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Ion Exchange Membrane Market: Growing Demand for Fresh and Clean Drinking Water Ups Consumption,TMR

Transparency Market Research (TMR) states that the competitive landscape in the   global ion exchange membrane market   is likely to intensify in the coming years. Some of the key players in the market are 3M, Lanxess, The Dow Chemical Company, and Ion Exchange Ltd. The regional and local companies seem to have a greater dominance in the market due to their long-term contracts and goodwill. However, big companies are expected to gain advantage in the coming few years due to their ability to acquire low-cost raw materials.  The research report states that the opportunity in the global ion exchange membrane market will be worth US$1,178.2 mn by 2024 from US$868.8 mn in 2015. During the forecast period of 2016 and 2024, the global market is projected to pace ahead at a CAGR of 3.5% as the demand for clean water continues to be on the rise.  Obtain Report Details @   http://www.transparencymarketresearch.com/ion-exchange-membrane-market.html Developi...

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 accou...