The global organic peroxide market in terms of revenue was estimated to be worth $xx million in 2017 and is expected to reach $xx million by 2025, growing at a CAGR of xx% from 2017 to 2025. Organic peroxides are chemical compounds having peroxide as there functional group. They are free radical producing compound as their O-O bond breaks easily and are very good oxidising agent. They are also very useful in initiating polymerisation reaction such as the epoxy resins used in glass-reinforced plastics via free radical mechanism. Since peroxides are strong oxidising agent they have very wide range of application. Also, peroxides must be handled properly as they can turn into an explosive because of its oxidising nature.
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The di-acyl peroxide type is the largest segment of the organic peroxide market. Di-acyl peroxide is used as a free radical initiator in the polymerization process and also for polymerization of PVC. It also acts as an initiator for vinyl monomer polymerization. Organic peroxides is used as a hardening agent for thermoset resins and for cross-linking of thermoplastics and elastomers. Peroxides are chemically unstable and can easily decompose, releasing heat at high temperatures. The vapours released by peroxides are flammable. Due to these properties, organic peroxides are transported in smaller quantities.
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North America dominates the global organic peroxide market, accounting for major share in overall consumption and production followed by Asia Pacific and Europe. The developing countries in Asia Pacific are expected to show lucrative growth rate, owing to increase in growth of the overall economy mainly India and China. Moreover, rise in investments by key manufacturers is another key aspect that fuels the market growth.
Key players identified in the organic peroxide market include
Akzo Nobel N.V.
Arkema, United Initiators
Pergan Gmbh
NOF Corporation
Novichem, Chinasun Speciality Chemicals Co., Ltd.
MPI Chemie B.V.
AKPA
Vanderbilt Chemicals
LLC.
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Table of content
EXECUTIVE SUMMARY
DEMOGRAPHIC OVERVIEW
RESEARCH METHODOLOGY
PREMIUM INSIGHTS
MARKET OVERVIEW
MARKET FACTOR ANALYSIS
GLOBAL ORGANIC PEROXIDES MARKET BY DESIGN TYPE
GLOBAL ORGANIC PEROXIDES MARKET BY DEVICE TYPE
GLOBAL ORGANIC PEROXIDES MARKET BY APPLICATION
GLOBAL ORGANIC PEROXIDES MARKET BY REGION
MARKET TRENDS & COMPETITIVE ANALYSIS
COMPANY PROFILES
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