Ion exchange resins are the water-insoluble polymer matrix containing functional groups, which can be exchanged by the medium ions. These resins are white or yellowish in color. Resins are present in the matrix structure as porous beads, microporous beads, gel, powder, or sheet forms. Ion exchange resins are made by polymerization of monomers such as styrene, acrylic, or phenolic compounds.
Global Key Players and Competition Analysis
Some of the major players operating in the global ion exchange resins market are DowDuPont Inc. (U.S.), Ionic Systems Ltd. (UK), Purolite (U.S.), Mitsubishi Chemical Corporation (Japan), Lanxess AG (Germany), Ion Exchange (India), Thermax Global (India), Novasep Holding (France), SAMYANG CORPORATION (South Korea), Samco Technologies, Inc. (U.S.), and Thermo Fisher Scientific (India).
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Segmentation Analysis
The global ion exchange resins market is segmented by type, raw material, matrix structure, end-use industry, and region. Based on the raw material, the global ion exchange resins market is segmented into polystyrene copolymer, polyacrylic copolymer, cross-linked polystyrene, and others. On the basis of the end-user industry, the global ion exchange resins market is segmented into water treatment, hydrometallurgy & metal finishing, food & beverages, pharmaceutical, and others.
Regional Analysis
North America is expected to be the second largest market for Ion Exchange Resins Market and is expected to show a considerable demand over the forecast period. End-use industries such as hydrometallurgy & metal finishing, chemical industry, food & beverages, pharmaceutical industry are expected to drive the ion exchange resins market.
Market Scope
Ion exchange resins are categorized into different types based on functional groups present such as cation exchange resins, anion exchange resins, chelating resins, mix bed resins, adsorbent resins, catalysts, and others. Cation exchange resins are sub-segmented into strong acid cation (SAC) and weak acid cation (WAC). Anion exchange resins are sub-segmented into a strong base anion and weak base anion.
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Industry News:
May, 2018 Market Research Future Published a Half-Cooked Research Report on Global Ion Exchange Resins Research Report.
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