Ion Exchange Resin Market Analysis

End-user (Power, Electronics, Chemical & Petrochemical, Pharmaceutical, Food & Beverage)

The global ion exchange resin market is segmented and analyzed for demand and supply by end-user industry into power, electronics, chemical & petrochemical, pharmaceutical, and food & beverage. Out of the five end-use industries of ion exchange resin, the power segment is estimated to gain the largest market share in the year 2037. The growth of the segment can be attributed to the rise in the number of nuclear reactors. In the world there were nearly 439 nuclear reactors in use as of May 2022, spread over about 30 different nations. At the time, the United States led the world with around 92 operational nuclear power reactors. In several systems in nuclear power reactors, ion exchange resins are utilized to remove particular impurities. The advanced liquid processing system (ALPS), condensate polishers, reactor water cleanup, lithium removal beds, deborating beds, and steam generator blowdown are the few systems of a nuclear plant that uses ion exchange resin. Moreover, various types of resins are used in the plant including anions, cations, and mixed beds.

Type (Cationic Resins, Anionic Resins)

The global ion exchange resin market is also segmented and analyzed for demand and supply by type into cationic resins, and anionic resins. Amongst these two segments, the cationic resins segment is expected to garner a significant share of around 60% in the year 2037. Cationic resins are used in various industries for the purpose of demineralization, dealkalization, and other treatment of water. The need for water treatment is further boosted by the growing prevalence of urbanization. Positively charged ions in solution are drawn to negatively charged functional groups found in cation exchange resins, it is used in removing positive ions from contaminated water. Weak acid cation resins are typically employed in water treatment to eliminate the divalent ions linked to alkalinity. When water has a hardness-to-alkalinity to alkalinity ratio of 1:1 or above, weak acid cation resins perform at their best efficiency. On the other hand, strong acid cation resins may be utilized for split-stream dealkalization.

Our in-depth analysis of the global market includes the following segments: