Press release
Ion Exchange Resins Market Revenue, Manufacturers, Customer Needs and Forecast to 2027
Ion exchange resins are used in the purification and softening of water applications across various industries. They are capable of eliminating chlorine, a radioactive element, and organic compound from the water which can be further used for various industrial purposes. Food & beverage, chemical processing, power generation, electronics, wastewater treatment, and mining are some of the major end-users of the ion exchange resins.Ion exchange resins are extensively used in water treatment plants to remove contaminants such as pollutants, factory wastes, and pathogenic microorganisms in drinking water. Wastewater produced from agriculture, industrial processes, and sewage are discarded into freshwater resources, making the freshwater toxic and unsuitable for human consumption.
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The global ion exchange resins market has witnessed significant growth in recent past years, owing to the rising need for water treatment solutions across the globe. With the increase in population across the globe, there is an upsurge in industrial activities and urbanization which in turn is expected to provide lucrative growth to the global Ion exchange resins market over the forecast period.
Major players in the global Ion exchange resins market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use industries such as energy, chemical, food & beverages, electrical & electronics, pharmaceuticals, paper & pulp and others. This scenario is expected to fuel the market during the forecast period.
Detailed Segmentation:
Global Ion Exchange Resins Market, By Product Type:
Cation Exchange Resins
Anion Exchange Resins
Others
Global Ion Exchange Resins Market, By Application:
Power Generation
Chemical & Fertilizers
Food & Beverages
Electrical & Electronics
Pharmaceuticals
Paper & Pulp
Domestic & Wastewater Treatment
Others
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Key companies covered as a part of this study includes The Dow Chemical Company, Lanxess Ag, Purolite Corporation, Thermax Limited, Ion Exchange India Ltd., Samyang Holdings Corporation, Mitsubishi Chemical Holdings Corporation, Sunresin New Materials Co. Ltd., ResinTech Inc., and Jiangsu Suqing Water Treatment Engineering Group Co., Ltd
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