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Ion Exchange Resins Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2026

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Ion Exchange Resins Market report categorizes global market by resin type, application, and end use indstries - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024
Ion Exchange Resins Market - Global Industry Insights,
Trends, Outlook, and Opportunity Analysis, 2018–2026
Ion exchange resins are small and insoluble matrices produced from organic polymer
substrate. These resins are primarily used for purification of water in wastewater treatment
plants & chemical industries. Their porous surfaces help to easily capture and release ions,
which makes them highly effective in purification of organic compounds and radioactive
elements. The global demand for ion exchange resins is expected to increase over the forecast
period, owing to their advanced purification properties and high feasibility in chemical
industries. Increasing adoption of organic compounds and rapid industrialization across the
world are major factors fueling growth of the global ion exchange resins market. High
demand for clean and purified water increasing demand for innovative & highly-evolved
water purification techniques, which in turn is fueling market growth.
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Global Ion Exchange Resins Market: Market Dynamics
Increasing awareness regarding purification of water in industrial applications is expected to
drive growth of global ion exchange resins market. Increasing demand for ion exchange
resins in food & beverages, power generation, pharmaceuticals, domestic and waste water
treatment, electrical & electronics and chemicals & fertilizers are expected to create highly
conducive environment for market growth. Furthermore, growing awareness related to use of
sustainable products is expected to increase demand for environment friendly ion exchange
resins.
Regulatory authorities such as EPA and European Commission are focusing on restriction of
use of chemicals in water treatment for industrial, institutional and commercial-based
applications. These authorities have passed various regulations to achieve targets, which
restraining growth of ion exchange resins.
Global Ion Exchange Resins Market: Regional Overview
Asia Pacific is expected to attain significant growth in ion exchange resin market over the
forecast period, owing to rapidly developing economies of Asia such as China and India are
expected to witness robust industrial growth, which in turn increases adoption of water
purification techniques involving ion exchange resins. Rise in government funding for
construction, industrial, and infrastructure development in economies of Middle East and
Africa such as UAE, Oman and Saudi Arabia are also expected to increase the demand for
global ion exchange resins market.
North America and Europe are experiencing slow growth in the market, as stringent
government regulations on use of chemicals for water treatment in these regions are imposing
a negative impact on growth of the market.
Manufacturing companies such as the Dow Chemical Company and Resin Tech Inc. are
focusing towards product launch and expansion to cater to the growing demand for ion
exchange resins.
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