Organic Peroxide Market Research report information: by type (ketone peroxide, diacetyl peroxide, percarbonates, peroxy ketals, and others), application (paper & textiles, detergents, plastics & rubber, coatings & adhesives, personal care, and others) region – Forecast till 2023
Competitive Analysis:
The major players operating in the organic peroxide market are United Initiators (U.S.), Pergan GmbH (Germany), Arkema S.A. (France), Akzonobel N.V.(the Netherland), NOF Corporation (Japan), Chinasun Speciality Chemicals Co., Ltd. (China), MPI Chemie B.V. (the Netherland), Akpa (Turkey), Vanderbilt Chemicals, LLC (U.S.), ACE Chemical corp (Taiwan), Plasti Pigments Pvt. Ltd. (India) among others.
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Organic Peroxide Market Definition:
As per our analysis, some of the important market factors and trends identified in the global organic peroxides market include rapid industrialization, increasing demand for high-quality plastics & rubber, expansion of paper & textile industry. Furthermore, rising application of organic peroxide in coatings along with increasing automotive production and sales is estimated to fuel the demand for organic peroxide over the estimated period. Increasing building & construction activities along with rising adhesive usage derived from organic peroxide are expected to propel the growth of the market over the estimated period during 2017-2023.
Market Segmentation:
The global organic peroxide market is furthermore on the basis of type, application, and region. On the basis of the type, the market is further classified into ketone peroxide, diacetyl peroxide, percarbonates, peroxy ketals, and others. Other type includes peroxyesters, dialkyl peroxides, and hydroperoxides. Among them, diacetyl peroxide is estimated to grow at the highest CAGR on account of their wide use in plastics and elastomer. Moreover, it is used as a free radical initiator in the polymerization of PVC, which is further used in the manufacturing of consumer goods and household appliances. Increasing disposable income along with rising consumer goods demand is expected to fuel the market growth. On the basis of the application, the market is segmented into paper & textiles, detergents, plastics & rubber, coatings & adhesives, personal care, and others. Among these, plastics & rubber application segment holds the largest market share in 2016 and is estimated to register a significant growth due to their high end uses in the automotive, building & construction, and electronics industry.
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Regional Analysis:
The Asia Pacific is estimated to dominate the organic peroxide market followed by North America and Europe owing to rising demand from plastics & rubber, personal care, and coatings & adhesives. China, India, Japan, Malaysia, Thailand, and South Korea are expected to register a healthy growth in the organic peroxide market in the regional market growth. Some of the prominent factors in the regional market growth are rising population, competitive manufacturing cost, ease in availability of raw material, and growing number of working professional. North America organic peroxide market is expected to witness a moderate growth as the U.S. is predicted to hold the largest regional market share due to rising the pharmaceutical & textile industry. Developing countries of Europe and Latin America are estimated to register above-average growth due to rising automotive manufacturing base.
Intended Audiences:
Organic Peroxide manufacturers
Traders and Distributors of organic peroxide
Production Process Industries
Potential Investors
Raw Material Suppliers
Nationalized Laboratory
Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Organic Peroxide Market
5 Industry Overview Of Global Organic Peroxide Market
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