Ion exchange resin is the name given to an organic compound that has a variety of applications in the pharmaceutical and bio-medical industries. This chemical compound is made from amino acids (proteins) that have been treated with an electrochemical process. The process activates a reaction between the charged amino acids and creates ions (free radicals), which bind to other molecules. When a molecule has an extra electron, a proton is released, and this new atom gives way for a new chemical reaction, creating another set of ions that bond with the atoms of another substance, create a new compound, or participate in chemical reactions in general. Ions exchange resins are termed as such as the crystals that make up the compound are designed to pass through an electric membrane.
Increasing demand for nuclear electricity generation in emerging economies is expected to drive growth of the global ion exchange resins market. Nuclear power is one of the most low-carbon energy sources and has one of the smallest carbon footprints as compared to other forms of energy. Although it requires significant capital investment, it is highly cost-effective and reliable in the long run. The demand for nuclear power electricity has increased in both developed and emerging economies in the recent past. According to the World Nuclear Association, in 2019, nuclear plants supplied around 2657 TWh of electricity, increasing from 2563 TWh in 2018.
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