Stricter Mandates For Industrial Wastewater Effluent Discharge Spurs Demand For Ion Exchange Resins, According To New Report By Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on Ion Exchange Resins markets. Global market for Ion Exchange Resins is projected to reach US$1.7 billion by 2018, driven by rising population, expanding application areas, and stricter mandates for industrial wastewater effluent discharge.
San Jose, California (PRWEB) - Follow us on LinkedIn – Ion exchange resins (IERs) have been in use for long and mostly find application in water separation, decontamination, water softening and decalcification. Against the backdrop of growing population and rising magnitude of industrial and environmental pollution, Ion Exchange Resins have acquired a center stage in the water treatment process. Even though the market faces competition from membrane separation technologies such as reverse osmosis, the market for ion exchange resins is projected to fare well over the coming years, with usage of IERs as cations in water softening continuing to be the largest end use application.
Ion exchange resins are primarily used in decontamination of surface and groundwater, industrial mining of metals and biodiesel production. Segment-wise, power generation represents the largest end use application for ion exchange resins while Drinking & Wastewater Treatment, with a CAGR of 5.2% represents the fastest growing segment. Owing to their chemical stability, ion exchange resins face increasing adoption from new application areas such as biofuels, spectrometry, pharmaceutical, chromatography, and electronics sectors.
As stated by the new market research report on Ion Exchange Resins, Asia Pacific represents the single largest market worldwide. The region is also forecast to emerge as the fastest growing market with a projected CAGR of 6% over the analysis period. Growth is primarily attributed to large scale industrial developments and limited natural water resources. Growing industrialization has created an imperative need for conservation and re-use of water worldwide, especially in India, Taiwan, China, and other developing countries.
Major players covered in the report include BASF SE, Finex Oy, ResinTech, Inc., Dow Water & Process Solutions, Lanxess AG, Mitsubishi Chemical Corporation, Eichrom Technologies, Inc., Purolite Corporation, Taiyuan Resin Factory and Thermax Limited.
The research report titled “Ion Exchange Resins: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections for all major geographic markets such as the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific, Latin America and Rest of World. Key end-use applications analyzed in the report include Chemicals, Drinking & Wastewater Treatment, Food & Beverage, Power Generation and Others.
For more details about this comprehensive market research report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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