Benzoyl Peroxide Market Research Report offered by DecisionDatabases.com provides a detailed study on the industrial development of the market under the forecast period 2019-2025. The Global Benzoyl Peroxide Industry Report gives an elaborate information about the market size, share and analyzes the complete value chain the report also covers the market dynamics enriching business strategists with quality data about the Benzoyl Peroxide market.
This study categorizes the global Benzoyl Peroxide breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Benzoyl peroxide (BPO) is an organic compound in the peroxide family. It is white, granular, crystalline solid and it is tasteless and has faint odour of benzaldehyde. It is manufactured by using benzoyl chloride and hydrogen peroxide as basic raw material. It is mainly used as polymerization initiator or curing agents in the chemical and plastics industry.
Common commercially available benzoyl Peroxide contain over powder, paste and liquid with variety of content. But this report mainly covers the 50% benzoyl peroxide powder and 50% benzoyl peroxide paste, and the volume of benzoyl peroxide is calculated by these two products.
Most of the enterprises produce 50% benzoyl peroxide paste and only Akzo Nobel, United Initiators, Arkema and Chinasun Specialty Products produce 50% benzoyl peroxide powder. The production of benzoyl peroxide powder holds about 52.68% and 17.03% of total production Akzo Nobel and United Initiators, respectively in 2015.
It is mainly used as polymerization initiator or curing agents in the chemical and plastics industry. Benzoyl peroxide downstream is wide and recently benzoyl peroxide has acquired increasing significance in various chemical and plastics industry, building &construction, pharmaceuticals & cosmetics and others. Globally, the benzoyl peroxide market is mainly driven by growing demand for chemical and plastics industry, which accounts for nearly 62.48% of total downstream consumption of benzoyl peroxide in global.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, benzoyl peroxide production will show a trend of steady growth. In 2022 the production of benzoyl peroxide is estimated to be 12253 MT. On product prices, the slow downward trend in recent years will maintain in the future.
Global Benzoyl Peroxide market size will increase to 59 Million US$ by 2025, from 49 Million US$ in 2017, at a CAGR of 2.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Benzoyl Peroxide.
This report focuses on the top manufacturers' Benzoyl Peroxide capacity, production, value, price and market share of Benzoyl Peroxide in global market. The following manufacturers are covered in this report:
- Akzo Nobel
- United Initiators
- Arkema
- Chinasun Specialty Products
- Taizhou Yuanda
- Haixiang
- Hentai
- SACI
- Jain & Jain
- YUH TZONG
Benzoyl Peroxide Breakdown Data by Type
- 50% Benzoyl Peroxide Powder
- 50% Benzoyl Peroxide Paste
Benzoyl Peroxide Breakdown Data by Application
- Chemical and Plastics Industry
- Building and Construction
- Automotive and Transportation
- Others
Benzoyl Peroxide Production Breakdown Data by Region
- United States
- Europe
- China
- Japan
- Other Regions
Benzoyl Peroxide Consumption Breakdown Data by Region
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Malaysia
- Philippines
- Thailand
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Rest of Europe
- Central & South America
- Brazil
- Rest of South America
- Middle East & Africa
- GCC Countries
- Turkey
- Egypt
- South Africa
- Rest of Middle East & Africa
The study objectives are:
- To analyze and research the global Benzoyl Peroxide capacity, production, value, consumption, status and forecast;
- To focus on the key Benzoyl Peroxide manufacturers and study the capacity, production, value, market share and development plans in next few years.
- To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.