Ion Exchange Membrane Market, By Charge (Cation, Anion, Amphoteric Ion, Bipolar Ion, Mosaic Ion), By

Published Date: | Report Code : MT2058831

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The Global Ion Exchange Membrane Market is expected to reach USD XX billion by 2028, growing at a CAGR of XX% during the forecast period. The surging demand from healthcare and electronics sector is expected to propel this ion exchange membrane market during the forecast period.

Ion Exchange Membrane Market

Ion Exchange Membrane Market

Ion exchange membranes are semi-permeable membranes in which the membrane's skeleton has an ionic functionality. These ionic species enables the separation, concentration or exclusion of ionic types from a fluid flow. On the market, there are two types of ion exchange membranes: anionic and cationic. For a multitude of industrial processes, ion exchange membranes are used. The global ion exchange membrane market is influenced by increased consciousness for the treatment of water and wastewater and the need for targeted removal to fulfill water quality standards. Furthermore, environment-related sustainability policies and rigid government regulations complement market growth. However, this growth is inhibited by massive capital requirements. Growth of this market in burgeoning-countries provides a significant opportunity for market expansion. The biggest obstacle this ion exchange membrane market faces is increasing the duration of the membrane lifespan.

Ion Exchange Membrane Market

Ion Exchange Membrane Market

The water treatment is the biggest application for ion exchange membranes across various industries. For a variety of applications, ion exchange membranes are used, including purification and separation. The membrane technology offers various advantages, such as high energy efficiency, low maintenance costs, and is eco-friendly. Over the previous few years, clean drinking water issues for drinking and sanitation across the world have risen, which can boost requirement for ion exchange membranes as they are used to remove impurities from contaminated water. In India, the Safe Drinking Water Act (SDWA) requires the administration of regulations by EPA (the United States Environmental Protection Agency) to protect human health from contaminants in drinking water. The directive authorizes EPA to develop and assure compliance with national drinking water standards. Therefore, water treatment is expected to dominate the market during the forecast period thanks to the aforementioned factors.

Due to intense demand from countries such as India and China, the Asia-Pacific region accounted for the biggest ion exchange membrane market share in 2018. In Asia-Pacific, one of the main reasons behind the high requirement for ion exchange membranes is public water treatment policies in the region's developing economies, such as China, India, and Indonesia. China's economic growth and urbanization is also likely to increase demand for ion exchange membranes as it can lead to a simultaneous increase in demand for affordable water treatment systems. The need for water conservation and reuse is increasing at a significant pace in extremely populated economies, such as China and India. Asia-Pacific is therefore anticipated to dominate the ion exchange membrane market throughout the forecast period. The Middle East is expected to develop at a rapid pace in this ion exchange membrane market especially in countries like Saudi Arabia & UAE due to increasing demand for potable drinking water.

Key Factors Impacting Growth of Ion Exchange Membrane Market:

  • Increasing demand in the healthcare sector, as patients require access to bacteria & germ-free drinking water.

  • Increasing concerns about depleting global ground water reserves.

  • Increasing demand in water & wastewater treatment plants.

  • Maintaining the average lifespan of membrane.

Key Developments:

  • In 2018, Dow Water Solutions also announced an expansion of its Edina, Minnesota, USA, membrane manufacturing operation, the third in eight years. The facility will be over 11 times the size of Dow’s original plant and will feature advanced automation technology, more membrane lines and new fabrication cells, increasing total output by an initial 25%.

  • In 2014, Ion Exchange Ltd. was awarded a big project in Sri Lanka for water infrastructure and it now wants to pursue similar projects in India, aiming at the segment garnering more than 40% of the total revenue in the coming three years.

  • In 2018, Ion Exchange has announced the expansion of its resins facility in Ankleshwar and is eyeing two more water infrastructure projects in the South East Asian region. This move will help the company expand in South East Asian ion exchange membrane market.

What Does This Report Provide?

This report provides a detailed understanding of the global ion exchange membrane market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the ion exchange membrane market during the forecast period and an in-depth analysis of the leading companies operating in the ion exchange membrane market.

Market Segmentation:

By Charge:

  • Cation

  • Anion

  • Amphoteric Ion

  • Bipolar Ion

  • Mosaic Ion

By Material:

  • Hydrocarbon Membrane

  • Perfluorocarbon Membrane

  • Inorganic Membrane

  • Composite Membrane

  • Partially Halogenated Membrane

By Application:

  • Electrodialysis

  • Electrolysis

  • Storage Batteries

  • Water Treatment

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Charge

    • By Material

    • By Application

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Charge

    • By Material

    • By Application

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Charge

    • By Material

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Charge

    • By Material

    • By Application

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Charge

    • By Material

    • By Application

  • Rest of the World

    • By Region (South America, Africa)

    • By Charge

    • By Material

    • By Application

Companies Covered: Major Companies profiled in the report which are key players in the global ion exchange membrane market. The Dow Chemical Company, Lanxess Ag, 3M Corp., Ion Exchange Ltd., ResinTech Inc., General Electric Company, Hyflux Ltd, Parker-Hannifin Corporation, Axeon Water Technologies, and GEA Filtration...

Years Considered In The Study

 

Historic Year

2016, 2017

Base Year

2018

Forecast Period

2019-2028 

CAGR % (2019-2028)

     XX %

Reasons To Buy This Report:

  • Market size estimation of the global ion exchange membrane market on regional and global basis.

  • Unique research design for ion exchange membrane market size estimation and forecast.

  • Profiling of major companies operating in the market with key developments.

  • Broad scope to cover all the possible segments helping every stakeholder in the ion exchange membrane market.

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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