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The Europe hydrogen peroxide market is currently witnessing moderate growth. Hydrogen peroxide is a pale blue transparent liquid that can easily break down or decompose into water and oxygen. It is unstable in nature and plays a crucial role in host defense and oxidative biosynthetic reactions. In Europe, the demand for hydrogen peroxide has escalated over the years in a wide number of applications ranging from the oil and gas to the water treatment industries.
The Europe hydrogen peroxide market is primarily driven by the implementation of strict environmental laws and regulations against the use of chlorine-based bleaches. These stringent rules have increased the demand for hydrogen peroxide on account of its emission-free and eco-friendly nature. It is also a cost-effective chemical compound which is used in recycling paper, and various water treatment and pollution control applications. This has provided a positive impact on the growth of the market. Furthermore, the recent outbreak of the coronavirus disease (COVID-19) has resulted in the rising incidences of hospital-acquired diseases. This has prompted various healthcare facilities to use hydrogen peroxide as a disinfectant for sanitizing spaces and equipment. Due to these factors, the market is expected to continue its moderate growth during the forecast period (2020-2025).
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe hydrogen peroxide market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, application and end use.
Breakup by Application:
Breakup by End Use:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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