The Global Dibenzoyl Peroxide Paste Market was valued at US$ 20.7 Million in 2025 and is projected to reach US$ 27 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2024–2034). This growth is driven by the expanding demand from the unsaturated polyester resin (UPR) industry, its critical role in silicone rubber manufacturing, and the increasing adoption of advanced curing agents across various industrial applications.

As global industries push for faster production cycles and higher-performance materials, the demand for efficient and reliable curing agents like Dibenzoyl Peroxide (BPO) Paste has intensified. This specialized chemical is crucial for initiating polymerization at ambient and elevated temperatures, making it indispensable in composites, construction, and automotive sectors. In this blog, we profile the Top 10 Companies in the Dibenzoyl Peroxide Paste Industry—specialty chemical giants and niche manufacturers that are shaping the future of polymer curing technology.

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🔟 1. Nouryon

Headquarters: Amsterdam, Netherlands
Key Offering: Perkadox CH-50, Perkadox CH-50Y

Nouryon (formerly AkzoNobel Specialty Chemicals) is a global leader in the production of organic peroxides, including Dibenzoyl Peroxide Paste. Their Perkadox brand is renowned for its high quality and reliability in curing unsaturated polyester resins, serving industries from marine to construction.

Innovation Initiatives:

• Development of safer, easier-to-handle peroxide formulations.

• Strategic investments in sustainable production processes.

• Strong focus on R&D for high-performance curing solutions.

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9️⃣ 2. Arkema

Headquarters: Colombes, France
Key Offering: Luperox AFR40, Luperox ATC50

Arkema is a major global player in specialty chemicals and advanced materials. Its Luperox range of organic peroxides includes high-quality Dibenzoyl Peroxide Paste products designed for efficient curing in demanding applications like automotive parts and industrial composites.

Innovation Initiatives:

• Continuous improvement of product purity and performance.

• Expansion of production capacity to meet growing global demand.

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8️⃣ 3. United Initiators

Headquarters: Pullach, Germany
Key Offering: BPO Paste 50%, Custom formulations

United Initiators specializes in the manufacturing of initiators and catalysts for polymerization. The company offers a range of Dibenzoyl Peroxide Paste products known for their consistency and effectiveness in resin curing applications across Europe and Asia.

Innovation Initiatives:

• Focus on customized solutions for specific customer requirements.

• Investment in state-of-the-art manufacturing facilities.

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7️⃣ 4. Chinasun Specialty Products Co., Ltd.

Headquarters: Taixing, Jiangsu, China
Key Offering: Dibenzoyl Peroxide Paste (50%-52% purity)

Chinasun Specialty Products is a key Chinese manufacturer of organic peroxides, including Dibenzoyl Peroxide Paste. The company plays a significant role in supplying the domestic market and exports to other regions, supporting the growth of Asia’s composite materials industry.

Innovation Initiatives:

• Scaling production to meet rising demand in the Asia-Pacific region.

• Enhancing product quality control and safety standards.

Download FREE Sample Report:
Dibenzoyl Peroxide Paste Market – View in Detailed Research Report

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6️⃣ 5. MPI Chemie

Headquarters: Selangor, Malaysia
Key Offering: MPI-BPO-P50, Specialty Peroxide Pastes

MPI Chemie is a leading Asian manufacturer of organic peroxides and a critical supplier to the region’s polymer industry. The company’s Dibenzoyl Peroxide Paste is widely used in the production of fiberglass reinforced plastics (FRP) and other composite materials.

Innovation Initiatives:

• Strategic expansion of its product portfolio for diverse applications.

• Commitment to stringent safety and environmental protocols.

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5️⃣ 6. RAHA Group

Headquarters: Tehran, Iran
Key Offering: Dibenzoyl Peroxide 50% Paste

The RAHA Group is a significant producer of organic peroxides in the Middle East, supplying Dibenzoyl Peroxide Paste to various industrial sectors. The company serves markets where local production is crucial for supply chain stability and cost-effectiveness.

Innovation Initiatives:

• Focus on serving the specific needs of the Middle Eastern and regional markets.

• Investment in local R&D capabilities.

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4️⃣ 7. Lycus Ltd.

Headquarters: Texas, USA
Key Offering: Dibenzoyl Peroxide (Paste Form)

Lycus Ltd. is a US-based specialty chemical company providing high-purity chemical products, including Dibenzoyl Peroxide Paste. The company caters to the North American market, emphasizing quality and reliability for critical industrial applications.

Innovation Initiatives:

• Provision of high-purity, consistent-grade BPO paste.

• Strong customer support and technical service.

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3️⃣ 8. Shanghai Jiangsu Chemical Co., Ltd.

Headquarters: Shanghai, China
Key Offering: BPO Paste (Industrial Grade)

As a key chemical supplier in one of the world’s largest markets, Shanghai Jiangsu Chemical provides Dibenzoyl Peroxide Paste to a wide array of domestic manufacturers. The company is integral to the supply chain for China’s vast construction and manufacturing sectors.

Innovation Initiatives:

• Leveraging scale to ensure competitive pricing and supply stability.

• Adapting products to meet evolving industry standards.

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2️⃣ 9. Turkuaz Polyester

Headquarters: Istanbul, Turkey
Key Offering: Dibenzoyl Peroxide Paste for UPR curing

Turkuaz Polyester is a notable player in the EMEA region, specializing in chemicals for the polyester industry. Its Dibenzoyl Peroxide Paste is formulated to optimize the curing process for unsaturated polyester resins used in a variety of composite products.

Innovation Initiatives:

• Tailoring products for the construction and marine industries.

• Building a strong distribution network across Europe and the Middle East.

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1️⃣ 10. Novichem

Headquarters: Budapest, Hungary
Key Offering: Organic Peroxide Initiators, BPO Pastes

Novichem is a European chemical company focused on the production and distribution of initiators for the plastics and rubber industries. The company offers reliable Dibenzoyl Peroxide Paste solutions, supporting manufacturers with consistent quality and technical expertise.

Innovation Initiatives:

• Commitment to European quality and safety standards.

• Development of application-specific formulations.

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Dibenzoyl Peroxide Paste Market – View in Detailed Research Report

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🧪 Outlook: The Future of Polymer Curing is High-Performance and Regulated

The Dibenzoyl Peroxide Paste market is evolving in response to the demands of modern manufacturing. While its core application in unsaturated polyester resins remains dominant, growth is being fueled by advancements in material science and stricter regulatory standards for product safety and performance.

📈 Key Trends Shaping the Market:

• Rising Demand from the Construction Sector: Increased use of FRP composites in infrastructure projects.

• Automotive Lightweighting: Growing adoption of composite materials to reduce vehicle weight and improve fuel efficiency.

• Stringent Safety Regulations: A stronger focus on the safe handling, storage, and transportation of organic peroxides.

• Product Innovation: Development of pastes with improved stability, faster curing times, and lower emission profiles.

These trends underscore a market that is not only growing in volume but also advancing in sophistication. The companies profiled are at the forefront, ensuring the safe and efficient curing that modern industry depends on.

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