Global Ion Exchange Membranes Market Outlook, 2028

0

DUBLIN, October 15, 2021 / PRNewswire / – The “Ion Exchange Membranes Market – Market Size and Forecast (2017-2028)” report was added to ResearchAndMarkets.com offer.

The global ion exchange membranes market represented $ 935.9 million in 2020 and should reach $ 1,162.9 million by 2028, at a CAGR of 2.8% during the COVID-19 period. However, without the impact of COVID-19, the global ion exchange membranes market has been estimated to be $ 999.9 million in 2020 and $ 1,457.6 million in 2028, at a CAGR of 4.8%.

The hydrogen production method has gained more attention, as the demand for renewable energy has increased. Although there are many methods of producing hydrogen, using an ion exchange membrane in an electrochemical cell is an environmentally friendly way to produce significant amounts of hydrogen without producing hydrogen dioxide. carbon. This application contributes to the environmental benefits of generating electricity from renewable sources.

The global ion exchange membranes market report has been segmented into charge, material, structure, application, and region.

Based on fees, the market is segmented into cation exchange membrane, anion exchange membrane, bipolar exchange membrane, amphoteric exchange membrane, and mosaic exchange membrane. The cation exchange membranes segment holds the largest share of the global ion exchange membranes market during the forecast period. He represented $ 335.4 million in 2020 and should reach $ 434.7 million by 2028, at a CAGR of 3.3% during the COVID-19 period. However, without the impact of COVID-19, the cation exchange membrane segment was estimated to be $ 358.3 million in 2020 and $ 544.9 million in 2028, at a CAGR of 5.4% over the forecast period.

Cation exchange membranes are proton-conducting polymer films, also called electrolytes or ionomers, that only allow protons to pass through (cation exchange). Fuel cells and water electrolysis are two applications where proton exchange membranes are used. In a variety of electrochemical cells that allow the membrane to selectively transport cations across the cell junction, cation exchange membranes serve as a separator and solid electrolyte. Cation exchange membranes have long been used as a separator in MFC (Microbial fuel cells). These membranes have been widely used because they are the industry standard for electrochemical reactions, such as those found in the production of chlorine and caustic soda. These factors are driving the growth of the cation exchange membranes market.

Hardware based, the market is segmented into hydrocarbon membrane, perfluorocarbon membrane, inorganic membrane, composite membrane, and partially halogenated membrane. The hydrocarbon membranes segment is expected to hold the largest share of the global ion exchange membranes market during the forecast period. He represented $ 288.8 million in 2020 and should reach $ 371.8 million by 2028, at a CAGR of 3.2% during the COVID-19 period. However, without the impact of COVID-19, the hydrocarbon membrane segment was estimated to be $ 308.5 million in 2020 and $ 466.1 million in 2028, at a CAGR of 5.3%, over the forecast period.

The hydrocarbon membrane improves the performance of low relative humidity (RH) and high temperature fuel cells, increases the efficiency of hydrocarbon-based PEM materials by using an alternating electrolyte inside the catalytic structures and improves the overall efficiency of PEM fuel cells. Hence, the hydrocarbon membranes segment is expected to grow significantly during the forecast period.

The market for hydrocarbon ion exchange membranes is driven by growing demand from the wastewater treatment and healthcare sectors. The market is expected to grow due to the increasing demand for hydrocarbon ion exchange membranes from various industries and the need for selective separation to maintain water quality standards. However, growing health concerns over non-ionized organic contamination are expected to stifle the development of the global market. On the other hand, an increase in wastewater treatment projects in emerging economies is expected to generate favorable market growth opportunities during the forecast period.

Structure-based, the market is segmented into heterogeneous membrane and homogeneous membrane. The homogeneous membranes segment holds the largest share of the global ion exchange membranes market during the forecast period. He represented $ 735 million in 2020 and should reach $ 892.9 million by 2028, at a CAGR of 2.5% during the COVID-19 period. However, without the impact of COVID-19, the homogeneous membrane segment was estimated to be $ 785.2 million in 2020 and $ 1,119.2 million in 2028, at a CAGR of 4.5% over the forecast period.

Homogeneous membranes exhibit excellent electrochemical properties with inferior mechanical characteristics. Most exchange membranes are produced as homogeneous membranes. Highly concentrated COD and sulfate water from a non-ferrous metal plant is separated using a homogeneous membrane electrodialysis system. Low power consumption, high concentration ratio, selective permeability to solid ions and efficient removal of organics are the advantages of homogeneous membrane electrodialysis. In addition, the homogeneous membranes offer high ion permeability, low rate of water loss, stable physicochemical properties and efficient separation of organic material. This further fuels the growth of homogeneous membranes.

