Ion Exchange Resins Market to Flourish with an Impressive CAGR During 2026

Ion Exchange Resins Market: Outlook

As per the business intelligence study by the Transparency Market Research, the global ion exchange resins market is anticipated to expand at a considerable growth rate of 4.8 % over the forecast period i.e. 2018 to 2026. Rising demand for industrial as well as municipal water treatment is likely to augment the sales in global ion exchange resins market in coming years. Furthermore, the players and manufacturers in the global ion exchange resins market are expected to gain numerous lucrative opportunities for developing the products intended for usage in the biofuel sector.
The types of products offered by the manufacturers and players operational within the global ion exchange resins market include chelating resins, weak acid cation resins, weak base anion resins, adsorbent resins, strong acid cation resins, strong base anion resins, and mixed bed resins, among others. Amongst these, the mixed bed resins segment dominated the global ion exchange resins market in recent past, owing to high applications of mixed bed resins in water treatment, nuclear applications, and power generation.

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Industrial Water treatment Emerges as Leading Application Segment
Some of the leading application areas for the products and solutions in the global ion exchange resins market include liquid glucose, gold mining, TAME, industrial water treatment, ultrapure water, municipal water treatment, mining, other chemicals, sugar refining, Uranium mining, MTBE catalysis, bisphenol A, food and beverages, pharmaceutical, and water softening, among others. Among these, the industrial water treatment sector dominated the global ion exchange resins market in 2017 and is expected to continue its leading position in the industry in coming years.
Few of the major incumbent end users for the products and solutions within the global ion exchange resins market include industrial water treatment, mining, power generation, food and beverages, research and development, pharmaceutical, municipal water treatment, electrical and electronics, nuclear power, and chemical production, among others.

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North America leads the Ion Exchange Resins Market

Key regions and leading nation evaluated within the business survey report on the global ion exchange resins market include Europe (including Italy, France, the United Kingdom, Russia, Germany, and rest of the Europe), Latin America (including Brazil, Argentina, Mexico, and rest of the Latin America), North America (including the United States and Canada), Middle East and Africa (including South Africa, Saudi Arabia, Oman, Qatar, and rest of the Middle East and Africa), and Asia Pacific (including India, Japan, China, Indonesia, Philippines, Malaysia, Thailand, Vietnam, and rest of the Asia Pacific).
Geographically, the North America region led the global ion exchange resins market in 2017. Furthermore, the global ion exchange resins market is anticipated to expand on the back of major infrastructural as well as economic development undertaken by various emerging economies around the world, such as India, Indonesia, China, and Vietnam. Rising industrialization in several emerging countries is one of the key drivers for the global ion exchange resins market. Asia Pacific region is expected to perform well over the forecast period in the global ion exchange resins market.

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Some of the most important and dominant players and manufacturers operating within the global ion exchange resins market include Ionic Systems Ltd., ResinTeh, Inc., Thermax Limited, Ion Exchange (India) Limited, Evoqua Water Technologies LLC, Eichrom Technologies, LLC, The Dow Chemical Company, Purolite, Lanxess AG, Mitsubishi Chemical Corporation, Novasep, and Finex Oy, among others. The competitive landscape of the global ion exchange resins market is consolidated, with the four major manufacturers accounting for more than 40 % of the total industry share.

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