Persulfates Market Size, Share, Growth Report 2032

Persulfates Market Size And Industry Analysis

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 report analyzes the global persulfates market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Persulfates market.

Request Free Sample

Persulfates Market: Overview

Peroxodisulfate or peroxydisulfate particle, S2O82, or peroxomonosulfate or peroxymonosulfate particle, SO52, are substance intensifiers known as persulfates. The types and end-use industries can be used to segment the global persulfates market. The Persulfates Market can be divided based on type into sodium persulfates, potassium persulfates, and ammonium persulfates. These salts are inorganic.

The Persulfates Market may be divided into various categories according to the end-use industry, including mash and paper, personal care and cosmetic goods, material, oil and gas, hardware, food, polymers, water treatment, and others. Ammonium persulfates are formed by electrolysis of a concentrated arrangement of ammonium sulphate.

While sodium persulfate is produced by reacting ammonium persulfates with lye, potassium persulfate is produced by electrolyzing a concentrated solution of potassium sulphate. In glass-like material structures, ammonium, potassium, and sodium persulfates are commercially available. Because it doesn't produce exhaust and isn't corrosive to certain materials, ammonium persulfate is used as the optimum etchant. Potassium persulfate does not hold onto moisture. These are mostly used in pulp, paper, textiles, electronics, cosmetics, and personal care products, among other things.

Key Insights

• As per the analysis shared by our research analyst, the global persulfates market is estimated to grow annually at a CAGR of around 3.5% over the forecast period (2022-2028).
•  In terms of revenue, the global persulfates market size was valued at around USD 755 million in 2021 and is projected to reach USD 961 million, by 2028.
• Due to a variety of driving factors, the market is predicted to rise at a significant rate. The global persulfates market is projected to grow owing to the increasing demand for Persulfates from various end-use industries such as electronics, healthcare, water treatment and others.
• Based on type, the sodium persulfate segment accounted for the largest market share in 2021.
• Based on application, the bleaching & sizing agent led the market in 2021.
• Based on the industry vertical, the electronic segment is expected to dominate the market during the forecast period.
• Based on region, the Asia Pacific is projected to dominate the market during the forecast period.

Request Free Sample

Persulfates Market: Growth Drivers

Growing demand for persulfates from the electronics industry to drive the market growth

The growing demand for persulfates from the electronics industry is expected to propel the global persulfates market growth during the forecast period. A compound having sulphur anions in the regular tetrahedral geometry typical for the S(VI) oxidation state is known as a persulfate (or peroxysulfate). The salts of persulfate are powerful oxidizers. In the electronics industry, it is used in the cleaning and etching of printed circuit boards. Before coating, plating, and adhesive bonding on electronic components, persulfates are used to clean the surfaces of metals such as brass, copper, nickel, aluminum, zinc, and titanium.

Persulfates Market: Restraints

An adverse impact on human health is expected to hamper market expansion

The expansion of ammonium persulfates is expected to be somewhat constrained by allergic responses, irritability, and rhinitis linked to cosmetic goods derived from this compound. The handling, storage, and disposal of persulfate compounds must be done with caution because they are hazardous to human health. Persulfates' expansion is expected to be limited to some extent by problems in handling, storing, and transporting them.

The throat, lungs, nose, eyes, and skin may get irritated after being exposed to persulfates in dust form. Continual exposure could cause breathing problems and the development of asthmatic symptoms. The skin of humans can get somewhat irritated by persulfates in greater quantities. People who are exposed to them at work have skin and respiratory tract irritation. As a result, their use is restricted in developed nations like the United States. Despite the moderate toxicity of potassium persulfates, prolonged exposure to them can have a deleterious impact on human health.

The negative effects of exposure to potassium persulfates include cancer and problems with one's reproductive system, among other things. Due to the similarities in characteristics between the two compounds, sodium sulphate is a widely used alternative to potassium persulfate in a few analytical techniques.

Persulfates Market: Opportunities

Increasing uses of persulfate from various end-use industries is expected to provide lucrative opportunity for the market growth

Ammonium persulfate has a moderately unpleasant odor and is a powerful oxidizing agent. Ammonium, potassium, and sodium persulfates are employed in hair colorants and lighteners as oxidizing agents under the cosmetics & personal care category. These persulfates are employed as food preservatives and as catalysts in polymerization operations.

