Persulfates Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the Persulfates market, detailing market size, projections, trends, and key players between 2023 and 2033. It covers insights into market segmentation, regional analysis, and forecasts to aid understanding and strategic planning.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $650.00 Million |
| CAGR (2023-2033) | 4.7% |
| 2033 Market Size | $1038.43 Million |
| Top Companies | EPChemicals, PCC Group, Nippon Chemical Industrial Co., Ltd., SABIC |
| Last Modified Date | 02 March 2025 |
Persulfates Market Overview
What is the Market Size & CAGR of Persulfates market in 2023?
Persulfates Industry Analysis
Persulfates Market Segmentation and Scope
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Persulfates Market Analysis Report by Region
Europe Persulfates Market Report:
Europe represents a substantial share of the Persulfates market, with an estimated size of $214.37 million in 2023, expected to escalate to $342.48 million by 2033. The growth in this region, at an impressive CAGR of approximately 5.6%, is bolstered by stringent regulations promoting environmentally safe practices and high demand from the cosmetics sector.Asia Pacific Persulfates Market Report:
The Asia Pacific region is expected to witness significant expansion in the Persulfates market, driven by robust industrial growth and increasing demand for cleaning agents and cosmetic applications. In 2023, the market size is estimated at $120.51 million, projected to rise to $192.53 million by 2033, highlighting a strong CAGR of approximately 5.3%. Countries like China and India are the key growth contributors in this region.North America Persulfates Market Report:
In North America, the Persulfates market stands at a robust $223.15 million in 2023 and is forecasted to reach $356.49 million by 2033, reflecting a solid CAGR of around 5.5%. The United States leads the demand due to a thriving manufacturing sector and advancements in chemical applications.South America Persulfates Market Report:
The South American market for Persulfates is relatively smaller, with a size of $32.44 million in 2023, anticipated to grow to $51.82 million by 2033. This growth, at a CAGR of 4.8%, is largely driven by the food processing and textile industries, which are witnessing steady expansions.Middle East & Africa Persulfates Market Report:
In the Middle East and Africa, the Persulfates market is valued at $59.54 million in 2023, projected to grow to $95.12 million by 2033. Here, the CAGR is approximately 5.1%, driven by increasing industrial activities and the need for effective wastewater treatment solutions.Request a custom research report for industry.
Persulfates Market Analysis By Type
Global Persulfates Market, By Type Market Analysis (2024 - 2033)
The market analysis by type shows Potassium Persulfate leading the segment with a market size of $413.27 million in 2023 and expected to grow to $660.24 million by 2033. Ammonium Persulfate comes next, with a market size of $171.41 million growing to $273.83 million. Sodium Persulfate, while smaller in comparison, still commands a significant share with a size of $65.33 million in 2023.
Persulfates Market Analysis By Application
Global Persulfates Market, By Application Market Analysis (2024 - 2033)
A breakdown by application indicates that Polymerization is one of the leading sectors, valued at approximately $334.55 million with expectations to reach $534.48 million. Cosmetics account for $155.03 million, while food processing, water treatment, and other industries also contribute significantly to the market landscape, each displaying robust growth trajectories.
Persulfates Market Analysis By End Use
Global Persulfates Market, By End-Use Industry Market Analysis (2024 - 2033)
In terms of end-use industries, manufacturing is the highest contributor, positioned at $334.55 million and projected for growth. The cosmetics industry holds a significant portion too, with $155.03 million, indicating high demand for chemical safety and effective product formulations, while electronics and textiles also constitute vital segments.
Persulfates Market Analysis By Formulation
Global Persulfates Market, By Formulation Market Analysis (2024 - 2033)
Regarding formulation, the powder form of Persulfates leads the market with a size of $413.27 million in 2023, while liquid formulations and granules account for $171.41 million and $65.33 million, respectively. The preference for powder due to its versatility across applications underlies this trend.
Persulfates Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Persulfates Industry
EPChemicals:
EPChemicals offers a wide range of persulfate products with advanced manufacturing processes and commitment to sustainability.PCC Group:
PCC Group is known for its high-quality persulfate solutions, focusing on applications in the chemical, food, and cosmetic industries.Nippon Chemical Industrial Co., Ltd.:
This company specializes in producing a variety of persulfates, with a strong emphasis on innovation and quality control.SABIC:
SABIC is a global leader in specialty chemicals, providing sustainable persulfate solutions across various sectors.We're grateful to work with incredible clients.
Related Industries
FAQs
What is the market size of persulfates?
The persulfates market is valued at approximately $650 million in 2023, with a projected CAGR of 4.7%. Growth is facilitated by increasing industrial applications, especially in cosmetics, water treatment, and electronics sectors.
What are the key market players or companies in the persulfates industry?
Key players in the persulfates market include prominent chemical manufacturers and suppliers specializing in chemical compounds. They play a crucial role in the production and distribution of persulfates for various applications across industries.
What are the primary factors driving the growth in the persulfates industry?
Growth drivers in the persulfates industry include rising demand for environmentally friendly and efficient oxidizing agents in industrial applications, expansion of the cosmetics and personal care sectors, and advancements in water treatment technologies.
Which region is the fastest Growing in the persulfates?
The Asia Pacific region is the fastest-growing market for persulfates, with a projected increase from $120.51 million in 2023 to $192.53 million by 2033, driven by industrial growth and rising consumer demand for cosmetics.
Does ConsaInsights provide customized market report data for the persulfates industry?
Yes, ConsaInsights offers customized market reports tailored to specific requirements within the persulfates industry, providing relevant data, insights, and analysis for strategic decision-making.
What deliverables can I expect from this persulfates market research project?
Deliverables from the persulfates market research project include comprehensive reports, market analysis, trend forecasts, competitive landscape assessments, and detailed segment insights, all tailored to your strategic needs.
What are the market trends of persulfates?
Current market trends for persulfates showcase a growing preference for sustainable chemicals, increased use in electronic and cosmetic applications, and innovations in production methods aimed at enhancing efficiency and reducing environmental impact.