Persulfates: Worldwide Markets to 2022 - Growing Demand from End-Use Industries is Driving the Market - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 9, 2018--The “Persulfates Market by Type (Ammonium, Sodium, & Potassium), End-Use Industry (Polymers, Electronics, Cosmetics & Personal Care, Pulp, Paper & Textiles, Soil Remediation, Oil & Gas and Water Treatment), and Region - Global Forecast to 2022” report has been added to ResearchAndMarkets.com’s offering.
The persulfates market is estimated to grow from USD 549.4 Million in 2017 to USD 727.8 Million by 2022, at a CAGR of 5.8% from 2017 to 2022.
The persulfates market is segmented by type, end-use industry, and region. By type, the ammonium persulfate segment is projected to lead the persulfates market during the forecast period, in terms of volume. The demand for ammonium persulfate in cosmetics & personal care end-use industry is projected to grow at the highest rate during the forecast period, in terms of value.
By end-use industry, the electronics segment is projected to grow at the highest CAGR between 2017 and 2022. With the increasing demand for printed circuit boards, the consumption of persulfates in the electronics industry is projected to grow significantly during the forecast period, in terms of value.
The persulfates market in Asia Pacific is projected to grow at the highest CAGR between 2017 and 2022. Increasing demand from end-use industries such as pulp, paper & textiles, polymer manufacturing, and cosmetics & personal care is expected to drive the demand for persulfates in APAC. Newer applications of persulfates are projected to grow at high rates during the forecast period.
Increasing concerns regarding soil pollution are expected to boost the consumption of persulfates in soil remediation in APAC. For instance, China has planned to remediate 90% of its arable land by 2020. This is expected to boost the consumption of persulfates in the soil remediation industry, which is one of the high growth end-use industry segment for persulfates in China.
DriversGrowing Demand from End-Use Industries
RestraintsIssues Related to Storage and Transportation of Persulfates
OpportunitiesUsage in the Food Industry Regulatory Approval for the Use of Persulfates in Cosmetics
ChallengesOvercapacity of Persulfates in China
Major Market DevelopmentsPeroxyChem launched its new product in the Klozur Series, Klozur One, a sodium persulfate -based activated persulfate. It is expected to be advantageous for use in In-situ Chemical Oxidation (ISCO). This enhanced the product portfolio of the company.
Key Topics Covered1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Persulfates Market, By Type
7 Persulfates Market, By End-Use Industry
8 Persulfates Market, By Region
9 Company ProfilesABC Chemicals (Shanghai)Adeka CorporationAk-Kim KimyaAnsin ChemicalDegussa-Aj(Shanghai) InitiatorsFujian Jianou Yongsheng IndustryFujian Zhanhua Chemical CompanyHebei Jiheng GroupHeibei Yatai Electrochemistry CompanyHengshui JiamuLanxessMitsubishi Gas Chemical CompanyPeroxychemPowder Pack ChemShaanxi Baohua TechnologiesSinchem IndustryStars ChemicalTongling HuaxingUnited InitiatorsVR Persulfates
For more information about this report visit https://www.researchandmarkets.com/research/g4f4zk/persulfates?w=4
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SOURCE: Research and Markets
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PUB: 10/09/2018 07:58 AM/DISC: 10/09/2018 07:58 AM