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Ion Exchange Membrane Market size is forecast to reach $632.1 million by 2026, after growing at a CAGR of 3.4% during 2021-2026. Growth of the ion exchange membrane market is mainly attributed to its wide-ranging applications across desalination, waste water treatment, radioactive liquid waste treatment and various other applications. Rising demand for safe drinking water and government initiatives to ensure clean water supply is anticipated to drive the growth of the market. Additionally, in future, the rising demand for wastewater treatment projects in developed economies is expected to provide opportunities for the market growth. Furthermore, increased water scarcity across various regions will upsurge the ion exchange membrane industry over the forecast period. Impact of Covid-19 The emergence of COVID-19, which is declared a pandemic by the World Health Organisation, had a noticeable impact on regional economic growth in 2020. The COVID-19 pandemic positively impacted the growth ...

The global water testing and analysis market generated a revenue of $4060.2 million in 2017 and is expected to rise with a CAGR of 6.7% during the forecast period of 2018-2023.  Among the different types of tests, the pH test generated the maximum market share of $1400.1 million in 2017 and is projected to rise in the coming years with a CAGR of 7% during forecast year of 2018-2023. Rapid industrialization and growing needs in developing countries has raised the demand for water testing and analysis. Also, the stringent regulations by various government bodies to maintain the water quality is also driving the market growth for water testing and analysis market. What is Water Testing and Analysis? Water testing is a process of assessing water quality. Water quality has to be tested regularly to determine the health of water. Water has various properties such as turbidity, dissolved gas content, radioactivity and water conductivity are measured through water testing and analysis. Th...