Organic Peroxide Market Demand, Growth, Business Challenges and Future Opportunities 2034
Organic Peroxide Market Growth, Size, Trends Analysis - By Product, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Apr-2025 | Report ID: CHEM2525 | Pages: 1 - 272 | Formats*: |
| Category : Chemical & Materials | |||
Organic Peroxide Market Introduction and Overview
According to SPER Market Research, the Global Organic Peroxide Market is estimated to reach USD 3.79 billion by 2034 with a CAGR of 4.16%.
The report includes an in-depth analysis of the Global Organic Peroxide Market, including market size and trends, product mix, Applications, and supplier analysis.
The global organic peroxide market was valued at USD 2.52 billion in 2024 and is projected to grow at a rate of over 4.16% from 2025 to 2034. The automotive and construction sectors will significantly benefit from the rising use of organic peroxides, which improve the strength, flexibility, and durability of many products. Organic bonding agents notably affect rubber parts like tires, hoses, seals, and gaskets. They also help restore rubber materials, making them more resilient to mechanical stress and temperature changes. The demand for polymer technology and effective material solutions will further boost the need for organic peroxides.
By Product Insights: In 2024, benzoyl peroxide held the largest share of the global organic peroxide market by volume. It is used as both a medication and an industrial chemical. Medically, it is used to treat moderate to mild acne. Other uses include flour bleaching, hair bleaching, teeth whitening, and textile bleaching. Industrially, it is involved in the manufacturing of polystyrene, reinforced plastics, and SBR latex. The global demand for ketone peroxide is expected to grow significantly in volume. This is driven by the rising need for fiberglass in marine craft production, replacing wood and steel, and increased automotive demand in emerging economies. The aviation sector's growth due to low-cost fares is also expected to boost fiberglass consumption.
By Application Insights: The textile sector had the largest market share in 2024, leading global demand in volume. The rising need for readymade clothing among the growing middle class, influenced by western fashion trends and brand preferences, is likely to boost the demand for organic peroxide in the next few years. Additionally, changes in interior design are expected to increase the need for carpets and curtains.
Regional Insights: In terms of value, Asia-Pacific had the highest share in 2024, followed by North America and Europe. Asia Pacific is a major polymer manufacturing hub, producing polyethylene, polypropylene, and rubber. Organic peroxides have an important function as initiators in polymer manufacturing, which increases demand. Throughout the forecast period, China is expected to be the world's fastest-growing market.
Market Competitive Landscape
Key global players in the organic peroxides market include Arkema, Chinasun Specialty Products, Jiangsu Yuanyang Pharmaceutical, NOF Corporation, and Nouryon. Arkema operates in specialty chemicals and advanced materials, providing a variety of organic peroxides for polymerization. Chinasun focuses on organic peroxide synthesis, especially for the rubber and plastics industries, enhancing performance in rubber production's cross-link processes. Jiangsu Yuanyang Pharmaceutical specializes in organic peroxides for polymer synthesis and curing. NOF Corporation offers a diverse range of chemicals, including organic peroxides used in various industrial applications such as polymerization and resin curing.
Recent Developments:
- In April 2023, Nouryon Chemical Holding B.V. announced an investment in its facility in Ningbo, China, to significantly increase the capacity of organic peroxides.
- Arkema SA stated in September 2023 that its organic peroxide manufacturing capacity at its Changshu plant in China would be increased by two and a half times.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Product, By Application. |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
| Companies Covered | Arkema, Chinasun Specialty Products, Jiangsu Yuanyang Pharmaceutical, NOF Corporation, Nouryon, NOVICHEM, Pergan, Solvay, Suzhou Hualun Chemical, United Initiators, Zibo Zhenghua Auxiliary. |
Key Topics Covered in the Report
- Global Organic Peroxide Market Size (FY’2021-FY’2034)
- Overview of Global Organic Peroxide Market
- Segmentation of Global Organic Peroxide Market By Product (Diacetyl Peroxide, Ketone Peroxide, Benzoyl Peroxide)
- Segmentation of Global Organic Peroxide Market By Application (Polymers, Textile, Personal care, Paper & pulp, Detergent)
- Statistical Snap of Global Organic Peroxide Market
- Expansion Analysis of Global Organic Peroxide Market
- Problems and Obstacles in Global Organic Peroxide Market
- Competitive Landscape in the Global Organic Peroxide Market
- Details on Current Investment in Global Organic Peroxide Market
- Competitive Analysis of Global Organic Peroxide Market
- Prominent Players in the Global Organic Peroxide Market
- SWOT Analysis of Global Organic Peroxide Market
- Global Organic Peroxide Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPERs internal database2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Organic Peroxide Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Organic Peroxide Market
7. Global Organic Peroxide Market, By Product (USD Million) 2021-2034
7.1. Diacetyl Peroxide7.2. Ketone Peroxide7.3. Benzoyl Peroxide
8. Global Organic Peroxide Market, By Application (USD Million) 2021-2034
8.1. Polymers8.2. Textile8.3. Personal care8.4. Paper & pulp8.5. Detergent
9. Global Organic Peroxide Market, (USD Million) 2021-2034
9.1. Global Organic Peroxide Market Size and Market Share
10. Global Organic Peroxide Market, By Region, (USD Million) 2021-2034
10.1. Asia-Pacific
10.1.1. Australia10.1.2. China10.1.3. India10.1.4. Japan10.1.5. South Korea10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France10.2.2. Germany10.2.3. Italy10.2.4. Spain10.2.5. United Kingdom10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia10.3.2. United Arab Emirates10.3.3. Qatar10.3.4. South Africa10.3.5. Egypt10.3.6. Morocco10.3.7. Nigeria10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada10.4.2. Mexico10.4.3. United States
10.5. Latin America
10.5.1. Argentina10.5.2. Brazil10.5.3. Rest of Latin America
11. Company Profile
11.1. Arkema
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. Chinasun Specialty Products
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. Jiangsu Yuanyang Pharmaceutical
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. NOF Corporation
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Nouryon
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. NOVICHEM
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Pergan
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. Solvay
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. Suzhou Hualun Chemical
11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments
11.10. United Initiators
11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Organic Peroxide Market is projected to reach USD 3.79 billion by 2034, growing at a CAGR of 4.16% during the forecast period.
Organic Peroxide Market grew in Market size from 2025. The Market is expected to reach USD 3.79 billion by 2034, at a CAGR of 4.16% during the forecast period.
Organic Peroxide Market CAGR of 4.16% during the forecast period.
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Organic Peroxide Market size is USD 3.79 billion from 2025 to 2034.
Organic Peroxide Market is covered By Product, By Function, By Application, By End-User.
The North America is anticipated to have the highest Market share in the Organic Peroxide Market.
The key players in the Market include Companies Covered Arkema, Chinasun Specialty Products, Jiangsu Yuanyang Pharmaceutical, NOF Corporation, Nouryon, NOVICHEM, Pergan, Solvay, Suzhou Hualun Chemical, United Initiators, Zibo Zhenghua Auxiliary.
The automotive and construction sectors will significantly benefit from the rising use of organic peroxides, which improve the strength, flexibility, and durability of many products. Organic bonding agents notably affect rubber parts like tires, hoses, seals, and gaskets. They also help restore rubber materials, making them more resilient to mechanical stress and temperature changes.
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