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DUBLIN--(BUSINESS WIRE)--Nov 3, 2022--
The "Ion Exchange Resins - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Ion Exchange Resins Market to Reach $2.4 Billion by 2027
Amid the COVID-19 crisis, the global market for Ion Exchange Resins estimated at US$1.7 Billion in the year 2020, is projected to reach a revised size of US$2.4 Billion by 2027, growing at a CAGR of 5.2% over the period 2020-2027. Cationic Resins, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$1.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Anionic Resins segment is readjusted to a revised 4.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $364.1 Million, While China is Forecast to Grow at 7.2% CAGR
The Ion Exchange Resins market in the U.S. is estimated at US$364.1 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$572.5 Million by the year 2027 trailing a CAGR of 7.2% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 3.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$324.5 Million by the year 2027.
Other Types Segment to Record 4% CAGR
In the global Other Types segment, USA, Canada, Japan, China and Europe will drive the 4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$170.6 Million in the year 2020 will reach a projected size of US$220.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 4.6% CAGR through the analysis period.
Select Competitors (Total 62 Featured)
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
AFRICA
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/63izjp
View source version on businesswire.com:https://www.businesswire.com/news/home/20221103006066/en/
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KEYWORD:
INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/03/2022 12:13 PM/DISC: 11/03/2022 12:13 PM
http://www.businesswire.com/news/home/20221103006066/en