Persulfates Market by Type(Ammonium, Potassium, and Sodium), By End-Use Industry (Plastic, Textile, Healthcare, Beauty &Personal Care, Adhesive and Sealant, Chemical, and Water Treatment)- Global Analysis & Forecast 2020-2030
Report ID : 290 | Published Date : Jun 2020 | Pages : 160 | Region : Global | Report Code : CM-25
Persulfates Market Overview and Introduction
Persulfates are chemical compounds that offer the highest oxidation potential when compared with other per oxygen compounds such as permanganates. Owing to theircost-efficiency and excellent shelf life &chemical properties, ammonium, potassium, sodium persulfates, among others, find applications across different industries.
The global persulfates market is majorly driven by the utilization of persulfates across various industries. They areutilized extensively in the plastic industry. Ammonium, potassium, and sodium persulfates are widely utilized as initiators for emulsion polymerization reactions for the development of acrylics, polyvinyl chlorides, polystyrenes, and neoprene. In the rubber industry, they are utilized as polymerization initiators for the manufacture of synthetic rubber (styrene-butadiene and isoprene) used in automotivetires. Additionally, the oxidation power of persulfates makes them useful for cleaning different metal surfaces such as aluminum, brass, and copper prior to plating and adhesive bonding. They are alsoutilized as etchants for nickel, titanium, and zincalloys. Moreover, persulfates also find application in paints &adhesives, oil &gas, mining, chemical, pulp &paper, textiles, cosmetics, andothers.
The globalpersulfitesmarket is segmented by type, end-useindustry, and region.
Persulfates Market By Type
By type, the persulfate market can be segmented into ammonium persulfate, potassium persulfate, and sodium persulfate. The demand for ammonium persulfate is expected to increase in the coming years owing to its increasing utilizationin the polymer industry. Ammonium persulfate is used as an initiator for the polymerization for monomers & vinyl acetate and also as a strong oxidizing agent for a broad spectrum ofapplications. The demand for sodium persulfate is expected to grow owing to its increasing applications in polymers, cosmetics, and healthcare, among others. For instance, sodium persulfate is used as a reagent forthe preparation of antibiotics in the healthcare industry, as a bleaching agent in the cosmetic industry and to de-size & bleachgarments and develop dyestuffs in the textile industry.
PersulfatesMarket By End Use Industry
In terms of end-use industry, the persulfates market can be segmented into plastic, textile, healthcare, beauty &personal care, adhesive &sealant, chemical, water treatment,and others. Among these, the plastics industry accounts for the largest market share owing to the widespread utilization of persulfates in polymers as oxidizers, chain free radicals, and polymerization initiators. Additionally, their utilization in the production of different polymers, such as acrylics,polyvinyl chlorides, polystyrenes, and neoprene, are expected to supplement growth in the coming years. Furthermore, the growing cosmetics industry is further expected to boost the demand for persulfates in the coming years owing to its applications in grooming products. Persulfates are important ingredients of hair bleaching and lightener products as they help to decolorize or lighten hair by oxidizing the colors present in the hair shaft.
Persulfates Market By Region
The globalpersulfatesmarket can be segmented into North America, Europe, Asia Pacific, and the Rest of the World (ROW).Asia Pacific will dominate the persulfates market owing to the high demand from China, Japan, South Korea, and India. The growing utilization of persulfates in plastics, textiles, paper, and paints &coatings is further boosting market growth in the region. The demand for persulfates in the North American market can be largely attributed to its growing utilization in healthcare, wastewater treatment, and beauty &personal care.
PersulfateMarket Prominent Players
Some of the prominent players in the global persulfate market are PeroxyChem (Evonik Industries), United Initiators, Fujian ZhanHua Chemical Co., Ltd., Yatai Electrochemistry Co., Ltd., MITSUBISHI GAS CHEMICAL COMPANY, INC., HebeiJiheng Group Co., Ltd, ADEKA CORPORATION, Shanghai Ansin Chemical Co., Ltd, ABC Chemicals(Shanghai)Co., Ltd., and Ak-Kim Kimya, among others.