The global market for Persulfates is estimated at US$778.6 Million in 2023 and is projected to reach US$998.5 Million by 2030, growing at a CAGR of 3.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the persulfates market is driven by several factors. One significant driver is the increasing demand for polymers and plastics, particularly in emerging economies, which boosts the need for effective polymerization initiators like persulfates. The expanding use of persulfates in water and wastewater treatment, driven by stringent environmental regulations and the need for sustainable water management solutions, is also propelling market growth. Technological advancements that enhance the efficiency and safety of persulfate applications are further contributing to their adoption in various industries.
Additionally, the growing cosmetics and personal care market, coupled with the rising demand for hair bleaching and lightening products, is driving the need for persulfates. The diversification of applications in sectors such as electronics, textiles, and pharmaceuticals ensures a robust growth trajectory for the persulfates market, as industries continue to seek reliable and effective chemical solutions.
The growth in the persulfates market is driven by several factors. One significant driver is the increasing demand for polymers and plastics, particularly in emerging economies, which boosts the need for effective polymerization initiators like persulfates. The expanding use of persulfates in water and wastewater treatment, driven by stringent environmental regulations and the need for sustainable water management solutions, is also propelling market growth. Technological advancements that enhance the efficiency and safety of persulfate applications are further contributing to their adoption in various industries.
Additionally, the growing cosmetics and personal care market, coupled with the rising demand for hair bleaching and lightening products, is driving the need for persulfates. The diversification of applications in sectors such as electronics, textiles, and pharmaceuticals ensures a robust growth trajectory for the persulfates market, as industries continue to seek reliable and effective chemical solutions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Ammonium Persulfate segment, which is expected to reach US$458.4 Million by 2030 with a CAGR of a 3.5%. The Sodium Persulfate segment is also set to grow at 4.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $209.9 Million in 2023, and China, forecasted to grow at an impressive 5.7% CAGR to reach $200.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Persulfates Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Persulfates Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Persulfates Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ABC Chemicals (Shanghai) Co., Ltd., Adeka Corporation, AK-Kim Kimya Sanayi Ve Ticaret AS, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 46 Featured):
- ABC Chemicals (Shanghai) Co., Ltd.
- Adeka Corporation
- AK-Kim Kimya Sanayi Ve Ticaret AS
- Fujian ZhanHua Chemical Co., Ltd.
- Hebei Jiheng (Group) Pharmaceutical Co., Ltd.
- Hebei Yatai Electrochemistry Co., Ltd.
- Hengshui Jiamu Chemical Co., Ltd.
- Lanxess AG
- Mitsubishi Gas Chemical Co., Inc.
- Pernod Ricard Groupe
- Powder Pack Chem
- Shaanxi Baohua Technologies Co., Ltd.
- Sinchem Industry Co., limited
- Stars Chemical (YongAn) Co., Ltd.
- United Initiators GmbH
- VR Persulfates Pvt. Ltd
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- ABC Chemicals (Shanghai) Co., Ltd.
- Adeka Corporation
- AK-Kim Kimya Sanayi Ve Ticaret AS
- Fujian ZhanHua Chemical Co., Ltd.
- Hebei Jiheng (Group) Pharmaceutical Co., Ltd.
- Hebei Yatai Electrochemistry Co., Ltd.
- Hengshui Jiamu Chemical Co., Ltd.
- Lanxess AG
- Mitsubishi Gas Chemical Co., Inc.
- Pernod Ricard Groupe
- Powder Pack Chem
- Shaanxi Baohua Technologies Co., Ltd.
- Sinchem Industry Co., limited
- Stars Chemical (YongAn) Co., Ltd.
- United Initiators GmbH
- VR Persulfates Pvt. Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 196 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 778.6 Million |
Forecasted Market Value ( USD | $ 998.5 Million |
Compound Annual Growth Rate | 3.6% |
Regions Covered | Global |
No. of Companies Mentioned | 16 |