Hydrogen Peroxide Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	190 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185593

Best Price Guarantee
Price	from $4,850
Length	190 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185593

Hydrogen Peroxide Market

Growth Factors of Hydrogen Peroxide Market

The hydrogen peroxide market size was valued at USD 1.82 billion in 2023, and the market is now projected to grow from USD 1.89 billion in 2024 to USD 2.56 billion by 2032, exhibiting a CAGR of 3.8% during the forecast period of 2023-2030.

There was disallowing for the chemical from various sectors except the mining sector. This has forced industries to halt on operations and endorse the limited use of bleaching chemicals. On the other hand, there was growing knowledge of the significance of germicide and infectivity control in healthcare facilities. This has increased the order for hydrogen peroxide-based decontaminator and sanitizers. It was primarily for high-touch surfaces and patient care areas. Therefore, by and large the COVID-19 pandemic has prompted the hydrogen peroxide market growth.

Rising demand for hydrogen peroxide for water management systems is propelling the market growth. This chemical purifies water by killing microorganisms, decomposing organic impurity, and managing unpleasant odors. It is a helpful oxidizing agent and it controls smell. This compound acts as a chlorine-free alternative that meets strict environmental regulations. Advancements in water treatment technologies, such as advanced oxidation processes are attaching end-users and impelling the market growth. Hence, due to the growing adoption as a disinfectant in the water treatment industry is the major contributor for growing hydrogen peroxide market share globally.

The trend of growing implementation of H2O2 in the food and electronics sector is propelling the market growth. Food-grade hydrogen peroxide is used as a bleaching and antimicrobial agent in various fields such as cheese manufacturing, instant tea, and others. It is also permitted as a sterilizing agent in aseptic packaging. Therefore, companies are introducing new grades to meet the changing market trends and consequently expanding their market reach.

Comprehensive Analysis of Hydrogen Peroxide Market

The hydrogen peroxide market and chemicals & advanced materials industry is expanding at an exponential rate due to its market segmentation. This market growth effectively provides a detailed regional assessment in view of the dominant supply and demand forces that impact the bulk chemicals industry. These segmentations are methodically segregated by grade, type, and application. The grade is such as <35% and >35%. The type is disinfectant, bleaching agent, and others. However, the application includes pulp & paper, chemical synthesis, textile bleaching, water purification, home & personal care, and specialty applications.

The Asia Pacific region is conducive to the global hydrogen peroxide market, leading to a recall of USD 0.82 billion because of encouraging growth of end-use industries such as paper, textiles, and chemicals, among others. The flourishing textile industry in China, India, Bangladesh, Vietnam, and Indonesia generates a huge requirement for the compound.

The top players in the market play a crucial role in the bulk chemicals industry assuring industrial prospectus growth and setting market standards. These players are Solvay S.A. (Belgium), Evonik Industries A.G. (Germany), Arkema S.A. (France), Mitsubishi Gas Chemical Company Inc. (Japan), Kemira Oyj(Finland), Taekwang Industrial Co., Ltd.(South Korea), Thai Peroxide Ltd. (Thailand), Hansol Chemical Co. Ltd. (South Korea), OCI COMPANY Ltd. (South Korea), Nouryon (Netherlands), Indian Peroxide Ltd. (India), Gujarat Alkalies and Chemicals Ltd. (India), these market players present a level-playing competitive landscape.

In January 2024, Solvay and Huatai announced the development plans of their hydrogen peroxide manufacturing capacity in China to meet growing photovoltaic demand. The plan of this collaboration is to compose 48,000 tons/year of photovoltaic-grade hydrogen peroxide by 2025.

Segmentation Table

Global Hydrogen Peroxide Market Scope

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 3.8% (2024-2032)

Unit Value (USD Billion) and Volume (Kilo Tons)

Segmentation By Grade

- <35%

- >35%

By Type

- Disinfectant

- Bleaching Agent

- Others

By Application

- Pulp & Paper

- Chemical Synthesis

- Textile Bleaching

- Water Purification

- Home & Personal Care

- Specialty Applications

By Region

- North America (By Grade, By Type, By Application)

U.S. (By Type)
Canada (By Type)

- Europe (By Grade, By Type, By Application)

Germany (By Type)
U.K. (By Type)
France (By Type)
Italy (By Type)
Rest of Europe (By Type)

