Global Ion Exchange Resins Market 2017-2021
About Ion Exchange Resins
Ion-exchange resins are insoluble positively or negatively charged polymers that are used to attract ions with an opposite charge in an aqueous solution. The resins that exchange positive ions are called cation-exchange resins and those that exchange negative ions are called anion-exchange resins. These resins are used widely in various industries, including power generation, water treatment, chemical, pharmaceutical, and other industries.
Technavio’s analysts forecast the global ion exchange resins market to grow at a CAGR of 5.14% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global ion exchange resins market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Ion Exchange Resins Market 2017-2021
Technavio recognizes the following companies as the key players in the global ion exchange resins market: BASF, Mitsubishi Chemical Holdings, ION EXCHANGE, LANXESS, The Dow Chemical Company, and Thermax Global.
Other Prominent Vendors in the market are: Bayer, Eichrom Technologies, Finex, Novasep, and Purolite.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing acceptance of household water purifiers. In recent years, the consumers are increasingly adopting household water purifiers due to growing concerns regarding the effects of impure water. This is further fueled by the growing population of health-conscious individuals.”
According to the report, one driver in the market is increasing adoption of ion-exchange resins for water treatment. Most of the water available in nature is not potable as it contains various contaminants such as factory wastes, pollutants, and pathogenic microorganisms. Therefore, scarcity of safe, usable water has created the demand for water purification where ion-exchange resins are used extensively. These resins help in eliminating chlorine, organic, and radioactive elements such as uranium, thorium, and lanthanum.
Further, the report states that one challenge in the market is disadvantages of ion-exchange resins. The primary filtration of water does not eliminate all impurities. The organic and inorganic compounds in the water can lead to calcium sulfate fouling, absorption of organic matter, iron fouling, bacterial contamination, and other complications. Ion-exchange resins are used for water treatment in both municipal and industrial systems.
BASF, Mitsubishi Chemical Holdings, ION EXCHANGE, LANXESS, The Dow Chemical Company, Thermax Global, Bayer, Eichrom Technologies, Finex, Novasep, and Purolite.
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