Persulfates Market anticipated to witness significant growth by 2025 Persulfates Market
Global Persulfates Market 2019 By Regional Trend &
Growth Forecast To 2025: Global Market Insights Inc.
According to new Global Market Insights, Inc, chemical research report Persulfates
Market size is projected to grow at a significant rate in the projected timeframe with
growing demand from end-use industries including polymers, cosmetics, electronics,
water treatment, oil and gas, textiles, mining, pulp and paper. The product has strong
oxidizing properties owing to which it can be used in as cleaning agent and as an
etchant, thereby driving product demand.
Persulfates including ammonium, sodium and potassium salts are strong oxidants
available and find application as polymerization initiator in plastics industry. These
products are economical to use and have high shelf life when stored appropriately.
These factors are likely to boost persulfates market size by 2025.
The product is used to initiate emulsion polymerization reaction for the preparation of
neoprene, acrylics, polystyrenes, and polyvinyl chlorides. These processes are used
for production of synthetic rubbers including isoprene, styrene and butadiene which
finds application in automobile and truck tires. The process also leads to formation of
latex polymers which are used for paints coatings and carpet backings. Global
synthetic latex polymer market size is projected to surpass USD 35 billion by 2025
which may stimulate persulfates market size in the estimated timeline.
The product is used to micro etch and clean printed circuit board substrates to remove
moisture. They find application in plating and coating process of metals. Surface
cleaning of metals including aluminum, brass, copper, nickel, zinc and titanium alloys
prior to plating and adhesives bonding is done with using persulfates, thus stimulating
product demand. Global printed circuit board market size is projected to reach USD
70 billion by 2024 owing to rising demand for semiconductors enabled devices. These
factors are likely to boost persulfates market size by 2025.
Persulfates market size is likely to witness upward trend owing to rising demand in
water treatment usage. In presence of UV radiation, the product produces powerful
sulfate radicals which are effective in degradation of micro pollutants and per
fluorinated compounds. These properties make it suitable for wastewater
management. It finds application in cleaning of swimming pools and ground water
treatment which is anticipated to propel product demand.
Persulfates market size is projected to grow owing to its application in hair bleaches
and hair lighteners to decolorize hair by oxidizing colors present in hair shaft. Changing
fashion trend and lifestyle will propel market growth for hair dye market projected to
surpass USD 40 billion by 2023 would drive up market size.
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