The global organic peroxide market is anticipated to grow at a CAGR of 4.3% during the forecast period. 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.
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.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
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.
Organic Peroxide Market Report by Segment
By Product
- Ketone Peroxide
- Diacyl Peroxides
- Dialkyl Peroxide
- Percarbonates
- Hydro Peroxides
- Peroxyesters
By Application
- Polymer
- Coatings & Adhesives
- Paper & Textiles
- Cosmetics
- Rubber
- Healthcare
- Others
A full Report of Organic Peroxide Market is Available @ https://www.omrglobal.com/industry-reports/organic-peroxide-market
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.
Reasons to buy from us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/organic-peroxide-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
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Contact Person: Mr. Anurag Tiwari
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Article source: https://article-realm.com/article/Business/59486-Organic-Peroxide-Market-to-Signify-Strong-Growth-by-2024-2031.html
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