Press release
Benzoyl Peroxide Market to Reach USD 20.13 KT by 2029, emerging at a CAGR of 4.35 percent and forecast 2023-2029
Benzoyl Peroxide Market
The report employs a rigorous research methodology, assessing the revenue impact of the COVID-19 pandemic on market leaders, followers, and disruptors. Through insightful analysis, the report provides a clear understanding of market dynamics, industry structure, and key factors influencing growth.
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What are Benzoyl Peroxide Market Dynamics:
Substitutes like niacinamide, salicylic acid, glycolic acid, and azelaic acid are disturbing the competitive structure of the market for benzoyl peroxide which is becoming a major challenge to the vendors. Also, benzoyl peroxide is found to cause side effects such as burning, itching, and peeling to the ones who use it for the treatment of acne. Additionally, it has teratogenic effects and cannot be prescribed for pregnant women. These factors are expected to hinder the benzoyl peroxide market during the forecast period.
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Benzoyl Peroxide Market Regional Insights:
The Global Benzoyl Peroxide Market report not only presents a comprehensive analysis of the industry but also offers valuable insights for decision-makers. By examining market dynamics, key players, and competitive landscapes, the report serves as an investor's guide, providing a clear futuristic view of the industry. From market values to regional insights, the report is a crucial resource for industry stakeholders navigating the complexities of the Benzoyl Peroxide Market.
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What is Benzoyl Peroxide Market Segmentation:
by Product Type
50% Benzoyl Peroxide Powder
50% Benzoyl Peroxide Paste
by Application
Chemical and Plastics Industry
Building and Construction
Automotive and Transportation
Others
Who are Benzoyl Peroxide Market Key Players:
1. Akzo Nobel
2. United Initiators
3. Arkema
4. Chinasun Specialty Products
5. Taizhou Yuanda
6. Haixiang, Hentai
7. SACI
8. Jain and Jain
9. YUH TZONG
10.Mil-Spec Corp
11.Degussa Initiators, LLC
12.Liuang Chemical Corporation
13.Jiangsu Peixing Chemical
14.Enox
15.Shandong Hengtai Chemical
16.Jiangsu Yuanyang Pharmaceutical
17.Zhengzhou Tongli Surfactant
18.Shandong Laiwu Meixing Chemical
19.Ming Dih Industry
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Table of content for the Benzoyl Peroxide Market includes:
Global Benzoyl Peroxide Market: Research Methodology
Global Benzoyl Peroxide Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Benzoyl Peroxide Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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๐๐ฃ๐๐ ๐๐ฒ๐ป๐๐ผ๐๐น ๐๐ต๐น๐ผ๐ฟ๐ถ๐ฑ๐ฒ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐ ๐ผ๐๐ฒ๐บ๐ฒ๐ป๐ ๐ค๐ฏ:
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Benzoyl Peroxide production relies on Benzoyl Chloride and Hydrogen Peroxide, impacting its pricing trends. In the first half of 2023, prices lingered at lower levels due to subdued demand from personal care and cosmetic industries. Despite marginal relief during the quarter transition, persistent challenges prevailed, influenced by the prolonged Covid-19 impact, high inflation, and global concerns, leading to diminished purchasing power and overall poor market sentiments.
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