- Asia Pacific (By Grade, By Type, By Application)

China (By Type)
India (By Type)
Japan (By Type)
ASEAN (By Type)
Rest of Asia Pacific (By Type)

- Latin America (By Grade, By Type, By Application)

Brazil (By Type)
Mexico (By Type)
Rest of Latin America (By Type)

- The Middle East & Africa (By Grade, By Type, By Application)

Middle East (By Type)
Africa (By Type)

Please Note:

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Emerging Trends; 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.; 4.3. Latest Technological Advancement; 4.4. Insights on Regulatory Scenario; 4.5. Porters Five Forces Analysis; 4.6. Impact of COVID-19 on Global Plastic Additives Market
5. Global Hydrogen Peroxide Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Summary; 5.2. Market Size Estimates and Forecast; 5.2.1. By Grade (Value/Volume); 5.2.1.1. <35%; 5.2.1.2. >35%; 5.2.2. By Type (Value/Volume); 5.2.2.1. Disinfectants; 5.2.2.2. Bleaching Agents; 5.2.2.3. Others; 5.2.3. By Application (Value/Volume); 5.2.3.1. Pulp & Paper; 5.2.3.2. Chemical Synthesis; 5.2.3.3. Textile Bleaching; 5.2.3.4. Water Purification; 5.2.3.5. Home & Personal Care; 5.2.3.6. Specialty Applications; 5.2.4. By Region (Value/Volume); 5.2.4.1. North America; 5.2.4.2. Europe; 5.2.4.3. Asia Pacific; 5.2.4.4. Latin America; 5.2.4.5. Middle East & Africa
6. North America Hydrogen Peroxide Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. Market Size Estimates and Forecast; 6.2.1. By Grade (Value/Volume); 6.2.1.1. <35%; 6.2.1.2. >35%; 6.2.2. By Type (Value/Volume); 6.2.2.1. Disinfectants; 6.2.2.2. Bleaching Agents; 6.2.2.3. Others; 6.2.3. By Application (Value/Volume); 6.2.3.1. Pulp & Paper; 6.2.3.2. Chemical Synthesis; 6.2.3.3. Textile Bleaching; 6.2.3.4. Water Purification; 6.2.3.5. Home & Personal Care; 6.2.3.6. Specialty Applications; 6.2.4. By Country (Value/Volume); 6.2.4.1. U.S.; 6.2.4.1.1. By Type (Value/Volume); 6.2.4.1.1.1. Disinfectants; 6.2.4.1.1.2. Bleaching Agents; 6.2.4.1.1.3. Others; 6.2.4.2. Canada; 6.2.4.2.1. By Type (Value/Volume); 6.2.4.2.1.1. Disinfectants; 6.2.4.2.1.2. Bleaching Agents; 6.2.4.2.1.3. Others
7. Europe Hydrogen Peroxide Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. Market Size Estimates and Forecast; 7.2.1. By Grade (Value/Volume); 7.2.1.1. <35%; 7.2.1.2. >35%; 7.2.2. By Type (Value/Volume); 7.2.2.1. Disinfectants; 7.2.2.2. Bleaching Agents; 7.2.2.3. Others; 7.2.3. By Application (Value/Volume); 7.2.3.1. Pulp & Paper; 7.2.3.2. Chemical Synthesis; 7.2.3.3. Textile Bleaching; 7.2.3.4. Water Purification; 7.2.3.5. Home & Personal Care; 7.2.3.6. Specialty Applications; 7.2.4. By Country (Value/Volume); 7.2.4.1. Germany; 7.2.4.1.1. By Type (Value/Volume); 7.2.4.1.1.1. Disinfectants; 7.2.4.1.1.2. Bleaching Agents; 7.2.4.1.1.3. Others; 7.2.4.2. UK; 7.2.4.2.1. By Type (Value/Volume); 7.2.4.2.1.1. Disinfectants; 7.2.4.2.1.2. Bleaching Agents; 7.2.4.2.1.3. Others; 7.2.4.3. France; 7.2.4.3.1. By Type (Value/Volume); 7.2.4.3.1.1. Disinfectants; 7.2.4.3.1.2. Bleaching Agents; 7.2.4.3.1.3. Others; 7.2.4.4. Italy; 7.2.4.4.1. By Type (Value/Volume); 7.2.4.4.1.1. Disinfectants; 7.2.4.4.1.2. Bleaching Agents; 7.2.4.4.1.3. Others; 7.2.4.5. Rest of Europe; 7.2.4.5.1. By Type (Value/Volume); 7.2.4.5.1.1. Disinfectants; 7.2.4.5.1.2. Bleaching Agents; 7.2.4.5.1.3. Others
