[Online Quarterly Update] Hydrogen Peroxide demand stood at around 3.7 million tonnes as of 2021 and is expected to reach around 8.3 million tonnes by 2035, registering a healthy CAGR of 5.93%. The paper and pulp industry accounted for the highest market share owing to the application of hydrogen peroxide as a strong bleaching agent to bleach mechanical pulp, chemical pulp, and recycled fibers. In the paper industry, it is widely used for quality paper for packaging and sanitary 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 the paper processing and waste treatment industry. As per FAO (Food and Agricultural Organization), packaging paper, paperboard, and sanitary paper application accounts for around more than 60% share in the global paper products every year.
Based on end uses, Hydrogen Peroxide market is segmented into Paper & Pulp, Textiles, Water & Wastewater Treatment, Food Processing, Electronics & Semiconductors, Pharmaceuticals, and others. Paper & Pulp segment dominates the hydrogen peroxide market, and it is anticipated to maintain its dominance over the forecast period. Hydrogen peroxide is a versatile bleaching agent that serves a wide range of applications in Paper & Pulp industry. As a bleaching agent, it increases brightness levels, improves brightness stability, and also reduces manufacturing costs. Harmful halogenated compounds and effluents found in pulp are minimized due to the use of hydrogen peroxide. In addition, it also lightens the color of the effluent. Mechanical pulp derived from the conventional groundwood process is also bleached using hydrogen peroxide to very high brightness levels. It is applied in combination with caustic soda for stabilization and buffering and as a chelant for sequestering heavy metal traces in wood pulp.
Removal of printing ink is crucial in paper recycling when fibers are reused to produce printing papers. Hydrogen peroxide is widely used for fiber brightening. A trace amount of hydrogen peroxide is sufficient to improve the brightness and prevent alkaline yellowing.
With rising awareness about healthy lifestyles and safe drinking water, the application of hydrogen peroxide in the wastewater treatment segment is expected to grow and drive market growth over the forecast period. The overall hydrogen peroxide market shall prosper in terms of volume at a CAGR of over 5.9% in the upcoming year, owing to the rising awareness among end-use industries regarding its versatile property and being environmentally friendly.
The pandemic outbreak worldwide, which has been declared a pandemic by the World Health Organization, has affected several countries adversely. Leading authorities worldwide-imposed lockdown restrictions and released a set of preventive measures to contain the spread of COVID-19. Chemical Industry was adversely affected as production units were temporarily shut down, and supply chain activities were also hampered. Hydrogen Peroxide is used as a key ingredient in hand sanitizers, whose demand has increased tremendously across the globe. Even at low concentrations, Hydrogen Peroxide acts as an effective antibacterial agent. Therefore, it is widely applicable in healthcare and cosmetics industries, such as wound disinfectant, sterilization of medical equipment, and can be used as a mouth wash.
Region-wise, Asia Pacific accounts for the majority share in the Hydrogen Peroxide market, and this trend is likely to continue throughout the forecast period. This region is the epicenter for paper consumption, textile production, healthcare, personal care, etc., due to the presence of a huge population and to satisfy the growing needs. North America and Europe also held significant volume 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 their process technologies. In February 2020, Evonik also 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, 2022-2035.
Some of the major players operating in the Hydrogen Peroxide market are Solvay S.A., Evonik Industries AG, Arkema S.A, Mitsubishi Gas Chemical Company (MGC), Eka Chemicals Inc, and others.
Years considered for this report:
Historical Period: 2015-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023–2035
This report will be delivered on an online digital platform with one-year subscription and quarterly update.
Objective of the Study:
• To assess the demand-supply scenario of Hydrogen Peroxide which covers production, demand, and supply of Hydrogen Peroxide market globally.
• To analyze and forecast the market size of Hydrogen Peroxide.
• To classify and forecast Hydrogen Peroxide market based on end-use, sales channel and regional distribution.
• To identify drivers and challenges for Hydrogen Peroxide market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Hydrogen Peroxide market.
• To identify and analyze the profile of leading players involved in the manufacturing of Hydrogen Peroxide.
To extract data for Hydrogen Peroxide market, primary research surveys were conducted with Hydrogen Peroxide manufacturers, suppliers, distributors, wholesalers, and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for Hydrogen Peroxide market over the coming years.
