Global Hydrogen Peroxide Market By Grades (Technical Grade, Food Grade), By End-Use (Pulp & Paper, Food Grade Chemicals, Cleaners & Disinfectants (Household, Industrial, Healthcare), Wastewater Treatment and Others) and By Regions - Global Forecast 2030

“Global Hydrogen Peroxide Market” is the title of a recently published market report compiled by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global hydrogen peroxide market has been segmented on the basis of grade, end-use, as well as regions and countries.

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The Global Hydrogen Peroxide Market was valued at UЅD $3,080.1 Мn in 2020, and is projected to achieve a valuation of UЅD $4,864.9 Мn by 2030, at a САGR of 5.0%.

Overview:

Hydrogen peroxide is a chemical compound with the formula H₂O₂. In its pure form, it is a very pale blue liquid, slightly more viscous than water. Hydrogen peroxide is the simplest peroxide. It is used as an oxidizer, bleaching agent, and antiseptic.

Dynamics:

The extremely inexpensive nature of hydrogen peroxide, particularly among the weaker variants or grades, as well as the easy availability of this product that can be found in outlets such as supermarkets, convenience stores, online retail platforms, drug stores, etc., are some of the primary factors that are expected to continue to boost the revenue growth of global hydrogen peroxide market over the next 10 years.

Moreover, the increasing usage of this product among various end-user industries such as the food processing industry, etc., where for example, it is used for the purposes of sterilizing assorted packages, etc., and the steady expansion experienced by these industries in recent times, are also major factors that are slated to increase market growth opportunities for this global industry in the years to come.

However, it has been found that hydrogen peroxide solutions that contain as less as 5% concentration levels impedes the wound healing process among individuals, even though it is widely used as an antiseptic. This is a factor that may restrain the revenue growth of the global hydrogen peroxide market in the foreseeable future. Additionally, in light of the recent COVID-19 outbreak, the operations of numerous industries have either been temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. The global hydrogen peroxide market is no different, and this factor is anticipated to have a negative impact on the revenue growth of this industry.

Despite that, given the need for effective sanitization solutions as a direct result of this pandemic, there has been an exponential increase in the demand for cleaners and disinfectants. This is another factor that is expected to fuel the revenue growth of the global hydrogen peroxide market in the near future.

Nonetheless, various key industry players are increasing investments to focus more towards the development of a cleaner, cheaper fuel source with the use of this product. Should they succeed, it will lead to a gargantuan shift in revenue growth opportunities for the global hydrogen peroxide market over the next decade.

Segmentation of the Global Hydrogen Peroxide Market is as follows:

In terms of grade, the technical segment accounted for the maximum number of revenue shares of the global hydrogen peroxide market in 2020, and is expected to continue doing so over the forecast period. The food segment is also anticipated to index a high CAGR over the next 10 years.

With regards to end-use, the pulp & paper segment accounted for the highest number of revenue shares of the global hydrogen peroxide market in 2020, and is anticipated to continue to do so over the next decade. The chemicals segment is also indicative of registering a high CAGR over the forecast period.

Regional Segmentation and Analysis:

The markets in the Asia Pacific region accounted for the maximum number of revenue shares of the global hydrogen peroxide market in 2020, and is indicative of remaining this industry’s front-runner over the next decade. However, the markets in North America are also expected to register the highest CAGR over the course of the forecast period.

Segmentation of the Global Hydrogen Peroxide Market:

Segmentation by Grade:

• Technical Grade
• Food Grade

Segmentation by End-Use:

• Pulp & Paper
• Food Grade Chemicals
• Cleaners & Disinfectants (Household, Industrial, Healthcare)
• Wastewater Treatment
• Pharmaceuticals
• Personal Care Products
• Food Processing
• Fuel Propellant
• Other End-Uses

Segmentation by Regions:

• North America
• Europe
• APAC
• Latin America
• MEA

• BASF SE
• Merck KGaA
• Evonik Industries AG
• Solvay S.A.
• Arkema S.A.
• Chang Chun Group
• MITSUBISHI GAS CHEMICAL COMPANY INC.
• Kemira Oyj
• Taekwang Industrial Co. Ltd.
• OCI Co. Ltd.
• Hansol Chemical
• Gujarat Alkalies & Chemicals Limited (GACL)
• National Peroxide Ltd.
• Samuda Chemical Complex Limited
• Tasnim Chemical Complex Limited (Meghna Group)