Global Hydrogen Peroxide Market Report

Market Insights

The global hydrogen peroxide market is estimated to grow from USD 3.52 billion in 2023 to reach USD 4.55 billion by 2028 at a CAGR of 5.26% during the forecast period.

Wish to Get a Free Sample? Click Here.

What is hydrogen peroxide?

Hydrogen peroxide is a chemical compound that contains both oxygen and hydrogen. It finds extensive use in a wide range of industries. Possessing various properties such as antiseptic and efficient bleaching properties makes it highly suitable in paper & pulp and the healthcare industry.

Market Dynamics

Want to have a closer look at this report, Get a Free Sample.

Major factors such as surge in demand from paper & pulp industry, increasing popularity of hydrogen peroxide as a raw material for propylene oxide production (HPPO process), and growing penetration of its niche applications are expected to boost the growth of the market during the forecast period.

Key Players

Some of the key players in the hydrogen peroxide market are-

• Arkema S.A.
• Akzo Nobel N.V.
• Aditya Birla Chemicals Limited
• Evonik Industries AG
• Gujarat Alkalies and Chemicals Ltd. (GACL)
• Kemira Oyj.
• Kingboard Chemical Holdings Ltd.
• Mitsubishi Gas Chemical Company, Inc.
• National Peroxide Limited
• Peroxy Chem LLC
• Solvay S.A.

Segment Analysis

By End-User Industry Type

The market is segmented as paper & pulp, chemical, wastewater treatment, mining, and others. 

• The paper & pulp sector dominated the market in 2022, and it is estimated to maintain its dominance during the assessment period as well.
• Hydrogen peroxide finds use as a versatile bleaching agent in chemical pulp, mechanical pulp bleaching sequences, and in paper recycling with printed ink removal. Also, it is one of the most important chemicals applied in multi-stage processes in bleaching of kraft pulp.

By Region

Asia-Pacific holds more than 35% market share in 2022 and is estimated to be the leading region in the market during the assessment period.

• The growth of the region’s market is owing to the increased demand for hydrogen peroxide, especially from the paper & pulp and chemical industries. Furthermore, rapid industrialization and urbanization in nations, such as India and Indonesia, have supported the growth of the manufacturing sector, largely comprising chemical manufacturing and processing companies.
• The growing usage of paper in hygiene tissue sheets and food packaging is expected to accelerate the hydrogen peroxide market growth in paper and pulp manufacturing in the Asia-Pacific region in the coming years. North America and Europe are also expected to offer substantial growth opportunities over the forecast period.

Know which region offers best growth opportunities, Register Here.

Segmentation

The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market. 

The hydrogen peroxide market is segmented into the following categories:

By End-User Industry Type:

• Paper & Pulp
• Chemical
• Wastewater Treatment
• Mining
• Others

By Region:

• North America 
• Europe
• Asia-Pacific
• Rest of the World

Want to know the most attractive market segments? Click Here.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value.

It provides critical insights into the dynamics and will enable strategic decision making for the existing players as well as those willing to enter the market.

What Deliverables Will You Get in this Report

Customization Option

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Segmentation

• Current market segmentation of any one of the end-user industry types by country.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.