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The ion exchange membranes market size is forecast to increase by USD 139.1 million, at a CAGR of 2.56% between 2023 and 2028. The IEM market is experiencing significant growth due to several driving factors. One key factor is the harmful effects of hard water, which can cause scaling and reduce the efficiency of various industrial processes. IEMs are an effective solution to this issue, as they can soften and demineralize water, thereby increasing productivity and reducing operational costs. Another trend in the market is the growing health consciousness among consumers, leading to an increased demand for water treatment systems in residential applications. However, the presence of substitutes, such as reverse osmosis and nanofiltration membranes, poses a challenge to the IEM market. Despite this, the market is expected to grow at a steady pace due to its cost-effectiveness, ease of use, and high efficiency in removing specific ions from water.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Material
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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