The global potassium persulfate market is projected to grow at a CAGR of 5%-6% during 2020-2025. The growth of potassium persulfate market is driven by its increasing usage as boosters for hair bleaches and oxidization of hair dyes and growing demand from various applications.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the potassium persulfate market by
application (water treatment, cosmetics, paper, and textile), product type
(oxidizing agent and bleach), and region (North America, Europe, Asia Pacific,
and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the potassium persulfate market?
Q.4 What are some
changing demands of customers in the potassium persulfate market?
Q.5 What are the new
developments in the potassium persulfate market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this potassium persulfate area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this potassium persulfate market?
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Market Segmentation:
Based on product type,
the potassium persulfate market is segmented into oxidizing agent and bleach. The
bleach segment is accounted for the largest share of the market in 2020 due to high demand from
personal care industry.
Asia Pacific is expected
to be the largest region over the forecast period due to increased awareness
about benefits of using potassium, persulfate, growing population and
increasing expenditure capacity on personal care products.
Key Players in the Potassium
persulfate market are Mitsubishi, ABC Chemicals, ADEKA, BASF, Energy Chemical,
FMC, Honeywell, KEMIRA, Suzhou Sunrise, DOW, United Initiators, and VR
Persulfates.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/potassium-persulfate-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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