Market Research Future Published a Research Study on Chelating Resin Market Research Report, Size, Share and Industry Analysis - Forecast to 2025
Competitive Landscape
The
notable players in the global chelating resin market include SERVA
Electrophoresis GmbH (Germany), Thermax Global (India), Sunresin New
Materials Co. Ltd. Xian (China), Ajinomoto Fine-Techno Co., Inc.
(Japan), Purolite (U.S.), Zibo Dongda Chemical Industry Co., Ltd.
(China), Suqing Group (China), Ningbo Zhengguang Resin Co., Ltd (China),
Merck KGaA (Germany), Bio-Rad Laboratories, Inc. (U.S.), Mitsubishi
Chemical Corporation (Japan), Thermo Fisher Scientific (India), Samco
Technologies, Inc. (U.S.), DowDuPont, Inc. (U.S.), and LANXESS
(Germany).
Industry Updates
In October
2018, LANXESS Liquid Purification Technologies, a leading supplier of
products for treating water and other liquid media, presented their new
chelating resin at the FlemionTM Seminar held in Amsterdam. The new
class of ion exchange resins will enhance the efficiency of brine
treatment in chlor-alkali electrolysis.
Get a FREE Sample @ https://www.marketresearchfuture.com/sample_request/841
Chelating Resin Market- Overview:
Chelating
resins refer to a special type of ion exchange resin which exhibits the
properties of high selectivity and high bonding strength over other
types of resins. The global chelating resin market is expected to grow
significantly and reach a substantial market valuation over the forecast
period of 2018-2023, asserts Market Research Future (MRFR) in an
in-depth study.
Chelating resins are primarily used in water
treatment which is a key factor in enhancing the growth of the market.
Chelating resins are capable of selectively absorbing desired substances
from water and are ideally suited for application in water treatment
plants. Urbanization has raised the demand for usable water, thus,
increasing water treatment activities. Increasing concerns regarding the
safety and purity of water have spurred the demand for chelating resins
consequently boosting the global chelating resins market.
The
mining and metallurgy industry is a major end-user of chelating resin
market where they are utilized on account of their high selectivity and
bonding strength. Additionally, chelating resins experience high demand
from the construction, chemical and automotive industry which is likely
to stimulate the growth of the market. Expansion of the construction and
automotive industries, especially in the emerging economies due to a
rise in disposable income, industrialization, and urbanization has
further induced growth within the global chelating resin market.
Substantial
investment in R&D activities by key players in recent years has
resulted in the development of improved chelating resins with superior
characteristics which further augments the growth of the market. On the
other hand, market growth might be hindered by the development of other
alternative technologies such as dual mechanism bifunctional polymers
(DMBPs). Besides, regulations pertaining to indiscriminate mining are
also expected to affect the growth of the market negatively.
Segmentation
The global chelating resin market has been segmented based on functional group and application.
By
the basis of the functional group, the global chelating resins market
has been segmented into polyamine, glucamine, iminodiacetate, amino
phosphate acid, sulphydryl, thiourea, aminomethyl phosphoric, fluoride
selective, and others.
By application, the global chelating resins
market has been segmented into water treatment, mining &
metallurgy, pharmaceuticals, food & beverages, and others.
Browse Key Industry insights spread across 125 pages with 34 market data tables & 10 figures & charts from the Report, “Global
Chelating Resins Market Research Report: By Functional Group
(Iminodiacetate, Polyamine, Glucamine, Thiourea, Amino Phosphate Acid,
Sulphydryl, Fluoride Selective, Aminomethyl Phosphoric, and Others),
Application (Water Treatment, Mining & Metallurgy, Pharmaceuticals,
Food & Beverages, And Others), and Region (Asia-Pacific, North
America, Europe, Latin America, and Middle East and Africa)—Forecast
till 2025” in detail along with the table of contents@ https://www.marketresearchfuture.com/reports/chelating-resin-market-841
Regional Analysis
By
region, the Global Chelating Resin Market has been segmented into North
America, Latin America, Asia Pacific (APAC), Europe, and the Middle
East & Africa (MEA).
APAC dominated the global chelating resin
market in 2017 and is expected to retain its dominance over the
forecast period. Significant demand from the mining and the water
treatment industry drives the growth of the market. Large-scale
industrialization generates massive volumes of waste water which raises
the demand for chelating resins for waste water treatment.
The MEA
market follows APAC closely and is the second largest market for
chelating resin. The mining industry in Africa generates considerable
demand for chelating resins.
The expanding mining industry in
Latin America is expected to provide growth opportunities to the
chelating resin market. Meanwhile, the North America market is being
driven by the mining industry of Canada.
Europe market is spurred by ongoing R&D activities.
No comments:
Post a Comment