The global Potassium Monopersulfate (MPS) Market continues to demonstrate strong growth, with its valuation reaching USD 253 million in 2023. According to the latest industry analysis, the market is projected to grow at a CAGR of 6.00%, reaching approximately USD 427.44 million by 2032. This growth is largely fueled by increasing applications in water treatment, pulp and paper processing, and electronics manufacturing, particularly in emerging economies where demand for eco-friendly disinfectants and oxidizing agents continues to rise.
Potassium Monopersulfate is a powerful oxidizing agent widely used as a chlorine-free disinfectant and cleaning compound. This inorganic compound, with the chemical formula KHSO5, serves as an active component in industrial and household applications due to its excellent bleaching and sanitizing properties. Its versatility and environmental friendliness make it highly desirable in industries transitioning toward sustainable practices. As regulations tighten on chlorine-based products and the need for effective biocides grows, manufacturers and regulatory bodies are increasingly supporting innovation and green chemistry initiatives.
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Market Overview & Regional Analysis
Asia-Pacific dominates the global MPS market with a 42% consumption share, driven by strong demand in China, India, and Southeast Asia. The region benefits from rapid industrialization, expanding textile and electronics sectors, and increasing investments in water treatment infrastructure, fueling demand for MPS in disinfection and bleaching applications.
North America’s growth is bolstered by advanced water treatment facilities and stringent environmental regulations, with the market valued at USD 72.88 million in 2023 and projected to grow at a CAGR of 5.14% from 2025 to 2032. Europe leads with regulatory frameworks under the EU REACH promoting eco-friendly chemicals. Emerging regions like Latin America and the Middle East & Africa show promising growth potential, despite challenges in infrastructure and awareness, as urbanization drives the need for sustainable sanitation solutions.
Key Market Drivers and Opportunities
The market is driven by the global shift toward sustainable water treatment, rising demand in the electronics and textile industries, and technological advancements in stabilized MPS formulations. Water treatment accounts for over 35% of global demand, with projections indicating this share will grow to 42% by 2028, followed by pulp and paper at significant levels and electronics growing at 7.2% annually. New applications in food processing and healthcare disinfection offer significant future opportunities, as MPS eliminates pathogens without toxic residues.
Opportunities also lie in the development of blended MPS products with enhanced stability and the integration of MPS in advanced oxidation processes for wastewater management. The expanding food safety regulations and the healthcare sector’s need for reliable sterilization methods present untapped potential for exporters, especially in regions with growing industrial bases like South America and Africa.
Challenges & Restraints
The MPS market faces challenges including handling and storage requirements due to its strong oxidizing nature, regulatory compliance across regions, and competition from cost-effective alternatives like chlorine-based disinfectants and hydrogen peroxide. Supply chain volatility from raw material fluctuations continues to impact prices, while the need for specialized training limits adoption among smaller users. Trade restrictions and varying safety standards pose further risks, particularly in developing markets where logistical challenges hinder efficient distribution.
Market Segmentation by Type
- Industrial Grade
- Pharmaceutical Grade
- Other
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Market Segmentation by Application
- Water Treatment
- Pulp & Paper
- Electronics
- Textiles
- Food & Beverage
- Others
Market Segmentation and Key Players
- Lanxess AG
- Evonik Industries AG
- Solvay S.A.
- PeroxyChem LLC
- United Initiators GmbH
- Shangyu Jiehua Chemical Co., Ltd.
- Haihang Industry Co., Ltd.
- Mitsubishi Gas Chemical Company
- OCI Company Ltd.
Report Scope
This report presents a comprehensive analysis of the global and regional markets for Potassium Monopersulfate (MPS), covering the period from 2024 to 2032. It includes detailed insights into the current market status and outlook across various regions and countries, with specific focus on:
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Sales, sales volume, and revenue forecasts
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Detailed segmentation by type and application
In addition, the report offers in-depth profiles of key industry players, including:
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Company profiles
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Product specifications
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Production capacity and sales
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Revenue, pricing, gross margins
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Sales performance
It further examines the competitive landscape, highlighting the major vendors and identifying the critical factors expected to challenge market growth.
As part of this research, we surveyed Potassium Monopersulfate (MPS) companies and industry experts. The survey covered various aspects, including:
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Revenue and demand trends
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Product types and recent developments
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Strategic plans and market drivers
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Industry challenges, obstacles, and potential risks
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