Market Analysis
The global chelating resin market is predicted to grow at a significant CAGR over the forecast period (2022-2030), as per the latest Market Research Future (MRFR) report. Chelation resins are extensively used for recovery applications, metal removal, water treatment, and brine decalcification in chlor-alkali industries. The chelating action rests on the form of functional groups, including sulfhydryl, amino phosphate acid, thiourea, glucamine, polyamine, and iminodiacetate.
Chelating resins fall under the ion exchange resins category. It is widely used to bind the cations and use chelating compounds which are attached to the polymer matrix with the help of a covalent bond. Chelating resins possess exact same polymer bead form and matrix as that of conventional ion exchangers.
It has a huge range of applications including boric acid removal, wastewater treatment, chemical purification, and brine purification.
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elling the chelating resin market growth. These factors, as per the MRFR report, include rising use in industrial wastewater treatment, removing radionuclides from highly acidic waste streams, use in recovery applications and metal removal, ensuring availability of safe drinking water, and growing use in water treatment sector. Additional factors pushing market growth include the need to control corrosion in different industrial processes, urbanization, and rising concerns about the purity and safety of water.
On the contrary, the development of other alternative technologies such as DMBPs (dual mechanism bifunctional polymers) and regulations related to indiscriminate mining are factors that may hamper the chelating resin market growth over the forecast period.
Market Segmentation
The Market Research Future report provides a wide segmental analysis of the Chelating Resin Market Share based on application and functional group.
Based on functional group, the chelating resin market is segmented into fluoride selective, aminomethyl phosphoric, thiourea, sulphydryl, amino phosphate acid, iminodiacetate, glucamine, polyamine, and others.
Based on application, the chelating resin market is segmented into food beverages, pharmaceuticals, mining metallurgy, water treatment, and others.
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Regional Analysis
Based on the region, the chelating resin market report covers the latest trends and growth opportunities across the Asia Pacific (APAC), North America, Europe, Latin America, and the Middle East and Africa (MEA). Of these, the APAC region will spearhead the market over the forecast period. This is owing to the growing demand for chelating resin from the water treatment and mining industry.
The chelating resin market in the Middle East and Africa is predicted to have strong growth over the forecast period. This is owing to the burgeoning demand for chelating resin from the mining industry in Africa. The Middle East region will have a small share in the market over the forecast period owing to its handful of mineral reserves.
The chelating resin market in North America is predicted to have a steady growth over the forecast period owing to the massive mining industry in Canada.
The chelating resin market in Europe is predicted to have favorable growth over the forecast period. This is owing to the ongoing research and development activities in the mining industry.
The chelating resin market in Latin America will have the least share over the forecast period owing to poor economic stability.
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Key Players
Leading players profiled in the chelating resin market report include LANXESS (Germany), DowDuPont, Inc. (US), Samco Technologies, Inc. (US), Thermo Fisher Scientific (India), Mitsubishi Chemical Corporation (Japan), Bio-Rad Laboratories, Inc. (US), Merck KGaA (Germany), Ningbo Zhengguang Resin Co., Ltd (China), Suqing Group (China), Zibo Dongda Chemical Industry Co., Ltd. (China), Purolite (US), Ajinomoto Fine-Techno Co., Inc. (Japan), Sunresin New Materials Co. Ltd. Xian (China), Thermax Global (India), and SERVA Electrophoresis GmbH (Germany), among others.
October 2018: Researchers at IIT Guwahati have for the very first-time used aloe vera gel that has superior oil repelling properties for separating oil from water. They increased its oleophobicity to 155 degrees through the addition of glucamine. Its oil-repelling nature stayed the same despite the material being bent for 1000 times and stretched by 150%. The membrane retained the efficiency for separating water and oil even in harsh conditions of high and low temperatures, high salinity, and extreme pH.
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