Report Feature
The future of the benzoyl peroxide market looks promising with opportunities in the chemicals, plastics, personal care and cosmetics, pharmaceutical, and food additives. The global benzoyl peroxide market is expected to grow with a CAGR of 2%-3% from 2020 to 2025. The major drivers for this market are increasing usage from various end use industries, growing usage as a bleaching agent in the food industry, and rising usage in personal care industry for treating acne and other skin related problems.
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The study includes trends and forecast for the global benzoyl peroxide market by application, product type, product form, and region as follows:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
- Chemicals
- Plastics
- Personal Care and Cosmetics
- Pharmaceutical
- Food Additives
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
- 50% Benzoyl Peroxide Powder
- 50% Benzoyl Peroxide Paste
By Product Form [Value ($ Million) shipment analysis for 2014 – 2025]:
- Gel
- Cream
- Powder
- Liquid
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
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Europe
- Italy
- United Kingdom
- German
- France
-
Asia Pacific
- China
- India
- South Korea
- Japan
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The Rest of the World
- Brazil
Some of the benzoyl peroxide companies profiled in this report include Mil-Spec, Akzo Nobel, Degussa Initiators, and Liuang Chemical
Lucintel forecasts that 50% benzoyl peroxide powder will remain the largest segment over the forecast period.
Within this market, chemical and plastics will remain the largest segment by application over the forecast period due to its usage as polymerization initiator or curing agents.
North America will remain the largest region over the forecast period due to high production of benzoyl peroxide in the region and increasing purchasing power of consumers.
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Features of the Global Benzoyl Peroxide Market |
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This report answers following key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global benzoyl peroxide market by application (chemicals, plastics, personal care and cosmetics, pharmaceutical, and food additives), product type (50% benzoyl peroxide powder and paste), product form (gel, cream, powder, and liquid), and region (North America, Europe, Asia Pacific, and Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which region will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global benzoyl peroxide market? Q.5 What are the business risks and threats to the global benzoyl peroxide market? Q.6 What are emerging trends in this benzoyl peroxide market and the reasons behind them? Q.7 What are some changing demands of customers in this benzoyl peroxide market? Q.8 What are the new developments in this benzoyl peroxide market? Which companies are leading these developments? Q.9 Who are the major players in this benzoyl peroxide market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in this benzoyl peroxide market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the global benzoyl peroxide market? |
Report Scope
| Key Features | Description |
| Base Year for Estimation | 2019 |
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Trend Period (Actual Estimates) |
2014-2019 |
| Forecast Period | 2020-2025 |
| Pages | More than 150 |
| Market Representation / Units | Revenue in US $ Million |
| Report Coverage | Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
| Market Segments | Application (Chemicals, Plastics, Personal Care and Cosmetics, Pharmaceutical, and Food Additives), Product Type (50% Benzoyl Peroxide Powder and Paste), and Product Form (Gel, Cream, Powder, And Liquid) |
Regional Scope |
North America (USA, Mexico, and Canada), Europe (Italy, United Kingdom, Germany, and France), Asia (China, India, Japan, South Korea), and ROW (Brazil) |
| Customization | 10% Customization without Any Additional Cost |
Table of Contents
1. Executive Summary
7.2 Emerging Trends in the Global Benzoyl Peroxide Market
4.1 Global Benzoyl Peroxide Market by Region
4.2.1 Market by Application: Chemical, Plastics, Personal Care and Cosmetic, Pharmaceutical, and Food Additive
4.2.2 Market by Product Type: 50% Benzoyl Peroxide Powder and 50% Benzoyl Peroxide Paste
4.2.3 Market by Product Form: Gel, Cream, Powder, and Liquid
4.2.4 The United States Benzoyl Peroxide Market
4.2.5 The Canadian Benzoyl Peroxide Market
4.2.6 The Mexican Benzoyl Peroxide Market
4.3.1 Market by Application: Chemical, Plastics, Personal Care and Cosmetic, Pharmaceutical, and Food Additive
4.3.2 Market by Product Type: 50% Benzoyl Peroxide Powder and 50% Benzoyl Peroxide Paste
4.3.3 Market by Product Form: Gel, Cream, Powder, and Liquid
4.3.4 The Italian Benzoyl Peroxide Market
4.3.5 The United Kingdom Benzoyl Peroxide Market
4.3.6 The German Benzoyl Peroxide Market
4.3.7 The French Benzoyl Peroxide Market
4.4.1 Market by Application: Chemical, Plastics, Personal Care and Cosmetic, Pharmaceutical, and Food Additive
4.4.2 Market by Product Type: 50% Benzoyl Peroxide Powder and 50% Benzoyl Peroxide Paste
4.4.3 Market by Product Form: Gel, Cream, Powder, and Liquid
4.4.4 The Chinese Benzoyl Peroxide Market
4.4.5 The Indian Benzoyl Peroxide Market
4.4.6 The South Korean Benzoyl Peroxide Market
4.4.7 The Japanese Benzoyl Peroxide Market
4.5.1 Market by Application: Chemical, Plastics, Personal Care and Cosmetic, Pharmaceutical, and Food Additive
4.5.2 Market by Product Type: 50% Benzoyl Peroxide Powder and 50% Benzoyl Peroxide Paste
4.5.3 Market by Product Form: Gel, Cream, Powder, and Liquid
4.5.4 The Brazilian Benzoyl Peroxide Market
7.1.1 Growth Opportunities for the Global Benzoyl Peroxide Market by Application
7.1.2 Growth Opportunities for the Global Benzoyl Peroxide Market by Product Type
7.1.3 Growth Opportunities for the Global Benzoyl Peroxide Market by Product Form
7.1.4 Growth Opportunities for the Global Benzoyl Peroxide Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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