According to a new market report published by Lucintel, the future of the potassium persulfate market looks promising with opportunities in the water treatment, cosmetics, paper, and textile industries. The global potassium persulfate market is expected to grow with a CAGR of 5% from 2020 to 2025. The major drivers for this market are its increasing usage as boosters for hair bleaches and oxidization of hair dyes and growing demand from various applications.
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In this market, oxidizing agent and bleach are the major product types of potassium persulfate. Lucintel forecasts that bleach will remain the largest segment over the forecast period due to high demand from personal care industry.
Within this market, water treatment will remain the fastest growing segment by end use industry over the forecast period as it is increasingly used for the oxidative degradation of toxic substances or chemicals in water.
Asia Pacific will remain the largest region over the forecast period due to increased awareness about benefits of using potassium, persulfate, growing population and increasing expenditure capacity on personal care products.
Mitsubishi, ABC Chemicals, ADEKA, BASF, Energy Chemical, FMC, Honeywell, KEMIRA, Suzhou Sunrise, DOW, United Initiators, and VR Persulfates are among the major suppliers in the global potassium persulfate market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global potassium persulfate market by application, product type, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Potassium Persulfate Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global potassium persulfate market by application, product type, and region as follows:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Water Treatment
Cosmetics
Paper
Textile
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
Italy
United Kingdom
German
France
China
India
South Korea
Japan
A more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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