Market Overview:
The global potassium monopersulfate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for potassium monopersulfate from various applications such as electronics, water treatment, laundry bleach, wool shrinkproofing, pharmaceutical / chemical synthesis and others. In terms of type, the powder segment is expected to lead the global potassium monopersulfate market during the forecast period owing to its high purity and easy handling properties. In terms of region, North America is expected to lead the global potassium monopersulfate market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Potassium Monopersulfate is a water soluble inorganic compound with the formula K2S2O8. It is a white crystalline solid that is used as an oxidizing agent and bleaching agent.
Powder:
Powder is a fine, dry, white or brownish solid and has better flow than the liquid. It can be easily handled by the manufacturers as well as consumers due to its dry nature. Powder form of KMT is preferred over liquid due to ease in handling and transportation. The powder can be stored for a longer duration without any special conditions being met along with easy handling by both producers & consumers at any time during the supply chain without compromising on quality or safety parameters.
Granule:
Granule is a primary particle used in the production of potassium monopesulfate (KMPS). It is an organic compound, which has a white crystalline structure. The product has high surface area and porosity, which facilitates easy separation of the mixture during filtration process. Granules are manufactured using various methods including dry milling and wet milling with different sizes depending on end use application.
Application Insights:
The laundry bleach application segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The product has gained popularity as it cleans tough stains away with just water and no additional chemicals. It also leaves behind a fresh smell after washing, which is likely to propel its demand further.
Water treatment was another major application of potassium monopersulfate, accounting for over 15% of market volume in 2016. The product has high demand as a desulfurizing agent in chemical manufacturing industries across various regions owing to stringent regulations on sulfur content in fuels and oils imposed by governments across countries such as U.S., China, India and Brazil among others have increased the consumption of potassium monopersulfate globally over recent years ¢â‚¬Å“to maintain low sulfur content fuel standards¢â‚¬ (Refinery Processing Observer June 2017).
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of potassium monopersulfate consumption owing to high demand from various end-use industries, such as electronics, textile & fabric care, pharmaceuticals and water treatment. China is one of the major producers and consumers of potassium monopersulfate globally. It imports most products from Russia on account of lower production cost coupled with easy availability of raw materials in that country. However, it has started producing tablets itself on an experimental basis at its plant located at Urumqi city in Northwest China (Xinjiang).
Growth Factors:
- Increasing demand from the end-use industries such as textiles, pulp and paper, and leather due to its excellent bleaching properties.
- Rising awareness about the benefits of potassium monopersulfate over other bleaching agents among consumers.
- Growing investments by key players in research and development to develop new applications for potassium monopersulfate.
- Expansion of production capacities by key manufacturers to cater to the increasing demand from global markets.
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium Monopersulfate Market Research Report
By Type
Powder, Granule, Tablet
By Application
Electronics, Water Treatment, Laundry Bleach, Wool Shrinkproofing, Pharmaceutical / Chemical Synthesis, Others
By Companies
Lanxess, VR Persulfates, United Initiators, Haihang Industry, Ansin Chemical, Shangyu Jiehua Chemical, Lanxess
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Potassium Monopersulfate Market Report Segments:
The global Potassium Monopersulfate market is segmented on the basis of:
Types
Powder, Granule, Tablet
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronics, Water Treatment, Laundry Bleach, Wool Shrinkproofing, Pharmaceutical / Chemical Synthesis, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lanxess
- VR Persulfates
- United Initiators
- Haihang Industry
- Ansin Chemical
- Shangyu Jiehua Chemical
- Lanxess
Highlights of The Potassium Monopersulfate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Granule
- Tablet
- By Application:
- Electronics
- Water Treatment
- Laundry Bleach
- Wool Shrinkproofing
- Pharmaceutical / Chemical Synthesis
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Potassium Monopersulfate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Potassium monopersulfate is a salt that is used as a preservative in many foods. It helps to prevent the growth of bacteria and fungi.
