PUBLISHER: Value Market Research | PRODUCT CODE: 1548007
PUBLISHER: Value Market Research | PRODUCT CODE: 1548007
The global demand for Persulfate Market is presumed to reach the market size of nearly USD 1246.54 Million by 2032 from USD 866.76 Million in 2023 with a CAGR of 4.12% under the study period 2024-2032.
Persulfate or Peroxysulfate are robust sulphur salts which are oxidants used in chemical engineering applications. The general applications of these salts are in the environmental treatment of contaminated soil and groundwater. Persulfate salts are used in hair care products like bleaches and lighteners. Some of these salts are used in the polymerization process. The highly economical Persulfates are used in the manufacture of antibiotics, mining industry, textile dyeing and clearing swimming pools. Prolonged exposure to these salts can be hazardous and cause conditions like urticaria, respiratory issues.
The demand for Persulfates in consumer goods like cosmetics, polymer is the important driver of this market. Increased concern over the contamination of water and soil will further propel the growth of this market. The demand for these salts is continuing to grow in the electronics industry based on the continuous research and development activities being carried out in using these salts will further propel the growth of this market. The COVID-19 pandemic will considerably slow down the use of these salts in consumer products except for their use in the manufacture of gloves. The strict regulations laid out by the government in the use of these salts due to their negative side effects will hamper the growth of this market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Persulfate. The growth and trends of Persulfate industry provide a holistic approach to this study.
This section of the Persulfate market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Persulfate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Persulfate market include Evonik Active Oxygens, RheinPerChemie, UI VR Persulfates, Mitsubishi Gas Chemical Company Inc., Fujian ZhanHua Chemical Co. Ltd., Ak-Kim, Yatai Electrochemistry Co. Ltd., Hebei Jiheng Group, Fujian Jianou Yongsheng Industry, San Yuan Chemical Co. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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