ion exchange membrane market is segmented by charge, by material, by application and by region. Based on charge ion exchange membrane market is segmented into hydrocarbon, perfluorocarbon, inorganic, composite, partially, and halogenated. In terms of charge applied ion exchange membrane market can be categorized into cation, anion, amphoteric, bipolar ion, and mosaic. Inorganic materials includes silica, various oxides, carbon, and ceramic. Electrodialysis, electrolysis, chromatographic separation, desalination, waste water treatment, and radioactive liquid waste treatment are application segment of ion exchange membrane market. In terms of structure ion exchange market can be categorized into heterogeneous and homogenous membrane. Geographically ion exchange membrane market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Ion exchange membrane technology plays an important role due to various benefits such as low maintenance cost, eco-friendliness, and high energy efficiency. Recent projects to provide clean and pure water worldwide is fuelling the use of ion exchange membrane. Awareness for water and wastewater treatment of polluted water also effluents from various industries and need of selective separation to meet water quality standards. Also the sustainability policies related to the environment and stringent government regulations supports the market growth. However, high capital requirement hampers this growth. Growth in demand from emerging nations provides an opportunity for market growth. The major growth challenge faced by this market is increasing the membrane lifespan.