Persulfate is widely used in the chemical industry , and plays a very important role in the field of wiring,product manufacturing,plastics,concrete manufacturing and soil remediation .
The persulfates market is projected to register a CAGR of over 3% during the forecast period (2021-2026).
The COVID-19 pandemic impacted metal production as mining was interrupted due to lockdown regulations and the safety of workers. Thus, the persulfates market was negatively impacted as they are used to clean the surface of metals in the electrical components industry. The coronavirus pandemic has had a considerable impact on the electronics industry as the supply chain of electronic components disrupted. Furthermore, the oil and gas industry, in which persulfates are used as gel breakers, was also negatively impacted by COVID-19 as the demand decreased. In India, the amount of crude oil produced in October 2020 was 2.568 million metric ton. When compared to domestic production in October 2019, this was 6.24% lower. Natural gas output was also down compared to the same month last year. Domestic natural gas production in October 2020 was 2,418.88 million standard cubic meters, down by 8.41% from October 2019. The global cosmetics industry was also negatively affected, which affected the demand in the market studied. The revenue from the global cosmetics industry fell from approximately USD 89.8 billion in 2019 to USD 87 billion in 2020, witnessing a decline of around 3.1% in 2020. However, the condition is expected to recover in 2021, thereby restoring the growth trajectory of the market over the forecast period.
Over the medium term, the major factors expected to drive the market are the increasing demand for persulfates in the electronics industry and growing demand in the paper, pulp, and textile industry.
On the flipside, issues related to the storage and transportation of persulfates and the negative impact of the COVID-19 pandemic are the major restraints expected to hinder the market growth.
Asia-Pacific dominated the market globally, with the largest consumption registered in countries like China, India, and Japan.
The head factory of persulfate comes from the world's top brands,
There are the following companies
ADEKA CORPORATION,
Akkim Kimya, CHEMetrics, Inc. ,
LANXESS ,
MITSUBISHI GAS CHEMICAL COMPANY INC. , PeroxyChem(Evonik Industries AG) ,
POWDER PACK CHEM ,
United Initiators ,
VR Persulfates Pvt. Ltd
One of the leading domestic manufacturers: Xiamen degusa chemical technology Co., Ltd.
Made in China Import and Export Co., Ltd. At present, our company has sodium persulfate, ammonium persulfate and potassium persulfate.
Since its establishment, Xiamen degusa chemical technology Co., Ltd. has been focusing on the production of persulfate, with an annual output of over 20,000 tons of sodium persulfate, making it one of the largest persulfate manufacturers in the world.
Persulfate belongs to Category 5.1 hazardous chemicals, and most products are prone to react with water and reducing substances, requiring special transportation and storage methods. Xiamen degusa chemical technology Co., Ltd. has set up professional dangerous goods warehousing and distribution centers in many parts of the country, using vehicles qualified for the transportation of dangerous goods for distribution throughout the whole process, providing customers with one-stop service of product sales, warehousing, transportation and after-sales. The persulfate products produced by the factory are produced in accordance with the implementation standards, so that customers can buy and use with confidence.