Persulfates Market to exceed USD 1.16 Billion by 2032, Says Global Market Insights inc.
Persulfates Industry size is expected to register 3.7% CAGR between 2024 and 2032 propelled by expanding industrial applications.
Selbyville, Delaware, June 19, 2024 (GLOBE NEWSWIRE) — Persulfates Market is projected to reach over USD 1.16 billion in revenue by 2032, as per a
Asia Pacific to emerge as a lucrative market
Asia Pacific persulfates market will register significant CAGR from 2024 to 2032, attributed to the thriving electronics manufacturing sector, particularly in China, South Korea, and Taiwan. Persulphates, including ammonium, potassium and sodium persulphates, act as important etchants for printed circuit boards for ensuring accuracy and efficiency. The expanding polymer plastics industry in the region, driven by increasing urbanization and infrastructure development will further contribute to the demand for persulfate as a driving force in polymerization reactions.
Persulfates Market Participants
Some of the leading persulfates companies are United Initiators, Adeka Corporation, PeroxyChem, Ak-Kim Kimya, and Fujian ZhanHua Chemical Co., Ltd. These market players are working on new product developments, acquisitions, and mergers to widen their product portfolio. For instance, in September 2022, Calibre Chemicals completed the acquisition of RheinPerChemie GmbH from Evonik to strengthen its manufacturing capabilities.
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
CONTACT: Arun Hegde Corporate Sales, USA Global Market Insights Inc. Phone: 1-302-846-7766 Toll Free: 1-888-689-0688 Email: [email protected]
