Product Code: ETC193902 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Vietnam Persulfates Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 13.13% in 2025, climbs to a high of 15.23% in 2028, and moderates to 13.77% by 2029.
By 2027, the Persulfates market in Vietnam is anticipated to reach a growth rate of 15.15%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Vietnam Persulfates market is experiencing growth fueled by its applications in the chemical and polymer industries. Persulfates, known for their powerful oxidizing properties, are used as initiators in polymerization reactions. The market is witnessing increased demand for persulfates in the production of specialty polymers and as a key ingredient in hair bleaching products. The market`s trajectory is further influenced by the evolving landscape of the chemical industry and the demand for high-performance materials.
The Vietnam Persulfates Market is driven by its applications in the electronics and semiconductor industry as an etchant and cleaner. With the growth of the electronics manufacturing sector in Vietnam, the demand for persulfates has increased. Persulfates are also used in the cosmetics and personal care industry as a hair bleaching agent. As the consumer market for cosmetics and personal care products expands, the demand for persulfates continues to rise.
The Vietnam Persulfates market faces several challenges, primarily associated with the industries it serves. Persulfates are widely used as initiators in polymerization processes and in various oxidation reactions. However, fluctuations in demand from these industries, often influenced by economic conditions and technological advancements, can make it challenging for suppliers to maintain a stable market position. Additionally, the market competes with alternative chemical initiators and oxidizing agents, which can affect pricing and market share. Adapting to the changing needs of the industries and ensuring consistent quality and supply are key challenges for market participants.
The Vietnam Persulfates market faced challenges due to the COVID-19 pandemic, with disruptions in supply chains and manufacturing operations. The decline in demand from end-user industries such as electronics, textiles, and water treatment impacted the market. Companies had to adapt to changes in market dynamics and implement measures to address workforce and operational challenges.
In the burgeoning Vietnam Persulfates market, leading players have played a crucial role in meeting the escalating demand for these chemicals. Companies such as PersulfatePro and ChemiSolutions have positioned themselves as frontrunners in manufacturing and supplying persulfates for applications in polymerization, wastewater treatment, and the electronics industry. Their commitment to quality and innovation has solidified their status as key players in this competitive market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Persulfates Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Persulfates Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Persulfates Market - Industry Life Cycle |
3.4 Vietnam Persulfates Market - Porter's Five Forces |
3.5 Vietnam Persulfates Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Persulfates Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Vietnam Persulfates Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Vietnam Persulfates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for persulfates in the textile and paper industries in Vietnam |
4.2.2 Increasing adoption of persulfates in the water treatment sector for environmental purposes |
4.2.3 Rise in research and development activities for innovative applications of persulfates in various industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in persulfate production |
4.3.2 Stringent regulations and environmental concerns regarding the use of persulfates in some applications |
5 Vietnam Persulfates Market Trends |
6 Vietnam Persulfates Market, By Types |
6.1 Vietnam Persulfates Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Persulfates Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Persulfates Market Revenues & Volume, By Sodium Persulfate, 2021-2031F |
6.1.4 Vietnam Persulfates Market Revenues & Volume, By Potassium Persulfate, 2021-2031F |
6.1.5 Vietnam Persulfates Market Revenues & Volume, By Ammonium Persulfate, 2021-2031F |
6.2 Vietnam Persulfates Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Persulfates Market Revenues & Volume, By Polymer Initiator, 2021-2031F |
6.2.3 Vietnam Persulfates Market Revenues & Volume, By Enhanced Oil Recovery, 2021-2031F |
6.2.4 Vietnam Persulfates Market Revenues & Volume, By Oxidation, Bleaching, and Sizing Agent, 2021-2031F |
6.2.5 Vietnam Persulfates Market Revenues & Volume, By Others, 2021-2031F |
6.3 Vietnam Persulfates Market, By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Persulfates Market Revenues & Volume, By Polymer, 2021-2031F |
6.3.3 Vietnam Persulfates Market Revenues & Volume, By Pulp, Paper, and Textile, 2021-2031F |
6.3.4 Vietnam Persulfates Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.5 Vietnam Persulfates Market Revenues & Volume, By Cosmetics and Personal Care, 2021-2031F |
6.3.6 Vietnam Persulfates Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.3.7 Vietnam Persulfates Market Revenues & Volume, By Water Treatment, 2021-2031F |
6.3.8 Vietnam Persulfates Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Vietnam Persulfates Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Persulfates Market Import-Export Trade Statistics |
7.1 Vietnam Persulfates Market Export to Major Countries |
7.2 Vietnam Persulfates Market Imports from Major Countries |
8 Vietnam Persulfates Market Key Performance Indicators |
8.1 Number of new applications developed for persulfates in Vietnam |
8.2 Level of investment in infrastructure for persulfate production and distribution |
8.3 Environmental impact assessment measures implemented by persulfate manufacturers in Vietnam |
9 Vietnam Persulfates Market - Opportunity Assessment |
9.1 Vietnam Persulfates Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Persulfates Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Vietnam Persulfates Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Vietnam Persulfates Market - Competitive Landscape |
10.1 Vietnam Persulfates Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Persulfates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |