Global Dicumyl Peroxide Market, By Grade (Low Purity Grade (
Market Analysis and Insights : Global Dicumyl Peroxide Market
Dicumyl peroxide market will reach an estimated valuation of USD 304.75 million by 2028, while registering this growth at a rate of 6.10% for the forecast period of 2021 to 2028. Dicumyl peroxide market report analyses the growth, which is currently being growing due to the increasing production of the automotive products.
Dicumyl peroxide is a member of the aromatic organic peroxide family which is a powder coloured white or light yellow that is insoluble in water while synthesised with cumyl hydroperoxide and cumyl alcohol or methyl cumyl ether reactions. Dicumyl peroxide is soluble and sublimable in the presence of vacuum in organic solvents. The product is mainly used in the manufacturing process of elastomers, polymers and found various applications in polymer and rubber industry.
The growing usages of the product as cross linking agent polyethylene, silicone, acrylic, ethyl vinyl acetate resins as well as ethyl vinyl acetate foam sheets, shoe soles and polyethylene foams, increasing number of applications from footwear industry, growing energy concern and stringent norms regarding insulation standards advancement of polymer science along with the growth plastic and polymer industry are some of the major as well as important factors which will likely to accelerate the growth of the dicumyl peroxide market in the projected timeframe of 2021-2028. On the other hand, surging levels of investment in the renewable source of energy along with increasing applications in insulating high voltage cables which will further contribute by generating immense opportunities that will led to the growth of the dicumyl peroxide market in the above mentioned projected timeframe.
Volatility in the prices of raw material along with stringent government regulations and policies which will likely to act as market restraints factor for the growth of the dicumyl peroxide in the projected timeframe mentioned above. Toxic and inflammable nature of the product which will become the biggest and foremost challenge for the growth of the market.
This dicumyl peroxide market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on dicumyl peroxide market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Dicumyl Peroxide Market Scope and Market Size
Dicumyl peroxide market is segmented on the basis of grade, function, end-use industry, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of grade, the dicumyl peroxide market is segmented into low purity grade (<40%), moderate purity grade (40%-60%), high purity grade (<60%), and ultra-high purity grade (≤99%).
- Based on function, the dicumyl peroxide market is segmented into cross linking agent, polymerization initiator, curing agent, and flame retardant.
- On the basis of end-use industry, the dicumyl peroxide market is segmented into paint and coating industry, adhesive industry, chemical industry, plastic industry, and others.
- Dicumyl peroxide market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for dicumyl peroxide market includes polyethylene, ethyl vinyl acetate, silicone resins; ethyl vinyl acetate foam sheet; acrylic, up resins; and cable insulation materials.
Dicumyl Peroxide Market Country Level Analysis
Dicumyl peroxide market is analysed and market size, volume information is provided by country, grade, function, end-use industry, and application as referenced above.
The countries covered in the dicumyl peroxide market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the dicumyl peroxide market due to the increasing levels of disposable income of the people, rapid industrialization along with increasing automotive production in the region. North America, and Europe region will expect to hold the largest growth rate due to the prevalence of various market players, rising number of stringent government regulation in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Dicumyl Peroxide Market Share Analysis
Dicumyl peroxide market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to dicumyl peroxide market.
The major players covered in the dicumyl peroxide market report are Arkema; DONGSUNG HOLDINGS.; PERGAN Hilfsstoffe für industrielle Prozesse GmbH; Sundow Polymers Co., Ltd; Greenchemicals SpA; Monomer-Polymer & Dajac Labs; China Petrochemical Corporation.; MP BIOMEDICALS.; ACE CHEMICAL CORP.; Akzo Nobel N.V.; Evonik Industries AG; Hanhong Group; Lanzhou Auxiliary Agent Plant Co., Ltd; DPL; Year Fortune Corp. Ltd; Bhavik Enterprise.; A. B. Enterprises.; Kesaria Rubber Industries Pvt. Ltd; Lab Line Enterprises; Green Chemicals; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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