This Dicumyl Peroxide market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Dicumyl Peroxide market.
Dicumyl Peroxide Market: Introduction
Dicumyl peroxide belongs to the family of aromatic organic peroxides. Dicumyl peroxide is whitish or pale yellow coloured powder, which is insoluble in water. Dicumyl peroxide is generally synthesized by the reaction of cumyl hydroperoxide and cumyl alcohol or with methyl cumyl ether. Dicumyl peroxide is soluble in organic solvents and is sublimable in the presence of vacuum. Dicumyl peroxide is mainly used in the manufacturing process of elastomers and polymers. Dicumly peroxide has found various applications in polymer and rubber industry. Dicumyl peroxide is primarily used as cross linking agent polyethylene, silicone, acrylic, ethyl vinyl acetate resins as well as ethyl vinyl acetate foam sheets, shoe soles and polyethylene foams. Dicumyl peroxide is also used as an initiator for polymerization reaction in rubber industry, mainly for styrene polymerization. Dicumyl peroxide has also found its role as a curing agent and flame retardant in the field of plastic and polymers. Dicumyl peroxide is also used in the manufacturing of rubber seals, tires and hoses. Sometimes dicumyl peroxide is also used as a vulcanizing agent. Due to its toxic nature cumyl peroxide is categorized as a hazardous chemical by different governmental and non-governmental organizations.
Dicumyl Peroxide Market: Dynamics
Rising automotive production and expanding automotive fleet size has increased the requirement of tires. The increasing tire production is thus anticipated have positive impact on the dicumyl peroxide market. A significant chunk of dicumyl peroxide consumption is expected to finds its place in the footwear industry thus augmenting the demand of dicumyl peroxide in a significant fashion. The rising energy concerns and stringent norms regarding insulation standards will drive the demand for wires and cable insulation, which in turn will boost the demand for dicumyl peroxide further. The advancement of polymer science along with the growth plastic & polymer industry is expected to provide future growth opportunities for the dicumyl peroxide market as a crucial aspect. On the flipside, regulations due the hazardous and flammable nature of dicumyl peroxide might act as restraining factor on its use thus restraining the market growth.
Dicumyl Peroxide Market: Regional Outlook
Over the years plastic & polymer production as well as rubber production has increased in the Asia Pacific region especially in the countries such as China & India. Rising automotive production, rapid industrialization, rising disposable are the important factors boosting the growth of plastic & polymer industry in Asia Pacific, owing to which Asia Pacific can be attributed as a prominent market for dicumyl peroxide. Predominance of tire manufacturers and significant presence of polymer industry will drive the demand for dicumyl peroxide in matured economies such as North America and Europe. However the rising number of stringent government regulations in Europe and North America will be the cause of concern for the cumyl hydroperoxide market growth. Increasing automotive production and rise plastic and rubber production is expected to make LAMEA a potential market for dicumyl peroxide.
Dicumyl Peroxide Market: Key Participants
Some of the key participants identified in the global dicumyl peroxide market are:
Arkema Group, Dongsung Corporation, PERGAN GmbH, Sundow Polymers Co., Ltd, Greenchemicals SpA, Taicang Plastic Additives Factory Co., Ltd., Shandong Rui Huang Chemical Co., Ltd., Monomer-Polymer & Dajac Laboratories Inc., Sinopec Shanghai Gaoqiao Petrochemical Corporation and Shandong Rui Huang Chemical Co., Ltd among others.
The Dicumyl Peroxide market research report presents a comprehensive assessment of the Dicumyl Peroxide market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Dicumyl Peroxide market research report provides analysis and information according to Dicumyl Peroxide market segments such as geographies, application and industry.
The report covers exhaustive analysis on,
- Dicumyl Peroxide Market Segments
- Dicumyl Peroxide Market Dynamics
- Dicumyl Peroxide Market Size
- Dicumyl Peroxide Supply & Demand Scenario
- Current Trends/Issues/Challenges in Dicumyl Peroxide market
- Competition & Companies involved in Dicumyl Peroxide market
- Technology used in Dicumyl Peroxide Market
- Value Chain of Dicumyl Peroxide Market
Regional analysis includes,
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
- Eastern Europe (Russia, Poland, CIS)
- Asia-Pacific (China, India, ASEAN, South Korea)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The Dicumyl Peroxide Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Dicumyl Peroxide market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Dicumyl Peroxide market segments and geographies.
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Dicumyl Peroxide Market: Segmentation
The global dicumyl peroxide market can be segmented on the basis of grade (purity), function, application and on the basis end-use of industry.
The global dicumyl peroxide market is segmented on the basis of grade (purity):
- Low Purity Grade (<40%)
- Moderate Purity Grade (40%-60%)
- High Purity Grade (<60%)
- Ultra High Purity Grade (≤99%)
The global dicumyl peroxide market is segmented on the basis of its function:
- Cross linking agent
- Polymerization initiator
- Curing Agent
- Flame Retardant
The global dicumyl peroxide market is segmented on the basis of its application:
- Polyethylene, Ethyl Vinyl Acetate, Silicone Resins
- Ethyl Vinyl Acetate foam sheet
- Acrylic, UP Resins
- Cable Insulation Materials
The global dicumyl peroxide market is segmented on the basis of its end-use industry:
- Plastic & Polymers
- Detailed overview of parent market
- Changing Dicumyl Peroxide market dynamics in the industry
- In-depth Dicumyl Peroxide market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape in Dicumyl Peroxide market
- Strategies of key players and products offered in Dicumyl Peroxide market
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Dicumyl Peroxide market performance
- Must-have information for market players to sustain and enhance their market footprint
Frequently Asked Questions
What research methodology is used to develop the Dicumyl Peroxide Market report?
- FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
- These approaches include accumulating data from both primary and secondary sources
- Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Dicumyl Peroxide Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
- Analysis of several middle market stakeholders for country-wise data
What else does FMI offer apart from Dicumyl Peroxide Market report?
In addition to up-to-date market figures and customized of the Dicumyl Peroxide Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.
How do you define competitors based on market structure? What aspects about a competitor are included in the company profile section?
- Most of the competitors are segregated according to their market share in 'Tier' wise statures.
- Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.