Market Overview:
The global tert-butyl cumyl peroxide market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for tert-butyl cumyl peroxide in various applications such as polymer crosslinking, acrylics production, synthetic rubber, and others. In terms of region, North America is expected to lead the global tert-butyl cumyl peroxide market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Tert-Butyl Cumyl Peroxide is a white solid that is used as an initiator for radical polymerization.
94%-95% Purity:
94%-95% purity tert-butyl cumyl peroxide is a highly pure form of the chemical compound. It has been used as an additive in gasoline to increase its octane rating and to improve engine performance. The growing demand for high-performance engines in automobiles, coupled with the rising concerns regarding air pollution caused by burning fossil fuels, has resulted in increasing penetration of fuel efficient vehicles over the past few years.
96%-99% Purity:
96%-99% purity tert-butyl cumyl peroxide is a transparent solid material that has high molecular weight. It is manufactured by the catalytic oxidation of butane with oxygen and steam. The product finds application in paints & coatings, plastics, printing inks, rubber products and adhesives as well as other industrial segments owing to its properties such as high temperature resistance along with excellent anti-corrosion performance.
Application Insights:
Key application segments covered in the study include polymer crosslinking, acrylic production, synthetic rubber and others. Polymer crosslinking was the largest application segment with a revenue share of over 40% in 2017. Tert-butyl cumyl peroxide is widely used for polymer crosslinking as it provides high performance and better control of process variables such as temperature and time due to its superior reactivity. The product is also used for controlling chain length distribution during polymers synthesis which further boosts its demand in this segment.
The product finds applications other than polymer crosslinking including film & sheet extrusion, fiber drawing & spinning (for textile applications), water treatment (through coagulation) and oil recovery (in conjunction with peroxides).
Regional Analysis:
Asia Pacific dominated the global tert-butyl cumyl peroxide market in terms of both volume and revenue. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing product demand from various end-use industries such as plastics and automotive.
The growing automobile industry in China, India, Japan, South Korea and Taiwan is anticipated to drive regional growth over the coming years. Asia Pacific was followed by North America with a share of 22%. The polymers production application segment dominates this region’s market owing to its high consumption across several applications including acrylics production; rubber additives; adhesives & sealants; coatings etc.
Growth Factors:
- Increasing demand for Tert-Butyl Cumyl Peroxide in the automotive and construction industries as a curing agent and polymerization initiator.
- Rising demand from emerging economies such as China and India due to the growth of their manufacturing sectors.
- Growing use of Tert-Butyl Cumyl Peroxide in adhesives, sealants, coatings, and elastomers due to its superior performance properties over other peroxides.
- Increasing research & development activities by manufacturers to develop new applications for Tert-Butyl Cumyl Peroxide in various end-use industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tert-Butyl Cumyl Peroxide Market Research Report
By Type
94%-95% Purity, 96%-99% Purity
By Application
Polymer Crosslinking, Acrylics Production, Synthetic Rubber, Others
By Companies
Nouryon, Arkema, Pergan GmbH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Tert-Butyl Cumyl Peroxide Market Report Segments:
The global Tert-Butyl Cumyl Peroxide market is segmented on the basis of:
Types
94%-95% Purity, 96%-99% Purity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Polymer Crosslinking, Acrylics Production, Synthetic Rubber, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nouryon
- Arkema
- Pergan GmbH
Highlights of The Tert-Butyl Cumyl Peroxide Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 94%-95% Purity
- 96%-99% Purity
- By Application:
- Polymer Crosslinking
- Acrylics Production
- Synthetic Rubber
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tert-Butyl Cumyl Peroxide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tert-Butyl Cumyl Peroxide is a peroxide that is used as an oxidizer in industrial and commercial settings. It has a high oxidation potential, making it effective at removing contaminants from air and water.
Some of the major companies in the tert-butyl cumyl peroxide market are Nouryon, Arkema, Pergan GmbH.
The tert-butyl cumyl peroxide market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tert-Butyl Cumyl Peroxide Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Tert-Butyl Cumyl Peroxide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tert-Butyl Cumyl Peroxide Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Tert-Butyl Cumyl Peroxide Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Tert-Butyl Cumyl Peroxide Market Size & Forecast, 2020-2028
4.5.1 Tert-Butyl Cumyl Peroxide Market Size and Y-o-Y Growth
4.5.2 Tert-Butyl Cumyl Peroxide Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 94%-95% Purity
5.2.2 96%-99% Purity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Polymer Crosslinking
6.2.2 Acrylics Production
6.2.3 Synthetic Rubber
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tert-Butyl Cumyl Peroxide Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Tert-Butyl Cumyl Peroxide Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 94%-95% Purity
9.6.2 96%-99% Purity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Polymer Crosslinking
9.10.2 Acrylics Production
9.10.3 Synthetic Rubber
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 94%-95% Purity
10.6.2 96%-99% Purity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Polymer Crosslinking
10.10.2 Acrylics Production
10.10.3 Synthetic Rubber
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 94%-95% Purity
11.6.2 96%-99% Purity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Polymer Crosslinking
11.10.2 Acrylics Production
11.10.3 Synthetic Rubber
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 94%-95% Purity
12.6.2 96%-99% Purity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Polymer Crosslinking
12.10.2 Acrylics Production
12.10.3 Synthetic Rubber
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 94%-95% Purity
13.6.2 96%-99% Purity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Polymer Crosslinking
13.10.2 Acrylics Production
13.10.3 Synthetic Rubber
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Tert-Butyl Cumyl Peroxide Market: Competitive Dashboard
14.2 Global Tert-Butyl Cumyl Peroxide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nouryon
14.3.2 Arkema
14.3.3 Pergan GmbH
