Potassium Persulfate Market Scope
Potassium Persulfate is used as a free-radical initiator for polymerization. It is also known as potassium peroxydisulfate which is a colorless or white triclinic powder in the form of a crystal. It is widely used as a strong oxidizing agent and in bleaching applications. The potassium persulfate is also used as a bleach activator and desizing agent.
According to AMA, the Global Potassium Persulfate market is expected to see growth rate of 5.41%
In Potassium Persulfate Market, it has been observed that most of the companies rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share. Research Analyst at AMA estimates that United States and Europe Vendors will contribute to the maximum growth of Global Potassium Persulfate market throughout the predicted period.
FMC Corporation (United States), United Initiators (Germany), Mekong–Ganga Cooperation (Laos), ADEKA CORPORATION (Japan), VR Persulfates Private Limited (India), ABC Chemicals (India), BASF SE (Germany), Dow Chemical Company (United States), Koninklijke DSM N.V. (Netherlands), Honeywell International Inc. (United States), KEMIRA Oyj (Finland) and Merck KGaA (GermanY) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Potassium Persulfate market by Type (Oxidizing Agent and Bleach), by Application (Resin and Rubber, Dyes and Printing and Others) and Region with country level break-up.
On the basis of geography, the market of Potassium Persulfate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Spain, Rest of Europe), MEA (Saudi Arabia, United Arab Emirates, Rest of Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Increasing Demand from the Asia Pacific Region
Market Drivers
- Increasing Use as an Initiator and a Strong Oxidizing Agent
- Growing Demand From the End-Use Industries
Opportunities
- Growing Demand for Bleach Activator and Desizing Agent
- Increasing Use in Photography
Restraints
- Exposure May Lead to Major Side Effects on Human Health
Key Target Audience
Raw Material Suppliers, Manufacturers of Potassium Persulfates, Traders, Distributors, and Suppliers of Potassium Persulfates, Government & Regional Agencies and Investors and Research Organizations