Sodium Persulfate Market : Dynamics, Segments, Size and Demand, 2015 - 2021
The growth in the demand for the personal care products in expected to be a major demand driver for the global sodium persulfate market. The increasing use of cosmetics in the developed as well as developing countries due to growing desire for skin care is anticipated to fuel the sodium persulfate market. As the sodium persulfate is economic to use, the demand for sodium persulfate is expected to grow in the near future. The growing textile industry is also expected to create a buzz in the sodium persulfate market. Also the strict regulations for the disposal of waste water from the chemical industry can be a major driver for the sodium persulfate market because of its application in the waste water treatment for removal of harmful substances. Stringent government regulations pertaining to the use of ingredients that do not cause damage to skin in the personal care products is expected to restrain the growth of the sodium persulfate market.
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The global sodium persulfate market can be segmented based on application as:
Printed circuit boards
Others (waste gas treatment, chemical synthesis, etc.)
Cosmetics sector is expected to have a major contribution in the sodium persulfate market.
The sodium persulfate market can be broadly classified based on geography as market in North America, Latin America, Western Europe, Eastern Europe, Japan, Asia – Pacific, Middle East and Africa. North America and Europe is expected to be the dominant players in the sodium persulfate market. However, Asia pacific is expected to be the most promising region in terms of revenue growth in the sodium persulfate market. Countries like China and India are anticipated to be the most promising countries in the sodium persulfate market due to rapid urbanization coupled with awareness pertaining to skin care products.
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Some of the key market players identified in the global sodium persulfate market are:
VR Persulfates Pvt Ltd
ABC Chemicals (Shanghai) Co., Ltd.
Geo-Cleanse International, Inc.
Sigma-Aldrich Co. LLC.
Ryoko Chemical Co., Ltd.
Stars chemical (YongAn) Co. Ltd.
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