Potassium Monopersulfate (MPS) Market Research Report: Growth Trends, Applications, and Competitive

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Potassium Monopersulfate (MPS) Market

Analysis

Potassium monopersulfate compound has gained prominence as an environmentally friendly oxidizing agent, particularly valued for its stability and effectiveness in various sanitation applications.

Its ability to decompose into non-toxic byproducts makes it increasingly preferred in industries transitioning toward sustainable chemical solutions.

Market Overview

Regulatory support for safer disinfectants further accelerates adoption across multiple sectors.

Market growth faces headwinds including raw material price volatility, competition from alternative disinfectants like hydrogen peroxide, and the need for specialized handling due to MPS's oxidizing properties.

Market Value & Growth Projections

Market Value & Growth Projections:

• Global Market Value (2023): US$ 253 Million

• Projected Market Value (2032): US$ 427.44 Million

• CAGR (2025-2032): 6.00%

Key Market Drivers:

Heightened hygiene awareness

Stricter water quality standards

Others

Market Segmentation

By Type

Application

Food & Beverage

By Region

Key Market Players

Lanxess AG
United Initiators

Regional Market Analysis

North America

North America follows closely, with its USD 72.88 million market in 2023 driven by advanced wastewater management systems and robust healthcare sanitation standards.

Europe

Europe maintains steady demand due to stringent EU chemical regulations favoring eco-friendly oxidizers, while Latin America shows emerging potential in aquaculture applications

Asia-Pacific

Asia-Pacific represents the fastest-growing MPS market, accounting for over 42% of global consumption, with China leading both production and application.

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