Hydrogen Peroxide Market, by Product Type (35% Hydrogen Peroxide, 50% Hydrogen Peroxide, and Others), by Application (Paper & Pulp, Textile, Chemical Synthesis, Wastewater Treatment, Personal & Home Care Products, Food, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Hydrogen peroxide (H2O2) is manufactured by anthraquinone process, in which 2-ethyl-9,10-dihydroxyanthracene (C16H14O2) is converted to 2-ethylanthraquinone (C16H12O2) and further to form hydrogen peroxide (H2O2). Major part of hydrogen peroxide is used to produce propylene oxide and rest is made available for different industrial applications. Hydrogen peroxide is available in the market at different concentrations. As per concentration, it is used for respective applications. For instance, highly concentrated hydrogen peroxide are used in industrial applications.
Market Dynamics
Hydrogen peroxide is a green oxidant that decomposes in water and oxygen. It has major applications in bleaching, disinfection, intermediate chemical synthesis, and cleaning/etching. Additionally, hydrogen peroxide is used in mining applications. In 2021, the pulp and paper industry holds dominant share in the hydrogen peroxide market, owing to increasing use of hydrogen peroxide in pulp bleaching and recycled paper deinking. The growth of the pulp industry in Southeast Asia has been particularly strong. Therefore, production of hydrogen peroxide by leading manufacturers is increasing across the Asia Pacific region.
Stringent regulations imposed by agencies such as Occupational Safety and Health Administration (OSHA) based on exposure of hydrogen peroxide is expected to act as a restraint to the hydrogen peroxide market growth. Also, policies implemented by regulatory agencies such as the Food & Drug Administration (FDA), Environmental Protection Agency (EPA), and Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) is expected to hinder growth of the hydrogen peroxide market over the forecast period.
Key manufacturers of hydrogen peroxide are focusing on expanding their production capacities to meet rising demand from customers. For instance, in July 2021, the Hansol Chemical Company expanded its hydrogen peroxide concentration plant in Ulsan, South Korea. Moreover, in February 2019, the company expanded its hydrogen peroxide plant in Jeonju, South Korea. Such activities by leading players are positively impacting growth of the hydrogen peroxide market.
Key features of the study:
This report provides in-depth analysis of the global hydrogen peroxide market and provides market size (US$ Million & Kilo Tons) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global hydrogen peroxide market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Arkema S.A., Evonik Industries A.G., Solvay S.A., Mitsubishi Gas Chemical Company, Inc., Kemira Oyj, Thai Peroxide Limited (TPL), Taekwang Industrial Co., Ltd., PeroxyChem LLC, Hansol Chemical, and Nouryon among others
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global hydrogen peroxide market report caters to various stakeholders in this industry including investors, suppliers, hydrogen peroxide manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the hydrogen peroxide market
Detailed Segmentation:
Global Hydrogen Peroxide Market, By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
Global Hydrogen Peroxide Market, By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Global Hydrogen Peroxide Market, By Region:
North America
U.S.
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Canada
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Latin America
Brazil
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Mexico
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Argentina
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Rest of Latin America
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Europe
U.K.
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Germany
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Italy
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
France
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Spain
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Russia
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Rest of Europe
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Asia Pacific
China
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
India
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Japan
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
South Korea
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Vietnam
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Singapore
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Malaysia
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Thailand
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Indonesia
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Rest of Asia Pacific
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Middle East
GCC
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Israel
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Rest of Middle East
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Africa
South Africa
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Rest of Africa
By Product Type:
35% Hydrogen Peroxide
50% Hydrogen Peroxide
Others
By Application:
Paper & Pulp
Textiles
Chemical Synthesis
Wastewater Treatment
Personal & Home Care Products
Food
Others
Company Profiles
Arkema S.A.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Evonik Industries A.G.
Solvay S.A.
Mitsubishi Gas Chemical Company, Inc.
Kemira Oyj
Thai Peroxide Limited (TPL)
Taekwang Industrial Co., Ltd.
PeroxyChem LLC
Hansol Chemical
Nouryon
“*” marked represents similar segmentation in other categories in the respective section.
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