Ion Exchange Membrane Market Size, Share, Growth, Trends, Consumption, Revenue, Company Analysis and Forecast 2020-2027

Published Date : Nov 2020 | No. of Pages : 200 Pages | Category : Chemical and Material

The global ion exchange membrane market size is expected to be worth around US$ 1.1 Bn by 2027, expanding at a CAGR of 3.6% during the forecast period 2020 to 2027.

Rise in demand for clean drinking water and governmental initiatives to ensure supply of clean water are key factors driving the ion exchange membrane market. Additionally, increase in scarcity of water is boosting the ion exchange membrane market.

Key Drivers of Ion Exchange Membrane Market

The global ion exchange membrane market is primarily driven by growth of the global wastewater treatment industry. The membrane filtration technology is mostly utilized for wastewater treatment. Demand for the wastewater technology has been rising over the last few years, due to increase in demand for purified water. The expansion of the global industrial oil & gas processing sector is projected to drive the global ion exchange membrane market during the forecast period. Water is utilized in various processes in the oil & gas industry, and is highly contaminated and harmful for water bodies. Hence, companies undertake measures to purify this water and then discharge it into the sea or reuse it internally.

Anion Exchange Membrane to Offer Lucrative Opportunities

The anion exchange membrane segment held a prominent share of the ion exchange membrane market in 2018. However, its dominance is expected to be surpassed by the anion exchange membrane segment during the forecast period. Anion exchange membranes are employed widely owing to their rising usage in water purification. Cation exchange membranes are also extensively used in water purification. The cation exchange membrane segment is expected to expand at a CAGR of 3.3% during the forecast period. Production of cation exchange membranes is inexpensive and less complicated as compared to that of anion exchange membranes.

Heterogeneous Structure Offers Useful Properties

Based on structure, the ion exchange membrane market has been bifurcated into homogenous membrane and heterogenous membrane. The classification is based on the degree of heterogeneity in the membrane structure. Heterogeneity provides useful properties such as permselectivity, conductivity, and mechanical and chemical stability. It also positively affects the ionic and electrical transfer behavior of the ion exchange membrane during the operation. The heterogenous membrane segment dominates the ion exchange membrane market.

Asia Pacific Holds Prominent Share of Ion Exchange Membrane Market

In terms of region, Asia Pacific accounted for leading volume share of the global ion exchange membrane market in 2018, due to the rise in investments by governments of countries such as China, India, and Thailand in the construction sector. North America and Europe hold vital share of the global ion exchange membrane market, led by the presence of well-established players in these regions. The ion exchange membrane market in Asia Pacific is likely to expand at a rapid pace during the forecast period, owing to the substantial increase in water recycling and industrial wastewater management activities in developing economies such as China and India.

Key players operating in the ion exchange membrane market include 

  • DuPont
  • The Dow Chemical Company
  • LANXESS AG
  • 3M
  • SUEZ
  • Toray Industries Inc
  • Merck KGaA
  • Ion Exchange Ltd.

Market Research Scope

By Charge

  • Cation Exchange Membrane
  • Anion Exchange Membrane
  • Amphoteric Ion Exchange Membrane
  • Bipolar Ion Exchange Membrane
  • Mosaic Ion Exchange Membrane

By Material

  • Hydrocarbon Membrane
  • Perfluorocarbon Membrane
  • Inorganic Membrane
  • Composite Membrane
  • Partially Halogenated Membrane

By Structure

  • Homogenous Membrane
  • Heterogenous Membrane

By Application

  • Electrodialysis
  • Electrolysis
  • Chromatographic Separation
  • Desalination
  • Wastewater Treatment
  • Radioactive Liquid Waste Treatment

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Egypt
    • South Africa
    • Rest of Middle East & Africa

The latest study collated and published by Vision Research Reports analyzes the historical and present-day scenario of the global ion exchange membrane market to accurately gauge its future development. The study presents detailed information about the important growth factors, restraints, and key trends that are creating the landscape for the future growth of the ion exchange membrane market, to identify the opportunistic avenues of the business potential for stakeholders. The report also provides insightful information about how the ion exchange membrane market will progress during the forecast period of 2020 to 2027.

The report offers intricate dynamics about the different aspects of the ion exchange membrane market that aids companies operating in the market in making strategic development decisions. Our study also elaborates on the significant changes that are highly anticipated to configure the growth of the ion exchange membrane market during the forecast period. It also includes a key indicator assessment to highlight the growth prospects of the ion exchange membrane market, and estimate statistics related to the market progress in terms of value (US$ Mn) and volume (thousand square meters).

This study covers a detailed segmentation of the ion exchange membrane market, along with key information and a competitive outlook. The report mentions the company profiles of key players that are currently dominating the ion exchange membrane market, wherein various development, expansion, and winning strategies practiced and executed by leading players have been presented in detail.

Key Questions

The report provides detailed information about the ion exchange membrane market on the basis of comprehensive research on various factors that are playing a key role in accelerating the growth potential of the market. Information mentioned in the report answers path-breaking questions for companies that are currently functioning in the market and are looking for innovative ways to create a unique benchmark in the ion exchange membrane industry, so as to help them make successful strategies and take target-driven decisions.

  • Which material and application of ion exchange membrane will emerge as a major revenue generator for the market during the forecast period?
  • How are key market players successfully earning revenue out of the advantages of ion exchange membrane?
  • What will be the Y-o-Y growth of the ion exchange membrane market between 2019 and 2027?
  • What are the winning imperatives of market frontrunners in the ion exchange membrane market?
  • Which application is expected to offer lucrative opportunities for ion exchange membrane during the forecast period?
  • Which are the leading companies operating in the global ion exchange membrane market?

Research Methodology

The research methodology adopted by analysts for combining the ion exchange membrane market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the industry-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the ion exchange membrane market.

During the primary research phase, analysts interviewed industry stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through the interviews of genuine resources, analysts have emphasized the changing scenario of the ion exchange membrane market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, industry association publications, and company websites to obtain the necessary understanding of the ion exchange membrane market.


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