The global cation exchange resin market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Cation exchange resin or ion-exchange polymer is a composite or polymer that acts as a cation exchange. It is an insoluble matrix usually in the form of small beads, usually white or yellow, composed of an organic polymer substrate. The rapid industrial development, especially in Asia, is similar to the rising demand for industrial water. Increased water pollution in some major regions such as Asia drives the need for water purification technology. The energy sector poses a great need for water purification. Weak acid exchange residues and solid acid exchange metals are used for municipal and industrial water purification. The increased demand for municipal and industrial water and wastewater treatment is expected to further drive the demand of cation exchange particles across the globe during the forecast period. However, cation exchange resins do not remove microorganisms such as bacteria in the feed water, sometimes contributing to the growth of germs.
Additionally, the growing demand for innovation in the global cation exchange resin market canefficiently provide applications. Continuous improvement of the portfolio is another key to staying competitive in the global cation exchange resin market. In October 2019 Clariant launched a new state-of-the-art Wastewater Treatment Plant (WWTP) at the Industrial & Consumer Specialties site in Bonthapally, India. The zero-emission industry has the capacity to wash 300 kilograms of wastewater per day. There has been a rapid increase in the use of cation-exchange resins for water treatment due to the presence of various pollutants such as contaminants, factory contaminants, and pathogenic microorganisms in drinking water. It is also one of the major factors contributing to the development of the global cation exchange resin market.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- By End-user
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape-Bio-Rad Laboratories Inc., DuPont de Nemours Inc., Ion Exchange Ltd., Mitsubishi Chemical Corp., and Thermax Ltd.,among others.
A full report is available at: https://orionmarketreports.com/global-cation-exchange-resin-market/93767/
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Product
- By End-User
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Baxter International Inc, Molecular Matrix Inc, and Bioventus among others.
Global Cation Exchange Resin Market Report by Segment
By Type
- Cationic Resins
- Anionic Resins
- Others (Adsorbent Resins & Chelation Resins)
By Application
- Water
- Non-water
By End-user
- Water &Wastewater
- Pharmaceutical
- Mining
- Electrical & Electronics
- Power Generation
- Nuclear
- Food & Beverage
- Chemical
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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