Global Market Size of Ion Exchange Resins Market – 10 Year Market Forecast

Advanced Materials

Ion Exchange Resins Market Size Forecast 2022-2029

 

Ion-exchange resin is a polymer that acts as a medium for ion exchange. It is used to soften water by replacing magnesium and calcium ions with sodium ions. Metal separation, water purification is its other widely used applications. The key restraints are the availability of raw material and cost associated with the Ion-exchange Resin. The market size of the Ion-exchange Resins market in 2022 is estimated at around USD 1.92 billion and is expected to reach USD 2.52 billion by 2029. The Global Ion-exchange Resins market CAGR is estimated at around 4%.

Frequently Asked Questions(FAQ)

• List the market segment of this market, by type.

• Cationic resins, Anionic resins, and Adsorbent resins are some of its types.
• Which end-use industry is expected to grow fastest during the forecast period?

• Power is expected to be the fastest growing end-use industry during the forecast period.
• List the key players of this market.

• Lanxess (Germany), Purolite Corporation (US), Mitsubishi Chemical Corporation (Japan), are some of the key players of the market.
• Which region is expected to have the second largest share in this market during the forecast period?

• APAC is predicted to have the largest share in this market during the forecast period.
• What is Global Market Database?

• Global Market Database studies the ongoing trends within the market and updates the market information on a quarterly basis.

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