Potassium Peroxymonosulfate Market is Booming Worldwide at Unstoppable Rate | DowDuPont, Inc., Lanxess AG, United Initiators


 

Potassium peroxymonosulfate, also known as potassium monopersulfate, is a white granular solid that is water soluble. Potassium peroxymonosulfate has the chemical formula HKO6S and is made up of three salts: potassium monopersulfate, potassium bisulfate, and potassium sulphate.

Oral hygiene products, pool and spa disinfections, printed circuit board etching, wool shrink proofing, paper recycling, laundry bleaches, and precious metal extraction are all examples of when potassium peroxymonosulfate is employed as an oxidising agent.

The global potassium peroxymonosulfate market is expected to increase due to rising demand for oxidising agents in the water treatment, spa, and laundry industries throughout the forecast period (2018-2025). The market is growing because to the benefits of potassium peroxymonosulfate, such as the absence of chlorine and efficient oxidation, in producing clean and sparkling water in swimming pools. It is also employed as a sanitizer in the treatment of oxidised organic pollution in spas and swimming pools.

The potassium peroxymonosulfate market is predicted to develop due to an increase in paper recycling due to increased awareness about eco-friendly paper. Because potassium peroymonosulfate is used in paper re-pulping and as recycled fibre additives, this is the case. According to the American Forest and Paper Association, about 90% of tissue makers in the United States used recycled paper in 2016, resulting in a strong need for potassium peroxymonosulfate.

The availability of alternatives such as chloramine B, chlorine dioxide, and hydrogen peroxide is a key restraint on the market expansion. Additionally, potassium peroxymonosulfate powder is more expensive than chlorine-based shock solutions, which is projected to limit market expansion.

DowDuPont, Inc., Lanxess AG, United Initiators, Ansin Chemical Co Ltd., Shangyu Jie Hua Chemical Co., Ltd., Merck KGaA, and Lonza are among the major competitors in the global potassium peroxymonosulfate market.

To increase their market share and stay competitive, key firms are actively investing in mergers and acquisitions. For example, Lanxess, a leading chemical company, purchased Chemours Company in 2016 to develop its water treatment business by focusing on the sale and production of active ingredients like potassium monopersulfate. Oxone, the company's main brand, is utilised in personal care, pool and spa applications, the electronics industry, and as an active ingredient in disinfection product formulatio

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