The Global Diacyl Peroxide Market was valued at USD 1.21 Billion in 2023 and is projected to reach USD 1.65 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period (2024-2030). This robust growth is fueled by expanding polymer production, rising demand for high-performance plastics, and advancements in manufacturing processes across industries such as automotive, construction, and packaging.

As the polymer industry evolves toward more efficient and specialized production, the focus intensifies on the key chemical manufacturers driving innovation in essential initiators and cross-linking agents. In this blog, we profile the Top 10 Companies in the Diacyl Peroxide Industry—a group of global chemical giants and specialized producers shaping the future of polymerization and material science.

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🔟 1. Akzo Nobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: Perkadox® range of Diacyl Peroxides

Akzo Nobel, through its Specialty Chemicals business (now part of Nouryon), is a leading global supplier of organic peroxides, including a comprehensive portfolio of diacyl peroxides. Their Perkadox® products are widely used as initiators for the polymerization of vinyl chloride, styrene, and other monomers, as well as cross-linking agents for polyethylene and unsaturated polyesters.

Innovation and Market Focus:

• High-purity peroxides for sensitive polymer applications

• Focus on safety and stability in formulation and handling

• Strong global distribution network serving the plastics and rubber industries

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9️⃣ 2. Arkema Group

Headquarters: Colombes, France
Key Offering: Luperox® diacyl peroxides

Arkema is a major player in the specialty chemicals market, with a significant presence in the organic peroxides segment. Their Luperox® range includes various diacyl peroxides known for their efficiency as initiators in the production of PVC, polystyrene, and other polymers, contributing to enhanced polymer properties and manufacturing efficiency.

Innovation and Market Focus:

• Development of peroxides for high-temperature polymerization processes

• Commitment to sustainable chemistry and reducing environmental impact

• Strategic investments in production capacity across Asia and the Americas

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8️⃣ 3. Pergan GmbH

Headquarters: Bocholt, Germany
Key Offering: Specialty diacyl peroxides and custom formulations

Pergan Group is a globally recognized manufacturer of organic peroxides and other specialty chemicals. They offer a range of diacyl peroxides tailored for specific applications, including those requiring high purity and specific decomposition temperatures, serving niche markets in advanced composites and engineering plastics.

Innovation and Market Focus:

• Expertise in custom-synthesized peroxide solutions

• Strong focus on research and development for new applications

• Compliance with stringent international quality and safety standards

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7️⃣ 4. Nouryon

Headquarters: Amsterdam, Netherlands
Key Offering: Trigonox® and Perkadox® diacyl peroxides

Nouryon, formerly the specialty chemicals business of AkzoNobel, is a standalone leader in the polymer industry. The company’s extensive Trigonox® and Perkadox® portfolios include diacyl peroxides that are critical for initiating polymerization reactions in the production of a wide array of plastics and synthetic rubbers.

Innovation and Market Focus:

• Pioneering sustainable initiator technologies

• Global production facilities ensuring supply chain resilience

• Technical support services for optimizing customer processes

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6️⃣ 5. NOF Corporation

Headquarters: Tokyo, Japan
Key Offering: Peroyl diacyl peroxides

NOF Corporation is a leading Japanese chemical company with a strong portfolio of organic peroxides. Their diacyl peroxide products are essential for the polymerization of key resins in the Asia-Pacific region, supporting industries from automotive parts to electronic components.

Innovation and Market Focus:

• High-performance peroxides for advanced material synthesis

• Expansion of production capabilities to meet growing regional demand

• Focus on ultra-high purity grades for electronics applications

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5️⃣ 6. GYC Group

Headquarters: Jiangsu, China
Key Offering: Cost-effective diacyl peroxides for various applications

The GYC Group is a significant Chinese manufacturer of chemical additives, including a range of diacyl peroxides. They play a crucial role in supplying the domestic and international markets with reliable initiators for PVC and other polymer production, often at competitive price points.

Innovation and Market Focus:

• Scalable production for large-volume polymer manufacturers

• Focus on manufacturing efficiency and cost optimization

• Growing export business to Southeast Asia and other emerging markets

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4️⃣ 7. Suzhou Hualun Chemical Co., Ltd.

Headquarters: Suzhou, China
Key Offering: Diacyl Peroxides and other organic peroxides

Suzhou Hualun Chemical is a specialized producer of organic peroxides in China. The company has built a reputation for quality and reliability, supplying diacyl peroxides that are used as initiators and cross-linking agents in the country’s vast plastics and rubber industries.

Innovation and Market Focus:

• Investment in R&D for new peroxide formulations

• Strategic location in a major Chinese chemical industry hub

• Adherence to increasing Chinese environmental and safety regulations

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3️⃣ 8. Haixiang Chemical Co., Ltd.

Headquarters: Taizhou, China
Key Offering: Diacyl Peroxides for polymerization

Haixiang Chemical is another key Chinese player in the organic peroxide market. The company manufactures diacyl peroxides that serve as critical initiators for the production of various polymers, contributing to the supply chain for both domestic consumption and international trade.

Innovation and Market Focus:

• Continuous improvement of production processes for higher yields

• Expanding product portfolio to include more specialty grades

• Focus on safe handling and transportation protocols

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2️⃣ 9. Jiangsu Peixing Chemical Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: Diacyl Peroxide initiators and cross-linking agents

Jiangsu Peixing Chemical specializes in the production of organic peroxides, including diacyl peroxides used across the polymer industry. The company has established itself as a reliable supplier for manufacturers requiring consistent quality initiators for their polymerization processes.

Innovation and Market Focus:

• Quality control systems ensuring product consistency

• Development of peroxides with tailored decomposition characteristics

• Growing presence in international markets

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1️⃣ 10. Huaian Hongyang Chemical Co., Ltd.

Headquarters: Huaian, China
Key Offering: Diacyl Peroxides for plastic and rubber industries

Huaian Hongyang Chemical rounds out the top ten as a focused manufacturer of chemical additives, including diacyl peroxides. The company supplies the growing Chinese market and export customers with essential initiators that enable efficient polymer production for a wide range of applications.

Innovation and Market Focus:

• Competitive pricing for cost-sensitive applications

• Expansion of production capacity to meet increasing demand

• Commitment to meeting international product standards

Anlin New Materials is also a notable contributor to the market, particularly in specialized applications requiring high-performance diacyl peroxides.

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🌍 Outlook: The Future of Diacyl Peroxide Is Driven by Advanced Materials

The diacyl peroxide market is undergoing a significant transformation. While traditional applications in PVC and standard plastics continue to dominate volume consumption, the industry is increasingly focused on developing specialized formulations for high-performance polymers, biocomposites, and materials for the electric vehicle and renewable energy sectors.

📈 Key Trends Shaping the Market:

• Growing demand for high-purity peroxides in electronics and medical applications

• Increased focus on safety and stability in peroxide formulation and handling

• Shift toward sustainable and bio-based polymer production methods

• Geographic expansion of production capacities, particularly in Asia

Get Full Report Here: Diacyl Peroxide Market – View in Detailed Research Report

The companies listed above are not only supplying essential chemicals for global polymer production—they are enabling the innovation and specialization that will define the next generation of materials.