Increase in applications of ion exchange resins in major industries such as pharmaceuticals, nuclear power generation, and water treatment plant has played an important role in the growing demand of the ion exchange resins market. These resins are extensively used for removing chlorine and other hazardous metals such as lead and cadmium from the water, thus making it suitable for use. In addition, they are used in replacing the magnesium and calcium ions found in hard water with sodium ions, thereby eliminating the hardness of water. They can be reused after being washed with solution having high concentration of sodium ions. However, the resins that are used for domestic purposes are not reusable.
Asia-Pacific holds the major share of the global ion exchange resin market, due to the rapid developments in the power generation and water treatment plants in the emerging economies such as India and China. The market in North America is expected to grow significantly, owing to the expansion of the growing pharmaceutical, mining, and nuclear power industries.
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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
The report presents in-depth insights into each of the leading Ion exchange resins end user verticals along with annual forecasts to 2027. The report provides revenue forecast with sales, and sales growth rate of the global Ion exchange resins market. The forecasts are also provided with respect to the product, application, and regional segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.
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Top 10 leading companies in the global Ion exchange resins market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and Ion exchange resins products and services. The key players operating in the global Ion exchange resins industry include DuPont de Nemours Inc., Lanxess, Purolite Corporation, Mitsubishi Chemical Corporation.
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.
Highlights of the Report:
- Competitive landscape of the Ion exchange resins market.
- Revenue generated by each segment of the Ion exchange resins market by 2029.
- Factors expected to drive and create new opportunities in the Ion exchange resins industry.
- Strategies to gain sustainable growth of the market.
- Region that would create lucrative business opportunities during the forecast period.
- Top impacting factors of the Ion exchange resins market.
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