Potassium Peroxymonosulfate Market, By Form (Powder, Tablet, and Others), By End-Use Industry (Electronics, Water Treatment, Textile, Pharmaceutical, Chemical, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Potassium Peroxymonosulfate Market was valued at USD 104.7 Million in 2024 and is projected to grow at a CAGR of 5.7% to reach USD 173.1 Million by 2034.

Potassium peroxymonosulfate market describes the global industry that includes the production, distribution, and usage of potassium peroxymonosulfate, a strong oxidizing agent with many industrial, commercial, and household uses. Oxone, which is also known as potassium peroxymonosulfate, is a triple salt compound made up of potassium monopersulfate, potassium sulfate, and potassium bisulfate. Because of its chemical makeup, it has strong oxidative properties that make it an effective and adaptable oxidizing agent.

Potassium peroxymonosulfate is frequently used in water treatment procedures to oxidize both organic and inorganic pollutants. Consequently, water is considered safe for drinking and other uses when it has been successfully cleaned of organic contaminants, odor-causing substances, and bacteria with potassium peroxymonosulfate. As a result, reduction of unpleasant odors, suppression of microbiological development in water systems, and enhanced water quality are among the prime advantages of potassium peroxymonosulfate.

Additionally, the market for potassium peroxymonosulfate includes the pharmaceutical, agricultural, and electronics industries. It is employed in the pharmaceutical industry as a sterilizing agent and disinfectant as well as a desoldering agent in the electronics field. In order to protect crops, the gricultural sector uses potassium peroxymonosulfate as a fungicide and bactericide in the fields. As a result of its widespread applications, intense oxidizing ability, and advantages for the environment, the potassium peroxymonosulfate market has a great deal of room to grow and propel over the forecast period.

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Potassium Peroxymonosulfate Market Key Drivers:

• Growing Need for Water Treatment  

In accordance with stricter environmental regulations and issues about water quality, strong oxidizing power of potassium peroxymonosulfate proves to be useful while effectively removing organic pollutants, micro plastics, and persistent pharmaceutical residues. It is expected that an increase in the application of potassium peroxymonosulfate for the treatment of industrial and municipal wastewater, would provide lucrative opportunities for market players.

• A Transition to Sustainable Products  

A growing number of enterprises are adopting cleaner and more economical options due to concerns about environmental sustainability, which makes potassium peroxymonosulfate a desirable solution. The industry is growing as a result of rising understanding of the negative impacts of conventional bleaching chemicals like chlorine and the adoption of greener alternatives like potassium peroxymonosulfate.

Potassium Peroxymonosulfate Market Restrains:

Potential market share for potassium peroxymonosulfate may be restricted by the presence of substitute products. The presence of substitutes like hydrogen peroxide, chloramine B, and chlorine dioxide is a significant barrier to the market's expansion. The costlier potassium peroxymonosulfate powder compared to shock products based on chlorine is anticipated to hinder market expansion. Also, increased expenses for manufacturing may result in greater costs for goods, which may restrict market penetration—particularly in areas or businesses where prices are a vital aspect.

Potassium Peroxymonosulfate Market Opportunities:

The market is anticipated to increase further as the society has become more aware of the advantages of utilizing potassium peroxymonosulfate due to safety concerns regarding their health and the environment. The market for potassium peroxymonosulfate appears to be well-positioned for significant growth in the future because of ongoing research and development efforts targeted at lowering expenses while also aiming at increasing product efficiency.

Potassium Peroxymonosulfate Market is segmented based on Form, End-Use Industry and Region.

Form Insights             

• Powder: Powder is the widely used form of potassium peroxymonosulfate because of its use in the pharmaceutical sector which is having increasingly more demand of it. In cases of diarrhea, vomiting, and abnormalities of the adrenal glands, low blood potassium levels are treated with potassium peroxymonosulfate. It is also utilized in many different sectors, including chemical production and water treatment systems.
• Tablet: Tablet form is necessary in providing regulated dosage along with features like gradual dissolving, making it a preferable option for uses in bleaching textiles and cleaning electronics. It is also an expanding market because of its simplicity and efficiency of use in various sectors.
• Others: Others segment include alternative variants of potassium peroxymonosulfate which offer flexibility and diversity in product composition and could also find use in different specialized processes or niche sectors.

