Ion Exchange Resins Market Analysis to 2026 Top Key Players: Mitsubishi Chemical's, Dow Chemical, Thermax Ltd., Eichrom Technologies Inc., Ion Exchange Ltd., Lanxess AG, Novasep Holding S.A.S., Rohm & Haas

Ion Exchange Resins Market Overview
The Global Ion Exchange Resins Market is expected to grow from $1.11 million in 2017 to reach $2.00 million by 2016 with a CAGR of 6.8%. Factors such as increasing demand for nuclear electricity generation in emerging economies and growing demand from food processing are boosting the market growth. However, increasing competition from reverse osmosis membrane is hindering the market expansion.

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Ion exchange resins are polymers that act as ion exchange mediums. They are insoluble in water, cross-linked, and chemically inert. Ion exchange resins are functionalized polymer micro-beads are used which are usually yellow or white in color. Ion exchange resins are commonly used for water and wastewater treatment in various end-user industries. A substantial amount of ion exchange resins are used in chemical companies at different process stages. These resins are also used in sludge treatment plants for purification process.

Key players:
Some of the key players in ion exchange resins market includes Jiangsu Suqing Water Treatment Engineering Group Company Ltd., Mitsubishi Chemical's, Dow Chemical, Thermax Ltd., Eichrom Technologies Inc., Ion Exchange Ltd., Lanxess AG, Novasep Holding S.A.S., Rohm & Haas, Purolite, Resintech Inc., Samyang Corporation, Bengbu Dongli Chemical Co. Ltd., Evoqua Water Technologies Llc, Aldex Chemical Company Limited, Bio-Rad Laboratories Inc., Anhui Sanxing Resin Technology Co. Ltd., Tianjin Nankai Hecheng Science & Technology Co. Ltd., Sunresin New Materials Co. Ltd. and Jacobi Resinex.

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Market Segmentation:
By application, the Municipal water treatment section is anticipated to witness the major demand for ion exchange resins. This is mainly because it helps in removing the impurities to the maximum extent. The growing concerns of clean and safe water for drinking and sanitation have led to an increase in demand for ion exchange resins. Based on geography, North America is predicted to rule the global ion exchange resin market during the period. This is mainly due to the rising demand for ion exchange resins from end-user industries including pharmaceutical, mining, and nuclear power.

Product Types Covered:
• Chelation Resins
• Anion Exchange Resins
• Adsorbent Resins
• Cation Exchange Resins
• Mixed Bed Resins
• Other Product Types

Applications Covered:
• Tert-Amyl Methyl Ether (TAME)
• Sugar Refining
• Liquid Glucose
• Uranium Mining
• Gold Mining
• Methyl Tert-Butyl Ether (MTBE) Catalysis
• Ultrapure Water
• Bisphenol A
• Water Softening
• Other Applications

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This release was published on openPR.