They are also helpful in the stimulation of oil and gas wells as boosters. In interaction with wet, greasy, and dry meals as well as in cellophane films, ammonium persulfate is employed as a component of paper and paperboard. Additionally, persulfates are employed in wastewater treatment to facilitate the simple oxidative destruction of chemicals and hazardous compounds. As a result, the demand for persulfates for use in water treatment is increasing. Thus, the growing usage of persulfate from various end-use industries is expected to provide an attractive opportunity for market growth during the forecast period.

Persulfates Market: Segmentation

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

Based on type, the global market is bifurcated into ammonia persulfate, sodium persulfate, and potassium persulfate. Sodium persulfate held the largest market share in 2021 and is expected to maintain its dominance during the forecast period. Sodium persulfate is a strongly oxidizing chemical used as a bleaching and oxidizing agent. Persulfate oxidation mechanisms are effective in degrading many volatile oxidizing chemicals (VOCs) including chlorinated ethenes (CEs), BTEXs, and trichloroethanes.

The compound is used as a promoter for polymerization reactions. Moreover, sodium persulfate has also been used as a chemical oxidant to treat laboratory slurry reactors for the accumulation of surfactants. Besides, ammonia persulfate is growing at the highest CAGR during the forecast period. The segment's expansion is attributable to its strong oxidizing agents, which have numerous uses in the bleaching and polymer industries. Due to their great purity, ammonium persulfates are risk-free, simple to handle, and have exceptional storage stability.

Based on application, the market is segmented into polymer initiator, oxidation, bleaching & sizing agent, down-hole, and others. The bleaching & sizing agent led the market in 2021 and is expected to grow during the forecast period. In the pulp and paper, textile, cosmetic, and personal care industries, persulfates are employed as bleaching agents. Neopropene, polystyrene, acrylics, and polyvinyl chloride polymers are produced using the emulsion polymerization process using persulfates as initiators. In the synthesis of latex polymers used in products like paints, coatings, carpet backing, etc., they are also utilized as initiators. In the polymer sector, persulfates are also frequently used in the production of synthetic rubbers like styrene-butadiene and isoprene. Thus, driving segmental growth.

Based on industry vertical, the global persulfates market is segmented into polymers, electronics, cosmetic & personal care, pulp, paper & textile, water treatment, oil & gas, soil remediation, and others. The electronics segment is expected to dominate the market during the forecast period owing to the growing applications in this end-use sector such as in cleaning agents and etchants for printed circuit board manufacturing.

A variety of printed circuit board substrates are cleaned and microetched using persulfates as oxidizing agents. Due to the expanding usage of persulfates as initiators in the polymerization of synthetic rubber and latex, the plastics and polymers category is anticipated to considerably contribute to market growth. Persulfates are also employed as initiators in the creation of polymeric concrete and coatings on graphite filaments. On the other hand, the water treatment industry is growing at the highest CAGR during the forecast period as it is used as an oxidizing agent for the treatment of water. Moreover, with increasing concern about the environment, the consumption of persulfates in the water treatment industry is growing at a rapid pace.

Recent Developments:

• In September 2022, Indian specialty chemicals company Calibre Chemicals agreed to acquire RheinPerChemie (RPC) from Evonik. Based in Rheinfelden, Germany, RPC manufactures ammonium and sodium persulfates. The RPC acquisition will accelerate organization learning to provide best-in-class products and services to customers and enhance customer-centricity for all our business lines in Europe.
• In September 2020, LANXESS plans to expand its capacity for oxone monopersulfate, a main active ingredient for disinfectants.

Persulfates Market Report Scope:

Persulfates Market: Regional Analysis

The Asia Pacific is expected to dominate the market during the forecast period

Due to rising demand from end-use sectors like personal care & cosmetics, paper & pulp, among others, Asia Pacific is anticipated to account for a substantial percentage of the global persulfates market. China's market is expanding significantly, mainly as a result of government efforts to position the nation as a net exporter of goods based on polymers. Leading companies in China like PeroxyChem and Fujian Zhanhua Chemical Company are actively involved in research and development to create novel products and pave the way for new applications.

For instance, PeroxyChem launched its new product in the Klozur Series, Klozur One, a sodium persulfate-based activated persulfate in May 2017. Furthermore, the region's growing consumer appliance demand and preference for polymers over metals are increasing the region's polymer initiator industry, which is in turn boosting the persulfates market there.

Persulfates Market: Competitive Analysis

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.

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