Ion Exchange Resins Market by Type (Cationic Resins, Anionic Resins), End-Use Industry (Power, Chemical & Petrochemical, Pharmaceutical, Food & Beverage, Metal & Mining, Electrical & Electronics), and Region - Global Forecast to 2022

The ion exchange resins market was valued at USD 1.20 Billion in 2016 and is projected to reach USD 1.56 Billion by 2022, at a CAGR of 4.4% during the forecast period from 2017 to 2022. In this study, 2016 has been considered as the base year while the forecast period that has been considered is 2017 to 2022.

The main objective of this study is to define, describe, and forecast the ion exchange resin market based on type, end-use industry, and region. In this report, the ion exchange resin market has been studied in North America, Europe, APAC, the Middle East & Africa, and South America. The report includes detailed information about the major factors such as drivers, opportunities, restraints, and challenges influencing the growth of the ion exchange resin market across the globe. The report strategically analyzes market segments with respect to individual growth trends, growth prospects, and contribution to the overall ion exchange resins market.

In this report, the size of the ion exchange resins market and its different segments has been derived from various research methodologies. In the secondary research process, different sources have been referred to identify and collect information for this study on the ion exchange resin market. These secondary sources include annual reports, press releases, and investor presentations of companies; associations such as International Water Association, Future Water Associations, and Water Quality Association; and white papers, certified publications, and articles from recognized authors. In the primary research process, sources from both, supply- and demand-side have been interviewed to obtain qualitative and quantitative information regarding the ion exchange resin market. Both, bottom-up and top-down approaches have been used to estimate the market size, in terms of value. With the data triangulation procedure and validation of data through primaries, the exact sizes of the overall parent market and individual markets have been determined and confirmed in this study on the ion exchange resins market.

The figure below illustrates the breakdown of profiles of primaries.

To know about the assumptions considered for the study, download the pdf brochure

The ion exchange resins market includes raw material suppliers, manufacturers of ion exchange resins, and end users. DowDuPont Inc. (US), Purolite Corporation (US), Mitsubishi Chemical Corporation (Japan), Lanxess AG (Germany), Ion Exchange (India) Ltd. (India), and Thermax Ltd. (India) are the leading players operating in the ion exchange resin market.

 The stakeholders in the ion exchange resins market are as follows:

• Food and Beverage Manufacturers
• Government and Regional Agencies and Research Organizations
• Manufacturers of Water Treatment Systems
• Mining Companies
• Nuclear Power Generation Companies
• Pharmaceutical Companies
• Raw Material Producers and Manufacturers of Ion Exchange Resins
• Regional Manufacturers’ Associations and General Ion Exchange Resins Conferences
• Semiconductor and Electronics Companies
• Traders, Distributors, and Suppliers of Ion Exchange Resins
• Water Treatment Companies
• Associations and Industrial Bodies
• R&D Institutions
• Environment Support Agencies

Scope of the Report

This report forecasts the revenue growth of the ion exchange resins market and provides an analysis of trends for each subsegment of the market. This research report categorizes the ion exchange resin market as follows:

Ion Exchange Resins Market By Type:

• Cationic Resins
• Anionic Resins
• Others

Ion Exchange Resins Market By End-use Industry:

• Power
• Chemical & Petrochemical
• Water & Wastewater Treatment
• Food & Beverage
• Pharmaceutical
• Electrical & Electronics
• Metal & Mining
• Others

Ion Exchange Resins Market By Region:

• Europe
• North America
• APAC
• South America
• Middle East & Africa

Each region is further segmented into the key countries in the respective regions.

Available Customizations:

The following customization options are available for this report on the ion exchange resins market:

Country Information

• Analysis of the ion exchange resin market in various other countries

Company Information

• Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Assumptions and Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Opportunities in the Ion Exchange Resins Market
    4.2 Ion Exchange Resin Market, By Type
    4.3 Ion Exchange Resin Market, By End-Use Industry
    4.4 Ion Exchange Resins Market, By Region
    4.5 APAC Ion Exchange Resin Market, By End-Use Industry and Country

