PUBLISHER: BCC Research | PRODUCT CODE: 1346095
PUBLISHER: BCC Research | PRODUCT CODE: 1346095
The global market for ion exchange materials is estimated to increase from $3.1 billion in 2023 to reach $4.8 billion by 2028, at a compound annual growth rate (CAGR) of 9.0% from 2023 through 2028.
Asia-Pacific market for ion exchange materials is estimated to increase from $1.5 billion in 2023 to reach $2.4 billion by 2028, at a CAGR of 10.6% from 2023 through 2028.
North American market for ion exchange materials is estimated to increase from $845.8 million in 2023 to reach $1.3 billion by 2028, at a CAGR of 8.8% from 2023 through 2028.
This report will cover the ion exchange materials industry. Definitive and detailed estimates and forecasts of the global market are provided, followed by a detailed analysis of the ion exchange resins/beads and membranes, application, and regions. It will also focus on the regulations and government-supported programs impacting this market. Regionally, the focus of study will be the markets of North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
While applications for ion exchange materials other than those mentioned above do exist-sensors, for example-the market size for the materials in these industries is comparatively small. Therefore, these technologies are not covered within the scope of this report. In fact, only the applications and geographical regions listed in this chapter are considered in the subsequent market sections.
The report focuses on the global market for ion exchange materials by form factor (resin/beads, membranes), by end user (energy generation and storage [fuel cell systems, water electrolysis systems, redox flow batteries], water technologies [electrodialysis, ultrapure water generation, water softening, demineralization, wastewater treatment], separation and chemicals production [chlor-alkali processes, ion exchange chromatography, chemical catalysis, metal extraction and purification], power generation and electricity [condensate polishing, nuclear waste remediation], food production [sugar production, beverage production], pharmaceutical production {drug delivery, isolation and purification of biochemical substances]).
The report concentrates on ion exchange materials that are currently in commercial use or are likely to be commercialized by 2028. Other applications that, while promising, are not likely to make it out of the laboratory by 2028 are not covered in depth. Sales value estimates are based on prices in the supply chain. Market-driving forces and industry structure are examined. International aspects are analyzed for all global regions.
Figure A : Data Source: Global Market for Ion Exchange Materials