세계의 과황산염 시장 규모 : 유형별, 최종 사용자별, 지역별, 범위 및 예측

Persulfates Market Size And Forecast

Persulfates Market size was valued at USD 0.69 Billion in 2024 and is projected to reach USD 1.08 Billion by 2031, growing at a CAGR of 5.78% from 2024 to 2031.

Persulfates are a group of organic compounds that feature either peroxomonosulfate or peroxymonosulfate ions, with the most commonly manufactured salts being sodium, potassium, and ammonium persulfates.

Sodium persulfate is typically produced through the electrolysis of its corresponding sulfate at high current densities and low temperatures, and it is frequently used in environmental applications due to its strong oxidizing properties.

Persulfates are valued for their exceptional shelf life, cost-effectiveness when stored properly, and their ability to produce acidic solutions upon dissolution in water due to the oxidation of water.

These compounds are highly effective as strong oxidants and find extensive use in various applications. They are crucial in initiating emulsion hair bleaching, polymerization reactions, and clarifying swimming pools.

In the plastics industry, persulfates serve as key initiators for water-based polymerization, and they are also used as etching and cleaning agents in the electrical and electronics sectors.

Ammonium persulfate is typically produced by electrolyzing an aqueous solution of ammonium sulfate. Sodium persulfate is generated by reacting ammonium persulfate with caustic soda, followed by separation through cooling or vacuum concentration and subsequent drying.

Potassium persulfate is prepared either by electrodepositing a cold solution of potassium bisulfate in sulfuric acid at high current densities or by reacting ammonium persulfate with potassium hydroxide.

The dominance of ammonium, potassium, and sodium persulfates in the global market underscores their importance and versatility across various industries, particularly in polymerization and electronics applications.

Global Persulfates Market Dynamics

The key market dynamics that are shaping the global persulfates market include:

Key Market Drivers

Polymerization Initiation: Persulfates, including sodium persulfate, are essential for initiating the polymerization process in the production of synthetic rubbers and latexes. They are crucial for manufacturing a variety of polymers such as acrylics, neoprene, polyvinyl chlorides, and polystyrenes. Their role in creating latex polymers for coatings, paints, and carpet backing is a significant market driver.

Electronics Industry Applications: Sodium persulfate is widely used as a micro etchant in the production of printed circuit boards. This enhances the precision and quality of electronic components, driving demand in the electronics sector.

Metals Industry: Persulfates are used as etchants for metals like zinc, nickel, and titanium alloys. Their versatility and effectiveness in metal etching contribute to their importance across various industrial processes.

Oil and Gas Industry: In enhanced oil recovery, persulfates help extract additional oil from reservoirs, making them valuable in the oil and gas sector. Their use in preparing dispersants for toner formulations and ink jetting also supports high-quality printing products.

Environmental Management: Persulfates are employed in water and soil remediation processes and for cobalt and nickel separation. Their effectiveness in treating contaminants such as halogenated olefins, perfluorinated substances, phenols, and pharmaceutical drugs highlights their role in environmental management and drives market growth.

Cosmetics Industry: Persulfates are extensively used as boosters for hair bleaches and oxidation agents in hair dyes. Their ability to enhance the effectiveness of cosmetic products contributes to their demand in the cosmetics sector.

Pharmaceutical Industry: In the pharmaceutical sector, persulfates are utilized as reagents for synthesizing quinones, aldehydes, antibiotics, ketones, and carboxylic acids. Their role in pharmaceutical research and production drives market growth.

Wastewater Treatment: The increasing focus on wastewater management is a major driver for the persulfates market. Persulfates are used to treat a wide range of contaminants, supporting more efficient and comprehensive water treatment solutions.

Rising Polymer Demand: The growing demand for polymers, particularly in packaging applications where durability and flexibility are essential, fuels the need for persulfates. Potassium persulfate plays a crucial role in the polymerization of various polymers, including vinyl and neoprene, further driving market expansion.

Key Challenges

Health Risks: Persulfates, including sodium persulfates, are classified as hazardous substances by organizations such as the New Jersey Department of Health and Senior Services. They can irritate the eyes, nose, and skin and may lead to respiratory issues. Such health concerns necessitate stringent safety measures and regulatory compliance, potentially limiting the industry's growth.

Handling and Storage: As potent oxidizing agents, persulfates require careful handling and storage to prevent accidents. Improper management can lead to environmental contamination, worker health risks, and potential product liability issues. Allergic reactions, skin sensitization, and respiratory irritation from exposure are significant concerns that impact worker safety and product liability.

