Benzoyl Peroxide (BPO) is an organic peroxide class chemical majorly used in the pharmaceutical, food, and chemical polymerization industries. BPO is a topical antibacterial agent that has been a mainstay in the treatment of acne vulgaris. The typical concentration of BPO is 2.5% to 10% for both prescription and over the counter drug preparations. It is a powerful bleaching agent, and its higher concentrations are used for textile bleaching, hair bleaching, and teeth whitening. The purity of BPO used in food products is usually less than 22%.
Excess skin oil and bacteria, improper food habits, hormonal changes, and smoking are the major reason for growing acne problems in the people, hence expanding the demand and boosting market growth. Benzoyl peroxide is used as an antimicrobial and anti-inflammatory agent. It is also used in combinational drugs. These factors are driving the benzoyl peroxide market, thus Industry ARC report projects profitable projection in the benzoyl peroxide market during the forecast period of 2018-2023. The report is titled “
Benzoyl Peroxide Market: By Quality Index; By End users; By Appearance; & By Geography – Forecast (2018 - 2023).”
Browse 136 slides and an in-depth TOC on “
(2018 - 2023)
BPO is available in a different form such as gel, lotion, cream, powder, and liquid with different concentration for applications such as face cleanser, face wash, and fabric cleaner. BPO is also classified as one of the World Health Organization’s (WHO) essential medicine, popularly used to treat dermatological infections and burns. However, BPO causes some common side effects such as skin irritation, redness, and itching to sensitive skin.
Benzoyl peroxide is used as a convenient oxidant in organic chemistry, finding application for the preparations of bleached flour wherein it works as an initiator and catalyst for polyester thermoset resin as an alternative to more hazardous methyl ethyl ketone peroxide that is used in fiberglass and removing ink and dye stains on vinyl dolls. Concentrated BPO is potentially explosive like other organic peroxides, and can cause fire without external ignition. The hazard is subtle for the pure material, so the compound is generally used as a solution or a paste.
Benzoyl Peroxide Market: Disruptive Trend
Disposable income is increasing among the urban population, and a substantial chunk of that income is being spent on the 0appearance by these populations. Rapid urbanization, the rising trend of spending and growing concerns towards cosmetics among consumers. Social media has cultivated a trend of online profiling, which makes the appearance even more important. These trends are major benzoyl peroxide market boosting factors.
Prominent manufacturers of BPO such as Parchem fine & specialty chemicals, Akzo Nobel N.V, Lyondell Basell Industries Holdings B.V, United Initiators and Lanxess Deutschland implementing strategies such as enhancing their manufacturing footprints, acquisition, new product launches, and geographical expansion for improving market position and competing with existing players to experience maximum sales and revenue.
Usage of benzoyl peroxide in personal care and medicinal industry will remain profitably constant in the near future, and so will its applications across the textile and chemical industries. Rising concern about appearance and good looking skin is the major factor boosting the benzoyl peroxide market. Key players are enhancing their manufacturing strategies and creating several attractive products for consumers to maximize their profit.
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