Global Persulfates Market.
The global Persulfates market was valued at USD 803.12 million in 2021 which expected to reach USD 1023.23 million by 2027 at a CAGR 3.52% from 2022-2027.
Persulfates are substance intensifiers that contain a particle of peroxodisulfate or peroxydisulfate, S2O82, or a particle of peroxomonosulfate or peroxymonosulfate, SO52. The global Persulfates Market can be classified based on the type and end-use industry. The Persulfates Market can be divided into three types: ammonium persulfates, potassium persulfates, and sodium persulfates. These are salts that are inorganic. The Persulfates Market can be divided into mash and paper, beauty care products and individual consideration, material, oil and gas, hardware, food, polymers, water treatment, and others based on the end-use industry. Ammonium persulfates are produced by electrolysis of a concentrated arrangement of ammonium sulfate.
Market Drivers
Increased Wastewater Treatment Projects
Persulfates are used in the water treatment industry to treat impurities such as halogenated olefins, perfluorinated chemicals, phenols, pharmaceuticals, inorganics, and others. The global increase in wastewater treatment projects is fueling the growth of the water treatment industry. The Philippines Aglipay Sewage Treatment Plant in Mandaluyong, for example, began construction in 2020. It will comply with stringent national standards that go above and beyond EU requirements in terms of reducing negative effects on Manila Bay and the Pasig River, as well as its environmental footprint.
Market challenges
Persulfate Health Concerns. Persulfate use poses several health risks, so it is subject to a number of restrictions. For example, the New Jersey Department of Health and Senior Services has classified sodium persulfates as a hazard substance because they can cause eye, nose, and skin irritation, as well as breathing problems. Furthermore, raw materials such as persulfuric acid, which is used in the production of persulfates, have negative health effects.
Market Segmentation
The Global Persulfates Market is segmented into Type, End-use. By Type such as Ammonium, Sodium, Potassium. Further, market is segmented into By End-use such as Polymers, Electronics, Pulp, Paper, And Textile, Oil & Gas, Water Treatment, Others.
Regional Analysis
Global Persulfates Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific dominated the Persulfates market. The presence of a large number of plastic manufacturing industries in countries such as China, Indonesia, and Malaysia is attributed to the growth. Thailand's plastic manufacturing industry has expanded rapidly in recent years, with approximately 5,000 companies now in operation.
North America is expected to grow at a revenue-based CAGR of during the forecast period. This is due to the presence of several market leaders in the plastic industry, such as ExxonMobil Chemical Division and DoW Chemical in the United States. The plastics industry is the country's third largest manufacturing industry. High-density polyethylene, low-density polyethylene, and linear low-density polyethylene are among the most commonly produced polymers in the United States.
Key Players
Various key players are listed in this report such as Evonik Active Oxygens; RheinPerChemie; UI VR Persulfates ; MITSUBISHI GAS CHEMICAL COMPANY, INC. ; Fujian ZhanHua Chemical Co., Ltd.; Ak-Kim; Yatai Electrochemistry Co. Ltd.; Hebei Jiheng Group, Fujian Jianou Yongsheng Industry
Market Taxonomy
By Type
By End-use
By Region
Key Questions Addressed by the Report
Global Persulfates Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Persulfates Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Persulfates Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Persulfates Market Share Analysis, By Type
5.3 Global Persulfates Market Size and Forecast, By Type
5.3.1 Ammonium
5.3.2 Sodium
5.3.3 Potassium
6 Global Persulfates Market, By End-use
6.1 Y-o-Y Growth Comparison, By End-use
6.2 Global Persulfates Market Share Analysis, By End-use
6.3 Global Persulfates Market Size and Forecast, By End-use
6.3. 1 Polymers
6.3.2 Electronics
6.3.3 Pulp, Paper, And Textile
6.3.4 Oil & Gas
6.3.5 Water Treatment
6.3.6 Others
7 Global Persulfates Market, By Region
7.1 Global Persulfates Market Share Analysis, By Region
7.2 Global Persulfates Market Share Analysis, By Region
7.3 Global Persulfates Market Size and Forecast, By Region
8 North America Persulfates Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Persulfates Market Share Analysis, By Type
8.3 North America Persulfates Market Size and Forecast, By End-use
8.4 North America Persulfates Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe Persulfates Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Persulfates Market Share Analysis, By Type
9.3 Europe Persulfates Market Size and Forecast, By End-use
9.4 Europe Persulfates Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific Persulfates Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Persulfates Market Share Analysis, By Type
10.3 Asia Pacific Persulfates Market Size and Forecast, By End-use
10.4 Asia Pacific Persulfates Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America Persulfates Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Persulfates Market Share Analysis, By Type
11.3 Latin America Persulfates Market Size and Forecast, By End-use
11.4 Latin America Persulfates Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East Persulfates Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Persulfates Market Share Analysis, By Type
12.3 Middle East Persulfates Market Size and Forecast, By End-use
12.4 Middle East Persulfates Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Evonik Active Oxygens
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. RheinPerChemie
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. UI VR Persulfates
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 MITSUBISHI GAS CHEMICAL COMPANY, INC
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Fujian ZhanHua Chemical Co., Ltd
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Ak-Kim
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Yatai Electrochemistry Co. Ltd
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Hebei Jiheng Group
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Fujian Jianou Yongsheng Industry
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies