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Organic Peroxide Market Trends

Report ID: GMI3692
Published Date: Nov 2024
Report Format: PDF

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Organic Peroxide Market Trends

The organic peroxide industry is growing due to several key trends. The rubber and plastics sectors are driving demand as they use these compounds to improve material properties through cross-linking and polymerization. The automotive industry also boosts market growth by needing high-performance, durable rubber products for tires, hoses, and seals. Environmental concerns are pushing the development of eco-friendly and high-purity organic peroxides to meet strict regulations. Advances in polymer processing technologies and a move towards lightweight, efficient materials are further expanding the market. The Asia-Pacific region is experiencing significant growth due to rising industrialization and infrastructure development.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for organic peroxide was valued at USD 2.3 billion in 2024 and is estimated to reach USD 3.4 billion by 2034, driven by a CAGR of over 3.9% from 2025 to 2034.

The organic peroxide industry from diacyl peroxides segment was valued at USD 768.6 million in 2024 and is anticipated to grow at a CAGR of 4.1% from 2025 to 2034, driven by their versatility and effectiveness as polymerization initiators.

The U.S. market was valued at USD 436.2 million in 2024 and is expected to grow at a CAGR of 3.9%, driven by robust demand from the plastics, automotive, and construction industries.

Major players in the industry include Arkema, Chinasun Specialty Products, Jiangsu Yuanyang Pharmaceutical, NOF Corporation, Nouryon, NOVICHEM, Pergan, Solvay, Suzhou Hualun Chemical, United Initiators, and Zibo Zhenghua Auxiliary.