ChemAnalyst calculated Hydrogen Peroxide demand globally by analyzing the historical data and demand forecast which was carried out considering growth of end use industries coupled with raw material prices used for the production of Hydrogen Peroxide. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Hydrogen Peroxide manufacturers and other stakeholders
• Organizations, forums, and alliances related to Hydrogen Peroxide distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Hydrogen Peroxide manufacturers, customers, and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Hydrogen Peroxide market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size volume by 2035
8.3 million tonnes
Market size value by 2035
USD 6408 Million
Growth Rate
CAGR of 5.93% from 2022 to 2035
Base year
2021
Historic Data
2015-2020
Forecast period
2023 – 2035
Quantitative units
Demand in Million tonnes and CAGR from 2022 to 2035
End-Use (Paper & Pulp, Textiles, Water & Wastewater Treatment, Food Processing, Electronics & Semiconductor, Pharmaceuticals, and others)
Sales Channel (Direct Sale, and indirect sale)
Regional scope
North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope
United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina
Key companies profiled
Solvay S.A., Evonik Industries AG, Arkema S.A, Mitsubishi Gas Chemical Company (MGC), Eka Chemicals Inc, and others.
Customization scope
Free report customization with purchase. Addition or alteration to country, regional & segment scope.
12.6.4.Argentina Hydrogen Peroxide Demand-Supply Scenario, 2015-2035, By Volume
12.6.4.1.Demand
12.6.4.2.Supply
12.6.4.3.Gap
12.6.5.Argentina Hydrogen Peroxide Demand Outlook, 2015-2035, By Volume and Value
12.6.5.1.By End-Use
12.6.5.2.By Sales Channel
12.6.5.3.By Company Share (At least top 3 companies’ market share
12.6.5.4.By Region
13.Country-wise Import
14.Country-wise Export
15.News and Deals
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s,Lorem Ipsum has been the industry's standard dummy text ever since the 1500s,
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s,Lorem Ipsum has been the industry's standard dummy text ever since the 1500s,
Clients & Testimonials
I am satisfied with overall performance of ChemAnalyst. Weekly updates before the final report were especially
helpful and reassuring. Additional requests on the interim and/or final reports were handled in a swift and professional manner
Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s,Lorem Ipsum has been the industry's standard dummy text ever since the 1500s,
Disruption Tracker
Disruption Tracker reflect the major shutdown on monthly basis which will help you in tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries with a global view of production and consumption capacity loss that reflects the corresponding conversion factors. It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on supply of the product in the market at a Global level.
What is the expected market growth for Hydrogen Peroxide?
Ans:
Hydrogen Peroxide market is anticipated to grow at a healthy CAGR of 5.93%, with demand likely to reach around 8.3 million tonnes in terms of volume by 2035.
Q2.
Which is the dominating region in the Hydrogen Peroxide market?
Ans:
Asia Pacific Region accounts for the major share in the global market followed by Europe and North America Region.
Q3.
Do you offer single or multiuser license?
Ans:
Online Access 12 Months – Single User License (Up to 3 users can access the database)
Online Access 12 Months – Enterprise License (Up to 10 Users can access the database)
Q4.
Will I get access to the analyst who authored this report?
Ans:
You will have 24/7 access to the analyst during the subscription period.
Our Solutions
Custom Research
We at ChemAnalyst provide tailor-made solutions to our clients based on their requirements which help them in building and expanding their business by developing customized strategy such as sales strategy, GTM Strategy, product portfolio and new product development. Our dedicated team helps clients in getting the best solution for their requirements. We at ChemAnalyst look forward to serving our clients for long term association.
Techno Economic Feasibility Report (TEFR)
ChemAnalyst provide TEFR reports which include market sizing, plant cost (ISBL and OSBL units), financial modelling, covering all the major financial calculations and ratios including production cost, IRR, major technology, licensing fee (if required), and others fixed and variable costs. TEFR reports will help the client to build greenfield project as well as brownfield expansion for a specific geography. Our Team of experts have delivered multiple TEFR reports which help clients in moving ahead of their business competition by grabbing the opportunity and expanding their business portfolio.
Price Benchmarking
Pricing benchmark report provides real-time data perpetuating current market scenarios, in a world that is changing at a rapid pace, having real-time prices is an imperative to make impactful insights and thereby informed decisions. The Price Benchmarking report provides pricing data for an individual market, or group of markets, which can be converted into localized insights and comparable listings. Benchmarking Reports help clients to make informed decisions by construing the data on several filters: region, country, category, grade and subsequently increasing their brand presence. Clients majorly require pricing benchmarks when they opt for a competitive pricing strategy.
