Asia: Polymer Ion-Exchangers Market 2024

Polymer Ion-Exchangers Market Size in Asia

The Asian polymer ion-exchangers market declined dramatically to $X in 2021, falling by -20.1% against the previous year. In general, consumption continues to indicate a deep setback. 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 Asia

In value terms, polymer ion-exchangers production totaled $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 18% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Polymer Ion-Exchangers Exports

Exports in Asia

In 2021, exports of ion-exchangers based on synthetic or natural polymers in primary forms in Asia skyrocketed to X tons, increasing by 17% on the previous year. Total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +51.0% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, polymer ion-exchangers exports surged to $X in 2021. Total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +88.2% against 2016 indices. The most prominent rate of growth was recorded in 2019 with an increase of 18%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

China represented the largest exporter of ion-exchangers based on synthetic or natural polymers in primary forms in Asia, with the volume of exports amounting to X tons, which was near 70% of total exports in 2021. India (X tons) ranks second in terms of the total exports with a 16% share, followed by South Korea (5.4%). The following exporters - Japan (X tons) and Taiwan (Chinese) (X tons) - each accounted for a 6.3% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to polymer ion-exchangers exports from China stood at +6.3%. At the same time, South Korea (+19.9%) and India (+6.3%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia, with a CAGR of +19.9% from 2012-2021. Japan experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (-2.1%) illustrated a downward trend over the same period. While the share of South Korea (+3.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Japan (-1.8 p.p.) and Taiwan (Chinese) (-3.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest polymer ion-exchangers supplier in Asia, comprising 46% of total exports. The second position in the ranking was taken by Japan ($X), with a 19% share of total exports. It was followed by India, with an 11% share.

In China, polymer ion-exchangers exports expanded at an average annual rate of +5.9% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+6.8% per year) and India (+8.6% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, leveling off at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2020 an increase of 11%. The level of export peaked in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+5.8%), while the other leaders experienced more modest paces of growth.

Polymer Ion-Exchangers Imports

Imports in Asia

In 2021, the amount of ion-exchangers based on synthetic or natural polymers in primary forms imported in Asia stood at X tons, with an increase of 7.5% compared with the year before. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by 17% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

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

Imports by Country

In 2021, China (X tons), followed by South Korea (X tons), Japan (X tons), Taiwan (Chinese) (X tons), Turkey (X tons), Malaysia (X tons), Indonesia (X tons) and India (X tons) represented the major importers of ion-exchangers based on synthetic or natural polymers in primary forms, together making up 76% of total imports. Singapore (X tons), Vietnam (X tons), Saudi Arabia (X tons), Uzbekistan (X tons) and Kazakhstan (X tons) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Malaysia (with a CAGR of +12.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported ion-exchangers based on synthetic or natural polymers in primary forms in Asia, comprising 34% of total imports. The second position in the ranking was taken by Singapore ($X), with a 15% share of total imports. It was followed by South Korea, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +13.5%. In the other countries, the average annual rates were as follows: Singapore (+27.2% per year) and South Korea (+11.9% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, increasing by 21% against the previous year. Import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, polymer ion-exchangers import price increased by +82.0% against 2012 indices. The growth pace was the most rapid in 2020 when the import price increased by 29%. The level of import peaked in 2021 and is likely to continue growth in years to come.

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

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