Persulfates Market Growth 2022-2030
Market Research Future Published a Half-Cooked Research Report on Global Persulfates Market Research Report. Persulfates Market: Polymer application is projected drive the market during the forecast period 2022-2030.
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The global persulfates market is segmented by class, type, application, and region.
On the basis of the type, the global persulfates market is segmented into ammonium, sodium, potassium, and others.
The ammonium persulfate segment is projected to lead the global persulfates market, in terms of volume, by type category during the forecast period owing to its wide application on account of its low cost and high solubility with water over other two types.
On the basis of the application, the global persulfates market is segmented into polymers, electronics, cosmetics personal care, chemical, pharmaceutical, adhesives sealants, oil gas, mining, photography, paper pulp, textiles, water treatment, soil remediation, and others. The electronics segment was leading the global persulfates market in 2021 owing to the growing persulfates use as cleaning agents and etchants in the printed circuit board manufacturing and is projected to grow significantly during the forecast period.
Regional Analysis
The global persulfates market growth is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.
Asia Pacific held the largest market share of the global persulfates market in terms of market size, as of 2021 and is expected to show significant growth during the forecast period. Europe is likely to follow Asia Pacific in terms of market size and is expected to remain the second largest market during the review period. North America is another major market for persulfates, as of 2021 and is expected to show steady demand during the forecast period.
The Middle East and Africa has witnessed growth in the demand for persulfates and is expected to continue growing during the forecast period.
Latin America held the least market share of the global persulfates market in 2021 and is likely to show moderate growth during the assessment period.
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