POTASSIUM PEROXYMONOSULFATE MARKET ANALYSIS
Market Dynamics
Increasing demand for oxidizing agents for applications in water treatment and spa and laundry industries is a factor aiding in growth of the global potassium peroxymonosulfate market over the forecast period (2018-2025). The advantages of potassium peroxymonosulfate such as absence of chlorine and efficient oxidation, to produce clear and sparkling water in swimming pools is driving the market growth. In addition to this, it is used as a sanitizer in treatment of spa and swimming pools to oxidized organic contamination.
Rising paper recycling trend due to increasing awareness regarding eco-friendly paper is expected to positively impact growth of the potassium peroxymonosulfate market. This is owing to use of potassium peroymonosulfate in paper re-pulping and as recycled fiber additives. According to the American Forest and Paper Association, in 2016, around 90% of the manufacturers in the U.S. used recycled paper for manufacturing of tissue products, which led to high demand for potassium peroxymonosulfate.
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