Published Date: 2020-02-26 | Pages: 116 | Tables: 142 | Report ID: 7447 | Industry: Chemical & Material | Format :
The global anion exchange resin market is anticipated to gain growth on the back of the increasing demand for nuclear power generation and water purification technologies. Exceptional water purity is a critical requirement for nuclear and fossil power plant operations. Anion exchange resin could find application in the treatment of groundwater, cleaning of industrial effluent, and production of ultra-pure boiler feed water.
The biopharmaceuticals and biotechnology industries are also expected to create a wealth of opportunities for anion exchange resin manufacturers. In 2019, Purolite partnered with Indian biotech solutions provider PharmNXT Biotech for the application support, distribution, and supply of its chromatography resins line Praesto in India. Protein purification is another important application of anion exchange resin, which could strengthen the global market growth in future. In September 2019, GE Healthcare Life Sciences launched a new liquid chromatography system ÄKTA go for protein purification applications.
By Product Type
● Weak Base Anion Resin
● Strong Base Anion Resin
● Water Treatment
● Food Industry
According to market analysts, strong base anion resin showed substantial growth in the global anion exchange resin market in terms of production. It mainly finds application in the removal of total organic carbon, desilication, dealkalization, and demineralization processes. Among applications, water treatment is anticipated to show impressive growth in the global anion exchange resin market. This could be due to the high demand for ion exchange water treatment systems. Anion exchange resin could be used to treat potable water with the replacement of unwanted minerals and reduction in the concentration of arsenic, nitrate, and sulfate in water.
Asia Pacific is predicted to collect a strong share of the global anion exchange resin market in the coming years. High industrialization growth and increase in foreign investment supported by favorable government policies could help the region to exhibit remarkable growth in the global anion exchange resin market. Water pollution is a common concern in the mining and many other industries in the region. The rising need for water treatment in both the commercial and residential sectors is expected to augment the demand for anion exchange resin in countries such as China, India, Australia, and Japan. The regional market could also benefit from the high use of anion exchange resin in the power generation industry.
Players to Introduce New Products Targeting Biopharmaceutical Applications
Some of the key players competing in the global anion exchange resin market are DowDuPont, Jiangsu Suqing Water Treatment Engineering, Lanxess, Samyang, Mitsubishi Chemical, Novasep, Purolite, ResinTech, Thermax, and Ion Exchange (India). Anion exchange resin manufacturers are expected to partner with biopharmaceutical developers and target the biotherapeutics industry to increase their profits and sales. Late in 2019, Purolite announced that its ion exchange chromatography resin line Praesto is being used to commercially manufacture FDA-approved biotherapeutics. Players could also invest in research and development activities and new technologies to improve their growth in the global anion exchange resin market
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