Global Potassium Persulfate Market Overview:
Potassium Persulfate is used as a free-radical initiator for polymerization. It is also known as potassium peroxydisulfate which is a colorless or white triclinic powder in the form of a crystal. It is widely used as a strong oxidizing agent and in bleaching applications. The potassium persulfate is also used as a bleach activator and desizing agent. According to AMA, the Global Potassium Persulfate market is expected to see growth rate of 4.83%
- Increasing Use as an Initiator and a Strong Oxidizing Agent
- Growing Demand From the End-Use Industries
- Exposure May Lead to Major Side Effects on Human Health
- Growing Demand for Bleach Activator and Desizing Agent
- Increasing Use in Photography
In Potassium Persulfate Market, it has been observed that most of the companies rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share.
Some of the key players profiled in the report are FMC Corporation (United States), United Initiators (Germany), Mekong–Ganga Cooperation (Laos), ADEKA CORPORATION (Japan), VR Persulfates Private Limited (India), ABC Chemicals (India), BASF SE (Germany), Dow Chemical Company (United States), Koninklijke DSM N.V. (Netherlands), Honeywell International Inc. (United States), KEMIRA Oyj (Finland) and Merck KGaA (GermanY). Analyst at AdvanceMarketAnalytics see Asia Pacific Vendors to retain maximum share of Global Potassium Persulfate market by 2024.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Potassium Persulfate market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Potassium Persulfate market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Raw Material Suppliers, Manufacturers of Potassium Persulfates, Traders, Distributors, and Suppliers of Potassium Persulfates, Government & Regional Agencies and Investors and Research Organizations.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.