Product Code: CMI349
The ion exchange resins market is estimated to be valued at USD 1.54 Bn in 2024 and is expected to reach USD 2.14 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.8% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 1.54 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
4.80% |
2031 Value Projection: |
US$ 2.14 Bn |
Figure. Ion Exchange Resins Market Share (%), By Region 2024
Ion exchange resins are polymers that exhibit the ability to exchange smaller movable ions for bigger ions in a liquid medium. They find widespread application in wastewater treatment plants to purify water by removing unwanted ions. The resins selectively allows only the targeted ions to attach to their structure while letting others pass through. This property makes them highly useful for applications like water softening, purification of process water in various industries, and production of high purity water. The global ion exchange resins market is expected to grow steadily owing to stringent regulations regarding wastewater disposal and growing freshwater scarcity issues.
Market Dynamics:
The ion exchange resins market is driven by factors such as growing focus on wastewater treatment, stringent environmental regulations regarding industrial effluent disposal, and increasing demand for ultra-pure water in various industries especially pharmaceuticals and electronics. However, availability of alternative technologies for water and wastewater treatment and high costs associated with ion exchange resins pose a challenge to the market growth. The development of innovative resin formulations offering improved efficiency and selectivity is expected to create new opportunities for key players in the coming years.
Key Features of the Study:
- This report provides an in-depth analysis of the global ion exchange resins market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global ion exchange resins market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include The Dow Chemical Company, Lanxess Ag, Purolite Corporation, Thermax Limited, Ion Exchange India Ltd., Samyang Holdings Corporation, Mitsubishi Chemical Holdings Corporation, Sunresin New Materials Co. Ltd., ResinTech Inc., Novasep Holding, Samyang Corporation, Bio-Rad Laboratories Inc., Jiangsu Suqing Water Treatment Engineering Group Co. Ltd, Purolite, Jacobi Carbon Group, IEI, Novasep Holding, Indion Resins, Thermax, and Aqua Filsep Inc
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global ion exchange resins market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ion exchange resins market
Detailed Segmentation-
- By Product Type:
- Cation Exchange Resins
- Anion Exchange Resins
- Others
- By Application:
- Power Generation
- Chemical & Fertilizers
- Food & Beverages
- Electrical & Electronics
- Pharmaceuticals
- Paper & Pulp
- Domestic & Wastewater Treatment
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- The Dow Chemical Company
- Lanxess Ag
- Purolite Corporation
- Thermax Limited
- Ion Exchange India Ltd.
- Samyang Holdings Corporation
- Mitsubishi Chemical Holdings Corporation
- Sunresin New Materials Co. Ltd.
- ResinTech Inc.
- Novasep Holding
- Samyang Corporation
- Bio-Rad Laboratories Inc.
- Jiangsu Suqing Water Treatment Engineering Group Co. Ltd
- Purolite
- Jacobi Carbon Group
- IEI
- Novasep Holding
- Indion Resins
- Thermax
- Aqua Filsep Inc
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions
4. Global Ion Exchange Resins Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Ion Exchange Resins Market
- Impact Analysis
5. Global Ion Exchange Resins Market, By Product Type, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Cation Exchange Resins
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Anion Exchange Resins
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
6. Global Ion Exchange Resins Market, By Application, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Power Generation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Chemical & Fertilizers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Food & Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Electrical & Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Paper & Pulp
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Domestic & Wastewater Treatment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
7. Global Ion Exchange Resins Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- GCC Countries
- Israel
- Rest of Middle East & Africa
8. Competitive Landscape
- Market Share Analysis
- Company Profiles
- The Dow Chemical Company
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Lanxess Ag
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Purolite Corporation
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Thermax Limited
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Ion Exchange India Ltd.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Samyang Holdings Corporation
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Mitsubishi Chemical Holdings Corporation
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Sunresin New Materials Co. Ltd.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- ResinTech Inc.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Novasep Holding
- Samyang Corporation
- Bio-Rad Laboratories Inc.
- Jiangsu Suqing Water Treatment Engineering Group Co. Ltd
- Purolite
- Jacobi Carbon Group
- IEI
- Novasep Holding
- Indion Resins
- Thermax
- Aqua Filsep Inc
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Section
- References
- Research Methodology
- About Us and Sales Contact
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