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Ion Exchange Resins Market by Product, Application & Forecast - 2023
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The global ion exchange resins market is expected to witness significant growth, during the forecast period. The growth in the global market is propelled by increasing demand for nuclear power generation. The growing environmental apprehensions over power generation through conventional means has led the government authorities to focus on unconventional mode of power generation.
The growing demand for nuclear power generation is likely to boost the global ion exchange resins market. Additionally, growing consciousness toward water softening and purification in industrial applications is expected to boost the demand for ion exchange resins.
The global ion exchange resins market has been segmented on the basis of type and application. On the basis of type, the global market has been segmented into specialized ion exchange resins, cationic and anionic. On the basis of application, the global ion exchange resins has been segmented into chemical, power, food and beverage, water treatment, electrical and electronics, pharmaceutical and metals and mining.
Geographically, the global ion exchange resins market has been segmented into North America, South America, Asia-Pacific, Europe, and Rest of the World. Asia-Pacific is the key region in the global ion exchange resins market, which is expected to witness significant growth, during the forecast period.
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Some of the key companies in the global ion exchange resins market are Dow Chemical Company, ResinTech Inc., Lenntech B.V., Ion Exchange (India) Ltd., Purolite Corporation, Mitsubishi Chemical Corporation, Thermax Ltd, Lanxess AG, Samyang Corporation and Evoqua Water Technologies.
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