Some of the major companies in the potassium monopersulfate market are Lanxess, VR Persulfates, United Initiators, Haihang Industry, Ansin Chemical, Shangyu Jiehua Chemical, Lanxess.
The potassium monopersulfate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Potassium Monopersulfate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Potassium Monopersulfate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Potassium Monopersulfate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Potassium Monopersulfate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Potassium Monopersulfate Market Size & Forecast, 2018-2028
4.5.1 Potassium Monopersulfate Market Size and Y-o-Y Growth
4.5.2 Potassium Monopersulfate Market Absolute $ Opportunity
Chapter 5 Global Potassium Monopersulfate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Potassium Monopersulfate Market Size Forecast by Type
5.2.1 Powder
5.2.2 Granule
5.2.3 Tablet
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Potassium Monopersulfate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Potassium Monopersulfate Market Size Forecast by Applications
6.2.1 Electronics
6.2.2 Water Treatment
6.2.3 Laundry Bleach
6.2.4 Wool Shrinkproofing
6.2.5 Pharmaceutical / Chemical Synthesis
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Potassium Monopersulfate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Potassium Monopersulfate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Potassium Monopersulfate Analysis and Forecast
9.1 Introduction
9.2 North America Potassium Monopersulfate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Potassium Monopersulfate Market Size Forecast by Type
9.6.1 Powder
9.6.2 Granule
9.6.3 Tablet
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Potassium Monopersulfate Market Size Forecast by Applications
9.10.1 Electronics
9.10.2 Water Treatment
9.10.3 Laundry Bleach
9.10.4 Wool Shrinkproofing
9.10.5 Pharmaceutical / Chemical Synthesis
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Potassium Monopersulfate Analysis and Forecast
10.1 Introduction
10.2 Europe Potassium Monopersulfate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Potassium Monopersulfate Market Size Forecast by Type
10.6.1 Powder
10.6.2 Granule
10.6.3 Tablet
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Potassium Monopersulfate Market Size Forecast by Applications
10.10.1 Electronics
10.10.2 Water Treatment
10.10.3 Laundry Bleach
10.10.4 Wool Shrinkproofing
10.10.5 Pharmaceutical / Chemical Synthesis
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Potassium Monopersulfate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Potassium Monopersulfate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Potassium Monopersulfate Market Size Forecast by Type
11.6.1 Powder
11.6.2 Granule
11.6.3 Tablet
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Potassium Monopersulfate Market Size Forecast by Applications
11.10.1 Electronics
11.10.2 Water Treatment
11.10.3 Laundry Bleach
11.10.4 Wool Shrinkproofing
11.10.5 Pharmaceutical / Chemical Synthesis
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Potassium Monopersulfate Analysis and Forecast
12.1 Introduction
12.2 Latin America Potassium Monopersulfate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Potassium Monopersulfate Market Size Forecast by Type
12.6.1 Powder
12.6.2 Granule
12.6.3 Tablet
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Potassium Monopersulfate Market Size Forecast by Applications
12.10.1 Electronics
12.10.2 Water Treatment
12.10.3 Laundry Bleach
12.10.4 Wool Shrinkproofing
12.10.5 Pharmaceutical / Chemical Synthesis
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Potassium Monopersulfate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Potassium Monopersulfate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Potassium Monopersulfate Market Size Forecast by Type
13.6.1 Powder
13.6.2 Granule
13.6.3 Tablet
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Potassium Monopersulfate Market Size Forecast by Applications
13.10.1 Electronics
13.10.2 Water Treatment
13.10.3 Laundry Bleach
13.10.4 Wool Shrinkproofing
13.10.5 Pharmaceutical / Chemical Synthesis
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Potassium Monopersulfate Market: Competitive Dashboard
14.2 Global Potassium Monopersulfate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lanxess
14.3.2 VR Persulfates
14.3.3 United Initiators
14.3.4 Haihang Industry
14.3.5 Ansin Chemical
14.3.6 Shangyu Jiehua Chemical
14.3.7 Lanxess