App based, the market is segmented into alkaline fuel cells, alkaline electrolysis (water), reverse electrodialysis, redox flow batteries, chromatographic separation and others (water treatment, desalination). Alkaline (water) electrolysis segment holds the largest share of the global ion exchange membranes market during the forecast period. He represented $ 257.9 million in 2020 and should reach $ 326.6 million by 2028, at a CAGR of 3% during the COVID-19 period. However, without the impact of COVID-19, the alkaline electrolysis (water) segment was estimated to be $ 275.5 million in 2020 and $ 409.3 million in 2028, at a CAGR of 5.1% over the forecast period.

Alkaline water chlorinators are developed and manufactured for a variety of applications. These applications include: cooling of power generators in power plants, the semiconductor industry, flat panel computers and television screen production units, glass factories and metallurgical industries. Food processing, laboratory applications, heat treatments, meteorology and welding industries are among the other applications of alkaline water electrolyses. Hydrogen as an energy carrier paves the way for new applications such as smart grid management for greater energy flexibility, storage of clean energy chemicals, and hydrogen refueling stations for battery-powered vehicles fuel.

Hydrogen is produced by alkaline electrolysis (water). The popularity of hydrogen is driven by rising energy prices caused by speculation about the future availability of oil reserves, as well as concerns about global warming and climate change.

Therefore, despite the high cost of hydrogen compared to most fossil fuels, its unique set of features are finding new applications in many industries. For example, hydrogen powered forklifts are used in enclosed spaces, various types of fuel cells (FCs) are used in power generation, and large cities have also introduced hydrogen buses, while the Fuel cells for electronic devices and cell phones are close to commercialization.

Based on region, the market has been segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and South America. The Asia Pacific The region is expected to dominate the global ion exchange membranes market during the forecast period. The Asia Pacific ion exchange membranes market $ 397.9 million in 2020 and should reach $ 522.8 million by 2028, at a CAGR of 3.5% during the COVID-19 period. However, without the impact of COVID-19, the Asia Pacific region was estimated at $ 425.1 million in 2020 and $ 655.3 million in 2028, at a CAGR of 5.6% over the forecast period.

The Asia Pacific region accounted for the largest share of the ion exchange membranes market, owing to the increasing demand from countries such as India and China. One of the main reasons for the high demand for ion exchange membranes in Asia Pacific are public water treatment policies in emerging economies such as China, India, and Indonesia.

Economic growth and rapid urbanization in China The demand for ion exchange membranes is expected to increase, as well as the demand for affordable water treatment systems. Water conservation and reuse are becoming increasingly important in densely populated economies such as China and India. Therefore, Asia Pacific The ion exchange membranes market is expected to dominate throughout the forecast period.

Market dynamics

  • Conductors
    • Growing demand for ion exchange membranes from the healthcare and electronics market
    • Growing demand for wastewater treatment
  • Constraints
    • Growing health problems due to non-ionized organic contamination
    • Bipolar membrane electrodialysis
  • Opportunity
    • Emergence of ceramic membrane technology
  • Challenge
    • High cost associated with the ion exchange membrane

Profiled companies

  • 3M
  • AGC inc.
  • Dioxide materials
  • DuPont de Nemours Inc.
  • Resintech Inc.
  • Membranes Internationales inc.
  • Liaoning Yichen Membrane Technology Co. Ltd.
  • Lanxess
  • Merck KGaA
  • Fujifilm Holdings Corporation
  • Astom Company
  • Solvay
  • Evergreen Technologies Pvt. Ltd.
  • Suez
  • Hyflux Ltd.
  • Ion Exchange India Limited
  • Saltworks Technologies Inc.
  • Ionomr Innovations Inc.
  • Mega AS

For more information on this report, visit https://www.researchandmarkets.com/r/jh5lpw

Media contact:

Research and markets
Laura Wood, senior
[email protected]

For EST office hours, call + 1-917-300-0470
For USA / CAN call toll free + 1-800-526-8630
For GMT office hours, call + 353-1-416-8900

US Fax: 646-607-1907
Fax (outside the United States): + 353-1-481-1716

SOURCE Research and Markets

Related links

http://www.researchandmarkets.com


Source link

Share.

About Author

Comments are closed.