TMR_Research_Reports_2017 Ion Exchange Membrane Industry Analysis 2024 | Page 2

Ion Exchange Membrane Market REPORT DESCRIPTION Ion Exchange Membrane Market (Charge - Cation, Anion, Amphoteric Ion, Bipolar Ion, and Mosaic Ion; Material - Hydrocarbon Membrane, Perfluorocarbon Membrane, Inorganic Membrane, Composite Membrane, and Partially Halogented Membrane; Structure - Heterogeneous Membrane and Homogeneous Membrane; Application - Electrodialysis, Electrolysis, Chromatographic Separation, Desalination, Wastewater Treatment, and Radioactive Liquid Waste Treatment) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 Transparency Market Research (TMR) states that the competitive landscape in the global ion exchange membrane market is likely to intensify in the coming years. Some of the key players in the market are 3M, Lanxess, The Dow Chemical Company, and Ion Exchange Ltd. The regional and local companies seem to have a greater dominance in the market due to their long-term contracts and goodwill. However, big companies are expected to gain advantage in the coming few years due to their ability to acquire low-cost raw materials. The research report states that the opportunity in the global ion exchange membrane market will be worth US$1,178.2 mn by 2024 from US$868.8 mn in 2015. During the forecast period of 2016 and 2024, the global market is projected to pace ahead at a CAGR of 3.5% as the demand for clean water continues to be on the rise. Obtain Report Details @ http://www.transparencymarketresearch.com/ion- exchange-membrane-market.html Developing Economies in Asia Pacific to Remain Strong Contenders in Global Market The various types of materials available in the global market are hydrocarbon membrane, inorganic membrane, per fluorocarbon membrane, partially halogenated membrane, and composite membrane. Of these, inorganic membrane will lead the pack in the coming years. Its ability to provide selective separation of gases such as oxygen and hydrogen is expected to win the material segment a large consumer base. During the forecast period. 2 Transparency Market Research