Title: Dicumyl Peroxide Market - Forecast (2022-2027)
1Dicumyl Peroxide MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- The global dicumyl peroxide market size is
estimated to reach US270 million by 2027 after
growing at a CAGR of around 3.9 from 2022 to
2027. - The dicumyl peroxide is as a cross-linking agent
that is used for elastomers and synthesis of
polylactic acid composite fibers. It is also used
as a vulcanizing agent for plastics and rubber
applications. - The dicumyl peroxide has growing application in
polymers manufacturing, polyolefin, rubber, wire
and cables, acrylic resins, and others.
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- Key Takeaways
- The global dicumyl peroxide market size will
increase owing to its rising application in the
plastics, polyolefin, acrylic resins, additives,
rubber, wire and cable insulation, and others
during the forecast period. - The Asia Pacific is the fastest growing region in
the global dicumyl peroxide industry due to
rising automotive demand and production, plastics
manufacturing, and other development in this
region. - The production of rubber and plastic is rising as
dicumyl peroxide acts as a cross-linking and
vulcanizing agent, thereby driving the market for
dicumyl peroxide.
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Dicumyl Peroxide Market Segment Analysis By
Geography By geography, the Asia Pacific is the
fastest-growing region in the global dicumyl
peroxide market and is expected to grow with a
CAGR of around 4.7 during the forecast period.
The high demand for dicumyl peroxide in this
region is influenced by the rising application in
various end-use industries and growth in
manufacturing projects. Furthermore, the
increasing plastics manufacturing activities is
propelling the growth in the market, as dicumyl
peroxide acts as a cross-linking agent for
polymers and elastomers. According to the India
Brand Equity Foundation (IBEF), the plastic
industry in India made an export of plastic raw
material worth USD 1.57 billion during April 2021
to August 2021.
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- Dicumyl Peroxide Industry Outlook
- Arkema Group
- PERGAN GmbH
- Taicang Plastics Additives Factory Co Ltd
- Nouryon
- Sinopec Shanghai Gaoqiao
- Shandong Rui Huang Chemical Co Ltd
- Green Chemicals Spa
- Dongsung Corporation
- Sundow Polymers Co., Ltd
- China Petrochemical Corporation
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Dicumyl Peroxide Market - Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Global-Dicum
yl-Peroxide-Market-Research-511773
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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