5 Market Overview (Page No. - 35)
    5.1 Market Dynamics
           5.1.1 Drivers
                    5.1.1.1 Growing Urbanization in APAC
                    5.1.1.2 Increasing Demand for Nuclear Electricity Generation in Emerging Economies
                    5.1.1.3 Stringent Environmental Regulations
           5.1.2 Restraints
                    5.1.2.1 Volatility in Raw Material Prices
                    5.1.2.2 Increasing Competition From Reverse Osmosis Membrane
           5.1.3 Opportunities
                    5.1.3.1 Growing Industrialization in Emerging Economies
                    5.1.3.2 Recycle and Reuse of Water
                    5.1.3.3 Opportunities Associated With Cleaning Biodiesel
           5.1.4 Challenges
                    5.1.4.1 Finding New Applications and Lack of Awareness in Developing Regions
    5.2 Porter’s Five Forces Analysis
           5.2.1 Threat of New Entrants
           5.2.2 Threats of Substitutes
           5.2.3 Bargaining Power of Suppliers
           5.2.4 Bargaining Power of Buyers
           5.2.5 Intensity of Competitive Rivalry

6 Ion Exchange Resins Market, By Type (Page No. - 42)
    6.1 Introduction
           6.1.1 Cationic Resins
           6.1.2 Anionic Resins
           6.1.3 Others

7 Ion Exchange Resins Market, By End-Use Industry (Page No. - 47)
    7.1 Introduction
           7.1.1 Power
           7.1.2 Chemical & Petrochemical
           7.1.3 Water & Wastewater Treatment
           7.1.4 Food & Beverage
           7.1.5 Pharmaceutical
           7.1.6 Electrical & Electronics
           7.1.7 Metal & Mining
           7.1.8 Others
    7.2 Top End-Use Industry vs Country – Cross Mapping
           7.2.1 Power
           7.2.2 Chemical & Petrochemical
           7.2.3 Food & Beverage
           7.2.4 Pharmaceutical

8 Ion Exchange Resins Market, By Region (Page No. - 57)
    8.1 Introduction
    8.2 APAC
           8.2.1 China
           8.2.2 India
           8.2.3 Japan
           8.2.4 South Korea
           8.2.5 Thailand
           8.2.6 Indonesia
           8.2.7 Taiwan
           8.2.8 Australia
           8.2.9 Rest of APAC
    8.3 North America
           8.3.1 US
           8.3.2 Mexico
           8.3.3 Canada
    8.4 Europe
           8.4.1 Russia
           8.4.2 Germany
           8.4.3 France
           8.4.4 UK
           8.4.5 Italy
           8.4.6 Spain
           8.4.7 Netherlands
           8.4.8 Rest of Europe
    8.5 South America
           8.5.1 Brazil
           8.5.2 Argentina
           8.5.3 Rest of South America
    8.6 Middle East & Africa
           8.6.1 Saudi Arabia
           8.6.2 Turkey
           8.6.3 South Africa
           8.6.4 Rest of the Middle East & Africa

9 Competitive Landscape (Page No. - 95)
    9.1 Overview
    9.2 Market Ranking of Key Players
           9.2.1 DowDuPont
           9.2.2 Lanxess
           9.2.3 Purolite
           9.2.4 Mitsubhi Chemical Corporation
           9.2.5 thermax
    9.3 Competitive Situations & Trends
           9.3.1 New Product and Technology Developments
           9.3.2 Investments & Expansions
           9.3.3 Mergers, Acquisitions, & Joint Ventures
           9.3.4 Partnerships, Agreements, & Collaborations

