Benzoyl Peroxide and Chloride Market

Benzoyl peroxide and chloride market: get access to newly released statistics enhanced by an Ai-driven BI tool. Statistics provide companies, market size, market prices, trade, production, exports, consumption, and imports. Here is a split by region, including the U.S., the U.K., Latin America, the Middle East, EU, Africa, Russia, and China. Market dynamics and outlook to 2030 are also featured in the reports.

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Benzoyl Peroxide and Chloride - World's Largest Markets

In value terms, Germany, China and the United States constituted the countries with the highest levels of market value in 2020, with a combined 38% share of the global market. Canada, Japan, the UK, South Korea, Turkey, the Netherlands, Taiwan (Chinese), Brazil, Mexico and India lagged somewhat behind, together comprising a further 30%.

In terms of the main consuming countries, Japan (+59.0% per year) saw the highest growth rate of market size, over the period under review, while benzoyl peroxide and chloride market for the other global leaders experienced more modest paces of growth.

Benzoyl Peroxide And Chloride Prices

Benzoyl Peroxide and Chloride - Top Importers

In value terms, the United States ($18M), Germany ($17M) and Italy ($7.9M) constituted the countries with the highest levels of imports in 2020, with a combined 28% share of global imports. South Korea, Poland, Belgium, Turkey, the Netherlands, the UK, India, Taiwan (Chinese), Mexico and Indonesia lagged somewhat behind, together accounting for a further 33%.

Among the main importing countries, India recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Benzoyl Peroxide and Chloride - Top Exporters

In value terms, Germany ($41M) remains the largest benzoyl peroxide and chloride supplier worldwide, comprising 24% of global exports. The second position in the ranking was occupied by Belgium ($20M), with a 12% share of global exports. It was followed by Italy, with a 11% share.

From 2018 to 2020, the average annual growth rate of value in Germany amounted to -1.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (+26.2% per year) and Italy (+2.2% per year).

Benzoyl Peroxide and Chloride - Market Forecast

Driven by rising demand for benzoyl peroxide and chloride worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Benzoyl Peroxide and Chloride - Product Coverage

• HS 291632 - Acids; aromatic monocarboxylic acids, benzoyl peroxide and benzoyl chloride