The persulfates market is estimated to grow from USD 549.4 Million in 2017 to USD 727.8 Million by 2022, at a CAGR of 5.8% from 2017 to 2022. The growth can be attributed to the increased demand for persulfates from various end-use industries, such as polymers, cosmetics & personal care, electronics, and pulp, paper & textiles.
Ammonium persulfate segment is projected to lead the persulfates market
The persulfates market is segmented by type, end-use industry, and region. By type, the ammonium persulfate segment is projected to lead the persulfates market during the forecast period, in terms of volume. Ammonium persulfate is a strong oxidizing agent and is majorly used in polymers. It is also used as an etchant and cleaning agent in PCB manufacturing. It is the least expensive among all persulfate types. The demand for ammonium persulfate in cosmetics & personal care end-use industry is projected to grow at the highest rate during the forecast period, in terms of value.
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Key Target Audience:
- Raw Material Suppliers
- Manufacturers of Persulfates
- Traders, Distributors, and Suppliers of Persulfates
- Government & Regional Agencies, Research Organizations, and Investors
The Scope of the Report:
This research report categorizes the persulfates market on the basis of type, end-use industry, and region.
Persulfates Market, By Type:
- Ammonium Persulfate
- Sodium Persulfate
- Potassium Persulfate
Persulfates Market, By End-use Industry:
- Polymers
- Electronics
- Cosmetics & Personal Care
- Pulp, Paper & Textiles
- Water Treatment
- Oil & Gas
- Soil Remediation
- Others* (includes adhesives, chemical synthesis, pharmaceuticals, photography, and inks & pigments)
Persulfates Market, By Region:
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
The market has been further analyzed for the key countries in each of these regions.
Persulfates are used for different functions across various end-use industries. They are used as oxidizers, free radical generator, and chain initiators in polymer manufacturing. In the electronics industry, they are used as a cleaning agent and as an etchant. Persulfates are also used in the formulations of skin care and hair care products in the cosmetics & personal care industry. Other uses include as a cleaning agent in soil remediation and as a viscosity breaker for hydraulic fracturing in the oil & gas industry. Growth in these application areas is expected to drive the consumption of persulfates in these end-use industries.
Key companies profiled in this research report on the persulfates market include PeoxyChem (US), United Initiators (Germany), Mitsubishi Gas Chemical Company (Japan), Ak-Kim Kimya (Turkey), and Fujian Zhanhua Chemical Company (China).