10 Company Profiles (Page No. - 102)
     10.1 DowDuPont
             10.1.1 Business Overview
             10.1.2 Products Offered
             10.1.3 Recent Developments
             10.1.4 MnM View
     10.2 Lanxess
             10.2.1 Business Overview
             10.2.2 Products Offered
             10.2.3 Recent Developments
             10.2.4 SWOT Analysis
             10.2.5 MnM View
     10.3 Purolite
             10.3.1 Business Overview
             10.3.2 Products Offered
             10.3.3 Recent Developments
             10.3.4 MnM View
     10.4 Mitsubishi Chemical Corporation
             10.4.1 Business Overview
             10.4.2 Products Offered
             10.4.3 Recent Developments
             10.4.4 MnM View
     10.5 thermax
             10.5.1 Business Overview
             10.5.2 Products Offered
             10.5.3 Recent Developments
             10.5.4 SWOT Analysis
             10.5.5 MnM View
     10.6 Ion Exchange (India) Ltd.
             10.6.1 Business Overview
             10.6.2 Products Offered
             10.6.3 Recent Developments
             10.6.4 MnM View
     10.7 Jiangsu Suqing Water Treatment Engineering Group Company Ltd.
             10.7.1 Business Overview
             10.7.2 Products Offered
             10.7.3 Recent Developments
             10.7.4 MnM View
     10.8 Novasep Holding
             10.8.1 Business Overview
             10.8.2 Products Offered
             10.8.3 Recent Developments
             10.8.4 MnM View
     10.9 Samyang Corporation
             10.9.1 Business Overview
             10.9.2 Products Offered
             10.9.3 Recent Developments
             10.9.4 MnM View
     10.10 Resintech
             10.10.1 Business Overview
             10.10.2 Products Offered
             10.10.3 Recent Developments
             10.10.4 MnM View
     10.11 Other Players
             10.11.1 Anhui Sanxing Resin Technology Co. Ltd.
             10.11.2 Auchtel Products Limited
             10.11.3 Aldex Chemical Company Limited
             10.11.4 Bengbu Dongli Chemical Co., Ltd.
             10.11.5 Bio-Rad Laboratories, Inc.
             10.11.6 Eichrom Technologies Inc.
             10.11.7 Evoqua Water Technologies Llc
             10.11.8 Finex Oy
             10.11.9 Hebi Juxing Resin Co., Ltd.
             10.11.10 Jacobi Carbons Ab
             10.11.11 Jiangsu Linhai Resin Science and Technology Co. Ltd.
             10.11.12 Ningbo Zhengguang Resin Co., Ltd.
             10.11.13 OVIVO
             10.11.14 Sunresin New Materials Co. Ltd.
             10.11.15 Tianjin Nankai Hecheng Science & Technology Co., Ltd.

11 Appendix (Page No. - 124)
     11.1 Insights From Industry Experts
     11.2 Discussion Guide
     11.3 Knowledge Store: Marketsandmarkets Subscription Portal
     11.4 Introducing RT: Real-Time Market Intelligence
     11.5 Available Customizations
     11.6 Related Reports

List of Tables (88 Tables)

