion Exchange Ltd., Evoqua Water
Technologies LLC, Mitsubishi Chemical Corporation, Finex Oy, Lanxess,
and Thermax Limited.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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Us
Transparency
Market Research (TMR) is a market intelligence company, providing
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of quantitative forecasting and trends analysis provides
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and analyze information.
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data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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