Ammonium Persulfate Market by Grade (Reagent Grade, Technical Grade), Form (Crystalline Powder, Solution), Application, End-User - Global Forecast 2024-2030

Ammonium Persulfate Market by Grade (Reagent Grade, Technical Grade), Form (Crystalline Powder, Solution), Application, End-User - Global Forecast 2024-2030

The Ammonium Persulfate Market size was estimated at USD 254.79 million in 2023 and expected to reach USD 267.02 million in 2024, at a CAGR 5.02% to reach USD 359.06 million by 2030.

Ammonium persulfate (APS) is a potent oxidizing agent for multiple purposes across various industries. This inorganic compound is characterized by its white, crystalline appearance and is primarily used in the polymer chemistry field to initiate the polymerization of certain alkenes. Additionally, APS plays a crucial role in manufacturing printed circuit boards (PCB), acting as an etchant and cleaner. Moreover, it is a radical initiator in analytical chemistry to induce polymerization reactions. Its ability to serve as a powerful oxidizer makes it a valuable component in hair bleaching formulations and in producing other chemicals through oxidation processes. Given its broad application range and significant industrial value, understanding the properties, handling precautions, and application contexts of ammonium persulfate is essential for professionals in related fields. Increasing demand in the electronics sector, expanding polymer industry application, and growing ammonium persulfate utilization in water treatment plants drive market growth. However, concerns regarding handling and storage requirements with the accessibility of substitutes hinder market adoption. Nevertheless, the rise in sustainable and bio-based chemicals manufacturing coupled with significant awareness and demand for personal care and cosmetics products may find new avenues for the ammonium persulfate market growth.

Regional Insights

In the Americas, the demand for ammonium persulfate is notably growing in the chemical manufacturing and water treatment sectors. Consumers in these regions prioritize product efficacy and environmental sustainability, influencing manufacturers to invest in eco-friendly production technologies. Recent initiatives, including the expansion of production capacities and research into less hazardous alternatives, highlight the commitment to meeting these consumer needs. EU countries exhibit a robust demand for ammonium persulfate, primarily driven by stringent environmental regulations and a strong focus on renewable energy. The cosmetics and polymer industries are significant consumers, where the emphasis is on quality and safety standards. European manufacturers are at the forefront of adopting green chemistry principles, investing in research to reduce the environmental impact of chemical processes. On the other hand, the Middle East and Africa region presents a growing market for ammonium persulfate, especially in water treatment and the mining sector. The demand is fueled by industrial expansion and the necessity for clean water in arid regions. Investments are primarily directed towards enhancing production efficiency and exploring untapped markets, with a growing emphasis on sustainability. Asia Pacific is involved in patents and innovative applications of ammonium persulfate, notably in the electronics and textile industries. Japan and India similarly show substantial growth, driven by consumer electronics and chemical manufacturing industries. Investments in this region focus on expanding production capacities and improving supply chain efficiency to meet the surging demand.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Ammonium Persulfate Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Increasing investments in the semiconductor sector
• Expanding the application of ammonium persulfate in the polymer industry
• Rise in skin care and hair care product manufacturing

Market Restraints

• Fluctuation in raw material prices with accessibility of substitutes

Market Opportunities

• Rise in sustainable and bio-based chemicals manufacturing
• Growing government initiatives for water treatment and soil remediation facilities

Market Challenges

• Concerns regarding handling and storage requirement

Market Segmentation Analysis

• Grade: Burgeoning usage of technical grade ammonium persulfate due to its cost-effectiveness and adequate performance for wide applications
• End-User: Evolving utilization of ammonium persulfate in polymer production

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Ammonium Persulfate Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Ammonium Persulfate Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Biden-Harris Administration Announces USD 16.5 million for US Virgin Islands Water Infrastructure Upgrades As Part of President Biden’s Investing in America agenda

The US Environmental Protection Agency (EPA) allocated over USD 16.5 million to the US Virgin Islands for significant enhancements to drinking water and clean water systems. This funding is part of a broader USD 50 billion investment through the Bipartisan Infrastructure Law to modernize the nation's water systems.

Calibre Buys Evonik’s Persulfates Unit To Broaden Its Portfolio And Enhance Its Expertise In The Production Of High-Quality Persulfates

Calibre Chemicals acquired Evonik's persulfates business. This acquisition enables Calibre to broaden its portfolio and enhance its expertise in producing high-quality persulfates, which are essential compounds in various industries, including electronics, cosmetics, and water treatment. By integrating Evonik's advanced persulfate technology and production facilities, Calibre is set to deliver increased value to its global customer base, driving innovation and securing a competitive edge in the market.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Ammonium Persulfate Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Ammonium Persulfate Market, highlighting leading vendors and their innovative profiles. These include ABC Chemicals (Shanghai) Co. Ltd., Adeka Corporation, Ak-kim Kimya Sanayi ve Ticaret A.Ş, AquaPhoenix Scientific, LLC., ATAMAN Acar Kimya A.S., Calibre Chemicals Pvt. Ltd., Chikamochi Pure Chemical Co., Ltd., Fujian Ming LinTechnology Co., Ltd., Fujian ZhanHua Chemical Co., Ltd., LANXESS AG, Merck KGaA, Mitsubishi Gas Chemical Company, Inc., Otto Chemie Pvt. Ltd., Powder Pack Chem, San Yuan Chemical Co., Ltd., Shaanxi Baohua Technologies Co. Ltd., SHANGHAI CHEMEX GROUP LTD., SIEBTECHNIK TEMA GmbH, Stars Chemical (YongAn) Co. Ltd., TRIANGULUM CHEMICALS PRIVATE LIMITED, United Initiators GmbH, VR Persulfates Pvt. Ltd., WEGO CHEMICAL GROUP, and Yatai Electrochemistry Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Ammonium Persulfate Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Grade
• Reagent Grade
• Technical Grade
• Form
• Crystalline Powder
• Solution
• Application
• Circuit Board Manufacturing
• Cosmetics & Personal Care
• Laboratory Reagent
• Polymerization Initiator
• Soil Conditioning & Agriculture
• Water Treatment
• End-User
• Manufacturing
• Oil & Gas
• Pharmaceuticals
• Polymers
• Textiles & Dyes
• Region
• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year