Persulfates Market- Global Opportunity and Growth Analysis 2022

Cosmetics & Toiletries Wholesale & Manufacturers

Updated on Nov 20, 2019

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The market size for persulfates is estimated to grow from USD 549.4 Million in 2017 to USD 727.8 Million by 2022, at a CAGR of 5.8% from 2017 to 2022. The growth can be attributed to the increased demand for persulfates from various end-use industries, such as polymers, cosmetics & personal care, electronics, and pulp, paper & textiles.

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Growing demand from the end-use industries

Persulfates are used in end-use industries such as polymers, electronics, cosmetics & personal care, water treatment, pulp, paper & textiles, oil & gas, and soil remediation. Persulfates are used to initiate emulsion polymerization reactions for polymers such as acrylamide, styrene-butadiene rubber (SBR), alkenes, and fluoropolymers. The consumption of persulfates in the polymer industry is expected to increase with the increase in polymer manufacturing. The US, Europe, Japan are developed economies that have slower growth in the demand for persulfates due to the shift of the polymer manufacturing industry. However, in the developing economies such as China and India persulfates have been witnessing increasing demand for persulfates.

The personal care industry is growing globally, and the demand for products containing persulfates will see a surge in the future. Owing to increasing demands, the trade of persulfates has increased.

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Ammonium persulfate segment is projected to lead the persulfates market

Use of ammonium persulfate as chain initiator in polymer manufacturing, in the formulations used for skin products in cosmetics & personal care industry, and as a bleaching agent in the pulp, paper & textile industry is expected to drive the market for ammonium persulfates globally.

Key Target Audience:

Raw Material Suppliers
Manufacturers of Persulfates
Traders, Distributors, and Suppliers of Persulfates
Government & Regional Agencies, Research Organizations, and Investors

Expansions, new product launches, and mergers & acquisitions were the key strategies adopted by leading players to enhance their presence in the persulfates market. PeoxyChem (US), United Initiators (Germany), Mitsubishi Gas Chemical Company (Japan), Ak-Kim Kimya (Turkey), and Fujian Zhanhua Chemical Company (China) are some of the leading players operating in the persulfates market.

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