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.
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 is segmented by class, type, application, and region.
On the basis of the type, the global persulfates market is segmented into
ammonium, sodium, potassium, and others. The ammonium persulfate segment is
projected to lead the global persulfates market, 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 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 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 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 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 in 2017
and is likely to show moderate growth during the assessment period.
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