IMARC Group, a leading market research company, has recently releases report titled “Ion Exchange Membrane Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global ion exchange membrane market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
 
The global ion exchange membrane market size reached US$ 933 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,208 Million by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028. Ion exchange membranes (IEMs) are semipermeable membranes used for the separation of cations and inions from fluids. They consist of high concentrations of fixed charges and transport specific dissolved ions while blocking other ions or neutral molecules from the fluid flow. The membranes are commonly available in perfluorocarbon, chloralkali, composite hydrocarbon, and inorganic and partially halogenated variants. IEM enables the separation, exclusion, and concentration of ionic material from the fluid flow. As compared to traditionally used membranes, IEMs are more advanced and cost-effective, exhibit lower electrical resistance and higher strength, showcase excellent long-tern stability and resistance to aqueous acid solutions, and assist in reducing hard water and removing dissolved inorganic ions.
 

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Ion Exchange Membranes Market Trends

The increasing demand for wastewater treatment, especially in developing regions, along with the rising concerns regarding clean drinking water and sanitation are likely to drive the ion exchange membranes market growth. They are widely adopted in purification and separation applications, which is further supporting the market growth. Moreover, ion exchange membrane are being extensively utilized in the chemical process industry in the electrodialysis, membrane electrolysis, electro deionization and diffusion dialysis for the chlorine–alkaline production and treatment of industrial effluents. This, along with the increasing awareness toward various benefits offered by ion exchange membrane, such as high energy efficiency, eco-friendly nature, and low maintenance costs, are propelling the market growth. Additionally, the widespread product utilization in the healthcare and pharmaceutical industries for the purification of drugs and making water reusable for manufacturing medicines is positively impacting the market growth. Other factors, including the increasing demand for ion exchange membrane in the oil and gas industry and the implementation of various government initiatives focusing on the easy accessibility of clean and potable water, are anticipated to drive the market toward growth.

Ion Exchange Membranes Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the Ion exchange membranes market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • 3M Company
  • AGC ENGINEERING Co. Ltd
  • Asahi Kasei Corporation
  • Dioxide Materials
  • Dow Inc.
  • DuPont de Nemours Inc.
  • Fujifilm Holdings Corporation
  • General Electric Company
  • Lanxess AG
  • Merck KGaA
  • ResinTech Inc.
  • Saltworks Technologies Inc
  • Toray Industries Inc.

Key Market Segmentation:

The report has segmented the global Ion exchange membranes market on the basis of charge, material, structure, application and region.

Breakup by Charge:

  • Cation
  • Anion
  • Amphoteric
  • Bipolar
  • Mosaic

Breakup by Material:

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

Breakup by Structure:

  • Heterogeneous Membrane
  • Homogenous Membrane

Breakup by Application:

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

Breakup by Region:

  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
  • Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)

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