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    Ion Exchange Resins Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis

    Ion Exchange Resins Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis

    Ion Exchange Resins Market - Size, Share, Trend & Forecast Analysis  | Covid-19 Impact Analysis
    Report code - SRAM302 Delivery - 2 Weeks
    Ion Exchange Resins Market Size, Share, Trend, Forecast, & Competitive Analysis.
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    Impact of COVID-19 on Ion Exchange Resins Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Ion Exchange Resins Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Ion Exchange Resins Market Insights

    Ion Exchange Resins Market is likely to witness a healthy CAGR of 4.7% during the forecast period. Ion exchange resins are employed in a wide array of industries, such as power, chemical & petrochemical, food & beverages, pharmaceuticals, water & wastewater treatment, food & beverage, pharmaceuticals, electricals & electronics, and metal & mining. Among all the application sectors, nuclear power generation is the major sector where ion exchange resins are used for controlling reactor reaction and steam generation. They are also extensively found in water and wastewater management as ion exchange resins are used to substitute the magnesium and calcium ions with sodium ions from hard water to alleviate poisonous and heavy metal ions. The increasing infrastructural development projects in the developing economies is augmenting the demand for electricity, which in turn, is driving the growth of the energy & power sector. 

    Ion Exchange Resins Market - Snapshot

    Growth

    4.7% for the next five years

    Major Type

    Cationic resins

    Dominant End-Use Industry Type

    Power

    Region with the highest demand

    Asia-Pacific

    Key Players

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

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    Market Share Analysis

    Ion Exchange Resins Market Share: By Type

    Based on the type, the market is segmented as cationic resins, anionic resins, and others. The cationic resins segment dominated the market and is expected to maintain its leading position during the forecast period. The extensive use of cationic resins in various water treatment applications in power, chemical and domestic end-use industries is the major factor behind its dominance in the global ion exchange resins market.

    Ion Exchange Resins Market Share: By End-Use Industry Type

    Based on the end-use industry type, the market is segmented as power, chemical & petrochemical, water & wastewater treatment, food & beverage, pharmaceutical, electrical & electronics, metal and mining, and others. The power segment is expected to lead the market during the forecast period, owing to the increasing penetration of ion exchange resins in various power applications including coal-based and nuclear power plants in  economies, such as China, Japan, Poland, and India to meet their energy requirements.  Further, water & waste water treatment is expected to witness substantial growth during the forecast period, owing to the rising concern towards fresh water scarcity and treatment of industrial waste.   

    Ion Exchange Resins Market Share: By Region

    In terms of regions, Asia-Pacific is likely to dominate the global market during the forecast period, owing to the huge industrial base and growing demand from industries, such as mining, chemical & petrochemical, water & wastewater treatment, and nuclear power. Further, government initiatives from the developing economies, such as China and India to attract investment are acting as a catalyst towards the growth of the Asia-Pacific’s market. North America and Europe are the other two major markets with substantial growth opportunities, owing to strong demand from end-use industries and rising concern towards water & wastewater treatment.

    Ion Exchange Resins Market: Key Players

    Some of the key players in the ion exchange resins market are The Dow Chemical Company, Lanxess AG, Purolite Corporation, Mitsubishi Chemical Corporation, Thermax Limited, Ion Exchange (India) Ltd., Jiangsu Suqing Water Treatment Engineering Group Company Ltd., Novasep Holding SAS, Samyang Corporation, ResinTech Inc, Anhui Sanxing Resin Technology Co. Ltd., Auchtel Products Limited, Aldex Chemical Co. Ltd., Bengbu Dongli Chemical Co., Ltd., Bio-Rad Laboratories, Inc., Eichrom Technologies Inc., Evoqua Water Technologies LLC, Finex Oy, Hebi Juxing Resin Co., Ltd., Jacobi Carbons AB, Jiangsu Linhai Resin Science and Technology Co. Ltd., Ningbo Zhengguang Resin Co., Ltd., OVIVO, Sunresin New Materials Co. Ltd., and  Tianjin Nankai Hecheng Science & Technology Co., Ltd. 

     

    Market Scope & segmentation

    Ion Exchange Resins are materials that are insoluble in nature and are high in molecular weight. They can contain either basic groups or acidic groups for the process of ion exchange.

    Ion Exchange Resins can be cationic resins or anionic resins. They are highly in use in a number of industry areas such as power, chemicals, water, wastewater treatment, food & beverage, pharmaceutical, electronics, mining, and many others.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Ion Exchange Resins Market Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The ion exchange resins market is segmented into the following categories. 

    Ion Exchange Resins Market Size, Share & Forecast, by Type:

    • Cationic Resins (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Anionic Resins (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Ion Exchange Resins Market Size, Share & Forecast, by End-Use Industry:

    • Power (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Chemical & Petrochemical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Water & Wastewater Treatment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Food & Beverage (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pharmaceutical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Electrical & Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metal & Mining (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Ion Exchange Resins Market Size, Share & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by end-use industry.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What are Ion Exchange Resins?

    Ion Exchange Resins are materials that are insoluble in nature and are high in molecular weight. They can contain either basic groups or acidic groups for the process of ion exchange. Ion Exchange Resins can be cationic resins or anionic resins. They are highly in use in a number of industry areas such as power, chemicals, water, wastewater treatment, food & beverage, pharmaceutical, electronics, mining, and many others.

    What will be the CAGR of the Ion Exchange Resins Market?

    Ion Exchange Resins Market is likely to witness a healthy CAGR of 4.7% during the forecast period.

    Which country/region is expected to remain the largest Ion Exchange Resins Market?

    In terms of regions, Asia-Pacific is likely to dominate the global market during the forecast period, owing to the huge industrial base and growing demand from industries, such as mining, chemical & petrochemical, water & wastewater treatment, and nuclear power.

    Who are the key players in the Ion Exchange Resins Market?

    Some of the key players in the ion exchange resins market are The Dow Chemical Company, Lanxess AG, Purolite Corporation, Mitsubishi Chemical Corporation, Thermax Limited, Ion Exchange (India) Ltd., Jiangsu Suqing Water Treatment Engineering Group Company Ltd., Novasep Holding SAS, Samyang Corporation, ResinTech Inc, Anhui Sanxing Resin Technology Co. Ltd., Auchtel Products Limited, Aldex Chemical Co. Ltd., Bengbu Dongli Chemical Co., Ltd., Bio-Rad Laboratories, Inc., Eichrom Technologies Inc., Evoqua Water Technologies LLC, Finex Oy, Hebi Juxing Resin Co., Ltd., Jacobi Carbons AB, Jiangsu Linhai Resin Science and Technology Co. Ltd., Ningbo Zhengguang Resin Co., Ltd., OVIVO, Sunresin New Materials Co. Ltd., and Tianjin Nankai Hecheng Science & Technology Co., Ltd.

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