Hydrogen Peroxide Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Grade (<35% and >35%), By Type (Disinfectant, Bleaching Agent, and Others), By Application (Pulp & Paper, Chemical Synthesis, Textile, Bleaching, Water Purification, Home & Personal Care, Specialty Chemicals, and Others), By Region
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationHydrogen Peroxide Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Grade (<35% and >35%), By Type (Disinfectant, Bleaching Agent, and Others), By Application (Pulp & Paper, Chemical Synthesis, Textile, Bleaching, Water Purification, Home & Personal Care, Specialty Chemicals, and Others), By Region
Global Hydrogen Peroxide Market is anticipated to enjoy staggering growth with an impressive CAGR over the forecast period due to increasing demand across various industrial applications like bleaching, etc.
According to a scientific research report, the global production of hydrogen peroxide reached 5 million tons per year by 2022
Wide applicability across different industrial segments
Across different industrial and commercial applications, hydrogen peroxide (strong chemical oxidizing agent) provides multiple functions. For instance, strong bleaching attributes can make paper and textile bleaching more suitable. It also has diverse applications in the healthcare industry, like it is utilized as an antiseptic and antimicrobial agent. Evonik, which is a leading supplier of hydrogen peroxide, produces various grades of super pure hydrogen peroxide that are utilized in semiconductor and electronics manufacturing processes. These products are used by a broad spectrum of end use applications like cost effective display (LED), legacy analog, and digital & power devices. In the semiconductor industry, pure hydrogen peroxide plays a significant role in the integrated circuit manufacturing process. Additionally, hydrogen peroxide is used as an oxidizing agent in both tungsten and copper CMP processes. Hydrogen peroxide is an economical and powerful oxidizing agent that has found many applications in the chemical industry to produce organic compounds. It is a more efficient oxidizing agent than potassium dichromate or permanganate. It proves to be a stable and safe chemical when handled correctly.
Growing demand from Pulp & Paper Industry
In Pulp and Paper Industry, hydrogen peroxide is applied as a versatile bleaching agent for the treatment of natural and synthetic fibers (cotton, wool, silk, and rayon). One of the main factors influencing the hydrogen peroxide market is the rising consumption in the paper and pulp application area. The paper and pulp industry uses hydrogen peroxide to bleach material. Hydrogen peroxide is used in the paper and pulp industry to delignify and bleach cellulose, bleach pulp, and recycle wastepaper (de-inking). The increased usage of paper in the packaging and personal care industries is driving the growth of the global market for hydrogen peroxide. It has been discovered to be successful in bleaching recycled pulp. When fibers are used again to make tissue grades or printing papers, removing the printing ink is a crucial step in the recycling of paper.
Recent Trends & Developments
In 2021, a plant with 200,000 metric tons of propylene oxide in Hungary is set-up and being currently operated for commercial purposes
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Market Segmentation
The Global Hydrogen Peroxide Market is segmented based on Grade, Type, Application, company, and regional distribution. Based on Grade, the market is bifurcated into <35% and >35%. Based on Type, the market is segmented into Disinfectant, Bleaching Agent, and Others. Based on Application, the market can be divided into Pulp & Paper, Chemical Synthesis, Textile, Bleaching, Water Purification, Home & Personal Care, Specialty Chemicals, and Others.
Company Profiles
Solvay S.A., Arkema S.A., Evonik Industries AG, Mitsubishi Gas Chemicals Company, Nouryon Holding B.V., FMC Corporation, Santoku Chemicals Industries Co., Ltd., Chang Chun Petrochemical Co., Ltd, Hansoi Chemical Co. Ltd and Kemira Oyj are among the major market players in the Global Hydrogen Peroxide market
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Attribute |
Details |
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Base
Year |
2022 |
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Historic
Data |
2018 –
2021 |
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Estimated
Year |
2023 |
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Forecast
Period |
2024 – 2028 |
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Quantitative
Units |
Revenue
in USD Million, Volume in Units, CAGR for 2018-2022 and 2023-2028 |
|
Report
Coverage |
Revenue
forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors,
and Trends |
|
Segments
Covered |
·
By Grade ·
By Type ·
By Application |
|
Key
Companies Profiled |
Solvay S.A.,
Arkema S.A., Evonik Industries AG, Mitsubishi Gas Chemicals Company, Nouryon
Holding B.V., FMC Corporation, Santoku Chemicals Industries Co., Ltd., Chang
Chun Petrochemical Co., Ltd, Hansoi Chemical Co. Ltd and Kemira Oyj |
|
Regional
Scope |
North
America; Europe; Asia Pacific; South America; Middle East & Africa |
|
Country
Scope |
United
States, Mexico, Canada, Netherlands, Belgium, Germany, Sweden, Austria,
Spain, United Kingdom, South Korea, Thailand, Singapore, Japan, China,
Brazil, Colombia, Argentina, South Africa, Saudi Arabia, UAE, and Turkey. |
|
Customization
Scope |
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope. |
|
Pricing
and Purchase Options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
|
Delivery
Format |
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/pdf
format on special request) |
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