NEW YORK, July 20, 2017 /PRNewswire/ --
• The global market for ion exchange materials should reach $9.5 billion by 2021 from $5.5 billion in 2016 at a compound annual growth rate (CAGR) of 11.8%, from 2016 to 2021.
• The water technologies market is the largest sector of the ion exchange materials market. The market is expected to grow from $1.8 billion in 2016 to $2.5 billion in 2021 at a CAGR of 6.7% for the period 2016-2021.
Read the full report: http://www.reportlinker.com/p05002441/Ion-Exchange-Materials-Technologies-and-Global-Markets.html
• The energy storage and generation sector of the ion exchange materials market is expected to grow from $1.0 billion in 2016 to $3.3 billion in 2021 at a CAGR of 26.5% for the period 2016-2021.
Introduction
Ion exchange materials are a critical component in advanced technologies. They are used in many market segments and applications globally. Their use is crucial for the effective and efficient operation of many technologies encompassing diverse applications from commodity chemicals to water purification technologies. Among all their application segments, they are used for separations, purifications, columns and a variety of chemical processes that produce components we use in our daily lives.
A list of the technologies and market segments that ion exchange materials play an important role is presented below:
• Energy Generation and Storage Technologies.
• Water Technologies.
• Power Generation.
• Chemical Processes.
• Chemical Separations.
• Food Production.
• Pharmaceutical Processes.
Albeit, there are other applications in which one could use ion exchange materials and processes, these other and newer applications will not be covered extensively in this report. The applications and markets discussed and researched herein are currently the main and larger markets for ion exchange materials.
Study Goals and Objectives
This report will focus on the growth trends and technologies in the ion exchange materials field. The purpose of the report is to outline and forecast the trends and technologies of ion exchange materials. New technologies and world policy trends are affecting this market significantly. By means of the report, the ion exchange market size will be estimated, and the opportunities in the field will be identified.
The objectives of the report are to:
• Estimate market size by region.
• Estimate market size by application.
• Estimate market size by segment.
• Forecast growth trends by region.
• Forecast growth trends by application.
• Forecast growth trends by segment.
• Summarize the technology.
• Summarize the growing trends in the industry.
• Introduce new technologies that will impact growth in the market.
• Profile established companies in the field.
• Profile upcoming companies in the field.
The objectives of the report are to provide global market estimates and growing technology trends in the Ion Exchange Materials sectors. The information and estimates contained herein are provided as educated guesses and should be used as such. The opportunities in the ion exchange materials market will be enumerated and detailed for this time period.
Reasons for Doing This Study
New and growing technology trends suggest that the use of ion exchange materials will continue to grow over the next five years. Technologies ranging from clean water to pharmaceutical applications will need ion exchange materials for their efficient operation and to produce many of the substances we use throughout our lives.
In the past, market research reports have been divided between ion exchange resins and ion exchange membrane technologies. As such, many times the reports cover commodity chemicals in the case of ion exchange resins and some ion exchange membranes; while others focus on specialty chemicals like some ionomers and ion exchange membranes. There are a limited number of reports that cover all the technologies encompassing ion exchange materials.
This report will cover all the major technologies in which ion exchange materials are used. The technologies covered herein use both commodity chemicals and specialty chemicals. This report covers applications where ion exchange membranes are used in applications like fuel cells. In addition, the report will also include applications like water softening, where less expensive ion exchange resins are produced. The price points and markets for these technologies range depending on the application as well as the type of chemical. Readers of this report will find a comprehensive guide to the use of ion exchange materials globally and the technologies in which they are used.
Scope of Report
The report's scope focuses on the ion exchange materials by application and region. The applications of the ion exchange materials will be discussed. In addition, the report will cover how the ion exchange material is used in the selected application. The geographical scope of the report will focus on the global markets, specifically where the ion exchange materials are used and sold. The companies covered herein are from all geographies.
Information Sources
The information collected in this report encompasses primary and secondary sources. The analyst interviewed some industry experts and looked at global trends in the selected applications to forecast and estimate market sizes, growth trends and the compound annual growth rates (CAGR).
The information sources used to generate this report include:
• Surveys.
• Interviews.
• SEC filings.
• Press releases.
• Industry presentations.
• Several databases.
Methodology
The methodology used to generate this report used, as a point of reference, the actual and expected market size for the applications using the ion exchange materials. The markets were later deconvoluted into what segments of the applications market are comprised of by the ion exchange material.
Afterward, the analyst looked at changes in the industries caused by worldwide trends to compute a forecast. The CAGR estimates were generated using such patterns to predict growth and market size. In some instances, the analyst used information collected from industry interviews and investor presentations to generate more accurate predictions of the market growth and overall direction of the ion exchange materials industry. Estimated market values are based mostly on manufacturers' total revenues.
Geographic Breakdown
In this report, the geographic regions considered for market analysis include, and only include:
North America
• United States.
• Mexico.
• Canada.
Europe
• France.
• Germany.
• Italy.
Asia-Pacific
• China.
• India.
Rest of World.
Summary and Highlights
The ion exchange materials market including both ion exchange resins and ion exchange membranes is estimated to reach $9.5 billion by 2021; this represents a compound annual growth rate (CAGR) estimate of 11.8%. The summary of the market data by end use is presented in the following table.
The fastest growing application segment for ion exchange materials is in energy storage and generation technologies. The growth in energy storage and generation technologies is estimated to be 26.5% CAGR. This increase is driven by continued adoption of fuel cell technologies and the infrastructure associated with it. Many companies believe that advancements in materials and continued adoption of technology will power growth in these markets. Currently, ion exchange materials' largest market segment is with water technology applications.
Water technology uses both ion exchange membranes and resins, but primarily resins in terms of amounts of materials sold. The CAGR for this segment is estimated to grow at a CAGR of 6.7%. It is expected that membrane-based applications will eventually have higher market values than ion exchange resins. The growth rate in the ion exchange membrane segment is estimated to be greater than for ion exchange resins. More information on the market breakdown by ion exchange materials form factors will be presented in following chapters of this report.
Read the full report: http://www.reportlinker.com/p05002441/Ion-Exchange-Materials-Technologies-and-Global-Markets.html
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