An ion exchange resin is a kind of insoluble type matrix that is very small in size. Ion exchange resins are developed from the organic polymer’s substrate. The surface of ion exchange resins comprises of pores which helps in releasing or capturing ions easily. There are different types of ion exchange resins that are developed according to different characteristics of different type of ions. Ion exchange resins are very useful in water purification, separation processes, and decontamination processes. As a result of such vital characteristics of ion exchange resins it has wide applications in water purification and chemical industries.
This factor is largely fuelling the ion exchange resins market globally. The growing global population, lack of resources and urbanization are the factors that are generating demand for ion exchange resins. These factors are in turn necessitating the demand for purification and thereby driving the market.
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The lack of awareness in the underdeveloped regions and high costs involved in manufacturing the ion exchange resins are the major inhibitors of the market. The growing applications in the field of life sciences, ion exchange resins are witnessing increased demand in the chromatography and spectrometry sectors. As ion exchange resins are beneficial in separation and decontamination processes, its market will experience new opportunities in the near future.
Some of the key players in the market are, ResinTech Inc., Dow Chemical Thailand Co. Ltd., Thermax Limited, Thermax Chemicals, Jiangsu Suqing Water Treatment Engineering Group Co., Bayer AG, Finex Oy, Azot JSC, Tokem JSC, Eichrom Technologies Inc., Lanxess AG, Mitsubishi Chemical Corporation, Purolite Corporation, Cognis Deutschland GmbH & Co. KG, Taiyuan Resin Factory, Dow Water & Process Solutions, Rohm and Haas Company, and others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
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