This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Read More

Ion Exchange Resins Market

Ion Exchange Resins Market By Type (Cationic Resins, Anionic Resins), Application (Water, Non- water), End-use (Food & Beverage, Pharmaceutical, Electrical & Electronics) & Region - Forecast to 2016 - 2026

Ion Exchange Resins Market By Type (Cationic Resins, Anionic Resins), Application (Water, Non- water), End-use (Food & Beverage, Pharmaceutical, Electrical & Electronics) & Region - Forecast to 2016 - 2026

Ion Exchange Resins Market - Analysis, Outlook, Growth, Trends, Forecasts

Ion Exchange Resins Market Overview

[171 Pages Report] The ion exchange resins market is valued at US$ 1.4 Bn in 2021. It is set to grow at 5.4% CAGR through 2026.The ion exchange resins market is set to grow in the MEA region and is expected to be US$ 150 Mn by 2026.Asia Pacific excluding Japan (APEJ) region is one of the most lucrative market, holding nearly 30% value share.Wastewater treatment segment promises for a healthy growth with a CAGR of 5.9%.

The market was pegged at 458,000 metric tonnes in 2015 and it is expected to cross 720,816 metric tonnes by the end of the forecast period. Many regions across the globe suffer from water scarcity and water stress. For instance, MEA accounts for a mere 1% share in the available freshwater resources across the globe. There is a surging demand for water treatment chemicals in the MEA region and this in turn is expected to drive the growth of the global ion exchange resins market.

Dissecting the role of the MEA region in the global ion exchange resins market

Growing consumption of ion exchange resins, especially in some of the African countries, is expected to drive market growth during the forecast period. In terms of value, the MEA ion exchange resins market will expand at a CAGR of 5.9%. The region was estimated to be valued beyond US$ 90 Mn by the end of 2016 and it is expected to touch more than US$ 150 Mn by the end of the forecast period.

This region will also create a robust incremental dollar opportunity within the period of assessment. MEA, Eastern Europe and Latin America are expected to grow at considerable CAGRs and can be called as emerging regions in the ion exchange resins market over the forecast period. Rest of MEA countries such as Turkey, Israel, and North African countries are expected to drive growth in the consumption of ion exchange resins in the region during the forecast period.

Ion exchange resins market in the Rest of MEA was expected to account for a market value share of more than 50% in the overall MEA ion exchange resins market by 2016, and is expected to gain more than 300 BPS by the end of the assessment period. The value of the market is likely to cross US$ 100 Mn by the end of 2026. GCC is expected to be the moderately attractive region. South Africa is projected to be a relatively less attractive country on the basis of market share and CAGR. In terms of value, the ion exchange resins market in South Africa is expected to register a relatively low CAGR of 4.9% during forecast period.

Segment analysis of the MEA Ion Exchange Resins Market

  • Cation exchange resins segment in the MEA ion exchange resins market was estimated to account for an approximate market value share of 58% by the end of 2016, and is expected to lose more than 90 BPS by the end of 2026. The segment is expected to be valued at US$ 100 Mn by the end of 2026.
  • Others segment in the MEA ion exchange resins market is anticipated to expand at a relatively low CAGR of 5.5% in terms of value over the forecast period.
  • Anion exchange resins segment in the MEA ion exchange resins market was anticipated to be worth more than US$ 32 Mn in 2016. The market share is likely to soar by the end of the projected period.
  • The power generation segment is expected to accumulate more than 130 BPS by the end of the assessed period. The domestic and wastewater treatment segment is expected to record a healthy CAGR of 5.9% in terms of value by the end of 2026.
Sign Up with MarketNgage

World's Most Profilic Intelligence Engine

Get Access To The World's Largest Market Research Database.

Sign Up Now

Market Segmentation

By Type:

  • Cationic Resins

  • Anionic Resins

  • Others (Adsorbent Resins & Chelation Resins)

By Application:

  • Water

  • Non-water

By End-use industry:

  • Power

  • Chemical & Petrochemical

  • Food & Beverage

  • Pharmaceutical

  • Electrical & Electronics

  • Metal & Mining

  • Others (Textile, Agriculture, Wastewater Treatment, and Oil & Gas)

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MEA)

Key Questions Answered in the Report

What is the size of ion exchange resins market?

In 2021, ion exchange resins market is valued at US$ 1.4 Bn, and expected to grow at 5.4% CAGR.
The major players in the global ion exchange resins market are Lanxess, Dow Chemicals, Resin Tech Inc, Toronto Water Treatment Technologies, Pure Resin Company Limited among others.

Need specific information?

Our Clients

Chemicals & Materials

View All Reports from Chemicals & Materials

View Reports

Recommendations

Chemicals

Styrene Butadiene Rubber Market

Published : 2017-12-20

Chemicals

Fatty Amines Market 122017

Published : 2017-12-28

Chemicals

Construction Polymer Market

Published : 2022-01-13