Chelating Resins Market Research Report - Forecast Till 2027

Chelating Resins Market Research Report: By Functional Group (Iminodiacetate, Polyamine, Glucamine, Thiourea, Amino Phosphate Acid, Sulphydryl, Fluoride Selective, Aminomethyl Phosphoric, and Others), by Application (Water Treatment, Mining & Metallurgy, Pharmaceuticals, Food & Beverages, And Others), and Region (Asia-Pacific, North America, Europe, Latin America, and Middle East and Africa) - Forecast till 2027

ID: MRFR/CnM/0345-HCR | February 2021 | Region: Global | 125 pages

Chelating Resins Market Synopsis


The Chelating Resins Market was valued at USD 78.2 million in 2018 and is expected to register a CAGR of 2.4% during the forecast period, 2019–2025. Chelating resin is a special type of ion exchange resins, which is made by covalently attaching the chelating agent/functional group to a polymer matrix. It offers the advantage of high selectivity and high bonding strength over other types of resin. The chelating action is based on the type of functional groups such as iminodiacetate, polyamine, glucamine, thiourea, amino phosphate acid, sulfhydryl, fluoride selective, aminomethyl phosphoric, and others. Polymer matrices can be synthetic or natural organic, often insoluble in water and other organic solvents. The synthetic organic polymer matrices generally used are a styrene-divinylbenzene copolymer. The natural organic polymers commonly used are chitin, cellulose, and agarose. Chelation resins find vast application in water treatment, mining & metallurgy, brine decalcification in the chlor-alkali industry, among others. It is finding increasing application in the food & beverages and pharmaceutical industries.


Concerns regarding water purity and safety are likely to be key drivers for the growth of the Chelating Resins Market. Chelating resins work by selectively absorbing desired minerals from the water stream while removing the undesired impurities, and thereby improve the quality of water. Chelating resins are used in filter cartridges to remove undesired minerals in domestic water purifiers. Furthermore, mining and metallurgy industry is majorly driving the Chelating Resins Market due to their advantage of high selectivity and bonding strength. High demand for metals in construction and other industrial applications is boosting the demand for chelating resins in the metal & metallurgy industry. Furthermore, the growth of the food & beverage industry across the globe due to changing lifestyles, increasing working population, and increasing demand for convenience food is likely to provide lucrative opportunities to the players operating in the Chelating Resins Market during the forecast period.


However, the development of other technology such as dual mechanism bifunctional polymers (DMBPs) may hamper the market growth to some extent during the forecast period. Additionally, environmental regulations against indiscriminate mining are the challenging factors for the growth of the Chelating Resins Market.


Chelating Resins Market in 2018, by Application:


 


Source: MRFR Analysis


Market Segmentation


The Chelating Resins Market has been segmented by Functional Group, Application, and Region.


On the basis of the Functional Group, the Chelating Resins Market has been segmented into iminodiacetate, polyamine, glucamine, thiourea, amino phosphate acid, sulphydryl, fluoride selective, aminomethyl phosphoric, and others.


Based on Application, the Chelating Resins Market has been segmented into water treatment, mining & metallurgy, pharmaceuticals, food & beverages, and others.


Regional Analysis


The Chelating Resins Market has been segmented into five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East and Africa.


Asia-Pacific dominated the Chelating Resins Market in 2018 and is expected to continue a similar trend during the forecast period.  The strong mining & metallurgical industry in Australia & New Zealand is highly contributing to the product market growth in the region. Additionally, the rapid industrial growth in the region is bolstering the growth of the water treatment industry, which in turn is fueling the demand for chelating resins. The growing food & beverages and pharmaceutical industries in the region on account of increasing demand for convenience foods and increasing healthcare budget allocation respectively are also contributing significantly to the product market growth in the region.


North America was the second-largest market for chelating resins in 2018 and is expected to showcase remarkable growth during the forecast period. The growth of the product market in the region can be attributed to the huge mining industry in Canada. Furthermore, the food & beverages and pharmaceuticals industry are also showcasing significant demand for chelating resins for separation and purification applications.


The European market is another major market for chelating resins. Larger preference for technologically advanced products is stimulating the utilization of chelating resins over other ion exchange resins across various industrial verticals in the region. Further, the ongoing R&D activities related to mining are expected to provide strong growth impetus to the product market in the coming years.


The Middle East & Africa is expected to exhibit a rising demand for chelating resins during the forecast period. The growing mining industry in African countries is boosting the demand for the product in the region.


