Organic Peroxide Market to Witness Growth Acceleration by 2028

The global organic peroxide market is anticipated to grow at a CAGR of 4.3% during the forecast period (2022-2028).  The increasing use of organic peroxide as a catalyst in different industries such as packaging, personal care and detergent will further boost the market growth during the forecast period. Hydrogen peroxide has multiple uses, owing to its beneficial properties as a strong oxidizing or bleaching agent. Hydrogen peroxide is utilized in the production of glycerin, plasticizers, bleaching agents, pharmaceuticals, cosmetics, drying agents for fats, oils and waxes, and amine oxides for home dishwashing detergents.

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Hydrogen peroxide is also useful for metal etching and oxidizing in the electronics industry and for treating metal surfaces. In addition, hydrogen peroxide is a sterilizing agent in the food industry and a source of oxygen in respiratory protective equipment. According to The Observatory of Economic Complexity (OEC), in 2020 the top exporters of Soap were China ($1.15B billion), Germany ($672 million), Indonesia ($652 million), United States ($508 million), and Malaysia ($504 million. This shows the increasing trend for personal care products and thereby driving the demand for organic peroxide.

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028

Segment Covered- 

By Product
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- AkzoNobel NV, Arkema Group, United Initiators GmbH, NOF CORP., and Pergan GmbH.

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Organic Peroxide Market Report by Segment

By Product

Diacyl Peroxides
Dialkyl Peroxide
Percarbonates
Hydro Peroxides
Peroxyesters

By Application

Polymer
Coatings & Adhesives
Paper & Textiles
Cosmetics
Rubber
Healthcare
Others

Organic Peroxide Market Report by Region

North America                                                                                                                                                                            

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa

Company Profiles 

ACE Chemical Corp.
AKPA Chemical
Chinasun Specialty Products Co., Ltd.
Kawaguchi Chemical Industry Co., Ltd.
Lianyungang Hualun Chemical Co., Ltd.
MPI Chemie B.V.
Nouryon Chemicals Holding B.V.
NOVICHEM Sp. z o.o.
Plasti Pigments Pvt. Ltd.
Suzhou Hualun Chemcal Co.,Ltd.

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