The potassium peroxymonosulfate market plays an important role in water treatment processes worldwide. Potassium peroxymonosulfate also known as Caro’s acid or KHSO5 is an oxidizing agent and disinfectant used for making drinking water more potable. It finds usage in municipal water treatment facilities and industrial water treatment applications for wastewater management. Potassium peroxymonosulfate is effective in neutralizing bacteria, fungi, viruses and other microorganisms. It leaves no toxic residue and breaks down into non-toxic potassium sulfate and oxygen. The growing concerns regarding water pollution and population demanding safe drinking water is driving more investments towards effective water disinfection measures. This is fueling the demand for potassium peroxymonosulfate globally.

The Global Potassium Peroxymonosulfate Market is estimated to be valued at US$ 719.96 Bn in 2024 and is expected to exhibit a CAGR of 8.4% over the forecast period 2024 to 2030.

Key Takeaways

Key players operating in the Potassium Peroxymonosulfate market are Meditrac, Trulife, Everyway Medical Instruments Co. LTD, , Enovis (DJO, LLC), Orthoservice AG, Aurora Health & Beauty Inc., Compass Health, Advanced Orthopaedics, Disc Disease Solutions, Inc., Jiangsu Folee, Baker Medical., Tynorindia, SCOLIOLIFE, and Pettibon System. Potassium peroxymonosulfate products from these leading brands are highly effective against a wide range of microorganisms found in water.

The growing demand for clean potable water due to rising global population, urbanization, industrialization and scarcity of freshwater resources is propelling the potassium peroxymonosulfate market growth. The awareness regarding waterborne diseases is increasing massively owing to initiatives by UNICEF, WHO and other governmental organizations which is driving the adoption of advanced water disinfection methods using the potassium peroxymonosulfate.

Owing to implementation of stringent regulations related to industrial wastewater discharge standards across regions, potassium peroxymonosulfate manufacturers are expanding their product offerings and global footprint to leverage growth opportunities. Companies are focusing on geographical expansion strategies through partnerships, acquisitions and collaborations with water treatment service providers.

Market Drivers

The major driver boosting the Potassium Peroxymonosulfate Market is rising concerns regarding safe drinking water. As per WHO, around 2 billion people globally lack access to safely managed drinking water sources. Growing water pollution levels due to agricultural, industrial and urban run-offs have increased the risks of contracting fatal waterborne diseases. This is compelling governments and various organizations to invest heavily in water treatment upgradation and disinfection which has accelerated the demand for potassium peroxymonosulfate. The stringent regulatory guidelines mandating advanced effluent treatment for industries before discharge is another key factor augmenting the market expansion.

The ongoing geopolitical situations across different regions are expected to impact the growth of the global potassium peroxymonosulfate market during the forecast period. Some of the key geopolitical factors include the ongoing Russia-Ukraine war, trade relations between USA and China, and tensions in South China Sea region.

The Russia-Ukraine conflict that started in early 2022 has disrupted the global supply chains and export/import activities. Both Russia and Ukraine are prominent producers and exporters of raw materials used for manufacturing potassium peroxymonosulfate. The sanctions on Russia by Western countries and disruption of sea routes in the Black Sea have limited the availability of key raw materials in Europe. This is expected to hamper the production volumes and push manufacturing costs higher in the European region. Additionally, the trade relations between USA and China remain tense over the issues of Taiwan Strait and technology dominance. Any further deterioration in trade relations could affect the cross-border trade of raw materials and finished goods between these two economic powerhouses.

In terms of geographical concentration, the potassium peroxymonosulfate market in Asia Pacific region accounted for the largest share in terms of value in 2024. The growth in Asia Pacific region is driven by strong demand from water treatment and healthcare disinfection applications in densely populated countries like China and India. Europe and North America were also significant markets owing to stringent regulations pertaining to water treatment plants and hospitals.

The potassium peroxymonosulfate market is anticipated to witness the fastest growth in the Central and South America region during the forecast period of 2024-2030. The growing urbanization and rising hygiene standards are leading to higher investments in water infrastructure and healthcare facilities across Brazil, Argentina and other developing nations. Additionally, the increasing industrial and agricultural activities are propelling the demand for disinfection chemicals in this region. The market players should focus on establishing production facilities and collaborating with local distributors to cater to the rising demand from various end-use industries in Central and South American countries.

Geographical regions where the potassium peroxymonosulfate market was concentrated in terms of value in 2024 included Asia Pacific and Europe. The Asia Pacific region accounted for the largest share due to strong demand from water treatment and healthcare disinfection applications in densely populated countries like China and India. Additionally, the fastest growing region for the potassium peroxymonosulfate market during the forecast period of 2024-2030 is anticipated to be Central and South America. The growing investments in water infrastructure and urbanization are driving the market growth in developing nations of this region.

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