8. Asia-Pacific Hydrogen Peroxide Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. Market Size Estimates and Forecast; 8.2.1. By Grade (Value/Volume); 8.2.1.1. <35%; 8.2.1.2. >35%; 8.2.2. By Type (Value/Volume); 8.2.2.1. Disinfectants; 8.2.2.2. Bleaching Agents; 8.2.2.3. Others; 8.2.3. By Application (Value/Volume); 8.2.3.1. Pulp & Paper; 8.2.3.2. Chemical Synthesis; 8.2.3.3. Textile Bleaching; 8.2.3.4. Water Purification; 8.2.3.5. Home & Personal Care; 8.2.3.6. Specialty Applications; 8.2.4. By Country (Value/Volume); 8.2.4.1. China; 8.2.4.1.1. By Type (Value/Volume); 8.2.4.1.1.1. Disinfectants; 8.2.4.1.1.2. Bleaching Agents; 8.2.4.1.1.3. Others; 8.2.4.2. India; 8.2.4.2.1. By Type (Value/Volume); 8.2.4.2.1.1. Disinfectants; 8.2.4.2.1.2. Bleaching Agents; 8.2.4.2.1.3. Others; 8.2.4.3. Japan; 8.2.4.3.1. By Type (Value/Volume); 8.2.4.3.1.1. Disinfectants; 8.2.4.3.1.2. Bleaching Agents; 8.2.4.3.1.3. Others; 8.2.4.4. ASEAN; 8.2.4.4.1. By Type (Value/Volume); 8.2.4.4.1.1. Disinfectants; 8.2.4.4.1.2. Bleaching Agents; 8.2.4.4.1.3. Others; 8.2.4.5. Rest of Asia Pacific; 8.2.4.5.1. By Grade (Value/Volume); 8.2.4.5.1.1. Disinfectants; 8.2.4.5.1.2. Bleaching Agents; 8.2.4.5.1.3. Others
9. Latin America Hydrogen Peroxide Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. Market Size Estimates and Forecast; 9.2.1. By Grade (Value/Volume); 9.2.1.1. <35%; 9.2.1.2. >35%; 9.2.2. By Type (Value/Volume); 9.2.2.1. Disinfectants; 9.2.2.2. Bleaching Agents; 9.2.2.3. Others; 9.2.3. By Application (Value/Volume); 9.2.3.1. Pulp & Paper; 9.2.3.2. Chemical Synthesis; 9.2.3.3. Textile Bleaching; 9.2.3.4. Water Purification; 9.2.3.5. Home & Personal Care; 9.2.3.6. Specialty Applications; 9.2.4. By Country (Value/Volume); 9.2.4.1. Brazil; 9.2.4.1.1. By Type (Value/Volume); 9.2.4.1.1.1. Disinfectants; 9.2.4.1.1.2. Bleaching Agents; 9.2.4.1.1.3. Others; 9.2.4.2. Mexico; 9.2.4.2.1. By Type (Value/Volume); 9.2.4.2.1.1. Disinfectants; 9.2.4.2.1.2. Bleaching Agents; 9.2.4.2.1.3. Others; 9.2.4.3. Rest of Latin America; 9.2.4.3.1. By Type (Value/Volume); 9.2.4.3.1.1. Disinfectants; 9.2.4.3.1.2. Bleaching Agents; 9.2.4.3.1.3. Others
