The global Potassium Peroxymonosulfate Market Growth Accelerated by Rising Demand for Oxidizing and Bleaching Agents

-

Potassium peroxymonosulfate, commonly known as M-Pyrol or Caro's acid, is an inorganic compound used widely as an oxidizing and bleaching agent in various industrial and commercial applications. It is an odorless yellow crystalline solid that acts as a strong oxidizing agent and provides antiseptic, bleaching and antimicrobial properties. With its fast and effective disinfection and bleaching abilities, potassium peroxymonosulfate has become popular in water treatment, textile bleaching, dentistry, disinfectants, cleaners and other industrial applications.

The global Potassium Peroxymonosulfate Market is estimated to be valued at US$ 719.96 Bn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The rising demand for oxidizing and bleaching agents from industries such as textile, paper, healthcare, agriculture, and construction has been a key driving factor propelling the expansion of the potassium peroxymonosulfate market. Potassium peroxymonosulfate is gaining popularity as an effective oxidizer and bleaching chemical across various industrial verticals. Its wide applications range from disinfecting healthcare spaces to bleaching textiles and wood pulping. Growing construction, automotive, food processing and other manufacturing activities globally have increased the demand for versatile oxidizing and bleaching solutions like potassium peroxymonosulfate. Rapid industrialization and modernization of developing economies are expected to boost the market growth over the forecast period.

Segment Analysis
The global potassium peroxymonosulfate market size is dominated by the disinfectant and sterilant sub-segment. This sub-segment accounts for more than 60% of the overall market share owing to increasing demand from applications such as surface disinfection, water treatment and medical sterilization. Potassium peroxymonosulfate is highly effective in eliminating microorganisms such as bacteria, viruses, yeasts and molds which makes it a preferred choice for disinfecting surfaces, swimming pools, spas and water reservoirs.

Key Takeaways
The global potassium peroxymonosulfate market is expected to witness high growth. The global Potassium Peroxymonosulfate Market is estimated to be valued at US$ 719.96 Bn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2031.

Regional analysis related content comprises
North America is anticipated to be the fastest growing regional market for potassium peroxymonosulfate owing to rising per capita income, strict regulations regarding food safety and hygiene, increased spending on healthcare and expanding pharmaceutical industry. The region also has a strong presence of key players such as PeroxyChem LLC and Evonik Industries AG which further aids market growth.

Key players related content comprises
Key players operating in the potassium peroxymonosulfate market are PeroxyChem LLC, United Initiators, Ansin Chemical Co Ltd., Shangyu Jiehua Chemical Co.,Ltd. and Evonik Industries AG. PeroxyChem LLC is one of the leading manufacturers of potassium peroxymonosulfate with a wide product portfolio and strong distribution network across North America.

Explore more information on this topic, Please visit: https://www.newsstatix.com/potassium-peroxymonosulfate-market-share-and-opportunity-analysis/

Comments

Post a Comment

Popular posts from this blog

The global Calcium Citrate Malate Market Growth Accelerated by Expanding Applications

-
Image
Calcium citrate malate is an essential mineral compound that provides calcium and supports bone health. Calcium citrate malate supplements help maintain healthy bones and teeth as we age. They support calcium absorption and distribution throughout the body. The global Calcium Citrate Malate Market is estimated to be valued at US$ 334.08 Mn in 2024 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The expanding applications of calcium citrate malate are expected to drive the market growth over the forecast period. Calcium citrate malate supplements are increasingly being used to prevent and treat osteoporosis. They are especially recommended for people who cannot digest lactose or avoid dairy products. The compound is also finding wider use in functional foods and beverages with added calcium and minerals. Manufacturers are developing various product formats like...
Read more

Labor Productivity Tracking Market Growth Accelerated by Remote Work and Digitalization Trend

-
Image
Labor productivity tracking solutions help businesses and organizations track employee productivity in real-time. These solutions offer features like time tracking, activity monitoring, goal setting, resource allocation, attendance logging, and analytics. They help enhance productivity by identifying opportunities for improvement, streamlining workflows, and ensuring employees are focused on tasks that add value. The global Labor Productivity Tracking Market is estimated to be valued at US$ 6.81 Billion in 2024 and is expected to exhibit a CAGR of 38% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rapid adoption of remote work and digitalization trend across industries during the pandemic has been a major driver accelerating growth of the labor productivity tracking market. Many organizations have now accepted work from home and hybrid work models. Labor productivity tracking solutions help employers...
Read more

Tamponades is fastest growing segment fueling the growth of the Global Vitreous Tamponades Market

-
Image
The global Vitreous Tamponades Market is estimated to be valued at US$ 83.89 Mn in 2023 and is expected to exhibit a CAGR of 2.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview : Vitreous tamponades are substances used to seal retinal breaks and provide internal tamponade during vitrectomy surgeries. They help stabilize the retina and promote posterior vitreous detachment. The different types of tamponades include gases, silicone oils and perfluoro-n-octane. Market key trends : One of the key trends in the market is the preference for non-silicone tamponades over traditional silicone oils. Silicone oils have been commonly used but are difficult to remove and can cause complications. Newer tamponades such as perfluorocarbon liquids and gases provide effective internal tamponade with better removal properties. They minimize complications and improve surgical outcomes leading to their increased demand. Segment ...
Read more