Ion Exchange Resins Global Market Report 2022: Industrialization and Surge in Urban Population in Emerging Economies Fuels Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Ion Exchange Resins - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Ion Exchange Resins Market to Reach $2.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Ion Exchange Resins estimated at US$1.7 Billion in the year 2020, is projected to reach a revised size of US$2.4 Billion by 2027, growing at a CAGR of 5.2% over the period 2020-2027. Cationic Resins, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$1.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Anionic Resins segment is readjusted to a revised 4.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $364.1 Million, While China is Forecast to Grow at 7.2% CAGR

The Ion Exchange Resins market in the U.S. is estimated at US$364.1 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$572.5 Million by the year 2027 trailing a CAGR of 7.2% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 3.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$324.5 Million by the year 2027.

Other Types Segment to Record 4% CAGR

In the global Other Types segment, USA, Canada, Japan, China and Europe will drive the 4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$170.6 Million in the year 2020 will reach a projected size of US$220.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 4.6% CAGR through the analysis period.

Select Competitors (Total 62 Featured)

• Aldex Chemical Company, Ltd.
• Anhui Sanxing Resin Technology Co. Ltd.
• Auchtel Products Ltd.
• Bengbu Dongli Chemical Co., Ltd.
• Bio-Rad Laboratories, Inc.
• E. I. du Pont De Nemours and Company
• Eichrom Technologies, LLC
• Evoqua Water Technologies LLC
• Finex Oy
• Hebi Juxing Resin Co., Ltd.
• Ion Exchange (India) Ltd.
• Jacobi Carbons AB
• Jiangsu Linhai Resin Science and Technology Co. Ltd.
• Jiangsu Suqing Water Treatment Engineering Group Co., Ltd
• Lanxess AG
• Mitsubishi Chemical Corporation
• Ningbo Zhengguang Resin Co., Ltd.
• Novasep Holding SAS
• Ovivo, Inc.
• Purolite Corporation
• ResinTech, Inc.
• Samyang Corporation
• Sunresin New Materials Co., Ltd.
• Thermax Ltd.
• Tianjin Nankai Hecheng Science & Technology Co., Ltd.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Expanding Applications to Present Growth Opportunities for Ion Exchange Resins Market
• Growing Water Scarcity and Increasing Importance of Water Recycling & Reuse Bodes Well for the Market
• World Fresh Water Resources: Percentage Breakdown by Sources of Fresh Water
• Deteriorating Quality of Water and Widening Gap between Safe & Reliable Water Supply: A Key Factor Fueling Growth
• Industrialization and Surge in Urban Population in Emerging Economies Fuels Market Growth
• Water Needs of Expanding Urban Population to Boost Market for Ion Exchange Resins
• Water-Guzzling Industrial Units and Increasing Emphasis on Sustainable Wastewater Treatment Benefit Demand
• New Focus on Circular Economy among Industrial Enterprises Drives Emphasis on Wastewater Recycling and Reuse
• Ion Exchange Resin Demand in Power Industry to Witness High Growth
• Rise in Nuclear Power Generation Drives Demand for Ion Exchange Resins
• Nuclear Power Capacity Distribution by Region: New Capacity in GWE for Operational and Under-Construction Plants
• Chemical & Petrochemical: Demand for Ion Exchange Resins to Witness Healthy Growth
• Pharmaceutical Industry's Need for Improved Drug Retention & Prevention of Dose Dumping & Toxicity to Boost Market
• Requirements for Water Used by the Pharmaceutical Industry
• Growing Role of Ion Exchange Resins in Cleaning and Obtaining Pure Metals
• Increased Need for Ultrapure Water Boosts Market Growth
• Water Softening: A Major Application of Ion Exchange Resins
• Ion Exchange Resins Find Growing Use in Catalysis
• Role of Ion Exchange Resins in Sugar Refining
• Role of Ion Exchange Resins in Making Mineral Oils Acid-free
• Challenges Facing Ion Exchange Resins Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES

CANADA

JAPAN

CHINA

EUROPE

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

AFRICA

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/63izjp