Chelating Resins Sales Accelerating as Application in Chlor-Alkali Rises: Fact.MR

"Heightened investments by manufacturers in research and development for sustainable solutions is stimulating growth of chelating resins. Among the end-users, chemical industry holds 50% of market share, in which, chlor alkali is anticipated to emerge as the fastest growing segment, bolstering the demand for chelating resins," says a Fact.MR analyst.  "Heightened investments by manufacturers in research and development for sustainable solutions is stimulating growth of chelating resins...

"Heightened investments by manufacturers in research and development for sustainable solutions is stimulating growth of chelating resins. Among the end-users, chemical industry holds 50% of market share, in which, chlor alkali is anticipated to emerge as the fastest growing segment, bolstering the demand for chelating resins," says a Fact.MR analyst. 

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Key Takeaways

Competitive Landscape

LANXESS, Mitsubishi Chemical Corporation, Purolite, DuPont, Sunresin New Materials Co. Ltd., Ion Exchange (India) Limited, Thermax Limited, Suqing Group, Samyang Corporation, ResinTech, SH Scenic Resin Co. Ltd., and Jiangsu Widevision Environmental Protection Technology Co., Ltd among others are some of the prominent manufacturers, profiled by Fact.MR. According to the study, the market is consolidated with the prominent players accounting for bulk market share. Product optimization is the key growth strategy for the aforementioned manufacturers.

In 2020, specialty Chemicals Company LANXESS invested 120 million euros and reorganized its water treatment technologies business by focusing on ion exchange resins business for high-end applications. As a part of this strategy, LANXESS and sold its business to a French group SUEZ and completed the transaction by 2020-end.

Also, in January 2021, Mitsubishi Chemical Group Companies announced the merger of its two subsidiaries, Japan Coating Resin Corporation and Toei Kasei Co. Ltd., into a single organization named JCR to further the production and diversification of resin emulsification techniques underpinned by water-based emulsification techniques.

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More Valuable Insights on Chelating resins Market

Fact.MR, in its latest report, presents a detailed analysis of the global chelating resins market. The study divulges essential insights on the chelating resins market on the basis of functional group (iminoacetic group, amino phosphoric group, glucamine group, oxime group, phosphonic group+sulphonic group, phosphorous group, thiol group, thiourea group and others), matrix type (polystyrene, polystyrene divinylbenzene, polyacrylic divinylbenzene), application (separation & purification, treatment of wastewater & effluents, removal of impurities, biochemistry and others), end-use industry (electroplating, chemicals, metal & mining, and waste water treatment), and region (North America, Latin America, Europe, East Asia, South East Asia & Oceania, and MEA)

Key Questions Covered in the Report

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