Persulfates Market Insights, Current And Future Market Trends & Forecast Till 2027

 

GMI Research's recent analysis, global persulfates market, forecast to 2027, analyzes the trends in this market and how they are evolving across the different key geographic regions of the world. The rising demand for skin and personal care products and the strong demand for packaged food products are the key drivers boosting the growth of the global persulfates market.

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Persulfates Market’s leading Manufacturers:

·        Adeka Corporation

·        Fujian ZhanHua Chemical Co., Ltd.

·        Yatai Electrochemistry Co., Ltd.

·        Merck KGaA

·        Lanxess

·        United Initiators

·        Hebei Jiheng (Group) Pharmaceutical Co.,Ltd.

·        Mitsubishi Gas Chemical Company, Inc.

·        DuPont De Nemours, Inc.

·        Vr Persulfates Private Limited

Persulfates Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The global persulfates market is expected to grow at a significant rate during the forecast period due to the strong demand for persulfates across several end-use industries such as pharmaceutical, cosmetics & personal care, water treatment, polymers, oil & gas, paper & textiles, and pulp. Persulfates are considered an essential component in various industrial processes and commercial products, such as a bleaching agent for the use of ammonium persulfates and as a food ingredient and preservative for cosmetics formulations. In addition to this, the rising demand for skin and personal care products and the strong demand for packaged food products will further be anticipated to stimulate the growth of the market. Rapid urbanization and industrialization have led to an upsurge in demand for personal care, electronic products, and textiles among consumers. This factor is anticipated to fuel the market growth due to its large range of applications, such as used in the treatment of metal surfaces, etching of copper on printed circuit boards, cosmetic products, manufacturing of semiconductors, oxidative de-sizing of fabrics, and activation of copper and aluminum surfaces treatment of metal surfaces. On the other hand, the factor hindering the growth of the persulfates market includes numerous issues regarding the shortage and transportation of persulfates.

Regional Drivers

Based on region, the Asia-Pacific is expected to increase at a higher CAGR during the forecast period.  The strong demand for persulfates among several end-use industries, which include polymer manufacturing, cosmetics & personal care, electronics, and other industries, is another factor that will have a positive influence on the market growth. The growing population and the rising disposable income in developing economies like China, India, Indonesia, and Sri Lanka are some other factors enhancing the demand for water sanitation, cosmetic products, and electronic goods, thus accelerating the growth of the persulfates market.

Persulfates Market Segmentation:

Segmentation by Type:

·        Ammonium Persulfate

·        Sodium Persulfate

·        Potassium Persulfate

Segmentation by End-Use Industry:

·        Polymers

·        Electronics

·        Cosmetics & Personal Care

·        Pulp, Paper & Textile

·        Water Treatment

·        Oil & Gas

·        Soil Remediation

·        Others

Segmentation by Application:

·        Polymer Initiator

·        Oxidation, Bleaching & Sizing Agent

·        Down-hole

·        Others

Segmentation by Region:

·        North America

o   United States of America

o   Canada

 

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

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