Home > Chemicals & Materials > Specialty Chemicals > Custom Synthesis > Persulfates Market

Persulfates Market Trends

  • Report ID: GMI8391
  • Published Date: Mar 2024
  • Report Format: PDF

Persulfates Market Trends

The increasing emphasis on sustainability and environmental responsibility. As environmental concerns gain prominence, there is a growing shift towards the development and adoption of eco-friendly alternatives in the chemical industry, impacting the use of persulfates. Additionally, advancements in technology and research are driving innovation. Companies are investing in research and development to enhance the efficiency and environmental performance of persulfates, ensuring they align with stringent regulations and market demands.
 

The market is also witnessing a surge in demand from emerging economies where industrialization and manufacturing activities are on the rise. The electronics and personal care sectors continue to be significant contributors to the growth, with the demand for persulfates in applications like circuit board etching and hair bleaching showing sustained momentum. To stay competitive, industry players are likely to focus on sustainability, innovation, and strategic collaborations, navigating challenges to capitalize on emerging opportunities in the evolving market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of persulfates was reached USD 869.7 million in 2023 and is anticipated to register a CAGR of over 3.7% between 2024 and 2032, driven by diverse industrial applications.

Sodium persulfate market held 64.6% revenue share in 2023, owing to the versatility and wide range of applications, including its use as a polymerization initiator.

U.S. region recorded recorded 40.7% revenue share of the persulfates market in 2023, driven by a strong presence in key industries, such as polymers, electronics, and oil & gas.

Adeka Corporation, Ak-Kim Kimya, Fujian ZhanHua Chemical Co., Ltd., PeroxyChem, and United Initiators

Persulfates Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 250
  • Countries covered: 22
  • Pages: 300
 Download Free Sample