Report Id: SNS/C&M/1287 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Hydrogen Peroxide Market was valued at USD 3.46 billion in 2022 and is expected to reach USD 5.31 billion by 2030, and grow at a CAGR of 5.5% over the forecast period 2023-2030.
Hydrogen peroxide is a non-toxic, environmentally friendly chemical that readily dissolves in water. It may oxidise a wide range of organic and inorganic substances, including metals and skin. For consumers, it is usually available in pharmacies in concentrations of 3 and 6 wt percent. China currently produces more than a third of the world's hydrogen peroxide. Hydrogen peroxide is commonly used in the manufacturing of paper and wood pulp. The two industries that consume the most hydrogen peroxide are these two. During the preview period, these two industries' combined market share for hydrogen peroxide reached 50%. Due to different growth reasons and expanding application prospects, the hydrogen peroxide market share is steadily increasing each year.
Increasing Demand for paper and pulp industries.
Businesses that use chemicals in the manufacturing process.
Niche applications are becoming more popular.
Several governments are striving to curb its production and use around the world.
Investment in research and development.
create and commercialize a new generation of hydrogen peroxide.
To develop newer generations of hydrogen peroxide.
Hydrogen peroxide poses both health and environmental risks.
Impact of Covid-19:
The pandemic period was challenging for the hydrogen peroxide market to flourish because of the severe shutdown restrictions. The market was put under strain when the supply of raw materials was disrupted for an extended period due to travel restrictions. Manufacturing and other industrial units halted operations until the lockout was lifted, lowering production rates and causing growth numbers to fall. Customers were unable to get their orders on time, severely disrupting the supply chain process. The key stakeholders are striving to compensate for the pandemic's loss by implementing new methods and plans and addressing the issues. Future product development and enhancements are undertaken to keep the market's expansion constant.
Evonik Industries, Solvay, Aditya Birla Chemicals, Gujarat Alkalies, Hansol Chemical CO. Ltd, Chang Chun Petrochemical, Akzo Nobel, Kemira Oyj, National Peroxide Limited, Arkema S. A., and other players.
Pulp and paper
Food and beverage
Personal care and cosmetics
According to the global market segmentation of hydrogen peroxide, the market is divided into Asia-Pacific, North America, Europe, Latin America, and the Middle East and North Africa. The Asia-Pacific area has the greatest hydrogen peroxide market share in the preview market study, according to this research and development report regional analysis of the hydrogen peroxide market. Furthermore, the Asia-Pacific area has the largest regional CAGR, owing to the increasing growth of pulp, textiles, and papermakers in this region. Furthermore, the market for hydrogen peroxide is expected to rise as environmental concerns about the effects of industrialization develop. Countries such as India and China are seeing an increase in the demand for wastewater treatment facilities, which is driving up the price of hydrogen peroxide. Furthermore, because many of the businesses that use hydrogen peroxide are headquartered in Canada and America, the North American market for hydrogen peroxide is substantial. Due to the existence of the majority of significant enterprises that use hydrogen peroxide, the United States has the largest market share of any region in the world.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 3.46 Billion|
|Market Size by 2030||US$ 5.31 Billion|
|CAGR||CAGR of 5.5% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Grade (Standard, Chemical, Cosmetic, Aseptic, Food, Semiconductor)
• By Application (Bleaching, Oxidation, Environmental, Packaging, Disinfectant, Propellant, Others)
• By Industry (Pulp and paper,Textile, Chemical, Food and beverage, Personal care and cosmetics, Healthcare, Electronics, Mining, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Evonik Industries, Solvay, Aditya Birla Chemicals, Gujarat Alkalies, Hansol Chemical CO. Ltd, Chang Chun Petrochemical, Akzo Nobel, Kemira Oyj, National Peroxide Limited, Arkema S. A., and other players.|
|DRIVERS||• Increasing Demand for paper and pulp industries.
• Businesses that use chemicals in the manufacturing process.
• Niche applications are becoming more popular.
|RESTRAINTS||• Several governments are striving to curb its production and use around the world.|
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: The pandemic period was challenging for the hydrogen peroxide market to flourish because of the severe shutdown restrictions. The market was put under strain when the supply of raw materials was disrupted for an extended period due to travel restrictions. Manufacturing and other industrial units halted operations until the lockout was lifted, lowering production rates and causing growth numbers to fall. Customers were unable to get their orders on time, severely disrupting the supply chain process.
Ans: To develop newer generations of hydrogen peroxide and Hydrogen peroxide poses both health and environmental risks are the challenges faced by the Hydrogen Peroxide Market.
Ans: Increasing Demand for paper and pulp industries, Business those use chemical in manufacturing process and Niche applications are becoming more popular are the drivers for Hydrogen Peroxide Market.
Ans: Global Hydrogen Peroxide Market Size was valued at USD 3.28 billion in 2021 and USD 4.77 billion by 2028 grow expected to reach at a CAGR of 5.5 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
184.108.40.206 United Kingdom
220.127.116.11 South Korea
18.104.22.168 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Hydrogen Peroxide Market Segment, By Grade
9. Global Hydrogen Peroxide Market Segment, By Application
10. Global Hydrogen Peroxide Market Segment, By Industry
10.1 Pulp and paper
10.4 Food and beverage
10.5 Personal care and cosmetics
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profile
12.1 Evonik industries
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Hansol Chemical CO. Ltd
12.3 Chang Chun Petrochemical
12.5 Akzo Nobel
12.6 Aditya Birla Chemicals
12.7 Kemira Oyj
12.8 Gujarat Alkalies
12.9 National Peroxide Limited
12.10 Arkema S.A.
13.1 Competitive Benchmark
13.2 Market Share Analysis
13.3 Recent Developments
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