Market World Ion-exchange Resin Market Analysis | Page 2

proteins, living cells and soil particles display ion exchange properties that play a crucial role in
functioning. Technically, resins are prepared as spherical beads ranging from 0.5 to 1mm in
diameter. These elements appear solid under microscopic inspection.
On the contrary, the molecular structure is relatively open which means that a solution is passed
down a resin bed that can flow through the cross-linked polymer that can bring it into closer contact
with ion exchange sites. Therefore, globally the market is projected to reach at a higher CAGR in the
forecast period since factors such as urbanization and increasing prosperity in APAC regions and
rising demand for nuclear energy. Ion-exchange resin market is driven by factors such as water
softening and demineralizing applications in water treatment, nuclear and chemical plants.
Additionally, R&D departments of various companies conduct research on the rising number of
applications of ion exchange resin market.
Ion-exchange resin industry is segmented into cationic resins, anionic resins, chelation resins and
adsorbent resins. Chelation resins and adsorbent resins are expected to rise at a higher CAGR during
the forecast period. Cationic resins are expected to dominate the market during the forecast period.
Based on end-use industry, the ion-exchange resin market is segmented into water treatment,
power, food & beverages, pharmaceutical and chemicals. Power segment constituted a significant
position in the market during the forecast period. Pharmaceutical segment is anticipated to rise at a
higher CAGR during the forecast period.
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Ion-exchange resin industry geographically spans North America, Latin America, Europe, Asia-
Pacific, and Middle-East & Africa. APAC regions such as India, China and South Korea are the fertile
markets contributing to the growth of ion-exchange resin market. The ion-exchange resin market in
North America and Europe is anticipated to grow at a sluggish CAGR in the forecast period. The key
players in the ion-exchange resin industry include The Dow Chemical Company, BASF SE, Purolite
Inc, Evoqua Water Technologies LLC, Lanxess AG, Ion Exchange Ltd, Mitsubishi Chemical
Corporation, Finex Oy, Lanxess, and Thermax Limited.
Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption,
revenue (million USD), market share and growth rate of Ion-exchange Resin in these regions, from