Major Applications and Market Development of Organic Peroxides
In the chemical manufacturing industry, organic peroxides are primarily used as polymerization initiators and catalysts for synthetic resins. In the field of polymer materials, they serve as initiators for free radical polymerization and grafting reactions, crosslinking agents for rubber and plastics, curing agents for unsaturated polyester resins, and degradation agents for polymers such as polypropylene.
Overall, the growth of organic peroxides is closely tied to the development of downstream industries, with the global market showing a trend of steady growth. In particular, due to strong downstream demand, China has become the fastest-growing market for organic peroxides worldwide.
Currently, the competitive landscape of China's organic peroxide market is characterized by diversity and differentiation. While market competition is becoming increasingly intense, it also brings new opportunities and challenges for the industry. With ongoing technological advancements, new application areas are continually emerging. Looking ahead, as scientific and technological progress continues, China’s organic peroxide market is expected to expand into even more innovative application fields.
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Changzhou JOHO Chemical Co., Ltd., a subsidiary of Shanghai ICASON New Material Co., Ltd., represents the Group's strategic focus on polymer crosslinking, curing, and initiation technologies.
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