Share on

Middle East and Africa Ion Exchange Resins Market Research Report - Segmentation by Type (Cationic Resins, Anionic Resins), Application (Water, Non-Water), End-Use Industry (Power, Chemical & Petrochemical, Pharmaceutical, Food & Beverage), and Country- Forecast to 2028

Published: March, 2023
ID: 10018
Pages: 110
Formats: report pdf report excel report power bi report ppt

Middle East and Africa Ion Exchange Resins Market Size (2023-2028):

The Middle East and African regions have been lagging in the ion exchange industry but recently have activated their interests towards investments in this sector. The regional market is foreseen to expand with a notable compound annual growth rate in the foreseen years. Saudi Arabia is one of the countries which has shown an increase in demand for ion exchange resin products owing to its goal of providing clean water to its citizens. Similarly, other nations in this area are implementing prominent measures to supply clean drinking water to their citizens.

Market Drivers and Restraints:

The growing application of end-use industries such as petrochemical, chemical, mining, power, and construction industries has triggered growth in the MEA ion exchange resin market. The majority of Middle East countries face the issue of having a lack of access to potable water because there are very few natural resources of fresh water. As a consequence of this, countries are developing technologies to desalinate seawater and make potable water out of it. Also, abundant resources in South Africa with high research and development capabilities further improve the position of the ion exchange market.

Rapid urbanization is also another reason for the growth of the ion exchange resins industry in the Middle East and some African countries.

Factors holding back the market

The ion exchange industry is affected by volatile prices and alternatives. There can be numerous alternatives to the demineralization process and other industries do not solely depend on the Ion-exchange industry for their functioning. In the Middle East, countries are mostly dependent on petrochemical industries for their economy and ion exchange does not directly impact their GDP.

Market Segmentation:

Middle East and Africa Ion Exchange Resins Market - By Type:

  • Cationic Resins
  • Anionic Resins

Middle East and Africa Ion Exchange Resins Market - By Application:
 

  • Water
  • Non-Water

Middle East and Africa Ion Exchange Resins Market - By End Use:

  • Power
  • Chemical
  • Pharmaceutical
  • Metal and Mining
  • Electrical and Electronics

Based on the type, the cationic resins segment accounted for the most substantial share of the MEA market and is likely to continue its reign over the envisioned period of 2020 to 2025, which is credited to their extensive usage for demineralization or de-alkalization. These processes are crucial in almost all Middle Eastern countries.

Ion exchange resins are extensively employed in various water applications, such as deionization, demineralization, separation, purification, and others. They play crucial roles in several verticals like power and chemical & petrochemical, among which the power industry is among the major consumers of ion exchange resins. Other segments such as power, chemical & petrochemical, and pharmaceutical are the prominent sectors of ion exchange resins. These resins are used to replace the magnesium and calcium ions in hard water with the help of Na (Sodium) metal ions, which became a widely used technique that resulted in the expansion of the global exchange resin market.

Impact of COVID-19 on the Middle East and Africa Ion Exchange Resin Market:

The ion exchange and resins industry in the Middle East and African regions was already a slow-growing industry as it heavily depended on imports to fulfil their needs. COVID-19 has had an impact on the imports which were the main source of ion exchange products in the region. However, some investments have been made to improve the situation of the local ion exchange industry to reduce this dependency.

Market Key Players:

  1. Lanxess
  2. Novasep Holding
  3. DuPont de Nemours, Inc
  4. Bio-Rad Laboratories, Inc.

Market Recent Developments:

Express Pharma has confirmed the introduction of a new chemical blending facility in Bahrain. The company set to expand its facility in Bahrain which will improve the products and services it offers the wider GCC region, a market currently worth around $1.5 trillion.

Please wait. . . . Your request is being processed

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample