Europe Dialkyl Peroxide Market Share, Growth, Analysis, Research: By Application: Polymerisation initiators, Crosslinking Catalysts, Curing; By End Use: Controlled Rheology Polypropylene, Engineered Rubber Compounding, Others; Regional Analysis; Market Dynamics; Competitive Landscape; Industry Events and Developments; 2024-2032

Europe Dialkyl Peroxide Market Outlook

The Europe dialkyl peroxide market is expected to grow at a CAGR of 5.5% between 2024 and 2032.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

News and Developments in the Market 

In September 2023, Arkema a global leader in specialty materials for paints and coatings announced acquiring Polimeros Especiales which is a well-established Mexican company producing high-performance waterborne resins for a huge variety of applications in markets. For instance, architectural and decorative paints, pressure-sensitive adhesives, construction, and textiles. This acquisition is likely to strengthen Arkema’s position in this fast-growing region.

In August 2023, Arkema introduced a new acrylic polyol emulsion SYNAQUA 9511 for industrial paints which provides substantially lower VOC capabilities as well as performs well in 2K or 1K stoving systems.

In August 2023, Nouryon announced an exclusive agreement with Brenntag Specialties to operate as the individual distributor of Nouryon’s patented LumaTreat tagged polymers in Canada and the United States. The contract incorporates a broad range of Nouryon’s specialty polymers as well as offers water treatment professionals greater access to essential ingredients for commercial and industrial heating and cooling systems.

In June 2023, Nouryon introduced Expancel HP92 microspheres, an innovation that has set a benchmark for thermoplastic microsphere fillers in high-pressure production processes for the automotive industry. Going further, the lightweight materials are in great demand from automotive producers to meet progressively strict emission regulations along with generating robust customer interest in fuel-efficient vehicles that do not negotiate on performance or passenger comfort.

In June 2023, United Initiators announced its subsidiary in Turkey, Hidrojen Peroksit A.S. (HPAS), plans to execute stepwise improvements to its plant to eventually double its H2O2 production capacity by the end of 2024. The Turkish market for H2O2 remains to develop at a high pace. 

In April 2023, Nouryon launched Bermocoll FLOW cellulose ether, a sustainable and an innovative new product that merges the flow along with levelling properties of an associative synthetic thickener with the stability properties of a cellulose thickener.

Key Trends in the Market 

Dialkyl peroxide is an initiator for high polymers along with efficient crosslinking as well as viscosity transformers for polyolefins, or vulcanizing agents for elastomers. It is a dialkyl peroxide which is a novel compound possessing a double bond and a peroxide group, offering great potential for the Europe dialkyl peroxide market.

• The increasing usage of dialkyl peroxides for effective crosslinking of polyolefins, as curing agents for polyester resins, vulcanising agents for elastomers, and initiators in bulk are likely to propel dialkyl peroxide market growth across Europe.

• The Europe dialkyl peroxide market growth is driven by the surging demand for polyester and silicon from the polymer industry.

• The dialkyl peroxide is useful as a cross-linking agent for ethylene-type polymers which is expected to drive the market demand for dialkyl peroxide among consumers over the coming years.

• With the growing chemical industry and the rising penetration of the end-use industries, the growth of the Europe dialkyl peroxide market is expected to push forward in the coming years.

• The surging employment of dialkyl peroxides as polymerisation initiators for the synthesis of graft polymers from an ethylene type polymer is expected to support the market growth of dialkyl peroxides.

• Evolving technologies along with the depletion of resources, mobility, and rapid urbanisation are some of the aspects boosting the market demand during the forecast period.

Market Analysis 

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Based on application, the Europe dialkyl peroxide market can be segmented into polymerisation initiators, crosslinking catalysts, and curing. Based on the end-uses, it can be categorised into controlled rheology polypropylene, engineered rubber compounding, and unsaturated polyester resin, among others. The regional markets for the dialkyl peroxide market can be divided into Germany, the United Kingdom, France, the Netherlands, Belgium, and Italy. 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Europe dialkyl peroxide market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans. 

• Arkema

• Nouryon (AkzoNobel Specialty Chemicals)

• United Initiators

• MPI Chemie

• Pergan

• Others

Market Share by Application

The polymerisation initiators segment is expected to witness growth in the Europe dialkyl peroxide market as initiators are frequently employed in chain-growth polymerisation for example, radical polymerisation to regulate initiation by heat or light. Moreover, there is a surging production of various polymers which is expected to increase the product demand in the polymerisation process. Additionally, there is an increasing demand for ready-made clothing and the increasing diffusion of paper in a huge variety of industrial sectors. This is likely to propel the segment growth in the market.

The crosslinking catalysts segment is anticipated to fuel the market growth of dialkyl peroxide on account of the usage of peroxide for efficient crosslinking of polyolefins. Dialkyl peroxides are employed as a polymerisation initiator for vinyl monomers, a polymerisation initiator for the synthesis of graft polymers, and a cross-linking agent for ethylene type polymers which is likely to support the segment growth in the market over the coming years. Cross-linking is a crucial element in augmenting the mechanical properties of polymers in elastomers, hydrogels, and adhesives. This is further aiding the segment demand in the Europe dialkyl peroxide market.

The curing segment also known as vulcanization is a significant process in rubber technology. Curing in peroxide is the process that is essential to harden or toughen rubber products through crosslinking various polymer chains.

Market Share by End-use

Rubber compounding includes the engineering as well as the science of rubbers and rubber additives, like processing aids, curing agents, and fillers, in certain sizes to attain an even combination. The final product is likely to have needed chemical and physical properties for low cost processing and desired end-use performance. 

The primary application of unsaturated polyester resin is in industries like automotive, industrial wood, furniture finishing, and construction. This is expected to drive the unsaturated polyester resin segment growth in the Europe dialkyl peroxide market due to the increasing demand for dialkyl peroxide for unsaturated polyester resins.

Market Share by Region

Geographically, the United Kingdom is expected to witness significant growth in the dialkyl peroxide market across the Europe region due to the high consumption of polymers in the country. The United Kingdom is considered among the highest consumers of plastic in Europe. Meanwhile, Germany is expected to hold strong growth in the Europe dialkyl peroxide market on account of the surging demand for engineered plastics products from the automotive and industrial sectors.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Competitive Landscape 

Arkema is a leading specialty material company. The company creates materials to deliver the ever-growing demand for innovative and sustainable materials developing on its distinctive set of expertise in materials science.

Nouryon (AkzoNobel Specialty Chemicals) is a globally leading specialty chemicals company. The company aims to offer significant solutions that buyers can use to produce everyday products like cleaning, personal care, paints and coatings, pharmaceuticals, building products, and agriculture and food.

United Initiators is a leading peroxide manufacturer serving the evolving world. It is the only global producer that provides a comprehensive variety of organic peroxides as well as persulfates. It is top tier in terms of globally supplying an extensive portfolio of organic peroxides.

MPI Chemie is an independent chemical company based in the Netherlands with a global presence. The company provides light stabilisers, UV absorbers, antioxidants, flame retardants, and optical brightness, among others. It deals with automotive, agriculture, building, and electronics industries, among others, and has a strong presence in the Europe dialkyl peroxide market.

Pergan is a global manufacturer of organic peroxides. The company has trusting business connections with customers all over the globe with production services in Germany along with the United States as well as a joint venture in China.

Key Highlights of the Report

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.