Asia Pacific Persulfates Market Size, Share & Trends Analysis Report By Type, By End-use, By Country and Growth Forecast, 2024

Description

List of Tables

The Asia Pacific Persulfates Market would witness market growth of 3.7% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 1,507.36 hundred tonnes, showcasing a growth of 18.0% (2020-2023).

Potassium persulfate, with the chemical formula K2S2O8, is a versatile compound with strong oxidizing properties that finds wide application in various industries. It appears as a white, crystalline powder and is soluble in water. One of its primary uses is as an initiator for polymerization reactions, particularly in the production of acrylics, elastomers, and vinyl polymers. This makes potassium persulfate an essential component in the manufacturing of plastics, adhesives, and coatings. Thus, the China market consumed 49.71 hundred tonnes of Potassium persulfate in 2023.

The China market dominated the Asia Pacific Persulfates Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $157.7 million by 2031. The Japan market is registering a CAGR of 3.4% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 4.1% during (2024 - 2031).

The adoption of these chemicals has been steadily increasing across industries, driven by several factors, including regulatory requirements, technological advancements, and the need for effective solutions in various applications. For example, the polymer industry relies heavily on these chemicals as initiators for polymerization reactions. As the demand for polymers continues to rise across various sectors, including packaging, automotive, construction, and healthcare, the adoption of persulfate-based initiators has also increased.

Also, the adoption of these chemicals in environmental remediation projects is driven by the need to address soil and groundwater contamination at contaminated sites. Persulfate-based in situ chemical oxidation (ISCO) technologies offer an effective and cost-efficient solution for treating organic contaminants such as petroleum hydrocarbons, chlorinated solvents, and pesticides. Environmental consulting firms, remediation contractors, and regulatory agencies increasingly incorporate these chemicals based ISCO techniques into their remediation strategies to achieve successful site cleanups.

According to the National Investment Promotion and Facilitation Agency, India's domestic apparel & textile industry contributes approx. 2.3 % to the country's GDP, 13% to industrial production, and 12% to exports. India makes about 4% of the world's apparel and textile trade. India is one of the world's largest producers of cotton and jute. India is also the 2nd largest producer of silk worldwide, and 95% of the world's hand-woven fabric comes from India. Also, India is set to achieve $250 Bn textiles production by 2030. Likewise, as per the International Trade Administration (ITA), as of 2021, China's water treatment plants treated wastewater for 98.1% of municipalities and 28% of rural areas. China plans to build or renovate 80,000 km of sewage collection pipeline networks in the next few years. Also, the Chinese government plans to invest $50 billion in wastewater treatment for various heavy-polluting industries. Hence, the growing investment in wastewater treatment and the rising textile industry in the region is driving the market's growth.

Based on Type, the market is segmented into Ammonium, Sodium and Potassium. Based on End-use, the market is segmented into Polymers, Electronics, Oil & Gas, Pulp, Paper, & Textile, Water Treatment, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

Evonik Industries AG (RAG-Stiftung)
Calibre Chemicals Pvt. Ltd. (Everstone Capital Asia Pte. Ltd.)
United Initiators GmbH (EQUISTONE PARTNERS EUROPE)
Mitsubishi Gas Chemical Company, Inc.
Fujian ZhanHua Chemical Co., Ltd
Ak-kim Kimya Sanayi ve Ticaret A.S (Akkok Holding A.S)
Yatai Electrochemistry Co., Ltd.
ABC Chemicals(Shanghai)Co., Ltd.
San Yuan Chemical Co., Ltd.
Adeka Corporation

Asia Pacific Persulfates Market Report Segmentation

By Type (Volume, Hundred Tonnes, USD Billion, 2020-31)

Ammonium
Sodium
Potassium

By End-use (Volume, Hundred Tonnes, USD Billion, 2020-31)

Polymers
Electronics
Oil & Gas
Pulp, Paper, & Textile
Water Treatment
Others

By Country (Volume, Hundred Tonnes, USD Billion, 2020-31)

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Asia Pacific Persulfates Market, by Type
- 1.4.2Asia Pacific Persulfates Market, by End-use
- 1.4.3Asia Pacific Persulfates Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter Five Forces Analysis

Chapter 4.Asia Pacific Persulfates Market by Type

4.1Asia Pacific Ammonium Market by Country
4.2Asia Pacific Sodium Market by Country
4.3Asia Pacific Potassium Market by Country

