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Hydrogen Peroxide Market

Hydrogen Peroxide Market Size and Segmentation 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), by Regions and Global Forecast 2023-2030

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.

Hydrogen Peroxide Market Revenue 2030

Market Dynamics:

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.

Opportunity:

  • Investment in research and development.

  • create and commercialize a new generation of hydrogen peroxide.

Challenge:

  • 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.

Key players:

Evonik Industries, SolvayAditya Birla Chemicals, Gujarat Alkalies, Hansol Chemical CO. Ltd, Chang Chun Petrochemical, Akzo Nobel, Kemira Oyj, National Peroxide Limited, Arkema S. A., and other players.

Market Segmentation:

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

Hydrogen Peroxide Market Segment Pie Chart

Regional Analysis:

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.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

 

Hydrogen Peroxide Market Report Scope:
Report Attributes Details
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
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 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

8.1 Standard

8.2 Chemical

8.3 Cosmetic

8.4 Aseptic

8.5 Food

8.6 Semiconductor

 

9. Global Hydrogen Peroxide Market Segment, By Application

9.1 Bleaching

9.2 Oxidation

9.3 Environmental

9.4 Packaging

9.5 Disinfectant

9.6 Propellant

9.7 Others

 

10. Global Hydrogen Peroxide Market Segment, By Industry

10.1 Pulp and paper

10.2 Textile

10.3 Chemical

10.4 Food and beverage

10.5 Personal care and cosmetics

10.6 Healthcare

10.7 Electronics

10.8 Mining

10.9 Others

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2Argentina

11.6.3 Rest of Latin America

 

 

12. Company Profile

12.1 Evonik industries

12.1.1 Financial

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

12.4 Solvay

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.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share Analysis

13.3 Recent Developments

 

14. Conclusion

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Secondary Research

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