Raw Material Supply: The production of persulfates relies on key raw materials such as persulfuric acid, sodium persulfate, potassium persulfate, and ammonium persulfate. The scarcity or price volatility of these raw materials-driven by factors such as supply limitations, production capacity constraints, and geopolitical issues-can affect manufacturing costs and supply chain stability.

Alternative Methods: In applications such as water treatment, persulfates face competition from alternative technologies like ozone, UV irradiation, advanced oxidation processes (AOPs), and chlorine-based oxidants. Factors such as regulatory preferences, cost considerations, and technological advancements may shift demand toward these alternatives, affecting persulfate adoption.

Diverse Applications: Persulfates are used across various industries, including cosmetics, electronics, water treatment, and polymer manufacturing. Each application has specific performance needs, regulatory requirements, and competitive dynamics. These application-specific challenges can impact demand and market entry strategies.

Awareness Efforts: Persulfates are specialty compounds used in specific applications, and there may be limited consumer awareness regarding their benefits, usage guidelines, and safety precautions. Educating customers about persulfates is crucial to overcoming misconceptions and driving broader adoption in various industries.

Key Trends

Polymerization Initiator: Persulfates are extensively utilized as initiators in the polymerization process, playing a crucial role in the production of synthetic rubber, latex, and various other polymers. Their efficiency in initiating polymerization reactions makes them integral to the polymer industry.

Expanding Polymer Applications: The increasing demand for polymers across a range of end-use industries is driving growth in the persulfates market. As polymers find applications in diverse sectors, including automotive, packaging, and construction, the need for persulfates to support these processes is rising.

Etchant and Cleaner: In the electronics industry, persulfates are vital as etchants and cleaners for printed circuit boards (PCBs). Their role in ensuring precision and quality in electronic components is a significant trend contributing to the market's expansion.

Advancements in Electronics: The growing complexity and miniaturization of electronic devices are fueling the demand for high-purity persulfates. As electronic components become more advanced, the need for effective and pure persulfates in manufacturing and maintenance processes is increasing.

Oxidizing Agent: Persulfates are highly effective as oxidizing agents for removing contaminants from water and wastewater. Their application in environmental management, particularly in wastewater treatment, is becoming increasingly prominent as the focus on clean water solutions intensifies.

Global Persulfates Market Regional Analysis

Here is a more detailed regional analysis of the global persulfates market:

Asia Pacific

Asia Pacific substantially dominates the global persulfates market and is expected to continue its dominance throughout the forecast period driven by the robust presence of numerous plastic manufacturing industries in countries such as China, Indonesia, and Malaysia.

Thailand, in particular, has experienced significant expansion in its plastic production sector, with around 5,000 operational companies currently contributing to the industry's development.

The rising demand for persulfates in nations like China, India, and Japan is fueled by their extensive use across multiple end-user sectors, including polymers, electronics, cosmetics, and personal care.

The increasing preference for polymers over metals and the expansion of the consumer appliance industry in the region are key factors stimulating the growth of the persulfates market. Persulfates are integral to polymer production, serving as initiators in the emulsion polymerization of materials such as polystyrenes, polyvinyl chlorides, neoprene, and acrylics.

This demand is further enhanced by the growing consumer trend towards advanced polymers, which offer superior properties compared to traditional metal components.

In the cosmetics sector, China, the second-largest market globally, is rapidly becoming the leading consumer of skincare and cosmetics products. The country's burgeoning makeup, skincare, hair care, and personal hygiene industries are experiencing growth, further driving the demand for persulfates.

These compounds are utilized in hair bleaches and lighteners to oxidize and decolorize hair, a process influenced by shifting fashion and lifestyle trends. As the market for hair dyes expands in response to evolving beauty standards, the demand for persulfates is also expected to rise.

Moreover, persulfates play a crucial role in the water treatment industry, where they are employed for the oxidative degradation of toxic substances and chemicals in wastewater.

This application is becoming increasingly important as there is a growing need for effective water treatment solutions. The surge in wastewater management projects across the region is consequently boosting the demand for persulfates.

North America

North America is anticipated to witness the fastest growth in the global persulfates market during the forecast period driven by the region's expanding sectors in electronics, paper and pulp, textiles, and polymers.

The presence of major industry players, such as PeroxyChem-the sole producer of persulfates in North America underscores the region's strategic importance in the market.

Key contributors include prominent plastic manufacturers like ExxonMobil Chemical Division and Dow Chemical, which are integral to the U.S. plastics industry, the third-largest manufacturing sector in the country.

This sector is notable for its production of high-density polyethylene (HDPE), low-density polyethylene (LDPE), and linear low-density polyethylene (LLDPE).

