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Persulfates Market | Covid-19 Impact Analysis
The Persulfates Market is Segmented by Type (Ammonium, Sodium, and Potassium), by End-Use Industry Type (Polymers, Electronics, Cosmetics & Personal Care, Pulp, Paper & Textiles, Soil Remediation, Oil & Gas, Water Treatment, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Persulfates Market is likely to witness a healthy CAGR of 5.8% during the forecast period. The growth of the market for persulfates is attributed to their use for diverse functions across various end-use industries. They find extensive use as free radical generator, oxidizers, and chain initiators in polymer manufacturing. Further, in the electronics industry, they are being used as cleaning agents and as etchants, which is another growth driver, apart from being also employed in the preparations of hair care and skin care products in the cosmetics & personal care industry. Surge in these application areas is expected to bolster the consumption of persulfates in these end-use industries, which in turn, is likely to drive the market during the forecast period.
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Persulfates Market - Snapshot |
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Growth |
5.8% for the next five years |
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Major End-Use Industry |
Electronics |
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Dominant Type |
Ammonium |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Peroxychem, United Initiators, Mitsubishi Gas Chemical Company, Ak-Kim Kimya, Adeka Corporation, VR Persulfates, Heibei Yatai Electrochemistry Company, Hebei Jiheng Group, Fujian Zhanhua Chemical Company, and Fujian Jianou Yongsheng Industry |
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Based on the type, the market is segmented as ammonium, potassium, and sodium persulfates. Ammonium persulfate, the cheapest persulfate amongst all the three, is a strong oxidizing agent and is majorly used in polymer manufacturing. This is also used as etchants and cleaners in PCB manufacturing. Increasing use of ammonium persulfates in the cosmetics & personal care industry is expected to drive the ammonium persulfates market with the highest CAGR, in terms of value, during the forecast period.
Based on the end-use industry, the persulfates market is segmented as polymers; electronics; cosmetics & personal care; water treatment; pulp, paper & textiles; oil & gas; soil remediation; and others. The electronics segment is expected to grow at the highest CAGR as persulfates are used as cleaning agents and etchants in the printed circuit board manufacturing, which is expected to drive the market during the foreseen duration.
In terms of regions, Asia-Pacific is estimated to dominate the overall persulfates market during the forecast period. Increasing demand from end-use industries such as pulp, paper & textiles, polymer manufacturing, and cosmetics & personal care is expected to drive the demand for persulfates in the Asia-Pacific region. Increasing concerns regarding soil pollution are expected to further boost the consumption of persulfates in soil remediation in the region.
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Some of the major players in the persulfates market are-
Persulfates are the inorganic compounds readily soluble in water and are prepared by electrolysis of their analogous sulfates at high current density and low temperature. On account of oxidation, persulfate when dissolved in water produces acidic solution. Persulfates act as strong oxidants with a temperate shelf life and they can be very economical to use when they are stored properly.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Persulfates Market Research Report – Features |
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Market Segmentation |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
18 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The persulfates market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The persulfates market is expected to witness an impressive growth of 5.8% CAGR in the foreseeable future.
Peroxychem, United Initiators, Mitsubishi Gas Chemical Company, Ak-Kim Kimya, Adeka Corporation, VR Persulfates, Heibei Yatai Electrochemistry Company, Hebei Jiheng Group, Fujian Zhanhua Chemical Company, and Fujian Jianou Yongsheng Industry are among the key players in the persulfates market.
Asia-Pacific is expected to dominate the persulfates market during the next five years.
The electronics segment is expected to grow with the highest CAGR in the persulfates market in the coming years.
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