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Ion Exchange Resins Global Market Report 2022: Deteriorating Quality of Water and Widening Gap between Safe & Reliable Water Supply Drives Growth
Global Market for Ion Exchange Resins
Dublin, Oct. 28, 2022 (GLOBE NEWSWIRE) -- The "Ion Exchange Resins - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Ion Exchange Resins Market to Reach $2.4 Billion by 2027
Amid the COVID-19 crisis, the global market for Ion Exchange Resins estimated at US$1.7 Billion in the year 2020, is projected to reach a revised size of US$2.4 Billion by 2027, growing at a CAGR of 5.2% over the period 2020-2027. Cationic Resins, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$1.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Anionic Resins segment is readjusted to a revised 4.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $364.1 Million, While China is Forecast to Grow at 7.2% CAGR
The Ion Exchange Resins market in the U.S. is estimated at US$364.1 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$572.5 Million by the year 2027 trailing a CAGR of 7.2% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 3.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$324.5 Million by the year 2027.
Other Types Segment to Record 4% CAGR
In the global Other Types segment, USA, Canada, Japan, China and Europe will drive the 4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$170.6 Million in the year 2020 will reach a projected size of US$220.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 4.6% CAGR through the analysis period.
Select Competitors (Total 62 Featured)
Aldex Chemical Company, Ltd.
Anhui Sanxing Resin Technology Co. Ltd.
Auchtel Products Ltd.
Bengbu Dongli Chemical Co., Ltd.
Bio-Rad Laboratories, Inc.
E. I. du Pont De Nemours and Company
Eichrom Technologies, LLC
Evoqua Water Technologies LLC
Finex Oy
Hebi Juxing Resin Co., Ltd.
Ion Exchange (India) Ltd.
Jacobi Carbons AB
Jiangsu Linhai Resin Science and Technology Co. Ltd.
Jiangsu Suqing Water Treatment Engineering Group Co., Ltd
Lanxess AG
Mitsubishi Chemical Corporation
Ningbo Zhengguang Resin Co., Ltd.
Novasep Holding SAS
Ovivo, Inc.
Purolite Corporation
ResinTech, Inc.
Samyang Corporation
Sunresin New Materials Co., Ltd.
Thermax Ltd.
Tianjin Nankai Hecheng Science & Technology Co., Ltd.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Expanding Applications to Present Growth Opportunities for Ion Exchange Resins Market
Growing Water Scarcity and Increasing Importance of Water Recycling & Reuse Bodes Well for the Market
Deteriorating Quality of Water and Widening Gap between Safe & Reliable Water Supply: A Key Factor Fueling Growth
Industrialization and Surge in Urban Population in Emerging Economies Fuels Market Growth
Water Needs of Expanding Urban Population to Boost Market for Ion Exchange Resins
Water-Guzzling Industrial Units and Increasing Emphasis on Sustainable Wastewater Treatment Benefit Demand
New Focus on Circular Economy among Industrial Enterprises Drives Emphasis on Wastewater Recycling and Reuse
Ion Exchange Resin Demand in Power Industry to Witness High Growth
Rise in Nuclear Power Generation Drives Demand for Ion Exchange Resins
Nuclear Power Capacity Distribution by Region: New Capacity in GWE for Operational and Under-Construction Plants
Chemical & Petrochemical: Demand for Ion Exchange Resins to Witness Healthy Growth
Pharmaceutical Industry's Need for Improved Drug Retention & Prevention of Dose Dumping & Toxicity to Boost Market
Requirements for Water Used by the Pharmaceutical Industry
Growing Role of Ion Exchange Resins in Cleaning and Obtaining Pure Metals
Increased Need for Ultrapure Water Boosts Market Growth
Water Softening: A Major Application of Ion Exchange Resins
Ion Exchange Resins Find Growing Use in Catalysis
Role of Ion Exchange Resins in Sugar Refining
Role of Ion Exchange Resins in Making Mineral Oils Acid-free
Challenges Facing Ion Exchange Resins Market
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
AFRICA
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/q8tkvr
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