What is Ammonium Persulfate?
Ammonium Persulfate is an oxidizing agent which is utilized with TEMED to accelerate the polymerization of acrylamide and bisacrylamide to generate polyacrylamide gels for electrophoresis. Ammonium Persulfate is also known as Diammonium Peroxodisulphate, is a white crystalline salt. Ammonium persulfate act as an excellent etchant because it is comfortable to manage, is non-corrosive to some materials, and produces no fumes. Ammonium sulfate is typically an inorganic water-soluble salt, which comprises sulfur and nitrogen
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Largest Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | United Initiators (United Kingdom), PeroxyChem (United States), Fujian ZhanHua Chemical (China), Yatai Electrochemistry (China), Ak-Kim (Turkey), Hebei Jiheng Group (China), ECPlaza Network Inc. (Korea), MGC Group (Japan), Shaanxi Baohua Technologies Co. Ltd. (China) and ABC Chemicals (Shanghai) Co., Ltd. (China) |
CAGR | 6.1% |
The study covers a detailed analysis segmented by key business segments i.e. , by application (Chemical, Electronics, Petroleum and Others) and major geographies. Research Analyst at AMA predicts that China Vendors will contribute to the maximum growth of Global Ammonium Persulfate market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Ammonium Persulfate market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are United Initiators (United Kingdom), PeroxyChem (United States), Fujian ZhanHua Chemical (China), Yatai Electrochemistry (China), Ak-Kim (Turkey), Hebei Jiheng Group (China), ECPlaza Network Inc. (Korea), MGC Group (Japan), Shaanxi Baohua Technologies Co. Ltd. (China) and ABC Chemicals (Shanghai) Co., Ltd. (China).
The global ammonium persulfate market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensify their market share and escalation their profitability.
Ammonium Persulfate Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increasing Demand for Electronics Industry
- Rapid Industrialization
- Rising Demand from Cosmetic Industry
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Major Trends | - High Demand from Chemical Segment
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Restraints | - Fluctuation in Foreign Currency Exchange Rates
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Road Blocks / Challenges | - The fluctuation of Production Cost Is Anticipated To Challenge The Market
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Gaps & Opportunities | - High Growth Demand from Asia Pacific Region Because Of Expansion of Electronics and Chemical Industry
- High Growth in Food and Pharmaceutical Industry
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Key highlights of the Global Ammonium Persulfate market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Ammonium Persulfate market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Ammonium Persulfate market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Ammonium Persulfate Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Ammonium Persulfate market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Ammonium Persulfate market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Ammonium Persulfate Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.