Organic Peroxide Industry analysis research and trends report Organic Peroxide Market | Page 2

In terms of end user industry, the global organic peroxide market has been segmented
into polymer, coatings & adhesives, paper & textile, cosmetics, rubber, healthcare and
others. Among the industries polymer, paper & textile and coatings are the dominant
segments and is anticipated to generate substantial revenue during the forecast
period. The growing demand for ready-made clothing along with the rising penetration
of polymers in wide range of industrial sector is projected to generate substantial
revenue gains during the forecast period. Additionally, the growing constructional
spending coupled with the increasing automobile sales has resulted in a surge in the
demand for coatings in turn positively contributing to the growth of the global market.
Asia Pacific is estimated to grow at a significant CAGR in the organic peroxide market
during the forecast period. The rising disposable income in the region has augmented
the demand for personal care and textile among others in turn adding to the revenue
of the global organic peroxide market. Moreover, the growing construction activities in
the region has resulted in penetration of paints and coatings consequently resulting in
the growth of the market in the region. North America and Europe are other major
region attributing to the growth of the market. The growing demand for the product in
paints and coatings application is the major factor attributing to the market growth.
Some of the key market players in this market include Akzo Nobel N.V., solvay,
Arkema, United Initiators, NOF Corporation, Pergan GmbH, Chinasun Specialty
Chemicals, Novichem, MPI Chemie, Akpa Kimya Ambalaj Sanayi Ticaret Ltd., and
Vanderbilts Chemicals LLC among others.
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