Europe Polymerization Initiator Market Size & Outlook
The polymerization initiator market in Europe is expected to reach a projected revenue of US$ 619.6 million by 2030. A compound annual growth rate of 4% is expected of Europe polymerization initiator market from 2024 to 2030.
Revenue, 2023 (US$M)
$469.8
Forecast, 2030 (US$M)
$619.6
CAGR, 2024 - 2030
4%
Report Coverage
Europe
Europe polymerization initiator market highlights
- The Europe polymerization initiator market generated a revenue of USD 469.8 million in 2023.
- The market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, persulfate was the largest revenue generating product in 2023.
- Persulfate is the most lucrative product segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 469.8 million |
| Market revenue in 2030 | USD 619.6 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Persulfate |
| Fastest growing segment | Persulfate |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Persulfate |
| Key market players worldwide | Basf SE, Arkema SA, Akzo Nobel NV, Celanese Corp Class A, United Initiators, Lanxess AG, Adeka Corp, Nouryon, Tokyo Chemical Industry |
Other key industry trends
- In terms of revenue, Europe region accounted for 12.4% of the global polymerization initiator market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 1,419.7 million by 2030.
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Polymerization Initiator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| United Initiators | View profile | 501-1000 | Pullach, Bayern, Germany, Europe | http://www.united-initiators.com/ |
| Adeka Corp | View profile | 5494 | 7-2-35 Higashi-ogu, Arakawa-ku, Tokyo, Japan, 116-8554 | http://www.adeka.co.jp |
| Tokyo Chemical Industry | View profile | 501-1000 | Chennai, Tamil Nadu, India, Asia | https://www.tcichemicals.com/ |
| Nouryon | View profile | - | - | |
| Lanxess AG | View profile | 12621 | Kennedyplatz 1, Cologne, Germany, 50569 | https://www.lanxess.com |
| Akzo Nobel NV | View profile | 35500 | Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW | https://www.akzonobel.com |
| Celanese Corp Class A | View profile | 12410 | 222 West Las Colinas Boulevard, Suite 900N, Irving, TX, United States, 75039-5421 | https://www.celanese.com |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
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