Market Overview:
The global potassium persulfate 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 persulfate in various applications such as resin and rubber, dyes and printing, and others. In addition, the growing demand for potassium persulfate from emerging economies is also contributing to the growth of this market. However, volatility in prices of raw materials used in the production of potassium persulfate may restrain the growth of this market during the forecast period.
Product Definition:
A white, crystalline powder used as a powerful oxidizing agent in organic chemistry and in the production of other potassium salts.
Oxidizing Agent:
Oxidizing agent is an organic compound used as a reducing agent in the oxidation of sodium persulfate. It can be also called as oxidizing agent or peroxidase. The product has wide applications in biochemical processes and its by-products have found application in many end-use industries such as agriculture, food & beverages, pharmaceuticals, textiles and cosmetics among others.
Bleach:
Bleaching powder or bleaching earth is a source of sodium hypochlorite, which is a strong disinfectant and de-contaminant. It has wide applications in laundry, where it helps remove stains from clothes by breaking down the organic compounds present in the fabric. In addition, it also has applications as an antimicrobial agent for killing bacteria and other microorganisms.
Application Insights:
The potassium persulfate market is segmented on the basis of application into resin and rubber, dyes and printing, pharmaceuticals, textiles and others such as cosmetics. The resin and rubber application segment accounted for a major share in 2016 owing to extensive usage of the product in tire manufacturing. However, rising environmental concerns have led to an increase in demand for biobased products that offer reduced impact on environment along with high performance; this trend is expected to drive demand over the forecast period.
The dyeing industry has been one of the most impacted industries by changing consumer preferences towards natural fabrics coupled with increasing awareness regarding health hazards associated with synthetic fibers used across various applications including clothing dyeing. This trend is expected to further drive demand from 2018 through 2030 as consumers continue shifting towards sustainable production practices while consuming goods such as clothing apparel which are manufactured using natural fibers derived from plants or animals (vegetable).
Regional Analysis:
Asia Pacific was the largest market for potassium persulfate in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-use industries such as printing, dyes & pigments, rubber, and others. China is one of the major producers of potassium persulfate owing to easy availability of raw materials coupled with low manufacturing cost compared to other countries in the world.
The product demand in Europe was valued at USD X million in 2016 and is projected to grow at a significant rate over the forecast period due high consumption from tire manufacturing industry which accounted for approximately 25% production volume share globally on account increasing vehicle sales across major markets including Germany, France, Italy, Spain among others are likely drive product demand further.
Growth Factors:
- Increasing demand for potassium persulfate in various end-use industries such as pulp and paper, water treatment, and textile is expected to drive the market growth over the forecast period.
- Growing environmental concerns among consumers regarding the use of synthetic chemicals is projected to fuel the demand for potassium persulfate as a green alternative over the next few years.
- Rising investments by key players in R&D activities to develop new applications of potassium persulfate is likely to provide lucrative opportunities for market growth in future.
- Stringent government regulations pertaining to environment safety are anticipated to propel manufacturers towards adoption of potassium persulfate as an environmentally friendly chemical agent across various industries worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium Persulfate Market Research Report
By Type
Oxidizing Agent, Bleach
By Application
Resin and Rubber, Dyes and Printing, Others
By Companies
FMC, United Initiators, MGC, ADEKA, VR Persulfates, ABC Chemicals, BASF, DOW, DSM, Honeywell, KEMIRA, Energy Chemical, Suzhou Sunrise Chemical
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Potassium Persulfate Market Report Segments:
The global Potassium Persulfate market is segmented on the basis of:
Types
Oxidizing Agent, Bleach
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
Resin and Rubber, Dyes and Printing, 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:
- FMC
- United Initiators
- MGC
- ADEKA
- VR Persulfates
- ABC Chemicals
- BASF
- DOW
- DSM
- Honeywell
- KEMIRA
- Energy Chemical
- Suzhou Sunrise Chemical
Highlights of The Potassium Persulfate 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:
- Oxidizing Agent
- Bleach
- By Application:
- Resin and Rubber
- Dyes and Printing
- 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 Persulfate 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.
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- Correctly Positioning New Products
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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 persulfate is a chemical compound with the formula K 2 S 2 O 8 . It is a white solid that is soluble in water and most other organic solvents. It has a strong oxidizing effect, which makes it useful in industrial processes such as the production of sulfuric acid.
Some of the major companies in the potassium persulfate market are FMC, United Initiators, MGC, ADEKA, VR Persulfates, ABC Chemicals, BASF, DOW, DSM, Honeywell, KEMIRA, Energy Chemical, Suzhou Sunrise Chemical.
The potassium persulfate 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 Persulfate 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 Persulfate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Potassium Persulfate 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 Persulfate 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 Persulfate Market Size & Forecast, 2018-2028 4.5.1 Potassium Persulfate Market Size and Y-o-Y Growth 4.5.2 Potassium Persulfate Market Absolute $ Opportunity
Chapter 5 Global Potassium Persulfate 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 Persulfate Market Size Forecast by Type
5.2.1 Oxidizing Agent
5.2.2 Bleach
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Potassium Persulfate 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 Persulfate Market Size Forecast by Applications
6.2.1 Resin and Rubber
6.2.2 Dyes and Printing
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Potassium Persulfate 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 Persulfate 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 Persulfate Analysis and Forecast
9.1 Introduction
9.2 North America Potassium Persulfate 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 Persulfate Market Size Forecast by Type
9.6.1 Oxidizing Agent
9.6.2 Bleach
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 Persulfate Market Size Forecast by Applications
9.10.1 Resin and Rubber
9.10.2 Dyes and Printing
9.10.3 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 Persulfate Analysis and Forecast
10.1 Introduction
10.2 Europe Potassium Persulfate 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 Persulfate Market Size Forecast by Type
10.6.1 Oxidizing Agent
10.6.2 Bleach
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 Persulfate Market Size Forecast by Applications
10.10.1 Resin and Rubber
10.10.2 Dyes and Printing
10.10.3 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 Persulfate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Potassium Persulfate 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 Persulfate Market Size Forecast by Type
11.6.1 Oxidizing Agent
11.6.2 Bleach
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 Persulfate Market Size Forecast by Applications
11.10.1 Resin and Rubber
11.10.2 Dyes and Printing
11.10.3 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 Persulfate Analysis and Forecast
12.1 Introduction
12.2 Latin America Potassium Persulfate 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 Persulfate Market Size Forecast by Type
12.6.1 Oxidizing Agent
12.6.2 Bleach
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 Persulfate Market Size Forecast by Applications
12.10.1 Resin and Rubber
12.10.2 Dyes and Printing
12.10.3 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 Persulfate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Potassium Persulfate 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 Persulfate Market Size Forecast by Type
13.6.1 Oxidizing Agent
13.6.2 Bleach
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 Persulfate Market Size Forecast by Applications
13.10.1 Resin and Rubber
13.10.2 Dyes and Printing
13.10.3 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 Persulfate Market: Competitive Dashboard
14.2 Global Potassium Persulfate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FMC
14.3.2 United Initiators
14.3.3 MGC
14.3.4 ADEKA
14.3.5 VR Persulfates
14.3.6 ABC Chemicals
14.3.7 BASF
14.3.8 DOW
14.3.9 DSM
14.3.10 Honeywell
14.3.11 KEMIRA
14.3.12 Energy Chemical
14.3.13 Suzhou Sunrise Chemical