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Persulfates Market by Type (Ammonium, Potassium, Sodium), by End-use Industry (Plastics, Electrical & electronics, Cosmetic & personal Care, Paper & Pulp, Oil & gas, Water treatment & soil remediation, Others), by North America (United States, Canada, Mexico), by Middle East & Africa (UAE, South Africa, Saudi Arabia, Rest of Middle East Africa), by Asia Pacific (China, Japan, India, South Korea, Taiwan, South East Asia, Australia, Rest of Asia-Pacific), by Europe (Germany, France, Italy, United Kingdom, Spain, Nordics, Benelux, Rest of Europe), by Latin America (Brazil, Argentina, Rest of South America) Forecast 2024-2032
The Persulfates Market size was valued at USD 831.17 USD Million in 2023 and is projected to reach USD 1071.87 USD Million by 2032, exhibiting a CAGR of 3.7 % during the forecast period. Persulfates are potent oxidizers often applied in various industries, especially in the chemical and electronics industries. There is ammonium persulfate (APS) , sodium persulfate (SPS), and potassium persulfate (KPS). These compounds are special in that they can release sulfate radicals, which are rather reactive and good in oxidations. Persulfates are soluble easily in water and have high stability when used under proper conditions. These substances are used in polymerization processes to create a reaction, cleaning and etching to eliminate such elements, and environmental treatment to break down such components. Also, they are used in hair bleaching and as disinfectants especially in industries as well as in the commercial markets.
The increasing demand for persulfates in the plastics industry is a major driver for the growth of the persulfates market. Persulfates are used in the production of plastics to improve their strength, durability, and resistance to chemicals and heat. Other factors contributing to the growth of the persulfates market include the increasing demand for persulfates in the electrical & electronics industry, cosmetic & personal care industry, paper & pulp industry, oil & gas industry, water treatment & soil remediation industry, and others.
Type
End-use Industry
The comprehensive report on the persulfates market provides an overview of the market, its growth drivers, and challenges. It also includes a detailed analysis of the market by type, end-use industry, and region. The report also provides a competitive landscape of the market, including the market share of the leading players.
The persulfates market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The Asia-Pacific region is the largest market for persulfates, followed by North America and Europe. The increasing demand for persulfates in emerging economies in Asia-Pacific is driving the growth of the market in this region.
The consumer side analysis of the persulfates market includes a detailed analysis of consumer behavior, preferences, and trends. The report also includes an analysis of the factors influencing consumer decisions and the impact of these factors on the persulfates market.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 3.7% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 3.7% from 2018-2032 |
Segmentation |
|
Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
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Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
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