Global Persulfates Market To Grow At A CAGR Of 3.5% By 2028

The global Persulfates market size was worth around USD 755 million in 2021 and is predicted to grow to around USD 961 million by 2028 with a compound annual growth rate (CAGR) of roughly 3.5% between 2022 and 2028.

The inorganic compound persulfate also referred to as peroxysulfate, is easily soluble in water. It is made by electrolyzing similar sulfate at a low temperature and high current density. As a result of water oxidation, persulfate dissolves in water to generate an acidic solution. When persulfates are maintained appropriately, they can be used extremely economically and act as potent oxidants with a moderate shelf life.

The growing need for personal care products is what drives the global persulfate market. The sodium persulfate market is primarily driven by the rise in the use of cosmetic goods. The market is being further driven by the use of persulfate in the process and the implementation of tight rules governing wastewater treatment. Due to the comparable properties of both of these compounds, sodium sulfate is used as a replacement for potassium persulfate in some analytical methods. The demand for sodium persulfate in the textile sector is rising, and the polymer industry is expanding as well. The use of substances in personal care products that don't harm the skin is subject to tight regulations. This might be the restraining factor for the market expansion.

The global persulfates market is segmented based on the type, application, industry vertical, and region.

Ammonia persulfate, sodium persulfate, and potassium persulfate are the three types of persulfates that are offered on the global market. The market leader in 2021 was sodium persulfate, and it is anticipated that it will continue to dominate during the forecast period. Strongly oxidizing chemical sodium persulfate is utilized as a bleaching and oxidizing agent. Many volatile oxidizing compounds (VOCs), including BTEXs, trichloroethanes, and chlorinated ethenes (CEs), are successfully degraded by persulfate oxidation processes. The substance is a polymerization reaction promoter. Additionally, laboratory slurry reactors have been treated with sodium persulfate as a chemical oxidant to prevent the accumulation of surfactants.

The market is divided into categories for polymer initiator, oxidation, bleaching & sizing agent, down-hole, and others based on application. In 2021, the bleaching and sizing agent held the market's top spot, and its growth is anticipated over the next years. Persulfates are used as bleaching agents in the pulp & paper, textile, cosmetic, and personal care sectors.

The emulsion polymerization method, which uses persulfates as initiators, is used to create neopropene, polystyrene, acrylic, and polyvinyl chloride polymers. They are also utilized as initiators in the manufacture of latex polymers used in goods like paints, coatings, carpet backing, etc. Persulfates are frequently used in the polymer industry to create synthetic rubbers like styrene-butadiene and isoprene, resulting in segmental growth.

The global market for persulfates is divided into polymers, electronics, cosmetics & personal care, pulp, paper & textiles, water treatment, oil & gas, soil remediation, and others based on industry vertical. Due to the expanding applications in this end-use industry, including cleaning agents and etchants for the production of printed circuit boards, the electronics segment is anticipated to dominate the market over the forecast period. Persulfates are used as oxidizing agents to clean and microetch a variety of printed circuit board substrates.

The plastics and polymers category is predicted to significantly contribute to market growth as a result of the rising use of persulfates as initiators in the polymerization of synthetic rubber and latex. As initiators, persulfates are also used to make polymeric concrete and coatings for graphite filaments.

The market for persulfates is divided into five regions based on geography: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The Asia Pacific region is expected to dominate the market during the forecast period. The market for persulfates has been rising in nations like China, India, and Japan as a result of the rising demand from numerous end-user sectors, including polymers, electronics, cosmetics, and personal care. Moreover, the market for persulfates is being stimulated by the region's growing preference for polymers over metals and the growth of the consumer appliance industry.

The global persulfates market is dominated by players like Mitsubishi Gas Chemical Company, Inc., Adeka Corporation, PeoxyChem, Vr Persulfates Private Limited., United Initiators, Ansin Chemical Co., Ltd., Merck KGaA (Germany), Fujian ZhanHua Chemical Co., Ltd., Hebei Yatai Electrochemistry Co., Ltd., Ak-Kim Kimya, Stars Chemical Co., Ltd., and Hebei Jiheng Group Co., Ltd, among others.

Recent Development:

• In February 2020, Evonik Industries AG announced that it had successfully closed the acquisition of PeroxyChem. At the end of 2018, Evonik signed an agreement to acquire PeroxyChem.

This review is based on a report by Zion Market Research, titled “Persulfates Market By Type (Ammonia Persulfate, Sodium Persulfate, and Potassium Persulfate), By Application (Polymer Initiator, Oxidation, Bleaching & Sizing Agent, Down-hole, and Others), By Industry Vertical (Polymers, Electronics, Cosmetic & Personal Care, Pulp, Paper & Textile, Water Treatment, Oil & Gas, Soil Remediation, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028.”- Report at https://www.zionmarketresearch.com/report/persulfates-market

The global persulfates market is segmented as follows:

By Type

• Ammonia Persulfate
• Sodium Persulfate
• Potassium Persulfate

By Application

• Polymer Initiator
• Oxidation
• Bleaching & Sizing Agent
• Down-hole
• Others

By Industry Vertical

• Polymers
• Electronics
• Cosmetic & Personal Care
• Pulp, Paper & Textile
• Water Treatment
• Oil & Gas
• Soil Remediation
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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