DALLAS, January 8, 2015 /PRNewswire/ --
The research report, "Ion Exchange Resins Market by Type (Cation Exchange Resins, Anion Exchange Resins, Chelation Resins and Adsorbent Resins), By Application (Power Generation, Water & Wastewater treatment, Chemical Processing, Pharmaceuticals, Food & Beverages, Electronics/Electricals, Mining and others) and by Region - Global Trends & Forecasts to 2019", published by MarketsandMarkets, The Ion Exchange Resins Market is poised to reach $2,034.64 Million by 2019.
Browse 82 Market Data Tables and 46 Figures spread through 130 Pages and in-depth TOC on"Ion Exchange Resins Market".
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It also identifies the driving and restraining factors for the ion exchange resins market with an analysis of trends, opportunities, burning issues, and winning imperatives. The market is segmented and has been forecasted on the basis of major regions such as North America, Asia-Pacific, Europe, and Rest of the World (ROW). Further, the market is segmented and market size is forecasted on the basis of major applications of ion exchange resins used in various industries such as power generation, water & wastewater treatment, chemical processing, pharmaceuticals, food & beverages, electrical & electronics, mining and others.
Power generation - major market for ion exchange resins
The ion exchange resins market is segmented into four types: cation exchange resins, anion exchange resins, chelation resins and adsorbent resins. These individual ion exchange resin types have application specific demands that are differentiated by placement, cost, and efficiency.
Global ion exchange resins market to reach $2,034.64 million by 2019
The market for cation exchange resins market in terms of value is projected to reach $983.33 million by 2019, growing at a CAGR of 6.32% from 2014 to 2019. The Asia-Pacific region dominated the ion exchange resins market in 2013 and is expected to be the fastest growing market in terms of value, from 2014 to 2019, owing to rising consumption in this region, where end-user markets of ion exchange resins are growing especially in power generation and water & wastewater treatment.
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Asia-Pacific & North America accounted for more than 70% share in ion exchange resins market in 2013
Asia-Pacific is the prime consumer of ion exchange resins, globally. Asia-Pacific and North America together accounted for more than 70% of the ion exchange resins market in 2013. While North America is the mature market for ion exchange resins. Asia-Pacific is projected to grow at a healthy CAGR from 2014 to 2019, backed by the growing population and increasing demand of nuclear power. Asia-Pacific is expected to dominate the ion exchange resins market by 2019, with high investments from manufacturers for the expansion of production capacities due to growing demand of ion exchange resins in power generation industry.
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