Persulfates are majorly used for polymerization reactions in the preparationof neoprene, acrylics, polystyrenes, and polyvinyl chlorides as initiators. Additionally, they are used in chemical grout systems as curing agents for soil stabilization.

New York, NY -- (SBWire) -- 05/18/2020 --Study Says that,The growing utilization of persulfates in industries, such as water treatment and soil remediation, are further expected to supplement their demand in the coming years. For instance, the PersulfOx catalyzed persulfate from REGENESIS is a patented sodium persulfate based In-Situ Chemical Oxidation (ISCO) reagent aimed specifically toward ground water & soil remediation at contaminated sites. Furthermore, the rising demand from developing countries, such as Brazil, Mexico, South Africa, Thailand, Indonesia, and other South-East Asian countries, will boost the demand in the coming years.

Market Industry Reports (MIR) has published a new report titled "Persulfates Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030." According to the report, the global Persulfates Market is anticipated to grow at a CAGR of 2.2% from 2020 to 2030.

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Top Players:

Some of the prominent players in the global persulfates market are PeroxyChem (Evonik Industries), United Initiators, Fujian ZhanHua Chemical Co., Ltd., Yatai Electrochemistry Co., Ltd., MITSUBISHI GAS CHEMICAL COMPANY, INC., Hebei Jiheng Group Co., Ltd, ADEKA CORPORATION, Shanghai Ansin Chemical Co., Ltd, ABC Chemicals(Shanghai)Co., Ltd., and Ak-Kim Kimya, among others.

However, the price volatility of persulfates will prove to be a major barrier to market growth. Additionally, the economic slowdown of industries owing to the outbreak of COVID-19 may act as a market challenge and impact the production &supply of persulfates in the coming years.

Asia Pacific stands to be the largest market for persulfates owing to their heavy utilizationin plastics, beauty &personal care, adhesives & sealants, chemicals, and others. China stands to be the largest market for persulfates owing to its high domestic demand across different industries. Additionally, the country is also the largest producer and exporter of persulfates owing to the presence of key manufacturers operating at high production capacities. According to data published by theU.S. International Trade Commission, in 2018, China exported 100, 015 (1000 pounds) of persulfates, capturing a market share of around 36% of the global persulfate exports. Furthermore, the growing demand of persulfates from other countries of the APAC region, such as Indonesia, Thailand, and Taiwan, will further boost the demand in the coming years.

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Key Findings inPersulfates Market Research Report:

To categorize and examine the worldwidePersulfates Market status and future figure comprising, manufacture, utilization, income, record and assumption.

To introduce the key Persulfates Market makers to the readers, manufacture, piece of the pie, income, SWOT analysis and improvement models in the years to come.

To divide categorization information by region, product type, manufacturers and applications, and end users.

To categorize the worldwide and major areas marketing potential and favored position, opportunities and challenges, limitations and threats.

To differentiate remarkable patterns, drivers, impacting factors, on the global scale and districts.

To purposely investigate each sub-segment regarding standalone development pattern and their contribution to the industry.

To categorize major advancements, for instance, understandings, developments, dispatching of new items, and mergers and acquisitions in the industry.

Table of Contents

INTRODUCTION
Market Definition
Market Classification
Geographic Scope
Years Considered for the Study: Historical Years – 2017& 2018; Base Year – 2019; Forecasted Years – 2020 to 2030
Currency Used

RESEARCH METHODOLOGY
Research Framework
Data Collection Technique
Data Sources
Secondary Sources
Primary Sources
Market Estimation Methodology
Bottom Up Approach
Top Down Approach
Data Validation and Triangulation
Market Forecasting Model
Limitations/Assumptions of the Study

ABSTRACT OF THE STUDY

MARKET DYNAMICS ASSESMENT
Overview
Drivers
Barriers/Challenges
Opportunities

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