Showing posts with label persulfates. Show all posts
Showing posts with label persulfates. Show all posts

Monday, 5 July 2021

APAC is expected to hold the largest market size in the Persulfates market



APAC accounted for the largest share of the persulfates industry globally. Persulfates, due to its oxidizing properties, are widely used in various end-use industries, such as electronics, polymer, water treatment, cosmetics & personal care, and pulp, paper & textiles. There are three main types of persulfates: ammonium, potassium, and sodium. All three persulfates can be used as a substitute for each other.

Persulfates are used in end-use industries such as a polymer, electronics, cosmetics & personal care, pulp, paper & textiles, water treatment, oil & gas, and soil remediation, among others. The increasing capacity additions by polymer manufacturing companies in the recent past have increased the use of persulfates, which are used as an initiator during the polymerization reaction. However, there has been a plastic demand setback due to lower consumption in China. The demand for persulfates in these end-use industries is projected to grow at a relatively slow rate in the coming years due to economic slowdown and the impact of COVID-19. For the impact of COVID-19 will be seen for the FY-2019-2020 and 2020-2021 as the growth of the persulfates for these years will be slowed down. These slowing down of end-use industries will have an impact on the persulfate demand until 2021. China is the largest producer and exporter of persulfates in the world, being the epicentre of COVUD-19 has also impacted the persulfates market as more the 70% of the persulfates production capacity is in China.

The global persulfates market size was USD 730 million in 2020 and is projected to reach USD 861 million by 2025, at a CAGR of 3.4% between 2020 and 2025. 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.

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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

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).

Don’t miss out on business opportunities in Persulfates Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

Monday, 15 February 2021

Sodium persulfate is the fastest-growing type in the persulfate market


The global persulfate 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. Sodium persulfate is a strong oxidizing agent and is used extensively in polymers. Moreover, it is used as an etchant and cleaning agent in PCB manufacturing. It is the second most expensive chemical after ammonium persulfate. 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.

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Persulfates are used for different functions across various end-use industries. They are used as oxidizers, free radical generators, and chain initiators in polymer manufacturing. In the electronics industry, they are used as a cleaning agent and as an etchant. Persulfates are also used in the formulations of skincare and hair care products in the cosmetics & personal care industry. Other uses include as a cleaning agent in soil remediation and as a viscosity breaker for hydraulic fracturing in the oil & gas industry.

Growth in the application areas mentioned above is expected to drive the consumption of persulfates in these end-use industries. However, with the ongoing COVID-19 outbreak, the end-use industries will be slowing down, except from some applications such as the gloves where latex polymer is used for manufacturing, polymer in food packaging and tissue papers. These slowing down of end-use industries will have an impact on the persulfate demand until 2021. China being the epicentre of COVUD-19 has also impacted the persulfates market as more the 70% of the persulfates production capacity is in China.

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).

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Monday, 5 October 2020

Persulfates Market worth $861 million by 2025, at a CAGR of 3.4%


Persulfates are used for different functions across various end-use industries. They are used as oxidizers, free radical generators, and chain initiators in polymer manufacturing. In the electronics industry, they are used as a cleaning agent and as an etchant. Persulfates are also used in the formulations of skincare and hair care products in the cosmetics & personal care industry. Other uses include as a cleaning agent in soil remediation and as a viscosity breaker for hydraulic fracturing in the oil & gas industry.


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.

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

The sodium persulfate segment is projected to lead the persulfate market

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.

The water treatment industry segment of the persulfates market is projected to grow at the highest CAGR

The water treatment industry segment is projected to grow at the highest CAGR. 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.

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).

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Tuesday, 24 September 2019

The electronics industry segment of the persulfates market is projected to grow at the highest CAGR

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.
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).

Monday, 29 July 2019

New Product Launches, and Mergers & Acquisitions were the Key Strategies Adopted by Leading Players to Enhance their Presence in the Persulfates Market

The persulfates market 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 use of persulfates across various end-use industries, including polymers, electronics, cosmetics & personal care, and pulp, paper & textiles, is driving the market for persulfates globally. Persulfates are used for various functions such as chain initiator in polymer industry, formulation of skin care and hair care products in cosmetics & personal care industry, etchant in electronics industry, treatment chemical in water treatment, and as a bleaching agent in paper, pulp & textile industry,
Expansions, new product launches, and mergers & acquisitions were the key strategies adopted by leading players to enhance their presence in the persulfates market between January 2014 and March 2018. PeoxyChem (US), United Initiators (Germany), Mitsubishi Gas Chemical Company (Japan), Ak-Kim Kimya (Turkey), and Fujian Zhanhua Chemical Company (China) are some of the leading players operating in the persulfates market. 
PeroxyChem focuses on providing effective services as well as developing innovative products to maintain its dominance in the persulfates industry. The company has a manufacturing facility in Tonawanda, US. The company also manufactures persulfates through its subsidiary, RheinPerChemie. It has a limited presence in APAC and generates 100% of the revenue from North America and EMEA. The company launched new products to enhance its market share in the persulfates business. The company is also focusing on expanding its business in APAC to increase its global footprint. For instance, in 2017, PeroxyChem launched a new product, Klozur One, a sodium persulfate-based activated persulfate in the Klozur Series. It is expected to be advantageous for use in In-situ Chemical Oxidation (ISCO), which is used for soil remediation. This enhanced the product portfolio of the company.
AK-Kim Kimya operates as a subsidiary of Akkok Holding Company. The company operates through various segments, namely, textile chemicals, pulp & paper chemicals, basic chemicals, water treatment chemicals, and cement grinding & concrete admixtures. The company’s product portfolio includes methylamines, persulfates, hydrogen peroxides, paper & water treatment chemicals, chlor-alkali & derivatives, bisulfites, and cement & concrete additives. It offers persulfates through its basic chemicals segment. The company is planning to expand its geographical presence as a part of the strategy to gain market share. In line with the strategy, in February 2017, the Company acquired Dinox (Germany). This acquisition helped the company expand in Europe.
Related Reports:
Persulfates Market by Type (Ammonium, Sodium, & Potassium), End-Use Industry (Polymers, Electronics, Cosmetics & Personal Care, Pulp, Paper & Textiles, Soil Remediation, Oil & Gas and Water Treatment), and Region - Global Forecast to 2022

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