Ion Exchange Resins Market, By Product Type (Cation Exchange Resins, Anion Exchange Resins, and Others), By Application (Power Generation, Chemical & Fertilizers, Food & Beverages, Electrical & Electronics, Pharmaceuticals, Paper & Pulp, Domestic & Wastewater Treatment, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jul 2024

Code : CMI349

Pages :120

Formats :

Excel and PDF

Industry : Advanced Materials

Market Concentration and Competitive Landscape

Ion Exchange Resins Market Concentration By Players

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Rising use in industrial processing across diverse end-use industries

Ion exchange resins are extensively used across diverse process industries such as power generation, pharmaceuticals, food and beverages, semiconductors, chemicals and petrochemicals for various applications like polishing of process water, removal of impurities from boilers, and purification in production streams. With robust economic growth and rapid industrialization witnessed globally over the past decade, the demand from the industrial processing sector has significantly increased.

For instance, in the power sector, ion exchange resins are utilized to remove dissolved solids, suspended solids and ions from boiler feed water and cooling tower blowdown. This enhances the efficiency of steam generation and prevents scale deposits as well as corrosion inside boilers. Similarly, in semiconductor manufacturing, ultrapure water production using ion exchange resins is indispensable. Their use ensures the elimination of ionic and organic contaminants to parts per trillion levels.

Key Players Insights