Global Hydrogen Peroxide Market Trends, Applications, Analysis, Growth, and Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global hydrogen peroxide market in its upcoming report titled, “Global Hydrogen Peroxide Market Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global hydrogen peroxide market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017 to 2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global hydrogen peroxide market has been segmented on the basis of function, process, end user, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Hydrogen peroxide is a colorless liquid that can be used as an oxidizer, bleach, and antiseptic. It can be used as an antimicrobial chemical in gaseous and liquid form to disinfect, preserve, and sterilize various applications. Hydrogen peroxide is highly preferred over other antimicrobial agents as they exhibit a broad-spectrum of antimicrobial activity. It is used to make sodium perborate and sodium percarbonate, which are further used as bleaching agents for the production of detergents.

Increasing growth in consumption of hydrogen peroxide, owing to rising demand from pulp and paper industry, is a major factor expected to propel growth of the global market over the forecast year. In addition, increasing adoption of hydrogen peroxide in production of propylene oxide is another factor expected to fuel growth of the target market in the near future. Furthermore, rising use of hydrogen peroxide as an oxidizing agent in the chemicals industry is further expected to support growth of the target market in the near future. Moreover, it also finds uses in the treatment of municipal and industrial wastewater in developed as well developing economies.

However, stringent government regulations on use of the hydrogen peroxide in various end-use applications is expected to hamper growth of the global hydrogen peroxide market over the forecast period. In addition, inhalation of hydrogen peroxide can further cause irritation to throat, nose and respiratory track in individuals which may restrain growth of the target market in the near future.

Currently, market in Asia Pacific accounts for highest market share in the global hydrogen peroxide market in terms of revenue. This can be attributed to rising demand for hydrogen peroxide in propylene oxide production in the region. The market in North America and Europe is also expected to register significant growth over the forecast period, owing to rising demand for hydrogen peroxide from various industries. The market in Latin America and Middle East & Africa is expected to register moderate growth during the forecast period.

Global Hydrogen Peroxide Market Segmentation:

By function:

Oxidizing

Bleaching

Sterilizing

Propulsion

By process:

• Simple hydrogen peroxide
• Catalytic hydrogen peroxide
• Solution Catalysis
• Packed Column Catalysis
• Advanced Oxidation Processes

By end user:

• Paper and Pulp
• Chemicals
• Wastewater Treatment
• Mining
• Others (Pharmaceutical, Textiles and Electronics)

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• Akzonobel N.V.
• Arkema SA
• Solvay SA
• Evonik Industries AG
• Kemira OYJ
• Merck Group
• MITSUBISHI GAS CHEMICAL COMPANY, INC.
• National Peroxide Limited
• OCI Chemical Corporation
• TAEKWANG INDUSTRIAL CO., LTD.
• The Dow Chemical Company