Market Overview:
The global hydrogen peroxide market size reached US$ 3.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.1 Billion by 2028, exhibiting a growth rate (CAGR) of 3.8% during 2023-2028.
It occurs as a pale blue, clear liquid in its pure form and is slightly more viscous than water. Apart from this, hydrogen peroxide is unstable in nature due to which it is usually stored in a weak acidic solution with a stabiliser. It has strong oxidizing properties that makes it a powerful bleaching agent that is largely used for bleaching paper, but has also found applications as a disinfectant and as an oxidizer. Hydrogen peroxide in the form of carbamide peroxide also has applications for tooth whitening, both in professionally- and in self-administered products.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Environmental laws and regulations play a vital role in propelling the market growth owing to the emission-free and eco-friendly properties of hydrogen peroxide. This has contributed to the rising preference among consumers to use this chemical for several water treatment and pollution control applications. In addition to this, hydrogen peroxide is utilised in a wide range of end-use industries such as chemical, electronics, paper and pulp, mining, etc. Its demand has also been increasing in bleach products for the purpose of removing chlorine compounds through bleaching processes. Moreover, the cost-effective nature of hydrogen peroxide and rising demand for recycled paper have also positively influenced this market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hydrogen peroxide market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on application and end-use.
Breakup by Application:
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Chemical Synthesis
- Bleaching
- Disinfectant
- Cleaning and Etching
- Others
Based on the application, the market has been segmented as chemical synthesis, bleaching, disinfectant, cleaning and etching, and others. Currently, chemical synthesis dominates the market, holding the largest share.
Breakup by End-Use:
- Pulp and Paper
- Food and Beverages
- Water Treatment
- Textiles and Laundry
- Oil and Gas
- Healthcare
- Electronics
- Others
On the basis of end-use, pulp and paper represent the largest segment.
Breakup by Region:
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- Asia Pacific
- Europe
- Middle East and Africa
- North America
- Latin America
Region-wise, the market has been segmented into Asia Pacific, Europe, Middle East and Africa, North America, and Latin America. Amongst these, Asia Pacific is the biggest market, accounting for majority of the market share.
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players being Solvay, Evonik, Arkema, Kemira Oyj, FMC Corporation, EkO Peroxide LLC (acquired by AkzoNobel), Mitsubishi Gas Chemical Company, PeroxyChem LLC, Aditya Birla Chemicals Limited, Kingboard Chemical Holdings Ltd, BASF SE, Merck, Chang Chun Petrochemical, Guangdong Zhongcheng Chemicals and Hansol Chemical.
This report provides a deep insight into the global hydrogen peroxide market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the hydrogen peroxide market in any manner.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2022 |
Historical Period |
2017-2022 |
Forecast Period |
2023-2028 |
Units |
US$ Billion |
Segment Coverage |
Application, End-Use, Region |
Region Covered |
Asia Pacific, Europe, Middle East and Africa, North America, Latin America |
Companies Covered |
Solvay, Evonik, Arkema, Kemira Oyj, FMC Corporation, EkO Peroxide LLC (acquired by AkzoNobel), Mitsubishi Gas Chemical Company, PeroxyChem LLC, Aditya Birla Chemicals Limited, Kingboard Chemical Holdings Ltd, BASF SE, Merck, Chang Chun Petrochemical, Guangdong Zhongcheng Chemicals and Hansol Chemical |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |