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Persulfates Market Share
The competitive landscape of the Persulfates industry, featuring major players such as PeroxyChem, United Initiators, Ak-Kim Kimya, Fujian ZhanHua Chemical Co., Ltd., Adeka Corporation. Reflects a moderately concentrated market with notable initiatives driving competition. While these companies contribute significantly to the industry's dynamics, there is still a degree of fragmentation with diverse product offerings and market shares. Competitive approaches among these key players encompass a mix of pricing strategies, distribution network strength, and continuous product innovation. Pricing remains a crucial aspect, with companies strategically positioning their Persulfates products to attract a broad customer base. Distribution channels play a vital role, particularly for global players leveraging extensive networks to ensure widespread availability of their products.
Persulfates Market Companies
Major players operating in the persulfates industry include:
- Adeka Corporation
- Ak-Kim Kimya
- Fujian ZhanHua Chemical Co., Ltd.
- PeroxyChem
- United Initiators
Why is the use of sodium persulfate growing?
Sodium persulfate market held 64.6% revenue share in 2023, owing to the versatility and wide range of applications, including its use as a polymerization initiator.
How big is the persulfates market?
The market size of persulfates was reached USD 869.7 million in 2023 and is anticipated to register a CAGR of over 3.7% between 2024 and 2032, driven by diverse industrial applications.
What is the size of North America persulfates industry?
U.S. region recorded recorded 40.7% revenue share of the persulfates market in 2023, driven by a strong presence in key industries, such as polymers, electronics, and oil & gas.
Who are the major key players involved in the persulfates market?
Adeka Corporation, Ak-Kim Kimya, Fujian ZhanHua Chemical Co., Ltd., PeroxyChem, and United Initiators