Global Ion Exchange Resins Market Overview 2018, Demand by Regions, Share and Forecast to 2023

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    Global Ion Exchange Resins Market Growth
Fuelled by Thriving Chemical Industry

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Report Description and Highlights
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  Global Ion Exchange Resins Market Growth
Fuelled by Thriving Chemical Industry The
global ion exchange resins market has experienced
a positive growth during past few years. This can
be highly attributed to decreasing availability
of fresh water, flourishing food and beverage
industry and a rise in the use of ion exchange
resins in chemical processing. Milk is
considered as one of the vital components of a
humans everyday diet as it serves numerous
essential According to the latest report by IMARC
Group, titled Ion Exchange Resins Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023, the global ion exchange
resins market reached a value of around US 1.6
Billion in 2017. An ion exchange resin is an
organic compound that is synthetically
polymerised to act as a medium for ion exchange
which is a reversible interchange of ions. These
resins are porous and lightweight solids which
are prepared in different forms such as beads,
sheets or granules. Other than this, ion exchange
resins are insoluble in water, cross-linked and
chemically inert in nature. They can be
categorised into various forms including
chelating resin, adsorbent resin, mixed bed
resin, etc. The demand for ion exchange resins is
rising on account of a rise in the awareness of
consumers to purify water used in industrial
applications across the globe.
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Ion exchange resins are used in the chemical
industry for providing chemical stability during
several stages of processing which has positively
influenced the growth of the ion exchange resins
market. Along with this, governments of various
nations have starting implementing stringent
regulations regarding water conservation as a
result of scarcity of fresh water which has had a
direct impact on the propelling demand for ion
exchange resins across the globe. Additionally,
over the years, there has been a rising need for
the use of highly pure ingredients in the
preparation of several food products. Therefore,
ion exchange resins are being increasingly used
for the elimination of unwanted molecules from
sugar alcohols, high-intensity sweeteners, sugar,
food additives and high-fructose corn syrup.
However, the use of ion exchange resins leads to
chlorine contamination and organic contamination
of resins which might act as a hindrance for the
growth of the global market. Looking forward, the
market value is projected to reach nearly US 2
Billion by 2023, expanding at a CAGR of over 3.6
during 2018-2023. Read more here
https//www.imarcgroup.com/ion-exchange-resins-mar
ket
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Report Description and Highlights
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• Market Summary
• The ion exchange resins market has been segmented
  on the basis of different types currently
  available for the consumers including cationic
  resins and anionic resins along with others.
  Currently, cationic resins are the most popular
  type of ion exchange resins as they are being
  extensively used in water treatment applications
  across numerous end-use industries.
• Based on application, the market has been
  segregated into demineralization and water
  softening, food and beverage, and mining and
  metallurgy. Amongst these, ion exchange resins
  are being majorly used for demineralization and
  water softening purposes.
• On a regional basis, Asia Pacific represents the
  largest market for ion exchange resins, holding
  the majority of the share. This growth is led by
  inflating demand for ion exchange resins from the
  chemical and power industries across the region.
  Asia Pacific is followed by North America,
  Europe, Middle East and Africa, and Latin
  America.
• The competitive landscape of the market has also
  been examined with some of the key players being
  Lanxess, Mitsubishi Chemical Holdings, The Dow
  Chemical Company, Purolite, Thermax Ltd., Ion
  Exchange (India) Ltd., Resintech Inc., Novasep
  Holding S.A.S., Samyang Corporation and Jiangsu
  Suqing Water Treatment Engineering Group Company
  Ltd. 
• Want more information about this market? Request
  a free report sample
• https//www.imarcgroup.com/request?typereportid
  920flagB

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