The market size for persulfates 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.
Increasing demand for persulfates from the electronics industry is expected to boost the persulfate market in this segment. Persulfates are used as cleaning agents and etchants in the printed circuit board manufacturing. With the increasing demand for printed circuit boards, the consumption of persulfates in the electronics 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 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 persulfates market in Asia Pacific is projected to grow at the highest CAGR between 2017 and 2022. China is the largest market for persulfates in Asia Pacific. 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 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).