Latin America held the least market share of the Chelating Resins Market in 2018 due to the poor economic stability in the region. However, the region is expected to show increasing product demand during the forecast period due to the growing water treatment projects on account of increasing water purity & safety awareness and strong mining potential in the region.


Key Players


Some of the prominent players operating in the Chelating Resins Market are Mitsubishi Chemical Corporation (Japan), Purolite (U.S.), DowDuPont (US), LANXESS (Germany), Ningbo Zhengguang Resin Co., Ltd (China), Zibo Dongda Chemical Industry Co., Ltd. (China), Suqing Group (China), Sunresin New Materials Co. Ltd. Xian (China), Thermax Global (India), Merck KGaA (Germany), SERVA Electrophoresis GmbH (Germany), Samco Technologies, Inc. (US), Bio-Rad Laboratories, Inc. (US), Thermo Fisher Scientific (India), and Ajinomoto Fine-Techno Co., Inc. (Japan).


Intended Audience



  • Chelating Resins manufacturers

  • Traders and distributors of chelating resins

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   2027: Substantial CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Functional Group, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Mitsubishi Chemical Corporation (Japan), Purolite (U.S.), DowDuPont (US), LANXESS (Germany), Ningbo Zhengguang Resin Co., Ltd (China), Zibo Dongda Chemical Industry Co., Ltd. (China), Suqing Group (China), Sunresin New Materials Co. Ltd. Xian (China), Thermax Global (India), Merck KGaA (Germany), SERVA Electrophoresis GmbH (Germany), Samco Technologies, Inc. (US), Bio-Rad Laboratories, Inc. (US), Thermo Fisher Scientific (India), and Ajinomoto Fine-Techno Co., Inc. (Japan)
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers   New product launches and R&D Amongst major key Players


TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

3.5 List of Assumptions

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Intensity of Rivalry

5 Market Dynamics of the Global Chelating Resins Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

5.6 Trends/Technology

6. Global Chelating Resins Market, by Functional Group

6.1 Introduction

6.2 Iminodiacetate

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, by Region, 2020–2027

6.3 Polyamine

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast, by Region, 2020–2027

6.4 Glucamine

6.4.1 Market Estimates & Forecast, 2020–2027

6.4.2 Market Estimates & Forecast, by Region, 2020–2027

6.4 Thiourea

6.4.1 Market Estimates & Forecast, 2020–2027

6.4.2 Market Estimates & Forecast, by Region, 2020–2027

6.5 Amino phosphate acid

6.5.1 Market Estimates & Forecast, 2020–2027

6.5.2 Market Estimates & Forecast, by Region, 2020–2027

6.6 Sulphydryl

6.6.1 Market Estimates & Forecast, 2020–2027

6.6.2 Market Estimates & Forecast, by Region, 2020–2027

6.7 Fluoride Selective

6.7.1 Market Estimates & Forecast, 2020–2027

6.7.2 Market Estimates & Forecast, by Region, 2020–2027

6.8 Amino Methyl Phosphoric

6.8.1 Market Estimates & Forecast, 2020–2027

6.8.2 Market Estimates & Forecast, by Region, 2020–2027

6.9 Others

6.9.1 Market Estimates & Forecast, 2020–2027

6.9.2 Market Estimates & Forecast, by Region, 2020–2027

7. Global Chelating Resins Market, by Application

7.1 Introduction

7.2 Water Treatment

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Mining & Metallurgy

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.4 Pharmaceuticals

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Region, 2020–2027

7.5 Food & Beverages

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, by Region, 2020–2027

7.6 Others

7.6.1 Market Estimates & Forecast, 2020–2027

7.6.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Chelating Resins Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.2.3 Market Estimates & Forecast, by Application, 2020–2027

8.2.4 US

8.2.4.1 Market Estimates & Forecast, 2020–2027

8.2.4.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.2.4.3 Market Estimates & Forecast, by Application, 2020–2027

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, 2020–2027

8.2.5.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.2.5.3 Market Estimates & Forecast, by Application, 2020–2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.3.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, 2020–2027

8.3.4.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.3.4.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.5 France

8.3.5.1 Market Estimates & Forecast, 2020–2027

8.3.5.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.3.5.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.6 Italy

8.3.6.1 Market Estimates & Forecast, 2020–2027

8.3.6.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.3.6.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.7 Spain

