Ion Exchange Resins Companies

The ion exchange resins market size is projected to grow from USD 2.13 billion in 2024 to USD 2.83 billion by 2030, registering a CAGR of 4.8% during the forecast period. The global demand for ion exchange resins is on the rise due to expanding water treatment activities, particularly in emerging economies. Moreover, the escalating use of ion exchange resins in end use industries like power, chemicals & petrochemicals, food & beverage, pharmaceuticals, fuels the need for ion exchange resins.

Ion Exchange Resins Companies

The ion exchange resins market is expected to continue to grow in the coming years due to the factors mentioned above. The key players in the market are focusing on developing innovative and new products to meet the growing demand. They are also expanding their geographic reach to tap into new market players. They have adopted various strategies to ensure long-term growth and strengthen their market positions. These strategies enable them to efficiently meet the growing demand for type, application, and end use industry. Also, companies operating in this market, such as DuPont de Nemours, Inc. (US), LANXESS (Germany), Mitsubishi Chemical Group Corporation (Japan), Samyang Corporation (South Korea), Ecolab (US), JACOBI RESINS (Sweden), Ovivo (Canada), IEI (India), Thermax Limited (India), and Sunresin New Materials Co.Ltd. (China) adopt acquisitions, new brand launches, agreements, expansions, collaborations, and partnerships to increase their market shares and expand their geographic presence.

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DuPont de Nemours, Inc. is one of the leading manufacturers of ion exchange resins. The company operates in three business segments: water & protection, electronics & industrial, and corporate & others. It provides ion exchange resins under the water & protection segment. DuPont de Nemours, Inc., through its water & protection segment, provides products for several industries like water purification and separation, energy, medical packaging, transportation, and building materials. The company provides various brands under the water & protection segment, including KEVLAR high-strength materials, NOMEX thermal-resistant materials, CORIAN solid surfaces, TYVEK selective barriers, FILMTEC reverse osmosis elements, AMBERLITE ion exchange resins, STYROFOAM insulation and GREAT STUFF insulating foam sealantsThe company sold resins previously under the Dowex trademark but they have been now rebranded as the Amber series by DuPont de Nemours, Inc. The company has its main operations in Asia Pacific and North America, and a presence in Europe, the Middle East & Africa, and South America. The company has subsidiaries in about 50 countries worldwide and manufacturing operations in about 24 countries.

LANXESS is one of the leading manufacturers of ion exchange resins. It operates into four segments: consumer protection, specialty additives, advanced intermediates, and others. It provides ion exchange resins under the consumer protection segment. The company provides ion exchange resins under the brand name Lewatit. In addition to the conventional resins, the company offers sustainable resins made of renewable raw materials. Lewatit Scopeblue resins, such as Lewatit S 8227 Scopeblue and Lewatit S 8229 Scopeblue, consist of more than 90% bio-based materials and have a significantly reduced carbon footprint compared to their fossil-based counterparts. LANXESS operates at 55 production sites and has its operations in over 17 countries across Asia Pacific, North America, Europe, the Middle East & Africa, and South America. The company has its main R&D sites at Leverkusen and Mannheim, Germany, and Naugatuck, Kalama and Wilmington, US.

ECOLAB is one of the leading developers and manufacturers of ion exchange resins. The company provides ion exchange resins through its Purolite resins product line. Purolite was acquired by Ecolab in 2021 for USD 3.7 billion. Ecolab's acquisition of Purolite introduced a rapidly growing leader in biopharma and industrial purification solutions, characterized by robust profit margins. This deal significantly enhanced the prospects of Ecolab in the high-growth, high-margin life sciences sector, particularly in areas such as the purification of mRNA vaccines and monoclonal antibodies used in cancer treatments. Ecolab operates in four business segments: global industrial, global institutional & specialty, global healthcare & life sciences, and others. The company provides ion exchange resins under the global healthcare & life sciences segment. It operates around 100 manufacturing facilities, out of which 14 are in the US, and the rest are spread across 38 countries. The company has a strong international presence with operations in more than 40 industries across more than 170 countries. It serves more than 3 million customers at different locations

Mitsubishi Chemical Group Corporation is one of the leading providers of ion exchange resins globally. The company operates in Six segments: industrial gases, speciality material, basic material, healthcare, MMA segment, and others. It provides ion exchange resins under the speciality material segment. The company provides ion exchange resins under the brand name DIAION series.It operates globally with its operations in countries like Japan, the US, Singapore, and Thailand. Mitsubishi Chemical Group Corporation was formed from the merging of Mitsubishi Chemical Corporation and Mitsubishi Pharma Corporation. Mitsubishi Corporation, which is a parent company of Mitsubishi Chemical Group Corporation, is a global integrated business enterprise which develops and operates business together with its global network of around 1800 group companies.

Samyang Corporation is the leading producer of ion exchange resins in South Korea and is one of the leading producers of the same globally. The company operates in three business segments: chemicals, foods, and others. It provides ion exchange resins under the chemicals segment. It has a diverse portfolio under the chemicals segment and offers ion exchange resins under the brand name TRILITE. It offers various resins like strong acid cation ion exchange resins, strong basic anion ion exchange resins, and weak acid cation ion exchange resins. Samyang Corporation operates in more than 50 countries globally, and its main operations are in South Korea. It has around 400 partners around the world.

Related Reports:

Ion Exchange Resins Market by Type (Cationic Resins, Anionic Resins), Application (Water, Non-Water), End-Use Industry (Power, Chemical & Petrochemical, Pharmaceutical, Food & Beverage), and Region- Global Forecast to 2030