Chapter 5.Asia Pacific Persulfates Market by End-use

5.1Asia Pacific Polymers Market by Country
5.2Asia Pacific Electronics Market by Country
5.3Asia Pacific Oil & Gas Market by Country
5.4Asia Pacific Pulp, Paper, & Textile Market by Country
5.5Asia Pacific Water Treatment Market by Country
5.6Asia Pacific Others Market by Country

Chapter 6.Asia Pacific Persulfates Market by Country

6.1China Persulfates Market
- 6.1.1China Persulfates Market by Type
- 6.1.2China Persulfates Market by End-use
6.2Japan Persulfates Market
- 6.2.1Japan Persulfates Market by Type
- 6.2.2Japan Persulfates Market by End-use
6.3India Persulfates Market
- 6.3.1India Persulfates Market by Type
- 6.3.2India Persulfates Market by End-use
6.4South Korea Persulfates Market
- 6.4.1South Korea Persulfates Market by Type
- 6.4.2South Korea Persulfates Market by End-use
6.5Singapore Persulfates Market
- 6.5.1Singapore Persulfates Market by Type
- 6.5.2Singapore Persulfates Market by End-use
6.6Malaysia Persulfates Market
- 6.6.1Malaysia Persulfates Market by Type
- 6.6.2Malaysia Persulfates Market by End-use
6.7Rest of Asia Pacific Persulfates Market
- 6.7.1Rest of Asia Pacific Persulfates Market by Type
- 6.7.2Rest of Asia Pacific Persulfates Market by End-use

Chapter 7.Company Profiles

7.1Calibre Chemicals Pvt. Ltd. (Everstone Capital Asia Pte. Ltd.)
- 7.1.1Company Overview
7.2United Initiators GmbH (Equistone Partners Europe)
- 7.2.1Company Overview
7.3Fujian ZhanHua Chemical Co., Ltd
- 7.3.1Company Overview
7.4Ak-kim Kimya Sanayi ve Ticaret A.S (Akkok Holding A.S)
- 7.4.1Company Overview
- 7.4.2Financial Analysis
- 7.4.3Research & Development Expenses
7.5Yatai Electrochemistry Co., Ltd.
- 7.5.1Company Overview
7.6ABC Chemicals (Shanghai)Co., Ltd.
- 7.6.1Company Overview
7.7ADEKA Corporation
- 7.7.1Company Overview
- 7.7.2Financial Analysis
- 7.7.3Segmental and Regional Analysis
7.8San Yuan Chemical Co., Ltd.
- 7.8.1Company Overview
7.9Evonik Industries AG (RAG-Stiftung)
- 7.9.1Company Overview
- 7.9.2Financial Analysis
- 7.9.3Segmental and Regional Analysis
- 7.9.4Research & Development Expenses
- 7.9.5SWOT Analysis
7.10.Mitsubishi Gas Chemical Company, Inc.
- 7.10.1Company Overview
- 7.10.2Financial Analysis
- 7.10.3Segmental Analysis
- 7.10.4SWOT Analysis

