Global Persulfates Market, By Type (Ammonium, Sodium, Potassium and Magnesium), Application (Polymer Initiator, Oxidation, Enhanced Oil Recovery, Latex Polymer, Etchant, Down-Hole, Hair Dye, Curing Agent, Oxidizing Agent, Bleaching And Sizing Agent and Others), End User (Polymers, Electronics, Cosmetics and Personal Care, Pulp, Paper and Textiles, Soil Remediation, Oil and Gas and Water Treatment), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, And Rest Of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Global Persulfates Market
Data Bridge Market Research analyses that the persulfates market will witness a CAGR of 4.95% for the forecast period of 2022-2029 and is likely to reach at USD 1,069.23 million by the end of the forecast period of 2022-2029.
Persulfates are used for a variety of purposes in a variety of industries. They are used in polymer manufacturing as oxidizers, free radical generators, and chain initiators. They are used as a cleaning agent and an etchant in the electronics industry. Persulfates are also used in the cosmetics and personal care industries in the formulation of skincare and hair care products. Other applications include soil remediation cleaning agents and viscosity breaker for hydraulic fracturing in the oil and gas industry.
The rising consumption of persulfates in the personal care and cosmetics industries will have an impact on market growth from 2022 to 2029. The development and growth of the polymer industry, high usage in the polymer industry in the manufacturing of synthetic rubber, rising demand for persulfates from the pulp, paper, and textile industries, rising usage as initiators in the production of latex polymers, and also persulfates are used as preservative agents in food are expected to positively influence market growth.
Furthermore, rising demand for persulfates in food and environmental applications is opening up a load of new opportunities, which will propel the persulfates market forward during the forecast period.
However, rising issues in persulfate storage and transportation will hinder the persulfates market's growth during the forecast period, allergic reactions caused by the persulfate in cosmetic products will act as a challenge to the market.
This persulfates market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on persulfates market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth. Product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on
Global Persulfates Market Scope and Market Size
The persulfates market is segmented on the basis of type, application and end-user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the persulfates market is segmented into ammonium, sodium, potassium, and magnesium
- On the basis of application, the persulfates market is segmented into polymer initiator, oxidation, enhanced oil recovery, latex polymer, etchant, down-hole, hair dye, curing agent, oxidizing agent, bleaching and sizing agent and others
- On the basis of end user, the persulfates market is segmented into polymers, electronics, cosmetics and personal care, pulp, paper and textiles, soil remediation, oil and gas and water treatment.
Persulfates Market Country Level Analysis
The persulfates market is analysed and market size, volume information is provided by country, type, application and end-user industry as referenced above.
The countries covered in the persulfates market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the persulfates market and will continue to flourish its dominance during the forecast period due to end-use industries such as electronics, polymer manufacturing, and cosmetics and personal care are expected to drive persulfate demand in APAC. During the forecast period, newer applications of persulfates, such as water treatment and soil remediation, are expected to grow rapidly. Growing concerns about soil pollution are expected to increase the use of persulfates in soil remediation in APAC.
The country section of the persulfates market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Persulfates Market Share Analysis
The persulfates market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to persulfates market.
Some of the major players operating in the persulfates market report
Finoric LLC, Parchem fine & specialty chemicals, Yatai Electrochemistry Co. Ltd., Global Elastomeric Technology, VR Persulfates Pvt. Ltd., J & K Scientific Ltd, Alfa Aesar, PeroxyChem, Evonik Industries AG, Aldon Corporation, Monarch Chemicals, United Initiators, DuPont and MITSUBISHI GAS CHEMICAL COMPANY INC. among others.