ASEAN: Polymer Ion-Exchangers Market 2025

Polymer Ion-Exchangers Market Size in ASEAN

The ASEAN polymer ion-exchangers market expanded significantly to $X in 2021, with an increase of 5.6% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Polymer Ion-Exchangers Production in ASEAN

In value terms, polymer ion-exchangers production rose modestly to $X in 2021 estimated in export price. Over the period under review, production recorded a noticeable contraction. The pace of growth was the most pronounced in 2018 when the production volume increased by 20,163% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Polymer Ion-Exchangers Exports

Exports in ASEAN

In 2021, the amount of ion-exchangers based on synthetic or natural polymers in primary forms exported in ASEAN skyrocketed to X tons, rising by 41% on 2020. In general, exports showed strong growth. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, polymer ion-exchangers exports skyrocketed to $X in 2021. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 99%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Singapore prevails in exports structure, reaching X tons, which was near 84% of total exports in 2021. It was distantly followed by Malaysia (X tons), generating a 9.9% share of total exports. The Philippines (X tons) and Vietnam (X tons) took a relatively small share of total exports.

Exports from Singapore increased at an average annual rate of +7.9% from 2012 to 2021. At the same time, the Philippines (+58.7%), Vietnam (+29.9%) and Malaysia (+8.2%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +58.7% from 2012-2021. While the share of the Philippines (+3.8 p.p.), Singapore (+2 p.p.) and Vietnam (+2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest polymer ion-exchangers supplier in ASEAN, comprising 98% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 1.5% share of total exports. It was followed by the Philippines, with a 0.3% share.

In Singapore, polymer ion-exchangers exports increased at an average annual rate of +29.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+20.3% per year) and the Philippines (+65.4% per year).

Export Prices by Country

In 2021, the export price in ASEAN amounted to $X per ton, growing by 15% against the previous year. Over the period under review, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2020 when the export price increased by 127%. The level of export peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+20.0%), while the other leaders experienced more modest paces of growth.

Polymer Ion-Exchangers Imports

Imports in ASEAN

In 2021, polymer ion-exchangers imports in ASEAN reached X tons, increasing by 3.6% on 2020 figures. The total import volume increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when imports increased by 20%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, polymer ion-exchangers imports skyrocketed to $X in 2021. In general, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Malaysia (X tons) and Indonesia (X tons) represented roughly 61% of total imports in 2021. Singapore (X tons) held a 16% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (15%) and the Philippines (5.9%).

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +12.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported ion-exchangers based on synthetic or natural polymers in primary forms in ASEAN, comprising 70% of total imports. The second position in the ranking was held by Indonesia ($X), with a 12% share of total imports. It was followed by Malaysia, with an 8.5% share.

In Singapore, polymer ion-exchangers imports increased at an average annual rate of +27.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (+2.5% per year) and Malaysia (+4.2% per year).

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2021, with an increase of 38% against the previous year. Overall, the import price continues to indicate a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+20.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform