The report “Ion Exchange Resins Market by Type (Cationic Resins, Anionic Resins), Application (Water, Non-Water), End-Use Industry (Power, Chemical & Petrochemical, Pharmaceutical, Food & Beverage), and Region- Global Forecast to 2030″, size is projected to grow from USD 2.13 billion in 2024 to USD 2.83 billion by 2030, registering a CAGR of 4.8% during the forecast period. The ion exchange resins market is experiencing significant growth due to increasing demand from various major economies for different applications in different end use industries such as power, chemical & petrochemical, food & beverage, electrical & electronics, pharmaceutical, metal & mining and other end use industries as well. Growing economies in Asia Pacific region and stricter environmental regulations and the need for sustainable practices are driving industries to adopt advanced technologies such as mixed bed resins, chelating resins and other technologies as well. Additionally, the rapid expansion of power industry, which require ion exchange resins in various applications, is further propelling the market.
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• 285 Market data Tables
• 58 Figures
• 261 Pages and in-depth TOC on “Ion Exchange Resins Market – Global Forecast to 2030″
• 58 Figures
• 261 Pages and in-depth TOC on “Ion Exchange Resins Market – Global Forecast to 2030″
Some of the prominent key players are:
- DuPont de Nemours, Inc. (US),
- LANXESS (Germany),
- Mitsubishi Chemical Group Corporation (Japan),
- Samyang Corporation (South Korea),
- Ecolab (US),
- JACOBI RESINS (Sweden), and many more….
Driver: Increasing nuclear power generation in emerging economies
The rapid expansion of emerging economies such as China and India, is expected to drive demand for energy. Nuclear power is one of the most environment-friendly sources to generate electricity on large scale. The increasing awareness regarding climate change is expected to drive demand for nuclear power generation in the coming years. In the nuclear power industry, ion exchange resins are used for softening and demineralizing of cooling tower and boiler feed water. In the Chemical and Volume Control System (CVCS), ion exchange resins remove radioactive and non-radioactive ions from process and wastewater, which ensures the overall safety and efficiency of the reactor.