8.3.7.1 Market Estimates & Forecast, 2020–2027

8.3.7.2 Market Estimates & Forecast, by Functional Group,2020–2027

8.3.7.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.8 UK

8.3.8.1 Market Estimates & Forecast, 2020–2027

8.3.8.2 Market Estimates & Forecast, by Functional Group,2020–2027

8.3.8.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.9 Russia

8.3.9.1 Market Estimates & Forecast, 2020–2027

8.3.9.2 Market Estimates & Forecast, by Functional Group,2020–2027

8.3.9.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.10 Rest of Europe

8.3.10.1 Market Estimates & Forecast, 2020–2027

8.3.10.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.3.10.3 Market Estimates & Forecast, by Application, 2020–2027

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.4.3 Market Estimates & Forecast, by Application, 2020–2027

8.4.4 China

8.4.4.1 Market Estimates & Forecast, 2020–2027

8.4.4.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.4.4.3 Market Estimates & Forecast, by Application, 2020–2027

8.4.5 India

8.4.5.1 Market Estimates & Forecast, 2020–2027

8.4.5.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.4.5.3 Market Estimates & Forecast, by Application, 2020–2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020–2027

8.4.6.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.4.6.3 Market Estimates & Forecast, by Application, 2020–2027

8.4.7 Australia & New Zealand

8.4.7.1 Market Estimates & Forecast, 2020–2027

8.4.7.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.4.7.3 Market Estimates & Forecast, by Application, 2020–2027

8.4.8 Rest of Asia Pacific

8.4.8.1 Market Estimates & Forecast, 2020–2027

8.4.8.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.4.8.3 Market Estimates & Forecast, by Application, 2020–2027

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.5.3 Market Estimates & Forecast, by Application, 2020–2027

8.5.4 Turkey

8.5.4.1 Market Estimates & Forecast, 2020–2027

8.5.4.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.5.4.3 Market Estimates & Forecast, by Application, 2020–2027

8.5.5 GCC

8.5.5.1 Market Estimates & Forecast, 2020–2027

8.5.5.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.5.5.3 Market Estimates & Forecast, by Application, 2020–2027

8.5.6 North Africa

8.5.6.1 Market Estimates & Forecast, 2020–2027

8.5.6.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.5.6.3 Market Estimates & Forecast, by Application, 2020–2027

8.5.7 Israel

8.5.7.1 Market Estimates & Forecast, 2020–2027

8.5.7.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.5.7.3 Market Estimates & Forecast, by Application, 2020–2027

8.5.8 Rest of Middle East & Africa

8.5.8.1 Market Estimates & Forecast, 2020–2027

8.5.8.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.5.8.3 Market Estimates & Forecast, by Application, 2020–2027

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2020–2027

8.6.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.6.3 Market Estimates & Forecast, by Application, 2020–2027

8.6.4 Brazil

8.6.4.1 Market Estimates & Forecast, 2020–2027

8.6.4.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.6.4.3 Market Estimates & Forecast, by Application, 2020–2027

8.6.5 Argentina

8.6.5.1 Market Estimates & Forecast, 2020–2027

8.6.5.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.6.5.3 Market Estimates & Forecast, by Application, 2020–2027

8.6.6 Mexico

8.6.6.1 Market Estimates & Forecast, 2020–2027

8.6.6.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.6.6.3 Market Estimates & Forecast, by Application, 2020–2027

8.6.7 Rest of Latin America

8.6.7.1 Market Estimates & Forecast, 2020–2027

8.6.7.2 Market Estimates & Forecast, by Functional Group, 2020–2027

8.6.7.3 Market Estimates & Forecast, by Application, 2020–2027

9. Company Landscape

9.1 Introduction

9.2 Market Key Strategies

9.3 Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)

10. Company Profiles

10.1 Mitsubishi Chemical Corporation


10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Key Strategies

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 Purolite

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Key Strategies

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 DowDuPont

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Key Strategies

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 LANXESS

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Key Strategies

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 Ningbo Zhengguang Resin Co., Ltd

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Key Strategies

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 Zibo Dongda Chemical Industry Co., Ltd.

