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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