POTASSIUM PEROXYMONOSULFATE MARKET ANALYSIS
Key players are strategically investing in mergers and acquisitions to enhance their market share and remain competitive in the market. For instance, in 2016, Lanxess—a leading chemical company—acquired Chemours Company, to expand business in water treatment focusing the distribution and production of the active ingredient such as potassium monopersulfate. The major core brand, Oxone is used in personal care, pool, and spa applications and the electronics industry and as active ingredient in the formulation of disinfection products.
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