Research and Markets: Organic Peroxide (Diacyl Peroxides, Ketone Peroxides, Peroxyesters, Percarbonates, Dialkyl Peroxides, Peroxy Ketals, Hydro-Peroxides) Market 2015 – Global Industry Trends & Forecasts to 2020
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/4k9ss9/organic_peroxide) has announced the addition of the “Organic Peroxide Market by Type, Applications & Geography – Global Industry Trends & Forecasts to 2020” report to their offering.
The global organic peroxide market is witnessing growth on account of increasing applications, technological advancements, and rapidly growing demand in the Asia-Pacific region. Organic peroxides are the most commonly used chemicals in various industries, which have significantly growing over the last decade. Functions such as accelerator, initiator, cross-linking agent, hardeners, activator, and curing and vulcanization agent make organic peroxides versatile chemicals used in polymer chemistry. It is also used as bleaching and disinfecting agent. Organic peroxides are commonly used as important ingredients in explosives. The increasing usage of organic peroxides as initiator and cross-linking agent in polymer applications are expected to lead the market towards product innovation and material development.
Globally, North America accounted for the largest share of the organic peroxide market in 2014, followed by Asia-Pacific and Europe. U.S. was the single largest market globally and accounted for more than 86% of the regional demand in 2014 whereas India is expected to register a higher growth rate in Asia-Pacific. China and other Asia-Pacific countries, such as India and Japan have also accounted for a significant share of market.
New product launch and mergers & acquisitions are the key strategies on which market players are concentrating on. Companies operating in the organic peroxide market are also focusing on capacity expansions and agreements to tap the opportunities in applications, such as chemical & plastic, coating adhesives & elastomers, paper & textiles, detergents, personal care and others.
Key participants in the global organic peroxide market include The leading producers of organic peroxides are AkzoNobel NV (The Netherlands) , Arkema SA (France), Solvay SA (Belgium), MPI Chemie BV (The Netherlands), United Initiators (Germany), Pergan GmbH (Germany), Novichem (Poland), Vanderbilt Chemicals, LLC (U.S.), Apka Kimya Ambalaj Sanayi Ticaret Ltd (Istanbul), Suzhou Hualun Chemical Company Ltd. (China)
The report analyzes the market on the basis of market reach of each application in each major region and country. It also covers the market behavior of leading producers, key developments, and strategies implemented to sustain in this market.
For more information visit http://www.researchandmarkets.com/research/4k9ss9/organic_peroxide
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