Persulfates Market Study: Industry Growth and Future Outlook

Author : steve Lobo | Published On : 28 Feb 2024

According to the new market research report "Persulfates Market by Type (Ammonium, Sodium, & Potassium), End-Use Industry (Polymer, Electronics and Cosmetic & Personal Care), Application (Polymer Initiator, Oxidation, bleaching and Sizing Agent) and Region - Global Forecast to 2025", published by MarketsandMarkets™, the global Persulfates Market size is estimated to grow from USD 730 million in 2020 to USD 861 million by 2025, at a CAGR of 3.4% from 2020 to 2025. The growth can be attributed to the increasing demand for persulfates from various end-use industries, such as polymers, electronics, cosmetics & personal care, and pulp, paper & textiles.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=59168451

Browse in-depth TOC on "Persulfates Market"

212 – Tables

38 – Figures

164 – Pages

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/persulfates-market-59168451.html

The sodium persulfate segment is projected to lead the persulfate market from 2020 to 2025.

Sodium persulfate accounted for the largest share of the market in 2019. It is used as an initiator in manufacturing acrylonitrile butadiene styrene (ABS) and a substitute for ammonium persulfate in etching electronic substrates. Furthermore, it is one of the commonly used ingredients in cosmetic products. The growth of the cosmetics & personal care industry is expected to drive the demand for sodium persulfate globally during the forecast period.

The water treatment industry segment of the persulfates market is projected to grow at the highest CAGR between 2020 and 2025.

The water treatment industry segment is projected to grow at the highest CAGR between 2020 and 2025. Persulfates are used as oxidizing agents in the treatment of water. The increasing environmental concerns and the rising number of government initiatives to treat water and wastewater are driving the consumption of persulfates in the water treatment industry.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=59168451

The persulfates market in the Asia Pacific is projected to grow at the highest CAGR between 2020 and 2025. 

The persulfates industry in the Asia Pacific is projected to grow at the highest CAGR between 2020 and 2025, where China is the largest consumer. The growth in the demand for polymers from the packaging and construction industries and the rising consumption of cosmetics & personal care products are expected to drive the market for persulfates in APAC.

Key companies profiled in the persulfates market research report include PeroxyChem (US), United Initiators (Germany), Mitsubishi Gas Chemical Company (Japan), Ak-Kim Kimya (Turkey), Adeka Corporation (Japan) and Fujian Zhanhua Chemical Company (China).

PeroxyChem is a global producer of specialty chemicals, focusing on peroxygen chemistry and its related technologies. It is also the only manufacturer of persulfate in North America. Evonik Industries completed its acquisition for USD 640 million in February 2020. PeroxyChem’s three principal chemistries include hydrogen peroxide, peracetic acid, and persulfates. The company is also one of the largest global manufacturers. PeroxyChem has launched its new product in the Klozur Series– Klozur One, an activated sodium persulfate. This has enhanced the product portfolio of the company and is expected to be advantageous for use in in-situ chemical oxidation (ISCO), which is used for soil remediation.

United Initiators is one of the leading manufacturers of organic peroxides and persulfates. The company has a strong presence in Europe, North America, and Asia Pacific. It caters to the demand for persulfates from end-use industries such as cosmetics, electronics, disinfectants, building & construction, textile, metal treatment, oil & gas, pulp & paper, and pool & spa. The Degussa-Aj (Shanghai) Initiators, one of the top persulfate manufacturers from China, is a subsidiary of United Initiators. The company has entered in a joint venture with VR Persulfates in 2018 for manufacturing persulfate. The manufacturing plant of VR Persulfates is in Ahmedabad, India. In 2019, the company opened a new plant with 10 KT annual production capacity of sodium persulfates in Huaibei, China.

Recent Developments

• In 2020, Evonik has acquired PeroxyChem, which is a manufacturer of hydrogen peroxide, peracetic acid and persulfates for USD 625 million.
• In 2019, United Initiators opened a new plant with 10 KT annual production capacity of sodium persulfates in Huaibei, China.
• In 2018, United Initiators entered into a joint venture with VR Persulfates from India for the manufacturing of persulfates.
• In 2017, PeroxyChem launched the Klozur series of sodium persulfate, as it is expected to be advantageous for use in-situ chemical oxidation (ISCO).