The Global Persulfates market was valued at USD 828.11 million in 2023. The global market size is expected to grow at a CAGR of 6.1% from 2024 to 2032 and be worth USD 1411.01 million by 2032 from USD 878.63 million in 2024.
Persulfate is also known as peroxy sulfate, it is an inorganic compound that is easily soluble in water. It is prepared by electrolysis of its analogous sulfates at the high current density and low temperature. The dissolution of persulfate in water produces an acidic solution due to the oxidation of water. Persulfates act as strong oxidants with a moderate shelf life and can be very economical to use when stored properly.
Persulfate is water-soluble, has a strong oxidizing property, and is commonly employed as bleach and oxidizer. The electronics industry considers sodium persulfate to be an effective micro-engraver for the manufacture of printed circuit boards. The escalating call for persulfates in different end-use markets is predicted to drive the worldwide persulfates market at an encouraging rate throughout the forecast period. The polymers and electronics industry is predicted to prove to be the major revenue generator for the persulfates market throughout the forecast period 2020 to 2025 owing to the growing preference for polymers over metals and the growing call for consumer devices worldwide.
The expansion and development of the polymer industry along with the escalating consumption of persulfates in the cosmetics and personal care industry are some of the factors that are predicted to boost the worldwide persulfates market. There is an escalated call for persulfate from the paper, pulp and textile industries that positively influences the expansion of the market. Persulfates are widely employed in various industrial applications escalating the world market calls for persulfates. Its use as a bleach in the paper and textile industries is also boosting the worldwide market. Regulation plays an important role in the persulfate market in developed regions. The escalating use of persulfates in skin and hair care products coupled with the escalating use as a cleaning agent in soil remediation is predicted to drive the market expansion throughout the forecast period. Advances in the polymer industry coupled with the escalating consumption of persulfates in the cosmetics and personal care industry are vital factors that are predicted to drive the global persulfates market.
Persulphates are mildly irritating to human skin at higher concentrations. They cause irritation to the human skin and the respiratory tract of professionally exposed persons. Therefore, its use is regulated in developed countries such as the United States. The toxicity of potassium persulfate is mild, but continued exposure to them may have adverse effects on human health.
The approval for the utilization of persulfate in cosmetics & personal care products has generated an opportunity for the market to develop at a rapid pace.
Problems related to persulfate transportation as they tend to lump when exposed to the environment are predicted to hamper the market expansion throughout the outlook period.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2032 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2032 |
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CAGR |
6.1% |
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Segments Covered |
By Type, End-Use Industry, and Region. |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
Peroxychem, Vr Persulfates Private Limited, Fujian Zhanhua Chemical Company Limited, and Mitsubishi Gas Chemical Company Incorp. Other prominent players include E.I. Du Pont De Nemours & Company, United Initiators, Ak-Kim Kimya, Hebei Yatai Electrochemistry Company Limited, Adeka Corporation, and Hebei Jiheng Group Company Limited, and others. |
The sodium persulfate segment is predicted to dominate the worldwide persulfate market throughout the forecast period. Sodium persulfate is a strong oxidizing agent and is widely employed in polymers.
The persulfate market in Asia-Pacific is predicted to grow at the highest CAGR between 2024 and 2032. Growing calls from end-use industries such as electronics, polymer manufacturing, cosmetics, and personal care are predicted to drive calls for persulfate in the APAC region. New persulfate applications, such as water treatment and soil remediation, are predicted to grow at high rates throughout the forecast period. Growing concerns about soil contamination are predicted to result in the consumption of persulfate in soil remediation in the APAC region. The Asia-Pacific area will experience further expansion in the persulfate market in the near future. China ranks second after India in the worldwide market due to its larger market share in the Asia-Pacific region. The government has taken initiatives to improve major exporters of polymer products; this is predicted to show exceptional market expansion in the near future. Rising population and escalating disposable income in these countries are also other factors driving the market in the Asia-Pacific. The favorable expansion of the polymer and electronics industries in this locale is predicted to boost the persulfate market.
The rapid urbanization and rapid expansion of manufacturing bases in the Latin America region are predicted to drive market expansion in the future. The pulp, paper, and textile industries are growing in the North American region, showing significant expansion in the persulfate market. Manufacturers in this region are investing heavily to expand their capabilities, which may lead to an expansion in the persulfates market in the future. Asia-Pacific is predicted to be one of the fastest-growing regions for the persulfate business. The expansion of the electronics industry, coupled with escalating calls from end-use industries such as paper and textiles, polymer manufacturing, pulp and cosmetics, and personal care, has boosted the regional market.
The major key players in the global Persulfates market are Peroxychem, Vr Persulfates Private Limited, Fujian Zhanhua Chemical Company Limited, and Mitsubishi Gas Chemical Company Incorp. Other prominent players include E.I. Du Pont De Nemours & Company, United Initiators, Ak-Kim Kimya, Hebei Yatai Electrochemistry Company Limited, Adeka Corporation, and Hebei Jiheng Group Company Limited, and others.
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