Table 1 Ion Exchange Resins Market Size, By Type, 2015–2022 (USD Billion)
Table 2 Cationic Ion Exchange Resin Market Size, By Region, 2015–2022 (USD Billion)
Table 3 Anionic Ion Exchange Resins Market Size, By Region, 2015–2022 (USD Billion)
Table 4 Other Ion Exchange Resin Market Size, By Region, 2015–2022 (USD Billion)
Table 5 Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 6 Ion Exchange Resin Market Size in Power, By Region, 2015–2022 (USD Million)
Table 7 Ion Exchange Resins Market Size in Chemical & Pharmaceutical, By Region, 2015–2022 (USD Million)
Table 8 Ion Exchange Resin Market Size in Water & Wastewater Treatment, By Region, 2015–2022 (USD Million)
Table 9 Ion Exchange Resins Market Size in Food & Beverage, By Region, 2015–2022 (USD Million)
Table 10 Ion Exchange Resin Market Size in Pharmaceutical, By Region, 2015–2022 (USD Million)
Table 11 Ion Exchange Resins Market Size in Electrical & Electronics, By Region, 2015–2022 (USD Million)
Table 12 Ion Exchange Resin Market Size in Metal & Mining, By Region, 2015–2022 (USD Million)
Table 13 Ion Exchange Resin Market Size in Other End-Use Industries, By Region, 2015–2022 (USD Million)
Table 14 Ion Exchange Resin Market Size in Power, By Country, 2015–2022 (USD Million)
Table 15 Ion Exchange Resins Market Size in Chemical & Petrochemical, By Country, 2015–2022 (USD Million)
Table 16 Ion Exchange Resin Market Size in Food & Beverage, By Country, 2015–2022 (USD Million)
Table 17 Ion Exchange Resins Market Size in Pharmaceutical, By Country, 2015–2022 (USD Million)
Table 18 Ion Exchange Resin Market Size, By Region, 2015–2022 (USD Million)
Table 19 Ion Exchange Resin Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 20 Ion Exchange Resin Market Size, By Type, 2015–2022 (USD Million)
Table 21 APAC: Ion Exchange Resins Market Size, By Country, 2015–2022 (USD Million)
Table 22 APAC: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 23 APAC: Market Size, By Type, 2015–2022 (USD Million)
Table 24 China: Economic Outlook (2016)
Table 25 China: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 26 India: Economic Outlook (2016)
Table 27 India: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 28 Japan: Economic Outlook (2016)
Table 29 Japan: Ion Exchange Resin Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 30 South Korea : Economic Outlook (2016)
Table 31 South Korea: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 32 Thailand: Economic Outlook (2016)
Table 33 Thailand: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 34 Indonesia: Economic Outlook (2016)
Table 35 Indonesia: Ion Exchange Resin Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 36 Taiwan: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 37 Australia: Economic Outlook (2016)
Table 38 Australia: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 39 Rest of APAC: Ion Exchange Resin Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 40 North America: Ion Exchange Resins Market Size, By Country, 2015–2022 (USD Million)
Table 41 North America: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 42 North America: Market Size, By Type, 2015–2022 (USD Million)
Table 43 US: Economic Outlook (2016)
Table 44 US: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 45 Mexico: Economic Outlook (2016)
Table 46 Mexico: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 47 Canada: Economic Outlook (2016)
Table 48 Canada: Ion Exchange Resin Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 49 Europe: Ion Exchange Resins Market Size, By Country, 2015–2022 (USD Million)
Table 50 Europe: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 51 Europe: Market Size, By Type, 2015–2022 (USD Million)
Table 52 Russia: Economic Outlook (2016)
Table 53 Russia: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 54 Germany: Economic Outlook (2016)
Table 55 Germany: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 56 France: Economic Outlook (2016)
Table 57 France: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 58 UK: Economic Outlook (2016)
Table 59 UK: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 60 Italy: Economic Outlook (2016)
Table 61 Italy: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 62 Spain: Economic Outlook (2016)
Table 63 Spain: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 64 Netherlands: Economic Outlook (2016)
Table 65 Netherlands: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 66 Rest of Europe: Ion Exchange Resin Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 67 South America: Ion Exchange Resins Market Size, By Country, 2015–2022 (USD Million)
Table 68 South America: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 69 South America: Market Size, By Type, 2014–2026 (USD Million)
Table 70 Brazil: Economic Outlook (2016)
Table 71 Brazil: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 72 Argentina: Economic Outlook (2016)
Table 73 Argentina: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 74 Rest of South America: Ion Exchange Resin Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 75 Middle East & Africa: Ion Exchange Resins Market Size, By Country, 2015–2022 (USD Million)
Table 76 Middle East & Africa: Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 77 Middle East & Africa: Market Size, By Type, 2015–2022 (USD Million)
Table 78 Saudi Arabia: Economic Outlook (2016)
Table 79 Saudi Arabia: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 80 Turkey: Economic Outlook (2016)
Table 81 Turkey: Ion Exchange Resin Market Size, By End-Use Industry, 2015–2021 (USD Million)
Table 82 South Africa: Economic Outlook (2016)
Table 83 South Africa: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 84 Rest of the Middle East & Africa: Ion Exchange Resins Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 85 New Product and Technology Developments, 2013–2018
Table 86 Investments & Expansions, 2013–2018
Table 87 Mergers, Acquisitions, & Joint Ventures, 2013–2018
Table 88 Partnerships, Agreements, & Collaborations, 2013–2018

List of Figures (35 Figures)

