The Indian hydrogen peroxide market is estimated to reach 314.2 kilotons by the end of this year. It is projected to reach 399.29 kilotons in the next five years, registering a CAGR of 4% during the forecast period.
The market was negatively impacted by the COVID-19 pandemic due to the shutdown of manufacturing units and disruption in the supply chain. Currently, the market has recovered from the impacts of the pandemic and is growing at a significant rate.
The Indian hydrogen peroxide market is consolidated in nature. The major players (not in any particular order) include Aditya Birla Chemicals, Gujarat Alkalies and Chemical Limited, Indian Peroxide Limited, Meghmani Finechem Limited (MFL), and National Peroxide Limited, among others.
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