10. Middle East & Africa Hydrogen Peroxide Market Analysis, Insights and Forecast, 2019-2032: 10.1. Key Findings / Summary; 10.2. Market Size Estimates and Forecast; 10.2.1. By Grade (Value/Volume); 10.2.1.1. <35%; 10.2.1.2. >35%; 10.2.2. By Type (Value/Volume); 10.2.2.1. Disinfectants; 10.2.2.2. Bleaching Agents; 10.2.2.3. Others; 10.2.3. By Application (Value/Volume); 10.2.3.1. Pulp & Paper; 10.2.3.2. Chemical Synthesis; 10.2.3.3. Textile Bleaching; 10.2.3.4. Water Purification; 10.2.3.5. Home & Personal Care; 10.2.3.6. Specialty Applications; 10.2.4. By Country (Value/Volume); 10.2.4.1. Middle East; 10.2.4.1.1. By Type (Value/Volume); 10.2.4.1.1.1. Disinfectants; 10.2.4.1.1.2. Bleaching Agents; 10.2.4.1.1.3. Others; 10.2.4.2. Africa; 10.2.4.2.1. By Type (Value/Volume); 10.2.4.2.1.1. Disinfectants; 10.2.4.2.1.2. Bleaching Agents; 10.2.4.2.1.3. Others
11. Competitive Analysis: 11.1. Company Market Share/Ranking Analysis, By Key Players, 2023; 11.2. Company Profiles; 11.2.1. Solvay SA; 11.2.1.1. Overview; 11.2.1.2. Description; 11.2.1.3. Grade Portfolio; 11.2.1.4. Financials (As per Availaibity); 11.2.1.5. Recent Developments; 11.2.2. Evonik Industries A.G.; 11.2.2.1. Overview; 11.2.2.2. Description; 11.2.2.3. Grade Portfolio; 11.2.2.4. Financials (As per Availaibity); 11.2.2.5. Recent Developments; 11.2.3. Arkema S.A.; 11.2.3.1. Overview; 11.2.3.2. Description; 11.2.3.3. Grade Portfolio; 11.2.3.4. Financials (As per Availaibity); 11.2.3.5. Recent Developments; 11.2.4. Mitsubishi Gas Chemical Company Inc.; 11.2.4.1. Overview; 11.2.4.2. Description; 11.2.4.3. Grade Portfolio; 11.2.4.4. Financials (As per Availaibity); 11.2.4.5. Recent Developments; 11.2.5. Kemira Oyj; 11.2.5.1. Overview; 11.2.5.2. Description; 11.2.5.3. Grade Portfolio; 11.2.5.4. Financials (As per Availaibity); 11.2.5.5. Recent Developments; 11.2.6. Taekwang Industrial Co., Ltd.; 11.2.6.1. Overview; 11.2.6.2. Description; 11.2.6.3. Grade Portfolio; 11.2.6.4. Financials (As per Availaibity); 11.2.6.5. Recent Developments; 11.2.7. Thai Peroxide Ltd.; 11.2.7.1. Overview; 11.2.7.2. Description; 11.2.7.3. Grade Portfolio; 11.2.7.4. Financials (As per Availaibity); 11.2.7.5. Recent Developments; 11.2.8. Hansol Chemical Co. Ltd.; 11.2.8.1. Overview; 11.2.8.2. Description; 11.2.8.3. Grade Portfolio; 11.2.8.4. Financials (As per Availaibity); 11.2.8.5. Recent Developments; 11.2.9. OCI COMPANY Ltd.; 11.2.9.1. Overview; 11.2.9.2. Description; 11.2.9.3. Grade Portfolio; 11.2.9.4. Financials (As per Availaibity); 11.2.9.5. Recent Developments; 11.2.10. Nouryan; 11.2.10.1. Overview; 11.2.10.2. Description; 11.2.10.3. Grade Portfolio; 11.2.10.4. Financials (As per Availaibity); 11.2.10.5. Recent Developments; 11.2.11. Indian Peroxide Ltd.; 11.2.11.1. Overview; 11.2.11.2. Description; 11.2.11.3. Grade Portfolio; 11.2.11.4. Financials (As per Availaibity); 11.2.11.5. Recent Developments; 11.2.12. Gujarat Alkalies and Chemicals Ltd.; 11.2.12.1. Overview; 11.2.12.2. Description; 11.2.12.3. Grade Portfolio; 11.2.12.4. Financials (As per Availaibity); 11.2.12.5. Recent Developments; 11.2.13. Other Key Players; 11.2.13.1. Overview; 11.2.13.2. Description; 11.2.13.3. Grade Portfolio; 11.2.13.4. Financials (As per Availaibity); 11.2.13.5. Recent Developments
12. Strategic Recommendations