Ion Exchange Resins Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Cation Exchange Resins, Anion Exchange Resins, Chelating Resins), By End-User Industry (Industrial Water Treatment, Food and Beverages, Oil and Gas, Energy and Power, Chemical, Healthcare), And By Geography - Forecasts From 2019 To 2024
- Published : Apr 2021
- Report Code : KSI061612065
- Pages : 91
The ion exchange resins market is projected to grow at a CAGR of 3.22% to reach US$1,194.031 million by 2024, from US$987.212 million in 2018. Ion exchange resins are widely used in the water treatment process that includes water softening or demineralization. They are also used to remove other substances from the water during processes such as dealkalization, deionization, and disinfection. The burgeoning population across the globe is leading to an increased demand for water among the population that, in turn, is boosting the ion-exchange resins market. Growing investments in the wastewater treatment plants in especially emerging economies, in order to keep pace with the rising consumption of water, is significantly driving the ion-exchange resin market growth. Moreover, their increasing use in food and beverage processing is augmenting the demand across the sector. Therefore, the market is poised to grow at a substantial rate on account of the rising need to provide potable drinking water and food to the growing population.
DRIVERS
Burgeoning population across the globe
Investments in new water treatment plants in emerging economies
RESTRAINTS
Presence of alternative water treatment technologies.
INDUSTRY UPDATE
In March 2019, Bee’ah announced the launch of its innovative industrial wastewater treatment plant in Sharjah.
In November 2018, LANXESS invested in the production of ion-exchange resins in Leverkusen, Germany.
The major players profiled in the ion exchange resins market include DuPont and Dow, Thermax Global, LANXESS, Purolite, Mitsubishi Chemical Corporation, Evoqua Water Treatment Technologies GmbH, ResinTech Inc., Fluid Systems, Doshion, Merck KGaA, and Jurby Watertech.
Ion Exchange Resins Market Scope:
Report Metric | Details |
Market size value in 2018 | US$987.212 million |
Market size value in 2024 | US$1,194.031 million |
Growth Rate | CAGR of 3.22% from 2018 to 2024 |
Base year | 2018 |
Forecast period | 2019–2024 |
Forecast Unit (Value) | USD Million |
Segments covered | Types, End-User Industry, And Geography |
Regions covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies covered | DuPont and Dow, Thermax Global, LANXESS, Purolite, Mitsubishi Chemical Corporation, Evoqua Water Treatment Technologies GmbH, ResinTech Inc., Fluid Systems, Doshion, Merck KGaA, Jurby Watertech |
Customization scope | Free report customization with purchase |
Segmentation
The ion exchange resins market has been analyzed through the following segments:
By Type
Cation exchange resins
Anion exchange resins
Chelating resins
By End-User Industry
Industrial Water Treatment
Food and Beverages
Oil and Gas
Energy and Power
Chemical
Healthcare
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
India
Others
Frequently Asked Questions (FAQs)
Q1. What will be the ion exchange resins market size by 2024?
A1. The ion exchange resins market is projected to reach a total market size of US$1,194.031 million by 2024.
Q2. What is the size of the global ion exchange resins market?
A2. Ion Exchange Resins Market was valued at US$987.212 million in 2018.
Q3. What are the growth prospects for the ion exchange resins market?
A3. The global ion exchange resins market is projected to grow at a CAGR of 3.22% during the forecast period.
Q4. Who are the major players in the ion exchange resins market?
A4. The major players profiled in the ion exchange resins market include DuPont and Dow, Thermax Global, LANXESS, Purolite, Mitsubishi Chemical Corporation, Evoqua Water Treatment Technologies GmbH, ResinTech Inc., Fluid Systems, Doshion, Merck KGaA, and Jurby Watertech.
Q5. What factors are anticipated to drive the ion exchange resins market growth?
A5. The burgeoning population across the globe is leading to an increased demand for water among the population that, in turn, is boosting the ion-exchange resins market.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. ION EXCHANGE RESINS MARKET BY TYPE
5.1. Cation exchange resin
5.2. Anion exchange resin
5.3. Chelating resins
6. ION EXCHANGE RESINS MARKET BY APPLICATION
6.1. Industrial Water Treatment
6.2. Food and Beverages
6.3. Oil and Gas
6.4. Energy and Power
6.5. Chemical
6.6. Healthcare
7. ION EXCHANGE RESINS MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. India
7.5.4. Others
8. COMPETITIVE INTELLIGENCE
8.1. Company Benchmarking and Analysis
8.2. Recent Investment and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. DuPont and Dow
9.2. Thermax Global
9.3. LANXESS
9.4. Purolite
9.5. Mitsubishi Chemical Corporation
9.6. Evoqua Water Treatment Technologies GmbH
9.7. ResinTech Inc.
9.8. Fluid Systems
9.9. Doshion
9.10. Merck KGaA
9.11. Jurby Watertech
LIST OF FIGURES
LIST OF TABLES
DuPont and Dow
LANXESS
Purolite
Mitsubishi Chemical Corporation
Evoqua Water Treatment Technologies GmbH
ResinTech Inc.
Fluid Systems
Doshion
Merck KGaA
Jurby Watertech
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