Skip to main content

Global Ion Exchange Membrane Market: Rising Demand for Clean Water to Encourage Increased Demand, says TMR

The global ion exchange membrane market features the presence of a large number of suppliers, dominance of regional companies in several key markets, and growth dynamics that is highly dependent on long term contracts, and goodwill of companies, observes Transparency Market Research in a recent report. Local manufacturers with integrated operations have competitive advantage owing to the easy access to low-cost raw materials and lessened effect of volatility in raw material costs commonly observed in the global market.  
According to Transparency Market Research, the global ion exchange membrane market will exhibit a moderate 3.5% CAGR over the period between 2016 and 2024, rising from a valuation of US$868.8 mn in 2015 to US$1,178.2 mn by 2024.  

In terms of material, inorganic membrane is the most commonly consumed ion exchange membrane, as it offers high selective separation of gases such as hydrogen and oxygen. The segment presently accounts for the dominant share in the global ion exchange membrane market and is expected to retain dominance over the forecast period as well. In terms of geography, Asia Pacific dominated the ion exchange membrane market in 2015. This trend is expected to continue during the forecast period due to the increasing demand for ion exchange membrane in industries such as pharmaceuticals, healthcare, electronics, and power generation.
Rising Usage across Water and Wastewater Treatment Industry to Drive Market
The key factors driving the global ion exchange membrane market include the widening scope of the global water and wastewater treatment industries and the vast rise in usage of ion exchange membranes in the industrial gas processing segment. Of these, the use of ion exchange membranes in the water and wastewater industries is expected to have a significant and lasting positive influence on the overall development of the global ion exchange market over the next few years.
Rising awareness regarding the importance of clean and pure water among masses, encouraging government efforts to ensure proper supply of the same, and stringent regulations regarding the treatment of industrial wastewater will boost the usage of ion exchange membranes in developing markets such as Asia Pacific and Middle East and Africa. The increased use of industrial gases across industries such as petrochemical, oil and gas, mining, power, and chemical is also expected to significantly drive the global demand for ion exchange membrane in the next few years.
Concerns Regarding Contamination Caused by Ion Exchange Membranes to Restrain Market Growth
Studies have demonstrated that ion exchange membranes can themselves be a source of non-ionized organic contamination. Organics remaining after manufacture get carried on with new commercial grade ion exchange membranes, while organic fragments are shed by very old membranes as the polymer structure opens up due to decrosslinkage of the material. Such contamination may make ion exchange membranes unsuitable for many uses.
It is also often noticed that membrane beds do not filter-out bacteria or other micro-organisms. In fact, resin beds often act as a nutrient source as traces of organic matter accumulate after excessive use and indirectly help in the continued growth of microbes. Such concerns regarding the undesired side-effects of ion exchange membranes could hamper the growth prospects of the global ion exchange membrane market in the next few years.
For the study, the global ion exchange membrane market has been segmented into:
Ion Exchange Membrane Market – Charge Analysis
  • Cation Exchange Membrane
  • Anion Exchange Membrane
  • Amphoteric Ion Exchange Membrane
  • Bipolar Ion Exchange Membrane
  • Mosaic Ion Exchange Membrane
Ion Exchange Membrane Market – Material Analysis
  • Hydrocarbon Membrane
  • Perfluorocarbon Membrane
  • Inorganic Membrane
  • Composite Membrane
  • Partially Halogenated Membrane
Ion Exchange Membrane Market – Structure Analysis
  • Heterogeneous Membrane
  • Homogenous Membrane
Ion Exchange Membrane Market – Application Analysis
  • Electrodialysis
  • Electrolysis
  • Chromatographic Separation
  • Desalination
  • Waste water Treatment
  • Radioactive Liquid Waste Treatment
This review of the market is based on a recent market research report published by Transparency Market Research titled “Ion Exchange Membrane Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
Labels:
Location: Albany, NY, USA

Comments

Post a Comment

Popular posts from this blog

Global Epoxy Curing Agents Market - Projected to Scale-Up by construction, adhesive, Wind Energy Application to 2022.

“Global Epoxy Curing Agents Market Market Professional Survey Report 2017-2022” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. Global Epoxy Curing Agents market   Report is a professional and in-depth research report on the world’s major regional market conditions of the Epoxy Curing Agents market, focusing on the main regions (North America, Europe and Asia) and the main countries (United States, Germany, Japan and China). Based on application, the wind energy segment is projected to witness the highest growth from 2017 to 2022, both in terms of value and volume. Wind blades manufacturing is one of the major applications for epoxy curing agents. The depletion of fossil fuels and their volatile prices have resulted in increased energy cost with rise in demand. This research report provides an in-depth analysis of the global Epoxy Curing Agents Market based on enterprise size, services, solution, end-use industry, and geography. The report also prov...
Post a Comment
Read more

Glass Fiber Reinforced Gypsum Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025

Glass Fiber Reinforced Gypsum (GFRG) is a composite application utilizing naturally occurring mineral gypsum combined with reinforcing fibers. It may also contain polymers to increase product strength. The molding process can be either hand lay-up or a chopped strand spray method. Stereotypically, the end product is used for indoor applications with negligible exposure to moisture or other environmental elements. Completed composites are in the form of ornamental or decorative columns, pillars and facades. With the slowdown in world economic growth, the global market has also suffered a certain impact, but still maintained a relatively optimistic growth. In terms of revenue, the Global Glass Fiber Reinforced Gypsum Market was valued at US$ 458.49 Mn in 2016 and is expected to reach US$ 888.35 Mn by 2025, expanding at a CAGR of 7.6% from 2017 to 2025. The Global Glass Fiber Reinforced Gypsum Market is boosted by factors such as: ·       ...
3 comments
Read more

LiDAR Services Market by GIS Services, Asset Management, Aerial Surveying, Ground-Based Surveying Services - Comparative Analysis 2025.

Research N Reports offers latest published report “ LiDAR Services Market – Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025”. The author of the report analyzed that the Global LiDAR Services Market accounted for US$  784.8  million  in 2016. LiDAR is a term that stands for Light Detection and Ranging. It is a remote sensing strategy that measures ranges using light as a pulsed laser. LiDAR is additionally a surveying method that measures target distance by illuminating it. LiDAR is the apex of the mapping technology. It is additionally the most recent advancement in the surveying technology. The LiDAR Services Market, which was esteemed at US$ 784.8 million in 2016, is relied upon to achieve an estimation of US$ 2926.3 million by 2025, developing at a CAGR of 15.9% amid the forecast time frame 2017-2025. Increasing utility of direct visualization and automated door modeling are some of the major drivers driving the market. Inc...
Post a Comment
Read more