DUBLIN--(BUSINESS WIRE)--The "Organic Peroxide Market by Type (Diacyl, Ketone, Percarbonates, Dialkyl, Hydroperoxides, Peroxyketals, Peroxyesters), Application (Chemicals & Plastics, Coatings, Adhesives & Elastomers, Paper & Textiles), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The global organic peroxide market is estimated at USD 902.4 Million in 2017 and is expected to reach USD 1,069.1 Million by 2022, at a CAGR of 3.4% from 2017 to 2022. The growth of the organic peroxide market is driven by the increasing demand for organic peroxide from various end-use industries, such as construction, automotive, composites, and electrical & electronics.
By type, the diacyl peroxide type segment is projected to be the largest type segment of the organic peroxide market during the forecast period.
By application, the chemicals & plastics segment is estimated to be the largest application segment of the organic peroxide market in 2017.
Key Player Analysis
Companies have adopted strategies such as mergers & acquisitions, expansions, and joint ventures to enhance their market shares and widen their distribution networks in the organic peroxide market. Companies such as Akzo Nobel N.V., Arkema, United Initiators, and Pergan GmbH adopted these strategies.
For instance, Akzo Nobel N.V., in May 2017, planned to increase its organic peroxide capacity at its polymer chemistry production facility in Los Reyes, Mexico. The expansion will increase the company's peroxyester production capacity by 40%. With this expansion, the company aims to serve the increasing demand from its customers in the polymer industry.
Arkema announced the construction of a new organic peroxide plant at Changshu site, China. This expansion doubled the production capacity at the site. The expansion was aimed at catering to the high demand for organic peroxides in Asia.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Organic Peroxide Market, By Type
7 Organic Peroxide Market, By Application
8 Organic Peroxide Market, By Region
9 Competitive Landscape
10 Company Profiles
- Ace Chemical Corp.
- AkzoNobel N.V.
- Chinasun Speciality Chemicals Co. Ltd.
- Dongying Haijing Chemical Co. Ltd.
- Jiangsu Yuanyang Pharmaceutical Co. Ltd.
- Kawaguchi Chemical Co. Ltd.
- Lanzhou Auxiliary Agent Plant
- MPI Chemie B.V.
- NOF Corporation
- Pergan Gmbh
- Plasti Pigments Pvt. Ltd.
- Shaoxing Shangyu Shaofeng Chemical Co. Ltd
- Suzhou Hualun Chemical Co. Ltd.
- United Initiators
- Vanderbilt Chemicals, LLC
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