ION EXCHANGE RESINS MARKET ANALYSIS

The availability of alternative technologies is significantly restraining the growth of the global ion exchange resins market. Technologies like membrane separation processes and activated carbon are posing a serious threat to the ion exchange resin market. Membrane separation processes utilize nano-filtration and reverse osmosis techniques for separation of ions and purification of water. These processes provide higher purification efficiency and require lower capital and operating costs compared to ion exchange resins over the long-term. Many end-use industries are preferring membrane separation over ion exchange resins for their treatment needs. The power, chemical, food & beverage industries have widely adopted membrane technologies for diverse purification applications in the last 5-7 years.

Market Opportunities: Emerging economies in Asia Pacific and Middle East & Africa

The emerging economies in Asia Pacific and Middle East & Africa regions present a huge growth opportunity for the global ion exchange resins market. These regions are witnessing rapid industrialization and infrastructure development which is increasing the demand for treated water.

Overall, the booming economic conditions, increasing industrial water footprint and expanding access to clean water in Asia Pacific and Africa are poised to catapult the ion exchange resins market to new heights in the coming years. The continued heavy investments in key industries and infrastructure hold out the promise of sustained demand well into the future.