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Polymerization Initiator Market Report
The Polymerization Initiator Market is Segmented by Type (Persulfate, Peroxides, Aliphatic AZO Compounds, and Others), by Active Species Type (Free-radical, Cationic, and Anionic), by Application Type (Polyethylene, Polypropylene, PVC, Polystyrene, ABS, and Others), and by Region...
Impact of COVID-19 on Polymerization Initiator Market
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Polymerization Initiator Market is likely to witness a healthy CAGR of 5% during the forecast period. The surge in polymer production on account of increasing demand from various end-use industries, such as food processing, automotive, and building & construction is expected to drive the market.
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Polymerization Initiator Market - Snapshot |
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Growth |
5% for the next five years |
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Fastest-Growing Active Species Type |
Free-radical |
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Dominant Type |
Peroxides |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Arkema S.A., LANXESS AG, BASF SE, Lyondellbasell Industries, Akzonobel, Celanese Corporation, United Initiators, Adeka Corporation, Peroxychem, Mitsubishi Gas Chemical Company. |
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Based on the type, the market is segmented as persulfate, peroxides, and aliphatic AZO compounds. Peroxides is expected to remain the most dominant type as it is used as an initiator for the radical polymerization process of monomers. The demand for organic peroxides is driven mainly by the growing demand from the coating, adhesives, and elastomer manufacturers with increase in consumption of these compounds in end-use sectors, such as automotive, electronics & electricals, construction, composites, and chemicals & plastic industries.
Based on the active species type, the polymerization initiator market is segmented as free-radical, cationic, and anionic. The wide use of free-radical polymerization for the thermal decomposition of molecules that contain weak bonds such as peroxides or aliphatic AZO compounds is driving the growth of the segment.
In terms of regions, Asia-Pacific is estimated to dominate the polymerization initiator market during the forecast period. The region has emerged as the largest consumer of these initiators owing to the increasing production of polymers in China, India, Japan, and Malaysia, among others. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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Polymerization Initiators are utilized in radical polymerization in order to direct the initiation through light and heat. The initiator is expected to be soluble in the solvent and the decomposition temperature of the particular initiator should also be below, or at the boiling point of the solvent being used while performing polymerization.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Polymerization Initiator Market Research Report – Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
18 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The polymerization initiator market is segmented into the following categories.
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Some of the major Polymerization Initiator manufacturers are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com
The polymerization initiator market is expected to witness an impressive growth of 5% CAGR in the foreseeable future.
Arkema S.A., LANXESS AG, BASF SE, Lyondellbasell Industries, Akzonobel, Celanese Corporation, United Initiators, Adeka Corporation, Peroxychem, and Mitsubishi Gas Chemical Company are among the key players in the polymerization initiator market.
Asia-pacific is expected to dominate the polymerization initiator market during the next five years.
Peroxides is expected to remain the most dominant type in the polymerization initiator market in the coming years.
The surge in polymer production on account of increasing demand from various end-use industries, such as food processing, automotive, and building & construction is the factor driving the growth of polymerization initiator market.
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