Ion exchange membranes are semipermeable membranes that conveyance dissolved ions across conductive polymeric membranes. There are two types of ion-exchange membranes: ionic and anionic. These membranes are made of ion exchange resins and polymers. These membranes are used in electrodialysis, wastewater treatment, desalination, and other chemical recovery applications. They transfer ions from one solution to another solution with little passage of water.
According to the study, “Global Ion-exchange Membrane Market Status (2015-2019) and Forecast (2020-2024) by The region, Product Type & End-Use” the key companies operating in the global ion-exchange membrane market are Dow Chemical Company, ResinTech Inc., 3M, Toray Industries Inc., Lanxess, Evergreen Technologies Pvt. Ltd, General Electric Company, Ion Exchange, Merck KGaA, Pure Water Scandinavia AB. Key market players are emphasizing on expanding their product by increasing their applications. Additionally, optimization of the manufacturing ways has resulted in the development of ion-exchange membranes with better chemical stability. Moreover, various companies are working on developing a cost-effective & environment-friendly ion exchange membranes to increase their share in the global ion exchange market.
Based on structure type, the ion-exchange membrane market is segmented into the homogeneous membrane and heterogeneous membrane. Based on charge analysis, the market is segmented into the cation exchange membrane, bipolar ion exchange membrane, anion exchange membrane, amphoteric exchange membrane, and mosaic exchange membrane. Based on material, the market is segmented into the hydrocarbon membrane, inorganic membrane, perfluorocarbon membrane, composite membrane, and partially halogenated membrane. The inorganic membrane segment is anticipated to witness higher growth rate due to its advantages over organic membrane during the forecast period. In addition, based on application, the market is segmented into electrodialysis, chromatographic separation, electrolysis, wastewater treatment, desalination, and radioactive liquid waste treatment. Electrodialysis is a process in which ions move from one place to another place with the help of an electric charge. Chromatographic separation is a process in which the purification of fluid is carried out with separation technique and separation occurs between stationary and mobile phases. Electrolysis is a purifying water process with the help of electric current that leads to chemical changes in fluid, thereby resulting in purification. Desalination is a process of removing minerals from water. Additionally, radioactive liquid waste treatment is carried out before the discharge of water into the river or sea.
The ion-exchange membrane market is driven by an increase in demand from wastewater treatment, followed by a surge in demand from the healthcare and electronics sector, an increase in policies related to the environment, a rise in stringent government regulations and an increase in the need for selective separation to meet water quality standards. However, the rise in health concerns due to non-ionized organic contamination may impact the market. Moreover, growth in demand from emerging nations is a key opportunity for the market.
Based on geography, the Asian-Pacific region holds a major share in the ion-exchange membrane market owing to an increase in government policies concerning water treatment in the developing economies of the region, like India, China, and Indonesia. Whereas, the North-American and European regions are estimated to witness higher growth rate due to expansion in the industrial gas processing industry over the forecast period.
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