Organic Peroxide Industry analysis research and trends report Organic Peroxide Market

Global Organic Peroxide Market 2019 By Industry
Growth & Regional Trend To 2025: Global Market
Insights Inc.
According to new Global Market Insights, Inc, chemical research report Organic
Peroxide Market size is rapidly growing during the forecast period owing to increasing
demand from the polymer industry across the globe. These are widely employed as
initiators in the process of polymerization to produce different types of polymers. The
growing demand for polymers across various industrial verticals is set to positively
contribute the growth of the organic peroxide market during the assessment period.
The product also finds its application in coatings, adhesives, paper, textile and rubber
industries among others. The growing penetration of these industries in the developing
regions across the globe is anticipated to substantially contribute to the growth of the
global market.
Growing research and development activities for high quality polymers development
along with propelling use of organic peroxide in skin treatment application shall further
boost the organic peroxide market growth throughout the review period. Additionally,
multi functionality of organic peroxides along with growing applications in food and
pharmaceutical industry is projected to create ample opportunities in the market during
the forecast period.
Plastics and rubber industries are the major revenue pockets for the global organic
peroxide market. These industries uses organic peroxides mainly as, activators, cross-
linking agents, accelerators, curing agents, hardeners, initiators, and promoters in the
manufacturing processes. However, stringent regulations relating to the use of organic
peroxides such as EU Regulation EC 1907/2006 (REACH) coupled with safety issues
regarding the handling of organic peroxides is projected to be the major restraining
factor during the given period (2019-2025).
In terms of product type, the global organic peroxide market has been segmented into
ketone peroxide, diacyl Peroxides, dialkyl peroxide, percarbonates, hydro peroxides,
peroxyesters and others. Among the segments, diacyl peroxide product segment was
the dominant segment in 2018 and is projected to exhibit the same trends during the
forecast period. Diacyl peroxides are widely accepted across various end use
industries as curing agents. These peroxides are extensively used in the
polymerization of styrene, in dental supplies, paints and in skin care. The escalating
demand for diacyl organic peroxides mainly from Asia Pacific and Latin America is set
to further surge the growth of the segment during the review period.
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