End-Use Industry Insights

• Electronics: Electronics segment make use of PCBs (Printed Circuit Boards) which are to be cleaned and have their surface treated using potassium peroxymonosulfate in this sector. The dependability and functionality of products in electronic gadgets are improved by the application of potassium peroxymonosulfate, which guarantees clean and residue-free surfaces.
• Water Treatment: Water Treatment segment is an expanding sector as a result of stricter rules for treating water and also due to growing water scarcity. Potassium peroxymonosulfate is utilized for algal control, odor elimination, and disinfection. Here, both liquid and powder versions are useful in treatment.
• Textile: Textile segment has many uses for potassium peroxymonosulfate in its industry. When bleaching wool, potassium peroxymonosulfate has a low shrink resistance and is employed as an oxidizing agent in the production of wool items. As a result, during the course of the projection period, the textile segment is anticipated to increase rapidly.
• Pharmaceutical: Pharmaceutical segment involves production companies, laboratories, and healthcare settings which employ disinfectants based on potassium peroxymonosulfate to guarantee the safety and quality of their products.
• Chemical: Chemical segment makes use of potassium peroxymonosulfate in promoting effective and focused oxidation processes, also, potassium peroxymonosulfate makes it possible to synthesize useful chemical compounds and high-quality, pure polymers.
• Others: This segment covers processes including treatment of leather, bleaching paper, and processing food in industries. Specific needs of manufacturers are met by liquid and granule forms of potassium peroxymonosulfate.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Potassium Peroxymonosulfate Market Regional Insights

• North America market is estimated to witness a significantly high revenue share over the forecast period, owing to the increasing need for wastewater management solutions and the region's expanding use of ecologically friendly products.
• Asia Pacific market is estimated to witness fastest revenue share due to increasing prevalence of issues about contamination of water, increasing expenditure on treating industrial effluent, and the region's increasing occurrence of water-borne illnesses like cholera, typhoid, and diarrhea are the key drivers of the market's expansion. Additionally, factors like the rising demand from the textile, and electronic sectors are fueling the market growth.
• Europe market is expected to develop steadily as a result of strict environmental laws and the implementation of cutting-edge water treatment systems in the region.
• Latin America market is an emerging region for potassium peroxymonosulfate use, and is estimated to represent steady growth which is likely to increase with the advancements in water treatment and management techniques, and a steep increase in research and development efforts which are focused on cutting expenses and for increasing product efficiency.
• Middle East & Africa market is in its developmental stages and would represent moderate growth due to growing industrial sectors, rise in urbanization, increasing water shortages, and growing environmental concerns in the region.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Potassium Peroxymonosulfate Market report based on Form, End-Use Industry and Region:

Potassium Peroxymonosulfate Market, By Form:

• Powder
• Tablet
• Others

Potassium Peroxymonosulfate Market, By End-Use Industry:

• Electronics
• Water Treatment
• Textile
• Pharmaceutical
• Chemical
• Others

Potassium Peroxymonosulfate Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the Potassium Peroxymonosulfate Market includes, DowDuPont, Inc., Lanxess AG, United Initiators, Ansin Chemical Co Ltd., Shangyu Jie Hua Chemical Co., Ltd., Merck KGaA, Chemours company, Shanghai Future Chemical, VR Persulfates, and Lonza.

• In September 2020, BASF developed an enhanced Red Phosphorus polyamide grade for Asian markets. By this novel offering, BASF it has increased the scope of products it offers for industrial and transportation uses relative to traditional materials. Currently regarded as one of the best-in-class materials, the new Red Phosphorus grade exhibits high flame-retardancy and exceptional mechanical performance with a pH release value of less than 20ppm.

• DowDuPont, Inc.
• Lanxess AG
• United Initiators
• Ansin Chemical Co Ltd.
• Shangyu Jie Hua Chemical Co., Ltd.
• Merck KGaA
• Chemours Company
• Shanghai Future Chemical
• VR Persulfates
• Lonza