Data Bridge Market Research analyses that the organic peroxide market is expected to undergo a CAGR of 3.45% during the forecast period. This indicates that the market value, which was USD 1,026.93 million in 2021, would rocket up to USD 1,347.05 million by 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
An organic peroxide is any organic compound which having two oxygen atoms joined together. They may be regarded as the hydrogen peroxide derivatives where one or both hydrogens have been substituted by organic radicals. Organic peroxides are thermally unstable compounds and undergo in exothermic decomposition to yield free radicals, which offer a variety of purposes in chemical industry and many other applications, such as sanitation.
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Some of the major players operating in the organic peroxide market are:
- United Initiators GmbH (Germany)
- Pergan (Germany)
- Arkema (France)
- Akzonobel N.V. (Netherlands)
- NOF Corporation (Japan)
- Jiangsu qiangsheng chemical co. LTD (China)
- MPI Chemie B.V. (Netherlands)
- AKPA KIMYA (Turkey)
- Ace Chemicals (India)
- Plasti Pigments Pvt. Ltd. (India)
- Novichem (Poland)
- R.T. Vanderbilt Holding Company, Inc. (U.S.)
- As-Ambalaj (Turkey)
- Kawaguchi Chemical Industry Co., LTD. (Japan)
- Wanhua (China)
Scope of the Organic Peroxide Market Report:
The organic peroxide market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Diacyl
- Ketone
- Percarbonates
- Dialkyl
- Hydroperoxides
- Peroxyketals
- Peroxyesters
Application
- Chemicals and Plastics
- Coatings
- Adhesives and Elastomers
- Paper and Textiles
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Organic Peroxide Market Regional Analysis/Insights
The Organic Peroxide market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Organic Peroxide market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Organic Peroxide within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Organic Peroxide market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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