Global Potassium Peroxymonosulfate Market 2019-2024 report delivers a comprehensive research based study of the market along with the market share, forecast data, in-depth analysis, and detailed overview of the Potassium Peroxymonosulfate industry with respect to Global market. The Potassium Peroxymonosulfate market report further emphasizes on market drivers and restraints at global and regional level. For complete understanding, the report also provides market segmentation and regional market analysis.
Potassium peroxymonosulfate, also known as MPS or potassium monopersulfate, is widely used as an oxidizing agent. Potassium peroxymonosulfate is present as a component of a triple salt with the molecular formula of 2KHSO5•KHSO4•K2SO4 and CAS number 70693-62-8.
In recent years, only a handful companies in worldwide can produce potassium peroxymonosulfate product, the main market players are DuPont (now Chemours), as well as United Initiators, and Chinese Ansin Chemical. Also include Shangyu Jiehua Chemical just put into production. Global production is relatively stable.
The main raw material is concentrated sulfuric acid; hydrogen peroxide and potassium hydroxide, all of the products are hazardous chemicals, which needs for more investment in safety and environmental protection. This is also the reason for restricting the development of this product, but because of excellent performance, downstream applications have been continuously expanded.
According to this study, over the next five years the Potassium Peroxymonosulfate market will register a 3.4% CAGR in terms of revenue, the global market size will reach US$ 120 million by 2024, from US$ 100 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Potassium Peroxymonosulfate business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Potassium Peroxymonosulfate market by product type, application, key manufacturers and key regions and countries.
This study considers the Potassium Peroxymonosulfate value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Potassium Peroxymonosulfate Powder
- Potassium Peroxymonosulfate Granule
- Potassium Peroxymonosulfate Tablet
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Electronics
- Water Treatment
- Laundry Bleach
- Wool Shrinkproofing
- Pharmaceutical / Chemical Synthesis
- Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Spain
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- Chemours(Dupont)
- United Initiators
- Ansin Chemical
- Shangyu Jiehua Chemical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
- To study and analyze the global Potassium Peroxymonosulfate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Potassium Peroxymonosulfate market by identifying its various subsegments.
- Focuses on the key global Potassium Peroxymonosulfate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Potassium Peroxymonosulfate with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Potassium Peroxymonosulfate submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.