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Hydrogen peroxide (H2O2) is a clear, colorless liquid that is slightly more viscous than water. It has strong oxidizing properties and is commonly used as a bleaching agent, antiseptic, and disinfectant. The global hydrogen peroxide market is expected to grow steadily in the coming years due to increasing demand from various end-use industries. Hydrogen peroxide is used in a wide range of applications, including pulp and paper bleaching, chemical synthesis, wastewater treatment, healthcare products, and food processing, among others. The global hydrogen peroxide market size is projected to grow by USD 2.0 billion from 2023 to 2029, registering a CAGR of 5.3 percent, according to the latest market data. One of the key drivers of the hydrogen peroxide market is the growing demand for eco-friendly and sustainable products. Hydrogen peroxide is considered to be an environmentally friendly alternative to traditional bleach and chemical disinfectants because it breaks down into water and oxygen, leaving no harmful residue behind.One of the key drivers of the hydrogen peroxide market is the growing demand for eco-friendly and sustainable products. Hydrogen peroxide is considered to be an environmentally friendly alternative to traditional bleach and chemical disinfectants because it breaks down into water and oxygen, leaving no harmful residue behind.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global hydrogen peroxide market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, function, end user, and region. The global market for hydrogen peroxide can be segmented by product: technical grade hydrogen peroxide, pharmaceutical grade hydrogen peroxide, electronic grade hydrogen peroxide. The technical grade hydrogen peroxide segment captured the largest share of the market in 2022. Hydrogen peroxide market is further segmented by function: disinfectant, bleaching, oxidant, others. The bleaching segment held the largest share of the global hydrogen peroxide market in 2022 and is anticipated to hold its share during the forecast period. Based on end user, the hydrogen peroxide market is segmented into: chemical intermediates, electronics, food processing, healthcare and personal care, mining and metallurgy, pulp and paper, textile, water treatment, others. In 2022, the pulp and paper segment made up the largest share of revenue generated by the hydrogen peroxide market. On the basis of region, the hydrogen peroxide market also can be divided into: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America. Among these, Asia-Pacific was accounted for the highest revenue generator in 2022.
Market Segmentation
By product: technical grade hydrogen peroxide, pharmaceutical grade hydrogen peroxide, electronic grade hydrogen peroxide
By function: disinfectant, bleaching, oxidant, others
By end user: chemical intermediates, electronics, food processing, healthcare and personal care, mining and metallurgy, pulp and paper, textile, water treatment, others
By region: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America
The global hydrogen peroxide market report offers detailed information on several market vendors, including ADAMA Ltd., Aditya Birla Chemicals (India) Limited, Akkok Holding A.S., Akzo Nobel N.V., Anhui Haoyuan Chemical Group Co., Ltd., Anhui Jinhe Industrial Co., Ltd., Anhui Jinmei Zhongneng Chemical Industrial Co., Ltd., Arkema S.A., Asia Union Electronic Chemical Corporation (AUECC), Befar Group Co., Ltd., Belinka Perkemija, d.o.o., Chang Chun Petrochemical Co. Ltd., China Haohua Chemical (Group) Corporation, China Petroleum & Chemical Corporation (Sinopec), Dinox Handels-GmbH, Ercros S.A., Evonik Industries AG, Guangdong Zhongcheng Chemical Industry Co. Ltd., Gujarat Alkalies and Chemical Limited. (GACL), Hansol Chemical Co., Ltd., Hindustan Organic Chemicals Limited, Huatai Group Co., Ltd., Indian Peroxide Ltd. (IPL), Jiangsu Tianhong Chemical Co., Ltd., Jiangxi Selon Industrial Co., Ltd., JINKE Company Limited., Kemira Oyj, Lihai Chemical Industry Co., Ltd., Liuzhou Chemical, Luxi Group Co., Ltd. (Sinochem Corporation), among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
* To analyze and forecast the market size of the global hydrogen peroxide market.
* To classify and forecast the global hydrogen peroxide market based on product, function, end user, region.
* To identify drivers and challenges for the global hydrogen peroxide market.
* To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global hydrogen peroxide market.
* To identify and analyze the profile of leading players operating in the global hydrogen peroxide market.
Why Choose This Report
* Gain a reliable outlook of the global hydrogen peroxide market forecasts from 2023 to 2029 across scenarios.
* Identify growth segments for investment.
* Stay ahead of competitors through company profiles and market data.
* The market estimate for ease of analysis across scenarios in Excel format.
* Strategy consulting and research support for three months.
* Print authentication provided for the single-user license.