Persulfates Market Scope
Persulfates Market research report offers business strategy, covers complete landscape for business development including major regions with the frame of reference historic data. Competitive scenario of current market situations, demand, and manufacturing cost with their size, share and growth revenue trend with different challenges and opportunities, industry players. The global Persulfates Market report is witness huge growth with leading region and countries data. The persulfate market is projected to reach USD 861 million by 2025, at a CAGR of 3.4%.
What is Persulfates Industry?
The persulfates industry is a sector of the chemical industry that specializes in the production and supply of persulfates, which are a group of highly reactive and oxidizing compounds. The most common persulfates are ammonium persulfate, potassium persulfate, and sodium persulfate, which are widely used in a variety of applications, including:
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Persulfates Market Drivers and Restraints
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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