Global ion exchange membrane market was valued at US$868.8 mn in 2015 and is likely to reach US$1,178.2 mn in 2024, expanding at a CAGR of 3.5% over the period between 2016 and 2024.
Albany, NY -- (SBWIRE) -- 01/05/2017 -- Global Ion Exchange Membrane Market: Overview
Ion exchange membrane is a membrane that transports dissolved ions across a conductive polymeric membrane. They are made up of a polymeric material attached to a charged ion group. These membranes are used for desalination, electrodialysis, waste water treatment, and other chemical recovery applications. It transfers ions from one solution to another with little passage of water.
Global Ion Exchange Membrane Market: Scope of the Report
The report estimates and forecasts the ion exchange membrane market on the global, regional, and country levels. The study provides forecast between 2016 and 2024 based on volume (Sq. mts) and revenue (US$ Mn) with 2015 as the base year. The report comprises an exhaustive value chain analysis for each of the product segments. It provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage. The study includes drivers and restraints for the ion exchange membrane market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. The report analyzes opportunities in the ion exchange membrane market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources. Furthermore, the report analyzes substitute analysis of ion exchange membrane and global average price trend analysis.
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The report includes Porter's Five Forces Model to determine the degree of competition in the ion exchange membrane market. The report comprises a qualitative write-up on market attractiveness analysis, wherein applications and countries have been analyzed based on attractiveness for each region. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The report comprises price trend analysis for ion exchange membrane between 2016 and 2024.
Global Ion Exchange Membrane Market: Segmentation
The study provides a comprehensive view of the ion exchange membrane market by dividing it into applications and geography segments. The ion exchange membrane market has been segmented into electrodialysis, electrolysis, chromatographic separation, desalination, waste water treatment and radioactive liquid waste treatment based on application. Application segment have been analyzed based on historic, present, and future trends.
Regional segmentation includes the current and forecast demand for ion exchange membrane in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Additionally, the report comprises country-level analysis in terms of volume and revenue for application segments. Key countries such as the U.S., Germany, France, the U.K., Spain, Italy, India, China, South Africa, Mexico, and Brazil have been included in the study. Market segmentation includes demand for individual applications in all the regions and countries.
Global Ion Exchange Membrane Market: Competitive Dynamics
The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report includes The Dow Chemical Company, Lanxess, 3M and others. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).
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Global Ion Exchange Membrane Market: Research Methodology
Secondary research sources that were typically referred to include, but were not limited to company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.
In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players' product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team's expertise and market understanding.
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