The global demand for Persulfate Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Tons in 2021 and foreseen to touch XX Tons by 2027 with a CAGR of XX% during 2021-2027.
Persulfate or Peroxysulfate are robust sulphur salts which are oxidants used in chemical engineering applications. The general applications of these salts are in the environmental treatment of contaminated soil and groundwater. Persulfate salts are used in hair care products like bleaches and lighteners. Some of these salts are used in the polymerization process. The highly economical Persulfates are used in the manufacture of antibiotics, mining industry, textile dyeing and clearing swimming pools. Prolonged exposure to these salts can be hazardous and cause conditions like urticaria, respiratory issues.
The demand for Persulfates in consumer goods like cosmetics, polymer is the important driver of this market. Increased concern over the contamination of water and soil will further propel the growth of this market. The demand for these salts is continuing to grow in the electronics industry based on the continuous research and development activities being carried out in using these salts will further propel the growth of this market. The COVID-19 pandemic will considerably slow down the use of these salts in consumer products except for their use in the manufacture of gloves. The strict regulations laid out by the government in the use of these salts due to their negative side effects will hamper the growth of this market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of persulfate.
The entire persulfate market has been sub-categorized into type and end-use industry. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End-Use Industry
- Ammonium Persulfate
- Sodium Persulfate
- Potassium Persulfate
- Magnesium Persulfate
- Cosmetics & Personal Care
- Pulp, Paper & Textiles
- Water Treatment
- Soil Remediation
- Oil & Gas
This section covers regional segmentation which accentuates on current and future demand for persulfate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Persulfate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the persulfate market include Peroxychem, United Initiators, Mitsubishi Gas Chemical Company, Ak-Kim Kimya, Adeka Corporation, VR Persulfates, Heibei Yatai Electrochemistry Company, Hebei Jiheng Group, Fujian Zhanhua Chemical Company, Fujian Jianou Yongsheng Industry, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.