24th October 2018– Persulfates are the most chemically active of the peroxygens, with great utility in a variety of chemical processes. Persulfates are widely used as polymerization initiators in the plastics industry, and as etchants, desizing agent, etc. The global Persulfates Market is segmented on the basis of type, application, and region. On the basis of type, the global persulfates market is classified into Ammonium persulfate, Sodium persulfate, and Potassium persulfate. Ammonium persulfate segment accounted for the largest market share in terms of volume with growing demand from various end user applications such as polymers and electronics. Ammonium persulfate is a white crystalline solid. A strong oxidizing agent. Does not burn readily, but may cause spontaneous explosion of organic materials. Used as bleaching agent and as a food preservative.
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Sodium Persulfate is the inorganic compound with the formula Na2S2O8. It is the sodium salt of persulfate (peroxydisulfate), an oxidizer. It is a white solid that dissolves in water. It is almost non-hygroscopic and has good shelf-life. Potassium Persulfate is the inorganic compound with the formula K2S2O8. Also known as potassium peroxydisulfate or KPS, it is a white solid that is highly soluble in water. This is a powerful oxidant, commonly used to initiate polymerizations. On the basis of application, the global persulfates market is classified into Polymers, Electronics, Cosmetics & personal care, Pulp, paper and textiles, Water treatment, and others (adhesive, gas and oil production, inks, pigments, and dispersants, mining, peroxymonosulfate, photography). Polymers segment accounted for the largest market share of the global persulfates market in 2014 in terms of value as well as volume. Persulfates have region specific demands that are distinguished by cost. With successful polymers and electronics industries in the Asia Pacific region, is expected to register a high CAGR in terms of value between 2014 to 2025.
Pulp, paper & textiles are the fastest growing application segment where the oxidizing and bleaching properties of persulfate are required. The industry has developed formulations which use persulfates to boost hair bleaching performance. Pulp and Paper – persulfates are used in the sizing of paper, preparation of binders and coatings, and production of special papers. Textiles – ammonium and sodium persulfates are used in the desizing and bleaching of textiles and the development of dyestuffs. Persulfates can be used in nickel and cobalt separation processes. Peroxymonosulfate – FMC developed a process using ammonium and sodium persulfates to prepare peroxymonosulfate solutions. This patented process allows fast, efficient, on-site production of an alternative to Caro’s acid and potassium caroate.
Geographically, the global persulfates market is segmented into North America, Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. Asia Pacific was the major persulfates market for persulfate in 2014 and is expected to grow at highest CAGR during the forecast period from 2014 to 2025. This is mainly due to the increasing demand for persulfates in China and other Asia Pacific countries. China and India are the major countries for the growth of the persulfates industry and is expected to grow at the highest CAGR over the foremost period from 2014 to 2025. China is leading in terms of demand of persulfates, mainly due to initiatives taken by the government to be a net exporter of polymer-based products.
Whereas, India has the highest growth rate among the developing countries, and the growing disposable income of its population has allowed people to shift toward the polymer-based products. The key players are Mitsubishi Gas Chemical Company Incorporation, E.I. Du Pont de Nemours & Company, Adeka Corporation, Ak-kimKimya, United Initiators, Proxychem, Hebei Yatai Electrochemistry Company Limited, Hebei Jiheng Group Company Limited, VR Persulfates, and Fujian Zhanua Chemical Company Limited.
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