Press release
Global Ion Exchange Resins Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over next seven years 2019-2025
Global Ion Exchange Resins Market
Analyst Speak:
“The Global Ion Exchange Resins Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over next seven years 2019-2025 owing to increase in the number of pharmaceutical and food and beverage industries around the globe”
The global ion exchange resins market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years owing to rise in demand for the ion exchange resins from pharmaceutical and food and beverage industries coupled with rise in demand for purified water. In addition, wide range of applications with ion exchange resins such as power generation industries, mining, and electronics, stringent regulations by the regulatory bodies for chemicals usage, and rapid urbanization are anticipated to surge the ion exchange resins market over the forecast years. However, fluctuations in raw material cost, bacterial contamination due to ion exchange resins, and lack of awareness about the ion exchange resins are hinder the market over the forecast timeframe
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Global Ion Exchange Resins market segmented on the basis of product type, application, end user, and region
Mixed-Bed Resins Dominate the Global Ion Exchange Resins Market
Based on the product type, global ion exchange resins market segmented into anion-exchange resins, cation- exchange resins, mixed-bed resins and others. Mixed-bed resins dominate the global Ion Exchange Resins market owing to surge in adoption for power generation, nuclear applications, and waste water treatment. Moreover, development of newer products also immense boost to the ion exchange resins market over the forecast years.
North America Leads the Global Ion Exchange Resins market
PBI’s global Ion Exchange Resins market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America accounted for larger revenue share through 2014-2018 and expected to dominate over 2019-2025 owing development of advanced products coupled with high awareness of using ion exchange resins in various applications, and rapid industrialization are propel the market. Europe Ion Exchange Resins market projected to exhibit significant growth due to stringent regulations for the chemical usage and cost effective procedures are expected to bolster the market.
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Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players
Global Ion Exchange Resins market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance. In November 2017, Purolite Life Sciences and repligen Corporation are entered into a collaboration agreement to provide agarose ion exchange resins with pre-packed chromatography columns.
Key player’s profiles in the report are Purolite Corporation (U.S.), Lanxess AG (Germany), The Dow Chemical Company (U.S.), Thermax Ltd. (India), Ion Exchange Ltd. (India), Mitsubishi Chemical Corporation (Japan), ResinTech, Inc. (Malaysia), BASF SE (Germany), Eichrom Technologies, LLC (U.S.), Novasep Holding SAS (France)
Precision Business Insights (PBI) in its report titled “Global Ion Exchange Resins Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.
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https://precisionbusinessinsights.com/market-reports/ion-exchange-resins-market/#ulp-14mlyhjMGhVjZqa3
Detailed Segmentation
By Product Type
o Anion-exchange resins
o Cation-exchange resins
o Mixed-Bed resins
o Others
By Technology
o Power Generation
o Pharmaceuticals
o Electrical and Electronics
o Food and Beverages
o Chemicals
o Water Treatment
o Mining and Metal
o Others
By End User
o Pharmaceutical Industries
o Chemical Industries
o Food and Beverages industries
o Others
Geography
o North America
• U.S
• Canada
o Europe
• Germany
• France
• U.K
• Italy
• Spain
• Russia
• Poland
• Rest of Europe
o Asia-Pacific
• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific
o Latin America
• Brazil
• Mexico
• Argentina
• Venezuela
• Rest of Latin America
o Middle East and Africa (MEA)
• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA
Get access to full summary @
https://precisionbusinessinsights.com/market-reports/ion-exchange-resins-market/
About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
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