LIST OF TABLES

TABLE 1Asia Pacific Persulfates Market, 2020 - 2023, USD Million
TABLE 2Asia Pacific Persulfates Market, 2024 - 2031, USD Million
TABLE 3Asia Pacific Persulfates Market, 2020 - 2023, Hundred Tonnes
TABLE 4Asia Pacific Persulfates Market, 2024 - 2031, Hundred Tonnes
TABLE 5Asia Pacific Persulfates Market by Type, 2020 - 2023, USD Million
TABLE 6Asia Pacific Persulfates Market by Type, 2024 - 2031, USD Million
TABLE 7Asia Pacific Persulfates Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 8Asia Pacific Persulfates Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 9Asia Pacific Ammonium Market by Country, 2020 - 2023, USD Million
TABLE 10Asia Pacific Ammonium Market by Country, 2024 - 2031, USD Million
TABLE 11Asia Pacific Ammonium Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 12Asia Pacific Ammonium Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 13Asia Pacific Sodium Market by Country, 2020 - 2023, USD Million
TABLE 14Asia Pacific Sodium Market by Country, 2024 - 2031, USD Million
TABLE 15Asia Pacific Sodium Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 16Asia Pacific Sodium Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 17Asia Pacific Potassium Market by Country, 2020 - 2023, USD Million
TABLE 18Asia Pacific Potassium Market by Country, 2024 - 2031, USD Million
TABLE 19Asia Pacific Potassium Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 20Asia Pacific Potassium Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 21Asia Pacific Persulfates Market by End-use, 2020 - 2023, USD Million
TABLE 22Asia Pacific Persulfates Market by End-use, 2024 - 2031, USD Million
TABLE 23Asia Pacific Persulfates Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 24Asia Pacific Persulfates Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 25Asia Pacific Polymers Market by Country, 2020 - 2023, USD Million
TABLE 26Asia Pacific Polymers Market by Country, 2024 - 2031, USD Million
TABLE 27Asia Pacific Polymers Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 28Asia Pacific Polymers Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 29Asia Pacific Electronics Market by Country, 2020 - 2023, USD Million
TABLE 30Asia Pacific Electronics Market by Country, 2024 - 2031, USD Million
TABLE 31Asia Pacific Electronics Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 32Asia Pacific Electronics Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 33Asia Pacific Oil & Gas Market by Country, 2020 - 2023, USD Million
TABLE 34Asia Pacific Oil & Gas Market by Country, 2024 - 2031, USD Million
TABLE 35Asia Pacific Oil & Gas Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 36Asia Pacific Oil & Gas Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 37Asia Pacific Pulp, Paper, & Textile Market by Country, 2020 - 2023, USD Million
TABLE 38Asia Pacific Pulp, Paper, & Textile Market by Country, 2024 - 2031, USD Million
TABLE 39Asia Pacific Pulp, Paper, & Textile Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 40Asia Pacific Pulp, Paper, & Textile Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 41Asia Pacific Water Treatment Market by Country, 2020 - 2023, USD Million
TABLE 42Asia Pacific Water Treatment Market by Country, 2024 - 2031, USD Million
TABLE 43Asia Pacific Water Treatment Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 44Asia Pacific Water Treatment Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 45Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 46Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 47Asia Pacific Others Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 48Asia Pacific Others Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 49Asia Pacific Persulfates Market by Country, 2020 - 2023, USD Million
TABLE 50Asia Pacific Persulfates Market by Country, 2024 - 2031, USD Million
TABLE 51Asia Pacific Persulfates Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 52Asia Pacific Persulfates Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 53China Persulfates Market, 2020 - 2023, USD Million
TABLE 54China Persulfates Market, 2024 - 2031, USD Million
TABLE 55China Persulfates Market, 2020 - 2023, Hundred Tonnes
TABLE 56China Persulfates Market, 2024 - 2031, Hundred Tonnes
TABLE 57China Persulfates Market by Type, 2020 - 2023, USD Million
TABLE 58China Persulfates Market by Type, 2024 - 2031, USD Million
TABLE 59China Persulfates Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 60China Persulfates Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 61China Persulfates Market by End-use, 2020 - 2023, USD Million
TABLE 62China Persulfates Market by End-use, 2024 - 2031, USD Million
TABLE 63China Persulfates Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 64China Persulfates Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 65Japan Persulfates Market, 2020 - 2023, USD Million
TABLE 66Japan Persulfates Market, 2024 - 2031, USD Million
TABLE 67Japan Persulfates Market, 2020 - 2023, Hundred Tonnes
TABLE 68Japan Persulfates Market, 2024 - 2031, Hundred Tonnes
TABLE 69Japan Persulfates Market by Type, 2020 - 2023, USD Million
TABLE 70Japan Persulfates Market by Type, 2024 - 2031, USD Million
TABLE 71Japan Persulfates Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 72Japan Persulfates Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 73Japan Persulfates Market by End-use, 2020 - 2023, USD Million
