Organic Peroxides Market, Demand, Production Capacity, Volume and Value Range

Organic Peroxides Market Overview:

Organic peroxides are highly reactive chemicals used in various industrial processes such as polymer synthesis, rubber manufacturing, and chemical processing. However, their instability and potential for explosive decomposition make them subject to strict safety regulations and handling guidelines. Common types of organic peroxide include Diacyl peroxides, Ketone peroxides, Peroxyesters, Percarbonates, Dialkyl peroxides, Hydro-peroxides, and others.

Organic peroxides find widespread use in plastics manufacturing, elastomers, and polymers, serving as cross-linking agents for rubbers and improving their mechanical and physical properties, temperature resistance, and reducing discoloration. They also modify polymers like polypropylene, making them more mouldable and suitable for producing items like caps for food and cosmetic jars. With an increase in global rubber production, particularly synthetic rubber, the demand for organic peroxides is expected to grow, particularly in polymerization applications.

Organic Peroxides Demand Analysis:

The increasing demand for polymers is one of the major factors driving the growth of the organic peroxide industry. Polymers are one of the most popular application of organic peroxides. Organic peroxides are well suited for the synthesis of polymer resins and are used as curing agents as they provide benefits such as the generation of more polymer chains with a lower molecular weight. This is aiding the growth of the overall organic peroxide industry. The market is also being supported by the growing packaging and construction industry as it significantly contributes to the demand for organic peroxide.

Percarbonates are among the most extensively manufactured organic peroxides globally, with major production taking place in countries such as the USA, Turkey, China, Germany, and Bulgaria. The leading exporters of percarbonates are the USA and Turkey, which together account for more than 50% of the worldwide exports. The primary destinations for these exports are India, Brazil, Germany, Netherlands, Indonesia, and Thailand.

Organic Peroxides Demand Analysis:

Several multinational corporations specialize in the manufacturing and distribution of organic peroxides worldwide. Nouryon, AkzoNobel, Arkema, United Initiators, Pergan, NOF Corporation, and Dongsung Corp are among the corporations that operate in this industry.

AkzoNobel, a Dutch-based corporation, produces and distributes organic peroxides that are used in the production of polymers, plastics, and other materials. To cater to the increasing demand for organic peroxides in the North American polyvinyl chloride (PVC) market, Nouryon has recently expanded the capacity for emulsion-based organic peroxides at its Los Reyes facility in Mexico by over 100%.

Arkema is another multinational corporation that produces organic peroxides utilized in various industries, such as automotive, construction, and electronics. The company has twelve production plants and offers a range of organic peroxides under its brand names, including Luperox, Vul-Cup® R, and Di-Cup® R. Recently, Arkema restructured its distribution channel for organic peroxides in the European rubber and plastic market by incorporating three new partners for distribution.

Recent Development in Organic Peroxides Industry:

Researchers have developed novel and environmentally friendly methods for synthesizing organic peroxides that are more efficient and safe than traditional approaches. A recent study used a continuous flow reactor to synthesize benzoyl peroxide, resulting in increased yields and reduced reaction times.

To address the instability and potential hazards associated with organic peroxides, researchers have worked on developing more stable and safer formulations. One recent study introduced a new category of polymeric organic peroxides that exhibit enhanced stability and reduced likelihood of explosions.

Organic peroxides are being employed in novel applications such as medicine and electronics. For instance, a recent study explored their use as photoresists in the production of microelectronic devices.

Proper disposal of organic peroxides is a significant challenge due to their potential hazards. Consequently, researchers have been investigating alternative methods for recycling and waste management. A recent study explored the use of microorganisms for degrading organic peroxides, potentially providing a more sustainable means of disposal.

Overall, these developments in organic peroxides are helping to improve their efficiency, safety, and sustainability, and are opening up new opportunities for their use in various industries.

Announced Investment in Organic Peroxides Market:

In November 2024, Nouryon a leading organic peroxide producer has completed a capacity expansion at its facility in Ningbo, China, doubling production to 6 kilo tons tons for its organic peroxide products

In November 2023, Dongsung Chemical announced to invest around $10 million to enhance production capacity of organic peroxide at its facility in Yeosu, South Koreato cater growing demand of organic peroxides—essential for plastics and rubber manufacturing. The company aims to increase capacity by 4 kilo tons by end of 2024, with a projected 36% boost in production efficiency. By 2027, the company is aiming for a fivefold increase in its market share for organic peroxide production, in response to rising organic peroxide demand driven by strong growth in the polymer market, where these are commonly used as polymerization initiators.

In Novermber 2023, Arkema invested around  €50 million  to increase it organic peroxide production capacity in ChangshuChina by 2.5-fold to better support its Asia Pacific customers in rapidly expanding end use industries, especially in renewable energy markets.

Scope of Report 

The Organic Peroxides report describes the global Organic Peroxides market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by  Types and Applications
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Organic Peroxides Market data in terms of volume and value for each end-use 
   at regional and country level
•  Organic Peroxides Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Types 
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2020
          -  Base - 2021
          -  Forecast Period - 2022 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance      
      • Personal Care
      • Textile
      • Pulp & Paper
      • Chemical
      • Others 
5.  Introduction to Organic Peroxides and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
6.  Market Dynamics and Industry Trends 
      •  Market Dynamics and COVID-19 Impact
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
7.  Global Organic Peroxides Demand Analysis, By Types, By Applications (Volume, Value) (2016–2032) 
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016 – 2032)
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Organic Peroxides Market, By Types
          Diacyl Peroxides
          Ketone Peroxides
          Peroxyesters
          Percarbonates
          Dialkyl Peroxides
          Peroxy Ketals
          Hydro-Peroxides
          Others
      •  Global Organic Peroxides Market, By Applications
          Polymer
          Textile
          Paper & Pulp
          Detergents
          Personal Care
          Others
8.  Demand Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016-2032)
      •  Demand Growth Rate (%)
      •  Organic Peroxides Market, By Types
      •  Organic Peroxides Market, By Applications
Note: Demand Analysis has been provided for all major Regions / Countries as mentioned below. The demand(consumption) split by types and applications has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  ASEAN
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the types and applications to arrive at the regional/global demand growth for the forecast period (2022 – 2032)
9.  Pricing Analysis
10.  Key Strategic Issues and Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
11.  Strategic Recommendation & Suggestions
12.  Company Analysis and Market Share Analysis
      •  Organic Peroxides Manufacturers Profiles/ Company Analysis
         -  Basic Details
         -  Headquarter, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Key Business Strategies adopted and Prismane Consulting Overview
         -  Recent Developments
         -  Companies Covered
             - AkzoNobel
             - Arkema
             - United Initiators
             - Pergan
             - NOF Corporation
             - Dongsung Corp.
             - Iranperoxide
             - Atofina Chemicals
             - Novichem
             - Akpa Kimya Ambalaj Sanayi Ticaret Ltd.
             - Lianyungang Hualun Chemical
             - Dongying Haijing Chemical
             - ACE Chemical Corp.
             - Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
13.  Appendices
      •  Demand- Regions
      •  Demand– Countries

Scope of Report 

The Organic Peroxides report describes the global Organic Peroxides market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by  Types and Applications
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Organic Peroxides Market data in terms of volume and value for each end-use 
   at regional and country level
•  Organic Peroxides Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment