According to the TechSci Research report, “ Persulfates Market – Global Industry Size, By Region, Competition, Forecast and Opportunities, 2018-2028“, the global Persulfates market is anticipated to increase at an impressive rate during the forecast period, 2024-2028.
The global Persulfates market is expected to grow impressively through 2028 due to the growing demand from various end-use industries. The persulfate market has been growing steadily in recent years, driven by increasing demand from various industries, including electronics, water treatment, and cosmetics. Persulfates are a family of chemical compounds that are widely used as oxidizing agents in many chemical reactions.
Persulfates are used in hair dyes and bleaches. With the increasing popularity of hair coloring and styling products, the demand for persulfates in the cosmetics industry is also increasing.
The persulfate market is dependent on the availability of raw materials such as sulfur and hydrogen peroxide. Disruptions in the supply chain of these raw materials can lead to shortages of persulfates, which can negatively impact the growth of the market. Additionally, transportation disruptions and natural disasters can also impact the supply chain of persulfates.
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The persulfates market has seen several technological advancements in the last few years. For instance, PeroxyChem developed a patented process called “Superior Activation Technology” (SAT), which enhances the reactivity of persulfates. This technology improves the performance of persulfates in various applications, such as soil and groundwater remediation and pulp bleaching.
The shift toward sustainable production practices, new product launches, and technological advancements have been some of the major developments in the market. Additionally, increasing demand from the water treatment industry and merger and acquisition activities have also been driving the growth of the market. With these developments, the persulfates market is expected to continue to grow during the forecast period, driven by the increasing demand from various end-use industries and the need for sustainable production practices.
Global Persulfates Market is segmented on the basis of type and end user.
Based on type, the market is further divided into ammonium persulfate, sodium persulfate, potassium persulfate, and magnesium persulfate. Out of these, the ammonium persulfate segment is expected to hold the largest market share during the forecast period.
Based on end-user, the market is further divided into polymers, electronics, cosmetics & personal care, pulp paper & textiles, and others. The increasing demand for electronic devices is the primary reason driving the segment’s growth.
Major companies operating in the Global Persulfates Market are:
- Evonik Industries AG
- Mitsubishi Gas Chemical Company
- Adeka Corporation
- Merck KGaA
- Lanxess AG
- Du Pont De Nemours and Company
- Vitracoat, Inc.
- ASV Multichemie Private Limited
- GMM Coatings Private Limited
- IKV Tribology Ltd
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“Persulfates market is a growing market with several growth drivers. The increasing demand from the electronics industry, water treatment industry, cosmetics industry, and other industries is driving the growth of the market. With the rise in the use of advanced technologies, the demand for persulfates in the electronics industry is expected to continue growing. The increasing global population and industrialization is expected to drive the demand for clean water, which will further drive the growth of the persulfates market in the water treatment industry. The rise in disposable income and changing lifestyles will continue to drive the demand for hair coloring and styling products, which will drive the growth of the persulfates market in the cosmetics industry.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Global Persulfates Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Ammonium Persulfate, Sodium Persulfate, Potassium Persulfate and Magnesium Persulfate), By End User (Polymers, Electronics, Cosmetics & Personal Care, Pulp Paper & Textiles, Others), By Company (2022), By Region, Competition Forecast and Opportunities, 2028 has evaluated the future growth potential of Global Persulfates market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Persulfates Market.
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Table of Content-Persulfates Market
- Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
- Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
- Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
- Voice of Customer
- Global Persulfates Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Type (Ammonium, Sodium, Potassium)
5.2.2. By End Use Industry (Polymers, Electronics, Water Treatment, Others)
5.2.3. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
5.2.4. By Company (2022)
5.3. Market Map
5.3.1. By Type
5.3.2. By End Use Industry
5.3.3. By Region
- North America Persulfates Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By End Use Industry
6.2.3. By Country
6.3. Pricing Analysis