Demand for Hydrogen Peroxide firmed up during 2013-2019 and the demand is likely to grow at a CAGR of 5.1% during the forecast period. The paper and pulp industry accounted for the highest market share owing to the application of hydrogen peroxide as a strong bleaching agent and for recycling applications. Paper consumption has been increasing steadily over the last few years and Hydrogen Peroxide, being an environment-friendly emission-free product finds wide application in paper processing and waste treatment in the industry.
Other major applications of the product contributing to the impressive CAGR of the product include an all-time increase in demand for disinfectants as a result of the COVID-19 pandemic. Hydrogen Peroxide is a key ingredient in hand sanitizers whose demand has increased globally. Even at low concentration, Hydrogen Peroxide acts as an effective antibacterial agent, therefore finding wide application in healthcare and cosmetics industries. In the healthcare industry, the product is used extensively as a wound disinfectant, for the sterilization of medical equipment and as a decontaminant.
The Asia-Pacific region has been the hotspot for Hydrogen Peroxide demand during the years considered in the report and this trend is likely to continue through the forecast period. North America and Europe were not too far behind in generating volume demand for the product and this opportunity has been well capitalized by players such as Solvay S.A., Evonik Industries SA, The Dow Chemical Company etc. who have gone for acquisitions and newer models of partnerships to develop its process technologies. As of February 2020, Evonik has also successfully acquired PeroxyChem LLC to gain a strong foothold in the Hydrogen Peroxide business. These drivers paint a strong demand for Hydrogen Peroxide during the forecast period, 2021-2030.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders, such as Hydrogen Peroxide manufacturers, distributors, importers and end-users. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
In this report, the Global Hydrogen Peroxide Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Market, by Concentration - 30%, 35%, 50%, 60%, 100%, Others
Market, by Concentration - Standard, Specialty
Market, by End-Use - Paper & Pulp, Textiles, Water & Wastewater Treatment, Chemical Manufacturing, Electronics & Semiconductors, Food Processing, Pharmaceutical, Others
Market, by Sales Channel - Direct/Institutional Sales, Retail Sales, Other Channel Sales
Market, by Region - APAC, North America, Europe, South America, MEA
Market, by Region:
APAC - China, India, Japan, South Korea, Taiwan, Thailand, Indonesia
North America - United States, Mexico, Canada
Europe - Germany, Russia, France, United Kingdom, Spain, Italy
South America - Brazil, Argentina, Chile
MEA - Saudi Arabia, UAE, South Africa
Competition Outlook: Outlook of leading 10 players based on product portfolio, market pricing, average selling price, sales footprint, etc.
Company Profiles: Detailed analysis of the major companies operating in the Global Hydrogen Peroxide Market.
Key Topics Covered:
1. Product & Technology Overview
2. Global Hydrogen Peroxide Outlook, 2015-2030
3. Global Hydrogen Peroxide Demand Outlook, 2015-2030, By Volume
4. Region 1 APAC Hydrogen Peroxide Outlook, 2015-2030
5. Region 1 APAC Hydrogen Peroxide Demand Outlook, 2015-2030, By Volume
6. Country 1 China Hydrogen Peroxide Outlook, 2015-2030
7. Country 1 China Hydrogen Peroxide Demand-Supply Scenario, 2015-2030, By Volume
8. Country 1 China Hydrogen Peroxide Demand Outlook, 2015-2030, By Volume
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