Market Synopsis:
Persulfate,
also known as pyrosulfate, is a colorless, odorless, crystalline salt
containing more oxygen than normal sulfates. It is prepared by electrolysis of
their analogous sulfates at the high current density and low temperature.
Persulfates are broadly categorized into two class namely peroxymonosulfate and
peroxydisulfate.
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Persulfates
perform different functions across various end-use industries. They are used as
chain initiators in polymer manufacturing, which includes plastics, rubbers,
latex, polymer concrete, a polymeric coating of graphite filaments, and others.
In the electronics industry, they are used as oxidants for surface preparation applications
such as cleaning & etching of printed circuit board substrates as well as
prior to plating, coatings, and adhesive bonding on electrical components.
Persulfates further find application in the formulations of skin care and hair
care products in the cosmetics & personal care industry. Persulfates are
also utilized in the chemical industry as oxidizing agents in the preparation
of aldehydes, ketones, carboxylic acids, quinones, and a variety of other
compounds. The pharmaceutical industry uses sodium persulfate as a reagent in
the preparation of antibiotics. Furthermore, persulfates are used in the
adhesives & sealants manufacturing, oil & gas recovery, ink &
pigment synthesis, metal separation process, photographic applications, paper
& pulp manufacturing process, wastewater treatment, as well as for soil
remediation.
Competitive
Analysis
Ø
PeoxyChem.
Ø
United
Initiators.
Ø
MITSUBISHI
GAS CHEMICAL COMPANY, INC.
Ø
Ak-Kim
Kimya
Ø
Fujian
ZhanHua Chemical Co., Ltd.
Ø
LANXESS
Ø
Stars
Chemical (YongAn) Co., Ltd.
Ø
Adeka
Corporation
Ø
Hebei
Jiheng Group Co., Ltd
Ø
Vr
Persulfates Private Limited
Ø
Hebei
Yatai Electrochemistry Co., Ltd.
Ø
Ansin
Chemical (Shanghai) Co., Ltd.
Ø
Powder
Pack Chem.
Ø
CHEMetrics,
Inc.
Ø
Merck
KGaA
Segmental Analysis:
The
global Persulfates Market Size | is segmented by class, type,
application, and region.
On the basis of the type, the global Persulfates Market Size | is segmented
into ammonium, sodium, potassium, and others. The ammonium persulfate segment
is projected to lead the global Persulfates Market Size |, in terms of volume,
by type category during the forecast period owing to its wide application on
account of its low cost and high solubility with water over other two types.
On
the basis of the application, the global Persulfates Market Size | is segmented
into polymers, electronics, cosmetics & personal care, chemical,
pharmaceutical, adhesives & sealants, oil & gas, mining, photography,
paper & pulp, textiles, water treatment, soil remediation, and others. The
electronics segment was leading the global Persulfates Market Size | in 2017
owing to the growing persulfates use as cleaning agents and etchants in the
printed circuit board manufacturing and is projected to grow significantly
during the forecast period.
Regional
Analysis
The
global Persulfates Market Size | is spanned across five regions namely Asia
Pacific, North America, Europe, Latin America, and the Middle East and Africa.
Asia
Pacific held the largest market share of the global Persulfates Market Size |
in terms of market size, as of 2017 and is expected to show significant growth
during the forecast period. Europe is likely to follow Asia Pacific in terms of
market size and is expected to remain the second largest market during the
review period. North America is another major market for persulfates, as of
2017 and is expected to show steady demand during the forecast period.
The
Middle East and Africa has witnessed growth in the demand for persulfates and
is expected to continue growing during the forecast period.
Latin
America held the least market share of the global Persulfates Market Size | in
2017 and is likely to show moderate growth during the assessment period.
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