Figure 1 Ion Exchange Resins Market Segmentation
Figure 2 Ion Exchange Resin Market: Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Ion Exchange Resin Market: Data Triangulation
Figure 6 Power to Be the Largest End-Use Industry of Ion Exchange Resins
Figure 7 Cationic Ion Exchange Resins to Be the Largest Type
Figure 8 APAC Ion Exchange Resins Market to Register the Highest Cagr
Figure 9 Significant Growth in the Ion Exchange Resin Market Between 2017 and 2022
Figure 10 Cationic Ion Exchange Resins Accounted for the Largest Market Share in 2016
Figure 11 Power Was the Largest End-Use Industry in 2016
Figure 12 APAC Accounted for the Largest Market Share in 2016
Figure 13 Power Was the Largest End-Use Industry in APAC
Figure 14 Overview of Factors Governing Ion Exchange Resins Market
Figure 15 Ion Exchange Resins Market: Porter’s Five Forces Analysis
Figure 16 Cationic Ion Exchange Resins to Be the Largest Type
Figure 17 Power to Be the Largest End-Use Industry for Ion Exchange Resins
Figure 18 The Ion Exchange Resins Market in India to Register the Highest Cagr
Figure 19 APAC: Ion Exchange Resin Market Snapshot
Figure 20 North America: Ion Exchange Resin Market
Figure 21 Middle East & Africa is the Second-Fastest Growing Market, 2017–2022
Figure 22 Companies Adopted Investments & Expansions as the Key Growth Strategy Between 2013 and 2018
Figure 23 Ranking of Ion Exchange Resins Manufacturers in 2016
Figure 24 DowDuPont: Company Snapshot
Figure 25 Lanxess: Company Snapshot
Figure 26 Lanxess: SWOT Analysis
Figure 27 Purolite: Company Snapshot
Figure 28 Mitsubishi Chemical Corporation: Company Snapshot
Figure 29 thermax: Company Snapshot
Figure 30 thermax: SWOT Analysis
Figure 31 Ion Exchange (India) Ltd.: Company Snapshot
Figure 32 Jiangsu Suqing Water Treatment Engineering Group Company Ltd.: Company Snapshot
Figure 33 Novasep Holding: Company Snapshot
Figure 34 Samyang Corporation: Company Snapshot
Figure 35 Resintech: Company Snapshot

The ion exchange resins market is valued at USD 1.26 Billion in 2017 and is projected to reach USD 1.56 Billion by 2022, at a CAGR of 4.4% from 2017 to 2022.Ion exchange resins are used in a wide range of end-use industries such as power, chemical & petrochemical, food & beverages, pharmaceutical, electrical & electronics, water & wastewater treatment, and metal & mining, among others. Ion exchange resins are majorly used in nuclear power generation for controlling reactor reaction and steam generation. Ion exchange resins are widely used in the water treatment industry to remove the hardness of water and for demineralization of water. In these end-use industries, ion exchange resins are used to replace the magnesium and calcium ions with sodium ions from hard water and to remove poisonous and heavy metal ions. The growing number of infrastructure development projects is increasing the demand for electricity in various emerging economies such as India, China, and Thailand, which has led to the overall growth of the power industry.

Based on type, the cationic resins segment is estimated to account for the largest share of the ion exchange resin market in 2017. Anionic resins accounted for the second-largest market share, followed by the others segment which is expected to have the highest growth rate. Cationic and anionic resins are further classified as strong or weak acid cationic resins and strong or weak base anionic resins. Extensive use of cationic resins in water treatment applications in power, chemical, and domestic end-use industries is responsible for the high market numbers of this segment. These resins are projected to play a major role in water treatment in various industries during the next 10 years.

Among end-use industries, the power segment is projected to lead the ion exchange resin market during the forecast period. The growth of this segment can be attributed to the rising number of coal-based and nuclear power plants in various countries such as China, Japan, Poland, and India and the increasing adherence to environmental regulations by various industries for wastewater treatment.

The APAC region is the largest market for ion exchange resins, globally. The growth of the APAC ion exchange resins market can be attributed to the large industrial base in the region and increased demand for ion exchange resins from the chemical and power industries of the region. In addition, several initiatives undertaken by governments of different countries of the region to attract investments from various international companies are also expected to propel the growth of the APAC ion exchange resin market during the forecast period.

Finding new applications and lack of awareness in underdeveloped regions is a major challenge for the growth of the ion exchange resins market during the forecast period. DowDuPont Inc. (US), Lanxess AG (Germany), Purolite Corporation (US), Mitsubishi Chemical Corporation (Japan), Thermax Ltd. (India), and Ion Exchange (India) Ltd (India) are the key players operating in the ion exchange resin market. These companies have adopted various organic as well as inorganic growth strategies between 2013 and 2018 to strengthen their position in the ion exchange resin market. The strategy of investments & expansions was among the key growth strategies adopted by these leading players to enhance their regional presence and meet the growing demand for ion exchange resins from emerging economies.

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