TABLE 74Japan Persulfates Market by End-use, 2024 - 2031, USD Million
TABLE 75Japan Persulfates Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 76Japan Persulfates Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 77India Persulfates Market, 2020 - 2023, USD Million
TABLE 78India Persulfates Market, 2024 - 2031, USD Million
TABLE 79India Persulfates Market, 2020 - 2023, Hundred Tonnes
TABLE 80India Persulfates Market, 2024 - 2031, Hundred Tonnes
TABLE 81India Persulfates Market by Type, 2020 - 2023, USD Million
TABLE 82India Persulfates Market by Type, 2024 - 2031, USD Million
TABLE 83India Persulfates Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 84India Persulfates Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 85India Persulfates Market by End-use, 2020 - 2023, USD Million
TABLE 86India Persulfates Market by End-use, 2024 - 2031, USD Million
TABLE 87India Persulfates Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 88India Persulfates Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 89South Korea Persulfates Market, 2020 - 2023, USD Million
TABLE 90South Korea Persulfates Market, 2024 - 2031, USD Million
TABLE 91South Korea Persulfates Market, 2020 - 2023, Hundred Tonnes
TABLE 92South Korea Persulfates Market, 2024 - 2031, Hundred Tonnes
TABLE 93South Korea Persulfates Market by Type, 2020 - 2023, USD Million
TABLE 94South Korea Persulfates Market by Type, 2024 - 2031, USD Million
TABLE 95South Korea Persulfates Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 96South Korea Persulfates Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 97South Korea Persulfates Market by End-use, 2020 - 2023, USD Million
TABLE 98South Korea Persulfates Market by End-use, 2024 - 2031, USD Million
TABLE 99South Korea Persulfates Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 100South Korea Persulfates Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 101Singapore Persulfates Market, 2020 - 2023, USD Million
TABLE 102Singapore Persulfates Market, 2024 - 2031, USD Million
TABLE 103Singapore Persulfates Market, 2020 - 2023, Hundred Tonnes
TABLE 104Singapore Persulfates Market, 2024 - 2031, Hundred Tonnes
TABLE 105Singapore Persulfates Market by Type, 2020 - 2023, USD Million
TABLE 106Singapore Persulfates Market by Type, 2024 - 2031, USD Million
TABLE 107Singapore Persulfates Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 108Singapore Persulfates Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 109Singapore Persulfates Market by End-use, 2020 - 2023, USD Million
TABLE 110Singapore Persulfates Market by End-use, 2024 - 2031, USD Million
TABLE 111Singapore Persulfates Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 112Singapore Persulfates Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 113Malaysia Persulfates Market, 2020 - 2023, USD Million
TABLE 114Malaysia Persulfates Market, 2024 - 2031, USD Million
TABLE 115Malaysia Persulfates Market, 2020 - 2023, Hundred Tonnes
TABLE 116Malaysia Persulfates Market, 2024 - 2031, Hundred Tonnes
TABLE 117Malaysia Persulfates Market by Type, 2020 - 2023, USD Million
TABLE 118Malaysia Persulfates Market by Type, 2024 - 2031, USD Million
TABLE 119Malaysia Persulfates Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 120Malaysia Persulfates Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 121Malaysia Persulfates Market by End-use, 2020 - 2023, USD Million
TABLE 122Malaysia Persulfates Market by End-use, 2024 - 2031, USD Million
TABLE 123Malaysia Persulfates Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 124Malaysia Persulfates Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 125Rest of Asia Pacific Persulfates Market, 2020 - 2023, USD Million
TABLE 126Rest of Asia Pacific Persulfates Market, 2024 - 2031, USD Million
TABLE 127Rest of Asia Pacific Persulfates Market, 2020 - 2023, Hundred Tonnes
TABLE 128Rest of Asia Pacific Persulfates Market, 2024 - 2031, Hundred Tonnes
TABLE 129Rest of Asia Pacific Persulfates Market by Type, 2020 - 2023, USD Million
TABLE 130Rest of Asia Pacific Persulfates Market by Type, 2024 - 2031, USD Million
TABLE 131Rest of Asia Pacific Persulfates Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 132Rest of Asia Pacific Persulfates Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 133Rest of Asia Pacific Persulfates Market by End-use, 2020 - 2023, USD Million
TABLE 134Rest of Asia Pacific Persulfates Market by End-use, 2024 - 2031, USD Million
TABLE 135Rest of Asia Pacific Persulfates Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 136Rest of Asia Pacific Persulfates Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 137Key Information - Calibre Chemicals Pvt. Ltd.
TABLE 138Key Information - United Initiators GmbH
TABLE 139Key Information - Fujian ZhanHua Chemical Co., Ltd
TABLE 140Key Information - Ak-kim Kimya Sanayi ve Ticaret A.S
TABLE 141Key Information - Yatai Electrochemistry Co., Ltd.
TABLE 142Key Information - ABC Chemicals (Shanghai)Co., Ltd.
TABLE 143Key Information - ADEKA Corporation
TABLE 144Key Information - San Yuan Chemical Co., Ltd.
TABLE 145Key Information - Evonik Industries AG
TABLE 146Key Information - Mitsubishi Gas Chemical Company, Inc.

Asia Pacific Persulfates Market Size, Share & Trends Analysis Report By Type, By End-use, By Country and Growth Forecast, 2024 - 2031