Potassium Peroxymonosulfate Market: Size, Growth, Regional Analysis, And Market Analysis

Potassium Peroxymonosulfate:

Potassium peroxymonosulfate, sometimes known as potassium monopersulfate, is a soluble solid in water. The oxidizing agent potassium peroxymonosulfate is widely utilized in various applications, including disinfectants, paper recycling, precious metal extraction, and oral hygiene products.


Market Analysis:

The global Potassium Peroxymonosulfate Market is predicted to develop at a CAGR of 2.7 per cent from 2021 to 2026, from 102.7 million USD in 2020 to 124 million USD by the end of 2026.


A significant element driving the global market growth is increasing demand for potassium peroxymonosulfate from various end-use industries, particularly water treatment sectors. However, the availability of potassium peroxymonosulfate alternatives such as chlorine dioxide and hydrogen peroxide is a major issue impeding the worldwide market growth.


The global Potassium Peroxymonosulfate Market is expected to be propelled by an increase in demand for oxidizing agents with low pH and alkalinity for oxidizing organic contamination in the water treatment, spa, and laundry industries. In addition, because of its non-chlorinated solid oxidation potential, Potassium Peroxymonosulfate aids in pool cleaning and reduces sanitizer usage. However, compared to chlorinated oxidizers, Potassium Peroxymonosulfate is more expensive and produces negative results for free chlorine in the FAS-DPD test and combined chlorine in the DPD test.


This is expected to restrain the market. Nonetheless, the growing use of Potassium Peroxymonosulfate in oral hygiene formulations, printed circuit board etching, paper recycling, and precious metal extraction processes is expected to provide attractive opportunities for Potassium Peroxymonosulfate manufacturers.


Regional Analysis:

North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa make up the target market. However, compared to other regions, North America is predicted to account for the majority of income. This can be due to the growing use of potassium peroxymonosulfate in various end-use industries across the region. In addition, the European market is expected to have the second-highest revenue share in the global Potassium Peroxymonosulfate Market, trailing only the Asia Pacific market.


The Asia Pacific market is expected to grow significantly. This is due to increased demand for potassium peroxymonosulfate from water treatment plants in the region's rising economies. In addition, the Asia-Pacific Potassium Peroxymonosulfate Market is expected to benefit from increased government initiatives aimed at preventing the spread of water-borne diseases.


Key Players:

DowDuPont, Inc., Lanxess AG, United Initiators, Ansin Chemical Co Ltd., Shangyu JieHua Chemical Co., Ltd. Merck KGaA, and Lonza are the major key players in Potassium Peroxymonosulfate Market.

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