Zion Market Research, the market research group announced the analysis report titled “Ion Exchange Resins Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024″
Global Ion Exchange Resins Market: Overview
In processes such as decontamination process, separation process, and water purification the ion exchange resins are very beneficial. A wide range of applications of the ion exchange resins is found in the water purification and chemical industry. Basically, the ion exchange resins are insoluble, small matrices. They are obtained from the substrate of the organic polymers. The ion exchange resins can capture and release the ions without any difficulty due to the fact that they have surfaces that contain pores. Different types of ion exchange resins are manufactured depending on the various characteristics of the different type of ions.
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Global Ion Exchange Resins Market: Segmentation
The ion exchange resins market is globally segmented into its type, end user, and regions. On the basis of type, the global market is segregated into anionic resins, cationic resins, and others. Based on the end-user industry, the market is categorized into chemical, food & beverage, electrical & electronic, power, water treatment, pharmaceutical, mining & metal, and others. Geographically, the ion exchange resins market is diversified into South America, Europe, North America, Asia-Pacific, and Rest of the World.
Global Ion Exchange Resins Market: Growth Factors
There are many factors that are contributing to the market growth of ion exchange resins. Among which some of the major factors that are contributing to the global market growth of ion exchange resins include deficiency of resources, expanding the global population, and urbanization. Owing to these factors the process of purification has become very important which is triggering the growth of the market. As the ion exchange resins are widely used in the field of life science there is an elevated demand for the product in the chromatography and spectrometry sectors. Along with this, there are also some factors that are restraining the market growth which include the lack of awareness about the advantages of using ion exchange resins and the high cost that is involved. The cationic resins segment leads the global market of ion exchange resins market. The cationic resins are extensively used for demineralization and water softening applications thus its demand is increasing in the industries such as water treatment, nuclear, and chemical. The pharmaceutical segment is the segment that is leading the global ion exchange resins market.
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Global Ion Exchange Resins Market: Regional Analysis
The ion exchange resins market has a very good growth in the Asia Pacific region. The factors that attribute to this growth include the growing urbanization, increasing demand for the nuclear electricity, and the growing affluence in the region. The countries that contribute significantly to the ion exchange resins market growth are India, South Korea, China, and Indonesia. There is an increase in the demand for the ion exchange resins in the African countries. The countries of the Middle East and Africa such as Israel, Turkey, and the North African countries are leading in the consumption of the ion exchange resins, thus fuelling the market growth.
Global Ion Exchange Resins Market: Competitive Players
The major market players in the ion exchange resins market include Jiangsu Suqing Water Treatment Engineering Group Co., Dow Chemical Thailand Co. Ltd., Thermax Limited, Thermax Chemicals, Azot JSC, Tokem JSC, Finex Oy, Eichrom Technologies Inc., Cognis Deutschland GmbH & Co. KG, Purolite Corporation, Dow Water & Process Solutions, ResinTech Inc., Bayer AG, Lanxess AG, Mitsubishi Chemical Corporation, Taiyuan Resin Factory, Rohm and Haas Company, and others.
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Global Ion Exchange Resins Market: Regional Segment Analysis
North America(U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa
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