The “Persulfates Market” Report highlights major revenue stream for the forecast year 2020-2025 with growth patterns, sales volume and key market dynamics of industry. The report focuses on Skydiving market size, share, growth status and future trends along with business developments. The report also covers statistical overview on overall future prospects, demand scope, latest technological advancements and opportunities-challenges of top key players. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.
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
Persulfates Market report gives granular insights into industry dynamics (Key drivers, trends, restraints and opportunities), market segmentation details, regional revenue analysis and growth rate of top manufacturers – 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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Market drivers for persulfates include increasing demand for persulfates in various end-use industries such as electronics, cosmetics, and polymers, growing demand for environmentally friendly and sustainable alternatives to traditional chemical oxidizers, and increasing demand for high-performance polymers and composites.
Market restraints include the high cost of persulfates compared to alternative oxidizers, health and environmental concerns associated with the use of persulfates, and stringent regulations regarding the production and use of persulfates.
Persulfates Market Key Points:
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Persulfates Market Segmentation
Based on Type
The sodium persulfate segment is projected to lead the persulfate market from 2020 to 2025.
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 during the forecast period.
Based on end-use industry
The water treatment industry segment of the persulfates market is projected to grow at the highest CAGR between 2020 and 2025.
The water treatment industry segment is projected to grow at the highest CAGR between 2020 and 2025. 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.
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Based on Application
Based on Region
The water treatment industry segment of the persulfates market is projected to grow at the highest CAGR between 2020 and 2025.
The water treatment industry segment is projected to grow at the highest CAGR between 2020 and 2025. 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.
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