Additionally, North America's electronics market is the largest globally, benefiting from advanced technology, numerous research and development facilities, and strong consumer demand.

This robust electronic sector further enhances the demand for persulfates, as they are crucial for processes such as etching and cleaning in the production of printed circuit boards.

The convergence of these factors is expected to drive substantial growth in the persulfates market across North America, reinforcing the region's leadership and contributing significantly to its market revenue.

Global Persulfates Market: Segmentation Analysis

The Global Persulfates Market is segmented based on Type, End-User, And Geography.

Persulfates Market, By Type

• Ammonium Persulfate (APS)
• Potassium Persulfate (KPS)
• Sodium Persulfate (SPS)

Based on Type, the Global Persulfates Market is bifurcated into Ammonium Persulfate (APS), Potassium Persulfate (KPS), and Sodium Persulfate (SPS). The Ammonium Persulfate (APS) segment shows significant growth in the global persulfates market owing to the diverse applications of ammonium persulfate. This compound is pivotal in treating metal surfaces, manufacturing semiconductors, and etching copper on printed circuit boards. Additionally, ammonium persulfate is widely utilized in wastewater treatment and as an initiator for the emulsion polymerization of acrylic monomers.

Persulfates Market, By End-User

• Electronics
• Cosmetics and Personal Care
• Polymer Manufacturing
• Textiles
• Water Treatment
• Oil and Gas
• Paper and Pulp

Based on End-User, the Global Persulfates Market is bifurcated into Electronics, Cosmetics and Personal Care, Polymer Manufacturing, Textiles, Water Treatment, Oil and Gas, and Paper and Pulp. The electronics sector is anticipated to drive substantial market growth for persulfates, owing to their increasing applications in cleaning agents and etchants used in printed circuit board (PCB) manufacturing. Persulfates serve as effective oxidizing agents for cleaning and micro-etching various PCB substrates, which is crucial for the precision and quality of electronic components.

Persulfates Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

Based on Geography, the Global Persulfates Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific substantially dominates the global persulfates market and is expected to continue its dominance throughout the forecast period driven by the robust presence of numerous plastic manufacturing industries in countries such as China, Indonesia, and Malaysia. Thailand, in particular, has experienced significant expansion in its plastic production sector, with around 5,000 operational companies currently contributing to the industry's development. The rising demand for persulfates in nations like China, India, and Japan is fueled by their extensive use across multiple end-user sectors, including polymers, electronics, cosmetics, and personal care.

Key Players

The "Global Persulfates Market" study report will provide valuable insight with an emphasis on the global market including some of the major players such as Evonik Active Oxygens, United Initiators, Mitsubishi Gas Chemical Company, Inc, Fujian ZhanHua Chemical Co., Ltd, Ak-Kim Kimya, Yatai Electrochemistry Co. Ltd, Hebei Jiheng Group, Fujian Jianou Yongsheng Industry, San Yuan Chemical Co., Ltd.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

• Global Persulfates Market Recent Developments
• In February 2020, Evonik Industries AG announced that it has completed the acquisition of PeroxyChem. At the end of 2018, Evonik agreed to acquire PeroxyChem.
• In August 2019, The Federal Trade Commission, an independent agency of the US government, announced the launch of a lawsuit to prevent Evonik Industries from acquiring PeroxyChem, a manufacturer of peroxy compounds. At the end of 2018, Evonik agreed to buy PeroxyChem for USD 625 Million.

TABLE OF CONTENTS

1. Introduction

• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary

• Key Findings
• Market Overview
• Market Highlights

3. Market Overview

• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter's Five Forces Analysis

4. Persulfates Market, By Type

• Ammonium Persulfate (APS)
• Potassium Persulfate (KPS)
• Sodium Persulfate (SPS)
• Other Persulfates

5. Persulfates Market, By End-Use Industry

• Electronics
• Cosmetics and Personal Care
• Polymer Manufacturing
• Textiles
• Water Treatment
• Oil and Gas
• Paper and Pulp

6. Regional Analysis

• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

7. Market Dynamics

• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

8. Competitive Landscape

• Key Players
• Market Share Analysis

9. Company Profiles

• Evonik Active Oxygens
• United Initiators
• Mitsubishi Gas Chemical Company, Inc.
• Fujian ZhanHua Chemical Co., Ltd.
• Ak-Kim Kimya
• Yatai Electrochemistry Co. Ltd.
• Hebei Jiheng Group
• Fujian Jianou Yongsheng Industry
• San Yuan Chemical Co., Ltd.

10. Market Outlook and Opportunities

• Emerging Technologies
• Future Market Trends
• Investment Opportunities

11. Appendix

• List of Abbreviations
• Sources and References