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Global Benzoyl Peroxide Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application

Published Date: 2019-04-13   |   Pages: 132   |   Tables: 165   | Report Id: 1088102   | Hits: 24 |   Chemical & Material



Summary

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.

The global Benzoyl Peroxide market was 49 million US$ in 2018 and is expected to 59 million US$ by the end of 2025, growing at a CAGR of 2.2% between 2019 and 2025.

This report studies the Benzoyl Peroxide market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Benzoyl Peroxide in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Akzo Nobel

United Initiators

Arkema

Chinasun Specialty Products

Taizhou Yuanda

Haixiang

Hentai

SACI

Jain & Jain

YUH TZONG

By the product type, the market is primarily split into

50% Benzoyl Peroxide Powder

50% Benzoyl Peroxide Paste

By the end users/application, this report covers the following segments

Chemical and Plastics Industry

Building and Construction

Automotive and Transportation

Others

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

Rest of Middle East & Africa

The study objectives of this report are:

To study and analyze the global Benzoyl Peroxide market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.

To understand the structure of Benzoyl Peroxide market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global Benzoyl Peroxide manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Benzoyl Peroxide with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of Benzoyl Peroxide submarkets, with respect to key regions (along with their respective key countries).

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.

In this study, the years considered to estimate the market size of Benzoyl Peroxide are as follows:

History Year: 2014-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million USD) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Benzoyl Peroxide market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Raw material suppliers

Distributors/traders/wholesalers/suppliers

Regulatory bodies, including government agencies and NGO

Commercial research & development (R&D) institutions

Importers and exporters

Government organizations, research organizations, and consulting firms

Trade associations and industry bodies

End-use industries

Available Customizations

With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:

Further breakdown of Benzoyl Peroxide market on basis of the key contributing countries.

Detailed analysis and profiling of additional market players.

Licenses Type

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Multiple users can access the report

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