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Key Strategies

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 Suqing Group

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Key Strategies

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 Sunresin New Materials Co. Ltd. Xian

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Key Strategies

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 Thermax Global

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Key Strategies

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 Merck KGaA

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Key Strategies

10.10.5 Key Developments

10.10.6 SWOT Analysis

10.11 SERVA Electrophoresis GmbH

10.11.1 Company Overview

10.11.2 Financial Updates

10.11.3 Product/Business Segment Overview

10.11.4 Key Strategies

10.11.5 Key Developments

10.11.6 SWOT Analysis

10.12 Samco Technologies, Inc.

10.12.1 Company Overview

10.12.2 Financial Updates

10.12.3 Product/Business Segment Overview

10.12.4 Key Strategies

10.12.5 Key Developments

10.12.6 SWOT Analysis

10.13 Bio-Rad Laboratories, Inc.

10.13.1 Company Overview

10.13.2 Financial Updates

10.13.3 Product/Business Segment Overview

10.13.4 Key Strategies

10.13.5 Key Developments

10.13.6 SWOT Analysis

10.14 Thermo Fisher Scientific

10.14.1 Company Overview

10.14.2 Financial Updates

10.14.3 Product/Business Segment Overview

10.14.4 Key Strategies

10.14.5 Key Developments

10.14.6 SWOT Analysis

10.15 Ajinomoto Fine-Techno Co.Inc.

10.15.1 Company Overview

10.15.2 Financial Updates

10.15.3 Product/Business Segment Overview

10.15.4 Key Strategies

10.15.5 Key Developments

10.15.6 SWOT Analysis

11. Conclusion

12. Appendix

LIST OF TABLES


Table 1 Global Chelating Resins Market: By Region, 2020–2027

Table 2 North America Chelating Resins Market: By Country, 2020–2027

Table 3 Europe Chelating Resins Market: By Country, 2020–2027

Table 4 Asia-Pacific Chelating Resins Market: By Country, 2020–2027

Table 5 Middle East & Africa Chelating Resins Market: By Country, 2020–2027

Table 6 Latin America Chelating Resins Market: By Country, 2020–2027

Table 7 Global Chelating Resins Functional Group Market: By Regions, 2020–2027

Table 8 North America Chelating Resins Functional Group Market: By Country, 2020–2027

Table 9 Europe Chelating Resins Functional Group Market: By Country, 2020–2027

Table10 Asia-Pacific Chelating Resins Functional Group Market: By Country, 2020–2027

Table11 Middle East & Africa Chelating Resins Functional Group Market: By Country, 2020–2027

Table12 Latin America Chelating Resins Functional Group Market: By Country, 2020–2027

Table 13 Global Chelating Resins Application Market: By Regions, 2020–2027

Table14 North America Chelating Resins Application Market: By Country, 2020–2027

Table15 Europe Chelating Resins Application Market: By Country, 2020–2027

Table16 Asia-Pacific Chelating Resins Application Market: By Country, 2020–2027

Table17 Middle East & Africa Chelating Resins Application Market: By Country, 2020–2027

Table18 Latin America Chelating Resins by Application Market: By Country, 2020–2027

Table19 Global Functional Group Market: By Region, 2020–2027

Table20 Global Application Market: By Region, 2020–2027

Table21 North America Chelating Resins Market, by Country

Table22 North America Chelating Resins Market, by Functional Group

Table23 North America Chelating Resins Market, by Application

Table24 Europe: Chelating Resins Market, by Country

Table25 Europe: Chelating Resins Market, by Functional Group

Table26 Europe: Chelating Resins Market, by Application

Table27 Asia-Pacific: Chelating Resins Market, by Country

Table28 Asia-Pacific: Chelating Resins Market, by Functional Group

Table29 Asia-Pacific: Chelating Resins Market, by Application

Table30 Middle East & Africa: Chelating Resins Market, by Country

Table31 Middle East & Africa Chelating Resins Market, by Functional Group

Table32 Middle East & Africa: Chelating Resins Market, by Application

Table33 Latin America: Chelating Resins Market, by Country

Table34 Latin America Chelating Resins Market, by Functional Group

Table35 Latin America: Chelating Resins Market, by Application

LIST OF FIGURES

FIGURE 1 Global Chelating Resins Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Chelating Resins Market

FIGURE 4 Value Chain of the Global Chelating Resins Market

FIGURE 5 Share of the Global Chelating Resins Market in 2020, by Country (in Volume/Value)

FIGURE 6 Global Chelating Resins Market, 2020–2027,

FIGURE 7 Global Chelating Resins Market Size, by Functional Group, 2020

FIGURE 8 Share of the Global Chelating Resins Market, by Functional Group, 2020–2027

FIGURE 9 Global Chelating Resins Market Size, by Application, 2020

FIGURE 10 Share of the Global Chelating Resins Market, by Application, 2020–2027