Zion Market Research, the market research group announced the analysis report titled “Persulfates Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024″

Global Persulfates Market: Overview

Persulfate is also known as peroxysulfate, it is an inorganic compound, which is readily soluble in water. It is prepared by electrolysis of their analogous sulfates at high current density and low temperature. Dissolving persulfate in water produces acidic solution owing to oxidation of water. Persulfates act as strong oxidants with a temperate shelf life and it can be very economical to use when they are stored properly.

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Global Persulfates Market: Growth Factors

The growth and development in the polymers industry along with the rising consumption of persulfates in the cosmetics and personal care industry are certain factors that are expected to drive the global persulfates market. There is an increased demand for the persulfates from the paper, pulp, and textiles industries, thus positively influencing the growth of the market. Pulp, paper, & textiles industries require oxidizing and bleaching properties which are provided by persulfates. Persulfates are widely used in various industrial applications which increase the demand of the global persulfates market.

Global Persulfates Market: Segmentation

The global persulfates market is segmented on the basis of application, type, and geography. The application segment is divided into cosmetics & personal care, polymers, water treatment, pulp, paper and textiles, electronics, oil and gas, and groundwater treatment & soil remediation. The pulp, paper, and textiles are the largest application segment globally. Based on the type, the global market is fragmented into potassium persulfate, ammonium persulfate, and sodium persulfate. The ammonium persulfate accounted for the largest market share worldwide. Geographically, the persulfates market is diversified into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa..

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Global Persulfates Market: Regional Analysis

Asia Pacific region will experience higher market growth for persulfates in the near future. China holds the second-place after India in the global market owing to its largest market share in Asia Pacific region. The government has taken initiatives to enhance the major exporters of the products that are polymer based; this is expected to show prominent market growth in the near future. Increasing population and growing disposable income in these countries are also other factors that fuel the market in the Asia Pacific region. Favorable growth in the polymers and electronics industries in the Asia Pacific is projected to propel the persulfates market. Rapid urbanization and swiftly expanding manufacturing bases in Latin America region is anticipated to foster the market growth in future. Pulp, paper, & textiles industries are growing in the North American region thus showing significant market growth for persulfates. Manufacturers in this region are highly investing for the capacity expansion, this may lead to persulfates market growth in future.

Global Persulfates Market: Competitive Players

Major market players in the global persulfates market include Peroxychem, Vr Persulfates Private Limited, Fujian Zhanhua Chemical Company Limited, and Mitsubishi Gas Chemical Company Incorp. Other prominent players include E.I. Du Pont De Nemours & Company, United Initiators, Ak-Kim Kimya, Hebei Yatai Electrochemistry Company Limited, Adeka Corporation, and Hebei Jiheng Group Company Limited.

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Global Persulfates Market: Regional Segment Analysis

North America(U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa

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