Focus on Developing Cost-effective Ion Exchange Membranes for Diverse Applications to pave way for Next-Generation Polymer Technologies
Published On : Jan 01, 2019 | Category : Chemicals & Materials
Technologies of ion exchange membranes have gained considerable traction across industries related with energy and environment. Vast functional potential that these ion exchange materials underlie, is a key driver for their growing industrial value. Perhaps, one the most profound applications of ion exchange membranes is in the wastewater treatment industry. The notably rising demand for ion exchange membranes technology in the water treatment industry for making electrodeionization systems is a recent case in point. The market has been attracting rising industry interest in the preparation methods and materials used for these membranes. Rising awareness about environmental concerns among several industrialized nations is also reinforcing demand for ion-exchange membrane separation processes.
The advent of new ion exchange membrane materials and their integration in new applications are factors that point to their rising potential of the global market. According to a recent projection by Transparency Market Research, the opportunities in the global market is expected to rise at a CAGR of 3.5% from 2018 to 2026.
Rising Demand for Water Purification for Industrial and Consumer Applications underpins Growth Potential
Ion exchange membranes technologies find widespread applications in the water treatment systems industry in various end-use industries. Apart from this, these membranes find substantial use in electrolysis, chromatographic separation, and electrodialysis. Each of the applications can bear specific commercial relevance. In this regard, electrodialysis find extensive industrial use for the desalination of water and the removal of electrolytes from products in the food and chemical industries.
World over, the demand for potable water has been rising at rapid pace over the past few decades and these technologies based on ion exchange membranes has gathered much steam across companies developing water treatment and purification technologies. As a result, companies are increasingly inclined toward wastewater treatment, recycling of water, and sewage treatment. Moreover, in recent years, zero liquid discharge and sea water distillation have attracted enormous interest among stakeholders in water treatment processes. These trends have greatly influenced the evolution trajectories of the global ion exchange market positively.
There is a growing efforts of companies engaged in realizing the potential of ion exchange membranes in industrial gas processing industry. The drive stems from the need for clean usable water for the oil and gas industries. Rapid strides being made by the oil and gas industries in emerging regions are expected to support the rising prospects of the market.
Constant Performance Improvements in Heterogeneous Membranes to open Novel Applications
Companies across the world planning to develop innovative polymer technology pin their hopes on vast performance improvements in ion exchange membranes. Keeping this in focus, numerous players in the market have been engaged in developing ion exchange membranes with better chemical stability of the membranes, and optimizing preparation methods. To this end, developers of advanced polymer technologies are likely to focus increasingly on inorganic and heterogeneous ion exchange membranes.
Moreover, few companies are offering their customers the flexibility of custom manufacturing to meet their specialized application needs. Such initiatives will pave way for cost-effective heterogeneous membrane technologies with novel application in various end-use industries. This is particularly being witnessed in Europe and the Middle East and Africa.