The India hydrogen peroxide market size reached US$ 169.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 243.5 Million by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
Hydrogen peroxide (H2O2) is a clear, pale blue chemical compound in its pure form. It is naturally found in biological systems and is a well-documented component of living cells. Due to its unstable nature, hydrogen peroxide is usually stored in a weak acidic solution with a stabilizer. Hydrogen peroxide is also a preferred oxidizing agent due to its low molecular weight. In India, it is utilized in the form of carbamide peroxide for tooth whitening, both professionally or in self-administered products.
The India hydrogen peroxide market is primarily driven by the increasing utilization of hydrogen peroxide as a disinfectant in the food processing industry and as a bleaching agent in the pulp and paper industry. Apart from this, several environmental laws and regulations established by the Government of India have promoted the use of hydrogen peroxide due to its emission-free and eco-friendly properties. This has also led to a significant rise in the use of this compound for water treatment and pollution control applications. Moreover, with the coronavirus disease (COVID-19) outbreak, hydrogen peroxide is widely employed in sanitizers and other hygienic products as it actively acts against viruses.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India hydrogen peroxide market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on application and end use.
Breakup by Application:
- Chemical Synthesis
- Cleaning and Etching
Breakup by End Use:
- Pulp and Paper
- Food and Beverages
- Water Treatment
- Textiles and Laundry
- Oil and Gas
Breakup by Region:
- North India
- West and Central India
- South India
- East India
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis
||Application, End Use, Region
|| North India, West and Central India, South India, East India
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Key Questions Answered in This Report:
- How has the India hydrogen peroxide market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India hydrogen peroxide market?
- What are the key regional markets?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the India hydrogen peroxide market and who are the key players?
- What is the degree of competition in the industry?